Benefits of Participating in Swachhcoin EAS

Swachhcoin
4 min readJul 24, 2018

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Contribution Page: https://swachhcoin.com/eas

Swachhcoin token circulation

The primary aim of Swachhcoin is to introduce a new approach to waste management activities through the creation of a token to serve as a remuneratory incentive to domestic households for their waste management activities. This indicates that the economy revolves around the waste management industry. Essentially, there are three primary parties in the Swachhcoin token economy, and they include:

1. The Product buyer who has the opportunity to get the goods produced or services offered by the different waste processing industries at a reduced price in tokens as compared to the cost of purchasing with fiat currency.

2. The Waste Processing Industries that will use a proportion of the tokens gotten from product buyers to reward the domestic households with some form of financial incentives, and also put the remainder up for sale on the exchanges to use the proceeds for running their daily operation and for profits.

3. The domestic households will also be able to put the rewards gotten from the waste processing industries up for sale on the exchanges, and also use them for other utility purposes made available by Swachhcoin.

Demand for Swachh Tokens

The demand for digital currencies, more often than not, is dependent on the utilities offered. Swachh tokens are complete utility tokens, and the Swachhcoin platform aims to make as many utilities and use cases available to the token holders as possible.

A cursory look at the utilities shows that they primarily have to do with finding solutions to everyday problems, and also as the means of settling payments on the platform.

Some of the primary utilities of the Swachhcoin include:

1. Rewards for proper waste disposal are awarded in Swachhcoins

2. Swachhcoins are used for the purchase of outputs of waste processing companies

3. Swachhcoins are used to make payments for decentralized advertising

4. Tokens can be used by holders to make donations to their desired organisations and can also be donated to special circumstances.

5. The tokens can also be used by holders to vote on the platform when the need arises

6. The tokens can be used to introduce a proposal to include an organisation as one of the NGOs eligible for the philanthropic activities of Swachhcoin.

Benefits of Participating in Early Adopter Sale

Now is the best time to purchase Swachhcoin’s as the Swachhcoin Early Adopter Sale is live and is scheduled to run through till July 31st. The Hard Cap is fixed at 2 million USD. The EAS provides community users with early entry and a very attractive bonus feature. Contributors can head on to https://swachhcoin.com/eas.

The sale will last for two weeks, and there are a couple of benefits for users who purchase in the EAS. For instance, the accounts linked with the participants of the EAS will permanently receive 20% discount for advertising content on SwBin. In addition, participants get a 30% discount for their participation in the first week of EAS, and the discount will reduce to 25% in the second week.

The participants of the Early Adopter Sale shall have following exclusive benefits:

  1. A massive 3X Bonus Tokens to the Early Adopter Sale participants upon 6 Months HODL: This means that all the participants of the Early Adopter Sale shall receive 3 times the tokens they bought in the Early Adopter Sale, as a Bonus, if they keep all their tokens in the address they were sent to during token distribution for a period of 180 days.
  2. 30% Discount: All the participants of the Early Adopter Sale will receive 30% discount upon participating in the first week of Early Adopter Sale. The discount will decrease to 25% in the second week.
  3. Lifetime 25% Extra reward: This means that all the accounts associated with participants of the Early Adopter Sale will receive 25% extra reward compared to other users on the platform, forever. No other terms and conditions attached.
  4. Lifetime 20% Discount on Advertisement: This means that all the accounts associated with the participants of the Early Adopter Sale will receive 20% discount for advertising content on Swachh Bins compared to other users on the platform, forever.

Earlier this month, Swachhcoin announced its partnership with the ‘Komorebi’, an alliance comprising of highly promising current ICO projects with unique and groundbreaking features. The vision of Komorebi Alliance is to create a multi-utility platform which integrates and provides the services offered by its participant members in an easily accessible manner. Some of the other members of this alliance are Ingot Coin, MFChain, BolttCoin, PTRT amongst others.

The first look of Swachh DApp, the revolutionary UI for effortless waste disposal was released on 15th June to receive community-wide appreciation. Latest updates about Swachh Bin R&D will be released soon.

Thus, prospective holders should endeavor to purchase as many Swachhcoin’s now that it is still at a discounted price, and so they can also enjoy the several benefits made available to early actors.

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Swachhcoin

Aiming to implement & validate a system integrated w/ blockchain providing a robust, sustainable and efficient solution to revolutionise the waste management.