SwissBorg

What is SwissBorg?

SwissBorg provides a cryptocurrency wealth management platform with a vision of being robust, diverse, and inclusive. The platform features an application designed for investing and earning yields, enhanced by an AI-powered Smart Engine, asset assessment, and portfolio analytics. Within the SwissBorg ecosystem, a decentralized autonomous organization (DAO) empowers users interested in network governance by assigning them various roles and responsibilities. In recognition of their contributions, these participants receive compensation in the form of the native CHSB token. This versatile token can be staked for access to premium membership perks or held in a Smart Yield account, generating optimized returns as part of a cryptocurrency portfolio strategy.

Recent Video Interview

Main points of the interview:

• SwissBorg's Role: key participant in verifying data for Galactica, serving as one of the Guardian nodes.
• Ensuring data integrity without associating it with specific on-chain activity.
• SwissBorg enables users to generate proofs about their data without compromising privacy.

The CHSB Token

The CHSB token serves as a catalyst for SwissBorg's network engagement, offering incentives for active involvement and holding a pivotal position in platform governance. Those in possession of CHSB tokens possess the ability to participate in referendums that influence the direction of the SwissBorg application. Apart from the rewards associated with governance and voting rights, CHSB holders can continuously contribute to the network, enhancing both their personal yield-bearing pursuits and the advantages stemming from the platform's expansion. By staking CHSB tokens, users unlock access to premium membership tiers that offer supplementary benefits.

SwissBorg Team Background and Partners

Cyrus Fazel, one of the co-founders, currently holds the position of CEO at SwissBorg. He completed his studies in international business management at the EDHEC Business School in 2007. His professional journey commenced as a portfolio advisor with Julius Baer in 2007. Subsequently, Fazel transitioned to the role of hedge fund advisor at Aramis Capital. In 2016, his passion for personal finance led him to play a pivotal role in establishing SwissBorg.

As for Anthony Lesoismier-Geniaux, he is the other co-founder serving as the CTO of SwissBorg. He graduated in finance from Polytech Nice Sophia in 2008 and promptly embarked on his career in the industry. Initially, he worked as an assistant fund manager, progressing to become the head of digital advisory at JFD Wealth. In 2016, Lesoismier-Geniaux teamed up with Cyrus Fazel to co-found SwissBorg.

Some of SwissBorg's partners include Klin, Block Green, and OpenPayd.

SwissBorg Project Development

Tthe BORG smart contract has effectively cleared the Hacken audit, which is a crucial advancement in the project's roadmap, underscoring the dedication to stringent security protocols, transparency, and excellence in preparation for the forthcoming transition to the BORG token.

The successful conclusion of the Hacken audit marks a significant stride forward. The BORG smart contract has received a commendable perfect score of 10 out of 10, with no issues discovered even during the subsequent remediation assessment. This outcome serves as an endorsement of the robustness and dependability of the smart contract, indicating its readiness for the subsequent phase - the migration process.

The objective is to grant BORG holders an authentic yield by actively participating in established DeFi protocols. The organic yield isn't just a theoretical concept; SwissBorg is actively engaging the BORG token with on-chain protocols to make this yield a reality. This approach ensures that the yield is both real and a result of the BORG token's active involvement in the decentralized finance landscape. The timeline for unveiling this yield indicates that it will be accessible within and beyond the SwissBorg app, likely between Q4 2023 and Q1 2024. Throughout this period, continuous efforts will be made to enhance and expand functionalities, providing BORG holders with optimal benefits.

SwissBorg Price Analysis

As of November 25 2024 SwissBorg has a marketcap of $215M. This is {{percentagefromath}} from its all time high of $1.64. In terms of its tokenomics, there's a total supply of 984M with 100% currently outstanding. Keep in mind SwissBorg has a fully diluted value of $215M which many investors might interpret as overvalued.

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.

Summarized in part by ChatGPT 4 and Claude