Distributed Digital Dominance - A Model by the SWAT Coin Project to Maintain your privacy and make your own financial decisions without interference, meddling and attempt to control and influence from and by the big 5 Corporate Digital Giants GAFA and Microsoft, GAFA being Google, Apple, Facebook and Amazon! Today our lives are dominated by the 5 Corporate Digital Giants GAFA and Microsoft, GAFA signifies Google, Apple, Facebook and Amazon. These dominant digital giants became prominent during the past two decades. Microsoft has been in existence for a bit longer than that. These Digital Giants have established their dominance over our lives by controlling the way we search for, acquire, process, share and use information. They also control the way we learn, educate ourselves, entertain ourselves, work within office spaces, purchase goods and services and communicate with each other. And now with the soon to be introduced Libra of Facebook and the already launched Google Pay and Amazon Pay, these Digital Giants will attempt to control the way we make financial transactions with each other. With the active use of Machine Learning and Big Data Analysis these digital giants will also attempt to control the way we make decisions in the future. They also control the way in which we network, look for jobs, grow our business, in general our entire online presence and existence! We might have already experienced this by the way Amazon makes suggestions about what is recommended for us based on the in depth study and analysis of our past buying behavior. The same is done by Google when we search for something by throwing up advertisements that match our searches or by showing suggested videos on Youtube when we search for some videos based on what we have watched earlier. SWAT Coin Project by PM Corp will attempt to break this concentrated digital dominance of these Corporate Giants by diluting it through a model created by us called Distributed Digital Dominance. We will make sure all individual online users are able to decide for themselves. Through our own Ad network integration on our Pocket Miner and SWATMINER APP which is more like an Android Ad Revenue Miner, we will give the opportunity for small and local businesses to advertise affordably and reach the common man in a focused manner through low cost nano targeted advertisements.. And the revenue generated by this will be shared with all SWAT Investors and Miners, without the interference of Google, Amazon, Facebook, Apple and Microsoft! https://www.linkedin.com/pulse/distributed-digital-dominance-dilip-n-sivakumar/
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Seed Invest Funding Application Submitted: While the documentation activities are going on for our KICKICO STO, I am also on the lookout for other funding options for PM CORP.. As mentioned earlier I have been in touch with some Venture Capital and Seed Capital funds and platforms to raise funds for our project. One such fund is Seed Invest ( https://www.seedinvest.com/raise) based in the US.. Just now I have completed the 15 step process of applying to to be considered for fund raising on their platform and expect to hear from them with in a week's time. I have presented a funding requirement to the tune of 6.5 million USD. The final step in the application process is the submission of what is known as a pitch deck which is optional, a presentation in the forma of a PDF file. This is the file that I have uploaded. https://drive.google.com/open?id=1QSW4ERbgjLA36SEoTJLtBZJcsgSUuqt0
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**Mining Process Update**: Today morning again there was a delay in the minting transactions due to long pending transaction on our Contract mainly because of some transactions made by some investors with low gas prices, some of which are pending for 3 days.. https://etherscan.io/address/0xc0f1728d9513efc316d0e93a0758c992f88b0809 These were delaying our minting transactions.. These delays have been happening more often now because of high gas prices and some investors who are transferring SWAT to the exchanges are using very low gas value for the transfers. This is not something which is in our direct control. Throughout the day I am monitoring this and clearing the congestion by the method I had mentioned earlier. But when I sleep for the customary 4 to 5 hours as part of my daily routine, sometimes the backlog gets piled up for 2 or 3 hours.. I know that these delays are not acceptable.. I will find a way to avoid this soon.. I have been manually sending some transactions to our contract with higher gas values to clear up the pending transactions. It has resulted in all our minting transaction being cleared now.. https://etherscan.io/token/0xc0f1728d9513efc316d0e93a0758c992f88b0809 Thank you for your patience. There are many new platforms such as EOS, WAVES, TRON, etc which have very low transaction fees and super fast confirmations.. But if we have to shift to something new, we have to change our entire infrastructure and if exchanges don't update to our new SWAT we will be in big problems.. So let us wait for some more time and then shift to our own block chain and not be dependent on other networks.,
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**Some details about our PM CORP LTD Registration in the UK and Response to some queries earlier**:
