How Swarm Plans to Become the Facebook of Crowdfunding
A new company called Swarm Corp is launching a decentralized crowdfunding platform that will allow companies to sell cryptographic shares easily and quickly by creating their own digital currencies. Swarm's COO Ben Ingram described the platform as "the Facebook of crowdfunding". Powered by the Counterparty protocol, it effectively operates like a social network for cryptocurrency investors. As well as helping entrepreneurs kickstart their financial product or service, Swarm aims to eliminate previous failures and scammers by performing crowdsourced due diligence on each entrepreneur or....
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Move over Bitcoinstarter hello Swarm. A new crowdfunding platform called Swarm launched and began funding itself with considerable success, raising more than 1200 Bitcoins in just eighteen hours (the sale began at 12:01 AM June 17, and will continue until the supply of cryptocurrency is depleted). As of this article Swarm has raised 28% out of 24M goal or about 4,500 BTC. Swarm is marketing itself as “the Facebook of crowdfunding.” Swarm has launched its own cryptocurrency, “swarmcoin,” and is selling units of it to the public in an effort to fund their exchange. Those coins will then be....
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....
Swarm Corp, the decentralized crowdfunding platform, is giving SwarmCoin holders the chance to vote on the conditions of the crowdsale that currently in progress. Swarm is intent on revolutionizing finance. Swarm coin holders will receive SwarmProposal1 tokens. They must send the tokens to one of two addresses, each respectively signifying a 'yes' or 'no' vote. Voters will decide whether or not to terminate the crowdsale after the 4,500 BTC goal is reached. Fittingly, the vote is expected to begin Fourth of July. Voting closes on July 6th. So far, the company has raised a third of its goal....
There has been a lot of talk in recent months regarding the role of cryptocurrency for the future of crowdfunding and equity creation. A new company is taking a different, and seemingly more widespread approach to cryptoequity and community funding of early stage projects and business ventures. This new platform, called Swarm, is co-founded by Joel Dietz, a former California native who now resides in Berlin. Swarm is the world's first distributed incubator, and uses technology built on Bitcoin to allow startups to raise money through launching their own coin. This platform is providing a....
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....