mkmdoc, The revenue will come for our SWAT Coin Project not SWATX.. Revenue from three different revenue streams of the project namely, Ad Revenue, Device and APP Sales Revenue and Content Delivery Revenue and this is shared with individual users through a Lean Mining Android Application SWATMINER APK or our Mining Device the Pocket Miner.

Bounty Offer on the Happy Ocassion of SWAT Listing on CoinLim. For all new users who buy some SWAT on Coinlim, join Coinlim Official Telegram Group https://t.me/coinlim_cn and post screenshot of SWAT balance, 1000 SWAT Bounty. Only for the first 1000 Users 1000 x1000 SWAT 1 million SWAT on offer. Claim the bounty by sending the details to me in PM or by sending details to admin@swatcoin.network with screenshots. Happy Bounty Hunting! We welcome all new investors to the SWAT Coin Project!

Bounty Offer on the Happy Ocassion of SWAT Listing on CoinLim. For all new users who buy some SWAT on Coinlim, join Coinlim Official Telegram Group and post screenshot of SWAT balance, 1000 SWAT Bounty. Only for the first 1000 Users 1000 x1000 SWAT 1 million SWAT on offer. Claim the bounty by sending the details to me in PM or by sending details to admin@swatcoin.network with screenshots. Happy Bounty Hunting! We welcome all new investors to the SWAT Coin Project!

You are right.. Revenue is only from listing fees.. It is more linked to USD.. Currently the fees is 300 USD worth of SWAT (1 million SWAT). In future after the promotion period is over we will fix it at around 600 USD worth of SWAT (2 million SWAT).

SWAT Coin Project has different revenue streams.

SWATX is more like a service to the SWAT Coin Community.

By bringing good projects to SWATX we hope to bring more investors to SWAT and in turn offer more investment opportunities to the SWAT Coin Community.

Work started now on integrating chat box into SWATX.. Will post update regarding this soon..

New Projects/Tokens are welcome to list on the Exchange. Same Zero Maker and Taker Fees that are in place for SWAT/ETH trading will apply for new projects too.

Pay your listing Fees in SWAT: For the First Few Projects - Listing Fee = 1 million SWAT (Approximately 1 ETH worth of SWAT)

SWAT can be purchased from the following exchanges: FatBTC, EtherFlyer, P2PB2B and SWATX. From July 11th also on Coinlim

Contact admin@swatx.net for Further Instructions and Suggestions.

Discussions about SWATX on the Altcoin Announcments thread can be seen here.

https://bitcointalk.org/index.php?topic=5156274.new#new

Thanks for your suggestion and for pointing this out.. Will move over there.