The total supply of PMCORP is 2.9 billion, which is equal to the total authorized capital or the total number of shares that can be issued when we list on stock exchanges. And when we list in different stock exchanges, we will issue a tranche of shares at higher and higher values as we go forward. The 783 million shares as shown in the financials on the website, is 27% of the 2.9 Billion which is a requirement of shareholding percentage (more than 25%) which gives me the authority to appoint directors, sign on behalf of the company and take necessary decisions regarding the formation of the company and issue shares as per the UK Government's Company laws. We need to be patient to get this done in the right manner as it takes time, money and a lot of effort to get this done. It is a learning process for us.. Sometimes the younger and newer investors might not be in a position to understand or appreciate this. There are so many young investors in our project who don't understand the nuances and the legally intricate way in which the capital markets function. It is understandable that they are not interested, except to know when SWAT will Moon! Even though all of us eventually want to know only that, many of us have the patience, financial position and maturity to wait for the results to come! But we need to take care of all these small investors along with our bigger ones who are at times in a hurry to get the results due to their individual requirements. They have all trusted us and SWAT blindly and sometimes because of their age and individual financial requirements, are impatient. But we have the commitment to take care of the needs of all our investors irrespective of whether they are interested to know and appreciate what is going on in the background! I just wish to reiterate the fact that we are 100% committed to the long-term success of the project. My sights are set on the day, when after having listed PM CORP in different exchanges in the world, all of us go as a group and ring the opening bell on the NYSE (New York Stock Exchange) when PM CORP gets listed there! Realistically, we should reach that level in the next 3 to 4 years!
**Cheers Everyone**!
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I have informed Michael of KICKICO about the latest developments and he has appreciated our efforts and how we are not in hurry to get this done.. He is happy that we want to do this in the right manner! I have given below a part of my long conversation with him.. ---------------------------------------------------------------------------------- SWAT Coin, [10.09.19 19:01] The gist of the above guidelines as far as Security Tokens is concerend is this: "A firm can issue security tokens without needing a regulatory license, in the same way that issuing shares does not require a license. But in any scenarios in which the tokens are traded, the advisers and brokers handling the tokens, and the financial promotions regime, will need authorization, said the FCA. If a security token is tradeable on the capital market, said the FCA, it will further be considered a transferable security under the European Union’s Markets in Financial Instruments Directive (MiFID), and that regime will apply too." SWAT Coin, [10.09.19 19:06] I am constantly getting more clarity about this based on my discussions and doing extensive research in this area and am hopeful to be able to come out with the regulator's clearance by the end of this month or by the beginning of October 2019. Will keep you updated on this. Truly appreciate your support, inputs and guidance. Thanks once again! Michael, [10.09.19 19:11] Well it is an issue for us as well, as we are registered in Singapore and they have strict laws concerning these types of things, so we have to be very careful with our campaigns (hence all the documentation fuss), especially with STOs Michael, [10.09.19 19:11] I hope everything turns out without problems SWAT Coin, [10.09.19 19:18] [In reply to Michael] Thanks Michael for your wishes! We too hope everything will come out as per our requirement in order to lauch our STO on KICKICO in a smooth manner. If we encounter any issues we will see to it that it is resolved to meet your requirements as per the regulatons in Singapore. We are not in a hurry and want to do everything in the correct possible manner. Thanks for your patience! Michael, [10.09.19 19:20] It is good that you're not in a hurry, it shows the right approach  SWAT Coin, [10.09.19 19:24] [In reply to Michael] When we have the trust of 1000s of investors we need to go that extra bit to be careful that everyone's interest and investments are always safe. We will always take that extra effort to ensure this. Thanks for your appreciation! ----------------------------------------------------------------------------------- From what we have come to know during our research, the FCA of UK came out with this report based on its consultations in April 2019 about classifying different types of tokens.. https://www.fca.org.uk/publication/consultation/cp19-03.pdf and in July 2019 they came out with a regulatiion based on responses recieved from industry participants to the above report as seen here.. https://www.coindesk.com/uk-financial-watchdog-issues-full-guidance-on-crypto-assets |
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keep
yjbg, thanks for your message and for your advice to others to hold SWAT! I appreciate your support. |
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Why Should Anyone Buy or Mine SWAT?
