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SWYCH

goswych.com

Stage

Corporate Majority | Acquired

Total Raised

$4.91M

About SWYCH

SWYCH offers a mobile platform which allows distribution of digital gifts that can be instantly delivered internationally and can be redeemed by the recipient at a local retailer of their own choice on the SWYCH app.

Headquarters Location

555 Republic Drive Ste 200

Plano, Texas, 75074,

United States

972-665-8691

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Expert Collections containing SWYCH

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

SWYCH is included in 2 Expert Collections, including Payments.

P

Payments

2,571 items

Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.

F

Fintech

7,750 items

US-based companies

SWYCH Patents

SWYCH has filed 1 patent.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

5/31/2016

Mobile payments, Payment systems, Units of information, Google services, Credit cards

Application

Application Date

5/31/2016

Grant Date

Title

Related Topics

Mobile payments, Payment systems, Units of information, Google services, Credit cards

Status

Application

Latest SWYCH News

Titano Takes On The Bear – And Wins

Nov 2, 2022

Coinpedia Crypto Journalist and Editor of guest articles in CoinPedia. I am also handling Outreach & Partnerships Manager. Contact me: [email protected] Nov 2, 2022 Bear market, you say? That hasn’t stopped Titano, who have been aggressively building through it all. Back in September, Titano launched T.S.P., the Titano Stable Pool, and a brand new game called LastBlock. This means you can now stake your Titano to earn daily rewards in BUSD stablecoin or play a skill and strategy crypto game using your Titano, with a chance to earn passive rewards and potentially a big jackpot too! In addition to these combined utilities, Titano is relaunching their SWYCH DEX at SWYCH.finance with updated features and a goal to make it a top 5 DEX on the Binance Smart Chain! What does that mean for you and what does it mean for existing Titano holders? I’m glad you asked! A DEX is a decentralized exchange that allows you to swap your assets directly on-chain. Everything is handled by immutable smart contracts. This means, no middlemen, no human interference to slow things down or add unnecessary cost, no KYC and low fees in comparison to most centralized exchanges. Plus, a portion of this fee goes to liquidity providers so the exchange can maintain the liquidity that holders so highly prize. The initial SWYCH DEX was launched a few months ago to solve a problem that Titano was having with the third party exchange they were using. Titano had noticed that the Titano tokens being collected in swap fees were allowed to compound through the Titano auto-rebasing mechanism before being dumped onto the open market by the exchange they were using. This is a commonplace tactic and one major drawback from using a DEX. In Titano’s case, with the rebasing creating huge Titano holdings for the third party DEX, it was unsustainable. Titano’s SWYCH DEX solved this by offering the same low fees as other DEXs but added the promise to burn all native tokens collected by SWYCH. This is a revolutionary move which means all projects launching or listing on SWYCH now enjoy the deflationary benefits on every swap of their token. With low fees (0.25%) and the promise to burn all native tokens, SWYCH DEX was already a very attractive proposition for DeFi projects but initially it was only open to Titano. The relaunch of SWYCH DEX in October 2022 opens the DEX up to all projects on the BNB Smart Chain and promises to add a full suite of traditional DEX services starting with a brand new launchpad where new projects can apply to launch, raise funds, and list, all on a single platform with immediate access to investors. Future updates will include a staking and farming platform as well as an NFT marketplace. Other unique features will include consultation services for marketing and launch strategies with access to a community of over 70,000 Titano members. Titano aims to treat projects on their DEX like partners and offer services that will help the project succeed. There’s over $4 million in liquidity already established and daily trade volume average more than $30,000. SWYCH is currently onboarding new projects to the DEX, so if you’re looking for a place to launch, raise, and list, this is it! Reach out via the social channels and view the whitepaper today! Find out how you can benefit from this new, powerful DEX model on the BNB Smart Chain! Disclaimer: This is a press release post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company.

SWYCH Frequently Asked Questions (FAQ)

  • Where is SWYCH's headquarters?

    SWYCH's headquarters is located at 555 Republic Drive, Plano.

  • What is SWYCH's latest funding round?

    SWYCH's latest funding round is Corporate Majority.

  • How much did SWYCH raise?

    SWYCH raised a total of $4.91M.

  • Who are the investors of SWYCH?

    Investors of SWYCH include Finablr and UAE Exchange Centre.

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