SwiftDemand provides 100 swift a day to any one who signs up to the website. The website has a store where the users can buy/sell products to/from other users.
This conforms with the claim made by Swift to provide basic income to all it's users every day. It will provide each user who is signed up for the service receives 100 Swifts each day. No additional Swifts can be created with time or resources.
Other ways of earning Swift
Additional Swifts can temporarily be generated through referrals and confirming information. After enough initial users have signed up these bonuses will disappear and income generation will be the sole source of new Swifts.
Value of swift coins earned in real world
Swifts have no direct connection to any form of currency and are not backed by anything. Swifts are only worth what other people are willing to pay for them. There is no guarantee about the strength of Swifts in relation to any other currency.
Value of swift coins earned in real world
SwiftDemand is currently a digital currency and will soon become a full cryptocurrency. In mid-2018 all Swifts on SwiftDemand will be transferred at a 1:1 ratio onto the new Swift blockchain.
Refrral Program
For each friend you refer you will receive 500 Swifts. This program will remain in effect until 5,000,000 users have been reached.
You can use either/all of the below mentioned channels
Main functionality of Swift
- Everyone is Equal - All users will be given Swifts at the same pace.
- Simple Transactions - Simply type in a Swift ID to send Swifts.
- Small Transaction Fee - Transactions have a 2 Swift + 3% fee.
- One Account - Accounts are restricted to one per person.
- Daily Income - Everyone receives 100 Swifts per day.
- Temporary Bonuses - Bonuses are temporary and will be phased out.
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Thanks for the upvote @cheetah
the coin is useless
For now it might not be much use outside SwiftDemand website. However currently you can still use the coin on their website. People are currently selling stuff using the altcoin for payments.
Please check out their store. SwiftDemand - use this link in case you wish to sign up. It will not cost you anything.
The main thing with these new altcoins is taking a chance - what if it works out.
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I tried it out. Will comment once I get more points and see some use. I hope we can get 36,500 coins for free. I feel it's best. Hope it makes practical use.
Thanks for upvote @wave.beads