What started in 2023 as an initiative to bring our users more sophisticated crypto investments, blossomed into a full-blown crypto rebellion in 2024. SwissBorg Alpha was born from the company’s North Star objective of helping our users see profits. In the process, however, we realised that the whole industry needs to be changed from the ground up.
Let’s take a quick look at what realisations we have come to discover in 2024.
What Is BorgPad and Why Is It Necessary?
A successful token launch is a daunting task for any crypto project and the token performance is all too often unrelated to the quality of the team. We have met many teams of brilliant builders struggling with their token launch.
Getting a token listed on a centralised exchange (CEX) is expensive, especially for a young startup that wants to be as lean as possible. And besides, institutions are not interested in being loyal holders, they are with an incentive to make money. That means, if something goes wrong, they make sure they’re not the one left holding the bag.
Projects can opt for a listing on a decentralised exchange (DEX), however, most users don’t know how to go and purchase a token on a DEX. Consequently, they are afraid their token will not find its way to their retail community unless listed on one of the CEXs, so many of them agree to harsh terms.
We are happy to say that we created BorgPad which enables young startups to capture the best of both worlds. They can list their token at an efficient price point and still gain access to their retail community. They can still decide to list on a centralised exchange later on if the need is there, however, they enter negotiations from a significantly more powerful position.
BorgPad’s mission is to utilise our combined experience and help talented builders make successful token launches so they can focus on building a quality product. Besides planning out the entire TGE strategy in collaboration with the team, BorgPad helps them raise the bootstrap liquidity to create an on-chain liquidity pool on a decentralised exchange (DEX).
In doing this, they not only become available for trading to the crypto natives directly on-chain, but also to all SwissBorg users who can interact with the liquidity pool through the mobile app.
That’s all bullish news, but you’re probably wondering about the numbers. Well, let’s take a look.
In Summary
The purpose of Alpha Investments is building long-term wealth and helping users diversify their portfolio.
Token Deals
The Alpha Token Deals involved purchasing tokens before the project does their Token Generation Event (TGE) or purchasing vested tokens at a discount. Here are some of our best performers in 2024.
Best Performers
We are all extremely proud of the team of XBorg for making it to the top of the list with considerable gains. They did their TGE in the summer and their token has made significant highs reaching over 8x from the price investors bought at in the SwissBorg app.
The permissionless staking protocol GoGoPool has also made it to the top of the list! The timing of this deal was very good, as the user could snatch it just before the first major pump last year. GGP made a nice performance this year and is sitting at 3.47x at the time of writing.
The bronze medal goes to the first deal that was helped incubated by BorgPad. The decentralised identity protocol Solana ID did their TGE in December and their token is showing signs of a healthy listing.
Worst Performers
Even with the projects passing our due diligence process, there’s bound to be some whose token’s performance is suffering due to any of the unforeseen reasons. The tokens that are currently at the bottom of our list are Creta, Agora and Phaver.
We are working closely with all of the teams and figuring out ways to salvage these investments and give them their rightful place in the charts. We are advising their teams and believe that with time, we can help them improve the situation, benefiting our Alpha investors.
Other Deals
Besides the ones mentioned above there are also 3 other post-TGE and 7 pre-TGE Alpha Token Deals. The former include Stader, Colony and Victoria VR, while the latter include ChronoForge, Dark Machine, Galactica, Vala, MoeMate, Intercellar & Ambient.
Some of these deals are already very close to their TGE, while others are following suit. We expect to see most new tokens in the next couple of months. All of the teams behind these projects are still actively working to deliver a successful performance for the investors.
Token Deals Summary
We believe that diversification is a key element in any investment strategy. While everyone loves a story about juicy gains, none of us has a crystal ball that can predict the winning horses. The due diligence process is a complex one, as you have to find the balance between risk and reward. But even if you are consistent with your due diligence and you don’t spot any red flags, things might eventually go wrong.
The purpose of Alpha Deals is to give our users the privilege to invest in projects vetted by a team of experts. In our opinion, ideally, users would invest a comfortable amount into many projects and diversify their portfolio. Let’s see what would happen if the user invested $100 into every Alpha token deal.
