switcheo Cryptocurrency

Switcheo Network

(Exchange)
Switcheo is a Decentralized Exchange (DEX) built on the NEO platform. It allows for the trustless exchange of NEP-5 tokens and may expand to other cross-chain tokens in the future.

Token Sale Info:

  • Ticker: SWH
  • ICO Start: March 16th, 2018
  • ICO End: March 23rd, 2018
  • ICO Token Price: 1 SWH = $0.016 USD
  • Bonus: Yes
  • Platform: NEO (NEP-5 Token)
  • Accepts: NEO, GAS
  • Hard Cap: $8,700,000 USD
  • Total Token Supply: 1,000,000,000

SWITCHEO (SWH) TOKEN:

Switcheo team will launch the token contract for Switcheo (SWH) Tokens no earlier than the 16th of March, 2018 on the NEO Blockchain as a NEP-5 Token.
1,000,000,000 SWH Tokens may be minted in total, and no additional tokens will be minted in future.

The allocations for SWH are as per follows:
  • 20% ​(200,000,000 SWH Tokens) will be allocated to the Public Sale;
  • 48.3% ​(483,000,000 SWH Tokens) ​have been allocated to Strategic Partners;
  • 25% ​(250,000,000 SWH Tokens) will be reserved for the Switcheo Team to further incentivize development of the Switcheo DEX, and the tokens will be vest monthly on a 2 year schedule with a 3 month cliff; and
  • 6.7% ​(67,000,000 SWH Tokens) will be reserved for Marketing Campaigns & Official Partnerships.
BASE TRADING PAIR - SWH Tokens will be added as a base pair while trading on the Switcheo DEX through the Switcheo UI.

SUBSIDISED TRADING FEES - SWH Tokens can be used to subsidise trading fees on the Switcheo DEX by 50%. Users may toggle this option in the trading UI. SWH Tokens will be burnt when they are used to pay trading fees.

USED FOR CROSS SWAP - SWH Tokens will be used as the base token when doing cross swaps to other chains in future.

SWITCHEO ARCHITECTURE:

On centralized exchanges, most of the functional logic and data are performed and stored on their own servers. Switcheo’s main operations, however, are mainly executed by a smart contract residing on NEO’s decentralized blockchain.

There are 4 core components that make up the Switcheo DEX:
  • A front facing user interface that interacts with the smart contract
  • Custom blockchain nodes to log smart contract events and interactions
  • Off-chain order history database and API
  • Broker smart contract

Roadmap:

  • Q4 2017 - Switcheo MVP Demo
  • Q1 2018 - Launch of Switcheo DEX for NEO, GAS & NEP-5
  • Q2 2018 - Launch of QRC20 trading
  • Q3 2018 - Launch of ERC20 trading
  • Q4 2018 - Cross-swap feature using SWH and Wanchain
  • 2019 - Launch of trading for top 5 chains

Team:

Ivan Poon

Blockchain Developer

Henry Chua

Frontend Developer

Sng Ping Chiang

Backend Developer

Jack Yeu

Business Development

View More


Twitter Feed:

3 days ago
Glimpse into The Future — #Switcheo Blockchain and #Callisto Preview

Find out more about the following:
- Preview of New Trading Interface
- Callisto & Cross-Chain Status
- Updates on Weekly Round-Up
- Blockchain Pioneers Summit

https://t.co/s0eQjgMik5

#SWTH #NEO
3 days ago
Our CCO, Jack Yeu, speaking now at the panel discussion at Blockchain Pioneers Summit!

#Switcheo $SWTH https://t.co/k3LMfR81ZJ
SwitcheoNetwork photo
7 days ago
Our CCO, Jack Yeu, will be speaking at the Blockchain Pioneers Summit alongside other influential crypto leaders in the space. Find out more details here: https://t.co/4RQ0BrYCoa

Use the promo code: switcheo30 to receive a 30% discount. https://t.co/MrSgdXqz5v
SwitcheoNetwork photo
1 week ago
#Switcheo Weekly Round-Up #22

Find out more about the following:
- New Trading Interface
- Callisto Schedule
- SwitcheoFUN Winners
- SwitcheoDRAW winners [Fourth Round]

https://t.co/gvSF5f0MQE
1 week ago
Congratulations to our last batch of SwitcheoDRAW winners! All winners have been notified by the Switcheo team.

Thank you all that participated in SwitcheoDRAW. https://t.co/N0pyTVF283
SwitcheoNetwork photo

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