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Switcoin

The Cryptocurrency With Its Own Ecosystem

Switcoin is an utility token with its own blockchain that increases its demand autonomously by matching users with similar interests through a social media app and monetizing their meetings. Switcoin offers completely new advertising opportunities with a response rate of 100%. The money generated by its ecosystem will be invested into Switcoin cryptocurrency. Switcoin will enable cheap and fast microtransactions due to its own blockchain based on Go Ethereum Iceberg with a Proof-of-Authority consensus algorithm.

3.1
2 1 expert rating
Benchy 3.5
Experts
2.0
1.0
1.0
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Ended
Token
SWIT
Price in preICO
1 SWIT = 0.01 USD
Price in ICO
0.0100 USD
Country
Whitelist/KYC
KYC
Restricted areas
China
preICO start
12th May 2018
preICO end
9th Jun 2018
ICO start
30th Jun 2018
ICO end
11th Aug 2018
More on ICO
Report

About Switcoin

Switcoin is revolutionizing the advertisement industry via its location-based Social Media App and its advertisement network.

The past has shown that the biggest problems for cryptocurrencies are the mass adoption and utility of the currency. Since every ICO only ever has a relatively small number of participants we are attempting to solve these problems via our social media mobile application and hereby attracting users for our currency after the ICO has ended.

We developed the Switcoin ecosystem for the mass market. It consist of : 
 Switcoin, the cryptocurrency of our ecosystem,  a social media app for daily usage ,a business model that enables value appreciation of the Switcoin cryptocurrency, our own blockchain based on the Proof-of-Authority consensus algorithm from Ethereum for fast and cheap transactions with energy efficiency in mind

Keypoints of difference for Switcoin
include the following: Switcoin offers completely new advertising  pportunities with response rate of 100%, Switcoin will have a real money
feeling that Bitcoin lacks, Switcoin wallets can be easily managed on a smart phone, Switcoin uses the money generated by its ecosystem and invests it into the Switcoin cryptocurrency , Switcoin has a single-minded team behind it, with a clear focus and vision to implement its sustainable business model with its own ecosystem.

Our social media app is focusing on solving the problems of the traditional social media platforms. The current social media companies enable remote interaction without any personal contact. We at Switcoin are deliberately trying to change this. We believe that we need to go against the trend and build empowering technology that helps people become more socially active beings.

The Switcoin app enables people who live in the same region to arrange a nonbinding meeting at a neutral location. The way this works is that people are able to describe themselves via hashtags and can then be found by other people near them who search for these hashtags. We allow people who have found each other through their similar interests to meet while the application defines a place according to their interests. The users are only able to reschedule the meeting but are not able to change the meeting location since there is no option to contact each other outside of the app.

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ICO KYC Report
2 members invited
Alessandro Holik
Passed
Herbert Holik
Passed
KYC procedure verifies selected/specific team members only. It does not guarantee ICO success nor is a call for investment.
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