SWAPP Protocol Airdrop: Monetizing Your Data!

Overview

  • SWAPP Protocol’s ‘$21k airdrop’ is dropping 1,000,000 SWAPP Tokens to almost 2,000 lucky winners.
  • The last date to participate in this airdrop is on the 1st of September, 2021.
  • The current price of SWAPP is $0.01808 and has a 24-hour trading volume of $32,344.4
SWAPP Protocol
Source : SWAPP

What is the SWAPP Protocol?

SWAPP Protocol is an Ethereum based blockchain with an ERC-20 smart contract. Its ET-linked utility token is used to yield rewards on the Swapp Defi platform as well as the Swapp smartphone app which will be out soon. SWAPP aims to democratize the data industry by putting the power over consumer data in the hands of each consumer and paying the, back. This new decentralized data industry is powered by the blockchain-driven infrastructure that allows users ranging in size from individual consumers up to institutional players to thrive.

As millions of consumers begin capitalizing on their own data monetization, this increases the price of each compensation token rewarded. Token holders will also gain from the liquidity pools structured to pay the reward to those who choose to stake their SWAPP tokens, with returns as high as 50% Annual Percentage Yield for the early investors. Swap serves two main purposes that include :

  • Defi –SWAPP began with the aim of creating a Defi ecosystem consisting of token holders who can participate in various forms of yield farming. These token owners would ultimately become the founding users of the SWAPP mobile app.
  • The SWAPP Mobile App – The Swapp Mobile App will allow owners and users new features including data monetization and privacy-enhancing capabilities.
SWAPP Protocol
Source : SWAPP

Why SWAPP Protocol is unique?

  1. Complete Repayment – SWAPP pays 100% of the data revenue back to users of the smartphone app. 
  2. ETH backing – The ETH raised during presale gets programmatically paired with SWAPP tokens to form the pair ETH/SWAPP on Uniswap
  3. Self-Deflationary feature– The platform programmatically uses a percentage of interest it earns and uses that to auto-buy SWAPP tokens on Uniswap, then burns them forever thus reducing the supply which in turn compels the price to move upwards
  4. Industry leader – SWAPP is the leader in the big data industry and has a wide range of well-established data like Google, Nielsen, LiveRamp, and many more. 
  5. Pre-Determined Price Floor – SWAPP will have a minimum amount that the token price can ever fall to because SWAPP is always going to be backed by ETH on the Uniswap exchange. 

FAQs about SWAPP Protocol

When was SWAPP Protocol launched and who are the founders?

SWAP Protocol was founded in the 2nd Quarter of 2021 and The SWAPP founders and development team consists of talented business professionals who are experienced in blockchain infrastructure and BigData experts.

How many SWAPP tokens exist in circulation and what is the maximum supply?     

238,000,000 is the circulating supply and 776,000,000 is the total maximum supply.

Where can SWAPP Tokens be exchanged and where can they be staked? 

SWAPP Tokens can be bought on Uniswap and can be staked on DappSwapp.

Source : SWAPP

About the SWAPP Protocol Airdrop

SWAPP Protocol doing a $21,000 Airdrop. SWAPP is airdropping 1,000,000 SWAPP. 2,000 people will receive this Airdrop.

How to participate in this airdrop?

You can participate in the airdrop in the following ways