Prior to its public sale going live this month, Swash has managed to secure more than $7 Million in a very recent funding round, gaining the support of many popular contributors.
Racking up more than $7 Million in the funding round over oversubscriptions, Swash hopes to utilize these precious funds in different ways that would benefit their goals and desires. Top Contributors of the funding round included, KuCoin, Outlier Ventures, Streamr and around 60 other investors from 25 different countries around the world.
Gaining more than $7 Million with oversubscriptions, Swash has sparked quite the interest in the eyes of investors, who are now looking forward to the company’s future endeavours. The public sale will be looking quite confident since the company now has this immense amount of support from investors on a global scale. As of now, the public sale is scheduled to be held on the 29th of October, in which many cryptocurrency fanatics will have the chance to get their hands on the SWASH native token developed by Swash itself. Registrations for the exclusive list started on the 11th of October and will end on the 25th of October. Those joining the exclusive list will have to complete a KYC verification on Fractal, which will give them a chance to be a part of the Gnosis auction that is scheduled to go live on the 29th of October.
SWASH Token
The SWASH token basically works on four simple goals, drive more incentives, transact, grow and manage. The SWASH token will be the main token for transactions on the Swash Ecosystem and plays a major part that will incentivize Data Union members by providing them rewards for increasing the value of their data and an exclusive chance to potentially double or triple those rewards, using features like, wagers, redemptions, contributions and many others.
More than four thousand people are able to provide their data, receive rewards for their contributions, all while their precious data is safe and secure from external entities. The Swash ecosystem will definitely provide new ways of earning that is unique. The common belief surrounding the Swash community is that people should be awarded for sharing their data for use in the company without having to worry about issues regarding data privacy and protection.