Introduction

The following review, is a detailed summary and analysis about the SWIDEX Project. This will be helpful for everyone who wants to learn more and get an objective view about the SWIDEX Project.

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. 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.

Problems Swidex aims to Tackle

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.

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.

With P2P Digital Assets Trading, Swidex will combat the problem highlighted above.

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.

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 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.

Roadmap and Development Perspective

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.

Unique Team

The Swidex team comprises of topnotch professionals in their domains. They have ambitious goals which will enable them to set new standards for the Market. To achieve this goal a strong Team is built with all the necessary skills, talents and long-time experience needed for the project. Most of the team members on Swidex have verified LinkedIn profiles. This is all good because the more transparency a company have in regard to their team, the more trustworthy they typically are.