As you can see, there were 16 token deals brought to SwissBorg Alpha so far, 9 of them already had TGE, we believe the other 7 are close to it. If the user only spent $100 on all the post-TGE deals they would have invested $900 and currently be sitting on $1,753, almost 2x from their start, with the all-time high performance reaching almost 3x.
However, more realistically, if the user had invested $100 in every token deal seen on Alpha so far, they would have spent $1,600 with their portfolio currently valued at $1,753, with 7 horses yet to start the race.
On top of that, the investor's mind can be at peace, knowing that even with his least performing investments, there is a highly dedicated team working diligently to do whatever is possible to salvage the worst performing investments.
Please keep in mind that the calculations above are of informative nature only and they do not include vesting.
Node Sales
Node sales or hardware sales are investment strategies that involve purchasing a license to operate a hardware device. Typically this is a node validating transactions, data or making sure everything is running smoothly but can also be a device like an internet router or a weather machine.
The common denominator of all these devices is that they are rewarded for their service with a passive income stream of rewards. And although not at all guaranteed, a lot of these projects set aside a percent of their token supply for airdrops for node owners.
For SwissBorg users, simplicity is the keyword here. Running these nodes can be complex and claiming rewards and airdrops can become a chore. We run the nodes on the users’ behalf and allocate them all rewards and airdrops received with their investments, net of fees.
We have done six node sales so far - Aethir, Carv, WeatherXM, Privasea, Bluwhale and 0G. The first three of them are already running and their token is live.
Aethir has been generating regular rewards for long enough that the first rewards have started to become liquid. We are happy to say that SwissBorg Alpha investors already received approximately a third of their investment returned within just the first few claimed rewards.
It is difficult to predict the projection of rewards - we expect a gradual reduction in the token amount that the node owners receive, however, the rewards have just scarcely begun and will be coming altogether for 4 years.
WeatherXM is already operating, and the first rewards have already been distributed to the Alpha deal investors, starting in December. The rewards schedule is set at 36 months.
Carv is also already operating, however the first rewards are still being vested for the time being. Carv will start their first node rewards & any other rewards distribution in April.
The last three node sales that we did were Privasea, Bluwhale & 0G and at the time of writing, they are pre-TGE, although some of the nodes are already live and generating rewards. We expect some of these to do their TGE soon and we are working closely with their teams so that we can list their tokens as soon as they are live.
BorgPad’s Impact on $BORG
The past year was one of important revelations for us. Creating a good TGE strategy is nothing short of a masterpiece and there is no template solution. Something might work for some, but not for others, however, some practices greatly reduce the odds of making it.
We noticed that TGE strategy is putting significant pressure on young projects and we believe to have found a way to help them by alchemising BORG into the antidote the industry needs.
BorgPad was created to help these builders bootstrap liquidity pools by pairing their token with BORG. Over time the amount of pools will add up, which will increase BORG volume and most importantly give it a much more visible on-chain presence.
And we’re not stopping there! While most of the team likes Solana a lot, we do stand by diversification. That’s why SwissBorg is actively looking for ways to expand onto other chains as well.
Becoming financially free is not an easy task, but if you want to live a peaceful life at one point or another it always comes down to finances. Wanting to see the little guy win is deeply rooted in our company culture, but actually finding ways to do so is a journey. We kindly invite you to share the journey with us.
We believe that with our innovative and rebellious spirit, we can make an actual difference.
Alpha Investors Vesting Guide
Below is a quick guide to the current vesting schedules of all Alpha Deals done until the end of 2024.
Token Deals
Node Sales
As explained above, the reward mechanism for Node sales is a bit different. In Alpha token deals you typically buy vested tokens, whereas with a node sale, you are purchasing a hardware device that is expected to generate recurring rewards for a pre-determined amount of time. This is what is called the rewards schedule.
Here’s a list of these schedules for all the node sales you have seen in the SwissBorg app.
Disclaimer
SwissBorg and BorgPad are independent legal entities. This collaboration does not constitute an affiliation, joint venture, partnership, or agency relationship between the two companies. Neither SwissBorg nor BorgPad is authorized to bind or represent the other in any capacity. Each company retains sole responsibility for its own operations, obligations and liabilities.
