This article will cover some of the basic elements of Swachhcoin and their layout plans in carrying out a successful public token sale.
4th September 2018, Swachhcoin, A Decentralised Waste Management Ecosystem, which aims to be a global leader in providing robust technological solutions to waste management sector has launched its Token Sale “Growth Phase”. Swachhcoin announced the commencement of it’s Token Sale “GROWTH” Phase where all the participants will receive a 22% Bonus and will also be entitled to receive 2X Bonus upon HODLing their tokens for 3 months.
Firstly what is an ICO?
An Initial Coin Offering, also commonly referred to as an ICO, is a fundraising mechanism in which new projects sell their underlying crypto tokens in exchange for bitcoin and ether. ICOs are a relatively new phenomenon but have quickly become a dominant topic of discussion within the blockchain community. An ICO typically involves selling a new digital currency at a discount — or a “token” — as part of a way for a company to raise money. If that cryptocurrency succeeds and appreciates in value — often based on speculation, just as stocks do in the public market — the investor has made a profit.
ICO Market Statistics
In the summer of 2017 alone, more than $100 million USD were raised each month² through token sales, with the top handful of ICOs raising well above $50,000,000 USD. Notably, STOX smashed the ICO fundraising and the are a proud partner of Swachhcoin.
Swachhcoin Crowdsale
In this bear market period, swachhcoin team has considered lots factors of the token sale, and why have some ICOs experienced greater success than others? This is why it decided to list on LATOKEN EXCHANGE one of the best Exchanges in the cryptocurrency market according to Coinmarketcap with its token(LA) doing great in the marketplace.
Some tokens are reserved for other project stakeholders such as founders, project team members, and managers but to avoid massive dumping from the founding team as soon as the tokens are listed on exchanges which hampers the natural price growth. The tokens allocated for the teams will be locked in smart contract, thus completely eliminating the possibility of mass tokens dump.
Anyone can purchase swachhcoin via LATOKEN EXCHANGE and can do so through cryptocurrencies (such as BTC, bitcoin Cash, ETH, tron, Monore, litecoin, EOS). Token buyers can use the token for participation in the token project or trade the token for another currency when swachhcoin is fully launched in different exchanges.
Swachhcoin’s Token Sale will be carried out in different phases. The current Token Sale phase, named “Growth Phase”, and each phase offers Discount to participants.
UPCOMING PHASES AND EXCLUSIVE DISCOUNTS
Token Allocation
400 Million Total number of Tokens
69% Crowdsale
4% bounty
9% team
3% Philanthropy
8% Swachh Vault
7% Advisors, Partners
ASSET ALLOCATION
5% Blockchain development.
5% Marketing.
10% Treasury.
10% Working Capital.
70% Platform and model plant development.
Additional Information:
Total Supply: 400 Million
No of Tokens for Sale: 276 Million
Token Protocol: ERC20
Token Utility: Swachh Tokens are 100% utility tokens and will remain that way. The Swachhcoin aims to provide as many utility and use cases as possible to the token holders.
Value Appreciation: The value appreciation or depreciation of a cryptocurrency, just like any other commodity theoretically happens on the simple supply and demand model. The more the demand and lesser the supply, greater the prices and vice versa. Once the fully hit the cryptocurrency marketplace the price of token will be independently on their products and current market situation.
Why you should join the Revolution crowdsale: Crisis can happen in any organisation at any time for numerous reasons. Some can be foreseen and others not. There can also be numerous accountable and unaccountable factors that can contribute to it. Swachhcoin has thought of every single factor clearly and how this token will come out on top in the 2018 ICO's sale.
- Product buyer will be able to receive the goods and services produced by the waste processing industries at a cheaper price in tokens compared to the traditional fiat currency. This will create the demand for tokens which can be fulfilled from various exchanges.
- Waste processing industries will use a part of the tokens received from the product buyer to
award monetary incentive to the domestic households as well as sell the other part on the
exchanges to meet their day to day operation and profitability. - Domestic households will be able to sell the rewards received for proper waste management
on the exchanges as well as use them for various utility purposes offered by Swachhcoin. - Paying for availing decentralised advertisement services.
- Token Holder will be able to use their tokens to exercise voting rights on the platforms, including taking part in decisions related to top tier management.
- Swachh tokens will also be used for micro payments at increasing number of merchants at various geographic locations globally.
- Product buyer will be able to receive the goods and services produced by the waste processing.
Note:
In order to ensure your participation in token sale, register on LATOKEN EXCHANGE.
Overall Token Sale Soft Cap is 5 Million USD.
Prices fixed for various accepted currencies will be announced at the time of token sale.
Distribution of tokens will be done within 7 days of end of token sale.
Recommended ERC20 wallets to receive tokens: MyEtherWallet, Metamask, Mist. please you are advised not to use ethereum wallet belonging to LATOKEN during the token sales.
Token sale will end as soon as the Hard Cap is reached even if all the tokens have not been sold.
Token sale may also end as soon as Allocated tokens are sold even if hard cap is not reached.
ALL UNSOLD TOKENS WILL BE BURNED.
Conclusion
Swachhcoin is an ambitious project with a disruptive vision, which, with sufficient scaling, has the certain ability to change and improve the world around us. This project aims to completely change the waste management industry. With wider acceptance, this project deserves more attention because it solves real life problems and promotes good healthy living, environment and we'll see this token flying soon. The Swachhcoin blockchain will empower several private companies and investors undoubtedly, swachhcoin has solved the waste management problems all over the world including the United States, to ensure that anyone lives in a better world.
For more info on this project sales, please visit the link below:
Website: https://swachhcoin.com
Telegram: https://t.me/swachhcoin
Twitter: https://twitter.com/swachhcoin
Facebook:https://www.facebook.com/SwachhCoin-356957991424506/
For further details, refer to Swachhcoin Whitepaper.
In case of any discrepancies or further clarification, send a
mail on info@swachhcoin.com