Bitcoin Forum

Alternate cryptocurrencies => Announcements (Altcoins) => Topic started by: Swapper.io on November 22, 2017, 11:46:16 PM



Title: [ANN] SWAPPER.IO - Legally defer taxes on your crypto profits! ITO: Dec 4th
Post by: Swapper.io on November 22, 2017, 11:46:16 PM
WEB (https://swapper.io) | WHITE PAPER (https://swapper.io/Swapper_White_Paper.pdf) | TWITTER (https://twitter.com)  | FACEBOOK (https://www.facebook.com/PreserveWealth/) | MEDIUM (https://medium.com/@swapper.io) | TELEGRAM (https://t.me/swapperio)

 (https://swapper.io//)
SWAPPER.IO

The first blockchain based legally registered qualified intermediary for deferring capital gains tax on your crypto profits. A tool built for US based traders and investors to protect their profits using IRS 1031 exchanges, a common practice that saves real estate and intellectual property billions a year in taxes. Full information: https://swapper.io.

INITIAL TOKEN OFFERING

Swapper token sale is live!: https://swapper.io/ito (https://swapper.io/ito)

We have partnered with Civic to use their identity management app to sign up. This will help us comply with mandatory know your customer and anti-money laundering regulation. It will improve legitimacy and security for everyone involved. Thank you for your patience.

ITO: December 4th - January 2nd. ERC20 tokens with a maximum supply of 100M.  Each SWAP token will be valued at $0.25 and $0.50 USD in two phases. When the platform is built, tokens will be worth $1 USD for ease of accountability. Hard cap: $37,750,000 USD. The soft cap is $250,000 USD, equivalent to the first phase. As the tool is not as complicated as others in the cryptosphere our costs are not so high and we are confident that we will build it no matter what. The team is also in talks for funding from different ventures, as the idea could be very useful even outside of crypto assets. Tokens will be listed on major exchanges.

Purchasers based in the United State accepted. For others, please research your local laws before participating. Full details below and on website.

TEAM

CEO - Michael Kuhn - LinkedIn: https://www.linkedin.com/in/michael-kuhn-b781a185/

COO - Matthew Yavorcik - LinkedIn: https://www.linkedin.com/in/matthew-yavorcik-41461227/
 
Founder - Marty Yavorcik - LinkedIn: https://www.linkedin.com/in/martyyavorcik/

BOUNTY CAMPAIGN

Link: https://bitcointalk.org/index.php?topic=2481024.0











Title: Re: [ANN] SWAPPER.IO - Legally defer taxes on your crypto profits! ITO: Dec 4th
Post by: murgut on November 22, 2017, 11:49:11 PM
hmm..this might be interesting as a concept..


Title: Re: [ANN] SWAPPER.IO - Legally defer taxes on your crypto profits! ITO: Dec 4th
Post by: GrandpasNaked on November 23, 2017, 12:03:38 AM
Great work, looking good and I'm excited for this.
Glad to see you guys and girls still trucking!


Title: Re: [ANN] SWAPPER.IO - Legally defer taxes on your crypto profits! ITO: Dec 4th
Post by: YClipse on November 23, 2017, 12:45:01 AM
"legally"


Title: Re: [ANN] SWAPPER.IO - Legally defer taxes on your crypto profits! ITO: Dec 4th
Post by: CryptoTrout on November 23, 2017, 12:46:17 AM
this looks 100% legal and totally legit for all US citizens


Title: Re: [ANN] SWAPPER.IO - Legally defer taxes on your crypto profits! ITO: Dec 4th
Post by: MustDream on November 23, 2017, 01:00:38 AM
Hi there, can I use SWAPPER.IO from another country?


Title: Re: [ANN] SWAPPER.IO - Legally defer taxes on your crypto profits! ITO: Dec 4th
Post by: Swapper.io on November 23, 2017, 01:09:32 AM
Hi there, can I use SWAPPER.IO from another country?

