Quiz for every one..

The Howey Test for Crypto Currencies.. Does it affect us?

Do your research and post on bitcointalk.. best answers will receive bounties..

Looking forward to receiving your answers!

Pocket Miner TM is Ours!



The initial country of origin filing for WIPO Trademark Protection for Pocket Miner (TM) has been done successfully!

In simple words the Pocket Miner trademark is ours, at least the first step for ensuring this has been completed! Now we are officially allowed to use the TM symbol along with the term Pocket Miner!

Cheers everyone!

We need to do individual countries trade mark protection filing now which we will do based on our planned sequence of launch in specific countries.

 

heybeablack, Yuriy has done a rounded corners version as suggested by you. See this..

...Continuation of An Idea to Use SWAT!

Check this screenshot from Yobit about the different options of ICO that are available.


From among the various options we choose the 100% Buy Wall option which does not have any pre-pay requirement. What is this buy-wall? If you see the last ICO on Yobit it was for TAXI which was on 21 Feb 2018 and used the 50% buy-wall option with a 0.25 BTC upfront payment requirement. A 50% buy wall means there will be a buy wall created at 50% of the the ICO price using the BTC collected from the ICO.  

This has lesser risk than the 100 % buy-wall option because in four days (that is time of lock in peroid for getting our ICO money) the is a very less probability that the price of the coin will drop below 50 % of the listing price. With the 100% buy-wall option the wall will be created at the actual ICO price and if the price drops below the listing price of the ICO the money collected during the ICO might get sold into and thereby reduce the BTC available to us after the four day lock in period!

We are targeting a price of USD 0.05 for the ICO, which works out to 519 Satoshi in BTC terms 0.00000519 BTC. During our initial discussions we had decided we will go for a BTC fork to get the participation of BTC holders and offer them an airdrop of the forked coin in the approximate ratio of 15:12 to get a good price for our coin. We dropped that and went on directly with the current idea. Now with this bold option we are choosing to go with let us offer 119 million SWAT for the ICO at a price of 569 SAT taking in to consideration the 10% fee we have to pay to Yobit post the ICO.

This works out to 119000000 x 0.00000569 = 677.11 BTC of which 67.711 BTC will be Yobit's fee. If everything goes well what we are left with is 609.399 BTC. This will take our project to a different level. We would have also raised our coin price to more than USD 0.05.

Already there are investors who wish to distribute our Pocket Miners in Russia, Nigeria, Vietnam, the US, Italy, Malaysia, Korea and India. We can ramp up production of our Pocket Miners, advance our release dates and take our coin to a much higher level much sooner than the earlier landmark dates.

In case the the ICO doesn't succeed Yobit will burn the coins and we just lose the cost of having developed the SWAT version of the coin. I don't think this will happen. We should take this risk with our SWAT coin is my stron belief. The success of the ICO depends on two thing. One is Yobit accepting our application for ICO and the second investors not selling our coin below ICO price. Since the investors on Yobit are looking for good ICO's an if Yobit accepts this it will be the biggest ICO on Yobit till now with a good fees of 67.711 BTC fees, there is a strong possibility of Yobit accepting this ICO. We can offer good discounts during of pre-booking of Pocket Miners for investors who buy more than 10000 SWAT during the ICO and hold it till September 2018 to motivate investors not to sell SWAT after the ICO!

Looking forward to receiving your feedbakc and suggestions! I am sure every one in our community has the courageous to take a bit of risk to achieve greater things soon!

Cheers Everyone!

An Idea to Use SWAT! (Long Post Warning!)

The SWAT discussion is going on!  And there are several who like the symbol/ticker SWAT on the one side an on the other side we have the objection raised by ponomarevolegmsk yesterday saying it is the abbreviation for a police force and should not be used. Oleg (ponomarevolegmsk) being the legal and financial expert that he is, obviously has the justification to be concerned about the possibility of potential legal complications we might face in the future if we use SWAT as the ticker for our coin and we respect his views!

On the other hand there have been suggestions varying from retaining it till June 15th to not just liking it and using it but to even take the design of the coin from the actual swat coins (challenge coins given as awards and sold as replicas) themselves! See this image and suggestion below!


