Swarm Fund looks really interesting

[Minecache]

Apologies if this has been posted before, but when is the planned ICO date?

There are so many ICO sites and you couldn't find the date?))) The new crowdsale dates are Oct 21 - Oct 27.

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[Herdirfauzi]

yes what you say is that swarmfund is very interesting, but ICO is always delayed, rather annoying. but it's okay .. I wait patiently 

[Herdirfauzi]

Their logo looks like wings, and they have made threads 1 year ago, however I see swarmfund less attractive, because they are a bit plagiarism

very true, their logo is like wings and birds, hope if later ico finished will be like a flying bird and I hope the price continues to fly up and not fast the occurrence of dump, what is the meaning of plagiarism? have you ever seen the same logo as swarm? what is the name of the project?

[ninjabiz]

Innovative fund makes people wise to invest, I will invest those projects they invest.

[nappoleon]

Yes it is similar to Dao, but Dao was an accidental project. Swarm is a carefully though one, they're actually trying to work with legalities of raising money. Moreover, dao, although it could have been but doesn't have pre-determined projects and swarm has lined up start ups and other 3rd parties expressing their interest. Interesting times ahead.

[rjbtc2017]

This one looks promising

Crypto tokens that are legally representative of real-world assets

Could be a game changer

https://www.forbes.com/sites/giovannirodriguez/2017/08/16/can-swarm-fund-help-the-cryptocurrency-market-finally-enter-the-mainstream/#79f9c3512e77

Is it really worth it to invest here? Because i have decided to try on investing to some alt coins,I should really do a deep research about this but do they have a thread here in bitcoin talk forum? I think they lack some marketing and advertisements?. I think this project will become successful, In my opinion they should really have a big investment on marketing.

[evski]

they have an official thread going here:

https://bitcointalk.org/index.php?topic=2159615.new#new

[evski]

Yes it is similar to Dao, but Dao was an accidental project. Swarm is a carefully though one, they're actually trying to work with legalities of raising money. Moreover, dao, although it could have been but doesn't have pre-determined projects and swarm has lined up start ups and other 3rd parties expressing their interest. Interesting times ahead.

yeah, being totally compliant with the growing regulatory environment is key for Swarm. The have a team of lawyers and are really devoting a lot of time and energy to making sure this is so. Its part of the reason they delayed the public crowd sale. I am impressed by their dedication and unwillingness to cut corners. They are moving forward with integrity

[republic_of_crypto]

i have to admit, it does seem like the team is making all the right moves

with the news from Russia yesterday, curious to see how this regulation saga unfolds and how upcoming blockchain projects will adapt

[evski]

official statement from the dev team:

Swarm Fund has extended the pre-sale period and will open the SWM public token sale from October 21 to October 27. We came to this decision after conferring with our legal and institutional partners, and realizing we needed additional time to accommodate the shifting regulatory landscape.

On September 7th Swarm briefly opened a public sale and then switched to an ambassador-only pre-sale. Refunds were given to any unsatisfied participants in the short public sale, which were taken up by 5.3 percent of all crowdsale transactions, representing $75K. Since then, additional pre-sale funds of $2.5M for a total of $4.7M have been committed to date.

We chose this revised schedule in light of the following:

    Continued Token Swap: To accommodate Swarm token holders who were unable to participate in our token swap; particularly since Poloniex has now agreed to allow holders of Swarm 1.0 tokens to transfer them off their platform. More information to be released shortly.

    Asia: In consideration of investors in Asia who have requested more time to participate in the sale as they navigate the regulatory situations across the region.

    US Investor Accreditation: As we want to be as inclusive to the investor community while legally compliant, we are using the additional time to make the process as simple as possible for US-based investors to navigate any accreditation hurdles to participation. More information to be released shortly.

    Community Involvement: We have received ample feedback on the liquidity release feature of the SWM Token. Since we are building Swarm as a platform based on community participation, and are launching with a product that puts decisions in the hands of the Swarm community, we are taking this time to incorporate relevant suggestions that will improve all aspects of this offering. As we close the sale, our liquid democracy platform will be operational with the Swarm Token holder community voting to decide on the liquidity schedule, as well as the appointment of board members.

We believe this new process and timeplan gives the community the best access and time to participate, while simultaneously providing us with the opportunity to do this in a much more safe and compliant way, via auditing all steps of the process. Within this new procedure and time schedule, we are able to continue with the pre-established token pricing curve, while holding true to the initially promised first token liquidity (moved by three days to November 6th).

As part of our roadshow, we have traveled to Los Angeles and New York City, as well as six other countries over the past week. The reception has been extremely positive from the institutional finance world, private wealth management and others in the broader financial community.

We strive for transparency in our processes, and are equally committed to deliver real value from day one, particularly in the current, and dynamic landscape. When the first liquid democracy vote goes live on 10/31, Swarm Token holders will be asked to participate in their first voting process, in order to appoint the Board and the go forward liquidity schedule for Swarm Tokens. This indoctrinates them as a part of liquid democracy, engaging all Swarm members directly in deciding the future of the platform.

We are very excited about the overall community’s enthusiasm for this project, and the positive feedback we are receiving. It’s truly helping us shape this venture and ensures it evolves in the best possible way.

Official time schedule for the sales process:

    Pre-sale will continue until 10/18 23:00 UTC
    Swarm public sale opens 10/21 14:00 UTC and closes 10/27 23:00 UTC
    Liquid democracy voting on Board selection and Swarm Token liquidity release begins 10/30 14:00 UTC until 11/3 23:00 UTC
    First liquidity release for token tradability 11/6 15:00 UTC

[konco_kenthel]

I am so interested to try this new game especially if given a coin bonus in the application later so that more can make a lot of people who participate in this game to increase income each month.

[evski]

I got some tokens, was easy enough. Interested to see how this one moves forward.

did you get in on the presale?

[johnsaributua]

Ofcourse, swarm token is interest ICO for more people

[xandriel]

I got some tokens, was easy enough. Interested to see how this one moves forward.

I thought presale need invest minimum 50k dollar. :/ how you can get only some token

[evski]

I got some tokens, was easy enough. Interested to see how this one moves forward.

I thought presale need invest minimum 50k dollar. :/ how you can get only some token

I think they started the crowd sale and it ran briefly before they decided to postpone it

[evski]

i think they even offered people who participated in the crowd sale for that one day a refund once they decided to postpone it

[DanWalker]

There are more than 1500 users at telegram chat and 4200 at Twitter. I hope Swarm would be popular when time of ICO comes But I suppose 255,000,000$ hard cap is too much anyway!

[evski]

255 mil is the ico hard cap?

[republic_of_crypto]

255 mil is the ico hard cap?

yes, I think so

[Minecache]

255 mil is the ico hard cap?

Check the whitepaper. Soft cap is $55M, hard cap is $255M. They both are very bold for any kind of cryptoproject.