The Swash value chain is powered by its native token (SWASH). SWASH is a cross-chain utility and governance token that integrates Ethereum, Gnosis Chain, and Polygon. It also connects with other partners and their native currencies, allowing for value exchange and interoperability. SWASH has various use cases within the ecosystem, such as:
- Incentivise: Users, developers, and other ecosystem actors are rewarded with SWASH tokens for their participation and contribution.
- Transact: All data transactions across all marketplaces, platforms, and applications are conducted in SWASH tokens. This includes buying and selling data via sIntelligence, sCompute, and sApps.
- Govern: SWASH token holders can vote for projects they wish to see funded by the Swash DAO fund, decide on new roadmap developments or modifications, and take part in token-related decisions.
- Multiply: Users can individually and collectively use their SWASH tokens for social development causes and value exchange both within and outside the Swash universe.
Swash's decentralised data ecosystem provides a simple solution to the current data ownership and usage problem. By using Swash, individuals can regain control over their data, businesses can access high-quality data with consent, and developers can innovate with the data they need.