The Swapy Network: Universal Access given toCredit for Success

Swapy Network consolidates a decentralized convention with a suite of three coordinated applications. Swapy Exchange associates global financial specialists from nations where the loan fees are lower to credit organizations in nations where the loan costs are significantly higher. Swapy Financial ID enable people, giving them the privilege to an overall money related character. Swapy DataMarket changes client's money related information into esteem for the information proprietors. Presently, people will hold their own information and pick how much tokens they get in return for it when they need to share, and for whom

Swapy Exchange — An trade that interfaces speculator cash to developing economies. The profited gatherings would be both International financial specialists from nations with low loan fees and acknowledge searchers from nations for high financing costs. For instance, a Japanese based financial specialist can contribute his/her cash in a Brazilian startup through Swapy. Keep in mind, the national bank loan cost in Japan is negative (- 0.1%) while in Brazil its around 7%. The exchange will be represented by a keen contract marked between a financial specialist and a credit organization in the Swapy Exchange. This keen contract will be conveyed into the Ethereum blockchain and the benefits will be exchanged crosswise over outskirts utilizing digital forms of money. In any case, the assets and paybacks are pegged to the US dollar to evade the high unpredictability related with digital forms of money. This will be a win-win for the two gatherings the financial specialists and acknowledge searchers, as them two can moderate their residential entanglements, through cross-outskirt dealings. The Swapy Network group would like to give every one of these highlights a 100% committment to lawful consistence. The alpha variant of the Exchange has been discharged as of now.

Swapy Financial ID — A all inclusive budgetary character for people, giving a rearranged Identity Verification System(IDV) or Know Your Customer (KYC). This will be especially useful for money related substances dependent on ordinary KYC systems that are lumbering by nature. Swapy Financial ID will be a one stop answer for KYC and record of loan repayment investigation as all exchanges are put away in the blockchain and are promptly accessible upon confirmation.

Swapy Data Market — A component through which people can monetise their own information, likewise enabling new players in the monetary space by giving them access to information. Swapy Network proposes a Data Marketplace that dispenses with go-betweens and enables people to exchange their own information for money related picks up on a willful premise. The proposed commercial center intends to make a level playing field for new participants in the money related space, as the present situation is vigorously skewed for enormous enterprises.

WHAT DOES SWAPY NETWORK TRY TO SOLVE?

The Swapy Network is a perplexing undertaking that intends to make a blockchain organize that would have three D'Apps (Decentralized Applications): the Swapy Exchange, Swapy Financial ID, and Swapy Data Market. Every one of the three items are a joined answer for make credit less expensive and open to all.

Indeed, even today, when it appears that the greater part of the monetary hypotheses and methodologies have been placed practically speaking, numerous individuals can't appreciate simple access to Loans at better than average rates. We're speaking here for the most part about the creating nations. There are more factors that keep up this terrible circumstance – some of these are:

=> High loan fees in the developing markets – the fundamental and genuine financing costs are considerably higher in the creating nations in light of a few monetary reasons, making it troublesome for normal people to get fair credits. Then again, created nations offer zero and in some cases even negative rates to support advances and spending. At last, billions of individuals overall keep on being underserved credit customers.

= > Information asymmetry is another genuine test that influences the credit to showcase uncalled for. Today, the vast majority of the credit-related choices by banks and monetary firms depend on a blend of information and calculations. Shockingly, information isn't similarly available to all credit showcase members, which adversely influences the business.

Plus, numerous individuals remain unbanked in light of the fact that they can't demonstrate a customary compensation that would make them qualified for credits. For instance, in Brazil, which is the nation of source of the Swapy Network originator and CEO Ed Rodrigues, 40% of individuals can't get to credit – that is more than each third individual.

The Swapy Network comes to get some adjust the credit showcase by associating borrowers, loan bosses, information makers, back up plans, and different players into an open source and decentralized system accessible around the world. Along these lines, individuals from creating nations will appreciate much lower loan costs given that Swapy's banks will for the most part get from affluent countries. The system has a worldwide approach, and this is awesome for keeping decency.

