Swachhcoin
Welcome my dear friends.Not many investors have heard about the Swachhcoin project . Swachhcoin wants to revolutionize the waste management industry using blockchain IOT technology, adaptive intelligence, big data and other advanced technologies.
The goal is to maximize value creation from global household waste. It is obvious that waste is becoming an increasingly important problem in our modern world. We generate too much waste, and all of this waste either needs to be repurposed or safely stored. Swachhcoin seeks to solve the problem while enhancing profitability effektivnosti in the waste management industry.
It is expected that the ICO for tokens Swachhcoin will begin in the second quarter of 2018. The company's private token sale began in April 2018.
What problems does Swachhcoin solve?
"Throughout the world, humanity is facing a serious problem of too much waste and lack of resources. The amount of waste generated is constantly increasing and the trend is expected to continue aggressively. According to some estimates, the annual global production of waste is expected to reach about 2.5 billion Tons long before 2030. the amount of waste is not a problem: the problem is that we are not very good at recycling waste into usable materials:
"The amount of waste that is recycled or recycled to produce useful products has not fully caught up with the levels of waste generation," explains the official Swachhcoin technical document.
How the waste management system works with Swachhcoin Blockchain.
It is obvious that the solution to the global problems of the waste management industry is not an easy task. As Swachhcoin plans to solve these problems?
Swachhcoin understands that many people will not recycle garbage simply out of the kindness of their hearts; instead, people need a financial incentive . With this in mind, Swachhcoin aims to encourage people in monetary terms to properly manage their waste.
To this end, Swachhcoin will create a global ecosystem that uses big data, blockchain technology, adaptive intelligence, Internet of things (IoT) and other technologies to optimize the waste management industry. This ecosystem will revolve around the use of Swachh tokens.
Some of the main features of the Swachhcoin platform include:
Users will receive monetary incentives in exchange for the proper management of their waste (according to the traditional model, users must pay for the waste to be responsibly collected from their homes)
Processing waste will result in at least 20 different releases
Swachhcoin will use four advanced technologies including AI, big data, IoT and blockchain
The platform will integrate Autonomous charity work
The technical paper and website of Swachhcoin does not have much information on how to explain the technical characteristics of the platform or how it works. For example, the company repeatedly mentions its plans to integrate lockout technology, IoT data, and AI big data processing into its platform, but there are a few specific details about how they plan to do this. Here's how the company explains the use of blockchain technology, for example:
"The Blockchain: all Swachhcoin will be based on blockchain technology and fullerite [via] Swachh Token".
Bad grammar and imprint aside, we don't know what the Swachhcoin blocker does or how It will work. The lack of details seems unusual for a project preparing for its ICO. Generally, we like to see some finished product in place before the company asks investors for money.
Swachhcoin Features
The Swachhcoin website mentions all of The following features:
Swachhcoin Big Data, or SWATA, is described as "the individual application of big data developed and modified for the recycling industry."
Swachhcoin DApp:
The decentralized platform application or SWAPP is a user interface that includes a wallet and information about the nearest SWBIN location, providing users with an easy and convenient way to uninstall.
SWBIN is specialized containers for waste collection developed by Swachhcoin. These bins will have "different functions, providing highly efficient waste disposal", explains the official document.
SWIoT:
The Swachhcoin Internet of Things network is an individual IoT application designed to use IoT sensors to optimize the waste management industry.
Swachh Adaptive Intelligence:
SWATEL this "individual adaptive intelligence, designed and mofieid for recycling", explains the technical document.
Blockchain:
The platform will be based on blockchain technology As you can see, all these features are vaguely defined. The information above is provided directly in the document. There are a few technical details about how the platform uses these technologies.
Swachhcoin SCX Token ICO
There is a total stock of 400 million swachh tokens. These tokens are sold through pre-sale and ICO. The total amount of ICO is 5 million us dollars, and the amount of investment is 18 million dollars. Out of the total supply with 69%, or 276 000 000 tokens Swachh available for pre-sale ICO.
During pre-sale trading, tokens are valued at $ 0.04 per piece, while the price rises to $ 0.075 per piece during the main ICO.
The remaining 31% of tokens are distributed to the team (9%), vault (8%), advisors and partners (7%), bounty (4%) and philanthropy Fund (3%).
Tokens are ERC20 tokens on the Ethereum blockchain Private sale began in April 2018. Dates have not yet been announced for the main token sale.
Swachhcoin is headed by the founder and CEO of Aditya Kumar together with co-founder and chief operating officer Prashant Chaturvedi. Aditya is an entrepreneur in Calcutta, India with experience in Earth Sciences and environmental services. He created Swachhcoin in 2016.
Other registered team members: Aditya Vikram Singh (chief financial officer), Siddel Sarath Kumar (chief officer, research and development), naman Jain (chief marketing specialist), Kuruva Sitea (chief specialist of public relations), Globinsky the Ranjan Gupta (chief technical officer) and Hemant Verma (chief officer for strategy).
Detailed information:
Web site: https://swachhcoin.com
Telegram: https://t.me/swachhcoin
Twitter: https://twitter.com/swachhcoin
Facebook: https://www.facebook.com/SwachhCoin-356957991424506/
ANN thread: https://bitcointalk.org/index.php?topic=3034091.0
Author: https://bitcointalk.org/index.php?action=profile;u=1725951