There are different opinions and suggestions and many seem to like the idea of SWAT.

In plain English the dictionary meaning of swat is "hit something with a flat object" and as per my response in one post, swat means..  how we plan to hit our competition down flat with our Pocket Miner! So swat in plain English is a good representation of that idea! In many parts of the world people are not aware that swat is also an acronym for a police force in the first place!

Meanwhile Yuriy has already come up with this and many other designs based on the SWAT theme!


This is an idea of how we will use SWAT. Looking forward to responses from every one!

When we get our blockchain ready along with the wallet and the new coin let us take a bit of risk with the the SWAT named coin to generate some additional funds for the project. The spirit of Entrepreneurship is based on our ability to take risk, without which we will never ever be able to succeed in life and in this fiercely competitive world of ours. The beauty of our project is that each one of us is a true entrepreneur in his own right though the quantum of risk taken by each one of us is different!

While we take this risk it also gives us an important opportunity simultaneously to take the coin to the valuations of USD 0.05 we are aiming to achieve in the months of July, August & September 2018. If our effort succeeds and we achieve our goals of generating sufficient amount of funds to take the project to the next level and raise our coin valuations to USD 0.05, we will see if it is worthwhile to retain the coin with the same name SWAT by facing any leagal hurdle that crops up if and when it does. If in the unlikely event that it doesn't succeed we will drop the name SWAT and develop another version of our coin with another name such as SWTX!

There is an option on the Yobit exchange to apply for an ICO without any upfront fees for any new coin that is not listed else where! The moment i use the name Yobit I am totally aware that there will be a lot of objections! Like how ponomarevolegmsk was passionately against the name SWAT, I know there are many of our Korean Investors who are against the idea of ever listing our coin on Yobit!

That is the beauty of our project. We take the suggestions and opinions and different points of view of various members of our community and ultimately decide in favour of anything which will help and benefit our project this mission of ours!

So to our investors who feel passionately against Yobit i wish to say, it was entirely due to Yobit Codes that our pre-sale was a complete and great success and we have also come together as a strong group that we are now! So Yobit has been good for us! Now for more details about this ICO listing.

Post has become too long! See the next post for the continuation!

An Idea to Use SWAT! (Long Post Warning!)

The SWAT discussion is going on!  And there are several who like the symbol/ticker SWAT on the one side an on the other side we have the objection raised by ponomarevolegmsk yesterday saying it is the abbreviation for a police force and should not be used. Oleg (ponomarevolegmsk) being the legal and financial expert that he is, obviously has the justification to be concerned about the possibility of potential legal complications we might face in the future if we use SWAT as the ticker for our coin and we respect his views!

On the other hand there have been suggestions varying from retaining it till June 15th to not just liking it and using it but to even take the design of the coin from the actual swat coins (challenge coins given as awards and sold as replicas) themselves! See this image and suggestion below!


There are different opinions and suggestions and many seem to like the idea of SWAT.

In plain English the dictionary meaning of swat is "hit something with a flat object" and as per my response in one post, swat means..  how we plan to hit our competition down flat with our Pocket Miner! So swat in plain English is a good representation of that idea! In many parts of the world people are not aware that swat is also an acronym for a police force in the first place!

Meanwhile Yuriy has already come up with this and many other designs based on the SWAT theme!


This is an idea of how we will use SWAT. Looking forward to responses from every one!

When we get our blockchain ready along with the wallet and the new coin let us take a bit of risk with the the SWAT named coin to generate some additional funds for the project. The spirit of Entrepreneurship is based on our ability to take risk, without which we will never ever be able to succeed in life and in this fiercely competitive world of ours. The beauty of our project is that each one of us is a true entrepreneur in his own right though the quantum of risk taken by each one of us is different!

While we take this risk it also gives us an important opportunity simultaneously to take the coin to the valuations of USD 0.05 we are aiming to achieve in the months of July, August & September 2018. If our effort succeeds and we achieve our goals of generating sufficient amount of funds to take the project to the next level and raise our coin valuations to USD 0.05, we will see if it is worthwhile to retain the coin with the same name SWAT by facing any leagal hurdle that crops up if and when it does. If in the unlikely event that it doesn't succeed we will drop the name SWAT and develop another version of our coin with another name such as SWTX!

