The SWAPP Airdrop
Swapp is set to disrupt the massive money-making data industry. Tech titans like Facebook and Google lurk in the background of our daily lives, not only collecting our personal data but monetizing it for their own gain. The Swapp app launching later this year will give users back control of their data using the blockchain to eliminate the middlemen and give its users 100% of data revenue in the form of SWAPP tokens.
In anticipation of the big launch, we are giving away $21,000 in SWAPP Tokens to 500 lucky winners this summer in our Airdrop by Swapp. The Airdrop giveaway is live from August 17 through September 1, so the clock is ticking!
What is an Airdrop?
An airdrop is a cryptocurrency giveaway. They’re a fun way to introduce people to a company and to reward them for their interest. Airdrops can be highly lucrative for the lucky participants. How lucrative?
If you had participated in these six airdrops, you could have earned more than half a million dollars. So what are you waiting for?
Transforming an Industry
The data industry currently operates as an oligarchy.
“An oligarchy is a form of power structure in which power rests with a small number of people. These people may or may not be distinguished by one or several characteristics, such as nobility, fame, wealth, education, religious, political, or military control.”
How much power Big Data has and what they do with it is the stuff of Dystopian nightmares, and the average person has no idea how much these companies know about them. Big Data knows a lot, from what time you wake up in the morning to what time you go to bed and, in some cases, how much or how little sleep you got. Scary stuff.
SWAPP will transform the data industry from an oligarchy to a democracy and break its Dystopian chokehold by giving each individual consumer power over their personal data. Consumers will choose to monetize that data or keep it private through the Swapp app, which will be available on both Android and iOS.
As millions of consumers join the movement to control and monetize their personal data, it creates upward pressure on the price of each Swapp token earned. Those holding tokens will also benefit from the optional liquidity pools structured to pay rewards to those who opt to “stake” their SWAPP tokens with dividends up to 50% APY possible for the early adopters. Like the lucky winners of the Airdrop by Swapp!
Who We Are
SWAPP Protocol is a token built on the Ethereum ERC-20 blockchain. An ERC token contract keeps track of fungible tokens. All tokens are equal to all others in that no tokens have specific rights or behaviors associated with them. This is a powerful force and makes ERC-20 tokens very useful for critical things like staking and as a medium of exchange currency, to name just two.
SWAPP is a decentralized, fairly launched, ETH-paired (Paired or trading pairs in crypto-speak means the asset pair being traded; usually one form of cryptocurrency for another. SWAPP tokens can be used to buy ETH or sold for ETH). It Is a utility token that facilitates yield farming and rewards in the SWAPP DeFi platform and serves as the form of rewards within the SWAPP smartphone app and browser extensions. When users opt to monetize their personal data, this is how they’ll be compensated.
The SWAPP Token has two sides, just like a coin, and has two purposes:
- The DeFi Launch: The initial purpose of SWAPP is to create and foster a thriving DeFi (Decentralized Finance) eco-system made of token holders who can participate in various forms of yield framing and who will ultimately become founding members and users of the soon-to-be-launched SWAPP mobile app.
- The SWAPP Mobile App: With the launch of the SWAPP mobile app, users will finally be able to control their personal data either through monetization or privatization.
Tokenomics: There were 769 million SWAPP Tokens minted, but due to the way the staking was designed (when tokens are staked they are burned), there are 552 million in total supply and about 220 million in circulating supply. With buy back and burn mechanisms, supply will be lowered over time to be around 700 million tokens.
How To Get Your Drop On
Are you ready to get in on the Airdrop by Swapp? It’s fast and easy. Just follow these five steps for your chance to win 500 SWAPP Tokens:
- Join the party here
- Join Telegram
- Follow us on Twitter
- Join our waitlist
- Quote Retweet “@facebook Stop stealing my data” @SwappFi
The Airdrop runs now through September 1. Join us now and become part of the movement that is going to democratize data.