TheArtToken reaches $16mm Funding Goal. Invest with Crypto & 30+ Fiat Currencies on Swarm.
Welcome to your Swarm Newsletter for January 10th, 2019
You can now use your USD, EUR, CHF and other fiat currencies to invest via the Swarm platform
Now that Swarm has integrated with MercuryFX — a trusted global currency specialist — investors can commit USD, EUR, CHF, GBP and 30 other fiat currencies to invest in tokenized assets via the Swarm platform. The Swarm fiat gateway opened alongside the launch of TheArtToken (TAT), the newest security token on Swarm. Plans are in the works to add even more fiat currencies, and to do so across all the tokens on Swarm’s marketplace.
Learn more at swarm.fund/fiat-gateway, and read the press release
TheArtToken (TAT) successfully reaches its soft cap of US $16 million
TheArtToken (TAT), a live investment opportunity on the Swarm platform that lets you invest in art, has exceeded its first funding goal of US $5 million in less than a month, followed by reaching its soft cap of US $16 million on January 8th. It appears that the newly announced fiat investor gateway (MercuryFX) activated a new community of investors who contributed to this early success. Swarm’s CEO Philipp Pieper comments “investors seek familiarity and trust, and the offerings from the teams at TheArtToken and MercuryFX intersect on Swarm to bring investors a tangible investment opportunity and the ability to safely invest using their currency of choice.” Check out TheTokenArt (TAT), which continues to be listed on Swarm, while it aims to raise a soft cap of US $4 million in its 3rd and final phase, ending on January 15th.
Read the press release, the Medium blog from Louis Martin and the Steemit blog from Catk
For our Portugeuse speaking community
The official Swarm em Português Telegram channel is now live and active.
Community members acquire 180 Swarm Masternodes and obtain an annual ROI of 28%
Swarm Masternodes (SMN) are in demand. Triggered by Swarm’s momentum in the market place and by Swarm’s lucrative SMN incentive program, interest in acquiring a SMN is growing rapidly. Launched in August of last year, there are currently 180 assigned Masternodes, yielding an annual ROI of 28%. Masternode operators have a say in how the network operates and evolves. This is how we democratize finance. If you would like to run a Swarm Masternode, you’ll find the instructions and an FAQ on www.swarmmasternodes.com. A detailed outline of the process can be found in our blog post.
SWARM IN THE NEWS
ETHNews features Philipp Pieper in an article on Standards Interoperability
ETHNews kicked off the year with an article titled “Moving Digital Securities Forward In 2019: Addressing Standards Interoperability”. It features several thought leaders — Swarm’s CEO Philipp Pieper being one of them — who share their views on the development of security token standards. In the article Philipp explains why and how Swarm created an interoperability-focused security token protocol called Market Access Protocol (MAP). Philipp says “MAP acts as a tool to determine whether a wallet is compliant with securities regulations, and only allows transactions to occur if compliance is verified. Exchanges can integrate MAP to ensure compliant transactions, investors can use a MAP wallet to prove investor status across platforms, and token-issuers can ensure that investors have accreditation. And it’s not just for Swarm’s SRC20 tokens.”
Read the ETHNews article
Forbes quotes Chris Eberle in an article on blockchain’s impact on the billion dollar art market
The Forbes article covers the discussions at Miami Art Week about the growing role of blockchain technology in the art market. Special attention was given to the tokenization of artwork. Swarm’s Chief Operating Officer Chris Eberle, who was a guest speaker at the conference, explains that “Technically speaking, you can tokenize any asset. However, tokenization is mostly used for assets that have real world value, such as artwork. Once these assets are tokenized, they can be made available for fractional ownership.” It means you can be part-owner of a piece of art you may not be able to afford otherwise. Adam Lindemann, an avid art collector who has been studying blockchain technology for over a year now, believes tokenization and fractionalization “are obvious next steps” for the management of art assets, a class that has already earned him millions.
Read the Forbes article & check out The Art Token (TAT)
SWARM UP CLOSE
Meet Swarm’s leadership team at TNABC in Miami, 16–18 January
Swarm’s CEO Philipp Pieper will take the main stage for a keynote presentation at The North American Bitcoin Conference (TNABC) in Miami. Philipp’s talk on January 18 will reveal the sea of change coming to security tokens. Hint: we’re making some big announcements from Miami.
