SWAY

Sway Social

Polygon

Price
$0.0002838
24h
−3.3%
7d
−18.0%
Market cap
$14.0K
24h volume
$1.2K

polygon-pos 0x262b8aa7542004f023b0eb02bc6b96350a02b728

Report

Sway Social (SWAY) is a polygon ecosystem on Polygon. 49.5M of a maximum 200M are in circulation, or 25%. It ranks 10694th by market capitalisation among the coins tracked here. Its source link did not respond when we checked on 29 October.

Sway Social is the first social protocol for Metacreators that uses NFTs to translate social capital into an asset class. This allows anyone to monetize their Metaverse on their terms.

Every building block in Metaverse — game item, avatar, collectible, social media post, land title, etc. — is an NFT. Behind every NFT creator is a community that establishes the value of creator's social capital.

In traditional Web 2 social media platforms, the number of ‘Likes’ or ‘Followers’ is directly correlated to their earnings power. Creator is primarily valued by the number of followers he can engage with.

Sway introduces a web3 equivalent model where social capital is translated into an asset class. Instead of ‘following‘ a creator, participants can stake with their creator pool. Value is established based on the pool participation TVL. Stakeholders are providing a social underwriting facility for creators through a subDAO.

Sway Social's own description, via CoinGecko. We did not write it and we are not endorsing it.
Circulating
49.5M
Total supply
100.0M
Max supply
200.0M

Supply as of 3h ago