Everyone has a desire to attain financial freedom and people are constantly searching for the new ways to make money. But the main concern is that they also want to maintain privacy in each and every step. Technology, what is exactly the benefit for the user, and what is the differentiation between an existing centralized systems with the decentralized one. Thanks, to the Blockchain technology because it enables a transparent and auditable ledger where data cannot be collected and distributed without the knowledge and consent of the user. It eliminates potential data privacy violations. My hope is by elaborating and try to describe my project so that I will give a clearer picture to my reader about what is the real use of a SWIPECrypto. Cryptocurrencies like Bitcoin and Etherum created the underlying infrastructure and initial application of blockchain technology, the next phase is to capitalize on the transparency blockchain provides to restore trust. There’s a lot of things to be unpack, so let’s dig one by one.
Your phone certainly has apps that you use on daily basis. SWIPE can be integrated in any of those apps.It allows all the users to not only own their data, but also monetize it. It is hard to imagine our lives without a mobile phone and according to statistics, the average person checks their smartphones up to 150 times a day. However, there is undeniable lack of trust when it comes to data monetisation. This is where the entities like SWIPE come in.
Monetization Problems:
There are few financial firms that fully understand the value of their data. Companies obtain customer data from third sources and in most cases the data stolen without the customer consent and thus the trading networks and the companies uses the customer data and get what they need. The personal contribution isn’t incentivized properly.
SWIPE Network Solve The Problem Of Monetization:
1) The SWIPE network provide full control over intermediaries through smart contracts. It increase the security and transparency of analytical data.
2) It enable the user to analyze the data using their application and also enable them to share with other companies.
3) Its main areas include marketing development, application user behavior analysis, device and network analysis and advanced targeting based on user profile data.
Which advantages are provided by the SWIPE?
Rewarding of both app developers and data owners who share the information. It enables the transfer of data with the help of small contracts. You have the complete control over your information and you can choose which data you want to share, and what are the rights for it. SWIPE applies certain policies to data and revenue distribution. It also provide the total transparency. Thanks to re-encryption, it is protected one more time.
Swipe Engagement:
The question arises how can one keep himself/herself engage with SWIPE?
The answer to this type of question is simple. You can keep yourself engage with swipe through SWIPE PUSH, SWIPE ADDS, SWIPE Mission, SWIPE marketplace.
SWC TOKENS:
SWIPE is powered by the swipe token. You can use the token to get access to some privileges and discounts on the platform. After the ICO, some part of the tokens will be frozen to be later used for development and growth of the platform. Swipe tokens introduces a means via which consumers will be capable of leveraging decentralized Smartphone lock screen advertising solution. It will facilitate you with the micro payments in application utilization and rewards. It will prize for ad viewing, gift payments to publishers and incentivize the providers. Deploying blockchain for cell phone advertising provides a higher and efficient engagement rate It will also introduce you with a new level of clearness but still many questions arises in economic chain. “Is there a lockup for founders? Why are there 6 stages of the token release? Why tokens are more and, more expensive at each stage? ‘Isn’t this token is too expensive compared to other ICOs”? Or ‘is pump-and-dump possible with SWC? I want to make these things clear.
The crowded price of SWC are lower than the minimum 2 year intrinsic value.I want to encourage you by telling you that each token will grant a specific amount of discount each month. For the first 12 months, it will have minimum discount value of $0.07/SWC per month. As the platforms develops and grows, the value of the discount per token will increase and decrease.it will depend on the total amount of the fees generated by the platform. All the activated SWC tokens will receive the cumulative discount equal to 50% of the networks total fees, distributed evenly through all the activated coins. If there is 20M SWC activated and $100M of total fees in the system, the discount per token equals 50%*$100M/20M SWC=$2.50/SWC. So it will show you that the crowd sale prices of SWC are likely to be lower than the minimum 2 year intrinsic value to a member that uses the token for discounts. More business the protocol generate, the higher the discount per SWC. But instead of billions of dollars per month being spent on computer hardware and electricity, it will incentivize.
Billions of dollars being spent on consulting, sales, advertising, marketing, and business development by individual nodes to grow the network. So I will say every entity should benefit from this SWIPE network protocols because they reduce risk, lower cost and simplify borrowing while increasing the interest you can earn on money that is not needed. Trillions are spent on interest each year-worldwide debt is over $164 trillion, more than 225 percent of global GDP according to the IMF-so the potential buyer of discounts on interest alone is enormous. Tokens will be released when the advertising will be grow. The quarterly growth scenarios have been analyzed as 0%,5%,10%,20%,30% and 50% which shows that it is exponential. It slows in the beginning and very rapid at the end. It means that the business activity of the platform more than doubles every two quarters. All data collected and traded on SWIPE’s platform is aggregated, anonymized and encrypted and sold directly to data buyers of their choice. This is probably good news for application developers and users.
More information click below direct links:
WEBSITE
Whitepaper
Twitter
Telegram
Author: kz06
