Swarm is providing decentralized storage and communication system. Instead of having a centralized storage service or communication system. Swarm is a system of P2P networked nodes that create a decentralized storage and communication service. Swarm token is created on the Ethereum blockchain and is used to give incentives to the node operators. Bee is a Swarm client implemented in Go, the app is already out on macOS, Windows, and Linux. Here is a step-by-step guide on how and where to buy Swarm token ICO from Coinlist. Here is a step-by-step video guide in Hindi on how to buy Swarm tokens ICO from Coinlist.
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What is Swarm BZZ Token?
Swarm token is created on Ethereum blockchain to incentivize Bee node operators, their Swarm client. The BZZ token is the token symbol for the Swarm token. Swarm grants and online events are supporting many interesting projects which are already building their products on top of Swarm.
You can buy BZZ tokens ICO only from Coinlist.
Swarm Token Public Sale ICO
The Swarm Token Community public sale allows the community to purchase up to $500 worth of BZZ tokens. The user will be able to buy BZZ tokens from Coinlist at $1.92 per coin.
Swarm token Sale date on Coinlist: 06/14/2021 at 17:00 UTC – 06/15/2021
Eligibility: Not for USA, Canada, and China individuals
Swarm token total supply: 62.5m
Swarm token ICO’s available for sale on Coinlist: 5,173,934
Minimum Purchase limit: $100
Maximum Purchase limit: $500
Official website: https://www.ethswarm.org
Swarm Token Whitepaper: Whitepaper
You can buy Swarm tokens from Coinlist with BTC, ETH, USDC, and USDT. Please follow the step-by-step guide on how to buy Swarm token mentioned below.
Why Swarm token ICO sale is a good investment?
There are more than 50 projects that are using Swarm P2P, XVD uses Swarm P2P to make people share signed documents easily. GetLoginEth is another project on Swarm that lets you securely sign on, sign in things based on Ethereum-based social applications. Zetaseek is a search engine. Waggle is an email service building on Swarm. So, there are several products are being created over Swarm. You can check all of the major projects from here.
Bee client has now been operational for a while, although without its crypto-economic feature. Projects such as Fairdrive, Waggle, Swarm. city, Beefree, Ready Fighter One, Atelier Ludensis, and many more have adopted Swarm Network and have been using it for their dApps. It’s going to boost as soon as these clients start using BZZ tokens.
Looking at its supply the ICO price looks a little overpriced. But looking at the circulating supply it has a lot of room to grow and we can expect about 4-8x of profits just after launch. And for those who want to invest long term, they can expect 8-12x in the next 1-2 years. For more such upcoming potential ICOs join us at our ICO page.
Who invested in Swarm Token?
Swarm completed a $6m private fundraising round from investors like Hashkey, NGC Ventures, DFG, KR1, and several others before their testnet in early February 2021. Apart from that, they are expected to raise another public funding from Coinlist.
How to buy Swarm Tokens from CoinList?
Click this link to register yourself to CoinList for buying Swarm BZZ Tokens. On clicking the link you will see the screen something like below:
Step by Step guide to buy Efinity token from CoinList
Once you create an account with CoinList. After that, you just need to follow the procedure. As you can see there are 5 steps to participate in Swarm BZZ token community sale.
Entity – Getting the details about the project. How much you want to purchase and all about coins. Fund your wallet and you can use BTC, ETH, USDT, or USDC to purchase the Efinity tokens.
Residence – You can participate in any sale unless you are from US, Canada, or China.
Identity – It needs KYC, so here is identification. Submit your ID proof documents. It can be anything, your driving license, passport, or id proof with your address on it.
Photos – In this step, you have to capture yourself live with the identification proof that you have just submitted.
Security – The risk warning and funding your wallet.
Status – It represents that you have completed the form and shows the status of your purchase. Once they deduct the funds you will now officially get the BZZ token as per their release schedule.
You will get your BZZ tokens in your account once the sale period ends after the sale completed. BZZ tokens will be released and will be in your Coinlist account on August 2, 2021. Later which you can sell it get listed on Coinlist Pro.
Learn how to buy Swarm token from Coinlist ICO in Hindi –
The Swarm token is a good project and the adaption is real, several projects are already using it to create dApps. From this buying guide, you can buy Swarm tokens in ICO which is a good deal and we know it’s going to jump higher. There is always a possibility that the platform gets hacked and its price turned to around negligible or maybe go to the moon. So, do your own research as well instead of blindly following anyone.