Swopblock

Early Stage

Powering secure decentralized trading between all cryptos

Overview

Raised to Date: Raised: $598,385

Total Commitments ($USD)

Platform

Wefunder

Start Date

07/26/2021

Close Date

08/17/2022

Min. Goal

$50,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$2,500,000

Valuation Cap

$3,500,000

Discount

0%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

08/31/2022

Days Remaining
Funded
% of Min. Goal

1,197%

% of Max. Goal

56%

Likelihood of Max
Funded
Avg. Daily Raise

$1,546

# of Investors

797

Momentum
Funded
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Year Founded

2021

Industry

Financial & Insurance Products & Services

Tech Sector

Fintech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Location

Martinsburg, Pennsylvania

Business Type

High Growth

Swopblock, with a $3.5 million valuation cap, is raising funds on Wefunder. The company has developed a platform to decentralize trading between all cryptocurrencies securely. It is the first autonomous crypto trading network to enter the BTC and ETH markets. Jeff Hilde founded Swopblock in March 2021. The proceeds of the current crowdfunding campaign, with a minimum raise of $50,000 and a maximum raise of $1,070,000, will target marketing, software development, app design, crypto testing, and other expenses. Swopblock allows users to trade crypto without surrendering them to third parties. Any crypto can adapt and join the Swopblock network.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 07/26/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Swopblock 04/30/2023 Wefunder $5,000,000 $70,618 SAFE Active RegCF
Swopblock 08/17/2022 Wefunder $3,500,000 $598,385 SAFE Funded RegCF
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Swopblock on Wefunder 2021
Platform: Wefunder
Security Type: SAFE
Valuation: $3,500,000

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