There is a cryptocurrency gold rush . Many are yet to wake up to it. In the industry, investors sing the ICO praise. But
Swisscoin and few other crypto or blockchain based companies have opted for MLM.
It’s all about raising funds for a crypto startup right?
But the MLM approach goes wider, building a bigger marketplace. Many companies that embraced the ICO path have ended up raising enough funds from a smaller group of investors. Swisscoin however is now looking at over 700,000 coin owners, which is a hundred times bigger that what some ICO advocates get.
Time to transfer your coins
Those of you that have done Swisscoin MLM , you know that your packages generate tokens which are later on converted to coins anytime the split indicator hits 100%
Many have thought this is all about Swisscoin. Truth is, it’s just the MLM ( Swisscoin’s ICO ). The bigger picture is the coins and trading on exchange platforms. This will be possible as from August of this year 2017. But before that comes on scene, you will have to move your coins to the Swisscoin blockchain. Without this, you won’t have them in your blockchain wallet. Here is what you should do now:
Login to your Swisscoin MLM account
Click Basic Data -> My Data – > Create a SIC-Wallet
This will take you to the web wallet page
All you need now is enter a solid password and then click to generate your wallet
NB: Your wallet address and a private key will be generated. Copy these and (maybe) paste in a txt/excel file. You will also have to download and save your JSON file in a safe location. You may want to create a txt/excel file for your password,
wallet address and private key . Make sure no unauthorized individuals get access to these files. These are your keys to Swisscoin wealth.
NB: To login to your wallet, you will have to click Access Existing Wallet . You will be required to load your JSON file and enter your password to continue.
This post is not about how to use the wallet. It’s about connecting your wallet to your MLM account so your coins can be moved easily.
Now you have your Wallet address , Private key and JSON file
Go back to your MLM account.
Click Basic Data -> My Data – > Edit Account:
Copy and paste your wallet address in the
SIC address form field. Click the button below the page to save the changes
