Swarm City (SWT)

-0.40 %

Market Cap

The total market value of a cryptocurrency's circulating supply. It is analogous to the free-float capitalization in the stock market.

Market Cap = Current Price x Circulating Supply.

24 Hour Trading Vol

A measure of how much of a cryptocurrency was traded in the last 24 hours.

126>
Fully Diluted Valuation

The market cap if the max supply was in circulation.

Fully-diluted market cap (FDMC) = price x max supply. If max supply is null, FDMC = price x total supply. if max supply and total supply are infinite or not available, fully-diluted market cap shows - -.

219027.071448>T
Circulating

The amount of coins that are circulating in the market and are in public hands. It is analogous to the flowing shares in the stock market.

8,536,073.00
Total Supply

The amount of coins that have been already created, minus any coins that have been burned. It is analogous to the outstanding shares in the stock market.

If this data has not been submitted by the project or verified by the CMC team, total supply shows - -.

8,536,072.88
Max Supply

The maximum amount of coins that will ever exist in the lifetime of the cryptocurrency. It is analogous to the fully diluted shares in the stock market.

If this data has not been submitted by the project or verified by the CMC team, max supply shows - -.

0.00
Low High
Contract
Website
Explorers
Social Media
Tags
Week Month Year All Time
High

Dec 14 2022

0.022357503691
14.77%

Dec 14 2022

0.022357503691
14.77%

Apr 20 2022

0.227843958207
-88.74%

Jun 10 2017

-99.59%
Low

Dec 14 2022

0.022357503691
14.77%

Dec 14 2022

0.022357503691
14.77%

Jul 13 2022

0.012017597317
113.51%

Mar 08 2021

2,750.85%

Market

Sr. Exchange Pair Price Spread Volume Volume% Confidence Last Traded Trust Score

Historical Data

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Coin
Swarm City
Comments

Coin Info

Swarm City, found online at Swarm.city, is a commerce platform built on the Ethereum blockchain. The platform revolves around the SWT token. One of the unique things about Swarm City is that the data is stored locally on your device. There’s no central database. It’s also an open source project. Swarm City was created by a development team from Antwerp and entrepreneurs from the United States. The project was initially launched as a decentralized world known as Arcade City. The whitepaper for Arcade City for appeared online in October 2016. Swarm City allows people to communicate and transact in a decentralized way. Like other blockchain platforms, Swarm City has no middleman or trusted, centralized platform. It’s a P2P environment based on the Ethereum blockchain. One of the key features of Swarm City is the use of the Swarm City Token, or SWT. It’s the unique of exchange in Swarm City. All transactions on Swarm City are sent using SWT. Like other decentralized platforms built on Ethereum, Swarm City needs to use its own token to power he blockchain. Once you have SWT, you can use tokens for every exchange. Users can choose to see a transaction in dollars, Euros, or SWT. However, SWT is always the actual vehicle for the transaction. All transactions are recorded onto the public ledger using SWT. Swarm City has several features such as offers. Any user can publish a request for services or goods as an offer. Whether it’s ride-sharing or medical services, your offer can be posted to the Swarm City network. Besides, with Swarm City, funds are deposited into an escrow until the user releases the funds to the receiver. For every offer created, Swarm City automatically makes a smart contract. Both users deposit tokens into the smart contract as a guarantee for a successful transaction. In the event of a dispute, the user will not release the funds, and can start the process of resolving the dispute. There are also “guilds” that can resolve disputes based on their “Charter of the Guild”. Swarm City has a reputation system that works without the need to collect personal data. The platform makes a big deal out of the fact that it never has and never will collect or store personal data.
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