Details about Swarm Network cryptocurrency
Swarm Network
SWM
6+ (click to see list)
2017-10-19
€900,721 ( -3.54881%)
€18
100,000,000
78,654,618
10.014
Unknown
1309960x
€15020
Swarm Network price charts
SWM exchanges
Swarm Network, the crypto
Swarm Network (SWM) is a decentralized infrastructure that enables businesses or individuals to create and operate decentralized autonomous organizations (DAOs). It also offers a marketplace for tokens and incentivizes active participation in the network through staking, voting, and hosting of nodes. SWM is the native token of the Swarm Network.
The point
The main point of Swarm Network (SWM) is to provide an ecosystem for the creation and management of DAOs while ensuring security, scalability, and usability. It aims to democratize access to financial opportunities by enabling anyone to launch their own DAO and offer investment opportunities to a wide audience. It also encourages active participation by offering incentives to SWM token holders.
The problem
Swarm Network (SWM) tries to solve the problem of lack of access to investment opportunities, lack of liquidity, and high costs associated with creating and managing DAOs. It provides a secure and scalable infrastructure for the formation and management of DAOs, thereby allowing anyone to offer investment opportunities to investors globally. This model also ensures liquidity and incentivizes active participation in the network.
Compare SWM and BTC performance
| Timeframe | SWM | BTC |
|---|---|---|
| 1h change | -0.588328 % | -0.753837 % |
| 24h change | -3.35 % | -4.58836 % |
| 7 day change | -3.97 % | 2.49257 % |
| 14 day change | -37.03 % | -10.0034 % |
| 30 day change | -34.45 % | -9.64041 % |
| 200 day change | 268.48 % | 124.834 % |
| Year change | 161.3 % | 139.061 % |