[ANN] [ICO] SWFT - Swiftex Exchange Token

[swiftexexchange]

SWFT Token
Whitepaper | Website | Ico Website

Specs:

• Smart Contract : 0x503E3b722793d0e3d8e0DbA7D01aC55c92837a23
• Symbol: SWFT
• Decimal: 18
• Total supply: 5,000,000,000
• Softcap: 1,140 ETH
• Hardcap: 6,800  ETH

ICO Time:

• Stage One Bonus 20%: From 0 SWFT To 1,000,000,000 SWFT
• Stage Two Bonus 10%: From 1B SWFT To 2,000,000,000 SWFT
• Stage  Three  Bonus 5%: From 2B SWFT To 2,500,000,000 SWFT

Token Distribution

• ICO : 60%
• Team : 10%
• Daily Operations : 10%
• Marketing : 7%
• Advisors : 3%
• Bounty & Airdrop : 10%

Swiftex Social channels:

• Official website: https://swiftex.co
• ICO Website:  https://ico.swiftex.co
• Twitter: https://twitter.com/swiftexco
• Medium: github.com/swiftexexchange/
• Telegram: https://t.me/swiftex
• Telegram Chat: https://t.me/swiftexco
• Discord Chat: https://discordapp.com/invite/VuFq6ZM
• Reddit: https://www.reddit.com/r/Swiftexchange/

Total ETH raised:

• Check on etherscan: https://etherscan.io/address/0xba217d85723e7c77152009784ff645e859885085
• Check on website: https://ico.swiftex.co

Notes:
Team wallet is locked for 12 Months :
EtherAdress : 0xb3E99B8ACBEe68904E04Bed0636D289e6e241Ed0

Daily Operations wallet is unlocked
EtherAdress : 0xB4Ad7061CFDfCe1581530cc080610C23148E431C

Marketing wallet is locked for 6 Months
EtherAdress : 0xECb1204cC1760336fA13d36cB4b73339dc57477c

Advisors Wallet is locked for 3 months
EtherAdress :  0x8b2aC9C18eDbea01bc3Cb4ebb5Ac49774D2Ed661

Airdrop & Bounty Wallet unlocked
EtherAdress:  0x0bb915569564AE5772A6b8379d918CC342A50C66


All unsold tokens will be burned
Countries Restricted (ICO): U.S.A.

[swiftexexchange]

reserved

[johnnywoo2015]

It was interesting to read your white paper. Your team enters the market already having a finished product. Why do you need ICO? How do you want to spend the attracted funds?

[SwiftExchange]

It was interesting to read your white paper. Your team enters the market already having a finished product. Why do you need ICO? How do you want to spend the attracted funds?

Check website there is written ICO Funds
Marketing, Userbase Building, Developing , Liqudity Market Making, Legal Expenses

[JeromeTash]

It was interesting to read your white paper. Your team enters the market already having a finished product. Why do you need ICO? How do you want to spend the attracted funds?

How is it interesting to read a plagiarized white paper? 

Plagiarizing white papers and website content is a sign of scam and people should keep away from this exchange.
Thanks to Witcher_sense who uncovered them - https://bitcointalk.org/index.php?topic=5190158.0

[CjMapope]

It was interesting to read your white paper. Your team enters the market already having a finished product. Why do you need ICO? How do you want to spend the attracted funds?

How is it interesting to read a plagiarized white paper? 

Plagiarizing white papers and website content is a sign of scam and people should keep away from this exchange.
Thanks to Witcher_sense who uncovered them - https://bitcointalk.org/index.php?topic=5190158.0

this ^^^ 
in this space, trust means alot, and the OP has already been exposed
sorry OP, but ICOs NEED to be squeaky clean to get a penny of MY money
and this one is NOT haha

[tippytoes]

It was interesting to read your white paper. Your team enters the market already having a finished product. Why do you need ICO? How do you want to spend the attracted funds?

How is it interesting to read a plagiarized white paper? 

Plagiarizing white papers and website content is a sign of scam and people should keep away from this exchange.
Thanks to Witcher_sense who uncovered them - https://bitcointalk.org/index.php?topic=5190158.0

The wp is heavily plagiarized. I don't think this exchange will achieve what they want. Seems that they have active trading already but I don't understand why they need more money here? ICO is not a thing anymore. So more than likely, they will not get their funds here. What will happen to this exchange if they can't get even the soft cap?

[JollyGood]

AVOID
SWIFTEX EXCHANGE
SCAM ICO

BITCOINTALK FORUM:
This is the link to the Swiftex Exchange ICO thread: https://bitcointalk.org/index.php?topic=5189857.0
This is the link to the Scam Accusation: https://bitcointalk.org/index.php?topic=5190158.0


PLAGIARISED WHITEPAPER:
They have copied huge elements from the Streamex whitepaper as excellently pointed out by witcher_sense here in the Scam Accusation thread:
https://bitcointalk.org/index.php?topic=5190158.0:


SWIFTEX EXCHANGE WEBSITE:
The exchange is built using RubyKube (excellent entry level  open source software). It has less functionality than the full Openware software for sale but still should easily handle around up to 3000 TPS, nowhere near top level exchange requirements.

