THE MONSTER OF EXCHANGES,SWAPZILLA

INTRO

SwapZilla is a next-generation,high-tech trading platform, equipping traders with improved options via utilizing Blockchain, Artificial Intelligence and Machine Learning for trading, analysis, predictions. SwapZilla is a unique solution that revolutionizes cryptocurrency trading.
It is powered by the swapzilla token.

THE SWAPZILLA TOKENOMICS

The SwapZilla token, with the known ticker (SWZL) is based on the Ethereum ERC20 standard, which is one of the best blockchain standard in the Cryptocurrency industry that has withstood the test of time. There would only be a maximum circulating volume of thirty million tokens.

Token Function

50% Discount on all SwapZilla Commissions. A SwapZilla user who bought 1 SWZL from another holder for $2.5 will now be able to pay for a $5 commission.After receiving the tokens from a user, SwapZilla will burn them, reducing the overall supply and increasing the value of the token.
Discount on transaction commissions.
Discount on the broker's trading commissions.
Discount on exchange service commissions.
Early access to new products.

Total number of tokens: 30 million
Type: Utility
Ticker: SWZL
Price: $1/SWZL
Min amount: $ 1
IEO: 90.5% (27.15 million tokens)
Team: 7% (2.1 million tokens)
Bounty program: 2.5% (750,000 tokens)
Softcap: $ 2 million
Hardcap: $27.15 mil

Token IEO Unlocking

Tokens sold during the IEO would be on lockup until the Initial Exchange Offering end.
The process of "unlocking" tokens will be conducted in three stages.
Stage 1:Token holders do not have any voting rights.
Stage 2:Token holders do not own any capital in the company.
Stage 3:Token holders have the right to make transactions using tokens.

Token Burn

Upon successful completion of IEO, all unsold tokens will be burned. No additional
emission will be made.

FUND DISBURSEMENT

The Swapzilla team, being an honest entity is transparent on the usage of IEO funds. Below is the breakdown.
72% dedicated for fund arbitrage turnover, margin trading turnover, and initial liquidity for the platform.
15% for personnel hiring additional members of the development team, purchasing equipment, developing trading system core, as well as developing the information and analysis module. Significant costs will also be associated with the servers to ensure the fastest possible issuance and execution of
orders for our customers.
10% will be for marketing costs- strengthening the marketing team, taking
measures to increase awareness of our platform on the crypto market, and
attracting new customers.
3% will be for the support of the legal framework.

Token Purchase

Token purchase during the presale would be on www.swapzilla.co, and also during the IEO crowdsale on the external cryptocurrency exchange, Vindax and Latoken.If the soft cap is not reached, all collected funds will be returned back to investors. If the hard cap is not reached, all unsold tokens will be burned.

Lock-Ups

Tokens that are designated for crowdsale will be locked until May 8th, 2020. Tokens that are reserved for the bounty program will be locked until June 7th, 2020. Tokens that are reserved for the team will be locked until July 7th, 2020.

EPILOGUE

SwapZilla IEO was Sold Out successfully! 🚀 We are proud to announce that the sale has achieved its goal by raising $1,896,000!
We have listed the SWZL token on Vindax and Latoken ⚡️

☑️ Official announcement: https://t.co/LF6J96O1vF https://t.co/H7cQj8Kvp1

Stay tuned for more exciting news. Keep intimate with these social media outlets.

About the Author
Joseph Johns is a successful Emergency Medicine Physician and an ardent cryptocurrency and Blockchain connoisseur
Altscointalk Username: Jaephoenix
Altscointalk Profile: https://www.altcoinstalks.com/index.php?action=profile;area=summary;u=11461