Swarm Launches Service for Digitizing Assets
Blockchain project, Swarm, has announced the launch of Swarm Capital, a premium service for digitizing assets. Swarm Capital is the first service to be built on top of the SWARM Protocol. Whilst SWARM is a non-profit network, Swarm Capital will expand the product offering of the network to businesses, demonstrating how businesses can use the open and regulatory-compliant blockchain for digital assets. Customers will now be able to leverage on SWARM’s infrastructure whilst exploring other premium services.
The result is à la carte and white-label services for issuers and issuance service firms who desire additional support in the creation and lifetime management of their security token offerings.
Swarm Capital already has a product dubbed “Earlybird” which surprisingly has attracted six digital asset issuers barely 14 days after its soft launch. Issuers are using the product to gain insights about their possible investor base.
[Earlybird is] a lead generator tool for issuers to gauge interest and gather data about their investor base before launching their security token offering.