Swash
Crypto Overview
Purpose and Utility
Swash is a data monetization ecosystem that aims to allow users to earn rewards for sharing their browsing data. The SWASH token serves as the native currency within this ecosystem, enabling users to be compensated for their data contributions while maintaining privacy and control over their information.
Business Model
The platform operates by allowing users to install a browser extension that collects anonymized browsing data. This data is then aggregated and sold to businesses and researchers, with the profits being shared with the users who contributed their data. The business model appears transparent and doesn't involve any inherently prohibited activities.
Real-World Adoption
Swash has developed partnerships with several data marketplaces and analytics firms. The platform reports over 220,000 users of their data collection tools. The ecosystem shows genuine utility in providing a marketplace for consensual data sharing.
Platform Development
The project maintains active development, with regular updates to their browser extension and data collection tools. The team consistently releases technical updates and improvements to their platform infrastructure.
Token Distribution
The token distribution includes allocations for the team and early investors with standard vesting periods. While a significant portion is allocated to the founding team, the vesting schedules appear reasonable and designed to align long-term incentives.
Crypto Impact
To assign a comfort level investing in Swash from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Swash.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.