Come and find the Swarm booth in the Exhibit Hall for a demo of our investment website and meet Philipp and other Swarm leaders one-on-one.
Learn more about The North American Bitcoin Conference
Meet Timo Lehes as he introduces Swarm in an OG podcast
Under the banner ‘Exploring the Block’, OG (Original Podcast Network) is hosting a series of podcasts. In December, OG’s CJ Papa spoke with Timo Lehes, Chief Investment Officer at Swarm. In about 15 minutes, Timo introduces himself and Swarm’s value to both fund managers and investors. He explains how auditable, asset-backed tokens bring stability in the tumultuous crypto world, and he shares his optimism about Swarm becoming an attractive alternative for traditional investors.
Listen to the OG podcast with Timo Lehes
Swarm energized by the attention it received at Crypto Pro Miami Art Week 2018
Crypto Pro Miami Art Week 2018 took place in December in Miami Beach, alongside Art Basel where the world’s leading galleries gathered to present their modern and contemporary art. Having just launched The Art Token (TAT) on the Swarm platform, Swarm’s Chris Eberle delivered the keynote at Art Decentralized. He talked about the value of open systems in terms of access, innovation, and a global mindset & the bright future of tokenization — particularly for art lovers. Swarm’s presence also caught the attention of CNBC, Forbes, Fintech Finance, Modern Consensus, crypto bloggers and YouTubers.
STAFF PICKS
Spotted by Philipp Pieper: Gnosis Safe
Swarm CEO Philipp Pieper is intrigued by a new wallet called “Gnosis Safe”. All wallets today are based on EOAs (Externally Owned Accounts), which means you have full control over your account as long as you have your private key. If you lose it or if it’s compromised, your funds are lost too. The Gnosis Safe is a multi-signature Ethereum wallet providing users with a convenient, secure way to manage their digital assets and interact with the decentralized web. It offers multi-factor authentication for transactions, meaning that if one of your private keys is lost or stolen, you can still access your funds.
Find Gnosis Safe on Google Play
Spotted by Philipp Pieper: Facebook Is Developing a Cryptocurrency for WhatsApp Transfers, Sources Say
This article in Bloomberg also caught Philipp’s eye. It says that Facebook is developing a stablecoin that will let users transfer money on its WhatsApp messaging app. The initial focus will be on the remittances market in India, according to people familiar with the matter. While the coins should not be expected anytime soon, Facebook just might be successful due to the size of its user base and their experience in navigating regulatory issues. It would be the first large technology company to launch such a project.
Read the Bloomberg article
Spotted by Philipp Pieper: Crypto-Friendly Statesman Takes Over Swiss Presidency
Swarm’s CEO Philipp Pieper is excited about the news he read in Bitcoin News about Ueli Maurer taking on the role of President of the Swiss Confederation. Maurer used to run the Federal Department of Finance and is widely credited for his policies controlling the public budget. Maurer has shown he understands the changes that are taking place in the financial sector and the need to adopt liberal regulations for the industry built around blockchain technologies and cryptocurrencies. Digitalization is among his top priorities.
Read the Bitcoin News article
Spotted by Alexander (Sasha) Lieders: The Burner Wallet
Alexander found an app that makes it easy to onboard family and friends into crypto — The Burner Wallet. In his opinion the Burner Wallet is the easiest and fastest crypto experience to date. It allows users to send money to anyone in the world in less than 5 seconds without having to install anything on their phone. A burner wallet is similar to cash. It can also be very handy in everyday use even for the crypto-initiated. If, for instance, you share a Lyft or a pizza with a friend and want to split the cost, just shoot their QR code with your camera and it will open up a new burner wallet to exchange value with them.
Check out the Burner Wallet
More information can be found here: Ethereum in Emerging Economies (blog)
Wishing you a happy new year,
Your friends at Swarm
Questions? Contact us at swarm@swarm.fund, in Telegram 24/7, or via the Intercom Support box on the Invest platform.
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