What Is HelvetX Labs (SwissTech)?
The SwissTech platform is designed to bridge the Swiss watchmaking industry with blockchain technology, creating a digital marketplace where watch enthusiasts and collectors can trade exclusive watch collections through non-fungible tokens (NFTs). The SwissTech Token, pivotal to this ecosystem, promotes the Swiss watch industry by merging tradition and innovation with advanced technology. Operating on the XRP Ledger (XRPL), the platform offers transparency and security, with the SwissTech token enabling purchases, services, and community participation in decision-making processes.
Who Are the Founders of HelvetX Labs?
Julian Kaiser: CEO & Founder, responsible for Strategy & Technical Development. Julian is an entrepreneur and leader with experience in software development, cryptocurrencies, and starting his own car reprogramming company in Switzerland.
Carina Moreira: Secretary & Advisor. Carina is responsible for coordinating various activities within the project. With a Bachelor of Sciences degree, she has experience in marketing strategy, brand development, and online advertising. She has been investing in cryptocurrencies since 2018 and joined the SwissTech project at its inception.
David Rodriguez: Technical Operations. David is a computer scientist specializing in the gaming industry and technologies. He is responsible for managing the team of developers and oversees all technical operations, including Discord and web administration, as well as managing partnerships and associated companies.
What Makes HelvetX Labs Unique?
SwissTech combines the traditional Swiss watchmaking industry with modern blockchain technology. Here are some key aspects that make SwissTech stand out:
Bridging Tradition and Technology: SwissTech brings together the heritage and craftsmanship of the Swiss watchmaking industry with the innovative and decentralized world of blockchain technology, creating a unique digital platform for the watch industry.
NFT-based Watch Marketplace: SwissTech aims to create an online marketplace where watchmakers can tokenize their creations as NFTs (Non-Fungible Tokens), giving buyers the opportunity to own a unique digital asset that represents a physical watch, while also ensuring traceability and authenticity.
Community Involvement: SwissTech provides a voting system where buyers can actively participate in the development of a watch, deciding on various aspects like the strap, color, dial, and more. This allows for greater customer engagement and personalization in the watchmaking process.
Transparent and Accessible: By leveraging the XRPL blockchain, SwissTech ensures the transparency and accessibility of its platform, allowing users to trace the origin and history of NFTs and ensuring that everyone has access to the platform's features.
SwissTech Token: The project introduces its own digital currency, the SwissTech token, which serves as the central pillar of the platform's economics, allowing users to pay for purchases and services in a cost-effective manner while also granting voting rights during community decisions.
VIP Community: SwissTech offers a VIP community limited to 1,000 members who receive exclusive opportunities in the marketplace, such as early access to highly coveted collections, special offers, and exclusive purchasing rights.
These unique features allow SwissTech to create an innovative, transparent, and accessible ecosystem for watch enthusiasts, collectors, and watchmakers, combining the best of the traditional watchmaking industry with the advantages of blockchain technology.
DEXMachine
The SwissTech DEXMachine is an automated trading bot designed to operate on the XRP Ledger Decentralized Exchange (DEX) utilizing a grid trading strategy. This strategy involves placing a series of buy and sell orders at predefined intervals within a pre-set price range, aiming to profit from natural market fluctuations. Users must exercise caution when using the DEXMachine, as it operates with a hot wallet. This hot wallet is generated by the DEXMachine app itself, and because hot wallets are connected to the internet, they may pose a higher security risk compared to cold storage options. As with any trading tool, especially those involving cryptocurrencies, it's crucial for users to understand the risks involved and manage their investments carefully.
SwissTech Alter&Go Partnership
SwissTech has formed a partnership with Alter&Go Digital Sàrl, a Swiss digital communication agency specializing in blockchain and watchmaking. This collaboration, rooted in a shared vision for innovation, enables SwissTech to capitalize on Alter&Go's expertise in digital strategy, including online presence, marketing, and communication. The agency's network also plays a vital role in establishing new partnerships for SwissTech. This alliance aims to blend traditional watchmaking with blockchain technology, thereby enhancing the Swiss watch industry and adapting to the challenges of digital transformation.
