Previously, SwiftDemand only required SMS verification to register. We now require government ID for sending Swifts & making purchases on the store. To verify your account go to https://www.swiftdemand.com/verify and follow the requirements on the documents tab.

Why are you requiring this?

We have noticed recently that some people have been trying to use multiple phone numbers & emails to create extra accounts. Government-issued documents will provide much better protection against duplicate accounts than SMS verification alone. Our goal is to ensure a fair system where everyone receives the same amount of income.

We realize that some people may not be comfortable uploading their documents. Unfortunately, in order to maintain the integrity of the platform we must require stricter verification for accounts moving forward. However, users that have verified all other non-document information will be able to continue to claim their Swifts on a daily basis.

FAQ

What Type of government ID should I use? We recommend using your passport to verify your identity.

What types of government ID are supported? We currently support most government issued documents. Please note that the document must be government issued and it must contain a photo.

What if I already verified my account before? You may continue to claim your daily Swifts, but if you would like to continue transferring Swifts or making purchases in the store you must complete document verification.

Other Updates:

• Seller & Buyer notifications have been added to the store. When someone sends you a message on SwiftDemand you will automatically receive an email in your inbox with a link to that purchase.
• Products are now listed in a more logical order looking at more data than just rating.
• SwiftDemand now has a new ticketing system. This new system allows you to communicate with SwiftDemand staff more easily on the SwiftDemand website.
• To contact us use the following link: https://www.swiftdemand.com/contact
• To view your outstanding tickets you can use this link: https://www.swiftdemand.com/tickets

Next Up:

Our next biggest focus will be improving the store. Making it more manageable for both buyers & sellers.

Click Here To Verify Your ID on SwiftDemand

SwiftDemand requires Government ID was originally published in swiftdemand on Medium, where people are continuing the conversation by highlighting and responding to this story.

Step 1

Check that Bid Status says FILLED on the Token Sale Page https://www.swiftdemand.com/tokensale

Step 2

Make sure your KYC has been verified (If it says pending come back later)

Step 3

Find your contribution address

Step 4

MetaMask will be used as an example, any type of wallet such as MEW or Mist will also work.

Click the MetaMask browser extension on your computer and enter your password.

Step 5

Click Send

Step 6

Fill out the address with the Token Sale Address and the amount with the amount you agreed to contribute.

Step 7

1. Double check to make sure that the address you entered matches the TokenSale Address on the site.
2. Double check that the amount matches your agreed commitment.

Step 8

Click the Next button and then confirm the transaction

Use the recommended amount of gas for the transaction

Step 9

You are done.

You should receive a confirmation email within 48 hours of sending the Ethereum.

Step 10

The final price in the auction was 1 ETH = 105,568 SFT

This means if you contributed 10 ETH your account will be credited with 1,055,680 Swifts. These will be added to the existing amount of Swifts you have. Swifts will be delivered to your account within 30 days of payment.

For additional support please contact:

contact@swiftdemand.com

Contribution Instructions was originally published in swiftdemand on Medium, where people are continuing the conversation by highlighting and responding to this story.

Why

Universal Basic Income is the solution to poverty. We are living in a world where there are more resources than ever before and yet there are still people that are forced to live in poverty. This is a fundamental injustice in the world and one that SwiftDemand aims to solve.

The advancement of technology has resulted in a large amount of automation which is slowly removing the need for human labor. We have not yet reached the point where human labor has become complete unnecessary, but steps need to be taken in anticipation of a world where scarcity is no longer an issue. We believe that providing every individual with a small amount of money can empower people to focus on doing what they love instead of what they are forced to do to make ends meet.

In a modern world, everyone should have a human right to have a certain baseline of living. As technology has progressed, there is no longer a reason that everyone must work. Our society is built on an artifact of a past world where laborious work was essential to survival. SwiftDemand will allow us to progress into a new era where people are no longer held back by trivial issues.

How

The Swift Protocol has been designed to provide every natural person with regular income to help them in their lives. This is achieved by allowing anyone to sign up, verify their identity, and then immediately start receiving their daily income in a new currency called Swifts.

For the Swift Protocol to be truly successful, it’s critical that a healthy economy can grow around the Swift currency. SwiftDemand is aiding in the adoption of this new currency by allowing users to buy and sell products on a marketplace with Swifts. This marketplace — known as the SwiftDemand store — has already seen a solid amount of usage with over 3000 submitted products and nearly 1000 purchases a day.

The ultimate goal for Swifts is to become a global currency which can easily be used alongside or potentially in place of government issued currencies. The larger the Swift economy grows, the more value there is that can be given away via Universal Basic Income. This is why we have made it our mission to gain widespread adoption and build out a platform that allows people to participate directly in the Swift economy.

Your Help

The Swift Protocol has a very ambitious goal which can truly to make the world a better place. However, to make Basic Income a reality, we need the help of as many people as possible. If you believe in our mission and would like to help there are many different ways you can contribute.

1. Telling your friends about SwiftDemand. The more people that learn about SwiftDemand and sign up, the faster that we can grow. For the Swift Protocol to truly be a revolutionary paradigm, widespread adoption is critical for creating a healthy economy with the Swift currency.
2. Use your Swifts to buy & sell goods & services. It’s very important that Swifts are used as a currency instead of an investment like most other cryptocurrencies. For SwiftDemand to truly be successful, we need to be able to buy normal every day commodities and services with our Swifts.
3. Participate in the token sale.* All proceeds from the token sale will be used to support SwiftDemand. We understand not everyone has money to contribute, but that’s okay. SwiftDemand has been designed so everyone can easily participate and own Swifts regardless of your financial background.

