Many of us as we go through life are on the look out for what to do with those extra amounts of hard earn cash, leftover after we've paid for our monthly necessities. The sensible ones amongst us, instead of blowing it all on extravagant vacations or the latest technology, seek out various investment opportunities. Obviously, the simplest of these is a savings account at the bank. However, investments such as this, bring only low returns. Much more tantalising and profitable investments, such as real estate or shares in big companies, are generally out of reach of the average investor, due to the large sums of money required to access them. Things it seems are though about to change with the advent of Swarm Fund.Swarm Fund is a new way to invest. The core concept of Swarm Fund is that ordinary people can buy Swarm tokens.
These give access to the Swarm network, which is populated by many other Swarm investors and experts. Once in the network, the investor can decide on which of the possible projects offered by other members of Swarm Fund to invest in Each member in Swarm Fund will be rated based on historical performance and so each investor can have confidence in the project that they are investing in Swarm Fund greatly reduces fees as assets can be obtained directly thus cutting out the middleman. Profits made by investing Swarm tokens are then returned in the form of SUN tokens, which can be re-invested or cashed out As with any ship, in order to get it sailing, there needs to be an initial investment.
In Swarm Fund this will be by means of an Initial Coin Offering (ICO), which will have a series of phases, but in essence will be an auction, looking to raise $55 million USD through the sale of 33 million Swarm tokens. Overall, the Swarm Fund intends to bring $1 trillion of real assets into the scope of average investors by offering a model where they can pool their resources to invest in investments offering high returns and also have a say in governing the investment platform.
Swarm Tokens
The SWARM tokens are created for the community to manipulate a marketplace infrastructure for a miles better pool of belongings working at the Swarm Application Community. The preliminary provide of SWARM tokens is dimensioned for an asset pool of $5B in worth.Because the capital deployed into the Swarm Application Community surpasses the brink worth of $5B, the Swarm basis can factor tokens at a hard and fast charge (three.five%) relative to the quantity of capital raised. For instance, $100mm of fiat will authorize the introduction of three.5mm new tokens. The speed (however no longer the brink worth) is also adjusted periodically by means of Swarm’s governing our bodies. The Swarm basis might use this for sustainable long run financing and building price range.
At release, Swarm will have already got the whole governance fashion for the community working. Further bylaws of the Swarm group are anticipated to practice the DCO fashion established on the Stanford prison summit with some adjustments to be determined upon by means of our prison advisors. A basis representing this fashion will likely be established after the contribution duration is entire. This will likely occur by means of an incentivized bounty supplied to the primary prison workforce who is in a position to enforce the basis fashion with the best integrations.
The Swarm Team
Swarm introduction video:
More information:
AnnouncementWebsite
Whitepaper
Github
Telegram
Slack
UltimateSky
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