What is SwissBorg?

SwissBorg (BORG) is a cryptocurrency project that aims to democratize wealth management by making it accessible, fair, and community-centric. Based in Lausanne, Switzerland, SwissBorg operates under a Virtual Currency License, enabling it to provide virtual currency exchange and wallet services globally. The SwissBorg app, the project's flagship product, is designed to empower users to acquire, dispose of, and exchange digital assets. It features AI-powered asset analysis and Portfolio Analytics to assist users in making informed decisions. The SwissBorg token (BORG), an ERC-20 token, is central to the SwissBorg ecosystem, offering various utilities such as yielding, premium membership, exclusive access, and community rewards.

How does SwissBorg work?

SwissBorg operates on the Ethereum blockchain, utilizing the ERC-20 token standard for its native BORG token. The platform's Smart Yield wallet enables users to receive yields on their digital assets. SwissBorg also employs a Protect & Burn Mechanism, where 20% of the revenues made on fees in the SwissBorg app are used to protect the price of the BORG token. When the price moves into a bearish zone, SwissBorg automatically places acquisition orders, and all acquired BORGs are then burned in a transparent manner. Users can lock BORG tokens to get exclusive Premium benefits, and they can also participate in the SwissBorg DAO to receive BORG rewards.

What are the potential use cases for SwissBorg?

SwissBorg aims to provide a platform where individuals can manage their wealth in a fun, fair, and community-centric environment. The SwissBorg app allows users to acquire, dispose of, and exchange digital assets, with features like AI-powered asset analysis and Portfolio Analytics to help them make informed decisions. The BORG token offers multiple utilities, including yielding, premium membership, exclusive access to future wealth management products, and community rewards. SwissBorg also launched a National Council where token holders can participate in the future of SwissBorg through a decentralized governance mechanism.

What is the history of SwissBorg?

SwissBorg was co-founded by Cyrus Fazel and Anthony Lesoismier-Geniaux. Fazel, the current CEO, started his professional career as a portfolio advisor at Julius Baer in 2007, and later became a hedge fund advisor for Aramis Capital. Lesoismier-Geniaux, the CTO, started his career as a fund manager assistant and later became head of digital advisory at JFD Wealth. In 2016, they partnered up to establish SwissBorg. The SwissBorg token performed well in 2020, increasing by 2,700% and being listed among many tokens on CoinMarketCap. The total circulation of SwissBorg tokens is 1,000,000,000, with fewer than 200,000,000 CHSB left in circulating supply.