As of the latest available data, Swiftlance (SWL) is trading at $ 0.00000018, which has increased over the past 24 hours. Keep in mind that cryptocurrency prices are highly volatile and can fluctuate within short periods.
Swiftlance is a decentralized platform that is innovatively using blockchain technology to revolutionize the outsourcing industry. The platform focuses on connecting clients with professional freelancers for various tasks and jobs. Unlike traditional freelancing platforms, Swiftlance ensures that all payments between parties are transacted using its native cryptocurrency, the SWL token.
The creators of Swiftlance are a group of professionals who recognized the potential for blockchain to improve the outsourcing and freelancing industry. While specific founders' names aren't provided here, they are likely a team with experience in blockchain technology, digital marketplaces, and possibly freelance work themselves.
Swiftlance works by allowing clients to post jobs on its platform, outlining the work they need to be completed. Freelancers can then browse these listings, apply for jobs that match their skills, and negotiate terms with the clients. Once a job is agreed upon, the client pays the agreed amount in SWL tokens into an escrow service provided by the Swiftlance platform. These tokens are released to the freelancer upon successful completion and approval of the work by the client.
Swiftlance stands out because it's one of the first platforms of its kind to be entirely decentralized and built on the blockchain. The use of an escrow payment system mitigates the risk of non-payment or unsatisfactory delivery of services, which are common issues in traditional freelancing platforms. Furthermore, the use of SWL tokens for all transactions within the platform streamlines the process and potentially reduces transaction costs associated with currency exchange and withdrawal fees.
Being built on blockchain technology, Swiftlance benefits from the inherent security features of decentralization. Every transaction on the platform is recorded in a distributed ledger, which is tamper-proof and verifiable by anyone on the network. This transparency ensures that all parties can trust the process and outcomes of their engagements.
The total supply of SWL tokens is 8.0B, with a circulating supply of . The distribution and management of these tokens are designed to align with the platform's usage as users need them to perform transactions. Details on token economics, such as how new tokens are released and managed, could typically be found in the project's whitepaper or official documentation.
SWL tokens are used within the Swiftlance platform as the medium of exchange. They are essential for clients to pay freelancers for completed work. Additionally, the tokens can be used for any other services that the platform may offer, which may include priority listing of jobs, access to premium features, or other community-driven uses that could arise as the platform evolves.
You can purchase Swiftlance (SWL) tokens on various cryptocurrency exchanges that support them. The current list of exchanges offering SWL tokens includes .
Storing SWL tokens safely is crucial. Just as with other cryptocurrencies, you should store your SWL tokens in a secure wallet. Wallet options include hardware wallets that provide offline storage, software wallets that are accessed through your computer or smartphone, and paper wallets for a physical record of your private key. Always ensure that your chosen method is secure and that you follow best practices for safeguarding your cryptocurrency assets.
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