Swarm (BZZ)

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Description

Swarm is an open-source blockchain-based platform that provides an incentivized infrastructure that allows anyone to create and run their own crowdfunding platform. The platform was founded by Joel Dietz in late 2016 and is built on Ethereum’s blockchain. This allows it to offer a number of features that make it different to other crowdfunding platforms. Swarm’s mission is to bring greater decentralization to crowdfunding and create a fairer, open, and more transparent system of crowd investing. The platform allows users to bypass the expensive fees of VCs and platforms, as well as democratize access to investments in real estate and blockchain-based investments of any kind. Swarm’s main cryptocurrency is BZZ, which powers the platform and helps to fuel the decentralization of its infrastructure. BZZ tokens are rewarded to those who take part in crowdfunding campaigns, as well as to Token Providers that are willing to put up their BZZ tokens for projects. BZZ tokens can be used for a variety of purposes, including buying other assets. In order to buy and sell BZZ tokens, users will have to use traditional exchanges or decentralized exchanges like OpenLedger DEX. OpenLedger DEX allows users to buy and sell Swarm-based tokens for other cryptocurrencies, such as Bitcoin or Ethereum. To sum up, Swarm is a revolutionary new crowdfunding platform that is powered by blockchain technology. It is designed to provide an easier and more cost-effective way to invest in blockchain-based assets, as well as real estate investments. The platform’s main cryptocurrency, BZZ tokens, is used to fuel its infrastructure and reward active participants. BZZ tokens can be bought and sold on traditional and decentralized exchanges.