Swarm's Accepting Submissions for 'Second Class' Investments and Announces Legal Framework for 'DCOs'
Swarm is opening its second round of investment for projects on its crowdfunding platform, as well as revealing a new legal structure for distributed organizations. Along with what they believe to be new, sound legal footing is a new name for these newfangled blockchain powered organizations: Distributed Collaborative Organizations or DCOs. Swarm, for the uneducated, is a crowdfunding platform and bitcoin incubator that utilizes both Ethereum and Counterparty to enable companies to launch their own coins for crowdfunding and the holders of Swarm's own coin will receive a proportional....
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Swarm has partnered with Focus Investments to fund its second class of startups. The fund will provide between $5,000 and $50,000 in funding to startups accepted into the round, which follows its first announced in October. Participants in its inaugural round included Coinspace, Manna and a decentralised dance party. Focus invests primarily in bitcoin ventures and projects such as Counterparty, Factom, GetGems and NXT. A decentralized crowdfunding platform, Swarm helps startups establish themselves as distributed collaborative organisations (DCOs), allowing them to sell cryptographic....
Applications have officially opened for Swarm's first class with projects to be launched on the 5th of November. Sept 30, 2014 - The Bitcoinpowered crowdfunding platform Swarm (http://www.swarm.co) has announced that its first class of five projects will launch on the 5th of November in the world's first decentralized demo day. Applications are open until the deadline of October 5th. Swarm, the "Bitcoin 2.0" platform which in July successfully raised in $1mm in an exchange of Bitcoin for its own innetwork currency, is now helping other innovative projects to use its newly released....
Swarm is pivoting toward decentralized governance, a decision that finds the project shifting away from its original focus on distributed crowdfunding. The move follows the release of a research paper commissioned jointly with DATA's Constance Choi and Harvard Berkman Center research fellow Primavera de Fillippi that suggested distributed collaborative organizations (DCOs), which utilize cryptographic tokens to denote membership in a decentralized organization, are among the 'crypto 2.0 models' that are unlikely to attract negative attention from US regulators. The subject has been....
Decentralized crowdfunding startup Swarm has announced the first class of businesses that will feature on its bitcoin-powered platform. The crowdfunding platform's application process saw a number of groups submit applications, with a select few advancing to the video presentation stage. Entrepreneurs hoping to take part in the initiative pitched their projects, all emphasizing the importance of decentralized innovation. The company now says that five companies and organizations comprise its first class: Manna - a developer of smart personal drone networks. Coinspace - an operator of a....
November 14, 2014 – Update: Manna Fundraiser is launching soon. Since the publishing of this article, Swarm has announced on it’s website that Manna and DDP crowd sales have not yet started and are launching soon. The facts that are no longer relevant are striked through in the original article below. Manna crowdsale is launching soon. Eight days ago on November 5, the Swarm First Five kicked off their fundraising efforts at the world’s first decentralized demo day in Silicon Valley. Swarm’s 2014 Demo Day can be seen on YouTube. “We’re very excited to launch our first class,” exclaims Joel....