Swarmcorp is currently selling swarmcoins for BTC. People involved in Ethereum are supposedly also helping Swarmcorp. I've heard Swarm described as a front end to any protocol - effectively becoming a vending machine for Ether, Mastercoin, Counterparty coins, or any other metacoin created by these protocols. How would Ethereum and Swarm fit together in the bitcoin 2.0 ecosystem?
Any thoughts are welcome!
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Anyway, half a year before Ethereum is even online, so, maybe they're quicker. Dunno if counterparty has any potential advantage over Ethereum with regard to doing stuff with bitcoins. (given development, expect not, perhaps scalability, given that Ethereum hosts other things aswel)
I'm indepdendently advising them as an invididual, much like I do many other projects. There's no connection between the two organizations.
@Jasper
SWARM is a distributed crowdfunding platform.
If you own SWARMcoin you are rewarded by a percentage of equity from all the businesses in the SWARM network.
- For example, if you have a great Bitcoin business idea you can get it funded through SWARM. Your business would issue its own token on the Counterparty protocol and act as digital shares for the company.
The SWARM network would receive a percentage of your company’s token and have it funneled back to the SWARMcoin holders.
The beauty of this is you don’t strictly need venture capitalists to fund businesses. The capital comes from all the participants in the network who are SWARMcoin holders. This levels the playing field, allowing anyone with an internet connection to participate and invest. Unlike Kickstarter you now have a stake in the companies you fund because their tokens can be traded on the free market. The SWARM network decides which businesses they want in the network by due diligence and voting with SWARMcoins.
SWARMcoin is being issued on the Counterparty protocol and will utilize Vennd (both are open source).
I can imagine Swarmcorp could equally be running on top of Ethereum in the future!
They have huge ambitions and 21,5k BTC is a reflection of that. Contact them with your questions and always apply due diligence!
FYI: I do not have any affiliation with them. Just curious, absolutely loving these types of technologies and see potential in the whole ecosystem!