Market

Swash completes $ 7 million private registration round ahead of IDO

According to multiple sources, SWASH completed a private registration round with $ 7 million from major investors before going public later this month.

 

Swash completes $ 7 million private registration round ahead of IDO

The swash team is preparing for the public sale of $ SWASH (IDO) through the Gnosis auction on October 29, 2021. The SWASH token will drive the new swash ecosystem and enable a wide range of solutions, the mission of a fairer, more equal internet comes closer to reality.

The process begins with the opening of access to the whitelist from October 11, 2021.

The Swash team is pleased to announce that the private sale has officially ended, raising a total of $ 7 million in an oversubscription round. The capital increase included top venture capitalists and angel investors including KuCoin, Outlier Ventures and Streamr, with a total of 60 investors from 25 countries demonstrating enthusiasm and confidence in the Swash mission. The project has received an amazing level of interest and support resulting in an overwhelming number of registrations and a lot of excitement ahead of its public auction later this month.

The company is currently preparing to launch its IDO on October 29th, where crypto enthusiasts can participate in the public sale and become owners of SWASH, a native token from the Swash ecosystem.

Via the SWASH. Token

Swash is an ecosystem of tools and services that enables people, businesses, and developers to harness the hidden value of data by aggregating, securely sharing, and monetizing its value.

The SWASH token is based on 4 basic principles: motivation, trading, scaling and management. It will be an integral part of the Swash section, rewarding the members of the Data Union for the added value of their data, while also providing the opportunity to multiply those rewards through staking, product redemption, donation, etc.

Companies can access data in a sustainable and legal manner, and developers can easily configure and build systems within a collaborative development framework.

Swash is a movement to restore data ownership. Swash’s comprehensive data ecosystem will enable real collaboration and at the same time unlock a unique value system through innovative monetization mechanisms. The community that contributes to the system believes that people are valued for the data they generate and should hopefully become part of the future information economy that is for the benefit of all without compromising transparency, privacy or individual institutions.

The browser app enables users to control and monetize their data and sets the tone for the development of a number of other solutions, including enterprise CMI platforms (sIntelligence), build environments (sApps) and IT infrastructure. for data, scientists (sCompute). Swash IDO is part of an ambitious roadmap to shape the new data economy for people, developers and institutions that is supported by a dedicated network of consultants and investors.

Join our Facebook group and Telegram group Coincu News to chat with more than 10,000 other people and exchange information about the crypto currency market.

Important NOTE: All content on the website is for informational purposes only and does not constitute investment advice. Your money, the choice is yours.

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

Recent Posts

Pantera Capital TON Investment Driven To Enhance P2P Payment Capabilities

Pantera Capital TON investment signals confidence in TON's scalability and ecosystem growth amid a bullish…

1 hour ago

Jack Dorsey’s Block Deducts 10% Of Monthly Profits To Buy Bitcoin

Jack Dorsey's Block initiates monthly Bitcoin investments to expand its holdings in 2024.

2 hours ago

EigenLayer Airdrop Is Now Updated After Facing Controversy From Users

The EigenLayer airdrop plan includes distributing 110 EIGEN tokens minimum, with transferability post-September 30, 2024.

2 hours ago

Gaming Excitement Moves to Solana: Why is Crashino the Premier Solana Casino?

Crashino stands distinguished, not only for its cutting-edge platform but also for its groundbreaking acceptance…

3 hours ago

Coinbase SEC Lawsuit Isn’t Over Yet, But The Exchange Remains Optimistic

Coinbase SEC lawsuit is still ongoing while the exchange remains confident, citing recent court developments.

3 hours ago

Coinbase Quarter Revenue Hits $1.64 Billion With Market Excitement

Coinbase quarter revenue in transactions skyrocketed, helping the exchange earn $1.18 billion in profit.

3 hours ago

This website uses cookies.