Mid-May Update
Here’s what we’ve been up to since we got back to business!
May hit the ground running at SWFT Blockchain, as it caught us in the middle of a tough Binance Community Coin Vote campaign. While SwftCoin did not obtain the desired result, the campaign was a great opportunity for us to showcase all of SWFT Blockchain’s features. We could not be more proud of our team’s accomplishments and our community’s support, which helped us get here in the first place. To see what we’ve been up to for the past 3 years and why we think we deserved to win the vote, check out this great summary we made during the campaign. Thank you for reenergizing us as we return to business-as-usual.
Binance Research
One of the great ways the Binance vote campaign has allowed us to showcase our product to more and more people is this Binance Research’s SWFT Blockchain page, which details our past, present, and future.
Rewards Distribution
After the vote, we were busy calculating and distributing the Binance AMA rewards to over 600 people from Binance’s English, Russian, and Korean communities. In total, almost $5,000 was split among over 600 people in amounts corresponding to the activities they participated in!
SwftCoin
While not on Binance yet, SwftCoin has received widespread support from leading exchanges just in the month of May. In addition to the exchanges it was previously listed on — Huobi and OKEx among others — SWFTC was made available on Poloniex, Bithumb Global, CoinDCX, Hotbit, and more! SWFTC being available in more exchanges means more people get to learn about SWFT Blockchain and it also means even more sources of liquidity for us, which, in turn means better rates for our swaps.
In the space since 2014 and formerly owned by Circle, Poloniex is one of the most advanced trading platforms in the cryptocurrency space. We could not be more excited for SWFTC to join the Poloniex family! From May 6th to May 13th, Poloniex users participated in a SWFTC trading competition which saw winners take 7,000,000 SWFTC rewards.
Bithumb Global, the popular Korean exchange launched in 2014, listed SWFTC on May 5th, further establishing SWFTC in the South Korean market. To coincide with the listing, we took questions from Bithumb’s English and Korean communities in two AMA sessions last week. Check out some of the highlights from the Bithumb AMA’s here!
CoinDCX, India’s largest cryptocurrency exchange also listed SWFTC in early May. Fresh off its $3M Series A funding round with investors like Bain Capital and Polychain, CoinDCX will be a crucial partner for SWFT Blockchain as it opens up to the growing Indian market. After the Supreme Court of India’s historic March ruling which overturned the Reserve Bank of India’s ban on cryptocurrency trading, we are super excited for SWFTC to be available on CoinDCX as it is the best possible introduction to the flood of cryptocurrency users from India.
Another exchange that listed SWFTC is Hotbit, one of the top 3 exchanges in regards to asset types with over 500 trading pairs. While it is a newer exchange, Hotbit has become very popular in the less than two years since it was created and we could not be happier for SWFTC to join Hotbit’s ecosystem.
More AMA’s
In addition to the AMA’s with the Bithumb communities, we also did a live Twitter AMA with TechnicalCRYPTO Analyst. Check out the comments in the tweet below to see our answers to all the questions we got!
Hot off the press
We had the pleasure of doing an interview with CardRates, which turned into this great article detailing SWFT Blockchain’s product, the competitiveness of its features, and the advantages it brings to its users.
Product
Our engineers have been busy with upgrades to the ELA and ILCOIN blockchains and have been helping some of our future partners out with their integrations of our swaps. We can’t wait to announce them! We also can’t wait for you to see what is next for our product!
That’s what we’ve been up to so far! To hear more about what we’re doing in the future, join us on Telegram, stay up to date with our official news on our Telegram News Channel, or follow us on social media!
About SWFT Blockchain
Founded in 2017, SWFT Blockchain is a next-generation, worldwide cross-chain transfer protocol and transfer network. SWFT Blockchain’s technology combines blockchain, machine learning and big data to enable direct swaps between over 200 cryptocurrencies. Offering a fast, affordable, and secure cryptocurrency experience, SWFT Blockchain’s cryptocurrency transfer protocol enables users to swap cryptocurrencies at the best rates, in record speeds and with super low fees. SWFT Blockchain has received funding from top VCs, including Draper Dragon and was in the first cohort of startups at Berkeley Blockchain Xcelerator.
