Are you interested in investing in new ICOs, but feel overwhelmed by the sheer number os ICOs that appear on the internet all the time? Don’t worry, that is very normal. ICOs are getting increasingly common, so sometimes it’s hard to decide which ones are the best for investing.
Because of this, you have to really know the market before acting. Our blog exists with the prime objective of helping investors like you. We review the best investments on the cryptocurrency market to make sure that you will invest as well as you can in the best offers.
Today, our subject is a company called Swapy Network.
What Is Swapy Network?
Swapy Network is Brazilian start-up focused on credit. They plan to create a decentralized platform using blockchain technology to give to all of their users the ability to reap the best benefits of credit around the world and have universal access to credit.
The problem that this company is trying to solve is that users are generally limited by decisions made by their governments about credit and they do not have access to better options offered by other countries if they do not live or invest there already.
Swapy Network wants to create a platform in which users can choose the best markets to ask for credit and will have access to the best interest rates.
The data of the users will also be their own, so they can decide how to better use that data. It will be their decision whether they will sell or not or by how much.
How Does Swapy Network Work?
Swapy Network will be very easy to use. You will have to register on the platform and create their Swap Financial ID, buy Swap tokens and then use them for different services that you will want to use.
Every service of the platform will be accessed by the use of Swap tokens, so the users will have to acquire before they participate in the platform. Because of this, if they want to have access to the products, they might want to invest in the ICO right now.
How to Invest in Swapy Network?
To invest in this company, you will have to acquire their Swap tokens. You can buy tokens during the upcoming ICO. At the time of this report, there was no date set for the beginning of the pre-ICO and the main ICO of the company, although there’s information that there will be a pre-ICO.
To buy Swap tokens, you can use only Ethereum. If you only have Bitcoin or other cryptocurrency, you might want to exchange it before you invest in this company. With 1 ETH, you can buy 300 Swap tokens.
It is important to note that you will not be buying shares of the company if you buy their tokens, but investing in their product instead. If the company is successful, the price of the tokens will certainly rise, but be aware that a token is a currency to be used inside the system, not a share of the company in any way.
The Swapy Network Verdict
Swapy Network seems like a company with a good perspective of future. Their administrators seem experienced and their plan is solid. Because of this, they look like somewhat of a solid investment.
The negative point is that you would not be buying shares, so if you want to invest only for the money and not for the service, you would have to wait the moment when the prices are high and then you should sell the tokens for profit.
If this company looks like a good investment for you, there’s no reason not to invest in it.