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SkyWay

SkyWay (SWAY)

$ 0.00
-15.54 %
Main info
News
Comments
Markets
Analytics
Market cap
$20.75K
-15.54 %
Volume (24h)
$1.1K
-15.54 %
Circulating supply
49,466,963 SWAY
Total supply
100,000,000 SWAY
Max. supply
200,000,000 SWAY

Key data

updated $0
Market cap$20.75K
Volume 24h$1.1K
Circulating supply49.47M25% of max 200M
All-time high$0.26-100% from peak · 2021-10-20

SkyWay (SWAY) is a cryptocurrency built on token standard 3, with a fixed maximum supply of 200,000,000 coins. In simple terms, it's a digital asset designed to work within the SkyWay ecosystem, where coins can be transferred and used without intermediaries like banks. Like most cryptocurrencies, SWAY relies on blockchain technology to keep a public record of all transactions.

Frequently asked questions

What is SkyWay (SWAY) and how is it different from Bitcoin?

SkyWay is a cryptocurrency with the ticker SWAY, issued under token standard 3. Unlike Bitcoin, which was created mainly as digital money and a store of value, SWAY is tied to the SkyWay project and its ecosystem. It also has a hard cap of 200,000,000 coins, which is significantly more than Bitcoin's 21 million limit.

How does SkyWay's technology work?

SWAY is a token built on token standard 3, meaning it follows a defined set of technical rules for how the coin is created, transferred, and recorded on the blockchain. Every transaction is verified by the network rather than by a single company or person. This makes the system transparent and resistant to tampering.

How is the supply of SWAY managed?

SkyWay has a hard cap of 200,000,000 coins, meaning no more than that amount can ever exist. This fixed limit is written into the token's code and cannot be changed by anyone unilaterally. A capped supply is a common design choice meant to prevent unlimited inflation of the coin.

Where can I store and use SkyWay coins?

Since SWAY is a token under token standard 3, it should be stored in a wallet that supports this standard on the same blockchain. Always double-check the official project channels for recommended wallets to avoid fake apps. Within the ecosystem, the coin can be used for transfers and whatever utilities the SkyWay project provides.