SWAPY NETWORK APPLICATIONS

As said, the Swapy group intends to make three essential applications in view of the blockchain convention. Here is a sentence about every one so you could imagine their highlights:

=> The Swapy Exchange – this is the stage that will associate financial specialists from created nations with credit organizations from developing markets that are looking to raise capital at bring down expenses. Every one of the agreements inside the framework will be computed in US dollars, however the charges will be paid in Swapy tokens, which we'll depict underneath.

=> The Swapy Financial ID – this application is to be created to take care of the second key issue – information asymmetry. The device will utilize blockchain's advantages to streamline the procedure of "record of loan repayment" creation.

=> The Swapy Data Market – the group expects that the individual information from the Financial ID application will produce colossal volumes of data portions, which will at last be accessible to all lenders regardless of their size and notoriety.

TOKEN METRICS

Token :SWAPY

PreICO Price

Presale: (0.55, 0.57, 0.60) USD — 3 levels of 5Mi USD each

1 SWAPY = 0.61– 0.65 USD

Bonus:Available

Bounty:Available

Platform:Ethereum

Accepting:ETH

Least investment:1 USD

Delicate cap:5,000,000 USD

Hard cap:30,000,000 USD

Country:Cayman Islands

Whitelist/KYC:KYC and Whitelist

Confined areas:USA, China, Brazil

THE SWAPY ICO

The Swapy Network has an awesome arrangement to bring reasonable credits to underserved clients, yet it needs to raise capital before that happens. Therefore, the group chose to direct an underlying coin offering that would start with a pre-deal period on March 19 of this current year.

The pre-deal period, where financial specialists can purchase Swapy Tokens at markdown costs, is part into three stages:

Stage 1 – speculators will get a 15.30% markdown, paying $0.55 per token.

Stage 2 – the rebate will be 12.31%, which implies the cost per token will be $0.57.

Stage 3 – financial specialists will pay $0.60 per every token, getting a charge out of a 7.69% rebate.

The organization intends to raise $15 million amid pre-deal and another $15 million amid the ICO itself. The crowdsale will be held from April 26 to May 26 and will likewise be isolated into three stages.

Given that the Swapy token, with the ticker SWAPY, is an ERC20-based token, token buyers can get it with Ethereum as it were.

Swapy's ICO is a phenomenal event for early givers, particularly for the individuals who focus on the pre-deal period. Some trustworthy funding reserves have just bounced in the amusement, for example, Draper Associates or Investar Financial.

The undertaking is supported by Tim Draper from Draper Associates and blockchain star Don Tapscott, which helps donors' certainty.

Programming DEVELOPMENT ROADMAP

The organization began building up the product back in July 2017 and now has an iterative arrangement through which it means to build up the above-portrayed applications towards full usefulness.

This arrangement is as per the following:

first quarter after TGE: Swapy Financial ID open alpha on test net giving recognizable proof and validation Swapy Exchange tokenized resources. Swapy Data Market private alpha on test net working 1 to 1 information deals.

second quarter after TGE: Swapy Exchange and Swapy Financial ID private beta on fundamental net executing genuine tokens. Every bank or loaning organization willing to join the Swapy Network will have their own particular course of events to begin utilizing the Swapy Exchange contingent upon the consistence procedure.

third quarter after TGE: Swapy Exchange and Swapy Financial ID open beta on principle net. Open "Interface with Swapy ID" API accessible. Anybody can utilize it for any reason and execute genuine tokens. Swapy Data Market on private beta executing genuine tokens and genuine information from Swapy Financial ID.

fourth quarter after TGE Swapy Data Market open beta on primary net. Swapy Exchange and Swapy Financial ID upgrades. Arranging the next year considering the group reviews.

Our interpretation of this is it is a really forceful arrangement yet one that we feel that this organization is in all likelihood ready to accomplish given that advancement is as of now well in progress. This has a major effect to our capacity to figure the organization's capacity to adhere to its guide effectively.

FOR MORE DETAILS :

Visit the Swapy Network Website : https://www.swapy.network

White Paper  : https://www.swapy.network/SwapyNetworkWhitePaper-English.pdf

Join the Telegram group  : http://telegram.me/swapynetwork

Twitter: https://twitter.com/swapynetwork

Wire : https://t.me/SwapyNetworkChat

Facebook : https://www.facebook.com/swapynow

Connected in : https://www.linkedin.com/organization beta/10619437/

My bountyhive account username : icohunting