Has anyone else checked out Swift Demand? I just signed up and already collected my 100 "free daily swift" and another 500 in my first referral fees. You can earn more by selling products and/or services in their Marketplace.
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Ed Kirwan
Published on Feb 25, 2018
92K SwiftDemand Coin Learn How to Make Money With Swift Demand ICO.
Login everyday to get 100 Swifts, sell products, make more...
Swift Demand, in simple terms is a program and project that wants to provides a basic income for all. In more formal terms the Swift Protocol is a DAO-based protocol that implements a Universal Basic Income (UBI).
This video shows you how Swift Demand can work for you at absolutely no cost while you build a steadily growing Universal Basic Income.
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FAQ:
Is There A Limit To How Many Unclaimed Swifts I Can Have?
Yes, the current limit to unclaimed swifts is 7x the daily allowance of 100 Swifts. This means that if you can't go over 700 unclaimed swifts and will be unable to gain more unclaimed swifts until those are claimed.
Are Swifts Tied To Real World Currency?
No, Swifts are not tied to real world currency in any way and do not represent a specific amount of currency or value of any form. Swifts are only worth as much as someone else is willing to pay for them.
What Are Vendor Accounts?
Vendor accounts are business accounts which allow transactions to be more easily managed from a buisness point of view. Each vendor account must be associated with exactly one normal owner account. There is no requirement that vendor accounts must be associated with a registered business. If you wanted to set up a lemonade stand and create a vendor account to accept swifts, you may.
How Are Vendor Accounts Different From Normal Accounts?
Vendor accounts are not user accounts and thus do not generate any swifts by themselves. In the future a feature may be added to allow vendors to be rated to let users know whether or not a particular vendor is trustable.
How Will You Ensure Each Person Has Only 1 Account?
Additional personal information will be required for users to create accounts in the future to ensure the identity of an individual and to prevent them from creating additional accounts. Old accounts will also require you to update your information to continue claiming your swifts. Accounts found violating the terms of service will be promptly suspended and swifts will be deleted. Anyone found breaking the rules will receive a 1 year ban from being able to receive swifts. Be aware that in the early days of the site while Swift Demand is focusing on growth there may be the possibility for more abuse until we have the means to verify identities.
Will The Transaction Fees Stay The Same?
Transaction fees may raise or fall depending on how much it costs to maintain Swift Demand. All fee changes will be announced at least 1 month before they are implemented. Personal friend to friend transactions may eventually become free in the future as well.
Chargeback Plans
How Are Chargebacks handled?
Warning, there is no current built in chargeback system in place. This will be added after Swift Demand becomes more established. If you have a dispute you wish to address please use the contact form and include all details for your situation.
Chargebacks will be handled differently depending on the specific situation. When a user or vendor claims fraud has occurred the specific case will be looked to and solved on a case by case basis. Here are the following situations and process for each one:
The resolution is solved and the user is at fault: Swifts will be returned from user to the vendor, if there are insufficient swifts then they will be drained from the basic income until the debt is resolved.
The resolution is solved and the vendor is at fault: Swifts will be returned from the vendor to the user. If the vendor does not have enough swifts to fulfil the return then the vendor will be shut down and swifts will be drained from the vendor’s personal account if the vendor is not an official company. If the vendor is an official company and refuses to pay their account will be shut down and not be allowed to operate again unless they repay the debt. The swifts will be returned through the 3% transaction fees that were payed to Swift Demand.
Vendors will have different levels of clearance. Vendors with low clearance will be required to hold a certain amount of funds in their account in the case of chargebacks. Fraud on a large large level (Several users sending money to a fake company, the face company transferring money to other users, and then all users doing simultaneous chargebacks) will be treated as fraud. An investigation will be conducted and all accounts found at fault will be shut down. Non-connected accounts will be charged by having the money taken out of their account immediately or if the money is not available it will be taken out of their daily money or new money they receive. Money that can not be recovered will be taken out of our 3% fee. Vendors with high clearance will be identified with high levels of scrutiny and will not be required to hold the same amount of funds.
In the event that there is a conflict between two users an investigation will be started and we will attempt to resolve it. The same system for recovering money will be done as if it was a vendor and a user.
Vendor Plans
How Can I Link Swift Demand Into My Site?
Currently there is no existing API to link Swift Demand into your website. We are currently planning on developing an API so vendors can easily accept swifts as a payment for a product or service. Swift Demand links will work in a similar way to how most vendors currently use Paypal / Stripe.
Cross Region Plans
Are All Swifts Equal?
Different countries will have their own swifts since the concept of SwiftDemand is basic income it unfortunately doesn’t work on a global scale. The average person in a third world country makes a vastly different amount of money than a person from a first world country. Making all swifts equal would devalue them for people in first and second world countries making them effectively worthless. We also do not want to leave out people in Second or Third world countries either since SwiftDemand should be able to be used anywhere. The solution to this is to have different categories of swifts. The GDP per Capita in your country will determine the swift type that you receive. Separate countries that are close in GDP Per Capita will receive the same type of swift. While SwiftDemand is in beta we will give everyone the highest quality swift now to get the service started.
When Swifts Are Region Split Will My Swifts Become Worth Less?
No, during the initial transfer of swifts from generic to region based you will be able to select the region of swift you wish to convert your swifts into even if you are not from that region. However after the switch you will only receive swifts from your specific region.
Will I Be Able To Trade Swifts Across Regions?
After a region split occurs there will be a built in market to allow people to trade swifts between currencies. The prices of each type of swift will be dictated by the free market.
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"Girl's Circle" was created by here @thethreehugs on Steemit for the purpose of empowering females. 40% of the proceeds raised from this series of articles will be donated to @family protection in support of this more than worthy cause. 10% of the proceeds will be used as rewards for our writer's. This will be split between the "chosen articles" which will be featured in a new article after the payouts for each of #thethreehugs posts. Each week we will feature what we consider "the best" posts in our articles. All "worthy" posts in this category will be upvoted and resteemed by @thethreehugs. If you wish to write "female empowerment" articles, please tag your articles #girlscircle. When you are writing these articles please keep in mine that @thethreehugs stands for the joining together of mind, body and spirit.
If you have posts you feel will help empower females, please feel free to post your links here!!
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What Is @familyprotection? What Are The Rules? How Do I Donate?
@familyprotection was started approximately 3 months ago. If you are concerned about where these funds are going, please take the time to read this post:
We are Family Protection, Keeping Families Safe, Together
@markwhittam grew up in the care of CPS and then many years later he and his family had to flee their country under threats from the state to take their child because they home schooled.
Linda, @canadian-coconut, started @familyprotection because she has helped several families who have been torn apart at the hands of the legal kidnappers aka. Child Protection Services.
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It is up to us as a Community to uncover the truth and spread this truth worldwide!
If you or someone you know have children that are now wards of the state and/or government, we encourage you to share your story. If you are an underage youth caught up in this insane cycle of abuse and control..Please share your story..If you have friends in abusive situations..Please have them share their story. We here at steemit.com have caring people that that are willing to help you in anyway we can.
If you wish to donate in support of this project, please do so by sending your donations in the form of Steem, Steem Power and or SBD to @familyprotection
Show your support for @familyprotection, @markwhittam, and @canadian-coconut by visiting their blogs, leaving comments revelent to this most worthy cause, upvoting and resteeming as many of these posts as you feel drawn to do.
Before-using-the-familyprotection-tag-please-read-this
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MAHALO FOR YOUR SUPPORT!!
The City's Yours Lyrics (Annie 2014)
