Remember that all bids will receive the best bid price. This means:
- You bid 5 ETH at the price 1 ETH = 5,000 SFT
- The auction ends at 1 ETH = 20,000 SFT
The SwiftDemand token sale is split up into two stages.
The first stage is a dutch auction which is used to fairly decide the price of Swifts and allow people to reserve the amount of Swifts they want to purchase in the token sale.
The second stage will occur where users will have their KYC documents processed and then be allowed to purchase Swifts once all information has been fully verified.