Hello Cristian, The market price will be decided by the demand for SWAT.. The name of the exchange will be SWATX.

When more new projects want to list on SWATX the demand for SWAT will increase because the listing fees will have to be paid in SWAT. And SWAT has to be bought from the exchanges, from existing SWAT investors and holders. Hence the price of SWAT increasing is the possibility on which the comparison to Binance was done. Binance used a similar strategy during early days to increase demand for its own token/coin BNB.

*Project Update:* Started work on our own exchange SWATX which will be a decentralized exchange (DEX) like ForkDelta, Waves DEX etc.,.. Expect to be able to launch it by the end of this month.. Apart from SWAT and other key crypto currencies, i am planning to list new projects and other crypto currencies through exclusive SWAT Payments for listing. SWAT required for making Listing Payment has to be bought directly from the exchanges. This will increase the requirement for SWAT purchase and as the exchange becomes more popular there will be a constant demand for SWAT. This was the model followed by Binance partially during their early days. Hence  Binance's coin BNB is the 7th ranked coin overall now on Coinmarketcap. I am sure all our efforts will help SWAT move to the top 20 to 50 ranking by next year!

*Mining Process Update:* During the past two days the gas price associated with our minting process and in general ETH transactions has gone up *tenfold* which makes ETH mining 10 times more profitable than earlier and hence the sudden increase in ETH prices! Till we get a more stable and lower gas price level, we have made some adjustments to our minting time cycle and the minting amount per once value. Minting Time Cycle is 120 minutes (Minting will happen once in 2 hours) and the minting amount per once is 1567 SWAT.. We will monitor Gas prices for a few days and optimally adjust these values accordingly. Thanks for your support!

From Slack:

SWATCoin [9:58 PM]
Coinsbit a top 50 Exchange has sent us a special listing offer.. I have responded to them asking for details..
Coinsbit Offer.JPG



SWAThodler [11:28 PM]
It's a good thing that many top exchanges are seeing the potential of this project and are requesting we list with them. It's organically a proven evidence that SWAT will be a globally recognized crypto
Let us continue to work in the development and specs of this project and let the crypto world to use their own criteria to judge us
@SWATComfortZone my only brother here, I can't deny your immense contribution to the growth and success of this project. You have truly single handedly brought Nigeria to limelight with your efforts. Thanks and best regards bro.

SWATCoin [7:55 AM]
@SWAThodler Well said Tony!
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We just have to keep doing the good work without being worried about the results and without ever being daunted by the challenges that keep getting thrown up at us! We are sure to get good results soon and get the widespread recognition that we truly deserve! This is 100% true for everything in life not just our project!
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SWATCoin [8:31 AM]
This is the poster designed by Yuriy and Catherine for the research based listing provided by Neironix for SWAT.. Check it out!
SWAT_NEIRONIX_DIGEST.jpg

From Slack:

SWATCoin [10:42 PM]
ETH Network was slow for some time due to increasing and fluctuating ETH prices. Gas prices were getting adjusted in tune with the changing ETH prices.
That is why the minting was delayed for some time during the last couple of hours. I guess it is resolved now and mining is back to normal.

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SWATCoin [10:48 PM]
Some good news.. Shipping of 4 PM UNI was completed today. Since I am travelling and not in my home town the Pocket Miners had to be shipped to the FedEX Regional office through a local parcel service from the western part of the state where I am presently in. this has been completed now. AWB bill will be generated later tonight or tomorrow morning. Will send it to @SWATComfortZone tomorrow.
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Have sold one Pocket Miner UNI here because of the recent meetings now. I am hoping to sell our first PM MYFIE in the next few days and one more APP in the next couple of days! These are trial purchases. I am expecting more to come soon!
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Had a meeting with the Placement and Guidance Counselors of my former college today and explained about our project and product to the team. The meeting went on well and as a result I am expecting to get student groups and individual students to look at SWAT mining as a support system and as an entrepreneurial opportunity soon.
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@antarmontar, Thanks for your message of support.

We can't blame the exchange totally. Investors also have to cooperate and exchange the coins when announced by us.

Some genuine investors who had sent the details of the purchase of the old SWAT have been helped by us. Though we have not given them 1:1 exchange. But I have given some new SWAT as compensation to help them. But it is important that we get the details of the purchase made by them.