SwissTech DAO
SwissTech emphasizes community-driven decision-making within its ecosystem, adopting a Decentralized Autonomous Organization (DAO) governance model. DAOs, governed by their members, allow collective decision-making on matters like cash allocations, technical updates, and future operations. While the SwissTech Token Association upholds the DAO's demands, it retains the final say in major strategies and finances, ensuring the project's sustainability. The DAO governance is also backed by an investment fund to fulfill its objectives. This structure fosters a transparent, inclusive, and democratic platform, actively involving the community in SwissTech's development.
Rebrand HelveTX Labs
The rebranding of SwissTech to HelvetX Labs marks a significant evolution in their journey, expanding beyond their initial focus on the watchmaking industry with blockchain technology. The transformation into HelvetX Labs reflects a broader scope, delving into diverse sectors such as Decentralized Finance and Swiss-based XRPL events, and emphasizing B2B partnerships. This shift aims to leverage their expertise in DeFi and tokenization across various industries, while still honoring their roots by continuing key projects like their watch biometric security concept. The rebrand symbolizes a strategic pivot towards innovation and collaboration within the XRPL ecosystem, preparing for a future of technological advancement and opportunity creation.
Tokenomics
SwissTech's tokenomics focus on the SwissTech token, which serves as the central pillar of the platform's economics. It enables users to pay for purchases and services in a cost-effective manner compared to other payment solutions. Owning SwissTech tokens also provides users with voting rights during community decisions.
Reduction of Supply: For every watch sold on the platform, a small amount of SwissTech tokens will be instantly self-destructed, representing a tiny percentage of the sale price. The goal is to gradually reduce the number of tokens in circulation, ensuring the balance of the SwissTech Token financial ecosystem.
Marketing - 10 Million: For listing on exchanges, advertising, promotion, rewards programs, and public relations.
DAO Fund - 4 Million: Reserved fund for DAO governance.
Development - 10 Million: Operational fund for operating costs and future burning mechanism.
Airdrops | Giveaways | Staking - 50 Million: Distributed throughout the year in the form of mini-games, social media campaigns, and staking/reward programs.
Online Marketplace - 20 Million: Funds used to finance the development of the online marketplace and required features.
Reserve Fund - 6 Million: To finance and assist other projects, artists, and independent watchmakers.
These tokenomics are designed to maintain a stable and secure financial ecosystem for SwissTech while also offering value to the users and promoting the long-term growth of the project.
What purpose does SwissTech (SwissTech) serve?
SwissTech is a multifunctional platform designed for the watchmaking industry and the digital ecosystem. It focuses on digitizing the watch industry, making it more accessible for enthusiasts, collectors, and professionals through a unified digital platform. SwissTech enables the creation of unique NFTs for watches and related assets, providing a secure and transparent marketplace by ensuring proof of ownership, provenance, and authenticity. The platform facilitates fundraising by allowing watchmakers to involve buyers in the manufacturing process, with a voting system for decision-making on design elements. NFTs also serve as digital information sheets, offering accessible communication about assets, places, or events. Additionally, SwissTech has its own digital currency, fostering a stable financial ecosystem and giving token holders voting rights in community decisions. The overarching mission of SwissTech is to develop a comprehensive digital platform for the watchmaking industry, promoting accessibility, participation, innovation, and a secure, transparent marketplace.
Related Pages:
Read more about: SwissTech
Learn more about: SwissTech Ecosystem.
Visit: SwissTech Website.
Where Can You Buy SwissTech?
SwissTech is a token trading on the XRP ledger DEX, the most straight forward way to acquire SwissTech tokens would be to purchase them through XRPL DEX.
How to stay tuned for further updates?
If you wish to receive more updates about the SwisstechToken ecosystem and any upcoming events, we suggest you follow @SwisstechToken on Twitter.
