swapblocks

Let's change the markets.

today's problems

1. Middlemen

Middlemen increase transaction cost and oftentimes have an informational advantage.
Buyers & sellers must trust middlemen in order to participate.



2. Corporate Actions

Principal & interest payments, dividends & other corporate actions are slow, manual, expensive processes that are prone to human error. These actions are managed by third parties, representing another layer of cost and inefficiency.



3. Centralized Ownership Lineage & Custody

Custody of assets is held by 3rd parties which creates security vulnerabilities. Settlements are slow, inefficient & costly



4. Illiquidity

Non-exchange traded assets are typically illiquid (eg. Real Estate investments, private equity, hedge funds, bonds). Markets are not tradable 24/7 leading to inefficiency (eg. Asian markets can trade on news while US markets are closed & vice versa).



tomorrow's solutions

1. Middlemen

The swapblocks protocol reduces the role of middlemen to advisory/underwriting roles and liquidity providers. Completed & existing orders in any market are viewable by buyers & sellers, removing informational asymmetry. No trusted intermediary required.



2. Corporate Actions

Stock splits, proxy voting, P&I payments & dividends can be fully or partially automated. Central securities depositories can be disintermediated.



3. Centralized Ownership Lineage & Custody

Participants can retain custody of their assets. Decentralized trading removes the need for central securities depositories to hold your assets. Settlement is instant and fully automated.



4. Illiquidity

Traditionally illiquid assets can be easily traded in compliance with regulatory requirements and markets become tradable 24/7.



swapblocks repo

The premier digital repurchase platform.

Swapblocks Repo is designed to guide companies on a stable venture into blockchain repurchase agreements

About

Swapblocks Repo is a digital platform for corporations to engage in distributed ledger repurchase agreements (repos). The application uniquely leverages bilateral repurchase agreements coded into the blockchain to build an untapped lending network. Swapblocks Repo avoids higher brokers and banking fees and significantly shortens processing. Over time, Swapblocks Repo establishes a community of users that can quickly respond to opportunities which require capital to move forward. At the conclusion of the loan's term, interest and principal are seamlessly delivered to the respective parties to the transaction. It is designed to:

Generate liquidity: Traditionally, repurchase agreements have been used by the $2.67 T money market sector, hedge funds, and large commercial banks. Swapblocks Repo seeks to fill the gap for underserved, micro-capitalization ($50-300M) corporations that already have collateralized debt (repurchase agreements) on their books.

Reduce credit risk and fees: Centralized repurchase agreements are more costly and less transparent than those performed over a permissioned ledger. Swapblocks Repo delivers the same stability of traditional repos at a lower cost, and with shortened processing times.

Modernize the Repurchase market: The repurchase agreement is a long-established financial instrument; now, it is enhanced by the endless possibilities created by open ledger applications.

Utilization of Smart Contracts: One of the most promising applications of blockchain technology is the smart contract. It improves efficiency in commercial transactions by automatically executing the components of its code. This reduces middleman expenses.

coin distribution

Pre-sale and public sale dates to be determined.

Ticker

SBX

Supply

100M + Block Rewards

Initial Price

$0.0303

60%

Pre and Public Sale

60,000,000 tokens

20%

Development Fund

20,000,000 tokens

7%

Bounties

7,000,000 tokens

8%

Management

8,000,000 tokens

2%

Advisors

2,000,000 tokens

3%

Airdrop

3,000,000

swapblocks outlook

This is our Roadmap

White Paper

Our White Paper is released.

ARK Core V2 based testnet

Launching a testnet based on
ARK Core V2

Asset Wallet

Custom wallet with asset interface.

Fiat Consortium

Create Fiat consortium managing registered Fiat-
backed assets on swapblocks.

Asset Managers & Governments

Contracting with asset managers and
governments

DPoS Blockchain

Swapblocks DPoS blockchain (ARK Clone).

Asset Management Protocol

Beta release of swapblocks asset management
protocol.

Partnership Development

Strategic partnerships.

New Asset Classes

Strategic expansion into new asset classes.

swapblocks outlook

This is our Roadmap

White Paper

Our White Paper is released.

DPoS Blockchain

Swapblocks DPoS blockchain (ARK Clone).

ARK Core V2 based testnet

Launching a testnet based on
ARK Core V2

Asset Management Protocol

Beta release of swapblocks asset management
protocol.

Asset Wallet

Custom wallet with asset interface.

Partnership Development

Strategic partnerships.

Fiat Consortium

Create Fiat consortium managing registered Fiat-
backed assets on swapblocks.

New Asset Classes

Strategic expansion into new asset classes.