The bottom line is this - if you go to the RubyKube website and Github you have all you need to make an exchange almost like out-of-the-box solution. It is not hard work to put sudo commands in your terminal or putty because RubyKube have taken all the hard work out of it.


SWIFTEX EXCHANGE SOCIAL MEDIA
Medium - https://medium.com/swiftex
Last updated July 2019

Reddit- https://www.reddit.com/r/Swiftexchange/
Last updated for over 1 year ago

Twitter - https://twitter.com/swiftexco
4000 followers

Telegram - https://t.me/swiftexco
Their Telegram shows 3661 users but the whole thing is dead. No moderation and no signs of conversation


SUMMARY:
All the software used to make the Swiftex Exchange is available free online so the only costs associated would be server/host and developer to install it. There is no mention on their website or whitepaper about the source or anything else. There is no mention of which country any legal issues will be resolved in, there is no mention of the company or individuals that are owners/shareholders of any LLC/LTD.

There is no announcement about the traffic or trade volumes because they are at lower than trash levels and it seems to have been done deliberately. Their social media is virtually dead too. Quite pathetic really that they thought they could raise a quick buck using open source software by fooling newbies and gullible investors.

Their ICO has so far raised 0.45 ETH but they have a hard cap of $1.2 million and a softcap of $200,000: https://ico.swiftex.co/

The exchange seems to have been created for the purpose or having an ICO and thus getting rich through the back door with tokens. If the real owners believed in this trash they would have run it and operated it themselves and reaped the benefits of any profits but this is a trash exchange that has no hope either in legal terms or commerce terms.

Even if they reach their softcap of $200,000 that is a large amount for somebody who used freely available open source software which is a ready to use out-of-the-box solution covering everything from pairs to KYC and much more. For them to receive $200,000 from the ICO would mean them hitting the jackpot as they would not need to elaborate exactly where the money was spent and could be seen as a sizeable pay day for those of us highly skeptical.

[jambo110]

AVOID
SWIFTEX EXCHANGE
SCAM ICO

BITCOINTALK FORUM:
This is the link to the Swiftex Exchange ICO thread: https://bitcointalk.org/index.php?topic=5189857.0
This is the link to the Scam Accusation: https://bitcointalk.org/index.php?topic=5190158.0


PLAGIARISED WHITEPAPER:
They have copied huge elements from the Streamex whitepaper as excellently pointed out by witcher_sense here in the Scam Accusation thread:
https://bitcointalk.org/index.php?topic=5190158.0:


SWIFTEX EXCHANGE WEBSITE:
The exchange is built using RubyKube (excellent entry level  open source software). It has less functionality than the full Openware software for sale but still should easily handle around up to 3000 TPS, nowhere near top level exchange requirements.

The bottom line is this - if you go to the RubyKube website and Github you have all you need to make an exchange almost like out-of-the-box solution. It is not hard work to put sudo commands in your terminal or putty because RubyKube have taken all the hard work out of it.


SWIFTEX EXCHANGE SOCIAL MEDIA
Medium - https://medium.com/swiftex
Last updated July 2019

Reddit- https://www.reddit.com/r/Swiftexchange/
Last updated for over 1 year ago

Twitter - https://twitter.com/swiftexco
4000 followers

Telegram - https://t.me/swiftexco
Their Telegram shows 3661 users but the whole thing is dead. No moderation and no signs of conversation


SUMMARY:
All the software used to make the Swiftex Exchange is available free online so the only costs associated would be server/host and developer to install it. There is no mention on their website or whitepaper about the source or anything else. There is no mention of which country any legal issues will be resolved in, there is no mention of the company or individuals that are owners/shareholders of any LLC/LTD.

There is no announcement about the traffic or trade volumes because they are at lower than trash levels and it seems to have been done deliberately. Their social media is virtually dead too. Quite pathetic really that they thought they could raise a quick buck using open source software by fooling newbies and gullible investors.

Their ICO has so far raised 0.45 ETH but they have a hard cap of $1.2 million and a softcap of $200,000: https://ico.swiftex.co/

The exchange seems to have been created for the purpose or having an ICO and thus getting rich through the back door with tokens. If the real owners believed in this trash they would have run it and operated it themselves and reaped the benefits of any profits but this is a trash exchange that has no hope either in legal terms or commerce terms.

Even if they reach their softcap of $200,000 that is a large amount for somebody who used freely available open source software which is a ready to use out-of-the-box solution covering everything from pairs to KYC and much more. For them to receive $200,000 from the ICO would mean them hitting the jackpot as they would not need to elaborate exactly where the money was spent and could be seen as a sizeable pay day for those of us highly skeptical.

Keep up the good work.