Swapper is available for anyone subject to US tax laws. The ITO is open to purchasers in any legislation where it is legal for them. 


Title: Re: [ANN] SWAPPER.IO - Legally defer taxes on your crypto profits! ITO: Dec 4th
Post by: robinhande on November 23, 2017, 02:55:16 AM
do I have to pay for Swappe service? how much is the cost? thanks


Title: Re: [ANN] SWAPPER.IO - Legally defer taxes on your crypto profits! ITO: Dec 4th
Post by: Swapper.io on November 23, 2017, 03:08:06 AM
do I have to pay for Swappe service? how much is the cost? thanks

Yes. When using the Swapper platform the fee is paid per swap in the currency that you choose to exchange from. The fee schedule is not finalized, however, the fees will be kept to an absolute minimum as the goal is volume in order to accommodate both large and small exchange users.


Title: Re: [ANN] SWAPPER.IO - Legally defer taxes on your crypto profits! ITO: Dec 4th
Post by: dulongkiem on November 23, 2017, 04:30:35 AM
nice project. good luck dev. Hope the project will be successful


Title: Re: [ANN] SWAPPER.IO - Legally defer taxes on your crypto profits! ITO: Dec 4th
Post by: cryptonx on November 23, 2017, 04:54:45 AM
i see the Hard cap is : 37,750,000 USD
how if the fundraising didn't hit the hard cap ?
is there any soft cap or all furnds will be refundable ?


Title: Re: [ANN] SWAPPER.IO - Legally defer taxes on your crypto profits! ITO: Dec 4th
Post by: Swapper.io on November 23, 2017, 01:08:44 PM
i see the Hard cap is : 37,750,000 USD
how if the fundraising didn't hit the hard cap ?
is there any soft cap or all furnds will be refundable ?

Hello, thanks for your interest in the project. Sorry if we were not clear, will rephrase in post: the soft cap is the 250,000 of the first phase. As the tool is not as complicated as others in the cryptosphere our costs are not so high and we are confident that we will build it no matter what. The team is also in talks for funding from different ventures, as the idea could be very useful even outside of crypto assets and our smart contracts are asset neutral.


Title: Re: [ANN] SWAPPER.IO - Legally defer taxes on your crypto profits! ITO: Dec 4th
Post by: GrandpasNaked on November 24, 2017, 08:57:53 PM
What exchange(s) is it opening on after ITO?


Title: Re: [ANN] SWAPPER.IO - Legally defer taxes on your crypto profits! ITO: Dec 4th
Post by: lucky626 on November 24, 2017, 09:03:24 PM
Love this project, goodluck Dev


Title: Re: [ANN] SWAPPER.IO - Legally defer taxes on your crypto profits! ITO: Dec 4th
Post by: Swapper.io on November 25, 2017, 03:42:03 PM
What exchange(s) is it opening on after ITO?

At this time, TradeQwik and the decentralized ERC20 exchanges are confirmed. We have contacted HitBTC, Bittrex and Poloniex. They will be watching the project. In the end it comes down to the success of the ITO. Rest assured we want this to succeed for everyone involved.

Love this project, goodluck Dev

Thank you! We will do our best to build a useful tool for the US based community and for purchasers around the world.


Title: Re: [ANN] SWAPPER.IO - Legally defer taxes on your crypto profits! ITO: Dec 4th
Post by: Batmain on November 26, 2017, 06:25:42 AM
i see the Hard cap is : 37,750,000 USD
how if the fundraising didn't hit the hard cap ?
is there any soft cap or all furnds will be refundable ?

Hello, thanks for your interest in the project. Sorry if we were not clear, will rephrase in post: the soft cap is the 250,000 of the first phase. As the tool is not as complicated as others in the cryptosphere our costs are not so high and we are confident that we will build it no matter what. The team is also in talks for funding from different ventures, as the idea could be very useful even outside of crypto assets and our smart contracts are asset neutral.

