SWATCoin

[SWATMiner]

From Telegram:  Let us assume we have sold a million pieces of Pocket Miners and SWATMINER APP put together.. over the next 2 to 3 years.. Due to economies of scale we would have brought down the cost of the product to optimal low levels.. But the main thing is.. Once we have reached these sales levels, it is like having a an extremely focused niche TV channel with a 1 million subscribers as  captive audience whose consumer profile and buying behaviour we know thoroughly.. The minimum CPM (Cost Per Mile) rates we can demand from potential Brand Advertisers for their 10 Second nonskippable, non clickable Video ads just like those we see on TV is 100 USD..

Let us assume for every 15 minutes we show 5, 10 second ads and keep the effective on screen time of an average Pokcet Miner user is 4 to 5 hours.. Which works out to 80 to 100 ads per user.. these are interactive ads.. which means an user has t close the ad after watching it to continue mining.. (Captive Audience).. the numbers are mind boggling..
100 million ads shown per day.. Cost Per Mile means divide by 1000 and multiply by 100... Which is a cool 10 million dollars revenue per day! We share it on a 60/40 basis with our users.. which mean 6 dollars per day for the Pocket Miner SWATMNER APP user and 4 dollars per day for the project per user!
We have not included the mining revenue and the content delivery revenue.. We don't have to charge our users anything for the Pocket Miners.. But to ensure that the Pocket Miner reaches a particular person with a particular profile we charge a nominal price for the Pocket Miner to mainatain accountability!

[mohammedsoliman4]

i rebought your old SWAT from yobit @ 1sat about 800000 swats, i have now 100% profit at 2 sats but i will sell from 3 to 9 sats to get average
 .05 btc 

Hi 😒

You are the one who has all these sales orders? You never changed your old swat for the new ones? why ! Are you a swat investor since I started the project? or are you a member of Yobit, and is the reason why they do not change the new contract?

because you do not sell your old coins that are only used in YOBIT and you leave the game and stop cheating and swindling those users. 👎

😠😠😠😠😠😠😠😠😠😠😠😠😠😠😠😠😠😠😠😠😠😠😠😠😠😠😠😠😠

are you crazy?!!! i heared about this coin only 2 weeks ago, when it pumped to 14sat then dumped to 2sat then to 1sat, iam normal trader at yobit lost in first circle when i bought at three sold at two but now i bought at 1 trying to sell higher .it is all about .008 btc investment, all these sell orders i donot know anything about and i donot care if this is the old or new SWAT..iam dealing with trading and profit..may be you are the one who trying to sell on people in yobit?.. so i knew about this coin already after your problem with yobit and when i realized that i sold with loss at 2sat but i rebought at 1sat to cover my losses...after you know that ، who is the scammer?

[actor c]

There is an admin.question.
1. When are quarterly bonuses and long-term holders bonuses effective?
2.What are you going to do with the old SWAT?

[SWATMiner]

There is an admin.question.
1. When are quarterly bonuses and long-term holders bonuses effective?
2.What are you going to do with the old SWAT?

actor c, 1. Quarterly bonus distribution tomorrow.

2. Old SWAT on Yobit is not valid now and will not be exchanged. Exchange process was completed in November 2018. We are waiting for contract update from Yobit.

[KrypticKev]

Happy upcoming Chinese New Year for all 

[CRIPTODIVISA31]

There is an admin.question.
1. When are quarterly bonuses and long-term holders bonuses effective?
2.What are you going to do with the old SWAT?

actor c, 1. Quarterly bonus distribution tomorrow.

2. Old SWAT on Yobit is not valid now and will not be exchanged. Exchange process was completed in November 2018. We are waiting for contract update from Yobit.

good afternoon

ADM.

You could share the bonus snapshot and know how much each investor will receive.... 😊
greetings and Happy Chinese day those investors of that country. 👍

[SWATMiner]

There is an admin.question.
1. When are quarterly bonuses and long-term holders bonuses effective?
2.What are you going to do with the old SWAT?

actor c, 1. Quarterly bonus distribution tomorrow.

2. Old SWAT on Yobit is not valid now and will not be exchanged. Exchange process was completed in November 2018. We are waiting for contract update from Yobit.

good afternoon

ADM.

You could share the bonus snapshot and know how much each investor will receive.... 😊
greetings and Happy Chinese day those investors of that country. 👍

See my announcement below.

[SWATMiner]

Important Announcement: Today is the day of our First Quarterly Bonus Airdrop..

I have decided to give away 15000000 (15 million) SWAT as Bonus airdrop and set aside 5 million for the 10% and 3% Additional Bonus for long-term holders who didn't move a single SWAT to Yobit for trading.. We have given away 15 million SWAT to new users just to join FatBTC and a huge quantity of SWAT has gone to users who have misused the airdrop. Our Long-term investors who are with us sure deserve this and much more.. Though I have been able to buy back just 2.7 million SWAT till now, the airdrop will go ahead in the same way using the Airdrop Minting function. I will continue to try and buy back more from the market once FatBTC opens for trade.

