Reading: 11/14 Update: Manna Fundraiser is launching soon.

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11/14 Update: Manna Fundraiser is launching soon.

News

11/14 Update: Manna Fundraiser is launching soon.


November 14, 2014 – Update: Manna Fundraiser is launching soon.

Since the publishing of this article, Swarm has announced on it’s website that Manna and DDP crowd sales have not yet started and are launching soon. The facts that are no longer relevant are striked through in the original article below.

Manna crowdsale is launching soon.

Manna crowdsale is launching soon.

Manna has zero backers and two days left before their swarm fundraiser ends.

By Alberto Mata

San Francisco, California – November 13, Manna, a Swarm First Five project, has zero backers and two days left before their fundraiser ends. Eight days ago on November 5, the Swarm First Five kicked off their fundraising efforts at the world’s first decentralized demo day in Silicon Valley. Swarm’s 2014 Demo Day can be seen on YouTube.

[youtube id=”H_hj9Za7iOc”]

“We’re very excited to launch our first class,” exclaims Joel Dietz, Founder of Swarm.

Swarm is a next generation crowdfunding platform that is built on Bitcoin, and recently received investment from Techstars, a multi-seed fund accelerator that provides $118,000 in seed funding, intensive mentorship, and an amazing network of mentors and alumni for 7-10% equity in your company. Swarm is now taking applications for it’s next class online.

Eight days after launching their crowd sales, 11 backers contributed 0.11% of the funding goal to SwarmOps, 6 backers contributed 0.20% to CoinSpace, 4 backers contributed 0.04% to JudoBaby, and 0 backers contributed to Manna and DDP.

As of November 13, all projects save Manna and DDP have at least 30 days left before their fundraisers close. The Swarm First Five collectively have 21 backers, and more than 50% of those are supporting SwarmOps, a project management platform for decentralized organizations created by Rick Falkvinge, a serial entrepreneur and founder of the Swedish Pirate Party. In the first two days, the First Five collectively gained more than half of the 21 backers supporting them now.

Swarm First Five at the world's first decentralized demo day in Silicon Valley.

Swarm First Five at the world’s first decentralized demo day in Silicon Valley.

Five projects were accepted into Swarm’s first class — Manna, SwarmOps, JudoBaby, CoinSpace, and DDP. Manna is a developer of smart personal drone networks, CoinSpace an a workplace for companies leveraging decentralized technologies, SwarmOps a management software platform for decentralized organizations, JudoBaby a decentralized gaming platform, and DDP a Decentralized Dance Party.

Photo Source: Swarm Online


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