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Swarm City Fundamental Analysis
Swarm City is a decentralized peer-to-peer platform and its eponymous token based on Ethereum. This project offers a transparent exchange of goods and products between individuals on the Internet without disclosing their personal information. Users can earn an on-platform reputation for successful deals and create their own marketplaces and communities of like-minded people. Swarm City provides an alternative to the existing third-party intermediaries, thus eliminating conflict and offering a platform for voluntary exchange. For example, some notorious Swarm City projects include Trelleth – an analog for Trello and a ride-sharing service similar to Uber. The marketplaces on the platform are called hashtags and you can browse goods or services based on them. The platform makes sure its users receive quality service and a pleasant experience, similar to how traditional marketplaces operate. The groups of people providing a similar service on Swarm City are called hives and represent a place where everyone can benefit from their unique skills while also sharing the earned resources equally to use for a common goal. Swarm City also uses smart contracts to ensure there’s no fraud in the process of exchange on the platform. The project has a profound philosophy of building a new social structure based on P2P relationships between people and rejecting branched intermediary structures. The idea behind it is fully executed on the platform. Swarm City also has its own wallet for converting tokens and the Arcade tokens are exchanged for Swarm City tokens with a 1:1 ratio. The project closely follows the steps of its roadmap and there’s complete transparency on who is working on the project.
Swarm City Live Price Chart
Swarm City Technical Analysis
Swarm City Price Prediction
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