In the last month, when there is very little activity and new projects on the market, there is time to search and analyze future gems. 

This is exactly what I have been doing for the last month, analyzing several dozen promising projects, from which I have selected just two. Each is worthy of its own article, so in today's article I will share my thoughts on the Swiss Cheese project and its coin SWCH. Let's get to the bottom of it!

Swiss Cheese - analyzing the crypto ecosystem 

Swiss Cheese can be literally translated as Swiss cheese. That's all you need to know about the project!

Swiss Cheese is actually a decentralized exchange (DEX) where users can trade tokenized stocks, bonds, ETFs and currencies, borrow and stake their assets. The platform offers to invest in big global companies like Tesla or Amazon by buying their tokenized shares. I remember that something like this was once tried by the FTX crypto exchange, but after its closure, this field remained empty and Swiss Cheese became the first solution on the market that allows you to combine assets from the traditional and cryptocurrency world.

In this way, the project is significantly broadening the audience of its platform, as this approach allows it to attract investors and traders who previously worked with shares on traditional markets, but who can now move to a new platform and use familiar tools in the blockchain sphere. For crypto enthusiasts, the platform can offer diversification of their assets through access to traditional financial markets. 

In addition, Swiss Cheese is developing a gaming direction. You can already play Swiss Cheese Ludo and Bitcoin Bite. These are essentially P2E games with prize pools. For example, Swiss Cheese Ludo has a prize pool of up to $73000. Integrating games where you can earn some money directly into the exchange platform, I think, makes the audience of the project more loyal. 

What makes the Swiss Cheese project different from the competition? 

As you can see, the project has a real product with which it can make money, unlike many other projects that only have a concept or products that are not capable of generating income here and now.

The market of DEX exchanges is long established and the main profits are shared between the big players represented by PancakeSwap, Uniswap and other big exchanges. However, this only applies to the cryptocurrency asset market. But the market for tokenized shares is just starting to take off and many pioneers could become big players like PancakeSwap.

This is what sets Swiss Cheese apart from other decentralized crypto exchanges.

The site's closest competitor is Mirror Protocol, which also offers tokenized shares, but the project is still inferior to Swiss Cheese in terms of quality. SWCH is actively developing its gamification, listing on large and recognised exchanges such as Bitget or MEXC, and also signing collaborations with major celebrities such as Spanish footballer Iker Cassillas. 

This gives the project more publicity and builds community trust, while listing on new exchanges attracts more new traders.

SWCH Tokenomics - Token perspectives 

The SWCH token has a limited issue of 120 million tokens. Therefore, unlike the same SACE, the project will not create an additional issue of coins, but will rely on scarcity to create natural demand. Thus, a reduction in the number of coins will lead to a systematic increase in the price per token.

Tokenomics looks balanced. If I were working through this Tokenomics, I might have slightly reduced the number of coins allocated to the ICO to at least 20% and increased the number of coins for marketing from 10 to 20%. Why? I believe that marketing is the engine of the project, which should effectively attract new audiences and retain the old one. However, to keep the same audience there are other things like referral programs or bonuses for high volume investors. Otherwise, tokenomics looks pretty standard.

The capitalisation of the token is currently quite small - $14.7 million, which allows the token to periodically show explosive growth. In September, for example, the token grew by 300% after the news of the partnership with Iker Cassillas. This made the token one of the fastest growing assets on the market. Now, however, traders' enthusiasm has waned and the price is returning to its original point - the token is becoming attractive to buy again in anticipation of the next positive news.

Interestingly, in addition to the exchanges, the token can also be purchased directly through a Telegram bot - which I think makes the purchase process much easier.

Roadmap Swiss Cheese

As planned, in the first quarter of this year, the SWCH token was listed on various exchanges, including Tier-1 crypto exchanges. In the second quarter, the P2E crypto game feature was implemented, allowing users to earn additional tokens. Next, the project plans to develop a forex exchange, enter into global partnerships and eventually create its own wallet and app. 

So far, the project is at an early stage of development and there is a lot of work to be done. This makes the project both risky to invest in and promising as it introduces new features, increases its user base and token price. 

Should you buy the SWCH token? 

What's the bottom line? Is it worth following the project or buying the SWCH token? I think it is at least worth following the project. I like the way the platform combines tokenized shares and gamification. And the signing of new partnerships and the x3 price increase means that the team has good marketing skills and the capitalisation is not yet big enough and the project can easily be profitable in the future. This means that it will be possible to ride future candles after the release of further positive news. 

However, despite the advantages, it is important to remember that this is a very small project with a capitalisation of just under $15 million. And its early stage of development adds to the risks that the project could get stuck at some stage of development or get its marketing strategy wrong. But I believe that a small number of such projects should be in every investor's portfolio. For those looking for gems, it makes sense to buy for a small portion of the portfolio, say 0.5% to 2% of the bank. Gems that can shoot up 30-50x and whose profit covers the loss of a dozen other projects that have run into difficulties, skidded or never completed their development.

I bought SWCH tokens via telegram bot for about 0.8% of my bank. To repeat after me or not - only you can decide. I advise you to analyze the project yourself to make a final decision. And at least I recommend you to follow the further development of the project. 

If you have recently analyzed the market and found interesting projects, write about them in the comments. Maybe it will be your project that I analyze next time. 

Set likes and subscribe so that you don't miss new reviews. Remember to diversify your investments between small and large projects. Although, as practice shows, some people build up a portfolio of risky assets only. But that depends on your risk tolerance and the potential drawdown of your portfolio. Happy investing and see you soon in a new article!