Swapy Network
Swapy Network
Token: SWAPY


The Solution for Universal Access to Credit

ICO dates
Start date: 2018-03-19
End date: 2018-04-19

Registrated in: Cayman Islands

Platform: Ethereum
Type: ERC20

PREMIUM ICO

Swapy Network categories
Big Data Infrastructure Investment Platform
Video
Swapy Network token sale
KYC passing required Yes | Whitelist Yes | Restriction for countries USA, China, Brazil
Soft cap 5,000,000 USD
Hard cap 30,000,000 USD
Tokens for sale 50,000,000
Token distribution in ICO
50%
50%
Price 1 SWAPY = 0.61 - 0.65 USD
Price in PreICO Presale: (0.55, 0.57, 0.60) USD - 3 tiers of 5Mi USD each
Minimal investment 1 USD
Acceppting ETH
Bonus in ICO Discount of 15.38% at presale first-tier if compared to crowdsale last tier.
Swapy Network news, social
Swapy Network search trends in Google
Random whitepaper excerpts

Swapy Team
Edmilson Rodrigues
CEO & Co-Founder
Business Administration
Former Google employee
Bruna Florio
COO
Economist & Controller
Post-Grad in Controllership
Tu´lio Braga
CTO & Co-Founder
Masters in Computer Science
Computer Engineer
Plinio Braga
CDO & Co-Founder
Bachelor in Design
UX/UI Design
Brunno Neves
CFO
Economist & Trader
Former Facebook employee
´Icaro
Harry
D’App Developer
Information Systems
Computing technician
Adriel Santos
D’App Developer
Computing technician
Exchange studies at UK
Luis Fidelis
Solidity Developer
Mechanical Engineering
Computing technician
Mentors & Advisors
(10 advisors in total)
Tim Draper
Draper Associates and DFJ
Draper University
www.timothydraper.com
Don Tapscott
Blockchain Research Institute
WEF Chancellor
www.do...


Very exciting to see @SwapyNetwork going after cheaper credit and
student loans. Clever solution.

TIM DRAPER

Blockchain will fundamentally change the way we access credit. Proud
to be supporting @SwapyNetwork as they make that vision a reality.

DON TAPSCOTT
...

Table of Contents
1 Definitions
2
2 A Brief Introduction to Swapy Network
3
3 Background
3
3.1 Overview . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
3.2 Information Asymmetry . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
3.3 The High Cost of Capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
3.4 The High Cost of Conglomerates . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
3.5 Preferred Consumer Modalities . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
4 The Solution: Swapy Network
9
4.1 The Swapy Token (SWAPY) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
4.2 The Swapy Exchange . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
4.3 The Swapy Financial ID . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
4.4 The Swapy Data Market . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
4.5 Circu...

1 Definitions
1.
Credit Dream, Inc
: A Delaware C-Corp (USA) established in November 2014 that has
the mission of providing Universal Access to Credit.
2.
Swapy Network
: Open source project that aims to accomplish the mission of providing
Universal Access to Credit using the blockchain and decentralization.
3.
ERC20
: A standard to implement cryptographic tokens on Ethereum blockchain, making
it easy to integrate them to other Ethereum contracts [1].
4.
Swapy Token
: An ERC20 utility token with 18 decimals used in Swapy Network.
5.
SWAPY
: Swapy Token symbol.
6.
Swapy Company
: A Cayman Island entity, fully-owned by Credit Dream, Inc, responsible
for the Swapy Network Token Sale.
7.
Swapy
: Swapy Company and its affiliated companies.
8.
DApp
: Decentralized Application.
9.
Test net
: A blockchain network that is intended for testing implementations. The cry...

2 A Brief Introduction to Swapy Network
Swapy is building a decentralized protocol with a suite of three integrated applications aiming to
provide
Universal Access to Credit
. These applications are: (1) The Swapy Exchange, which
aims to connect smart money to emerging economies. It will introduce international investors
from countries where the interest rates are comparatively low to credit companies in countries
where the interest rates are comparatively high, providing better returns to the investors and
lower cost capital for the credit companies; (2) Swapy Financial ID, which aims to empower
people, giving them a financial identity that has the purpose to be valid anywhere in the world;
(3) Swapy Data Market, which aims to transform users’ financial data into self-determined value
through a token-based system. This suite of decentralized applications will allow the individuals
to hold their own data and to choose how many tokens they receive in exchange for it, and
when, and with w...

