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Author Topic: [ANN] SWAPPER.IO - Legally defer taxes on your crypto profits! ITO: Dec 4th  (Read 2673 times)
Swapper.io (OP)
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Legally protect your profits from taxation


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November 22, 2017, 11:46:16 PM
Last edit: December 05, 2017, 01:53:00 PM by Swapper.io
 #1


SWAPPER.IO

The first blockchain based legally registered qualified intermediary for deferring capital gains tax on your crypto profits. A tool built for US based traders and investors to protect their profits using IRS 1031 exchanges, a common practice that saves real estate and intellectual property billions a year in taxes. Full information: https://swapper.io.

INITIAL TOKEN OFFERING

Swapper token sale is live!: https://swapper.io/ito

We have partnered with Civic to use their identity management app to sign up. This will help us comply with mandatory know your customer and anti-money laundering regulation. It will improve legitimacy and security for everyone involved. Thank you for your patience.

ITO: December 4th - January 2nd. ERC20 tokens with a maximum supply of 100M.  Each SWAP token will be valued at $0.25 and $0.50 USD in two phases. When the platform is built, tokens will be worth $1 USD for ease of accountability. Hard cap: $37,750,000 USD. The soft cap is $250,000 USD, equivalent to the first phase. As the tool is not as complicated as others in the cryptosphere our costs are not so high and we are confident that we will build it no matter what. The team is also in talks for funding from different ventures, as the idea could be very useful even outside of crypto assets. Tokens will be listed on major exchanges.

Purchasers based in the United State accepted. For others, please research your local laws before participating. Full details below and on website.

TEAM

CEO - Michael Kuhn - LinkedIn: https://www.linkedin.com/in/michael-kuhn-b781a185/

COO - Matthew Yavorcik - LinkedIn: https://www.linkedin.com/in/matthew-yavorcik-41461227/
 
Founder - Marty Yavorcik - LinkedIn: https://www.linkedin.com/in/martyyavorcik/

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murgut
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November 22, 2017, 11:49:11 PM
 #2

hmm..this might be interesting as a concept..

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November 23, 2017, 12:03:38 AM
 #3

Great work, looking good and I'm excited for this.
Glad to see you guys and girls still trucking!
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November 23, 2017, 12:45:01 AM
 #4

"legally"
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November 23, 2017, 12:46:17 AM
 #5

this looks 100% legal and totally legit for all US citizens
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November 23, 2017, 01:00:38 AM
 #6

Hi there, can I use SWAPPER.IO from another country?
Swapper.io (OP)
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November 23, 2017, 01:09:32 AM
Last edit: November 23, 2017, 12:35:13 PM by Swapper.io
 #7

Hi there, can I use SWAPPER.IO from another country?

Swapper is available for anyone subject to US tax laws. The ITO is open to purchasers in any legislation where it is legal for them. 
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November 23, 2017, 02:55:16 AM
 #8

do I have to pay for Swappe service? how much is the cost? thanks
Swapper.io (OP)
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November 23, 2017, 03:08:06 AM
Last edit: November 23, 2017, 12:33:56 PM by Swapper.io
 #9

do I have to pay for Swappe service? how much is the cost? thanks

Yes. When using the Swapper platform the fee is paid per swap in the currency that you choose to exchange from. The fee schedule is not finalized, however, the fees will be kept to an absolute minimum as the goal is volume in order to accommodate both large and small exchange users.
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November 23, 2017, 04:30:35 AM
 #10

nice project. good luck dev. Hope the project will be successful
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November 23, 2017, 04:54:45 AM
 #11

i see the Hard cap is : 37,750,000 USD
how if the fundraising didn't hit the hard cap ?
is there any soft cap or all furnds will be refundable ?

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Swapper.io (OP)
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November 23, 2017, 01:08:44 PM
 #12

i see the Hard cap is : 37,750,000 USD
how if the fundraising didn't hit the hard cap ?
is there any soft cap or all furnds will be refundable ?

Hello, thanks for your interest in the project. Sorry if we were not clear, will rephrase in post: the soft cap is the 250,000 of the first phase. As the tool is not as complicated as others in the cryptosphere our costs are not so high and we are confident that we will build it no matter what. The team is also in talks for funding from different ventures, as the idea could be very useful even outside of crypto assets and our smart contracts are asset neutral.
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November 24, 2017, 08:57:53 PM
 #13

What exchange(s) is it opening on after ITO?
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November 24, 2017, 09:03:24 PM
 #14

Love this project, goodluck Dev
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November 25, 2017, 03:42:03 PM
 #15

What exchange(s) is it opening on after ITO?

At this time, TradeQwik and the decentralized ERC20 exchanges are confirmed. We have contacted HitBTC, Bittrex and Poloniex. They will be watching the project. In the end it comes down to the success of the ITO. Rest assured we want this to succeed for everyone involved.

Love this project, goodluck Dev

Thank you! We will do our best to build a useful tool for the US based community and for purchasers around the world.
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November 26, 2017, 06:25:42 AM
 #16

i see the Hard cap is : 37,750,000 USD
how if the fundraising didn't hit the hard cap ?
is there any soft cap or all furnds will be refundable ?

Hello, thanks for your interest in the project. Sorry if we were not clear, will rephrase in post: the soft cap is the 250,000 of the first phase. As the tool is not as complicated as others in the cryptosphere our costs are not so high and we are confident that we will build it no matter what. The team is also in talks for funding from different ventures, as the idea could be very useful even outside of crypto assets and our smart contracts are asset neutral.

The tool is not that complicated but the concept is complicated enough. The words you've used is purely based on laws, and most of us don't know we'll about that. I'm currently reading your WP.
I'm hoping that these project will get more investors and you can tell more about your advisors and team. Good luck.

Swapper.io (OP)
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November 26, 2017, 02:41:32 PM
Last edit: November 26, 2017, 03:10:00 PM by Swapper.io
 #17

i see the Hard cap is : 37,750,000 USD
how if the fundraising didn't hit the hard cap ?
is there any soft cap or all furnds will be refundable ?

Hello, thanks for your interest in the project. Sorry if we were not clear, will rephrase in post: the soft cap is the 250,000 of the first phase. As the tool is not as complicated as others in the cryptosphere our costs are not so high and we are confident that we will build it no matter what. The team is also in talks for funding from different ventures, as the idea could be very useful even outside of crypto assets and our smart contracts are asset neutral.

The tool is not that complicated but the concept is complicated enough. The words you've used is purely based on laws, and most of us don't know we'll about that. I'm currently reading your WP.
I'm hoping that these project will get more investors and you can tell more about your advisors and team. Good luck.

What we mean is that technologically it is not hard to develop and will serve a very specific, concrete need. The law in itself is complex, of course. However the idea is born from practice, as our founder, who is a trader and lawyer, and has been using IRS 1031 exchanges consistently in his trading. Swapper is already legally registered as a Qualified Intermediary in the US. The idea is to make this process as simple as possible for traders and investors, while showing them how to protect their profits through diligence and good practice.

We have updated the ANN to include the team's LinkedIn profiles, please check them out if you are interested. The project will incorporate advisors as it progresses. If you have any questions you are free to ask here or at community@swapper.io.
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November 27, 2017, 11:14:45 PM
 #18

How you can upload picture on Bitcointalk? I tried but can't @@
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November 28, 2017, 03:37:05 AM
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How you can upload picture on Bitcointalk? I tried but can't @@

Try to upload your picture in here : imgur.com
ang gut the link for boards and Forums.  Grin

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November 28, 2017, 04:39:59 AM
 #20

Hola! Russian ANN done:
https://bitcointalk.org/index.php?topic=2474992.msg25350287#msg25350287
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