SWACE IEO To Take Place on ProBit, Shortex and Bitcoinus; SWACE Token to Be Immediately Listed Afterwards on Both Exchanges

Swace
Swace
Published in
4 min readJul 4, 2019

Swace IEO date announced

Finally, it’s here! The Swace Initial Exchange Offering (IEO) for our ALL NEW SWACE token is scheduled to take place on July 15, 2019 on the ProBit, Shortex, and Bitcoinus exchanges. On Probit, a total of 48,722,000 Swace tokens will be made available, whilst Swace fans purchasing via Shortex will have access to 27,000,000 Swace tokens. The Bitcoinus platform will have 5,000,000 Swace tokens in circulation.

What’s more, those of you who take part in the first round of our IEO will receive a 15% bonus on any Swace tokens bought on all three exchanges using ETH, BTC or USDT. Meanwhile, if you buy Swace tokens via ProBit using ProBit tokens (PRBT), you will receive an EVEN BIGGER bonus worth 20%. Those buying their Swace tokens through Bitcoinus using the platform’s BIT token will also receive a 15% on their purchase.

To recap, the newly created SWACE token is a tokenized utility, which has been recognised by the central bank of a European Union member state. Subsequently, it falls under the jurisdiction of the European Central Bank, and includes investor protection measures such as KYC/AML procedures. What’s more, the SWACE token is the underpinning for the RELAUNCHING SWACE mobile app, and gamers can spend their tokens to take part in games on the SWACE platform and earn prizes from partnered brands. From a brand perspective, they can purchase SWACE tokens to spend on their marketing activities via the platform by rewarding players with their products for making in-game progress.

The South Korean-based ProBit and Shortex exchanges were chosen to execute the Swace IEO due to their standing as two of the most successful IEO launchpads, plus their track-records amongst investors of delivering reputable crypto projects,

Probit is also recognized ease-of-use for crypto traders, and the provision of Day 1 token liquidity across crypto and FIAT currency markets. Ranked as one of the world’s fastest crypto exchanges, ProBit, like Swace, is serious about investor protection. It stores 95% of its assets on cold storage, and requires a hardware security key as well as software-based two-step authentication. Its credibility is backed-up by its integrations with a number of global financial markets, as well as accessibility to over 150 digital monies, as well as 20 FIAT currencies.

Meanwhile, Shortex is noted for providing crypto traders with the opportunity to trade even when the market is down thanks to a 50x-higher margin trading for cryptocurrencies. Like ProBit, is gives instant liquidity to IEO-issued tokens. It also protects investors via cold storage solutions, key-encryption, as well as 2FA verification.

Last but not least, Bitcoinus is a launchpad specialising in IEOs, which also gives investors the opportunity to make their purchases in several currencies and immediately convert their tokens into EUR or USD thanks to the liquidity offered via an IEO.

In addition to ProBit, Shortex and Bitcoinus, we also hope to let you know about other partnerships with further exchanges in August.

Ahead of the IEO, the following tables are a comprehensive rundown of the SWACE token supply, the dates and bonuses of the IEO rounds, as well as the Minimum and Maximum Purchase amounts.

SWACE Token supply

With the IEO a handful of weeks away, we are as excited as you are about creating an app that makes crypto-based gaming responsible. However, if you haven’t had time to catch up on our previous blog posts, we urge you to read about the new SWACE token, and what the IEO means for you as a SWACE community member and token holder!

As for now, this is the only information we are able to share with you regarding the SWACE token’s listing and partnered exchanges — as soon as there are any updates, we will let you know first thing! In the meantime, do not hesitate to contact us via the official Swace website, or through our Facebook, Telegram and Twitter channels — we will be in touch with you as soon as we can!

Official Swace token walletsSWACE contract:
0x03b155af3f4459193a276395dd76e357bb472da1Vesting contract:
0x8163b28b0e1b8c9b9fcb338e635bf2590d187744

Main (brands, pre-sale, partners) 0x86bdb6edf1751f93769d1c6faf7efc41e610cad9IEO (initial exchange offer and exchange listing)
0x67223041c089f2388e8bcf9444e389e8b8adf67b

Team (vesting 24/cliff 6 months)
0x1BDaE634B82F48003b04Cacf862ba1E9643dea79
Vesting agent:0x502692709132a978b93b254e0e02863b2ae006a2Foundation (vesting 48/ cliff 6 months)
0xFE01CA663c66240A3AD6A8720553895B8f58220
Vesting agent:0x16c8677f9a7016596d465495abb68f6f43723d9bBounty participants (vesting 6 /cliff 0 months)
0x6d389892dafc83ce50e59a9fbadf4085866bbb42
Vesting agent:0xf890b733bd331b5658372bcc10692c5fff240584

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Swace
Swace
Editor for

Swace is a new challenge-based app which will change the way users and brands interact. http://swace.io