[SWATMiner]

This is a new Banner for our Listing on Bitcratic, Designed by getHJR (Yuriy) and Lois (Catherine), Lois is an Architectural Intern Working with Yuriy, who is very interested in Design.
She will be helping out Yuriy with our designs in the Future..
On behalf of the SWAT Coin community I welcome Lois to our SWAT Coin Project!

[SWATMiner]

Great News! One more purchase of SWATMINER APP just now from a long-term supporter of our project from Russia.. It is none other than nelovko73 ( Bitcointalk ID - Dmitry), our long-term supporter and early investor and long-term holder of SWAT from Russia. Thanks for your purchase! Appreciate your continued support to our project!

[SWATMiner]

Дoбpoгo здopoвья, дpyзья! Пoдcкaжитe, a пpилoжeниe  для дoбычи SWAT нe paбoтaeт в фoнoвoм peжимe? Ecли y мeня гacнeт экpaн нa cмapтфoнe, тo и дoбычa пpeкpaщaeтcя. Taк и дoлжнo быть?
Зapaнee cпacибo.

nelovko73, In the settings in battery save you have to choose allow SWATMINER to run in the background and in your display settings or sleep settings you have to select never sleep or never switch off or always on.. Even after doing this you need to close any advertisement that is n the mining screen for mining to continue.. The APP is designed for periodic human interaction with the mining screen taking into consideration our second revenue stream the ad network integration..

You can check the active mining transactions and the live mining payouts here..

https://etherscan.io/token/0xc0f1728d9513efc316d0e93a0758c992f88b0809

[SWATMiner]

Quarterly Bonus Airdrop Update: Still in the process of verifying and working out the actual amount to be airdropped to individual addresses. It is more time consuming than what I had originally estimated. Request all investors who had committed to the 10% and 3% additional bonus claim to forward their original mail to me in order to enable speeding up the processing of the additional bonus distribution. Thanks for your support and patience. I am hoping to complete the process in the next 24 hours..

[SWATMiner]

Great News! SWAT Trading starts on FatBTC, Banner Designed by getHJR (Yuriy) and Lois (Catherine)..

[SWATMiner]

Great News! Second purchase of SWATMINER APP just now from nelovko73 ( Bitcointalk ID - Dmitry), our early investor and long-term holder of SWAT from Russia. Thanks Dmitry, once again for your purchase! This will be good motivation for others to buy our APP/Pocket Miner! Appreciate your continued support to our project!

[SWATMiner]

From Telegram: Noted the feedback about our team pictures.. All of us are here active everyday on this very chatroom.. I personally feel those pictures have been very lucky for us.. What we have achieved as a team and community in the last 10 months is phenomenal. We are truly proud of our achievement. Our first Quarterly airdrop is in the process of being executed right now.. Once this is done in the next couple of days.. We will be organizing a mini online investor conference in the next few days through Video Conferencing.. I will be announcing this officially in the next few days.. There can be 50 people participating live in this conference.. I invite everyone who wants to interact with all of us to take part in this.. Our D & M team is the greatest that any project can ever have! I am proud of every single one of them and what they have contributed to the project is unparalleled.. How each one of us look is immaterial.. What each one of us have contributed to the project is what counts.. And that contribution is too immense and valuable to be explained in mere words.. As Kevin said we are a long-term project.. There are many who have made their profits in the last 10 months.. And others who have not.. Those who wait long enough will surely be rewarded.. There are no two ways about it.. The Quarterly Airdrop is the last of our deadlines in the first road map for 10 months.. We will be discussing and creating the new road map in the investor conference in a detailed manner for the next 2 years.. We will come out with better pictures as part of the new 2 year road map.. This photo update is just a trivial thing in the whole scheme of things, which a few investors have been talking about.. We will get it done with.. I know the photo change is not going to bring in a 1000 BTC investment into our project... But the other 99.99 % of our new activities will bring in a whole lot of new investment to the project, which is what counts in the long run.. Cheers Everyone!

[SWTCoin]

The tremendous hard work put in by Benjamin (@SWATComfortZone) in developing the Nigerian Market has started paying results. I have received order for 2 Pocket Miners from him today! I am sure this is just the start of great things to come!

Well Done Benjamin!