Asset Managers & Governments

Contracting with asset managers and
governments

meet the team

Together, the founding team has vast knowledge and experience in brokerage, lending and software development. Based in the banking hub of Charlotte, North Carolina, the team is strategically positioned to impact the financial markets.

Lance Rogers

CTO

Carlos Medina

CEO

Andy Vincent

COO

Shelby Setzer

CIO

meet the advisors

Henry Jiang

Director of Treasury Fraud & Analytics, Bank of America

Jamie Cupper

FMR. Chief Blockchain Officer, LWF

Georgi Stoyanov

Network Architect, Louisiana State University

Troy Pelshak

International Project Manager

Brandon Mcpherson

Treasury Finance Consultant, Wells Fargo

Atif Farid Mohammad

Sr. Data Scientist, UNC Charlotte

Partners

faq

Get answers to our most commonly asked questions about swapblocks

What type of platform is swapblocks?
SWAPBlocks is a decentralized asset management and exchange platform built on a Delegated Proof of Stake (DPoS) blockchain.
How is swapblocks different from security token competitors?
Most of swapblocks’ competitors are DAPPs on the Ethereum network. As a full blockchain protocol, we provide SBX holders decentralized power over the network and a sound tokenomics model. The swapblocks consortium model is also a much more efficient way to manage compliance and transaction governance compared to simple smart contract governance. Additionally, the swapblocks protocol will incorporate native decentralized exchange (DEX) functionality. This isn’t meant to exclude other exchanges, but it will remove reliance upon them.
What types of assets can be issued on swapblocks?
Swapblocks can be used to list any asset that requires a chain of custody. Our main value add is the ability to send private forms along with each transaction. The ability to send arbitrary data through swapblocks allows users to build one data conversion process with swapblocks instead of building a separate process for each client system the issuer interacts with. Some examples include equities, bonds, derivatives, real estate, fund shares, stable coins and crypto-proxy tokens.Simple utility tokens may be better served by other platforms. Other use cases can be found in the white paper.
Can anyone operate a node?
Anyone can operate a routing node and/or seek election as a delegate. Joining a consortium will likely require differing processes for various markets, depending on the regulatory requirements for the asset type in a given jurisdiction and the type of data required in the consortium data packet for transaction validation. Municipal nodes are issuers of a tokenized asset on the protocol and may be a consortium member for a given market as well.
How does delegate voting work?
Holders of SBX vote for delegates they believe will benefit the network. Each SBX will allow for a specified number of votes (to be determined), which the holder can allocate to one or more candidates. Anyone can seek election as a delegate. Delegate candidates are encouraged to publicize their platform. SWAPBlocks will strive to foster a competitive delegate environment where competition results in the most qualified delegates. Should delegates not perform their duties appropriately or fail to deliver on their campaign promises they can be replaced via the same voting mechanism.
When will the bounty program launch?
We announce bounties on an as needed basis. If you would like to participate please join our discord channel and check the #bounties channel periodically.
What are ways delegate candidates can incentivize voters?

Delegates can promise a wide range of incentives to voters, but a couple examples include 1) Reinvesting block rewards and/or transaction fees back into the network via a development fund or bounty program, and 2) Returning a percentage of block rewards to users who voted for the delegate.
Why is there no hard cap on SBX supply?
Block rewards incentivize delegates to secure the network. This is an integral part of the blockchain protocol. As such, the uncapped supply simply allows for delegates to continue receiving block rewards into the future. After the initial distribution of coins in the genesis block, there will be no new coins minted except those released via block rewards.
Who can create applications or run businesses on swapblocks?
Anyone can create applications or establish businesses on the protocol. Some examples include trading platforms that link to the SWAP DEX, stable coin issuers, and KYC/AML/Accreditation providers that manage white listing for consortiums/municipals.
Can I operate multiple node types at the same time.

Yes, you can operate multiple node types simultaneously.

Who can participate in the public sale?
Details of the public sale are still being determined. The regulatory environment around token sales is unclear. We will release more details around the public sale and investor eligibility as we move closer to launch.
Who can participate in the pre-sale?
At this time, we plan to run the pre-sale under US Reg. D rule 506(b) exemption. This exemption mandates that investors must be accredited. Coins will be sent directly sent to your SBX wallet after verifying your investment eligibility and receiving payment.
When is the airdrop happening?
The airdrop will take place sometime after the pre-sale has concluded and the bounty program has launched, but before the public sale. Specific dates will be announced once determined. The purpose of the airdrop is to improve network effects and reward supporters of the network.
Are SBX coins allocated to swapblocks, Inc. & management subject to a lockup period?
Yes, SBX coins allocated to swapblocks, Inc. or management will be subject to a 36 month waterfall escrow beginning at the start of the main net launch.

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