$SWASH

The Swash value chain is powered by its native token (SWASH). SWASH has a variety of use cases within the ecosystem and will be used as a cross-chain utility and governance token integrating Ethereum, xDai, and Polygon. It will also be fused with a constellation of partners and their native currencies, allowing for cross-fertilisation of value, increased adoption, and a seamless user experience.

As demand for SWASH will increase alongside network adoption, generated value may be used to balance the token supply, likely through periodical token ‘burning’.

Once the Swash expansion is live, use cases for the Swash token will include:

• Incentivise: As an incentive system, ecosystem actors will be rewarded with Swash tokens in return for their participation.
• Transact: All data transactions across all marketplaces, platforms, and applications will be distributed in SWASH. This includes value generated within the business intelligence and analytics platform (sIntelligence), the data computation environment (sCompute), and solutions developed utilising Swash technology (sApps).
• Govern: Swash token holders can vote for projects they wish to see receive funding from the Swash DAO fund, decide on new roadmap developments or modifications, and to take part in token-related decisions.
• Multiply: People can individually and collectively contribute the value of their data to social development causes and use it for value exchange both within and outside the Swash universe, such as redeeming earnings for products or staking liquidity.

SWASH is the network’s native utility token with a total supply of 1 billion. The token allocation is as follows:

• Community & Platform Rewards (14%)
• Ecosystem & DAO Growth (14%)
• Foundation (15%)
• Team and Advisors (15%)
• Founders (15%)
• Pre-seed round (9%)
• Seed round (3%)
• Strategic round (5%)
• Pre-sale round (5%)
• Public sale (5%)
• Liquidty provision (5%)