A word of Advice to SWAT Miners Mining with Multiple Devices: With Rising interest in Mining SWAT as seen among our Indonesian investors yesterday and Since several SWAT investors are already mining with multiple devices now, the need for this post and is addressed specifically to those who are mining with multiple devices. Today the mining rate is 7488 SWAT per day (24 hours) and the price is approximately 0.000174 USD.. So if you take the value of mined SWAT 7488 x 0.000174 = 1.30 USD.. Last week when the price of ETH was at 340 to 350 USD the amount of SWAT mined per day was at 5200 SWAT per day But at that time the price of SWAT was between 0.0002 to 0.00027 So 5200 x 0.00025 = 1.3 USD.. But if you had not sold the ETH and converted to USD last week and kept it as ETH and continued into this week.. Today the 5200 SWAT which you mined per day last week x 0.00017 USD Price, will give you only 0.88 USD average for the SWAT mined through last week.. And from that if you deduct the transfer fees and exchange rate loss in converting FAT to ETH you might have arrived at an average value of 0.7 for last week. The system will keep adjusting the mined SWAT to exactly give a return of between 1 USD to 1.5 USD and mostly around 1.3 USD per day.  Suppose the reverse had happened.. Last week if the price of ETH had been 250 USD.. And let us say you were mining 8500 SWAT per day.. and you had not sold the ETH.. and if today if ETH prices are at 350 You would have got more that 2 USD average for your SWAT mined last week... Through out the last month the price of ETH was increasing. So miners would have got more than 2 USD average price for the SWAT mined. So the System will always be correct and keep adjusting mined values to give constant returns. The return what you get will be always based on how you sell and exchange your FAT for ETH and ETH for USD.. Also now many traders are trying to do arbitrage between SWATX, EtherFlyer and FatBTC.. Investors and miners should be careful of that.. So many will put a buy order for 0.00013 to 0.00015 on SWATX.. And if you sell to them in a hurry without checking the exact price you are getting, they will buy the SWAT from you at this low price and will sell it on FatBTC for 0.000175 and make profit from the difference in price. So it is better not to sell in a hurry and check the difference in buy and sell prices in these three exchanges and then sell at correct price. So sometimes it is better to put a sell order and wait for the order to go through than selling to buy orders. The system when it is slow, some times when the mining screen shows bigger value than the minting value since the minting has been held up for 2 or 3 hours, will do multiple transfers in a short period of time to clear the backlog. So at times it may look like it has missed a transfer. But it will not.. If the mining rate for today is 7488 and if you mine correctly 24 hours without any interruption in your internet connection then you will surely get the 7488 SWAT credited to your Wallet in 24 hours.. If the internet connection is lost for 1 hour the mining screen may look like it is mining but that one hour mining value will be lost because the Mining Device has not been able to connect to the server for 1 hour.. In the next few months when there are many buy orders and additionally from July 11th we are also going to be on a new Exchange Coinlim this arbitraging differences between different exchanges will slowly disappear. As volumes go up you will steadily get an average of 1.3 USD per day. But if you hold all the ETH in your wallet and suddenly ETH value drops from around 300 USD today to 200 USD in the next couple of days then the exchange loss will be 33% So the next week you might think you have got only 0.66 USD per day as an average. But that is not true.
So if you want to protect against the risk of dropping ETH prices you have to maintain your reserves as USD in a trusted exchange which has got USD as a Trading pair. Let us assume you have 3 ETH at the end of this Week from mining operations it is better for you to convert the 3 ETH to 900 USD and store it as USD.. That way if ETH falls next week you will not have any problem. This process is called as "Hedging" in the world of big time Finance Managers! I am glad our SWAT miners are slowly getting to that level!

