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Swash makes your data work for you by letting you passively earn, innovate, and contribute to a fairer world. The Swash network is powered by its native token, SWASH (SWSH), which will be used to transact within the ecosystem and as a governance token for the network. SWASH will also balance token supply through periodical [token burning]..
The Swash Network is an incentivised, open and liquid data ecosystem, enabling users, businesses and developers to unlock latent data value. People are paid to share their data in a secure way that respects their privacy, while businesses and developers get high-quality data in a compliant and sustainable way.
Swash’s mission is to reclaim control and monetize personal data, breaking free of the business model that has driven Web 2 services. This is done through a Data Union framework, allowing individuals to band together and earn rewards while sharing their data with Streamr’s tech stack.
Users install a browser extension, set up their wallet, and are then compensated for their browsing data in the $SWASH token while surfing the internet as they normally would. They can then redeem their earnings for products or staking liquidity. This enables them to build revolutionary dApps that connect data creators and buyers in productive ways. The $SWASH token also powers all transactions and fuels the products and solutions that will advance Swash’s roadmap, including a CMI platform for businesses (sIntelligence), a data computation environment for builders (sCompute), and more.
Aiming to harness the largest natural resource in the digital space, swash offers people the ability to reclaim their data and reap profits from it. Users simply download the swash browser plugin, continue browsing and the platform will collect non-sensitive data while rewarding them with their own tokens.
The swash token is set to power all data transactions across the data union, rewarding users for their contributions and participation. Taking cues from the Web 3 movement, the token will also allow members to participate in a new decentralised way by providing governance supervision through the DAO and voting rights.
With the public sale of its $SWASH token just underway, the project is poised to spark a revolution in how data ownership and value creation is managed. Its mission-based approach has already seen it grow into the world’s first Data Union, demonstrating its vision and encouraging further participation by rewarding its community. Invest early to take advantage of this potential.