{
  "url": "https://blockindex.ai/coin/borg",
  "name": "SwissBorg",
  "links": {
    "github": null,
    "website": "https://swissborg.com/",
    "whitepaper": null
  },
  "dScore": 29,
  "market": {
    "priceUsd": 0.15469620406377077,
    "marketCapUsd": 151950724.4328411,
    "volume24hUsd": 134568.75572553,
    "priceChange7dPct": -0.14129629,
    "priceChange24hPct": -2.61235842
  },
  "source": "BlockIndex.AI",
  "supply": {
    "max": 982602443,
    "circulating": 982252443.442,
    "circulatingPct": 99.96438034929656
  },
  "ticker": "BORG",
  "founder": "Cyrus Fazel, Anthony Lesoismier",
  "vcFunded": false,
  "updatedAt": "2026-06-19T06:00:26.745817+00:00",
  "fairLaunch": false,
  "launchYear": 2017,
  "description": "SwissBorg began as a fintech and crypto services initiative that raised capital in 2017 and built a consumer-focused product suite centered on the BORG token (originally CHSB). Founded by Cyrus Fazel and Anthony Lesoismier, the project positioned itself at the intersection of wealth management, decentralized finance and retail crypto access. SwissBorg’s core offering evolved around the SwissBorg mobile and web app, which aggregates liquidity and offers curated investment products, while the BORG token underpins loyalty mechanics, buybacks, cashback and governance-related incentives. Over time the project emphasized regulatory compliance and product usability, engineering a legal and operational framework that includes licensing and registrations in European jurisdictions and public-facing documentation to support user trust and integration with exchanges and analytics platforms.\n\nTechnically, BORG is an application-layer token that was issued and traded primarily on Ethereum (ERC-20) with cross-chain availability and liquidity on other ecosystems such as Solana via DEX integrations. The project executed a token contract migration (CHSB → BORG) with explicit Etherscan contract addresses referenced in the public materials; the migration was intended to consolidate token infrastructure and support subsequent product features. SwissBorg is not a Layer‑1 blockchain and therefore lacks native consensus or block production; it relies on host chains for settlement and forking behavior. The project’s infrastructure visibility is broad — token pages and market snapshots appear on CoinMarketCap, CoinGecko, Messari and CryptoCompare, while explorers such as Etherscan and chainz/cryptoid are used for on‑chain transparency of transfers and holder distribution. The team has emphasized security hygiene, referencing external audit coverage (Hacken smart contract risk report) as part of its public assurances.\n\nBORG’s principal use cases center on tokenized incentives within SwissBorg’s product ecosystem: token holders are eligible for loyalty ranks, cashback, fee discounts and other app-level benefits. The Meta‑Exchange / Smart Engine product aggregates order books across centralized and decentralized venues (and across chains), intended to deliver improved execution and deeper liquidity for users of the SwissBorg platform. The tokenomics are anchored by a capped supply (circa 982.6M BORG) with the majority of supply reported as circulating in available snapshots (982.25M in the referenced snapshot), which reduces nominal scarcity but leaves token demand dependent on product adoption, buyback mechanics and loyalty incentives. SwissBorg has pursued both community fundraising and product-led monetization; notable historical fundraises include an initial 2017 ICO and a reported community raise in early 2023.\n\nGovernance at SwissBorg is primarily company-driven with community-facing mechanisms rather than an on-chain DAO governing all protocol parameters. Public materials describe community participation, token holder benefits and some governance-related features, but there is no evidence in the provided materials of a full on‑chain DAO that controls treasury or protocol-level upgrades. The organization operates under legal entities and regulatory frameworks documented in public pages (references to licenses/registrations in Europe). Development and product roadmaps have focused on feature launches, educational content (a SwissBorg Academy), and incremental product changes such as loyalty ranks & cashback mechanics and the SwissBorg crypto card partnership. Future roadmap items emphasize user acquisition, continued integration with major market data providers and sustained product feature rollouts that aim to increase token utility across the SwissBorg app and partnered venues.\n\nFrom a market and ecosystem perspective, BORG is widely available across multiple centralized exchanges (Binance, Kraken, Bybit, Bitget, BitMart, HitBTC) and via decentralized exchanges (Uniswap on Ethereum; Raydium and Orca on Solana), reflecting cross‑market liquidity pathways. The project’s economic model blends capped supply with platform-driven demand levers (cashback and loyalty incentives) and occasional buybacks or community-focused capital raises. Security posture and audit references are positive signals in the public materials, though precise on‑chain token distribution metrics (premine percentage, PIP) and node-level decentralization measures are not applicable for a token or are not fully disclosed in the provided sources. Overall, SwissBorg/BORG presents as a product‑centric token with an established consumer app, regulated operational posture in Europe, and multi‑venue liquidity — its long‑term valuation depends on product adoption, execution of loyalty and buyback mechanics, and continued expansion of integrations across trading and analytics platforms.",
  "methodology": "https://blockindex.ai/dscore",
  "classification": {
    "layer": "Layer 2",
    "isToken": true,
    "consensus": "Other",
    "parentChain": "ETH"
  },
  "dScoreComponents": {
    "autonomy": 0,
    "ageHistory": 13,
    "governance": 16,
    "nodeDistribution": 0,
    "initialDistribution": 0
  },
  "decentralizationVerdict": "Centralized Leaning"
}