Bitcoin Forum

Forbes covering this is a huge deal

https://www.forbes.com/sites/giovannirodriguez/2017/08/16/can-swarm-fund-help-the-cryptocurrency-market-finally-enter-the-mainstream/#3c562d2f2e77

Interesting article. And I agree that Forbes covering is impressive. The token sale will start in a little bit more than a week, so let see will it be successful or not

It's obvious nowadays, the people who are holder are the largest backer of a token.
Forbes have for years influenced the stock market and now they are entering the crypto world.

The forbes already published a lot of the content about the crypto currency, it looks the forbes can make the project or something is a part of crypto get a lot of interest by those person was not a crypto users.
The forbes give a huge deal with the hype for the swarm platform.

yeah, a lot of more traditional investors could be brought into crypto world via coverage of promising projects like Swarm via mainstream financial media

No individual or news outlet will ever dictate wither a "coin" will go mainstream. Bitcoin is as mainstream as you get, and yet hardly any person not directly involved with digital currencies has no clue about what bitcoin is, let alone any digital currency.

Forbes and all the news outlets that cover "the next bitcoin" this and that are full of shit. No coin will become more mainstream than bitcoin, unless there is serious action behind it, such as getting listed to world exchanges and etc.

a new business model that intersects with mainstream economic functionality and utilizes blockchain could get mainstream adoption before bitcoin

seems like this is what Swarm Fund is seeking to accomplish

ico just started:

https://swarm.fund/

after much consideration and research, I have decided to invest in this project, too much potential to pass it up

easy to get an article in Forbes. Yawn. So what!?

So i`ve checked the Swarm presale page aaaand: "Purchase Amount (minimum 50,000 $USD equivalent in ETH)"...  I mean, really? Fifty thousand dollars? They should`ve gone for the million straight away.

LOL ridiculous, hope this fails hard.

You do understand almost anyone can write for Forbes?

Note the disclaimer just below the author's name.

"Opinions expressed by Forbes Contributors are their own."

Always makes me laugh when I see someone suggest being in a Forbes article is a big deal. Those days are long gone.

thank you for your information. But now I think I dont believe anything on internet. Many fake news and useless news everyday. only believe myself when invest to something

Web sites post "submissions"
I have watched about 30 coins do this with every major site since 2013.

Franko coin was featured on the Wallstreet Journal.
Coin dev's have known this for 4 years..
Write up some bullshit then send it to them... then they post it.
Then run here and post how the "site" backs their coin.

Then make sure to get IBM.. "big Banks" and of course "Azure" on boards to do it right  ;D
Just wait.. i am predicting it right now.
GOOGLE will "supporting" coins soon enough too.
I just heard they are expanding they cloud computing platform in EUR in the news.
Pretty soon coin devs will get their coin bullshit onto their servers then.. BAM !
GOOGLE SUPPORTS XYZ SHITCOIN ..news at the talk LOL

Yes, most "news" websites are about clicks and advertising revenue. This isn't just true for cryptocurrency; but, for everything imaginable. It explains the renewed political turmoil in the world too. Journalism, for the most part is dead.

Just a paid article. Just pay a Forbes contributor and get published on Forbes.  :D

Wonder why the website refused opening on my mobile phone.op could you pls post the article title so I could search it on Google.

Good it's getting press but agree that it is just a paid article.

The article says this:


Two things: Swarm is just another ICO.

And it's not hard for people to invest in real estate - if you can't buy a house on your own, there are plenty of property based mutual funds you can invest small amounts into. What's more those mutual funds are regulated.

So no, I don't think this will "bring crypto into the mainstream". It's just another ICO with a weak proposition.

Getting true mainstream adoption on a crypto currency is extremely difficult. Bitcoin is the biggest success and even it hasn't reached mainstream adoption.

today money rule the world. even a website like Forbes

yes. I also saw that. I think they have a very bright future, because with that much money, they have proven that they can make a change in the future.

any idea why they set it so high? A $50k minimum is very rare in the crypto space.

