>The email shows two big misunderstandings in how SwiftDemand works.
Well, since an HN comment isn't under the pressure of a 10-minute speed date and you can take control of your own narrative right here in this forum... Can you gather your thoughts and explain in 1 or 2 concise sentences how SwiftDemand works?
Your concise sentences should basically answer:
+ What's the revenue model? Is it memberships/subscriptions or ad revenue? Why would the buyers (consumers or businesses) pay money into the SwiftDemand ecosystem?
+ how SwiftDemands YC's $150k seed investment at 7% equity turns into ~$50 million. (Those example numbers assume YC's 7% being diluted twice down to ~4% with subsequent investments, and a ~$1+ billion dollar exit valuation.)
Your webpage mentioning "everyone gets 100 Swifts a day" and "3% fee" doesn't really explain the commercial _value_ of the UBI blockchain. This would also explain the motivation of _why_ people would pay non-Swifts currency like $USD to convert it into Swifts UBI blockchain.
Your other comment summarizing it to "to become a global currency that focuses on social economic good in the form of UBI" doesn't really connect the dots of how YC gets a ~$50 million return on their investment.
Well, since an HN comment isn't under the pressure of a 10-minute speed date and you can take control of your own narrative right here in this forum... Can you gather your thoughts and explain in 1 or 2 concise sentences how SwiftDemand works?
Your concise sentences should basically answer:
+ What's the revenue model? Is it memberships/subscriptions or ad revenue? Why would the buyers (consumers or businesses) pay money into the SwiftDemand ecosystem?
+ how SwiftDemands YC's $150k seed investment at 7% equity turns into ~$50 million. (Those example numbers assume YC's 7% being diluted twice down to ~4% with subsequent investments, and a ~$1+ billion dollar exit valuation.)
Your webpage mentioning "everyone gets 100 Swifts a day" and "3% fee" doesn't really explain the commercial _value_ of the UBI blockchain. This would also explain the motivation of _why_ people would pay non-Swifts currency like $USD to convert it into Swifts UBI blockchain.
Your other comment summarizing it to "to become a global currency that focuses on social economic good in the form of UBI" doesn't really connect the dots of how YC gets a ~$50 million return on their investment.