Once again thanks for your support!

Great News on Mothers Day! Our Ad Revenue with restricted ad delivery of just 2 ADS per hour has started increasing! We have made more than 16 USD from 5th May to 12th May 2019.. If we increase the number of Ads delivered to 2 Ads every 15 minutes the potential is to make 64 USD per 7 days which works out to 9 USD per day with an average of 70 to 80 miners mining consistently. If this increases to 700 to 800 miners mining on an average then we will be making 90 USD per day.. This is just with one Ad Network.. At 10000 level our ad revenue will cross 1000 USD per day! All our projections are coming true! See attached screenshot of AdMOB report..

*Why Bitcoin Prices have moved higher to 6500 to 6800 USD Range?* The leading manufacturer of Bitcoin Miners Bittmain has sold out its entire product line of its recent launches on a pre-booking basis.. Miners ranging from 40 TH/S to 56 TH/S (Terra Hash Per Second) https://shop.bitmain.com/?lang=en.. Shipping is expected between 21st May to 31st May... https://shop.bitmain.com/product/detail?pid=00020190507093351875y8Ug1Y7w06A6 The price range of these products are in the range of 1268 USD to 1992 USD without the, Power Cable, Shipping and Import duty cost.. (Impost duty to the USD is 27.6 %).. The lowest range of these Bitcoin Miners will be profitable only if the price of BTC remains above 6500 USD.. If the additional costs are taken into account the price range goes up to 2100 USD to 3000 USD.. So from the time Bitmain has launched the new series of miners it has been buying BTC.. People may wonder whether a single company can manipulate BTC prices.. Bitmain's numbers are huge.. The estimated revenue of Bitmain in 2018 is 2.68 Billion USD.. They also have a cost of 1.47 billion and bulk of it is not clearly accounted for.. Meaning this unaccounted for money is used to buy BTC to manipulate its prices to make the miners it makes profitable! See this article about Bitmain's numbers https://www.coindesk.com/bitmain-by-the-numbers-an-inside-look-at-a-bitcoin-mining-empire  But what will happen when all these high performance miners start mining in the beginning of June and the newly mined BTC hits the exchanges during the first couple of weeks of June? It is anybody's guess.. But according to some analysts BTC prices can drop below 4800 in the coming weeks based on Technical Analysis which is a financial analytical term used to analyse stock prices based on chart trends! See this article.. https://www.newsbtc.com/2019/05/10/heres-why-bitcoin-price-drop-below-4800/  If you sift through the technical and financial jargon the article says that BTC can fall to 4800 in the coming weeks! This is an amazingly compelling coincidence with my own analysis above!

*In What Way We are Different from Bitcoin?* If BTC prices fall with increase in sales of Mining Equipment should the same be true for SWAT? Will the prices fall if more SWATMINERS and Pocket Miners are sold? This is te clever question in the minds of some of our investors! The firm and final answer for this is.. No the price will not fall. This same question can be asked a 1000 times in the future. But the answer will remain the same.. Since our project has three different revenue streams this logic does not hold good for our project.. When we reach an optimal level of around 2000 SWATMINERs/Pocket Miners our ad revenue supplemented by our content delivery revenue alone will be sufficient to give the steady return of 1 to 1.5 USD revenue to our mining investors.. 40% of sales revenue plus 40% of Ad Revenue plus 40% of Content Delivery revenue, none of which is available to the Bitcoin Project or for any other crypto currency project.. is alone sufficient to consistently take SWAT prices higher as discussed in the 4 to 5 routes to higher SWAT Prices post.. In addition to this comes the additional induction effect of other bigger investors buying SWAT to get short and long-term returns will ensure that the more SWATMINER APPs and Pocket Miners we sell the higher the price of SWAT without an iota of doubt! And higher the price of SWAT the lower and lower the amount of SWAT Mined per day resulting in reduced inflation..