I just want to ask does gorbes statement had been accurate eversince?Im quite new to cryptocurrency and still confuse if this forbes is same forbes magazine I know. Well Ill just wait for the ICO to finish and see if the succeed.

its the same Forbes magazine that you are thinking of

Forbes covering an ico is a huge deal. This project could be massive. Will be watching closely.

some more good info here:
https://www.youtube.com/watch?v=p-dDl3ip3mM

This is the kind of stuff that is going to bring down the regulation hammer in the US.  As it stands now, to invest in real estate shares and/or invest directly into energy markets (like oil wells, solar, etc), it's largely a market reserved for accredited investors ... not the little guy.  Sadly, the more "mainstream" this goes, the more attention it's going to get, not just from regulators, but from special interest lobbies that see this as a threat or "disruptor" to their business models.  The good is news is we may all be millionaires in a few years, the bad news we may be getting shut out of future investments shortly.

i think the technology is outpacing the ability to regulate it

of course there will be attempts like what we are seeing now in china

but ultimately the speed of technological development will keep increasing exponentially

while the speed of governance remains more or less the same

Maybe because Forbes also invested to that Swarm Fund, as much as i can remember they are the one also released the topic that says that bitcoin could be a bubble and why you should not invest on bitcoin and why you should not own one, this is extremely suspicious.

that seems like a whole lot of assumptions and wild speculation but if Forbes were actually financially backing Swarm Fund, all the more reason the project will be highly successful

wait, so Forbes is actually invested in swarm? do you have any more info about this? seems like this would be huge news. why would they be secretive about it?

Whoever at Forbes said that is probably smarter with crypto than I am, so take this with a grain of salt, but I think most likely this will not be the main factor in taking crypto mainstream. It might be a Superbowl ad or something like that.

i didnt like this swarm fund ANN, they are promising too much
trying to convince you that you will buy a boat in few years
lol
just read it

read it, it all sounded pretty reasonable to me. the project has a lot of potential and they are aware of that. nothing seems unrealistic about their goals to me

I think this project has all chances to become successful. Behind him is a great team and they have support Forbs. I think these guys have a great future.

how long until we see the first crypto related super bowl ad?

i actually think blockchain tech will come into mainstream use much more quickly. the average joe doesnt need to understand it to utilize it. i see it operating behind the scenes in ways that most of the end users wont be aware of

For now the average joe doesn't really have anything that's easier to use than cash or credit card.

its possible that the first mainstream utilization of blockchain tech will not be as a pure crypto currency but more of something that runs in the background of a web app or platform. i think projects like swarm fund have a real shot at seeing mainstream adoption in the near future

It's worth pointing out that forbes.com/sites/ articles are essentially just blog posts, and are not part of the Forbes publication or editorial process.

That said, inasmuch as most people are completely oblivious to that /sites/ part of the URL, the impact of the post will be almost as if it were straight from Forbes. The hard part is getting it in front of peoples' eyes, as it won't be something you can easily find from the Forbes.com main page (and it won't be in the print publication).

the ico had been pushed back to Oct 21st:

Swarm Fund has extended the pre-sale period and will open the SWM public token sale from October 21 to October 27. We came to this decision after conferring with our legal and institutional partners, and realizing we needed additional time to accommodate the shifting regulatory landscape.

On September 7th Swarm briefly opened a public sale and then switched to an ambassador-only pre-sale. Refunds were given to any unsatisfied participants in the short public sale, which were taken up by 5.3 percent of all crowdsale transactions, representing $75K. Since then, additional pre-sale funds of $2.5M for a total of $4.7M have been committed to date.

We chose this revised schedule in light of the following:

    Continued Token Swap: To accommodate Swarm token holders who were unable to participate in our token swap; particularly since Poloniex has now agreed to allow holders of Swarm 1.0 tokens to transfer them off their platform. More information to be released shortly.

    Asia: In consideration of investors in Asia who have requested more time to participate in the sale as they navigate the regulatory situations across the region.

