Swarm Fund Raising $5.4 Million Investment In Its Pre-Sale Preparing For ICO
Swarm Fund, a decentralized capital market that provides simultaneous cryptocurrency investors access to high-yield, institutional-style mutual funds backed by real-world assets, announced the opening of its public token sale, which will run from October 21 to October 27, 2017; Swarm Fund, which has raised $5.4 million in its pre-sale on October 17, is preparing for ICO.
About Swarm Fund
Swarm Fund is a fully decentralized capital market space that democratizes investing by using the power of blockchain to open up high-yield, alternative investment classes to smaller investors through token asset-backed funds.. It creates traditional private investment opportunities, such as private equity and hedge funds including Swarm, by pooling small investments into larger, institutional-sized blocks.. The Swarm Fund provides fund managers with greater capital inflows from a new asset class investor looking to enter institutional-type investments, but without the high numbers that many institutional funds require.. Pilot investment vehicles on the Swarm Fund platform include a Risky Real Estate Fund, a Solar Energy Fund, and a Cryptocurrency Fund.
Joel Dietz, crypto pioneer, partner and co-founder of Swarm Fund,
“The launch of Swarm represents the next iteration of crypto and blockchain technologies, bridging the gap between traditional finance and the rapidly emerging cryptocurrency space” was the transaction system. The second wave came when Ethereum brought us the programmability of smart contracts, crypto tokens and other digital tools.. The third wave will be the securitization of these digital products, with the backing of real-world assets such as real estate companies traded on the blockchain.
The Swarm Fund, founded by Dietz, entrepreneur Philipp Pieper, and fintech (technology) investor Timo Lehes allows individual investors to tap into their resources and invest in alternative assets, corporate asset classes, often starting with private equity funds without the high dollar minimums or long-term capital commitments often associated with these accounts.. It also opens a new pile of capital for fund managers looking to increase the fluidity of their offerings.. Pilot funds on the platform will focus on distressed real estate, solar utilities, software-as-a-service and cryptocurrency companies.
Initial collective voting and Collaborative governance framework
Token holders, Swarm with SWM They will participate in Swarm’s inaugural liquid democracy vote, considered the first of its kind to be a crypto enterprise, from October 31st to November 3rd, to determine s first liquidity liberalization structure.
Dietz,
“We decide with our own free will, using the services and infrastructure this platform provided for our launch in the opening liquid democracy vote. This also means the same as the function and product we are working to bring to the market.
Swarm Fund, which has a structure similar to a cooperative, through its liquid democracy management system, Swarm Fund offers its members who will also determine its administrative and philosophical direction. will belong. Liquid democracy blends the features of direct or representative democracy by allowing individual members to vote directly on an issue or delegate their vote to an expert they trust.
This structure may also apply to future efforts initiated through Swarm.. Leveraging the efficiencies of Blockchain 3.0 technologies, Swarm provides the complete platform for businesses to create and run new crypto-centric businesses:
Our goal is to redefine and evolve what it means to be co-owned’
says Dietz,
“This allows people from all over the world to create new things on their own without the limiting barriers between them.”
A blocker for PUMP and DUMP
To discourage buyers from doing “Pump and Dump”, Swarm Fund will initially set up an interceptor system to lock tokens on the platform. The specific timeline for this system will be decided by Swarm members based on the inaugural community vote.
Approved Legal and Compliance Model
Swarm Fund’s business model is based on the intersection of Distributor network and Blockchain technologies. the seminar is based on the recommendations of the academic article and legal compliance. Produced at the Harvard Berkman Center in 2014, the paper was the result of multiple contributors in the blockchain and regulatory fields, including Dietz. ” he adds. Dietz said that the legal structure designed for this purpose is particularly important.. In the context of the development of cryptocurrency regulation. “If people realize that they can’t necessarily ignore the regulatory environment, it provides a huge opening for projects like the Swarm Fund, whose regulators are deliberately designed, while also providing a compliance-focused platform for startups of other legitimate companies in the cryptocurrency space.
The Swarm Fund Team will be answering all questions at (Money 20/20 2017) from October 22-27.
For more details,
Website: swarm.fund
Facebook: @swarmalliance
MEDIA CONTACTS:
The Americas:
ANW Networks
Alicia V. Nieva-Woodgate, +1 720.808.0086
UK/EMEA:
K Communications
Katrin Roskelly, +44 207 016 5392
Asia Pacific:
Precious Communications
Timothy Han, +65 3151 4760
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