A Mid Cap Altcoin with 20X Potential
All-in-one CEX, Launchpad, Yield, Swap, Thematics — $CHSB
Given the events of the last year in crypto, I typically avoid Centralized Exchanges (CEX) wherever possible. The harsh reality, tough, is that CEX’s have an important function that cannot yet be adequately addressed in a decentralized manner … fiat on/off-ramps, gasless transactions, user friendly interfaces, simpler interactions. The solution is not to get rid of centralized exchanges, rather to ensure they are transparent, add value, and address the pain points in a simple and effective manner.
Swissborg Overview:
- $CHSB: $0.12
- MC/FDV: $116M/$122M
- Total Supply: 950M after burns to date
- Discount from ATH: -92%
- Over 700K verified users, 113K token holders, and $645M + AUM
- Offers Swaps, Staking, Thematics (funds), on/off ramps, portfolio tracking, Launchpad and VC-style access, lots more.
The Swissborg Platform:
Swissborg began operating prior to the last bull run, and quickly earned a reputation for one of the best user interfaces in the cryptosphere. It gained attention from notable influencers like Ivan On Tech, Boxmining and Martini Guy and saw its token market cap rise to over $1B at its peak in 2021.
Swissborg’s main features:
- Acts as a CEX aggregator which crawls various CEX’s for the best prices and executes trades using it’s proprietary tech in a single click. Currenlty 50 + coins available, and adding regularly.
- Offers a yield program called Earn, which allows users to earn yield on various altcoins. An important differentiator is that Swissborg earns all of its yield with on-chain DeFi, and provides regular transparency reports with full details.
- Stores client funds in segregated institutional grade custody. Although this is not as safe as self-custody, it is a big step up from your typical centralized exchange.
- Easy on/off ramps in various currencies, particularly for European users. US users cannot use the platform, and USD is not supported for on/off ramps ( but is supported for exchanging)
- Thematics: A suite of passively managed funds giving less sophisticated users access to themed funds. First offering is available for “Web 3”, and is made up of 13 altcoins.
- Membership Model with various perks. Tiers range from free (standard) to 20,000 CHSB ($2,400 +/-), with higher tiers offering cheaper fees, higher yields, and privileged access to private offerings through their Alpha program.
- Alpha Program (newly introduced). This is IMO one of the best value adds and reasons for accumulating $CHSB. It offers exclusive access to private and seed sales (most recently the super successful X Borg sale), as well as “distressed assets” at heavy discounts, NFT mints, and more to come.
- Automatic DCA is currently in Beta testing will be going live shortly for all users.
- Debit card coming soon, with banking capabilities, and direct access to spend your on-platform crypto.
The Swissborg Token ($CHSB):
Here is where the Swissborg value proposition gets very interesting. I initially invested in $CHSB in 2020 as one of my first exchange tokens. The ease of use and convenience was what originally attracted me, but the innovation and team behind the project is what convinced me to view Swissborg as an investment rather than just a great platform.
The team is very transparent, has strong funding in place after their recent Series A raise, and has weathered some serious storms in the crypto markets with relative ease. The valuation in 2021 reached in excess of $1B, with far fewer features and value-adds, and without the battle tested status to which Swissborg now lays claim.
The following are the token value accrual mechanisms that I believe set the stage for a potential 20X price appreciation in the coming bull run:
- Protect and Burn: A percentage of protocol revenue is used to buyback and burn $CHSB.
- Demand from growing membership base, which I expect will really accelerate in 2024/25 as newbies look for easy-to-use and reputable exchanges with value-added features.
- Alpha Program: This is a much bigger value add than most realize. Most private/seed/distressed sales are expected to have a portion of purchases made in $CHSB.
- Hero Score: This is a social interaction reward mechanism, heavily weighted to your $CHSB holdings. This is planned to give priority access to the highly sought after Alpha sales.
- Almost fully circulating token … no large unlocks to suppress price.
- Way undervalued vs TVL and active users. A little birdie once mentioned they were actually approached to be bought out during the bull run in the multi-billion dollar valuation.
- Very active and loyal community means a reduced sell pressure.
- Oversold recently due to the removal of the EARN program on $CHSB. This was replaced with the Alpha program, which I believe adds significantly more value, and was also done to facilitate a Tier 1 CEX listing.
Conclusion:
Swissborg is not your typical altcoin degen play. What makes $CHSB so attractive from an investment perspective is the confluence of a great team, battle-tested platform, phenomenal UI, innovative roadmap, loyal community and the unique Alpha Program that will compound the value that derives from the team’s connections in the space. It is my belief that Swissborg not only offers the chance at 20x plus gains during the next bull run, but also a significantly reduced risk profile. Nothing is guaranteed, especially in the crypto markets where every week is a year’s progress, but the risk/reward ratio of a Swissborg investment is tough to beat even in today’s beat down markets.
Good luck out there and see you on the next one!
Sovereign Crypto
Disclosure:
- Swissborg Referral Code (up to 100 Euro deposit Bonus — lottery style)
- I own $CHSB and Series A Swissborg Equity
- Not financial advice
