This document outlines how the SwiftDemand token sale will function. Please make sure that before doing the token sale you have fully read this document as well as the token sale agreement.

Please note that U.S., Chinese, and Singapore citizens as well as all people from sanctioned countries are not eligible to participate in the token saledue to regulatory restrictions.

IMPORTANT INFORMATION

The SwiftDemand token sale is split up into two stages. The first stage is a dutch auction which is used to fairly decide the price of Swifts and allow people to reserve the amount of Swifts they want to purchase in the token sale. The second stage will occur where users will have their KYC documents processed and then be allowed to purchase Swifts once all information has been fully verified.

Step 1 — Registration (Skip if already registered)

Sign up for SwiftDemand

![image](https://img.esteem.ws/ahmle2c3vx.jpg)
Verify your account

![image](https://img.esteem.ws/3yb4c0sz0l.jpg)
Step 2 — KYC Application

Go to https://www.swiftdemand.com/tokensale

Fill out the entire KYC form

![image](https://img.esteem.ws/o317tylwq1.jpg)
Upload your documents including government ID and face photos

![image](https://img.esteem.ws/qbfsitn1yb.jpg)
Check that all information is correct then submit the form

Step 3 — Early Bidding

The dutch auction will formally begin on April 8th at 18:00 UTC and will end when all tokens have been purchased or the minimum price has been reached.

You may at this point choose to enter an early bid or wait to see how the auction progresses and only bid during the dutch auction.

Please note: ALL SUCCESSFUL BIDS WILL RECEIVE THE MAXIMUM AMOUNT OF SWIFTS BASED ON THE LAST SUCCESSFUL BID

Enter the amount of Ethereum you wish to use to use to buy Swifts.

Warning: Your bid must be in an increment of 0.1 with a MAX of 30.0 ETH

Warning: A bid is a legal obligation to purchase Swifts at the reserved price.

Option 1

Buy Swifts at the whatever the ending sale price is.

![image](https://img.esteem.ws/8oudveim0q.jpg) Option 2

Make a customized bid that only activates once the sale price has reached your required ETH per Swifts ratio.

![image](https://img.esteem.ws/9zql3mknpe.jpg)
Step 4 — Dutch Auction

On April 8th 18:00 UTC the dutch auction will begin.

THIS AUCTION IS ONLY TO DETERMINE THE PRICE. SUCCESSFUL BIDS DO NOT GUARANTEE YOU WILL BE ABLE TO PURCHASE SWIFTS.

The starting price for the auction will be:

1 ETH = 5,000 SFT

Every 10 minutes the amount of Swifts per ETH will increase by 10% e.g.

Auction Start: 1 ETH = 5,000 SFT10 minutes after start: 1 ETH = 5,500 SFT20 minutes after start: 1 ETH = 6,050 SFT

This pattern will repeat until all 200,000,000 have been purchased OR the price of 1 ETH = 1,000,000 SFT has been reached. At this point the price of SFTs will be locked in.

![image](https://img.esteem.ws/ae3v0zz7yq.jpg)
The above image is only an example

Your Commitment — The amount of ETH you have pledged to commit (will only show if your bid has filled).Swifts — The amount of Swifts you will receive for the committed ETH based on the current price (will only show if your bid has filled).Next Price — The amount of time until the Current Price increase by 10% (Increases occur once every 10 minutes after the first increase)Current Price — The current amount of Swifts per ETH that is needed to have your bid filled.Next Price — The next Current Price.Your Bid — The amount of ETH you pledge to commit IF the price reaches the amount specified in your commitment.SFT Per ETH Bid — The price you have specified at which your pledge can be filled.Bid Status — The current status of your bid. This will be FILLED when Current Price passes your SFT Per ETH Bid.All Commitments — The total amount of ETH committed at the Current Price.Tokens Reserved — The total amount of Swifts reserved based on total ETH committed and Current Price.Remember that all bids will receive the best bid price. This means:You bid 5 ETH at the price 1 ETH = 5,000 SFTThe auction ends at 1 ETH = 20,000SFTYou will receive 100,000 SFT NOT25,000 SFT

You can track the status of the auction on https://www.swiftdemand.com/tokensale

swiftdemand Go to the profile of Christopher Gregorio Christopher Gregorio Founder of SwiftDemand Apr 2 SwiftDemand Token Sale This document outlines how the SwiftDemand token sale will function. Please make sure that before doing the token sale you have fully read this document as well as the token sale agreement. Please note that U.S., Chinese, and Singapore citizens as well as all people from sanctioned countries are not eligible to participate in the token sale due to regulatory restrictions. IMPORTANT INFORMATION The SwiftDemand token sale is split up into two stages. The first stage is a dutch auction which is used to fairly decide the price of Swifts and allow people to reserve the amount of Swifts they want to purchase in the token sale. The second stage will occur where users will have their KYC documents processed and then be allowed to purchase Swifts once all information has been fully verified. Step 1 — Registration (Skip if already registered) Sign up for SwiftDemand Verify your account Step 2 — KYC Application Go to https://www.swiftdemand.com/tokensale Fill out the entire KYC form Upload your documents including government ID and face photos Check that all information is correct then submit the form Step 3 — Early Bidding The dutch auction will formally begin on April 8th at 18:00 UTC and will end when all tokens have been purchased or the minimum price has been reached. You may at this point choose to enter an early bid or wait to see how the auction progresses and only bid during the dutch auction. Please note: ALL SUCCESSFUL BIDS WILL RECEIVE THE MAXIMUM AMOUNT OF SWIFTS BASED ON THE LAST SUCCESSFUL BID Enter the amount of Ethereum you wish to use to use to buy Swifts. Warning: Your bid must be in an increment of 0.1 with a MAX of 30.0 ETH Warning: A bid is a legal obligation to purchase Swifts at the reserved price. Option 1 Buy Swifts at the whatever the ending sale price is. Option 2 Make a customized bid that only activates once the sale price has reached your required ETH per Swifts ratio. Step 4 — Dutch Auction On April 8th 18:00 UTC the dutch auction will begin. THIS AUCTION IS ONLY TO DETERMINE THE PRICE. SUCCESSFUL BIDS DO NOT GUARANTEE YOU WILL BE ABLE TO PURCHASE SWIFTS. The starting price for the auction will be: 1 ETH = 5,000 SFT Every 10 minutes the amount of Swifts per ETH will increase by 10% e.g. Auction Start: 1 ETH = 5,000 SFT 10 minutes after start: 1 ETH = 5,500 SFT 20 minutes after start: 1 ETH = 6,050 SFT This pattern will repeat until all 200,000,000 have been purchased OR the price of 1 ETH = 1,000,000 SFT has been reached. At this point the price of SFTs will be locked in. The above image is only an example Your Commitment — The amount of ETH you have pledged to commit (will only show if your bid has filled). Swifts — The amount of Swifts you will receive for the committed ETH based on the current price (will only show if your bid has filled). Next Price — The amount of time until the Current Price increase by 10% (Increases occur once every 10 minutes after the first increase) Current Price — The current amount of Swifts per ETH that is needed to have your bid filled. Next Price — The next Current Price. Your Bid — The amount of ETH you pledge to commit IF the price reaches the amount specified in your commitment. SFT Per ETH Bid — The price you have specified at which your pledge can be filled. Bid Status — The current status of your bid. This will be FILLED when Current Price passes your SFT Per ETH Bid. All Commitments — The total amount of ETH committed at the Current Price. Tokens Reserved — The total amount of Swifts reserved based on total ETH committed and Current Price. Remember that all bids will receive the best bid price. This means: You bid 5 ETH at the price 1 ETH = 5,000 SFT The auction ends at 1 ETH = 20,000 SFT You will receive 100,000 SFT NOT 25,000 SFT You can track the status of the auction on https://www.swiftdemand.com/tokensale Step 5 — Application Processing & Payment All successful bidders will have their documents run through the KYC and AML process and checked thoroughly. Bidders who have their information verified successfully will then have their Ethereum public key and bid amount white listed. After this process has been completed you will have (3) days to pay for your Swifts which will be found at https://www.swiftdemand.com/tokensale . THE ETHEREUM ADDRESS WILL ONLY BE AVAILABLE AT HTTPS://WWW.SWIFTDEMAND.COM/TOKENSALE WE WILL NOT EMAIL YOU THE ADDRESS. IF YOU RECEIVE AN EMAIL WITH AN ADDRESS, IT IS A SCAM WE WILL NOT POST THE ADDRESS ON TWITTER, FACEBOOK, TELEGRAM, OR ANY OTHER SOCIAL MEDIA PLATFORM. WE WILL NOT DIRECTLY CONTACT YOU IN ANY WAY WITH THE ADDRESS. IF YOU SEE AN ADDRESS NOT ON HTTPS://WWW.SWIFTDEMAND.COM/TOKENSALE THERE IS A 100% CHANCE THAT IT IS A SCAM Step 6 — Token Distribution Within (30) days of the sale being completed Swifts will be delivered to the Swift Address associated with your account. Please note that this is not an ERC-20 token. Swifts will exist on an entirely separate blockchain and you will be responsible for managing your funds. No explicit action is required to receive your Swifts. Written by: Christopher Gregorio, Founder & CEO of SwiftDemand https://twitter.com/zaguios https://medium.com/swiftdemand/swiftdemand-token-sale-97a09ab0871e