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SWYFT & BiFrost Announce Merger
The founders of SWYFT (SATC) and BiFrost (FROST) are excited to announce plans to merge their projects and communities into an expanded ecosystem under the SWYFT brand. This expanded community will combine the development and business resources of both teams.
We will share a growing portfolio of applications and use cases that include the Crypto Hunter Augmented Reality game, Shade My Trade, and several other existing applications.
As part of the upcoming merge, a new wallet is being created and a new blockchain will be launched in the next 4–6 weeks. The new blockchain will feature a proof of stake consensus model, a masternode network and a new cold staking feature that will allow users to stake while retaining control of their coins in local or cold storage.
The team is also in negotiations to continue listings on current exchanges. We will also have a listing on a new top-20 exchange (Bitmart) which has over $1 billion in average daily volume.
The new wallet is only a first step in a continuing development cycle that will expand the initial feature set to include a turing complete smart contract system, support for ERC20-compatible tokens, a fiat-tethered coin, and specialized sidechains.
Our goal is to create an ecosystem that will act as an incubator and lead to development…