There is an option on the Yobit exchange to apply for an ICO without any upfront fees for any new coin that is not listed else where! The moment i use the name Yobit I am totally aware that there will be a lot of objections! Like how ponomarevolegmsk was passionately against the name SWAT, I know there are many of our Korean Investors who are against the idea of ever listing our coin on Yobit!

That is the beauty of our project. We take the suggestions and opinions and different points of view of various members of our community and ultimately decide in favour of anything which will help and benefit our project this mission of ours!

So to our investors who feel passionately against Yobit i wish to say, it was entirely due to Yobit Codes that our pre-sale was a complete and great success and we have also come together as a strong group that we are now! So Yobit has been good for us! Now for more details about this ICO listing.

Post has become too long! See the next post for the continuation!

A Poster Design for our Coin and Pocket Miner launch by our D & M Team member Johnny.



The same in a Youtube video

https://www.youtube.com/watch?v=46lSpK1uNG4&feature=youtu.be

also done by him.

Appreciate his efforts.

Two different versions of the Pocket Miner!



Both are getting good feed back from various members!

One can be the Octa Core Version and the other the Deca Core Version!

The entry level one can be a smaller Hexa Core version!

Nice Design of the Pocket Miner!



Looks good!

pwrproperty, very good. I appreciate what you are doing. Will join the group and chat with every one some time. Meanwhile you keep doing the good job you have been doing. You deserve a bounty. Will make an announcement about bounties in the new bitcointalk thread soon. As per the announcement will send you the bounty. Send a mail to admin@swtcoin.network

Thanks! Appreciate your post about Bitcoin price trend and how it impacts other Altcoins. It is good to keep investors updated about what is going on in the world of Crypto Currencies.

Corrected this now.

As part of the process of shifting to SWTCoin I have also created a new bitcointalk announcement page for SWTCoin.

https://bitcointalk.org/index.php?topic=3308625

Slowly we have to shift all our discussions to this page.

Our Twitter handle is already changed

https://twitter.com/swtcoin

I have created a new page on facebook too.

https://fb.me/SWTCoinNetwork

New Eamil ID: admin@swtcoin.network

(The old one will keep working too till we change completely)

Reddit

https://www.reddit.com/user/SWTCoin/

HitBTC wants a well used reddit community for listing our coin on it. So start posting and commenting on it too.

Attention Investors!

There are many investors who keep sending Yobit Codes for USD, TOKEN and other currencies even now. I keep mailing them the same thing. See the message below.

Now the only way to buy SWTC is from the SWTC/WAVES Market on the WAVES Platform from Investors who have already bought SWTC during the Pre-Sale. If you wish to exit from any coin, you have to sell it and convert to WAVES and transfer it to your WAVES Wallet and use it to buy SWTC. Please do not send Yobit Codes now for buying SWTC.
Appreciate your interest in SWTC!

Thanks!

Thanks freecoin1! I got all the links working just now! Even the old url will lead to our new domain now and will do so for some time. Will try to send email to all investors about the change of domain. I have also created a new mail id: admin@swtcoin.network but I am using the old one as of now. Will mail you about you taking your help!

ponomarevolegmsk, I have made the redirect work now. As mentioned by you in the post now http://swaptoken.network will redirect to http://swtcoin.network We will keep it this way for some time.

I have also made http://swtc.network to redirect to http://swtcoin.network

nelovko73, you are right, there should not be any confusion with this other SWTC by Jingtum Tech.

So it is better to go with swtcoin.network

freecoin1 and casinista86 I agree that a short name is more appealing. But since as mentioned by nelovko73 it is possible people will confuse with SWTC by Jingtum Tech.

ponomarevolegmsk I am glad you like swtcoin in preference to swtc. You have also suggested swtcoin.io

I feel the .network domain has been good for us! Things have been moving quite fast and good things are happening with the project!
trx having a 2 billion dollar market cap has a .network domain (tron.network)!

Our first target is to reach the same milestone of 2 billion market cap soon! Let us go with swtcoin.network work together and reach this first target as soon as possible. I will keep swtcoin.network as the primary domain and swtc.network as a redirect url. So as I reset the domain there may be some down time for the website. Please bear with it.