In spite of increased circulation of approximately 86 million SWAT which includes the 25 million Airdrop we gave to get listed on FatBTC and the approximately 61 million mined SWAT, starting from the time the mining process began, we have remained solidly stable with some modest gains over the past few months.. The price of SWAT which was around 10000 SWAT for 1 USD at the start of the current mining process, has now increased to  1 USD for 5000 to 6000 SWAT.. This is in spite of the fact that currently we don't have the supplementary income from our Ad Network and Content Delivery components. The mining rate has dropped from a range of 11520 to 12400 SWAT per day to a lower range of 6500 to 7920 SWAT per day.. This data proves beyond doubt that all my estimates above are 100% accurate! Have a Great Weekend Everyone! *We are proud to be the greatest Crypto Currency Project and Community in the world!*

From Slack:

SWATCoin [9:52 AM]
Here is the poster designed by Yuriy and Catherine to mark Eidoo's recognition of SWAT..
SWAT_EIDOO_RECOGNIZES.jpg



SWATCoin [1:59 AM]
@SWATComfortZone I have completed the payment to the OEM supplier for the PM SE yesterday and am waiting for shipping confirmation and details for the same from him. Since there is a cost savings in this operation of sending the Pocket Miner directly to you I have upgraded the specs for the same price. These are the changes. Instead of the earlier 2 GB RAM it is 4 GB RAM now and instead of 16 GB ROM it is 32 GB ROM now. I haven't seen this model yet. You are going to see it first Benjamin! Will update you with the shipping details soon. I am expecting to receive the balance 2 PM UNIs today (Saturday) or on Monday. I will be sending the packing material needed for re-packing the PM SE along with the PM UNI shipment. PM UNIs will arrive through FedEX as usual but the PM SE will arrive through DHL as mentioned by the OEM supplier. Will be sending the instructions and Standard Operating Procedure for installation of APPs, adjustment of settings, testing of mining operation and re-packing process to you Benjamin. Best Wishes to you for your successfully completing this trial operation. Hopefully this will be a new beginning with 100s and 1000s more of such PM SE/UNI sales to come in the future through this route!

Kevin [2:43 AM]
@SWATCoin That is great news. Looking forward to hearing about the new SE. Is this from the same OEM manufacturer of the one I have? (edited)

SWATCoin [2:45 AM]
@Kevin This is a different OEM Supplier.. We have to wait for feedback from @SWATComfortZone about the performance and overall rating of the new version.. (edited)

Kevin [2:46 AM]
@SWATCoin :+1::+1::+1::+1::+1:

SWATCoin [2:55 AM]
I had a follow up meeting today and proceeded with trial mining using the SWATMINER APP, as sort of a initial training program for my friend and contact who will be instrumental in bringing Women Self-Help groups through further contacts in media and industry and will also be guiding and monitoring these groups in the future. We are scheduling further meetings in the next few days.. Most of the women in these groups have income levels of less than 3 USD per day.. If we can get them to do the mining operation and enable them to earn 1 to 1.5 USD per day.. It will truly be an act of financial empowerment!

Kevin [3:02 AM]
@SWATCoin That is the type of information that has the most encouragement to the project as a whole. If others on all of our chats could understand the true purpose of this then maybe they will stop asking about listings and price. Great job. (edited)

SWATCoin [3:15 AM]
@Kevin There are different people with different financial goals who have invested in our project.. It is the same with every project.. Some with short-term profit targets who are a bit impatient and want quick returns.. And others with a long-term price target and profit goals. And then there the others who appreciate the larger vision of our project who are willing to look at our project from a broader perspective with no specific time-frame.. Since the financial standing, needs and background of all these different groups of investors are different, we have to do what it takes to satisfy the requirements of the different groups and take everyone along with us in this long and amazing journey that we have embarked upon, which is filled with great hope for a better future for 100s of individuals from different geographical, social, cultural and financial backgrounds!

EIDOO Wallet recognizes SWAT.. See screenshot..

Post screenshot of your buy orders on Yobit and send details to admin@swatcoin.network

How much Old SWAT did you buy on Yobit?

From Slack and Telegram:

