Company Information

Get to know SwiftDemand

SwiftDemand was launched as a social and economic experiment to explore the concept of Universal Basic Income. The project's mission was to create a digital currency, known as "Swifts," that would be distributed freely and equally to all registered users on a daily basis. The underlying idea was to establish a currency with intrinsic value derived from the principle that every human has value and the potential for future productivity. Users could claim 100 Swifts daily and could theoretically use them for transactions within the platform's user base. The project is no longer in active development.

Industry

Crypto CryptocurrencyPRIMARY

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SwiftDemand

United States

Founded in

14 फ़र. 2017 (9 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

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Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.