A word of Advice to SWAT Miners Mining with Multiple Devices: With Rising interest in Mining SWAT as seen among our Indonesian investors yesterday and Since several SWAT investors are already mining with multiple devices now, the need for this post and is addressed specifically to those who are mining with multiple devices. Today the mining rate is 7488 SWAT per day (24 hours) and the price is approximately 0.000174 USD.. So if you take the value of mined SWAT 7488 x 0.000174 = 1.30 USD.. Last week when the price of ETH was at 340 to 350 USD the amount of SWAT mined per day was at 5200 SWAT per day But at that time the price of SWAT was between 0.0002 to 0.00027 So 5200 x 0.00025 = 1.3 USD.. But if you had not sold the ETH and converted to USD last week and kept it as ETH and continued into this week.. Today the 5200 SWAT which you mined per day last week x 0.00017 USD Price, will give you only 0.88 USD average for the SWAT mined through last week.. And from that if you deduct the transfer fees and exchange rate loss in converting FAT to ETH you might have arrived at an average value of 0.7 for last week. The system will keep adjusting the mined SWAT to exactly give a return of between 1 USD to 1.5 USD and mostly around 1.3 USD per day.  Suppose the reverse had happened.. Last week if the price of ETH had been 250 USD.. And let us say you were mining 8500 SWAT per day.. and you had not sold the ETH.. and if today if ETH prices are at 350 You would have got more that 2 USD average for your SWAT mined last week... Through out the last month the price of ETH was increasing. So miners would have got more than 2 USD average price for the SWAT mined. So the System will always be correct and keep adjusting mined values to give constant returns. The return what you get will be always based on how you sell and exchange your FAT for ETH and ETH for USD.. Also now many traders are trying to do arbitrage between SWATX, EtherFlyer and FatBTC.. Investors and miners should be careful of that.. So many will put a buy order for 0.00013 to 0.00015 on SWATX.. And if you sell to them in a hurry without checking the exact price you are getting, they will buy the SWAT from you at this low price and will sell it on FatBTC for 0.000175 and make profit from the difference in price. So it is better not to sell in a hurry and check the difference in buy and sell prices in these three exchanges and then sell at correct price. So sometimes it is better to put a sell order and wait for the order to go through than selling to buy orders. The system when it is slow, some times when the mining screen shows bigger value than the minting value since the minting has been held up for 2 or 3 hours, will do multiple transfers in a short period of time to clear the backlog. So at times it may look like it has missed a transfer. But it will not.. If the mining rate for today is 7488 and if you mine correctly 24 hours without any interruption in your internet connection then you will surely get the 7488 SWAT credited to your Wallet in 24 hours.. If the internet connection is lost for 1 hour the mining screen may look like it is mining but that one hour mining value will be lost because the Mining Device has not been able to connect to the server for 1 hour.. In the next few months when there are many buy orders and additionally from July 11th we are also going to be on a new Exchange Coinlim this arbitraging differences between different exchanges will slowly disappear. As volumes go up you will steadily get an average of 1.3 USD per day. But if you hold all the ETH in your wallet and suddenly ETH value drops from around 300 USD today to 200 USD in the next couple of days then the exchange loss will be 33% So the next week you might think you have got only 0.66 USD per day as an average. But that is not true.
So if you want to protect against the risk of dropping ETH prices you have to maintain your reserves as USD in a trusted exchange which has got USD as a Trading pair. Let us assume you have 3 ETH at the end of this Week from mining operations it is better for you to convert the 3 ETH to 900 USD and store it as USD.. That way if ETH falls next week you will not have any problem. This process is called as "Hedging" in the world of big time Finance Managers! I am glad our SWAT miners are slowly getting to that level!

SWATX Withdrawal Instructions: While withdrawing or transferring ETH after selling on SWATX.. Try with slightly lesser amount than the actual balance.. Suppose you choose 16 as gas fees the Exchange will set aside 0.004 ETH as the maximum possible fees for the transaction.. The eventual fees after the transaction goes through, might me much lower but since the exchange does not know the exact fees it will set aside a particular amount (Gas fees at 4 means 0.001 ETH set aside) for gas based on the gas fees chosen by you.. It is the same case with Metamask and other wallets too. In Metamask now they give you an option of choosing slow, average and fast transaction confirmation.. with different GAS fees associated with these options.. So the wallet will set aside some amount of ETH for this though finally the actual value will be surely lower than this.. There is another option.. If you are using Metamask, You can import the Wallet address on SWATX to your Metamsk Wallet by using the private Key.. If you do that then once the ETH has reached your Wallet there is no need to transfer it to another address.. You can use this wallet created by SWATX for your right from Metamask, like any of your Metamask regular wallet Addresses!

New Projects/Tokens are welcome to list on the Exchange. Same Zero Maker and Taker Fees that are in place for SWAT/ETH trading will apply for new projects too.

Pay your listing Fees in SWAT: For the First Few Projects - Listing Fee = 1 million SWAT (Approximately 1 ETH worth of SWAT)

SWAT can be purchased from the following exchanges: FatBTC, EtherFlyer, P2PB2B and SWATX. From July 11th also on Coinlim

Contact admin@swatx.net for Further Instructions and Suggestions.

