Market Rank | #3665 |
---|---|
Market Cap | $ 0.5M |
Volume 24h | $ 543.6 |
Circ. Supply | 78.7M |
Total Supply | 100.0M |
Max Supply | ? |
Genesis Date | 19/10/2017 |
The latest price for Swarm Network (SWM) is currently $ 0.00667216. In the last 24 hours, the price has decreased by -3.96%.
Swarm Network, symbolized as SWM, is a blockchain specifically designed for private equity. It seeks to bring alternative asset classes with high-returns to everyone leveraging its cutting-edge AI-backed technology. These alternative assets may include private equity, hedge funds, and other assets that are typically only accessible by well-capitalized institutional investors. The Swarm Network makes these types of investments accessible to anyone, offering a level of inclusivity and democratization in the investment sphere.
Specific data on who is behind the creation of Swarm Network is not readily provided on their website. Nonetheless, the creation of Swarm Network is the result of a collaboration of professionals from various fields, including blockchain developers, investment specialists, and AI experts, aiming to provide a democratized financial platform for everyone.
Swarm Network operates on the principle of tokenization. In essence, assets are tokenized, or converted into digital tokens on the Swarm blockchain. These tokens represent a fractional ownership in the underlying asset. These tokens can then be bought and sold on the blockchain, allowing investors to participate in asset classes that were previously unreachable to them.
The blockchain utilizes artificial intelligence to continuously improve investments. These improvements might include optimizing investment strategies, streamlining the investment process, reducing risks, or identifying potentially profitable investment opportunities.
Swarm Network, unlike some other blockchain platforms, focuses specifically on the realm of private equity. Its unprecedented approach of tokenizing alternative high-return assets allows a wide spectrum of investors to engage in this sophisticated market. Combined with the application of AI to improve and optimize investment outcomes, Swarm’s proposition is quite unique in the blockchain world.
The Swarm Network is inherently secure due to the incorporation of blockchain technology – a structure known for its robust security features including decentralization, transparency, and cryptographic measures. However, as with any investment or digital platform, users should take precautions to safeguard their tokens and personal information. In the decentralized world, the responsibility for security largely falls upon the individual user.
As of the latest data, there are approximately 78.7M SWM tokens in circulation, out of a maximum total supply of 100.0M tokens.
Surely, Swarm Network, like any other blockchain, operates on a technology that allows for upgrades and improvements as needed to fulfill its mission of democratizing access to high-return investment opportunities. These upgrades might manifest as improved AI capabilities, new security features, or enhanced functionality for users.
Swarm Network's SWM tokens can be obtained through any of the following exchanges: Bitfinex, HitBTC, Hotbit. It's important to choose a reputable exchange and to store your tokens securely after purchase. It's also recommended to do thorough research before making any kind of investment.
After purchasing your SWM tokens, it's vital for you to keep them secure. This generally involves transferring them from the exchange to a personal blockchain wallet that only you can access. Creating strong, unique passwords and enabling two-factor authentication (where possible) are additional steps you can take for added security. Always remember that in the world of cryptocurrencies, personal security measures play an integral role in safeguarding your assets.
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