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Author Topic: [ANN] Swaap | Enhancing multichain payment systems  (Read 1500 times)
Swaap
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November 20, 2020, 09:14:08 AM
Last edit: August 16, 2021, 12:43:53 AM by Swaap
 #1

This project has been discontinued.

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January 11, 2021, 07:26:29 AM
 #2

Swaap offers seamless benefits, the first Defi project I've come across that is paired to USD.
Does this means that when one invest on SAP he's investment is 100% safe as he's investment can never go below his initial deposit?
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January 11, 2021, 09:08:37 AM
 #3

Swaap offers seamless benefits, the first Defi project I've come across that is paired to USD.
Does this means that when one invest on SAP he's investment is 100% safe as he's investment can never go below his initial deposit?

When compared to the USD, you are right, once the value of the SAP is pegged to the one of the USD, on a perpetual rate of 1:1. You will be able to stack your tokens, in order to generate yield, or use it to operate your business through Nova Bank, using it as a medium of exchange of goods and services.

Swaap Governance tokens (SAPG), in the other hand, will have a free floating value on the open market. So as with any other investment, there's risk and volatility involved.

Swaap Technologies 🌐 Nova Bank
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January 11, 2021, 09:23:15 AM
 #4

What relationship does Swaap have with Novabank
Swaap
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January 11, 2021, 09:47:59 AM
 #5

What relationship does Swaap have with Novabank

Nova Bank gives usability to the technology, providing liquidity and operating the core of Swaap within their own platform. Both are independent parties of the same project, working side by side to develop the technology and run the platform that gives a real use-case to Swaap.

Swaap Technologies 🌐 Nova Bank
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January 11, 2021, 10:50:10 AM
 #6

What relationship does Swaap have with Novabank

Nova Bank gives usability to the technology, providing liquidity and operating the core of Swaap within their own platform. Both are independent parties of the same project, working side by side to develop the technology and run the platform that gives a real use-case to Swaap.
I am quite interested in seeing the Swaap project whether we don't have any promotional events going on and I visit the telegram community it looks quite quiet and rarely interacts, growing a community is a good start for any project including the Swaap project

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Badmanthought
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January 11, 2021, 11:17:33 AM
 #7

What relationship does Swaap have with Novabank

Nova Bank gives usability to the technology, providing liquidity and operating the core of Swaap within their own platform. Both are independent parties of the same project, working side by side to develop the technology and run the platform that gives a real use-case to Swaap.
I am quite interested in seeing the Swaap project whether we don't have any promotional events going on and I visit the telegram community it looks quite quiet and rarely interacts, growing a community is a good start for any project including the Swaap project
I think the project is just starting off, and there has not been any official announcement made that's why there is no much user on the Telegram group, am even surprised to find some users there already, I thought I will be the first
Swaap
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January 11, 2021, 06:18:51 PM
 #8

What relationship does Swaap have with Novabank

Nova Bank gives usability to the technology, providing liquidity and operating the core of Swaap within their own platform. Both are independent parties of the same project, working side by side to develop the technology and run the platform that gives a real use-case to Swaap.
I am quite interested in seeing the Swaap project whether we don't have any promotional events going on and I visit the telegram community it looks quite quiet and rarely interacts, growing a community is a good start for any project including the Swaap project

We are just kicking off. If you join now you should see more action in our community groups. We had some regulatory constraints (due to offering fiat liquidity) that set us back a couple months, but we ade back on track and ready to go.

Swaap Technologies 🌐 Nova Bank
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Swaap
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January 11, 2021, 06:22:49 PM
 #9

What relationship does Swaap have with Novabank

Nova Bank gives usability to the technology, providing liquidity and operating the core of Swaap within their own platform. Both are independent parties of the same project, working side by side to develop the technology and run the platform that gives a real use-case to Swaap.
I am quite interested in seeing the Swaap project whether we don't have any promotional events going on and I visit the telegram community it looks quite quiet and rarely interacts, growing a community is a good start for any project including the Swaap project
I think the project is just starting off, and there has not been any official announcement made that's why there is no much user on the Telegram group, am even surprised to find some users there already, I thought I will be the first

Yes. Our Telegram group is steadily growing and official announcements are coming as we push the project forward. Thank you for the support.

Swaap Technologies 🌐 Nova Bank
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January 11, 2021, 09:47:03 PM
 #10

What relationship does Swaap have with Novabank

Nova Bank gives usability to the technology, providing liquidity and operating the core of Swaap within their own platform. Both are independent parties of the same project, working side by side to develop the technology and run the platform that gives a real use-case to Swaap.

It is good to aim having a real use-case for your project. Because that will be you edge with other competitors. It will also help your project survive in the market. I just hope that you will survive long in this competition and serve your customers in a satisfactory way. Not many project can actually implement their goals. So let's see if you will make a difference in the crypto space. Good luck!

