What is Swash?
The Swash crypto project encourages data ownership and value creation for developers, internet users, and businesses. Data monetization mechanisms, reward streams, and a Web3-based collaborative development approach have been used by the platform to accomplish this goal. The native token of the platform goes by the same name – SWASH.
Care to see the current SWASH price? If you are, take a look at the up-to-date Swash price chart above.
The four primary solutions developed by Swash include:
- Data Union. It allows data owners to make a profit from their data while also retaining full control over it.
- sIntelligence. It offers businesses exclusive and unmatched business intelligence insights.
- sApps. An ecosystem for developing decentralized applications (dApp) on Swash.
- sCompute. It offers a method for data scientists to work with data supplied to Swash without having to buy it.
Use Cases of SWASH Tokens
SWASH is the native token that drives the Swash platform. There are multiple use cases for SWASH tokens, but the following are the main ones:
- Governance. SWASH token holders are able to influence various decisions on the Swash crypto project. This includes determining which projects will receive funding from the Swash DAO fund, determining new roadmap developments, and making decisions related to SWASH tokens.
- Rewards. SWASH tokens are utilized to reward platform users for their participation in the project.
- Means of exchange. All transactions relating to data across all platforms, applications, and marketplaces are made using SWASH. Additionally, token holders can swap value both inside and outside the Swash project, such as by exchanging earnings for goods or staking liquidity.
Don't forget to make a thorough analysis of the SWASH price before making any purchasing decisions. Use the Swash price chart above to do that.
Tokenomics of SWASH
The max supply of SWASH tokens is 1 billion. 27% of the supply was dedicated to the pre-seed round, seed round, strategic round, pre-sale round, and public sale. 30% of the supply went to the team, advisors, and founders. Moreover, 29% went to the foundation and were set aside for ecosystem and DAO growth. Lastly, 14% were dedicated to community and platform rewards, while 5% was set aside for liquidity provision.
