Swash's mission is to create a new data economy centered around access, collaboration, and compensation. At the heart of this movement is the upcoming SWASH token.
In Swash's ambitious roadmap, it only makes sense to empower the ecosystem through a key channel - the SWASH token - to integrate all areas involved in Swash.
first level title
Distributed Data Solutions
Swash's mission began with a data federation to bring control back to the individual, break away from data silos, and provide fair rewards. With the adoption of the Swash browser extension, individuals began to be rewarded for the combined power of their data.
first level title
crypto-native movement
Since launching in 2019 as the world's first data federation, Swash has used encryption as an incentive system. So far, data federation members have been compensated for their data aggregation capabilities through DATA tokens after Swash was integrated with the Streamr network, of which Streamr network is one.
first level title
**Unified Token**
The SWASH token is built on four core principles:
*excitation**
*trade**
*doubling**
*governance**
first level title
SWASH Token Rewards
Data alliance members will receive SWASH tokens as compensation for the total energy of their data when browsing. However, the experience won't be any different. Members can continue to use the Swash browser extension to surf the Internet normally and receive SWASH tokens on the application dashboard, with multiple options to earn Tokens.
first level title
Trade with SWASH
SWASH tokens will integrate all applications of the Swash ecosystem. For example, when an organization using sIntelligence subscribes to the platform, individuals whose data powers platform insights will be rewarded with the value generated.
On sApps (apps built on Swash core technology), all value generated by people and organizations in their research and marketing efforts will be distributed in SWASH tokens.
For example, when Data Union members opt-in to sAd (the advertising platform allowed by Swash) and start interacting with targeted ads from brands, they will all receive SWASH tokens.
first level title
Governance Capabilities of SWASH
As Swash progresses on its roadmap, token holders will influence the path forward based on their voting power and choice of which projects should receive funding to advance the Swash ecosystem.
first level title
Multiply your rewards
SWASH tokens will provide liquidity through staking, and holders can earn more passive income from their data. As Swash plays a pivotal role in the micro-revenue stream space, token holders will benefit from Swash's partnerships with other products, enabling the conversion of data rewards between ecosystems.
In addition to increasing rewards, token holders will also be able to use their rewards to support humanitarian causes through an upcoming donation feature in the Swash app.
first level title
SWASH Token Metrics
Token distribution
Token distribution
Swash is excited to launch an upcoming public sale of its native token, SWASH, while creating incentives for long-term participation by all parties involved.
Swash’s token distribution reflects the commitment of team members, founders, and early backers to work together to make Swash a mainstream solution in the data space. The public sale will offer 5% of the total supply (50 million Swash tokens) at $0.09/token.
Early investors accounted for 22% of the token supply, while founders, team members and advisors held 25% of the total issuance. The Swash Foundation will hold 15% of the total supply, while Swash will allocate 5% to liquidity reserves to ensure demand is met in a sustainable manner.
first level title
Token issuance time
The token issuance schedule and long-term oriented token distribution reflect the right incentives implemented by Swash, giving freedom to the community to participate in the public sale.
first level title
Swash financing
Swash successfully raised $4M in an oversubscribed round led by KuCoin, Outlier Ventures and Streamr (to date $7M has been raised), along with 30 well-known venture capital firms from 20 countries and backing Swash angel investors.
This funding round will enable Swash's ambitious roadmap and capitalize on the initial growth of the startup from a genesis solution to a first-wave solution.
first level title
About Swash
Swash is an ecosystem of tools and services that enables people, businesses, and developers to unlock the potential value of data by aggregating, securely sharing, and monetizing its value.
People share their data to earn income while maintaining their privacy. Enterprises access high-quality zero-party data in a sustainable and compliant manner. Developers can easily set up and build systems within a collaborative development framework.
Swash is reimagining data ownership, enabling all players in the data economy to acquire, access, build and collaborate in a fluid digital ecosystem of data.
