SwissBorg ICO – Presale, ICO and token

November 19, 2017

3706

Recommended resources: CoinMama (Buy BTC and ETH) and Ledger Nano S (Hardware wallet).

The SwissBorg project aims to revolutionize wealth management services with a community-centric approach powered by blockchain technology.

Important dates:

Presale Date: No Presale.

Public sale Date: 7^th December 2017-24^th December.

Overview.

SwissBorg is a decentralized banking backbone built around community-centric values. It offers Best of Breed Financial Advisory services and Invest Solutions to everyone with no frontier or restrictions. A place, where you can safely store & manage your crypto assets by getting access to a large number of asset services: from asset tokenization to derivatives and exchanges traded place. A bank, tailored to anyone from individuals to DAOs with no minimum deposit. A New paradigm, where Financial Advisor & Investment Manager deliver their added value with no filter and in full transparency.

Problems being solved:

High cost of banks.
Today, investors want more personal, real-time and effortless experience.
The clients’ onboarding-process is complicated, time-consuming, and not portable. The KYC process is also expensive for banks.
Investors have to deal with predefined portfolios with inadequate support and financial advisors that leave them in the dark with no control over financial decisions.
Clients have to deal with misguidance and imprecise information on their investments entrusted to financial advisors.
Customized investment solutions are reserved for the elite private banking client base.
Profitable investment opportunities are restricted to high net worth individuals.
There is a very strong call for benchmarks to monitor and track the behavior of cryptocurrencies.
The number of cryptocurrencies funds available remain very limited and yet, it is difficult for investors to compare them, as there are no market indexes to do so.
There are few investment solutions/strategies or financial advisors available to crypto-holders.
Cryptocurrencies do not offer the option to mandate a third party (human or robot) to manage their wealth and protect is against operational risk, counterparty risk, fiscal risk.
The process of managing cryptocurrencies (i.e. depositing, withdrawing, transferring, and investing) involves a presumed degree of awareness that can be eased by reshaping user interfaces.

How it works.

Users.

Individuals and DAOs benefit from democratic, transparent and truthfulness investment services to manage their crypto-wealth.
Investment managers and financial advisors benefit from crypto asset classes and the best-of-breed technologies (Blockchain & Al) to better serve their clients.
Banks.
Funds.
Market makers.

Token uses.

Enables holders to have a vote.
Enables holders to receive a share of the revenue from the SwissBorg network.

Roadmap.

Review/ICO Scoring Metrics.

Concept.

Industry: Banking/Wealth management/Hedge fund

Similar projects: Tokenbox, Iconomi, melonport, Protos, etc.

Existing companies: N/A

Level of competition: High

How is it different from other projects in the space? Asset tokenization; customization of wealth management services; use of AI and big data analytics for financial advisory; crypto-indexes; Derivatives

Scale of problems being addressed: Normal

Divided Token: YES. Quarterly revenue from fees. 25% of revenues in ETH using smart contracts.

Market dynamics: There is approximately 120 trillion USD of client assets managed by global wealth managers, and 4 out of 10 clients are open to switching wealth managers under the right circumstances. This represents a 175 to 200 billion USD global revenue opportunity.

Sources of revenue: SwissBorg will receive management and performance fees by providing investment solutions to the community; SwissBorg will receive trading fees by providing investment services for the community.

Use cases: Wealth management services, crypto bank, exchange, loans, trading.

Regulatory risks: SwissBorg will be a Swiss Cooperative entity; the founders aim to become regulated in Switzerland with FINMA; it’s a revenue token.

Team.

More than 2 members with past experience in this industry: Yes

More than 2 members who are past company CEOs/Founders: No

More than 2 members with technical experience: Yes

More than 2 members with previous blockchain experience or experience building an open source community or platform on a large scale: No

More than 2 notable advisors from other blockchain projects: No

More than 2 advisors with past experience in this industry: Yes

More than 2 advisors with technical experience: Yes

More than 2 advisors who are company CEOs/Founders: Yes

More than 2 advisors with previous blockchain experience or experience building an open source community or platform on a large scale: Yes

Popular advisors: N/A

MVP.

Any previous activity related to the project: Since 2015, SwissBorg has been building the next generation of Robo-Advisor by using Al in wealth management, with models crafted by experienced Hedge Funds Managers. By extending the Al Robo-Advisor model to cryptocurrencies, they intend to empower investors with more control and freedom of choice on trading activities and risk management.

GitHub presence: Yes

Partners: MME

VC funding: Yes

Actual alpha, beta etc. available on website: NO.

Token expected usage date: Not a utility token.

Working product: They are now raising funds for their first tokenized cryptocurrency hedge fund that offers 50% of dividends to holders. The CSB token for the hedge fund is being sold at $3 per unit.

Roadmap ends: 2022

Blockchain leverages.

Smart contracts: Used to manage the process of redemption/subscription to crypto indexes; The derivatives will be created as preprogrammed smart contracts, capturing the obligations of the two counterparties (such as margin agreements or swap conditions); Smart contracts could conceivably be written to automatically prepare business and corporate tax returns.

Tokenization: Tokenization of physical assets such as diamonds, art or real estates; Token-backed loans.

Decentralization: N/A

Any centralization aspect: N/A

Scalability: Ethereum

DAO: Yes

Transparency: SwissBorg Cryptographic Dashboard would enable financial advisors and investors to track and manage the state of their digital assets in real time. Regulators could also have a real-time view of what is transpiring in the system at all times.

Database: Blockchain used for KYC and digital ID

Oracles: None