[SWTCoin]

I had activated a few IMEI numbers for free as part of an offer to mine and credit the mined SWAT to the miners' individual FatBTC addresses. Now that the FatBTC listing is completed I will be deactivating those IMEI numbers which were activated as part of this offer. If anyone wants to continue mining they will have to buy the APP here.. https://www.swatminer.app/

[SWATMiner]

From Slack:

SWATCoin [3:55 AM]
Standing apart from the crowd is what makes a great brand and requires a lot of brand building effort, which is what we are involved in right now.. Brand building requires a lot of advertising backed by huge budgets.. The recent airdrop exercise to get the 1000 accounts on FatBTC was a huge advertisement for us.. The positive thing is that we were able to use SWAT as the currency to run this ad campaign. Total of 25 million SWAT was distributed as airdrop for this campaign.. 15 million was deposited into FatBTC accounts and 10 million was not.. The 10 million that was not deposited into FatBTC was sold on ED/FD exchanges.. We have been on ED/FD from the time we shifted to an ERC20 token.. But we have never had this kind of trading volumes.. Now that we have become a known brand there is buying interest on ED/FD.. There is buying interest on p2pb2b and FatBTC too.. We currently have a buy order for approximately 15 million SWAT across all exchanges and trading pairs put together.. Which is very good for the mining users.. With almost nil buying orders we were able to sell 32 Pocket Miners and SWATMINER APPs put together in the last 60 days.. Now that there is a ready market for mined SWAT we should be able to sell much more Pocket Miners and APPs.. Assuming we sell 100 APPS and Pocket Miners put together in the next 30 to 40 days.. We ourselves can put in a buy order for 16 to 17 million more SWAT at current prices.. At current levels the 32 miners are mining around 150K SWAT daily.. So we will be covered for buying the mined SWAT for the next 5 to 6 months taking into account the increased mining output.. As people see others making money with SWAT mining the buying will naturally keep increasing with time.. Even if we sell a conservative 1000 APPs/PMs in the next 6 months we ourselves will be able to create a buy order for 160 million SWAT with the profit and this will generate an additional 160 million SWAT buy orders apart from what we create from the investing public who don't want to mine but just want to invest. This will result in slow and steady price rise.. Resulting in lesser number of SWAT being mined.. All this will make sure the lean mining operation resulting in a confirmed income of 1 to 1.5 USD per day,per Pocket Miner or SWATMINER APP which is the basis of our project, keeps going on without any aberration in a continuous manner thereby bringing in more and more sales.. Add to this the additional promotional and community building activities we have planned to put in place starting next week will create a synergistic and cumulative positive effect for the project.. Great times ahead for our project..


SWATCoin [4:03 AM]
So the 25 million SWAT we spent as airdrop at the current average market price works out to 3500 USD.. A budget of 3500 USD for advertising and promotion paid using our own SWAT has created this kind of a tremendous interest in our project.. Now that there is a base price and a ready market for SWAT we can earmark an additional 10000 USD budget in the next 2 to 3 months for all our new Promotional and  Community building activities.. which will result in much more interest in our project across different geographical regions..

[SWATMiner]

Quarterly Bonus Airdrop process is still being executed. Latest batch... https://etherscan.io/tx/0x63629dbba9e9199edc495a56fd514908f5783fdf84b79200e3b7644f7ad19a78      Thanks for your patience.. Will try to complete this and the additional bonus airdrop at the earliest..

[SWATMiner]

Response on Telegram to a some queries about the mining function, difficulty algorithm, optimum level of miners mining simultaneously for algorithm to take over, decimals trading, future quarterly airdrops etc.,:

Yes. the mining difficulty is a function of SWAT average price, number of Pokcet Miners and priSWATMINER Apps mining simultaneously during a given period and a few other parameters in the mining algorithm. You are right in your understanding of the basic logic behind the mining process and the target emission of SWAT worth of 1 to 1.5 USD per day. If SWAT price is 1 USD it means the miner will be able to mine 1 to 1.5 SWAT in a day. The adjustment of the difficulty is designed to be built into the algorithm but obviously with an option for manual override. When the number of miners are beyond an optimum value the algorithm will take over to make sure the above calculations are done in real time and emission and minting function are controlled algorithmically.  An optimum number of miners mining simultaneously would be 2000. Since while creating SWAT in the smart contract we have used the decimals of precision as 8 we don't have to worry about trading in decimals till the time SWAT is trading at the rate of 0.00000001 SWAT = 1$! And finally about transferring to Individual SWAT wallets during quarterly airdrops is unavoidable since each exchange has its own smart contract to create sub addresses based on the Ethereum Smart Contract framework.. There is no single way to create a snapshot of all SWAT held in different exchanges with different smart contracts. But don't worry about the withdrawal fee being 10000 SWAT! All that will change soon! Do you think when SWAT price is 1$ the withdrawal fee can be 10000 SWAT?!

In future I expect the ad revenue and content delivery revenue to contribute about 1$ per day per Pocket Miner.. this we will share on a 60/40 basis with the Pocket Miner Users..