The tool is not that complicated but the concept is complicated enough. The words you've used is purely based on laws, and most of us don't know we'll about that. I'm currently reading your WP.
I'm hoping that these project will get more investors and you can tell more about your advisors and team. Good luck.


Title: Re: [ANN] SWAPPER.IO - Legally defer taxes on your crypto profits! ITO: Dec 4th
Post by: Swapper.io on November 26, 2017, 02:41:32 PM
i see the Hard cap is : 37,750,000 USD
how if the fundraising didn't hit the hard cap ?
is there any soft cap or all furnds will be refundable ?

Hello, thanks for your interest in the project. Sorry if we were not clear, will rephrase in post: the soft cap is the 250,000 of the first phase. As the tool is not as complicated as others in the cryptosphere our costs are not so high and we are confident that we will build it no matter what. The team is also in talks for funding from different ventures, as the idea could be very useful even outside of crypto assets and our smart contracts are asset neutral.

The tool is not that complicated but the concept is complicated enough. The words you've used is purely based on laws, and most of us don't know we'll about that. I'm currently reading your WP.
I'm hoping that these project will get more investors and you can tell more about your advisors and team. Good luck.

What we mean is that technologically it is not hard to develop and will serve a very specific, concrete need. The law in itself is complex, of course. However the idea is born from practice, as our founder, who is a trader and lawyer, and has been using IRS 1031 exchanges consistently in his trading. Swapper is already legally registered as a Qualified Intermediary in the US. The idea is to make this process as simple as possible for traders and investors, while showing them how to protect their profits through diligence and good practice.

We have updated the ANN to include the team's LinkedIn profiles, please check them out if you are interested. The project will incorporate advisors as it progresses. If you have any questions you are free to ask here or at community@swapper.io.


Title: Re: [ANN] SWAPPER.IO - Legally defer taxes on your crypto profits! ITO: Dec 4th
Post by: MrSpasybo on November 27, 2017, 11:14:45 PM
How you can upload picture on Bitcointalk? I tried but can't @@


Title: Re: [ANN] SWAPPER.IO - Legally defer taxes on your crypto profits! ITO: Dec 4th
Post by: youngagethinker on November 28, 2017, 03:37:05 AM
How you can upload picture on Bitcointalk? I tried but can't @@

Try to upload your picture in here : imgur.com
ang gut the link for boards and Forums.  ;D


Title: Re: [ANN] SWAPPER.IO - Legally defer taxes on your crypto profits! ITO: Dec 4th
Post by: speaknow on November 28, 2017, 04:39:59 AM
Hola! Russian ANN done:
https://bitcointalk.org/index.php?topic=2474992.msg25350287#msg25350287


Title: Re: [ANN] SWAPPER.IO - Legally defer taxes on your crypto profits! ITO: Dec 4th
Post by: Arteezy.rtx on November 29, 2017, 12:08:04 AM
Bounty campaign thread is live!

https://bitcointalk.org/index.php?topic=2481024.0


Title: Re: [ANN] SWAPPER.IO - Legally defer taxes on your crypto profits! ITO: Dec 4th
Post by: Swapper.io on November 30, 2017, 11:01:12 AM
big project . i like this .

Thank you. Stay tuned as we are also working with Civic to provide identity management and know your customer rules for the ITO.


Title: Re: [ANN] SWAPPER.IO - Legally defer taxes on your crypto profits! ITO: Dec 4th
Post by: karemm on November 30, 2017, 06:07:05 PM
Joined twiter and fb bounty
looking good and I'm excited for this. good luck  ;D


Title: Re: [ANN] SWAPPER.IO - Legally defer taxes on your crypto profits! ITO: Dec 4th
Post by: MrSpasybo on November 30, 2017, 08:11:54 PM
This is big and great platform, good idea, which is based on exchange "like-kind" IRS 1031 in US.tax rules.
In ITO only $0.25/SWAP. After ITO will be 1$/SWAP. You can gain 300%! Let's think of it!
I'm the first translator with this project, I read history of Starker's case and I support SWAPPER.io!


