To date, due to the increase in the scale and complexity of production and commercial activities, there is a growing need to attract more and more additional financial resources. In international economic relations, the movement of loan capital is in the form of an international loan. Its main principles are: recurrence, urgency, security, payability and target character. Particularly acute problems in the sphere of lending are manifested when it is used by small end-users of the financial market. Who do not have similar access to credit resources, like major international corporations and world governments. Small companies and private entrepreneurs are often forced to take out loans on the most unfavorable terms. Compared to large players in the financial market or lending rates in other regions of the world.
The Swapy Network platform will eliminate these financial barriers and fundamentally correct the imbalance. It offers its original and modern solution. Which allows you to quickly, efficiently and most favorably , access to credit.
Swapy Network is a decentralized system that combines three applications to facilitate users' access to cheap credit. This project works with the use of the blockchain system.
- Swapy Exchange. The decentralized application, using modern blockchain technologies and smart contracts, connects international investors from countries with low interest rates, to lending to companies in countries where interest rates are much higher. Thus, while ensuring both maximum profit for creditors, and access to cheap capital for business.
- Financial ID Swapy. Arranges the participants of the platform, giving them a unique financial certificate, which operates at any time in any place on the globe.
- The Swapy Data Market. The Swapy data market transforms the financial data of the user into value for its owners. Participants have the ability to store their own data and choose how many platform tokens they receive in exchange for them. For example, when users want to share this data with other participants.
- Reducing the cost of capital for lending to participants from developing countries.
- Good earnings and rates for creditors.
- Global financial identification for quick access from anywhere in the world.
- The opportunity for platform participants to derive income from the use of rights to their own data.
- Available and cheap sources of financial data.
- No barriers to market entry for companies ready to offer their loans of any size.
Swapy Network will unite different participants in the process: borrowers, creditors, insurers, data producers, personal data of users. All of them will be mutually beneficial to cooperate. Pay for services can be tokens SWAPY, which will give Swapy-users a lot of financial opportunities. Swapy Token allows you to create a financial ecosystem around the services offered, providing access to the network by the owners of tokens. All services offered by Swapy.Network use Swapy Token as the official currency for access to these services.
Name of the token: SWAPY
Standard: erc20
Total number of tokens released: 100 000 000
Number of tokens allocated to the ICO dates: 50 000 000
PreICO start Dates:: 19.03.2018
End of PreICO: 19.04.2018
ICO Start Dates: 26.04.2018
ICO End Date: 26.05.2018
Price of the token: 1 SWAPY = 0,65$
Minimum Contribution: 1$
Accepting: ETH
Softcap: 5 000 000$
Hardcap: 30 000 000$
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Website: https://www.swapy.network/
Whitepaper: https://s3.us-east-2.amazonaws.com/swapynetwork/SwapyNetwork_TokenSale_Whitepaper-EN-US.pdf
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