Swarm is a fully decentralized capital marketplace platform built on Blockchain technology that is entirely owned by the community. Its vision is to allow anyone, anywhere in the world, to participate in the value creation within the crypto asset category and to capture opportunity in new types of asset-backed tokens, anything from distressed real estate to solar installations to rainforest preservation projects and many more. Swarm turns financial opportunities from exclusive into inclusive. It also provides the empowerment, access, and tradability so anyone can take part and have their crypto funds work for them.
Tokens generation cap
In our token launch, we are projecting to raise $50M USD denominated in ETH. For capital allocation, the main principle is that the lesser of 25% of funds raised or $20M will go towards operational expenses and platform development. The remaining funds will be deployed towards the initial pilot fund opportunities. That way, a higher fund raise does not increase budgets for the operations of the foundation, but benefits the implementation and impact of the overall Swarm model.
1SWM = 1USD
Differences from competitorsSwarm's model is different in that each project resembles a traditional company in its ownership structure. Ownership is gradually sold off over time to the crowd and it becomes autonomous in stages as the technology and model are proven. This allows rapid decision making and iteration during the early stages of the project when this is necessary and some degree of pivoting and technological upgrades that may be necessary during the implementation.
Swarm's model is deliberately modular in the sense that funds are pooled around projects and that each project has its own set of incentives and can succeed or fail without affecting the overall network. This means that each individual can decide on the value of various offerings on their own without an extensive or complicated consensus process.
Swarm's model also has an ‘innovation tax’ which is taken from each project and goes back to fund public goods that can benefit the overall network, rather than somehow attempting to take this out of the actual fund itself. The team also believes raising less capital but having a coherent governance structure and high quality business opportunities will allow significant appreciation in the base asset.