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SwiftDemand

SwiftDemand

SwiftDemand is a cryptocurrency company founded in 2017 by Chris Gregorio.

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Contents

swiftdemand.com
Is a
Company
Company
Organization
Organization

Company attributes

Industry
Financial technology
Financial technology
Cryptocurrency
Cryptocurrency
Finance
Finance
Technology
Technology
Blockchain and cryptocurrency
Blockchain and cryptocurrency
Location
San Francisco
San Francisco
B2X
B2C
B2C
0
Founder
Chris Gregorio
Chris Gregorio
AngelList URL
angel.co/swiftdemand
Number of Employees (Ranges)
1 – 100
Email Address
contract@swiftdemand.com
Full Address
700 Taylor St., #304, San Francisco, California 94108, US
Founded Date
February 14, 2017
Business Model
Commerce
Wellfound ID
swiftdemand

Other attributes

Company Operating Status
Active

Swift Demand is essentially an experimental attempt to create a basic income system based on altcoins. According to the idea, each registered user receives 100 Swift tokens daily and can spend them in the platform’s internal store, trade with other people, and in the future, withdraw them through the exchange.

Features of the Swift Demand system:

Every day, all users of the system are simultaneously credited with the same number of Swift tokens. You must log into the site every day and collect your coins. Coins are waiting for you for a maximum of 7 days, after which they burn out;

accrual of 100 tokens is relevant until the exchange rate settles down. If there are too many coins and inflation starts, the number of issued coins will also be regulated until it reaches the appropriate proportion;

additional tokens can be obtained for attracting new users. But, when the number of registrations reaches 5 million people, referral bonuses will be disabled;

an internal store where you can spend your tokens. Accordingly, in addition to the accounts of ordinary users who receive daily tokens, there are accounts of sellers who can sell their goods, services, etc.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date
No Further Resources data yet.

References

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