Inspired by the open-source philosophy, SwissBorg is leveraging on a new type of open protocol utility: “proof of meritocracy” aiming to revolutionize the wealth management industry.
A core feature of the CHSB Token is giving holders the ability to choose the direction in which the network will develop. The CHSB token is used to generate a Referendum token, called the “RSB token”. For each DAO's direction, the RSB token is used by the holders to make decisions on the referendum proposals. The voting power will be calculated based on the amount of CHSB tokens each user holds when the referendum announcement is made.
The type of reward will depend on the Referendum. ETH, CHSB or ERC-20 Tokens can be offered during Referendums.
SwissBorg is a decentralized wealth management platform based in Lausanne, Switzerland with a team in Japan and Canada. The project promotes community-centric values, where individuals, institutions and DAOs (Decentralized Autonomous Organizations) will benefit from a democratic, transparent, and trustworthy, investment platform. The investment team is planning to actively manage crypto-wealth with best-of-breed technologies (blockchain & AI). The company is managed by an international team with 90+ years of cumulative experience between them, from the varied backgrounds of private banking, hedge-fund management, and algorithmic and quantitative trading all the way to Wall Street.
SwissBorg is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.