The expansion of the acronym SWAT is by itself the explanation of the importance of our project Secure Wide-spectrum Authenticated Transactions.. using which we provide the benefit of Block Chain Technology to the common man. Bitcoin and ETH mining is only for the rich people.. And the bnefits of block chain technology is available only to the elite few. Through our project we have made block chain technology affordable and accessible to the common man and have used block chain technology and SWAT mining as a mechanism to share the revenue of our project with everyone.
When you buy a TV for example you don't get a share of the profit made by the sale of the TV by the TV company.. When you watch a TV program by subscribing to a Cable Service or Dish TV service you don't get a share of the revenue made by the cable or dish company. When you watch any advertisement on the TV you don't get a share of the revenue made by the channel by showing the ad to you.. In all these cases the companies are making money only from the time and money which you have spent without sharing any of this with you.. Our project shares all these different revenues with the individual miners and with the SWAT investors.
By investing in SWAT and by Mining SWAT, investors and miners will get revenue and create wealth for themselves like how they will get dividend from a Stock in which they have invested in and create wealth for themselves when the price of the stock goes up when the valuation of the company goes up..
Finally the bigger picture and the more important reason for buying SWAT is this... To maintain your privacy and make your own financial decisions without interference, meddling and attempt to control and influence from and by the big corporates!
Today our lives are dominated by the 5 Corporate Digital Giants GAFA and Microsoft, GAFA signifies Google, Apple, Facebook and Amazon. These dominant digital giants became prominent during the past two decades. Microsoft has been in existence for a bit longer than that. These Digital Giants have established their dominance over our lives by controlling the way we search for, acquire, process, share and use information.
They also control the way we learn, educate ourselves, entertain ourselves, work within office spaces, purchase goods and services and communicate with each other. And now with the soon to be introduced Libra of Facebook and the already launched Google Pay and Amazon Pay these Digital Giants will attempt to control the way we make financial transactions with each other. With the active use of Machine Learning and Big Data Analysis these digital giants will also attempt to control the way we make decisions in the future.
We might have already experienced this by the way Amazon makes suggestions about what is recommended for us based on the in depth study and analysis of our past buying behavior. The same is done by Google when we search for something by throwing up advertisements that match our searches or by showing suggested videos on Youtube when we search for some videos based on what we have watched earlier.
What we will attempt to do as we grow bigger, is to break this concentrated digital dominance of these Corporate Giants by diluting it through a phrase that I had introduced earlier, Distributed Digital Dominance. We will allow the users to decide for themselves. Through our Ad network we will give the opportunity for small and local businesses to advertise affordably and reach the common man in a focused manner through low cost focused advertisements.. And the revenue generated by this will be shared with all SWAT investors and miners, without the interference of Google, Amazon, Facebook, Apple and Microsoft!
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Project Update: Just now I was having a long discussion with @antarmontar and we were working out a plan to ship Pocket Miners to Iran through Iraq. @antarmontar has a friend in Iraq who can take delivery and deliver to Ehsan in Iran.. There are on going discussions for the sale of around 100 more SWATMINER APPs from different users in Iran.. A new user from South Africa has shown interest to buy a Pocket Miner and has assured to buy one in the coming week! There is a user from Brazil who has been mining with one SWATMINER APP using his regular phone. Since the regular phone has to be used for his day to day activities he now wishes to buy a separate phone with the second SWATMINER APP for mining exclusively! While I keep working on getting our holding company incorporated in the UK, I have been invited to be a speaker at a Block Chain Technology Meeting and interact with the Students and Faculty members of the Computer Science Department a Top Private University with a strength more than 25000 Undergraduate, Post Graduate and Doctoral Students in different streams of Engineering. The Computer Science Department alone has more than 100 Faculty Members! My former Colleague is a Professor there. They want to discuss with us about the possibility of partnering with us in different aspects of our project. So things are looking up on different fronts for us! Will update on all these developments in the coming week! Have a Great Weekend Everyone!
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Great News! One more sale of SWATMINER APP from Iran. Received Payment and Activated device just now. This is the 23rd purchase of SWATMINER from our investor @abolfazl from Iran!
