Swapp is a decentralized protocol with a platform for data democracy. Check out the video below to discover how your data is shared in the Web3 era.
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Everyone person’s data is valuable. However, given the way applications are setup today, most people don’t understand how their data is used and being monetized. The Web 3 economy is a revolution that seeks to change this and bring data, responsibility and opportunity back to the consumer.
Today we sat down with Dmitriy Azarenko, the Co-Founder & Head of Product and Tural Bayev the Founder & CEO of Swapp, a DeFi protocol that seeks to turn the data monetization industry upside-down. We discussed a broad range of topics ranging from the 3 forms of data that are being collected from individuals to single sign-on fully decentralized technologies that enable a user to be in full control of what they’re doing even when they’re interacting with Web 2 technologies. We dove into how Swapp Protocol works and went over its product ecosystem that includes a Data Platform for Privacy and Monetization, SWAPPID & Wallets, an NFT Marketplace, a DeFi App, and a Banking On and Off-Ramp Solution.
As Web 3 continues to grow, Web 2 companies will have to adapt in order to survive and protocols such as Swapp stand to gain from this as they enable consumers to start getting paid for their data.
– Wassie Capital
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Degate, a Decentralized Layer 2 Exchange based on zk rollups. DeGate will offer secure order-book trading that is faster and cheaper than mainnet. Degate also offers a fast and efficient L1 – L2 Bridge, testnet is operating now. Try it HERE!
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⚠️ DISCLAIMER: Investing in cryptocurrency and DeFi platforms comes with inherent risks including technical risk, human error, platform failure and more. At certain points throughout this post, we might get a commission for promoting certain projects, if this is the case we will always make sure it is clear. We are strictly an educational content platform, nothing we offer is financial advice. We are not professionals or licensed advisors.
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