    US Investor Accreditation: As we want to be as inclusive to the investor community while legally compliant, we are using the additional time to make the process as simple as possible for US-based investors to navigate any accreditation hurdles to participation. More information to be released shortly.

    Community Involvement: We have received ample feedback on the liquidity release feature of the SWM Token. Since we are building Swarm as a platform based on community participation, and are launching with a product that puts decisions in the hands of the Swarm community, we are taking this time to incorporate relevant suggestions that will improve all aspects of this offering. As we close the sale, our liquid democracy platform will be operational with the Swarm Token holder community voting to decide on the liquidity schedule, as well as the appointment of board members.

We believe this new process and timeplan gives the community the best access and time to participate, while simultaneously providing us with the opportunity to do this in a much more safe and compliant way, via auditing all steps of the process. Within this new procedure and time schedule, we are able to continue with the pre-established token pricing curve, while holding true to the initially promised first token liquidity (moved by three days to November 6th).

As part of our roadshow, we have traveled to Los Angeles and New York City, as well as six other countries over the past week. The reception has been extremely positive from the institutional finance world, private wealth management and others in the broader financial community.

We strive for transparency in our processes, and are equally committed to deliver real value from day one, particularly in the current, and dynamic landscape. When the first liquid democracy vote goes live on 10/31, Swarm Token holders will be asked to participate in their first voting process, in order to appoint the Board and the go forward liquidity schedule for Swarm Tokens. This indoctrinates them as a part of liquid democracy, engaging all Swarm members directly in deciding the future of the platform.

We are very excited about the overall community’s enthusiasm for this project, and the positive feedback we are receiving. It’s truly helping us shape this venture and ensures it evolves in the best possible way.

Official time schedule for the sales process:

    Pre-sale will continue until 10/18 23:00 UTC
    Swarm public sale opens 10/21 14:00 UTC and closes 10/27 23:00 UTC
    Liquid democracy voting on Board selection and Swarm Token liquidity release begins 10/30 14:00 UTC until 11/3 23:00 UTC
    First liquidity release for token tradability 11/6 15:00 UTC

really appreciate their explanation for the delay

very thorough and well reasoned

Mainstream usually try to catchbup with forbes! It has a wide readership and definitely will mode public opinion! For me any coin or project that will advance tge cause of bkockchain, decentralization and core satochi ideas, I'm all for it!

Remember that Forbes also featured OneCoin on their coverpage, saying that their CEO was an awesome woman and the business was one of the best models for modern corporate. We all know now OneCoin was a proven scam and pyramid scheme, and had nothing to do with actual crypto and swarm. The lesson here is, don't believe everything you read. Even experts can get it wrong sometimes. And by the way, Forbes is not a crypto expert!

Forbes built a great brand, great for pumping and making money, you own the media you own everything...

regardless of personal feelings about Forbes and what they represent or stand for, it represents the mainstream financial establishment perhaps more than any other media outlet. the fact that they are covering swarm fund is significant

I like Swarm.Fund project. They trying to make better and easier investments in real assets for common people. If their ICO would be succeed (I hope it will) Forbes turns to be right for sure ;)

yeah, the project should really open up way more investment opportunities to a lot more people with less capital to work with

imagine being able to invest in a real estate deal with only 1k

investment opportunities like there are relatively safe and offer high returns but until now were only available to those with way more capital

this is exactly what is game changing about Swarm Fund

it could result in massive wealth distribution as a certain category of investment opportunities all of a sudden become available to many more people

this is a very exciting possibility for swarm fund, this is the kind of disruption that really makes crypto shine

Great recent interview with Philipp Pieper, partner and co-founder of Swarm Fund:

http://blockchain-finance.com/2017/10/02/interview-swarm-fund-on-using-blockchain-for-investing-icos-and-regulation/

What happens in 2 more days?

The ico starts on the 21st of October and concludes on the 26th. 

We won't see the Swarm token being traded on exchanges until shortly after the ico concludes

the ico is live! looks like things are going really well so far