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Mining Process is Back to Normal Now.. There was an issue on the server that has been rectified now. Everyone can sign in and start mining again. As mentioned earlier I will compensate our miners for mining loss while the process was affected. Miners can PM me or send mail to me at admin@swatcoin.network with their mining addresses for receiving the compensation. Apologize for the inconvenience caused and am also working on this issue from not cropping up again. Thanks for your support and patience..
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**Mining Process Update**: Looks like there is a problem with the mining process on our server. I will rectify this at the earliest. I will compensate our miners for their loss due to the lost mining time. Thank you for your patience! Will update soon!
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Last year around this time Yobit gave us free listing for the old SWAT Free of cost. Today the listing Price for new Tokens on Yobit is 2.79 BTC.. You can see the details here.. https://yobit.net/en/addtoken/ This means Yobit gave 20000 USD worth of Listing Free of Cost to us based on the BTC price at that time. But when we updated the contract they didn't update to the new contract mainly because of low volumes! Even now getting listed on CoinMarketCap or on any top ten exchange is not going to help us to increase our price or our volumes. It is just another event in the growth and development of our project. The thing that we need always is to bring in new investors, sell more Pocket Miners, Sell more SWATMINER APPs, Increase our revenues from Ad Networks, Content Delivery and other new revenue streams. In fact our getting listed on SatoExchange which is not listed on CoinMarketCap might get a few new investors while our getting listed on CMC might not be able to do it!. The truth is any good business needs to generate revenue and investments to be successful in the long-run. These are the things which we keep focusing on always without diverting our attention! And because of the collective efforts in this direction we are bound to succeed with absolute certainty! We are not a news driven revenue less project. On the contrary we are a revenue driven proven business model based project with long-term profitability. This is precisely what we have to educate our new investors about. A couple of venture capital investors with whom I am in touch with have been asking me to make our financial projections for the next 7 years. The typical time frame they look for while investing in any company is 7 years. they would like to sell a part of their investment after 7 years in the stock market and get 10 times or 20 times the value of their investment. I am working on this right now. Soon we will get new capital and we will also run our STO on KICKICO successfully. In the mean while more sales of Pocket Miners and SWATMINERs from different locations are also on the cards.
**Cheers everyone**! |
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Great News! SWAT is on Coinmarketcap! https://coinmarketcap.com/currencies/swtcoin/No other project has been accepted by CMC without reaching their prescribed volume levels first. They have listed us mainly because we raised our voice against their unfair and paid listing of Libra a non-existent coin, You can see our open letter to CMC here! https://bitcointalk.org/index.php?topic=5128167.msg51818019#msg51818019 Since we raised our voice, we have been given this privilege of getting listed with Zero Volumes! And this time we have not even sent a request to them! It is the respect that we have received from CoinMarketCap one of the biggest names in the world of Crypto Currencies and Block Chain Projects! We will never fool our investors with false and inflated volumes! When our Ad revenues come in automatically price will increase and when the number of miners increase the volumes will increase too.. 70 % of our investors who bought SWAT during the initial Pre-Sale in March 2018 one and a half years back have not sold a single SWAT.. There cannot be any project in the world with this kind of loyal investor community.. It is only the traders who have entered SWAT later who have been trading on and between exchanges! The long-term holders will be rewarded handsomely soon!
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This is a fresh announcement, I assume that FDs apply expensive fees. this is a good offer.
great work
Thanks! |
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Great News! SWAT is on Coinmarketcap! https://coinmarketcap.com/currencies/swtcoin/No other project has been accepted by CMC without reaching their prescribed volume levels first. They have listed us mainly because we raised our voice against their unfair and paid listing of Libra a non-existent coin, You can see our open letter to CMC here! https://bitcointalk.org/index.php?topic=5128167.msg51818019#msg51818019 Since we raised our voice, we have been given this privilege of getting listed with Zero Volumes! And this time we have not even sent a request to them! It is the respect that we have received from CoinMarketCap one of the biggest names in the world of Crypto Currencies and Block Chain Projects! We will never fool our investors with false and inflated volumes! When our Ad revenues come in automatically price will increase and when the number of miners increase the volumes will increase too.. 70 % of our investors who bought SWAT during the initial Pre-Sale in March 2018 one and a half years back have not sold a single SWAT.. There cannot be any project in the world with this kind of loyal investor community.. It is only the traders who have entered SWAT later who have been trading on and between exchanges! The long-term holders will be rewarded handsomely soon!
