Skyway Capital is at it once more. On their umpteenth reboot, the Ponzi scammers are hoping to fleece traders by the newly created SWGT token.
SWGT is a continuation of Skyway Capital’s failed SWG token.
SWG’s ruse was Skyway Capital’s non-existent monorail infrastructure would generate passive returns for SWG bagholders.
SWG has developed a World Transport Token system customary.
The system is constructed into sensors in each part of rail, each turnstile, and into apps on customers’ cell phones.
Its operate is not going to be restricted to paying fares, as real-time information from the system can be utilized to automate dispatching and rolling inventory management techniques.
SkyWay’s automated transport management system implements on the spot settlements between ecosystem individuals.
This consists of transport companies, enterprise tenants inside transport system areas, infrastructure contractors, and traders.
Each paid fare for each phase, each service rendered throughout the ecosystem is taken under consideration robotically and nearly immediately. Thus settlements are dealt with robotically, with no human issue.
In an October fifth press-release, Skyway Capital admitted this didn’t occur as a result of a “lack of technical capability”.
Once we launched the SWG utility token, we envisioned a fast and profitable implementation within the uST transport and infrastructure complexes in line with the idea outlined within the white paper.
Nevertheless, as a result of obvious lack of technical capability, implementing SWG in uST was now not doable.
Because of this, the undertaking was placed on maintain.
SWGT is extra of the identical advertising and marketing nonsense, however with a “decentralized market” twist.
SWGT freelance market is a digital platform that connects expert freelancers from across the globe with purchasers looking for their experience charging customers with 0% fee
Why use Ponzi riddled SWGT as a cost platform versus the bajillion different crypto tokens promising the identical?
*cue crickets chirping*
SWG bagholders are in a position to convert SWG into SWGT at a ratio of 1:1.
The catch is SWGT tokens will probably be locked till it opens as much as the general public, at the moment scheduled to happen in 66 days (~December seventeenth, 2023).
With no real interest in Skyway Capital outdoors of a number of generations of victims and crypto token bagholders, SWGT is all however assured to break down as quickly because it goes public.
However that’s in fact by design. SWGT is nothing greater than a fast 2023 vacation season money seize.
The Skyway Capital Ponzi has passed by a variety of names all through a number of collapses. At the moment it’s often known as Unitsky String Applied sciences and SWG World.
All iterations of Skyway Capital are owned by Russian nationwide Anatoly Unitsky.
Unitsky is believed to have fled Russia and now spends his time between Belarus and Dubai.