*There are 4 or 5 routes to reach the target price of 0.01 USD for SWAT by the end of the year..*
1. In the next few months, Sell 4000 SWATMINER APPs and Pocket Miners put together. Benjamin has projected a sales of 1000 Pocket Miners in Nigeria and Ehsan has made a projection of 1000 SWATMINER APPs in Iran in the next few months. I am estimating a sales of 2000 SWATMINER APPs/Pocket Miners in the next few months in India.. 110 USD is the price of SWATMINER APP. Which is also the gross revenue component of the Pocket Miner sales proceeds. In this 66 USD goes towards the server maintenance fees, ETH spent as Gas fees for mining transfers, subscription cost to be paid to exchanges for avoidance of delisting, promotions, new development costs, etc. That leaves us with 44 USD per sale for buy back.. which is 176000 USD or roughly 30.8 BTC.. Today those who are mining are selling 6800 to 8800 SWAT for approximately 1 to 1.5 USD.. Which means we can buy 176000 x 7800 = 1,372,800,000 SWAT.. which is almost equal to the max supply of SWAT! Just imagine to what price we can take SWAT to with this kind of buying power.. When we buy it is only natural that other investors who are not interested in mining but are interested only in trading and long-term investing also will buy seeing the price increase in SWAT. Normally this will be 5 or 6 times more than what th project will buy.. Since we are on big exchanges there are many who are watching our project with cautious interest from the sidelines.. The moment investors see the price rise from the 5 SAT level to the 15 or 20 SAT level they will come into our project.. Likewise there will be entry made by different investors at different levels depending upon their risk reward perspective. When this happens we will not just reach 0.01 USD but we will overshoot that target comfortably..
2. We are in the process of raising capital for MYFIE through a proposed ICO.. I have approached two exchanges right now for this.. One is Cobinhood who have mentioned that they will take the payment for running our ICO as MYFIE tokens if they are convinced about our project. The other is p2pb2b who have asked for a fee of 4 BTC plus 5% of funds raised for running our MYFIE ICO. I have sent a proposal to both these exchanges for raising 2.8 million dollars as hardcap and on successful completion of the ICO a fee of 10% of the amount collected to be paid to the exchanges without any upfront payments. p2pb2b have already responded saying they will read through the proposal and consider it. Softcap for the ICO is 560000 USD. I have already mentioned that I will work out a way to link SWAT Project wit the MYFIE project.. With this kind of money the combined power of earnings of the SWAT Project and MYFIE project will be tremendous and SWAT price will reach moe than the target we are talking about.
3. We are in touch with Venture Capital investment firms such as https://www.panteracapital.com/about, http://finshi.capital/, etc to raise funds for our projects SWAT and MYFIE and for the parent company PM Corp.
4. Once the mining population reaches optimal levels revenue from ad network and content delivery will pick up. This additional revenue will ensure additional returns to investors and help in taking SWAT Price up further.

SWAT Coin, [08.05.19 22:46]
5. It is not ideal for us to reveal the entire blueprint of the operations of our project in the open and lose out to some one with more financial resources than us who can easily copy or steal an excellent idea like MYFIE and start something similar before we are able to execute it. Just In case, in the almost impossible condition that all the above ideas not coming out successful you can rest assured in the next few months I wiill work hard and think of something new and come out with 10 more new ideas and pursue those with more enthisiasm than ever.. Trying hard means trying without ever giving up till the time we succeed! That is the kind of effort that is always going on in the background as far as SWAT Coin Project is concerned.. And it will remain the same way for the next 20 years and more going forward!

Alexsolru, We are still in touch with Yobit support to do the update of the contract but with a exchange ratio of 1:3 SWAT for the new versus old. There was more than 200 million SWAT exchanged correctly by the investors who bought SWAT in March 2018, 6 months before we got listed on Yobit.. How were they able to do the exchange correctly? We can only announce repeatedly on all our channels about the exchange dates and investors have to read and understand these processes to safeguard their investments. Now after so many days you have come here and posted on our thread.. If you had done the same thing during the time we announced the exchange and the information about the upgrade of our contract, you to would have exchanged it at the right time.. If you read the Etherscan old contract page which is still available on Yobit in the Coinsifo page before buying the old SWAT on Yobit, you would have seen that even Etherscan has mentioned that we have shifted to the new contract address..https://etherscan.io/token/0xe9a9d1101204b51e8620a28e471f44bb8775e50d.. This is because we had sent all the information to Etherscan and updated before shifting to new contract address.

It is important that you do some reading and research and post your queries on the different channels before you buy any coin.. We consider investors on Yobit or any other exchange as our investors and we do not want anyone to suffer.. We are still hopeful we can find an amicable solution with Yobit and get the contract updated.. Thanks for interest and investment in SWAT.. We consider all our investors as a part of our SWAT Coin community..it does not matter if the investment is small or big.. Everyone is important to us.. We will keep working hard to resolve this and any other issue till it is resolved.. That is our commitment to the project..

