Swapp protocol is a community Defi protocol based on the Ethereum blockchain. The Swapp protocol aims to establish a self-sufficient data monetization platform by cutting out giant tech intermediaries, who generate revenue by selling users’ private data online. Instead, the platform enables online users to capture, own and control their data.
According to their white paper, the average person spends more than seven hours online daily. The behavioural data of these people is tracked and sold to advertisers who target them. These giant tech advertisers and other intermediaries make billions, while regular users don’t make a dime. Also its Protocol plans to democratize the data industry and allow consumers to charge for their data online.
And also its data app allows users to participate in the data monetization component of the Swapp protocol. Users can select the data they intend to sell through the Swapp Data app on their phones. Users must grant the app permission to share anonymous data to allow them (users) to reward in the form of a SWAPP token, the platform’s native currency. Advertisers segment and buy the shared data. In addition, users can also select the personal data points that they want to keep private.
Also it ID is a decentralized, permissionless digital identity and cross-chain wallet that allows users to create a unified digital ID. Digital ID enables users to verify their identity and remain anonymous while logging in to different GameFi and Defi platforms. Therefore, ID Swapp aims to control the privacy and security of users’ digital assets. And also it wallets are unified, recoverable wallets that allow users to combine all digital assets and store them on their devices.
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Exchange Protocol History
The token was launched in 2021 by Tural Bayev, the founder and CEO of its Protocol. Rural is a passionate entrepreneur and has mentored several startups. Dmitriy Azarenko is the co-founder and director of the production team. The maximum supply of SWAPP tokens is 776,000,000.
Real-time SWAPP Price Data
The live price of the protocol today is $0.000397, with a 24-hour trading volume of $90.99. We update our price in USD in real-time. Also the protocol has remained up 0.59% in the last 24 hours. Coin Market Cap’s current ranking is #6988, with live market capitalization unavailable. Circulating power is unavailable, and a max—supply of 761,000,000 it coins.
If you want to know where to buy SWAPP at the current exchange rate, the best cryptocurrency exchange to trade and its stocks is currently Uniswap (V2). You can find other listings on our crypto exchanges page
How many SWAPP Tokens are in Circulation?
Currently, the total supply is around 761 million SWAPPs, but over the next 18 to 36 months, SWAPP will burn almost half of the token supply.
Who are the Founders of the SWAPP Protocol?
The founders and development team of SWAPP are complete up of talented professionals with backgrounds in blockchain infrastructure and Big Data experts who have been in the industry for years.
Where can I buy the SWAPP Protocol?
It can purchase on Uniswap and PancakeSwap decentralized exchanges. Currently, the ERC-20 version of tokens can stake at https://dapp.swapp.ee. We are working on launching more cross-chain pools for betting BEP-20 and other upcoming chains.
What makes SWAPP Unique?
It is a “real deal”, a leader in the Big Data industry with well-known data partners, such as LiveRamp, Google, Nielsen and many more. Also it reimburses 100% of data revenue to smartphone app users.
Also Read: How to Pay Tax Forex?
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