Swarm aims to build blockchain agnostic open infrastructure for digital securities, powered by the SWM utility token. Token issuers stake SWM when issuing a security token on any integrated blockchain (Ethereum, Stellar, or TRON), and SWM is staked to own and operate Swarm Masternodes, which maintain Market Access Protocol (MAP) and facilitate the compliant transfer of digital securities. According to the team, SWM is also paid as reward against all stakes.
Token holders may use Swarm for community governance of the network, and SWM can also be used, alongside many other cryptocurrencies, for fundraising and settlement with service providers across the MAP network. Swarm’s vision is to improve access to financial investment opportunities by promoting and supporting the tokenization of assets, and by providing infrastructure for free.
Digital securities issuance is easy
SWARM’s tokenization infrastructure is an open, full-stack solution for the life-cycle management of a Security Token Offering (STO). We make token creation, configuration, fundraising, and issuance easy and free. Our tech enables issuers to manage post-distribution activities such as token redemption, dividend issuance, asset governance, investor administration, reporting, and communications seamlessly.
Access & Interoperability
Market Access Protocol (MAP) is a security token protocol focused on interoperability and designed to solve existing inefficiencies and difficulties encountered by token issuers, investors, exchanges, and qualification providers while preserving privacy. MAP is designed to facilitate this across multiple blockchains, and for all tokens – including security tokens issued via platforms other than SWARM.
Masternode operators stake SWM, committing to building and maintaining decentralized infrastructure for security tokens. Operators earn rewards for running the SWARM core software and for validating transactions.
Token issuers stake SWM after a successful STO in order to trigger the release of raised funds, to mint security tokens, and to access services provided by the SWARM network. Staked amountsremain in the custody of token issuers and are released at the end of the life of the investment.
Participate in votes and voice your opinion on how the Swarm network should be run including contributing to policy decisions affecting staking, masternodes, and rewards. Your SWM is your vote. Governance of the network by the SWM token holder community is a core objective of the SWARM Organization.
Buying Swarm (SWM) for funds from your bank requires a 2-step process. You’re going to buy some BTC or ETH from an exchange that accepts deposits from a debit card or bank account, and then you’re going to transfer your newly bought crypto to a marketplace that sells SWM in exchange for bitcoin or Ether.
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Tips for securely storing your Swarm
- Do your own research. Before sending any coins or private data to a wallet, make sure you have researched the wallet provider to make sure everything is above board. Keep an eye out for scam wallets, such as those using URLs only slightly different to the URLs of legitimate wallet providers, and check out some independent reviews for all the pros and cons.
- Back it up. Make use of your wallet’s back-up and restore facility so that if something ever goes wrong with your wallet, you’ll be able to recover your funds.
- Set a strong password. Now is not the time to be lazy when creating a password; take your time to create a strong and uncrackable code.
- Make use of all available security features. Make the most of all the security features your wallet offers, such as two-factor authentication or multi-signature transactions. It’ll offer increased protection for your funds and greater peace of mind for you.
- Update your antivirus software. Take care to regularly update the antivirus protection and anti-malware software on any device you will be using to access your wallet.
- Keep your private keys private. Last but not least, don’t underestimate the importance of your private keys. Store them somewhere safe and don’t share them with anyone else.
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