SwissBorg (BORG)
SwissBorg is a comprehensive cryptocurrency management platform designed for retail users. Launched during the initial coin offering (ICO) era of 2017, the platform has grown significantly, boasting over 1 million registered users by 2024. SwissBorg offers a versatile app that enables users to manage their cryptocurrency and fiat investments efficiently. Through this app, users can exchange crypto and fiat, earn yield, purchase bundles of cryptocurrencies, and access investment opportunities via its launchpad.
History of SwissBorg
SwissBorg was founded in Switzerland during the ICO boom of 2017. The ICO ran from December 7, 2017, to January 10, 2018, successfully raising $50 million to initiate the project. This substantial funding provided the foundation for SwissBorg to develop its platform and expand its service offerings. In the first quarter of 2023, SwissBorg conducted a Series A funding round, raising over 21 million Swiss Francs (CHF) from 16,660 investors, both large and small. This further bolstered the company's financial standing and supported its ongoing growth and development.
| Ticker | BORG |
| Category | Finance / Banking |
| Website | https://swissborg.com/en/ |
| @swissborg | |
| Telegram | swissborg |
| https://www.reddit.com/r/swissborg/ | |
| Contract Addresses | |
|---|---|
| ethereum | 0x64...24 Copied! |
| solana | 3d...3ZCopied! |
| energi | 0x56...e3Copied! |
Features of the SwissBorg app
The SwissBorg app is a multifaceted tool that offers a variety of features to its users. These include:
On/off ramp
SwissBorg provides an on/off ramp service that allows users to seamlessly convert between cryptocurrencies and fiat currencies. This feature simplifies the process of entering and exiting the crypto market, making it accessible to users of all experience levels.
CEX & DEX aggregator (MEX)
The app includes a centralized exchange (CEX) and decentralized exchange (DEX) aggregator known as MEX. This feature allows users to access multiple exchanges to find the best rates and liquidity for their trades, optimizing their investment strategies.
Staking and passive income opportunities (Earn)
SwissBorg offers staking and other passive income opportunities through its Earn feature. This allows users to earn yield on their cryptocurrency holdings, providing an additional revenue stream for investors.
Cryptocurrency bundles (Thematics)
The app's Thematics feature enables users to purchase bundles of cryptocurrencies. This allows for diversified investment strategies, helping users to manage risk and potentially increase returns.
Launchpad & one-time opportunities (Alpha Early Deals)
SwissBorg users can access its launchpad for new investment opportunities, known as Alpha Early Deals. This feature provides users with the chance to invest in promising projects at an early stage, potentially benefiting from future growth.
Airdrops
SwissBorg is one of the few centralized entities that redistributes airdrops directly to its users. This feature ensures that users benefit from additional tokens distributed by various projects, enhancing their overall investment portfolio.
The BORG token
Role of BORG in the SwissBorg ecosystem
BORG is an integral component of the SwissBorg experience, providing users with access to additional utilities within the app. Holding BORG tokens unlocks a range of benefits, enhancing the user experience and offering incentives for continued engagement with the platform.
Benefits of holding BORG
Users who hold BORG tokens can access a variety of benefits, including:
- Lower exchange fees: Holding BORG can reduce the fees associated with trading on the SwissBorg platform, increasing cost efficiency for users.
- Higher allocation in launchpads: BORG holders may receive a higher allocation in launchpad investments, allowing for greater participation in new projects.
- Higher yield on Earn strategies: Users can enjoy increased returns on their Earn strategies by holding BORG tokens.
- Increased voting power: BORG holders have enhanced voting power in referendums proposed by SwissBorg, allowing for greater influence over the platform's development and decision-making processes.
Premium tiers and campaigns
SwissBorg offers Premium Tiers and ad-hoc campaigns for BORG holders, providing additional benefits and incentives. These programs reward users for their loyalty and engagement, creating a more rewarding experience for those who actively participate in the SwissBorg ecosystem.