USA, China, and sanctioned countries are excluded from the token sale due to government regulations.

SwiftDemand

Join us our mission to provide basic income to world. Sign up and start receiving free Swifts every day!

SwiftDemand

Written by:

Christopher Gregorio, Founder & CEO of SwiftDemand https://twitter.com/zaguios

SwiftDemand’s Mission was originally published in swiftdemand on Medium, where people are continuing the conversation by highlighting and responding to this story.

Please note that U.S., Chinese, and Singapore citizens as well as all people from sanctioned countries are not eligible to participate in the token sale due to regulatory restrictions.

IMPORTANT INFORMATION

The SwiftDemand token sale is split up into two stages. The first stage is a dutch auction which is used to fairly decide the price of Swifts and allow people to reserve the amount of Swifts they want to purchase in the token sale. The second stage will occur where users will have their KYC documents processed and then be allowed to purchase Swifts once all information has been fully verified.

Step 1 — Registration (Skip if already registered)

Sign up for SwiftDemand

Verify your account

Step 2 — KYC Application

Go to https://www.swiftdemand.com/tokensale

Fill out the entire KYC form

Upload your documents including government ID and face photos

Check that all information is correct then submit the form

Step 3 — Early Bidding

The dutch auction will formally begin on April 8th at 18:00 UTC and will end when all tokens have been purchased or the minimum price has been reached.

You may at this point choose to enter an early bid or wait to see how the auction progresses and only bid during the dutch auction.

Please note: ALL SUCCESSFUL BIDS WILL RECEIVE THE MAXIMUM AMOUNT OF SWIFTS BASED ON THE LAST SUCCESSFUL BID

Enter the amount of Ethereum you wish to use to use to buy Swifts.

Warning: Your bid must be in an increment of 0.1 with a MAX of 30.0 ETH

Warning: A bid is a legal obligation to purchase Swifts at the reserved price.

Option 1

Buy Swifts at the whatever the ending sale price is.

Option 2

Make a customized bid that only activates once the sale price has reached your required ETH per Swifts ratio.

Step 4 — Dutch Auction

On April 8th 18:00 UTC the dutch auction will begin.

THIS AUCTION IS ONLY TO DETERMINE THE PRICE. SUCCESSFUL BIDS DO NOT GUARANTEE YOU WILL BE ABLE TO PURCHASE SWIFTS.

The starting price for the auction will be:

1 ETH = 5,000 SFT

Every 10 minutes the amount of Swifts per ETH will increase by 10% e.g.

• Auction Start: 1 ETH = 5,000 SFT
• 10 minutes after start: 1 ETH = 5,500 SFT
• 20 minutes after start: 1 ETH = 6,050 SFT

This pattern will repeat until all 200,000,000 have been purchased OR the price of 1 ETH = 1,000,000 SFT has been reached. At this point the price of SFTs will be locked in.

The above image is only an example

• Your Commitment — The amount of ETH you have pledged to commit (will only show if your bid has filled).
• Swifts — The amount of Swifts you will receive for the committed ETH based on the current price (will only show if your bid has filled).
• Next Price — The amount of time until the Current Price increase by 10% (Increases occur once every 10 minutes after the first increase)
• Current Price — The current amount of Swifts per ETH that is needed to have your bid filled.
• Next Price — The next Current Price.
• Your Bid — The amount of ETH you pledge to commit IF the price reaches the amount specified in your commitment.
• SFT Per ETH Bid — The price you have specified at which your pledge can be filled.
• Bid Status — The current status of your bid. This will be FILLED when Current Price passes your SFT Per ETH Bid.
• All Commitments — The total amount of ETH committed at the Current Price.
• Tokens Reserved — The total amount of Swifts reserved based on total ETH committed and Current Price.

Remember that all bids will receive the best bid price. This means:

1. You bid 5 ETH at the price 1 ETH = 5,000 SFT
2. The auction ends at 1 ETH = 20,000 SFT
3. You will receive 100,000 SFT NOT 25,000 SFT

You can track the status of the auction on https://www.swiftdemand.com/tokensale

Step 5 — Application Processing & Payment

All successful bidders will have their documents run through the KYC and AML process and checked thoroughly.

Bidders who have their information verified successfully will then have their Ethereum public key and bid amount white listed. After this process has been completed you will have (3) days to pay for your Swifts which will be found at https://www.swiftdemand.com/tokensale .

THE ETHEREUM ADDRESS WILL ONLY BE AVAILABLE AT HTTPS://WWW.SWIFTDEMAND.COM/TOKENSALE

• WE WILL NOT EMAIL YOU THE ADDRESS. IF YOU RECEIVE AN EMAIL WITH AN ADDRESS, IT IS A SCAM
• WE WILL NOT POST THE ADDRESS ON TWITTER, FACEBOOK, TELEGRAM, OR ANY OTHER SOCIAL MEDIA PLATFORM.
• WE WILL NOT DIRECTLY CONTACT YOU IN ANY WAY WITH THE ADDRESS.
• IF YOU SEE AN ADDRESS NOT ON HTTPS://WWW.SWIFTDEMAND.COM/TOKENSALE THERE IS A 100% CHANCE THAT IT IS A SCAM

Step 6 — Token Distribution

Within (30) days of the sale being completed Swifts will be delivered to the Swift Address associated with your account. Please note that this is not an ERC-20 token. Swifts will exist on an entirely separate blockchain and you will be responsible for managing your funds.

No explicit action is required to receive your Swifts.

Written by:

Christopher Gregorio, Founder & CEO of SwiftDemand https://twitter.com/zaguios

SwiftDemand Token Sale was originally published in swiftdemand on Medium, where people are continuing the conversation by highlighting and responding to this story.