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AMA Recap: Learn about Swash Smoke, roadmap updates, DAO Ignition Campaign and more!

To welcome 2022 with a bang, an AMA took place in Swash’s Telegram group to address some of the most frequently asked questions from the…

Swash

Swash

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AMA Recap: Learn about Swash Smoke, roadmap updates, DAO Ignition Campaign and more!

To welcome 2022 with a bang, an AMA took place in Swash’s Telegram group to address some of the most frequently asked questions from the Swashbuckler community.

On January 14 2022, Swash’s Chloe Diamond and Reza Naeeni answered the most pressing questions from the community and shared updates on what the team have been working on, what’s coming next, the new Swash Smoke token burn schedule, and a sneak peek of the DAO Ignition Campaign, plus much more.

2021 was a foundational year for Swash, and 2022 is set to be the year of adoption.

Keep reading for all the latest happenings from Swash!

FAQs from the community

Can you summarise what the team has delivered since the IDO?

Chloë:
Of course. A lot has been happening, so here’s an overview from Swash and everything we’ve accomplished in the last 2 months or so since the IDO:

What are the Swash team currently working on and how can we stay updated?

Chloë:
The easiest way to stay updated is to join the Swash announcements channel and to follow Swash on Twitter. You can also subscribe to the bi-weekly newsletter where the highlights are all summarised.

There’s been a lot going on behind the scenes. Here’s an overview:

  • After announcing Swash Smoke, we’re working on making the first burn mode go live. The community have a huge role to play in all of these, so be sure to check out the blog to find out what kind of impact you can have.
  • Preparing to launch DAO Ignition — one of the token burn modes and also a huge campaign for kickstarting the Swash DAO. This is gonna be a big one…
  • Expanding marketing activities through new channels, including influencers, new partnerships, media features, and a bunch of community-driven campaigns.
  • Team expansion across marketing, technical, and business development to scale up Swash in all areas
  • Getting ready to launch Data for Good in Q1

What’s coming next? What can we look forward to in the coming months?

Chloë:
Whew, so many things. I’ll try and summarise some of what we’ve got planned:

  • One huge thing is that the DAO Ignition campaign will be going live very soon! How quickly it grows will depend on the community, I hope you’re all ready
  • The first $SWASH token burn!
  • Plenty more events and media features across crypto, Web 3 and data.
  • Launching the Swash ambassador program
  • New product features and integrations
  • The last two Swash partnerships with IoTeX and Polygon were a success, and we’re always actively working on finding new ways to collaborate with other projects and to expand the Swash network
  • Planning out the $SWASH listing strategy for 2022. The goal is to be listed on 2 more exchanges this year
  • New staking programs to be announced!
  • Ongoing work around sIntelligence and initial development of the platform

That’s a whole lot to look forward to. The team must be working non stop to get so much done.

After using the Swash app, what else can the community do to make Swash a success?

Chloë:
There’s a bunch of different things community members can do to get involved, especially with the Swash Smoke and DAO Ignition campaigns.

Bringing new people to Swash and hodling your $SWASH will trigger burns and also increase the DAO Ignition prize pool. You can read more about how they work in the blogs

Aside from that, you can:

  • Follow, share and engage with Swash on social media
  • Create content about Swash (tweets, memes, visuals, summaries, quotes, infographics, stickers, videos, blogs, translate, research — it’s all welcome!)
  • Share your ideas
  • Send feedback
  • Become Swash ambassador
  • Report scams
  • Interact with others in the space

The community is the driving force behind making Swash the success it is and it’s gonna stay that way.

Community is so important and it is amazing how the community is such an integrated and vital part of the Swash ecosystem.

You have been bringing up Swash Smoke a couple of times now.

Can you summarise Swash Smoke and why it’s exciting?

Chloë:
Happy to, we’re really excited about it. With Swash Smoke, Swash is giving community members the power to launch several token burn campaigns, kickstart the Swash DAO, and propel the Swash movement to new heights.

Token burns work by incentivising ecosystem stakeholders and limiting the supply of tokens with objectives-based or time-based conditions.

With Swash Smoke, 10% of the total supply will be burnt (100 million $SWASH). The burns will happen in 6 different ways:

  • Swash App User Growth
  • Ecosystem Revenue
  • Future Revenue
  • DAO Ignition
  • Data for Good

These graphics summarise it all perfectly, but essentially it’s up to the community to take action to make these burns happen.