Note: Even now my response to you above has been posted on all our channels, twitter, slack, telegram, reddit, etc.!

Project Update: With some policy and regulation changes related to block chain projects expected here, most probably in the next month, I am planning to focus my attention on promoting our SWATMINER APP and Pocket Miners among two important sections of the target audience. One is the Student Community, specifically those who have completed their education recently and are looking to start their careers and the the other the very important segment of Housewives and Self Help Women's Groups.. These two groups form a very important chunk of our target market. Due to the present policy guidelines it is literally impossible for individuals in theses two segments to sell the mined SWAT and convert it to local currency. Till we wait for the regulations to change we plan to help these individuals who are willing to buy SWATMINER APPs and Pocket Miners in the selling and conversion process. I have already spoken to representatives of these two groups and through them I am planning to promote SWATMINER APPs and Pocket Miners to these two groups. I will be travelling to meet the representatives of these two groups starting tomorrow. Over the next two months will continue to focus on these efforts. I am expecting good results from this initiative of ours in combination with the expected policy changes..

The second aspect is related to our future plan of having a Pocket Miner assembly center in every big market for Pocket Miners in the future.. I have mentioned this to several of our D & M members during my individual discussions with them.. As a first step towards this I am planning to start with a first trial remote installation in Nigeria for a Pocket Miner SE delivery to one of our customers to whom Benjamin (@SWATComfortZone) has sold a PM SE. I was expecting to get the delivery of the 5 Pocket Miners to be delivered to @SWATComfortZone from the OEM suppliers during this weekend and do the installation of the APP, authorize the IMEI numbers, do the necessary tests after adjustment of settings and complete the shipment. But due to some logistics delays I have not been able to complete the shipment this weekend. I am yet to receive the Pocket Miners. In order to reduce the shipment time and cost I am planning to ship one Pocket Miner SE directly from our OEM supplier from his warehouse in Hong Kong to Nigeria directly.. My idea is to have Benjamin himself receiving the New Tablet from the OEM supplier and do the installation of the APP, do the necessary tests after adjustment of settings and complete the shipment to the Customer in Nigeria.. All these are normally done by me here in India.. but by doing this in Nigeria we can save a lot of time and cost.. I will just do the authorization in India.. I haven't discussed this with @SWATComfortZone yet. For the kind of efforts he has been putting in I think he deserves the first future assembly unit outside India.. Will post more details about this soon.. Without doubt if we did not have the logistics problem of shiiping Pocket Minerss from our OEM suppliers to Iran, we would have had a similar arrangement at Iran through @antarmontar! But he is doing extremely well with SWATMINER APPs already.. So it is ideal to continue with the same as of now!

Weekend Update:

The excellent run of sales in Iran by @antarmontar continues into the weekend! Today 2 more SWATMINER APPs have been sold by Ehsan to his friends through our installment scheme. The payment for the apps will be completed in the next few days! Great work Ehsan! I appreciate your excellent contribution to our project...

The excellent run of sales in Iran by @antarmontar continues.. 3 more SWATMINER APPs sold by Ehsan to his friends through our installment scheme. The payment for the apps will be completed in the next few days! Great work Ehsan! This is very good work by you. I appreciate the excellent job that you have been doing in promoting our project and our mining process among your friends. Well done!

Across the world 1st of May is celebrated as a mark of respect for the working class in various parts of the world. Though due to political and ideological  differences in some countries, May Day is not celebrated. Today is also a day for Hope and Universal Peace as per a particular declaration! On behalf of the SWAT Coin Project, on this day, let us pledge our commitment to bring Universal Peace and better working and living conditions for everyone, including the working class of people whereever they are in the world!

*Happy May Day Everyone!*

On this May Day we have got one more sale of our SWATMINER APP. Thanks to @antarmontar our D & M member from Iran.. Great start to the month! Hope we sell many more SWATMINER APPs and Pocket Miners this month. I appreciate your continued good work Ehsan!

Check this poster by Yuriy and Catherine representing our listing on CMC.IO which provides information about the most recent market data, the current market capitalization, exchanges, blockchain news, ICOs and actual rates..

KrypticKev, Thanks for your appreciation! It is the duty of every developer to answer the queries of investors, community members and potential investors which is precisely what I try my best to do every time there is a query.