SwissBorg AMA Recap
With Cyrus Fazel, SwissBorg CEO
On October 22nd at 19:00 CET, we had the honor and pleasure of being joined in Crypto Society chat by Cyrus Fazel from SwissBorg. While the format wasn’t our traditional format we loved the videos and thought maintaining them through the recap was the best way to be able to honor the quality of the AMA delivered by Cyrus. We hope you agree and enjoy it.
Join Crypto society for more great AMA’s here: https://t.me/cryptosocietyy
The AMA
Matt,
Hello everyone and welcome to our SwissBorg AMA! This event will feature Cyrus Fazel, the Founder of SwissBorg who is also a TedX speaker with a rich history in asset management, capital markets, and hedge fund advisory.
️The SwissBorg project aims to revolutionize asset management solutions with a community-centric approach powered by Ethereum. Members are able to optimize their cryptocurrency holdings with the help of their Cyborg advisors and deep learning algorithms.
️About SwissBorg
Website: https://swissborg.com/
️SwissBorg helps over 200,000 people worldwide become better crypto investors. Swissborg is the swiss army knife of simple and easy tools to maintain your portfolio while reducing your fees.
️Multicurrency Wallet — Protect your assets with advanced security. Advanced MPC cryptography and identity verification ensure that your assets are always safe and secure.
️Exchange Assets — Portfolio Analytics that clearly show when you are making money, and when you are paying fees. With a large selection of both currencies and digital asset pairs, you can actually pull the best prices from multiple exchanges.
️Enhanced Analytics — Overview of your profits, fees, asset allocation, and historical balance, the Wealth App’s Portfolio Analytics gives you the insight you need to manage your wealth.
️ If you want to try out the SwissBorg app and earn some crypto, you can do so with this link https://t.co/N1PCGHcddv
Matt
Welcome, Cyrus! Can you please introduce yourself to the audience?
Matt,
We understand you spent your lifetime in finance. What did you see that made you want to take a plunge into blockchain? What brought you in and what kept you?
Matt,
Which lessons would you say you’ve learned from finance and which ones have you intentionally forgotten for all intents and purposes of making the switch?
Matt,
I think it’s fair to say the industry is definitely dominated by asymmetric information and I love that SwissBorg is working to level the playing field.
Can you give us the elevator pitch for SwissBorg? What makes it unique and what problem are you solving?
Matt,
The “why” is definitely an important aspect. Bitcoin has quickly shaped the future of money and the way we look at digital assets.
How large is the company at this stage and where are you based?
Matt,
Very exciting. I know clearly that SwissBorg isn’t just a wallet but rather an ecosystem. Can you talk about how it works and what the different offerings are?
Matt,
I love how it’s a very easy way for noncrypto users to get a wallet and participate. The low technical barrier to entry is truly a trojan horse to onboard the masses.
Do you think SwissBorg is disruptive to any current industry? If so, which ones and how is Swissborg pushing boundaries?
Matt,
We’re honored to host you and appreciate you joining today. I couldn’t agree more with your statements. We need to change the incentives in the system for the future of ourselves and our kids as they are highly imbalanced as is.
Why are metrics so important for crypto investors? What does SwissBorg offer in its toolkit?
Matt,
Agreed. I love some of the metrics that the app uses which are uniquely utilized to suit the use case. New assets require new methods of analysis and often times it’s a lot to take in while just beginning. SwissBorg seems to simplify this well and make it approachable. The SwissBorg token mechanics also sound well thought out.
Can you explain Smart Yield in-depth? What makes it unique and why should people be watching?
Matt,
It’s clear that your ecosystem is evolving with the technology which is incredibly important to stay relevant. My hats off to all of your hard work staying on top of and simplifying the latest trends. It sounds quite clever. Automated risk management is definitely something the industry needs.
How many countries do you currently support and who is your target demographic? We have noticed the app is exceptionally easy to use and provides a very quick onboarding into digital assets.
Matt,
I do love the access to the various currencies. It does make it much more approachable to various demographics.
Having access to multiple liquidity sources is something that is particularly interesting about SwissBorg. Can you elaborate on why you thought that was an important function?
Matt,
Well stated Cyrus. The Spotify of crypto investing. I love the analogy.
What does your roadmap look like currently? What are you working on and what might be coming in the foreseeable future?
Matt,
We are all definitely looking forward to smart yield and connecting with FI’s definitely makes sense.
Where is Swissborg as a company in 5 years in a utopian world?
Matt,
The mission of decentralization isn’t something that will happen overnight but it is definitely an important mission. I also love your attitude. Work without fun is never worthwhile.
What do you love about the blockchain industry right now and what do you dislike?
Matt,
Agreed. Ownership and connectivity are imperative despite borders and political agendas. Scams are definitely an ongoing issue but it looks like your app is paving a way forward to create viable options for wealth generations for all levels of technicality.
What challenges are you most proud of overcoming so far, where do you see your biggest challenges?
Matt,
Indeed. Survival is key of course but it looks like you guys are continuing to put in that sweat equity and I have a lot of hope for your future. I am sure that your token holders appreciate your mission of value creation as well.
If usage of the ecosystem your company has created can change one thing about our future landscape, what would you want that to be?
Matt,
health is wealth. Many more aspects of fulfillment beyond the sole monetary value. Finding a great life mission and improving the world for those around you. Well said.
Is there anything more you would like to share?
Matt,
️A huge thank you to Cyrus for gracing us with your presence today and chatting about Swissborg. We really appreciate your time and on behalf of the Crypto Society Team and everyone here, we’re looking forward to the future of simplified digital asset management.
For anyone looking for more information on Swissborg, please join their telegram here
➡️https://t.me/SwissBorgChat
Try out the app for some free crypto here
Relevant links about SwissBorg here
➡️Website — https://swissborg.com/
➡️Twitter — https://twitter.com/swissborg
➡️LinkedIn — https://www.linkedin.com/company/swissborg/
