We don’t feel comfortable in recommending Swisstok and its SWSToken ICO as an investment opportunity at this time. There are several reasons for this, but the key problem we have with Swisstok is that there’s never a satisfactory explanation as to how the platform will use SWSToken coins and how users can monetize the platform to their own ends.
This might be due to a language barrier – it seems that the entirety of the Swisstok team are not native English speakers, which can create communication problems. The Swisstok site itself does have some rather egregious, glaring spelling and grammatical errors, typical of non-native English speakers, and this could be why this crucial information is either too garbled to understand or is missing entirely.
However, even if Swisstok spelled out its monetization plans completely, the company’s ICO is still not something we can recommend. Thanks to its barring investors from certain countries – namely Singapore and the United States – it’s simply not an appropriate investment opportunity for anyone from these two countries. In other words, it doesn’t matter how good (or how bad) the investment may be, as it’s simply not available to these classes of investors.
Finally, requiring any purchase of SWSToken coins to meet a minimum of the equivalent of 5 ETH means there is no room for small-scale investment when it comes to Swisstok. With Ethereum trading at nearly $500 USD per ETH at this time of writing, you need to do the math yourself and decide if you can afford to take a gamble on Swisstok.