Discussions about SWATX on the Altcoin Announcments thread can be seen here.

https://bitcointalk.org/index.php?topic=5156274.new#new

One profitable coin to mine! Here is the proof! SWAT Mining Farm owned by @antarmontar D & M Member of the project in Iran.. With Earnings of more than 2400 USD last month using lean mining Android APP! Cost of electricity and Internet Data per month just 40 USD!

https://bitcointalk.org/index.php?topic=5128167.msg51558917#msg51558917

Minting transactions of mined SWAT transferred to mining addresses live can be seen here..

https://etherscan.io/token/0xc0f1728d9513efc316d0e93a0758c992f88b0809

*Future of Block Chain Technology:* There are several predictions about how Block Chain technology will evolve in the next 10 years and in turn shape and affect the lives of human beings in the future. Among those I have given below a set of predictions mostly based on those made by Kate Mitselmakher, CEO, Founder and General Partner of Bloccelerate, which seem to have the highest level of probability of coming true in the future.
*Evolution of Government Crypto*
In ten years most governments around the world will create or adopt some form of virtual currency.
*More Trillion-Dollar Protocols*
Next ten years will see the creation of more trillion-dollar tokens than trillion-dollar companies.
*Blockchain Identity for Everyone and Everything*
By 2030, a cross-border, blockchain-based, identity standard will emerge for individuals like a digital passport, as well as for physical and virtual assets.
*Global Trade Powered by Blockchain*
Over the next decade most of world trade will be powered by by and conducted through the leveraging of blockchain technology.
*Financial Inclusion and Poverty Eradication through Blockchain Technology*
Over the next ten years significant improvements in the world’s standard of living can be achieved through the development of blockchain technology. Poverty and income discrepancy are the most difficult problems facing human beings. It needs tremendous compassion and strong political will among Global Leaders to overcome this seemingly insurmountable problem. Close to 1 billion (1000 million) people, live on less than $2 a day. More than 2 billion people don't have access to proper banking and financial services. Though the overall living standards keep increasing on the one side and world’s GDP is on the rise, the truth is rich get richer and the poor get poorer. Blockchain technology has the potential to shrink the poverty gap through Financial Inclusion and Easy Access to Block Chain Technologies through simple, easily accessible and most importantly affordable yet powerful technology.. This is where we as the SWAT Coin project intend to play a role and hopefully make an impact in the lives of millions of people in the future over the next 10 years. Hope is the biggest driving force in this world and it is great that we the SWAT Coin Community have it in abundance. It is our duty as the privileged section of human society to give hope to those fellow human beings who are forced live their entire lifetime in hopelessness and despair.  I have changed the Background image of our website to reflect the concept of the future potential of blockchain technology.. See attached screenshot..

*Future of Block Chain Technology:* There are several predictions about how Block Chain technology will evolve in the next 10 years and in turn shape and affect the lives of human beings in the future. Among those I have given below a set of predictions mostly based on those made by Kate Mitselmakher, CEO, Founder and General Partner of Bloccelerate, which seem to have the highest level of probability of coming true in the future.
*Evolution of Government Crypto*
In ten years most governments around the world will create or adopt some form of virtual currency.
*More Trillion-Dollar Protocols*
Next ten years will see the creation of more trillion-dollar tokens than trillion-dollar companies.
*Blockchain Identity for Everyone and Everything*
By 2030, a cross-border, blockchain-based, identity standard will emerge for individuals like a digital passport, as well as for physical and virtual assets.
*Global Trade Powered by Blockchain*
Over the next decade most of world trade will be powered by by and conducted through the leveraging of blockchain technology.
*Financial Inclusion and Poverty Eradication through Blockchain Technology*
Over the next ten years significant improvements in the world’s standard of living can be achieved through the development of blockchain technology. Poverty and income discrepancy are the most difficult problems facing human beings. It needs tremendous compassion and strong political will among Global Leaders to overcome this seemingly insurmountable problem. Close to 1 billion (1000 million) people, live on less than $2 a day. More than 2 billion people don't have access to proper banking and financial services. Though the overall living standards keep increasing on the one side and world’s GDP is on the rise, the truth is rich get richer and the poor get poorer. Blockchain technology has the potential to shrink the poverty gap through Financial Inclusion and Easy Access to Block Chain Technologies through simple, easily accessible and most importantly affordable yet powerful technology.. This is where we as the SWAT Coin project intend to play a role and hopefully make an impact in the lives of millions of people in the future over the next 10 years. Hope is the biggest driving force in this world and it is great that we the SWAT Coin Community have it in abundance. It is our duty as the privileged section of human society to give hope to those fellow human beings who are forced live their entire lifetime in hopelessness and despair.  I have changed the Background image of our website to reflect the concept of the future potential of blockchain technology.. See attached screenshot..