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Swaap
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January 11, 2021, 10:11:35 PM
 #11

What relationship does Swaap have with Novabank

Nova Bank gives usability to the technology, providing liquidity and operating the core of Swaap within their own platform. Both are independent parties of the same project, working side by side to develop the technology and run the platform that gives a real use-case to Swaap.

It is good to aim having a real use-case for your project. Because that will be you edge with other competitors. It will also help your project survive in the market. I just hope that you will survive long in this competition and serve your customers in a satisfactory way. Not many project can actually implement their goals. So let's see if you will make a difference in the crypto space. Good luck!

Thank you for the support. Fortunatelly enough, more than 90% of our project is already implemented and working. We made sure to have our platform  up and going before even coming public. We really believe we can serve our users with not only a real use-case, but a solution for a real problem.

Hope to see you around our platforms! Thanks again for the support.

Swaap Technologies 🌐 Nova Bank
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January 13, 2021, 11:59:11 AM
 #12

How many countries do Swaap support currently, can we redeem our SAP to any country bank in the world, like African or asian banks
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January 13, 2021, 12:08:05 PM
 #13

Initial sales will start on January 20, yes that means it will arrive soon, I like to see this Swaap project but it's still very quiet right now, I see it in the community and on the Swaap forum, there are still a few users, for the future hopefully it will be increasing

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January 13, 2021, 07:28:09 PM
 #14

How many countries do Swaap support currently, can we redeem our SAP to any country bank in the world, like African or asian banks

Hi Maximum11, currently you are able to withdraw to the following bank accounts:

- Any IBAN European Account (EUR)
- Australian Bank Account (AUD)
- New Zealand Bank Account (NZD)
- UK Bank Account (GBP)
- Singapore Bank Account (SGD)
- US Bank Account (USD)

More options will come as the project develops. Thank you!

Swaap Technologies 🌐 Nova Bank
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January 13, 2021, 07:34:58 PM
 #15

Initial sales will start on January 20, yes that means it will arrive soon, I like to see this Swaap project but it's still very quiet right now, I see it in the community and on the Swaap forum, there are still a few users, for the future hopefully it will be increasing

We are betting into a more organic growth, as those are usually the long time players, and we really believe in our platform. It brings not only a real use-case, but solve a problem that crypto projects have failed to address to date, which is the problem of liquidity-on-demand in fiat. After all, there are very few places where you can do your groceries or fill up your tank with crypto. So, instead of fighting over the legacy system, we tried to join them to create a true powerful platform, that will allow you to go all-in into crypto to run your finances - or even your business -, pinching liquidity in fiat out of your funds as you need it.

We are really keen on what we have accomplished, and we really believe our users will benefit from it, so we are just being patient and targeting the quality of our products and services rather than booming a hype that will dissipate as fast as it was created.

I really appreciate your support, and hopefully we will see you around on our bounty campaign and presale round Smiley

Swaap Technologies 🌐 Nova Bank
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January 16, 2021, 05:05:28 AM
 #16

Who are the team behind this project? Its better if we know more about the team for trusting issue sake, pls try to work on that, if team members are known it will make more sense
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January 16, 2021, 08:14:25 AM
 #17

Who are the team behind this project? Its better if we know more about the team for trusting issue sake, pls try to work on that, if team members are known it will make more sense

Hi New_order, I will pass the suggestion on to the website management, to post the social media links for all team members.

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January 16, 2021, 08:17:52 AM
 #18

The only way to profit from sap tokens since it is acting like stable coin is by staking and earning up to earn 5.5% p.a, so is this percentage on a daily basis and there is no minimum amount?
Which exchange the ieo will be conducted and are you planning on other exchange listing and how soon will that be?


That's true for our SAP tokens, as they're our utility tokens and pegged to the USD value at a 1:1 ratio. The compounding and payout is daily and the minimum amount to stake is 100 SAP. There is no bonding and you can withdraw your funds at any time.

We will also be listing our governance tokens, SAPGs, and with them you might be able to speculate on the markets, if so you wish. These are being put available on a presale basis from the 20th January on, and will be the tokens paid out on our bounty campaign.

As for the listing information and dates, you can refer to the main thread, as it's all written there.

Thank you for your support Smiley

Swaap Technologies 🌐 Nova Bank
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January 16, 2021, 10:15:25 AM
 #19

I've just looked at your telegram group, and saw there only 218 members. At first, it means that you have to work better with marketing. At second it means that you are honest in this case, because a lot of crypto project make simple thing: they buy thouthands of subscribers, and create an illusion that they are popular and interesting for investors. Anyway, good luck!
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January 16, 2021, 01:18:38 PM
 #20

This is a newly launched to the public project even though the project itself has been in existence for some time now, just like someone already suggested in the previous page, it will be better to include team info on website for transparency, people don't trust faceless project that much and I see this project looks very different and interesting,
I like the idea of staking and earning passive income, my only problem is trust, and the governance token supply is just 3 million pegged at $10 each, if the team can build a good hype around this token, it will sell out within minutes on uniswap, so I suggest you up your game regarding marketing.

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