Swissborg ICO - Should you invest?steemCreated with Sketch.

in cryptocurrency •  7 years ago  (edited)

Swissborg ICO - Swiss banking on the blockchain

Note: The last date to invest in this ICO is Jan 10th

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This is one of the projects I have been watching very closely. The current ICO provides you with voting rights and its rewards model is similar to Steemit. The next ICO planned in Q1 2018 (Cryptallion) is the one I'm keen to jump on - it will be a diversified crypto-investment hedge fund. Overall, less hyped ICO but there are no other projects similar to them which offer a comprehensive solution for crypto assets so there is a strong opportunity here.

What does it offer?

Swissborg aims to create a decentralized and democratic ecosystem for management of crypto assets with the guarantee of Swiss quality of banking. Being based in Switzerland may definitely encourage investors. It will provide B2B / B2C crypto wealth management products and services using AI optimization, swarm intelligence and automation to improve strategy and governance.

CHSB token holders will have priority access to all of its products - one of the main reasons why I invested here

What looks attractive?

  • CHSB tokens provide holders to generate a referendum token giving them the ability to choose the direction in which the network will be developed - participation will be rewarded with ETH or CHSB tokens (Proof of Meritocracy model)

  • The Swissborg team has a cumulative experience of 90+ years in investment banking plus strong entrepreneurial background - most team members have over 25 years of experience in global banks and asset management companies

  • Based in Lausanne, Switzerland; also a member of Swiss Finance Startup association among others

  • There are 8 advisors attached to the project, probably the most notable being Miko Matsumara of Pantera Capital

  • Rated 4.3 on Tokentops; telegram chat has over 4500 members - so less hype in the market but I think it’s a solid offering. I know a lot of people interested in their crypto-investment fund due to launch soon

  • CHSB token holders will have priority access to all products launched by Swissborg

  • Roadmap: In 2018, Swissborg aims to launch 3 token indexes, 1 off-chain and 1 close-end cryptallion fund in H1 2018. It will also offer financial services on the Swissborg platform, invest in R&D, business development. In 2019, the focus will be on financial services and 2020 is planned to expand into advisory function. Finally, in 2021/22, Swissborg aims to get fully regulated.

How to invest?

Token supply

  • Hard cap of 50 MN CHF
  • Fixed supply of 1,000 MN CHSB
  • 65% OF tokens will be distributed, 20% for the team and 15% reserved for future development

Update: Swissborg just announced a partnership with EthLEND - LEND has been growing at a phenomenal rate since its listing so this is a important update from the team!

Happy investing!

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More reasons to register: Swissborg has also partnered with Bounty0x and confirmed listing on Hitbtc on Feb 1st!

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It is a good project with a future ahead.
I am in from after the ico phase.
The new app is interesting!