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Great News! SWAT is on Coinmarketcap! https://coinmarketcap.com/currencies/swtcoin/No other project has been accepted by CMC without reaching their prescribed volume levels first. They have listed us mainly because we raised our voice against their unfair and paid listing of Libra a non-existent coin, You can see our open letter to CMC here! https://bitcointalk.org/index.php?topic=5128167.msg51818019#msg51818019 Since we raised our voice, we have been given this privilege of getting listed with Zero Volumes! And this time we have not even sent a request to them! It is the respect that we have received from CoinMarketCap one of the biggest names in the world of Crypto Currencies and Block Chain Projects! We will never fool our investors with false and inflated volumes! When our Ad revenues come in automatically price will increase and when the number of miners increase the volumes will increase too.. 70 % of our investors who bought SWAT during the initial Pre-Sale in March 2018 one and a half years back have not sold a single SWAT.. There cannot be any project in the world with this kind of loyal investor community.. It is only the traders who have entered SWAT later who have been trading on and between exchanges! The long-term holders will be rewarded handsomely soon!
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Got a mail from CoinMarketCap Saying they are changing their methodology of listing assets and reporting volumes on a more transparent and fair manner based on actual liquidity! Guess our strong objection to their listing Libra a non-existent coin has had an effect! Though we are not listed on CMC they had the decency to send a mail to us based on our earlier interaction with them. They have mentioned this in the mail saying they have our request to list on their database even now. As per their criteria for listing we need sufficient volumes per day on just 2 Exchanges listed on CMC on a consistent basis. We are already on 4 CMC listed Exchanges p2pb2b, FatBTC, EtherFlyer, Coinlim.. We just need a combined volume of 1000 USD and above on all these exchanges to get listed on CMC.. See their mail to me below. 
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SWAT's History of Stability During External Turbulence: World Crypto Prices are in a turmoil again.
Main reasons - Escalating Trade Wars and Deteriorating Geopolitical Climate, Negative outlook for ETH based on Technical analysis, Pressure on BTC prices due to the Craig Wright court ruling to settle more than 5 billion USD in BTC mined before 2014, Global recessionary trends sparking flight of smart money to safe havens such as Gold, Swiss Franc, Japanese Yen, etc. Just cautioning our investors who are holding ETH or BTC in the short run. The strategy of hedging used by several traders during such times is to shift from Crypto to Fiat currencies and the safe havens mentioned earlier. It is imperative for everyone to take effort to read, research and decide wisely on the current turbulent situation while we wait for it to pass and hope for stability to return soon. The good news is, none of this affects our project directly except for the change in gas prices and in the exchange rates between FAT/ETH on FatBTC! Over the past 17 months we have seen several such turbulent phases, but have always remained stable and got through those situations without getting affected much. I am sure in the same manner, we will get through this current short-term volatility and uncertainty without any problem. Our aim is to create SWAT as a safe haven such as Gold, JPY, CHF and the likes, in the future, based on the stability it has seen over the past one and a half years! SWAT has very good potential for this since the underlying revenue streams for our project are all doing well, which are Mobile APP AD revenue which has been seeing solid growth world-wide, as is the case with demand for streaming content and the prospects for Smartphone sales is always growing, as more and more users shift from feature phones to Smartphones across the globe! As we move from one global turmoil to other, without getting affected, the future for our project certainly looks bright!
Cheers Everyone! On that thought have a great weekend!
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Great news! As expected the new user from Iran has bought 9 SWATMINER APPs just now! I have completed tee process of authorizing the IMEI numbers and activated the 9 devices! Earlier this month we had a sale of 20 SWATMINER APPs and now 9 More from Iran.. This person's target is to reach 70 SWATMINER APPs.. The going is good for us.. We just need to get that STO going on KICKICO and get the additional investment to take SWAT to the next target price level of at least 0.002 USD soon! I appreciate the efforts of our D & M member from Iran @antarmontar for having created this kind of trust and belief in our project among various users in Iran!
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