icon - Sway Social
SWAY Sway Social
-1.49%
$ 0.00418977
Rank
Name
Price
CAP
Volume 24h
Circulating supply
Change 24h
Graph (7d)
  • -
    Sway Social
    $ 0.00418977
    -
    $ 23,554
    0 SWAY
    -1.49%

Sway Social. Price of cryptocurrency: $ 0.00418977

Sway is a social network. The first social protocol that uses NFTs to translate social capital into an asset class is Sway Social.
The NFT is the building block in Metaverse.
In traditional Web 2 social media platforms, the number of 'Likes' or 'Followers' is related to their earnings power.
Sway introduces a model where social capital is translated into an asset class. People can stake with their creator pool instead of following a creator. The value is determined by the TVL.
What does it do?
They require value to be locked in a form of stake that will eventually yield rewards.
The value of your stake and queue position are related to creator pools. The first position in the pool has the most favorable terms. There are people in this picture The creator adoption mining will lead to the release of an additional 100,000,000 token.
The SWAY token is required to establish a pool.