SwissBorg
SwissBorg is a cryptocurrency wealth management platform designed to simplify crypto investments. The SwissBorg Wealth App is available for both iOS and Android and lets you manage a variety of major digital assets.
The native CHSB utility coin has been critical to SwissBorg's development, with significant price increases throughout 2020. This has been a key part of SwissBorg's success and has led to a lot of people using the platform. In addition, the SwissBorg Community App plays a crucial role in training new users by allowing them to experience trading without incurring any financial risk.
SwissBorg is a community-driven platform where people regularly vote on which new digital assets' should be added to the SwissBorg Wealth App. SwissBorg currently accepts 15 fiat currencies and offers crypto services in over 100 countries. As the platform becomes more popular, these numbers are likely to keep going up.
Switzerland-based SwissBorg was started by Anthony Lesoismier and Cyrus Fazel in December 2017 after they raised $52 million in funding. They have a team of banking professionals and investment management experts from all over the world that keeps growing. The SwissBorg team consists of people from over 20 nations, including offices in Toronto, Canada, and London, England.
The SwissBorg team seems to be a unified group with a common goal and a focus on the future of crypto. Also, the SwissBorg website says that the team is "committed to gender equality and sexual orientation inclusivity."
The team was able to raise $50 million from its initial coin offering (ICO) in January 2018. After a year of building and developing, they released the SwissBorg Community App in March 2019 and their flagship product, the SwissBorg Wealth App, in January 2020. The SwissBorg Wealth App gives users the ability to trade cryptocurrencies and, later, the chance to earn interest on coins they have deposited.
SwissBorg is a project that focuses on making crypto and blockchain easier to use and more popular by improving the quality of service and making it easy to use. SwissBorg considers that the current banking system is flawed, slow, too costly, and, in general, out of date. Bitcoin was released almost 14 years ago, and that one event put the world on the path to decentralization. It took a while, and it will probably take a while longer, but we are always moving down that path and toward a better future. The first step in getting new people involved is to show them where the crypto industry is best. This means showing them how it is better than traditional banking, which most people are already using. With faster and cheaper transactions, full ownership of their money, and payments that can't be changed and can be seen by anyone, this is the way to get people to understand crypto and blockchain and get used to working with them. From there, they will start looking into other benefits and possibilities on their own.
SwissBorg Wealth App: The SwissBorg ecosystem is centered on the SwissBorg Wealth App. Users have complete control over their portfolio and money management on this platform. The AI-powered app gives you important information that can help you manage risks and come up with a solid strategy for trading in crypto.
SwissBorg DAO: The SwissBorg DAO is in charge of ecosystem governance. The DAO is a democratic system that allows on-chain voting and acts as a link between the project team and community members.
The use cases of CHSB token are:
The benefit of holding a CHSB token is that a token holder will own a security that can be traded and is registered in the cooperative registry through the Smart contract System.
A CHSB holder can join the SwissBorg Cooperative if they want to be more involved in how the cooperative is run and would like to become a member of the cooperative.
By holding this token, you will be able to vote on how SwissBorg is run and will be eligible for dividends in the future.
DATE NEWS/EVENTS IMPACT 07/05/2022 TerraUSD and LUNA both collapsed, and as a result, a number of crypto platforms folded in the aftermath -29% Decrease 18/08/2021 SwissBorg gets listed on Bitfinex Exchange +57% Increase 01/02/2021 DeFi boom drives up Universal Market Access (UMA), SwissBorg, and Siacoin (SC) +53% Increase 29/01/2021 DeFi boom drives up Universal Market Access (UMA), SwissBorg, and Siacoin (SC) +90% Increase
SwissBorg ran one of the most successful fundraising campaigns in 2017 and has produced a powerful product. SwissBorg solves the biggest problem of managing wealth and makes cryptocurrency investments available to everyone.
The Wealth App is a one-stop shop for crypto investments. It lets you deposit, buy, trade, manage, and withdraw all in one place, all with a clean and simple interface.
Also, SwissBorg is in full compliance with all relevant regulatory frameworks, which means that users can invest and participate in the digital assets field without worrying about breaking the law.
The team's community-based, democratic approach to thinking makes sure that all members can take part in the ecosystem's development. Currently, the product is offered in more than 100 countries, and more are on the way, making it truly worldwide.
