The first day of Coinsummit is over, as well as the Swarm after party. As we reported in our “shortlist”, we had very high expectations about SWARM. During Coinsummit they were slated in the “start-up slot” which meant Joel Dietz had only 7 min time to do the presentation about Swarm. Agreed it isn’t much time to do a real adequate presentation about SWARM but Mr. Dietz did extremely well.
Though the valiant effort of Joel Dietz notwithstanding, some questions still remained. Swarm focuses on crowdfunding services. IF you invest in SWARM you get SWARM coin that you can use for these and other upcoming projects. SWARM itself is completely open and transparent, something that is a must and as such you yourself can view where your funds are going and for what they are being used for. On top of that SWARM also offers funders the option to be directly involved in nearly every decision by way of voting system.and are supporting some very interesting projects already.
The first is Natan Wosnack from crypto biz magazine,is looking for funding to get his SWARM tattoo. The second one was an all natural bio chips that you can eat. Again very interesting. However the best and exciting project by far is Pavlo from SpaceBIT. They are using SWARM to get another small satellite into earth’s orbit.
However tomorrow is another afterparty, this time SpaceBIT is the organiser and as such we will probably get more information about Pavlo’s project. We will keep you updated.