*In Spite of Slow ETH Network, Fluctuating ETH and Gas Prices and How our Mining Algorithm will Maintain Profitability of our Miners:*

The amount mined per day will adjust itself to the price of SWAT in the market.  And the same way even if the ETH network is slow, which is not in our control, the amount minted from the mining device to your address will also get adjusted and be done at a rapid rate. Though the minting normally takes place every 10 to 15 minutes when there is a delay due to the slow ETH network once the congestion is cleared the pending amount will get minted in a very short period of time. So both the quantity mined and the price of 1 to 1.5 USD will keep getting adjusted as per the algorithm.. The problem with FatBTC is the price of FAT to ETH keeps falling as the ETH price increases. So the 10 % lower prices on the days when the price fluctuates a lot is possible. That is why I have been motivating people to move to SWATX and EtherFlyer.. Here since you can trade directly to ETH the loss will not occur. Miners can wait one day if the price is lower and sell the next day.. That way you can sell without any loss. Fluctuating ETH prices and the slow network is not under our control.. But our mining algorithm will ensure that you get more SWAT when the price goes down and will complete the minting of all pending amounts to your wallet as soon as the congestion in the network clears without waiting for the actual minting cycle. (edited)

You can see after the 3 and a half hour delay how the algorithm catches up with the minting by executing multiple minting transactions to clear the backlog here..

https://etherscan.io/address/0x47c803871c99ec7180e50dcda989320871fcbfee

*Good news from Russia Again!* Our long term supporter and investor from Russia @Zedrat has purchased SWATMINER APP again from our swatminer.app website today! Authorized IMEI number and activated his device just now. Last time around 10 days back when he bought the APP and tried to mine he ran into some problems. Hope this time around the problem does not occur and he is able to mine without any issues! Thanks @Zedrat for your continued support to our project! I hope your successful mining experience will bring a fresh burst of investments and mining interest from the Russian Region to the SWAT Coin Project.. Along with Korea, Russia had been a major investing Nation in our project in the early days. There were several posts in Russian along with the English posts during the early stages of our development on bitcointalk.. Of late there has been some revival of interest from Russian investors as seen during our recent Airdrop program. I hope this will be a turning point and will hopefully lead to a surge of new investments and SWATMINER Purchases from Russia!

We have acquired more than 700 users to our SWATX Telegram group as a result of our recent airdrop!

Weekend Offer! For those who are buying  minimum 20000  SWAT (3.6 USD Value) on SWATX 20% bonus from me.. Buy, withdraw to your wallet and show both transactions  on etherscan to me by sending mail to admin@swatcoin.network.. Offer only to first 10 new users.. Use gas price of 20 and above for instant confirmations..

*_Great News for the Weekend!_* @antarmontar our D & M Member and Country Manager Iran has purchased/sold 13 more SWATMINER APPs today. He has paid in advance for 8 of these already and will make payment for the balance 5 soon! At the rate Ehsan is selling/buying SWATMINER APPs Iran will be the leading market in making our project's vision, purpose and mission a reality. Other geographical locations and markets should be following in the same manner soon! Well done Ehsan! Excellent Job! Keep it going in the same pace and manner!

Looks like the issue is resolved now.. https://etherscan.io/token/0xc0f1728d9513efc316d0e93a0758c992f88b0809 Yet I will keep a close watch over this to see the ensuing minting transactions go through smoothly without getting stuck! It is time for our own block chain I guess!

*Mining Process Update:* Due to high gas prices and slow confirmations on the ETH network our minting operations are being delayed for the past few hours. I am in the process of rectifying this by sending higher gas priced transactions to the contract with higher nonce values. Hoping to get this rectified in the next half an hour. Apologize for the inconvenience caused!