Swachhcoin is now officially accepting BNB tokens as part of its Reserve Token Sale!
Tags: Bitcoin News, Blockchain, Binance, Token Sale, Cryptocurrency News

Swachhcoin is now officially accepting BNB tokens as part of its Reserve Token Sale! Swachhcoin Feb 5, 2019·3 min read

Hello Community!

Evidently enough, the past week has been quite busy for us. Post the completion of our formal Token Sale and organization restructuring that we consequently underwent, we have a lot of updates to share with you. While most of the work that has been done by our core team is focused on streamlining some overlooked aspect and fixing bottlenecks of our operations, there has also been core project related development. We are ecstatic to announce that the protocol development of Adverting on Swachh Bins is in the final stages.

The public reveal is scheduled to happen somewhere at the end of April. The exact launch date will be announced by the end of March, after getting a formal go-ahead from our developers.

Keeping in mind the drastic developments in the crypto market, we have revised the list of our accepted currency. We are now accepting BTC, ETH, XRP, LTC, TRX, ADA and nonetheless Binance’s BNB, which has demonstrated great strength throughout the bear market. Based on a simple but a practical Tokenomics, and a result of clear vision and leadership, Binance is now the most preferred accepted currency of our Reserve Token Sale.

Additionally, in compliance with our risk management policies, we shall also be converting a small portion of our assets to be stored in form of BNB for a period of 2 years. (The token growth model remains to be determined by the Binance team after a period of 2 years when the total supply starts reaching 100 Million, and utility in the form of discounted trading fee disappears.)

A word for the KYC

Moving to another announcement made earlier this week, we are aware that the inconvenience of going under the KYC process did not go down well with some users of our community. As much we understand your genuine concerns regarding the inconvenience and privacy concerns pertaining to the KYC process, we assure you that it is the best pathway for us to follow under the given circumstances and our team shall use the best of their abilities to make sure the entire process is done as intended.

Also, we would like to assure our community that the induction of the KYC process before the listing process does not affect the timeline of our listing plans.

We would also like to inform all our bear market anxiety driven community members that we already have a number of offers from some of the top exchanges in the world along with the number of ongoing negotiation accompanied by a daily listing request from a different small exchange.

We can commence the trading of Swachh Tokens when we want, there is nothing stopping us from doing it. However, we wish to time everything right.

The listing event, just for any other project is a highly prioritized event and our team wants to execute it perfectly in sync with external influencing factors.

We are officially in the longest crypto bear market. Unprecedented situations call for unprecedented actions. We request all community member to have faith in our team’s execution ability and be patient.

Some of the best brains are working to serve you the best.

Looking forward.

Best Wishes

Team Swachhcoin