As I understand it, in the USA you can only attract public investment either by gong fully public and being regulated as a public corporation, or by attracting individuals of high net worth. From what I understand this is considered a consumer protection mechanism, such that you can't lose the farm (literally) by investing in private equity schemes.

So far as I know, this restriction does not exist in the UK. So yes, if SWARM operated in the UK with UK investors it might have an easier time.

Personally I don't really see the need for the crypto aspect, and AFAICT investment regulations are usually a good thing, but whatever floats your boat.

As it turns out, Swarm's first legal entity is in the UK.