Swarm (http://www.swarmcorp.com/) is the world’s first distributed incubator that lets companies raise funds by issuing their own cryptocurrencies. Swarm just wrapped its first-ever Decentralized Demo Day and announced Techstars as the first-ever institutional investor to back its native token, Swarm Coins.
At the demo day Swarm launched five separate start ups simultaneously. This was done on their their own Swarm’s platform by using the crowdsale model. Alongside the crowdsale the startups were presenting demonstrations for the attendees, followed by live Q&As. The demo day was organised at the legendary Rosewood Hotel in the heart of Silicon Valley’s Venture Capital hub, Sand Hill Road. This is were the most daring, disruptive innovators from the Silicon Valley underground are located..