 |
June 05, 2014, 08:19:51 PM |
|
A lot of coins hit the market and some of those coins really have nice services but lack of hashrate/no good exchange/etc
When combining a few little coins together then you can create a bigger more stable coin. There is no launch date because we first have to check which coins can be used for swapping. We will have a round of talks with potential coin owners that believe their coin can move in the right direction when it is combined in one bigger coin.
We are not planning to take every (shit) coin. We will audit the coins before they will be selected in this project. A analyse will be made what will be the swap ratio for the coin based on the current value and the current services that they provide.
All existing services will then been modified so that it can be used for SWAPcoin.
Advantage:
- Less cost for SWAPcoin as existing services can be used.
- More miners/ Bigger hashrate
- More possibilities to hit mintpal/cryptsy or any other big exchange
Disadvantage:
- Hard software coding needed to make it all automatically. As we don't want to do everything manually. You can work manually but this doesn't make any sense, so testing is really very important.
There is no IPO address yet as we want investors to contact us directly as some people can be huge investors and want to know more details about the project.
|