As a result, you will:

  • Scale up the Swash community through tokenomics-based incentives
  • Enable the community to impact the performance of the Swash token
  • Drive value to ecosystem stakeholders
  • Supercharge new product releases and return their generated value to strengthen $SWASH
  • Kickstart the Swash DAO

You mentioned DAO Ignition as one of the burn modes. What is DAO Ignition and when will it launch?

Chloë:
All details around the DAO Ignition will be announced in a blog soon, but here’s the early access overview for the community, see below:

The DAO Ignition campaign will launch soon and will be live for one year. Its purpose is to kickstart the Swash DAO and to boost $SWASH token adoption across all chains — currently Ethereum, xDai and Polygon.

For every person who participates, Swash will add $20 to the prize pool until reaching a cap of 300K USDT. One lucky winner will take home the grand prize, and all participants will automatically be considered DAO early bird members! The strongest and longest holders will be able to run for the DAO Steering Committee.

As part of the Swash Smoke token burn campaign, Swash will burn 10% of the monthly average of the amount held by the community for the duration of the DAO campaign until burning a max of 5M $SWASH.

As an added bonus, if the pool reaches the maximum cap, Swash will make a donation of 100K USDT to charity as part of the Data for Good program!

Selected questions from the community

What’s your main focus right now? Focused on the community or market/Exchange or the products?

Reza:

  • Token burn
  • Community initiatives
  • Product development
  • Team expansion
  • DAO launch

Is this project only for elite investors, how about others with small funds, is it open to everyone?

Reza:
The project is open to everyone. We welcome every new kind of Swash member.

Is your project a community only for English speaking an countries or for users not of other languages?

Reza:
All communities are welcome. Our ambassador program will be launched soon to reward active community members across the world.

Do you have any plans to attract non-crypto investors to join your project? Because the success of a project attracts more investors who haven’t yet entered the crypto world. What are the plans to raise awareness about your project in the non-crypto space.

Chloë:
Swash is centred on being user-friendly and, as a result, can easily appeal to a wider audience who are less crypto-savvy. It’s the only way we can get to mass adoption. One way we’re raising awareness is through different marketing channels, planned for this year!

What companies are you partnered with or seeking to partner with in future?

Chloë:
You can find the list of Swash partners on the website, and the latest are with IoTeX and Polygon. A few exciting ones are following soon, follow our announcements.

Can you indicate a feature or feature that you like best about the platform so that it can compete with other competitors? What are you most confident about for your platform? Do you have plans to get users to choose your platform?

Reza:

  • Data for Good feature
  • New staking programs across all chains
  • DAO ignition campaign
  • Integration with other ecosystem and expanding the token use cases
  • Allowing external developers to integrate their apps into Swash data pool

For a beginner and newbie in Crypto and NFT, do you have any tutorial guide so that I can understand more about the project?

Chloë:
Nice idea! We have some tutorials for different elements of Swash and have plans for more video walkthroughs too. The best kind of content to educate new users is when it comes from other community members as part of a movement together.

A strong Marketing strategy is very important. What are your marketing and promotion plans?

Reza:
For 2022 will focus on, see below:

  • Social media outreach
  • Influencer marketing
  • Partnerships
  • Community-driven initiatives
  • New listing strategy
  • Events

Did you consider community feedback/requests during the creation of your product in order to expand on fresh ideas for your project? Many projects fail because the target audience and clients are not understood. So I’d like to know who your ideal consumer is for your product?

Chloë:
Thanks, the Swash team welcomes feedback and requests from the community and even welcomes more than that by encouraging the community to lead various campaigns.

I just shared a few ideas about what the community can do to impact Swash here: https://t.me/swashapp_group/108078.

Everyday internet users are the primary consumers for Swash, but also businesses and developers. You can read more about that in the whitepaper.

About Swash

Swash is an ecosystem of tools and services that enable people, businesses, and developers to unlock the latent value of data by pooling, securely sharing, and monetising its value.

People share their data to earn while retaining their privacy. Businesses access high-quality, zero-party data in a sustainable and compliant way. Developers set up and build systems within a collaborative development framework with ease.

As the world’s leading Data Union, Swash is reimagining data ownership by enabling all actors of the data economy to earn, access, build and collaborate in a liquid digital ecosystem for data.

Let’s connect: Twitter | Telegram | Reddit | LinkedIn | Website | Newsletter | One Pager

Originally published at https://swashapp.io on January 18, 2022.

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