switcheo Cryptocurrency
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:

7 days ago
#Switcheo X  @nOSplatform Trading Competition

Stand a chance to win from a pool of 100,000 NOS! Details on how to register have been updated on the Medium article.

For more information: https://t.co/zNTy1vWAhz

#SwitchtoSwitcheo $SWTH $NEO
1 week ago
#Switcheo X @nOSplatform Trading Competition

Stand a chance to win from a pool of 100,000 NOS!

For more information: https://t.co/zNTy1vWAhz

#SwitchtoSwitcheo $SWTH $NEO
1 week ago
We are delighted to announce that @nOSplatform (NOS) will be listed on #Switcheo Exchange on 9th November 2018 at 11am SGT (UTC+8)! Deposits are available at 1030am for nOS (NOS) and trading will begin at 11am SGT.

https://t.co/wSxvlJAhoa

#SwitchtoSwitcheo $SWTH
1 week ago
In preparation for Callisto’s official launch, we are proud to announce our newly revamped website. Explore exciting events like trading competitions, giveaways, and more!

To find out more behind the concept of our new website: https://t.co/4jovvdUL9O
1 week ago
The exchange is now back up and trading can now be resumed.
Users can now trade on our beta exchange website with the newly launched trading user interface.

To visit the beta exchange website: https://t.co/Kwc3ENDHns

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