Swopblock

Swopblock

Early Stage

Powering secure decentralized trading between all cryptos

Powering secure decentralized trading between all cryptos

Overview

Raised to Date: Raised: $690,589

Total Commitments ($USD)

Platform

Wefunder

Start Date

01/19/2023

Close Date

10/30/2023

Min. Goal
$50,000
Max. Goal
$552,430
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$3,500,000

Valuation Cap

$5,000,000

Discount

0%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

11/04/2023

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$2,432

# of Investors

952

Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded

2021

Industry

Financial & Insurance Products & Services

Tech Sector

Fintech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Location

Martinsburg, Pennsylvania

Business Type

Growth

Swopblock, with a valuation of $5 million, 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. Swopblock has a patent pending for its Consensus Mechanism and Liquidity Stream and plans to launch the beta version by the end of 2023. Jeff Hilde founded Swopblock in March 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $4.4 million. The campaign proceeds will be used for marketing, platform development, app development, and crypto launch.

Summary Profit and Loss Statement

FY 2021 FY 2020

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-53,509

$0

Summary Balance Sheet

FY 2021 FY 2020

Cash

$40,926

$0

Accounts Receivable

$0

$0

Total Assets

$77,634

$0

Short-Term Debt

$5,051

$0

Long-Term Debt

$136,316

$0

Total Liabilities

$141,367

$0

Financials as of: 01/19/2023
Create a free account today to gain access to KingsCrowd analytics.

Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Swopblock 10/30/2023 Wefunder $5,000,000 $690,589 SAFE Funded RegCF
Swopblock 08/16/2022 Wefunder $3,500,000 $598,385 SAFE Funded RegCF
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.

Create your first portfolio

Create your own startup investment portfolio on KingsCrowd.

Track all of your startup investments in one place using our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Swopblock on Wefunder 2023
Platform: Wefunder
Security Type: SAFE
Valuation: $5,000,000

Follow company

Follow Swopblock on Wefunder 2023

Buy Swopblock's Deal Report

Warning: according to the close date for this deal, Swopblock may no longer be accepting investments.

Swopblock Deal Report

Get KingsCrowd’s comprehensive report on Swopblock including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Swopblock is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Swopblock deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge