SWARM Fund — cooperative Ownership Platform for Real Assets (past 1st)
Swarm is a fully decentralized capital marketplace platform built on blockchain technology that is entirely owned by the community.
Swarm vision is to allow anyone, anywhere in the world, to participate in the value creation within the crypto asset category and to capture opportunity in new types of assetbacked tokens, anything from distressed real estate to solar installations to rainforest preservation projects and many more. Swarm turns financial opportunities from exclusive into inclusive. Project provide the empowerment, access, and tradability so anyone can take part and have their crypto funds work for them. With Swarm developers will:
1. Make it extremely simple for hands-off, or novice crypto investors to participate in a composite of wealth creation resulting from utilizing the crypto space.
2. Create a viable framework and hub for crypto investors to invest into alternative, asset-backed token opportunities, in order to escape market volatility.
3. Introduce a new alternative liquidity hub for project owners with attractive underlying economics to find capital and engage with the investor community.
Swarm allows experts to run their own syndicates and have other crypto investors join them in projects and deal opportunities, with no middlemen involved. Swarm is building an ecosystem of experts with any kind of edge (track record, trading ability, unique data, unique deal access, etc.) to allow crypto investors to follow and co-invest with them. This changes the mechanics of the traditional fund/GP model, as investments can be as large or small as the investor wants them to be, and they can operate the fund structures very flexibly. Also, it breaks up the syndicates of gatekeepers and rigid structures of institutional capital as it is deployed today.
Crypto investors have appreciated the flexibility and immediate market-making function that tokenization has introduced. Tokens and their underlying smart contracts represent the ultimate opportunity of two parties to come together and interact without middlemen. Part of that is the freedom to trade or co-own tokens. That is the freedom to bring to any kind of asset class. When a participant likes an opportunity running on Swarm they will be able to pool funds together with others and invest as little or as much as they want to realize the project and see the opportunity grow. At the same time, all the projects become tradable asset-backed tokens. Participants can buy or sell these tokens whenever they want, and they decide how long to engage. All trades are made using blockchain technology, making them fast, transparent and secure.
Swarm believe in the swarm intelligence hypothesis that decentralized networks can out-compete traditional centralized entities, and that the trust and transparency embedded in blockchains highly facilitates this. The foundational element of the blockchain is data transparency, which provides a basis for an unprecedented degree of machine-driven methods to generate insights and take actions. Ultimately, with Swarm we envision a degree of investment automation, that helps participants make informed and data-driven investment decisions, while using reputational scores to maintain the health of the market. But automation goes further, where every step of the investment process, from workflows to set-up of legal structures can and will be automated over time, creating an efficient system without single points of failure or control.
Process analytics are usually an afterthought: specialised analytics code is written to process system logs into statistics. Statebox, however, makes analytics a native aspect of the system. All process executions generate analytics which will be reported back to the community. This way the Swarm token holders can make informed decisions and vote on data, rather than feelings.
Every transaction is cryptographically signed and the entire process execution history is visible on the blockchain. Therefore, the execution of a workflow process is auditable and can be checked for compliance.
Normally, processes are written in a syntactic fashion. However, the visual nature of Statebox workflows combined with analytics make it extremely easy to identify bottlenecks and subsequently change the process. Because there is no work needed to go from process specification to the smart contract, there is a very low-latency feedback loop, allowing for quick iterations of the process.
The token distributed during the token launch is known as the Swarm Token, or SWARM. The SWARM token is a standard ERC20 token (on the Ethereum platform) that allows one to use the Swarm software platform. The utility unlocked by the SWARM token is the ability to create subfunds, participate in token offerings of Swarm projects, get access to information that is exclusive to our network, and execute network governance functions. Participation of its members is key to the Swarm platform. Over time, more functionality will be released that helps generate swarm intelligence for the benefit of the network. This follows the model pioneered by Visa, SWIFT, and other consortia where common infrastructure is maintained by member organizations.
Swarm Token Sale Start Date: September 7th — 22nd
Standard Token Issuance: 100,000,000.
Token Sale Target: 33,000,000 tokens up to $55m.
Token Sale Reserve: 32,000,000 via additional minting process to reach max cap $255m.
At Max Cap $255m is raised, 65,000,000 tokens sold while extending total issuance to 132,000,000.
To learn more about SWARM Fund, you need to familiarize yourself with:
Light Paper http://swarmlightpaper.strikingly.com,
White Paper https://swarm.fund/wp-content/uploads/Cooperative-Ownership-Platform-for-Real-Assets.pdf and join the group in
Official website of the SWARM project https://swarm.fund/
happy weblancer https://bitcointalk.org/index.php?action=profile;u=1057545