Update on the Swachhcoin Token Sale

Hello Community!
I would like to take this opportunity to update you all on the progress of the Swachhcoin Token Sale and the recent strategic changes.
Firstly, The currently active Tokens Sale Growth Phases makes all the contributors become eligible to receive 3X Bonus Tokens for HODLing their tokens for a period of 3 Months. Hope you all make the best use of this opportunity.
Secondly, as specified in the Swachhcoins White Paper, the Hard Cap of the of the Token Sale is set at $18,000,000. This is the maximum amount of funds we believe the project needs in order to successfully launch the platform and support its growth. There is no truth in the rumors doing the rounds that we have increased the cap of our token sale to $33,000,000. Our Hard Cap has and will remain the same.
Thirdly, Over the last weeks, 44% of pledges to purchase Swachh tokens have been in the listed currencies on the website. We have had a lot of concern from early investors about how the volatility of USD/ETH exchange rate could put them at a disadvantage. The concern has been around the scenario that if the price of ETH/USD were to increase during the Token Sale period then earlier stage purchasers would be penalized for buying SCX tokens at an unfavorable price in comparison to later stage purchasers.
Taking this into account and to provide as much transparency as we are updating you with more details:
- The Token Sale hard cap is $18,000,000, fixing the value for ETH at $600 for our entire sale phase.
- The Swachh token price in ETH will be calculated according to the schedule with different bonuses availed at various stages of the sale.
There are three scheduled rounds, namely, Growth Phase, Blossom Phase, and an Executive Phase. The tokens corresponding to various stage token prices can be calculated at the Contribution page during all rounds. The price of a token in USD keeps increasing with passing phases.
We believe that this is the fairest strategy for all token purchasers and the project. If you have any questions or concerns about this strategy then please visit our Telegram group and our team will be more than happy to hear any of your concerns and answer any of your questions.
Also as you can see, we’ve been focusing a great deal on building out our foundation, our brand, and our product (SwBIN) — and we’re ready to show the world what we’ve done. So starting this week, you’ll also see more about us out there in the market — we are increasing our presence on social media, and starting to reach out to larger audiences. In short, Swachhcoin is open for business, and we are starting to tell the world about it.
We encourage all community members, application developers, and coin holders to be a part of our growth — through the development of applications and through the improvement of our processes. We want to hear from you — because the Swachh foundation can only grow and succeed through the continued support of our amazing community.
As always, we welcome all constructive criticism towards our current and ongoing efforts — we are doing all we can to ensure that Swachhcoin is a top protocol blockchain of the future, and we know we need your help in getting there.
Make sure to sign up for our newsletter to stay on top of all Swachhcoin news and project developments!
Thank you so much for your continued support!
Aditya Kumar
CEO
Join our Community here:




