Introduction
As progressive as it sounds, Blockchain really is a system to convey everybody to the most noteworthy level of responsibility. Not any more missed exchanges, human or machine blunders, or even a trade that was not finished with the assent of the gatherings included. Above whatever else, the most basic territory where Blockchain causes is to ensure the legitimacy of an exchange by recording it on a principle enroll as well as an associated dispersed arrangement of registers, which are all associated through a safe approval component.
The blockchain is a morally sound computerized record of monetary exchanges that can be customized to record not simply money related exchanges but rather for all intents and purposes everything of esteem. Blockchain innovation resembles the web in that it has a worked in power. By putting away squares of data that are indistinguishable over its system, the blockchain can't be controlled by any single substance and has no single purpose of disappointment. The web itself has turned out to be tough for just about 30 years. It's a reputation that looks good for blockchain innovation as it keeps on being produced.
OVERVIEW OF SWIDEX
Swidex is a tokenized decentralized application that will be built on Ethereum protocol. It aims to provide a completely decentralized exchange that is eco-friendly, fast and secured for P2P digital assets trading. Ethereum Blockchain is adopted because Ethereum was one of the early cryptocurrencies that emerged in the Blockchain industry.
Most developers are familiar with the programming language, Solidity and more than 50percent of digital assets operate on Ethereum Blockchain either as main Blockchain or initial Blockchain before mainnet launch.
Therefore, Swidex advances a wide coverage of digital assets and provides a decentralized trading platform.
Mission and Purpose
Swidex aims to provide a decentralized P2P trading platform with smart contract technology. A world where users trade digital assets with equanimity. A burning protocol will be integrated into Swidex smart contract where Swidex tokens will slowly be burn until 30 percent (1.5 billion) of the total supply is successfully burned.
Swidex will offer dividends in form of Ethereum (Eth) quarterly to holders of Swidex tokens. This is to reward Swidex token holders as stakeholders of Swidex.
Impending Challenges
Since centralized exchanges are controlled and managed by a central administrator, several inherent problems are associated with the use of CEX. There are numerous stories of users’ accounts frozen or depleted without genuine explanation or reasons. More so, numerous security breaches have been reported in millions of dollars leading to tremendous loss of users’ assets, and eventual shutdown of the exchange.
A notable CEX, Cryptopia had a security breach and reportedly suffered huge loss leading to its eventual shut down. In addition, cases have been recorded where users of a reputable exchange were denied access to their funds as a result of death of founder of the exchange holding private keys to wallets containing users’ funds and assets.
Solutions Offered by Swidex
P2P Digital Assets Trading
Swidex is a DAPP and token protocol that provides an open peer to peer decentralized trading platform that is instant, fast and secured where its users are able to eliminate intermediary barriers and controls of the centralized cryptocurrency exchanges. Swidex is not controlled by a central administrator or entity but it offers a platform where users are empowered to trade directly within themselves on the term they choose.
About The SWIDEX Tokens (SWDX)
Swidex tokens is built on Ethereum Blockchain, ERC-20 with a total supply of 5,000,000,000 (5bn) SWDX. SWDX is the native token of Swidex, serve as fuel for the exchange. It enables liquidity and powers open, fast and secured transactions between users of Swidex
Token Details
Token name: Swidex
Ticker: SWDX
Total Suppy: 5,000,000,000 SWDX
Seed Funding/private sales: 2,500,000,000 SWDX (50%)
Team/Advisors: 15%( To be locked for 1years)
Airdrop SWL holders: 5%
Promotion/Marketing: 5%
Partnerships: 5%
Dividends/Rewards: 5%
Token reserve/future development: 15%
SWIDEX Public Sales and Distribution
ROADMAP
TEAM AND ADVISORS
Antonio Rakib: FOUNDER/CEO
Founder Swiftlance & Swidex
Blockchain & crypto enthusiast. Focused on research, Blockchain development & mass adoption of cryptocurrency globally.
ALEX SAJIB: CHIEF OF OPERATIONS
Operations Manager Swiftlance & Swidex
Combinationof skills and knowledge in Blockchain technology, marketing, public relations and market research.
Murtaza G.H: DEVELOPER/PROGRAMMER
Co-founder & Blockchain developer/programmer Swiftlance & Swidex Dev. Valuation Analyst & Web designer.
Vast knowledge and experience in experimenting with HTML, CSS, JavaScript, Solidity, dabbling with Python and Ruby. Wide exposure in cryptocurrency world and experience in Blockchain industry.
For more information, please visit:
WEBSITE: http://swidex.trade/
WHITEPAPER: http://swidex.trade/swidex.pdf
No comments:
Post a Comment