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Swarm City Token

Swarm City Token (SWT)

$ 0.01
0.24 %
Main info
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Total supply
8,536,073 SWT

About Swarm City Token

Swarm City is a platform in which a peer-to-peer, sharing economy can take place securely on the Ethereum blockchain. Swarm City has goals for ridesharing, AirBnB like systems, and others.Swarm City’s token, SWT, is used as the unit of exchange for all transactions on their network. Since SWT is an ERC20 token, and Swarm City runs on Ethereum, Ether is involved to an extent, but the majority of all interactions within this platform and all fees will be using the Swarm City Token (even if you can see the price in USD or euros). SWT is needed to participate in the ecosystem and to do anything on the network.

Key data

updated $0
Market cap$0
Volume 24h$0

Swarm City Token (SWT) is a cryptocurrency designed for decentralized peer-to-peer transactions and services. Built on Ethereum, it powers Swarm City, a platform enabling users to interact directly without intermediaries. Its ticker is SWT.

Frequently asked questions

What is Swarm City Token and how is it different?

Swarm City Token (SWT) is a utility token used within the Swarm City ecosystem for decentralized transactions. Unlike many cryptocurrencies, it focuses on enabling direct peer-to-peer interactions without middlemen.

How does Swarm City Token's technology work?

SWT operates on the Ethereum blockchain using smart contracts, ensuring secure and transparent transactions. Its decentralized nature allows users to interact directly, leveraging Ethereum's robust infrastructure.

How is Swarm City Token's supply managed?

SWT has a fixed supply, meaning no new tokens are created. This scarcity is built into its smart contract, ensuring predictable tokenomics for users and participants in the ecosystem.

How can I store and use Swarm City Token?

SWT can be stored in any Ethereum-compatible wallet like MetaMask or Ledger. It’s used within Swarm City for services, payments, and interactions, making it a functional token within its ecosystem.