Swarm

Swarm

0x9e88613418cf03dca54d6a2cf6ad934a78c7a17a

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SWM
RANK
250
market cap
$5943596
Price
$0.07
change 24hr
-16.64%

Swarm aims to build blockchain agnostic open infrastructure for digital securities, powered by the SWM utility token. Token issuers stake SWM when issuing a security token on any integrated blockchain (Ethereum, Stellar, or TRON), and SWM is staked to own and operate Swarm Masternodes, which maintain Market Access Protocol (MAP) and facilitate the compliant transfer of digital securities. According to the team, SWM is also paid as reward against all stakes. Token holders may use SWM for community governance of the network, and SWM can also be used, alongside many other cryptocurrencies, for fundraising and settlement with service providers across the MAP network. Swarm's vision is to improve access to financial investment opportunities by promoting and supporting the tokenization of assets, and by providing infrastructure for free.

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