From Slack:
SWATCoin [5:26 AM]
We have already received 3,365,649 SWAT as contribution to our SWAT Coin Foundation. I just want to illustrate the power of this corpus that has been created under the SWAT Coin Foundation by means of a simple calculation. Let us say we have worked hard in the coming year and the price of SWAT has reached 1 USD.. and we invest the entire amount in fixed income financial instruments such as term deposits in Govt. backed public sector banks here in India we get an assured annual return of 7.04 % and charitable trusts get tax income exemption provided the entire amount received as returns are used for charitable purpose. This means 7.04% of 3,365,649 USD = 249058.026 USD.. This is the fixed return we will get per year. This is 20754.84 USD per month.. To understand what this amount can do in terms of giving back to society let us just see one example. The "Save the Children: foundation requires just 500 INR (7.14 USD) per month to feed and take care of one child per month. With this assured monthly returns in the illustration above we can save the lives of 2906 Children and support them to get a good life for themselves month after month, year after year without any further effort! and this is just the start.. I am sure there are more contributions to come and we will also allot a bit of the profit from our operations to the fund. There is no doubt that we have already taken a firm step towards the process of giving back to society and have made progress in our effort to create a better world! Thanks and Cheers everyone! All of You, Have a great Week and Month Ahead!
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SWATCoin [5:45 AM]
Some of us are in a position to contribute to the foundation today. Some of us will be in a position to contribute to the foundation in the future when SWAT has created financial security for all investors in the future! Every one who has bought SWAT, irrespective of the amount, has already contributed to the Foundation! *There is no pressure on our investors to contribute now.* Since the formation of the foundation is by itself because of the investments in SWAT by our entire community! So the first priority is to create financial stability, security and freedom to all our investors! Once that is done automatically the foundation will keep receiving ample funds going forward!
good afternoon
gentlemen of the project: my question is still selling the old SWAT coins on YOBIT.net? the volume increased to approximately 63 million, in the first place those currencies should not be sold because they do not work, it only harms the project and those small investors, where is the transparency? We have a long time waiting for an update of the contract and there is nothing, how do you intend to solve it?
can not be an old SWAT currency in an exchange because it has no value and many users of that exchange are hurting, can not eliminate that currency? and get it out of YOBIT.net, what are the intentions? to leave it in trade and do nothing about it
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We are planning to relaunch our project moving from a pre-sale token to a mining enabled ERC20 Asset, with new road map, exchanges and bigger team. In that again we will make it clear SWAT on Yobit is not the SWAT on other exchanges. We just have to keep educating new investors to keep away from SWAT on Yobit.