Title: Re: [ANN] SWAPPER.IO - Legally defer taxes on your crypto profits! ITO: Dec 4th
Post by: speaknow on December 04, 2017, 08:08:01 AM
hello!
why ICO not started?


Title: Re: [ANN] SWAPPER.IO - Legally defer taxes on your crypto profits! ITO: Dec 4th
Post by: Swapper.io on December 04, 2017, 03:18:10 PM
hello!
why ICO not started?

It will start soon. We are implementing CIVIC for KYC/AML regulations. Will be safer, easier and more trustworthy for users. Apologies for the slight delay.


Title: Re: [ANN] SWAPPER.IO - Legally defer taxes on your crypto profits! ITO: Dec 4th
Post by: OGteamcrypton on December 04, 2017, 03:29:17 PM
this looks 100% legal and totally legit for all US citizens


Hahahaha fuckin love this comment


Title: Re: [ANN] SWAPPER.IO - Legally defer taxes on your crypto profits! ITO: Dec 4th
Post by: freemind1 on December 04, 2017, 03:31:22 PM
Have a good concept in principle. I will be pending the development of the project during the next weeks to make a decision.


Title: Re: [ANN] SWAPPER.IO - Legally defer taxes on your crypto profits! ITO: Dec 4th
Post by: bribed on December 04, 2017, 06:32:27 PM
Do I understand correctly that this project is only aimed at US citizens? Only US citizens or people that are subject to taxation in the US are going to be able to use the platform am I right?


Title: Re: [ANN] SWAPPER.IO - Legally defer taxes on your crypto profits! ITO: Dec 4th
Post by: Swapper.io on December 04, 2017, 10:24:32 PM
Have a good concept in principle. I will be pending the development of the project during the next weeks to make a decision.

Thank you for your interest. We will work hard to convince you then!  :)

Do I understand correctly that this project is only aimed at US citizens? Only US citizens or people that are subject to taxation in the US are going to be able to use the platform am I right?

You are correct. The service will be for traders and investors who are subject to US tax law. However, anyone legally permitted to do so can purchase tokens in the ITO.

For the rest, an announcement:

Pursuant to US Law, Swapper is required to know its customers and prevent money laundering. We have partnered with Civic to ensure full compliance in that regard and ensure the integrity of our ITO. This was a last minute upgrade from our previous solution and is the cause of the delay.

The token sale will be live at 08:00 PM Eastern Time in the United States or UTC -5 worldwide.

https://swapper.io


Title: Re: [ANN] SWAPPER.IO - Legally defer taxes on your crypto profits! ITO: Dec 4th
Post by: Swapper.io on December 05, 2017, 03:23:51 AM
Swapper token sale is live! https://swapper.io/ito (https://swapper.io/ito)

You can use $BTC to buy and $ETH will follow soon. Soft cap is $250,000 USD, until reached $SWAP token is valued at $0.25 USD. Each SWAP token will be worth $1 USD on platform for ease of accounting.

We apologize for the delay, however, our last minute partnership with Civic will allow you to use their identity management app to sign up. This will help us comply with mandatory know your customer and anti-money laundering regulation. It will improve legitimacy and security for everyone involved. Thank you for your patience.

For anyone experiencing issues with Civic, we have set up the following website. Use the coupon and then fill the form to generate a bitcoin address.

Web: https://swapper.io/coupon (https://swapper.io/coupon)
Coupon: swapitospecial17



Title: Re: [ANN] SWAPPER.IO - Legally defer taxes on your crypto profits! ITO: Dec 4th
Post by: orionluckyse7en on December 05, 2017, 03:37:05 PM
Projects with such a concept could potentially attract cryptocurrency investors in general and in particular in the united states. Is there a possibility of this project to expand to other countries?


