Swapp Protocol, Fastest Crypto To Be Listed on Crypto.com Defi Platform
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
It seems as though new forms of cryptocurrency are launched every week. Currently, there are around 6,000, a massive increase from 2009 when Bitcoin, the first crypto, was introduced. But few have kicked in the door of the crypto world as swiftly as Swapp.
Swapp was listed on Crypto.com DeFi wallet on August 6th, the fastest crypto ever to be listed on the DeFi platform. Swapp’s recent Airdrop was CoinMarketCap’s third most successful of all time, with more than 539,000 participants. Swapp’s watchlist on CoinMarketCap is well over 500,000. In addition, Swapp Protocol was listed on Coinbase’s new price alerts page as a high potential project.
In August, Swapp was the first cryptocurrency to be welcomed into the staid world of thoroughbred horse racing when auction house Fasig-Tipton agreed to accept Swapp Tokens as legal tender at the prestigious Saratoga Sale.
Unlike some DeFi companies, Swapp isn’t shrouded in mystery. The company has more than two dozen employees drawn from various fields and is sister to HubioID, a well-established data management company.
Swapp isn’t singularly focused. Instead, the company is creating an entire ecosystem that will consist of:
- Data infrastructure
- DeFi platform
- NFT platform
- Swapp digital credential ID system
- Banking system payment processing system infrastructure with its own centralized exchange, otc platform, and closed-circuit wallets
Swapp has the future mapped out:
- Cross-chain launches on Polygon, currently on Ethereum and BSC
- Bridge to BSC and Polygon
- Mobile app w/ AML ID verification
- DeFi within the mobile application
- NFT marketplace with exclusive NFT drops with top celebrities and artists
- DeFi on BSC
- DeFi on Polygon
- Chrome extension
- Launching on a centralized exchange in Asia
- Releases onto other chains like Fantom, Cosmos, and Solana
- Gaming SDK for Swapp ID
- DeFi insurance integration
- Releases onto other centralized exchanges
- Portfolio management
- Banking system payment processing system infrastructure with its own centralized exchange, OTC platform
- Electronic money transfer, users will be able to send funds to any other user via text or email
Swapp believes in community involvement and will be the main title sponsor of an event this fall in Miami. Working with athletes, local leaders, and renowned artists, the weekend-long event will feature a celebrity soccer match and NFT auction to raise money for three local children’s charities.
This is a big event; 2021 will be its third year. Look for another price increase in Swapp Token prices, as we’ve seen each time the company has made headlines.
Big Data is Picking Your Pocket
The average person sees more than 100 targeted ads per day. Where are advertisers getting the information to know what ads each consumer will see? From big data companies like Facebook and Google. If a company isn’t selling you a product, you are the product. Or, more precisely, in this case, your data is the product.
That smartphone in your pocket, those things you like on Facebook, that fitness tracker on your wrist, are sending back tremendous amounts of data on you, your habits, and your preferences. And selling that data to companies that make actual products and provide actual services is big business. Zuckerberg didn’t start Facebook because he wanted you and your BFF from the first grade to stay in touch.
Swapp kicked in the crypto door, and they’re about to do the same to Big Data. With the Swapp mobile app launch, consumers will finally have the opportunity to take back control of their data. Swapp will allow users to earn money from their data or to keep it private.
The Swapp app will connect users directly to the companies that want to buy data and monetize it by earning Swapp tokens. Those who wish to opt out of the data game can hit the “Forget Me” button. Doing so will send a signal to all major global opt-out databases, and advertisers will not be able to access your data.
Swapp has a lot of buzz around it. The company has assembled an impressive team and has partnered with some big names in the world of DeFi. Stay tuned because when the Swapp app launches, you’re going to be hearing a lot more.