tics and data files, [3], Madagascar has the highest interest rate spread in the world. Being the
largest island in Africa and the fourth largest in the world with a population size of 24 million,
Madagascar had a 45% interest rate spread in 2016. Brazil had the second highest spread in that
same year, increasing from 19.58% in 2013 to 39.65% in 2016. Angola had an unstable interest
rate spread with values between 80% in 1995 and 6.0% in 2008, closing at 10.16% in 2016. In
comparison, China had just a 2.85% interest rate spread in 2016, and Japan had a 0.74% rate
spread in the same year. The United States, in 2012, showed a 2.96% rate spread.
Nominal interest rates
1
, basic interest rates and real interest rates other important metrics
for understanding the disparities that Swapy Network is trying to resolve. According to Trading
Economics data [4], Argentina has the highest nominal interest rate in the world with 28.75%
as of October 2017, followed by Suriname, Venezuela, Mozambique, Congo, Ghan...

credit guarantee fund (FGC)
4
, administrative costs and costs of credit default. Recently, these
have driven historically, high interest rates, inflation, and the lack of financial education among
the population took millions to default. Currently, the households indebtedness of the Brazilian
financial system is 23.07%
5
. For those who have access to bank accounts and credit, the cost
can be absurdly high. The average cost of unsecured loan in Brazil for households is 127.31%
interest per year. In addition, the average interest rates hit a new record high in March 2017. The
credit card rate was 332.38% per year and the overdraft rate was 321.29% per year. The Figure
2 shows this.
It is our intention for Swapy Network to mitigate the costly effects
of these disparities between countries, thereby facilitating mutually cost-effective
transactions of credit between institutions and consumers.
Figure 2: Personal loan’s annual average interest rates
Source: Brazil’...

also drive costs. For example, many systems rely on complex and expensive infrastructures to
guarantee an individual’s data security and privacy, although fines still may apply [8] [9] [10].
To deal with data integrity, companies maintain multiple algorithms to find, fix, and prevent
problems such as data tampering, data falsification, or data loss [11]. Also, to improve data
veracity, many of the players query different data sources with sophisticated algorithms to co-
validate information since the techniques rely preferably on several data sources to accept the
claims as truth [12, p. 37].
The quantity and quality of information that a credit bureau maintains varies from country to
country and this is attributable to several factors such as government regulation, the existence
of high levels of informal labor, or a high degree of poverty. However, even in countries where
credit bureaus hold quality data about consumers, the cost to access that data is high, and this
in turn impacts the spread be...

Swapy Network Roadmap

1
Q3 2017
On July 31st, we released our Swapy Exchange private alpha as an preview containing the fund raising contracts.
The Swapy’s software development has started since July 1st, 2017.
2
Q4 2017
On October 10th, we released Swapy Exchange public alpha on Ropsten test net, and open-sourced our protocol.

Since then we are developing side features for the fund raising flow, auditing our code base and removing the dependency of a centralized login service.

By mid-december, we will be releasing an updated version of the Swapy Exchange D’App.
3
Q1 Starting after TGE
Swapy Financial ID public alpha on test net providing identification and attestation to Swapy Exchange tokenized assets.

Swapy Data Market private alpha on test net operating 1 to 1 data sales.
4
Q2 Starting after TGE
Swapy Exchange and Swapy Financial ID private beta on main net transacting real tokens.

Each credit company we are negotiating with will have their own timeline to start using the Swapy Exchange depending on the compliance process.
5
Q3 Starting after TGE
Swapy Exchange and Swapy Financial ID public beta on main net. Public “Connect with Swapy ID” API available. Anyone can use for any purpose and transact real tokens.

Swapy Data Market on private beta transacting real tokens and real data from Swapy Financial ID.
6
Q4 Starting after TGE
Swapy Data Market public beta on main net.

Swapy Exchange and Swapy Financial ID improvements.

Planning the following year considering the community surveys.
Edmilson Rodrigues
Edmilson Rodrigues CEO and Co-Founder

Plinio Braga
Plinio Braga Chief Design Officer

Adriel Santos
Adriel Santos D’App Developer

Luis Philipe
Luis Philipe Solidity Developer

Ícaro Harry
Ícaro Harry D’App Developer

Tim Draper
Advisors Tim Draper

Don Tapscott
Advisors Don Tapscott

David Orban
Advisors David Orban

Ryan Baird
Advisors Ryan Baird

David Orban
David Orban
Singularity University, Network Society Ventures
Managing Partner, Network Society Ventures
CEO OF NETWORK SOCIETY VENTURES, CHAIRMAN OF NETWORK SOCIETY LABS
Managing Partner @ Network Venture Society
Don Tapscott
Don Tapscott
Strategy Advisor
Advisor
ADVISOR AT LCX THOUGHT LEADER
Ryan David Williams
Ryan David Williams
Legal Counsel
The founding partner of Experience Legal
Tim Draper
Tim Draper
Founder, Draper Associates
Founder at Draper Associates/DFJ/Draper University