Swace - blockchain-based social gaming platform
Swace is implemented on the principle of a paid social gaming platform, which enables companies to interact with the target market on a platform under control and for rewarding their users. The application has a significant level of potential, given the size of the market by it and working with the constantly required target audience.
Platform creators use the ERC-20 standard from Ethereum as the basis. Any wallet that supports ETH can be used to purchase cryptocurrency. Ethereum scalability can be best adapted to the needs of users and provides safe operation on a fast and easy-to-use platform.
Work on the platform is built on the following principle. On Swace, there is an administrator with balance to regulate the internal economy of the project. Each brand also has its own cryptocurrency. As a brand opens the game, artificial intelligence selects participants. A brand invests a certain amount of tokens into this task, where they are frozen and remain under reliable protection. To participate in the game, a user should deposit his/her own part of the money from wallet. Thus, the remuneration fund is summed up, with a specific share allocated for reimbursement of expenses to the project. When the conditions of the smart contract are satisfied, the reward fund is distributed among the users who participated in it.
The main advantage of Swace is the implementation of the project on the blockchain, which ensures transparency and safety of work. An innovative, decentralized ecosystem at the community level ensures the integration of third-party services and products. The business model of the project is built on commission for transactions and payment for partnership with the brand.
Using Swace platform is beneficial for all levels of participants. So, users get the opportunity to receive a reward for brand promotion as well as various prizes. The platform allows earning money with pleasure.
In turn, companies receive a unique media channel for advertising their products, a high level of communication with consumers.
For calculations on the platform, SWA tokens are used. The price for one token is 0.02 dollars. Of all the released tokens (2.7 billion SWA), 55% were allocated to crowdsale, 3% - to the project partners, 12% - to the team, 23% - to marketing expenses, and 7% - to the bounty campaign. The minimum amount for participation in the project is $100. The softcap of the main crowdsale is $3 million, hardcap - $23 million.
Swace plans to invest in the project (43%) and corporate development (23%), marketing campaign(18%), legal (11%) and unforeseen (5%) expenses.
Swace began its existence in 2015 and currently has proven itself to be a reliable partner in England, Lithuania and, as a result, throughout Europe. Now Swace is being implemented in America. It should be noted that Swace works using the latest technologies, such as iOS and MVP. By the end of the year, it is planned to introduce Swace in Russia and Asian countries, gradually embracing the whole world. In a full web version, the Swace project will be available by the end of 2018.
Thus, Swace is a social gaming platform based on the blockbuster platform, where users are rewarded for participating in the promotion of brands. The project has a convenient interface and will be understandable to any user. The price of crypto currency is quite competitive, which ensures the availability of the project for different target audiences. Given the success of the project in pre-selling the Crypto-currency (the pre-ICO hardcamp level of $ 2 million was achieved much earlier than the deadline), we can consider Swace a worthy application for brand promotion. An affordable media channel and a wide market coverage around the world will contribute to the prosperity of Swace.
Home Page: https://swace.io/
Whitepaper: https://www.swace.io/downloads/Swace_Whitepaper.pdf
#Twitter: https://twitter.com/swaceapp
#Facebook: https://www.facebook.com/swaceapp/
Bitcointalk ANN thread: https://bitcointalk.org/index.php?topic=3675646.new#new
All picture and video rights belongs to: Swace
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Author: https://bitcointalk.org/index.php?action=profile;u=1050687
ETH address: 0x99E35e87FBD106DBf6fEA82D5b118a3CA4B91A23
Timestamp: 28JUN2018 08:00UTC
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Text Uniqueness: 100%
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I absolutely love that principe of a paid social gaming platform, may truely distract the industry
Me too. I believe this will become our future soon
Looks like a very interesting project, very well explained!
Hopefully this project will gain a large audience . And i like your review of this project . Followed! :)
Thank you for feedback, really appreciate :)
Great project! I liked your review - clear and the main idea of the project is easy to understand. Thanks)