Similar except this is traded on an exchange...they went through a 15 or 16 month trial run where 3,000 people received the distributions...the decentralized blockchain already has 1 million blocks...

So they are much further along that swiftdemand..

If you want to see the history of this...go to grantcoin.org...

There are all the email notifications on the right hand side to give you an idea of the process.