Title: Re: [ANN] SWAPPER.IO - Legally defer taxes on your crypto profits! ITO: Dec 4th
Post by: Swapper.io on December 05, 2017, 06:26:11 PM
Projects with such a concept could potentially attract cryptocurrency investors in general and in particular in the united states. Is there a possibility of this project to expand to other countries?

It certainly would be interesting. However it depends entirely on the possibilities each legal framework offers. For now people from from outside the U.S. can still purchase SWAP tokens and in that way participate in the project. Are you U.S. based? Just curious.


Title: Re: [ANN] SWAPPER.IO - Legally defer taxes on your crypto profits! ITO: Dec 4th
Post by: MrSpasybo on December 07, 2017, 08:40:06 AM
Vietnamese ANN: https://bitcointalk.org/index.php?topic=2539710.0


Title: Re: [ANN] SWAPPER.IO - Legally defer taxes on your crypto profits! ITO: Dec 4th
Post by: -Redacted- on December 07, 2017, 11:23:20 AM
interesting project. it seems to me it created under the requests of time. what about the bounty? :)


Title: Re: [ANN] SWAPPER.IO - Legally defer taxes on your crypto profits! ITO: Dec 4th
Post by: Arteezy.rtx on December 07, 2017, 11:42:36 AM
interesting project. it seems to me it created under the requests of time. what about the bounty? :)

Bounty campaign thread is live!

https://bitcointalk.org/index.php?topic=2481024.0


Title: Re: [ANN] SWAPPER.IO - Legally defer taxes on your crypto profits! ITO: Dec 4th
Post by: speaknow on December 22, 2017, 11:16:30 AM
hello.how much rised?


Title: Re: [ANN] SWAPPER.IO - Legally defer taxes on your crypto profits! ITO: Dec 4th
Post by: Blocks on December 24, 2017, 10:35:32 AM
Hello I purchased token with Eth via your site but yet to get any confirmation email ? is project active or dead , what about my investment pls ?

we dont see any update on any channel pls


Title: Re: [ANN] SWAPPER.IO - Legally defer taxes on your crypto profits! ITO: Dec 4th
Post by: Swapper.io on December 28, 2017, 11:24:40 PM
ANNOUNCEMENT:

First of all, we want to thank you for your efforts over the past three plus month as we tried to launch Swapper.io.

Unfortunately, the ICO did not go as any of us has had hoped. The passage of the new tax bill has ruled that only real estate will be applicable for Section 1031 Exchanges, which wipes out the primary purpose of Swapper. We have been busy with our legal team analyzing the possibility of continuing in one way or another but under the new law it is impossible, and we have been forced to close down our operations

We have decided to return all the Tokens issued through the ICO.

We will return the same value of Tokens that were purchased during the ITO and we will return that value in the same currency the purchaser used (ETH or BTC).

Our logic here is to return the same amount, USD based, as the SWAP tokens purchased.

We have paid legal, advertising and other administrative costs from our personal funds and will not get any reimbursement for those expenses. Our initial investments which currently well exceeds $15,000.00 will also be a loss for us to incur.

We appreciate the effort and the risk that was taken by everyone and hope we all have better results in our future endeavors.

Any questions can be directed to info@swapper.io. This thread will be locked in 48 hours.

Thank you,

Michael, Matthew and Marty

Swapper.io


Title: Re: [ANN] SWAPPER.IO - Legally defer taxes on your crypto profits! ITO: Dec 4th
Post by: uservalera on December 28, 2017, 11:28:50 PM
How you can upload picture on Bitcointalk? I tried but can't @@

you can not do it yet, since you have a very small rank on this forum, if I'm not mistaken.
can only lay out links to photos


Title: Re: [ANN] SWAPPER.IO - Legally defer taxes on your crypto profits! ITO: Dec 4th
Post by: TronQuix on December 28, 2017, 11:35:17 PM
this seems too easy.... but who knows.