Alois Köhle Explains How People Can Benefit from 'Being Social' on New Platform SocialSwap

What do you do when you firmly believe that you are built for bigger things? Well, you get out there and you achieve them. That’s the long and short of it. Today, the world has become a giant oyster and everybody is determined to have their share. With people’s entrepreneurial skills making giant waves in the new world, very few are comfortable with their 9-to-5 anymore. Everyone, it seems, has an idea, an idea that can change the world, or at least their own. And that’s exactly where anyone has ever wanted to be – a better place. For Austrian entrepreneur Alois Köhle, becoming an entrepreneur was the goal of a lifetime. And now, his venture SocialSwap is here and ready to help people benefit from ‘being social.’

Q. Can you give us some information on your background?
A. I was born in Vienna, Austria. And for as long as I can remember, I couldn’t wait to sink my teeth in the world of business. Reality, however, had its own plans. Before I co-created SocialSwap, I was trained as a chef and waiter for many years. The grueling work, the inflexible work timings, and the surreal need to be at the same place for hours only pushed me further towards my dream goal. Yet, I am thankful for my background as it did teach me patience and helped me develop an ear for listening – values that I believe can never go out of style.

Q. How did you take this giant leap?
A. 2016 was a red-letter year in my career. I had just discovered cryptocurrencies. It changed my life. It gave me a sense of financial independence that I was yearning for all my life, but didn’t know where to look for. I was no longer putting in tedious hours working as a chef or waiting tables, and I was actually doing something that I thoroughly enjoyed. Apart from that, I have also been extremely fortunate to have been mentored by well-known business coaches like Scooter Braun, Michael J. Saylor, and Chamath Palihapitiya. They helped me navigate my path through this maze called life and helped me find my feet.

Q. What can you tell us about SocialSwap?
A. SocialSwap is a platform that was found in March 2021. We hope to make it one of the largest cryptocurrency platforms in the world. Our products include decentralized exchange, liquidity mining or liquidity providing, and utility token. We were in the pre-sale phase which ended on 26th March, 2021. And we launched our token and liquidity pools on 28th March, 2021.

Q. What makes it beneficial for people?
A. Cryptocurrency is a new phenomenon. It is full of new ideas, new ways of earning. Naturally, people believe that it’s something they need expert advice on to work with, that they cannot trust their own gut or instinct. However, the core of this industry is to help you do just that. Get rid of the middlemen. Put faith in yourself. After all, middlemen can only guide you in their ways. They aren’t all-knowing when it comes to your own money. But you are. So that’s how the peer-to-peer crypto exchanges were born. However, the scene has shifted a lot today and it’s dominated by big players, KYC, and crypto centralization. Middlemen have been swarming in and out of crypto corridors. People place their faith in them, but what people need to understand and remember the most is that the key to crypto success is dipping your own toes into the ocean. If you don’t hold the private key, it’s not your money. And that’s what a decentralized exchange or DEX is all about. It makes you the owner of your money.

With SocialSwap, we have built a community where people are now once again in charge of their money and can trade tokens with ease. In DEX, people are the ones who provide the liquidity and in return make income on our own token and also through the exchanges. And that, for me, is the best bit about SocialSwap, a community that sustains itself and gets rewarded for those actions that enable other people to make money. We have made ‘being social’ our aim at SocialSwap because it’s where the whole project comes alive. It’s the sense of community we hope to thrive on and most importantly, what I believe sustains a community is a sense of transparency. And DEX ensures complete transparency, because people can see every single transaction and verify it for its accuracy. From the liquid to the volume, swaps, and tokens, the whole community can trace the trajectory of their money with ease and accuracy.