Swopblock (2023)
About this raise
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.
Investment Overview
Invested $690,589 :
Deal Terms
Company & Team
Company
- Year Founded
- 2021
- Industry
- Financial & Insurance Products & Services
- Tech Sector
- Distribution Model
- B2C
- Margin
- High
- Capital Intensity
- Low
Financials
-
Revenue
-
$0
as of FY2021
- Monthly Burn
-
$4,459
as of FY2021
-
Runway
-
9.2 months
as of FY2021
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $590,000
- VC Backed?
- No