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Wednesday, 28 March 2018

SWAP TOKEN COIN - Detailed Road Map

31 March 2018

There is a change to the Road Map Below. Instead of ERC20-TOKEN now we have upgraded to Waves Wallet for more security and stability.. See this post on Bitcointalk..

https://bitcointalk.org/index.php?topic=3178646.msg33509157#msg33509157

SWAP TOKEN COIN - Detailed Road Map
March 29 2018 to April 29 2018
Creation of ERC20-TOKEN with the name SWAP TOKEN COIN Under the Under the ETH Platform Ropsten Testnet (https://ropsten.etherscan.io)
Start the first phase of SWAP of 5000000000 SWAP Tokens 1.0 (TOKEN) at the rate of USD 1 for 10000 SWAP TOKEN COIN (STC) which is equivalent to 0.00210785 ETH as per the USD/ETH exchange rate on Yobit as of now. Though we will be using ETH in the future for all financial transactions, for the sake of easier understanding and stability in exchange rates we will do all our calculations and initial transactions based on USD.
To retain any benefit TOKEN investors may get by the price rise in TOKEN on Yobit due to these announcements it has been decided to make the exchange through USD and not through TOKENS. Hence this is more of a sale of SWAPT TOKEN COIN than an exchange of TOKEN. The sale will be done as follows. It will be the choice of TOKEN holders to either hold their TOKEN for profiting from whatever price rise TOKEN will experience over the course of this road map due to these positive developments and sell their TOKEN for profit at a later date or if they feel price may drop, to sell now to generate whatever the amount USD required to buy Swap Token Coins (STC).
Phase 1 (Pre-Sale Mainly for TOKEN holders on Yobit)
Sale of first tranche of 50000000 (50 million) STC at the rate of USD 1.00 for 10000 STC (Minimum Investment 2 USD – Maximum Investment 200 USD) using Yobit Codes – Please see below for detailed Payment Process*
Sale of second tranche of 50000000 (50 million) STC at the rate of USD 2.00 for 10000 STC (Minimum Investment 4 USD – Maximum Investment 400 USD)
Sale of third tranche of 50000000 (50 million) STC at the rate of USD 4.00 for 10000 STC (Minimum Investment 8 USD and - Maximum Investment 800 USD)
*Payment Process for this Phase – Create Yobit Code for 2 USD (as an example) like this below.
 YOBITUD2OSGLBPBPVZWPN9U4GQZTQ3LH2SWEZUSD
Add MetaMask Wallet Extension on Chrome
(https://metamask.io/#how-it-works) This is an ETH Wallet. You can receive your STC here and store it.
After adding the extension of Chrome and entering the wallet with the set password click on the three dots near the Account Name and copy your wallet address like this
0xD1302B282eb46DD474E3cF452A66a77126EE052E
Now combine your Yobit Code and your wallet address with a + sign between the two as shown below.
YOBITUD2OSGLBPBPVZWPN9U4GQZTQ3LH2SWEZUSD+0xD1302B282eb46DD474E3cF452A66a77126EE052E
Send this to the email ID admin@swaptoken.network with the following message in the subject
STC COIN Pre-Sale – Yobit Code
In the body of the message just give the combined code and your Yobit id as follows.
YOBITUD2OSGLBPBPVZWPN9U4GQZTQ3LH2SWEZUSD + 0xD1302B282eb46DD474E3cF452A66a77126EE052E
Yobit ID = TrDrSWAPTOKEN
Once the Yobit code is activated and the payment is received you will receive your 20000 STC (for 2 USD as an example)  with a confirmation mail.
To see your balance you have to click on MetaMask extension press the Tokens button in MetaMask and press add token button and paste the following contract address in the Token Contract Address Box and add the token STC.
0x1804b4652aa5a039e5d1058c07ec11e6b0ab9bdf
Your balance will show up immediately. This way you can get the coins without any transaction fees on your part even though the financial value might be as low as 2 USD.
Phase 2
2 April 2018 (Open to All)
Deploy ICO on the ETH Crowdfunding Platform for Sale of STC at the rate of USD 1.00 for 1000 STC (Minimum Investment 8 USD and - Maximum Investment 800 USD)
29 April 2018 End of ICO
30 April to 15 June 2018
Development of SWAP TOKEN COIN using a forked CryptoNote algorithm. Development of Wallet, Blockchain, Masternodes and setting up of Initial infrastructure.
The algorithm will be based on a proprietary Verified MacID Secured Payment (VMSP) infrastructure and the same technology will be used for (POW) mining as well. Mining can be done only on devices (Android based Pocket Miners that can also be used as Mobile Phones/Tablets) with built-in mining software, sold by STC on our website through an exclusive Amazon Webstore and is secured by the unique MacID (machine ID of the device). More Details about the technology will be revealed in a White Paper to be released by the 15th of April 2018. More detailed information will be released once an application is filed for patenting both the product and the mining process based on the VMSP infrastructure technology.
The profits generated from device sales will be shared via airdrops every quarter to all stake holders in the ratio of 40:40:20 meaning 40% profit shared with stake holders in proportion to the STC held by them as per a quarterly snapshot, 40% for future development and research to take the coin and the business to greater heights and 20% for maintenance of infrastructure and overheads.
16th June 2018
Release of the new STC Wallet
17th June 2018 to 16th July 2018
SWAP of ECR20 TOKEN Issued to MetaMask with new STC coins based on the forked and released CryptoNote algorithm.
17th July 2018 to 16th Oct 2018
Listing of the NEW STC coin on three exchanges.
Prototype testing of Pocket Miner Devices for mining efficiency and device technical compatibility and stability. Manufacturing tie up for production of Pocket Mining Software and pre-order of Devices on STC website.
Device Release for trial sale and for market acceptance testing through exclusive Amazon Webstore.
17th Oct 2018 to 31st Dec 2018
Commencement of Regular Sale of Pocket Miner Devices on webstore. Setting up of back end customer care arrangement for technical and software related assistance.
2019
1 Jan 2019
First Airdrop of Quarterly Profits.
Additional research and Development to upgrade the Pocket Miner as a stand-alone device that can be connected to various appliances, automobiles etc., so that customers can generate coins to subsidise their electricity charges, fuel bills, Talk Time Payments, Data and Cable Charges etc., The future is to put one Pocket Miner Device in every single kid’s pocket so that even the pocket money and educational needs of kids can be subsidised in a secure manner.
15th Jan 2018
Review of performance and release of new Road Map for the next two years.
Note About Creation of a Safety Net for Investors:
STC plans to retain 30 percent of initial sale proceeds as cash as a safety net for investors. What this means is at any point in time if investors for whatever reason wish to sell back the coins after the STC coin Wallet SWAP during the second half of June 2018 they can do so and get a minimum of 30% of their original investment as USD. For example, if an investor has bought USD 200 worth of STC during the original SWAP or during the ICO he or she can sell back the coins for a minimum of USD 60 on the STC website any time after 17th of June 2018. See white paper for more details about the business and financial security for investors.

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3 comments :

  1. I have 500million TOKEN coin... Plz anyone suggest me what to do for now..... HOLD or SELL

    ReplyDelete
  2. Why dont yobit providing auto swap?

    ReplyDelete
  3. This is a project taken up separately to support TOKEN holders. It is different from TOKEN and Yobit.

    ReplyDelete

 
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