Swirge AMA Transcript

BSCNEWS hosts Swirge: A Decentralized Social Media. Swirge's ecosystem embodies a decentralized social media, a decentralized financial system, and a marketplace built on Binance Smart Chain.

By
CryptoShrimp
on
March 26, 2021
Category:
AMA

Crypto Shrimp (AMA Host): Can I check if the swirge team is in the house? @MrJaycrypto

Mr Jay Crypto: Yes we are 😇

Crypto Shrimp (AMA Host): Great! Without further ado, Its a pleasure of mine to be hosting this AMA with Swirge at BSC news, can’t wait to find out more about it! How are you doing today @MrJaycrypto ?

Mr Jay Crypto: Great, Thank you. and you?

Crypto Shrimp (AMA Host): Im splendid! and excited to know more about Swirge too. Shall we get started ?

Mr Jay Crypto: Yes we can. I'm honored to be here.


Q1: Lets kick off with an introduction of you and your team, what are your roles in the team and also what's past experiences do you have?


Mr Jay Crypto: Hello, good day everyone, I am grateful to be amongst you all. I am Johnson Daniel Jonah the CEO of Swirge. I'm a Computer Science graduate and a crypto enthusiast that has been in crypto since 2016. Swirge is a decentralized social media platform built on the blockchain ( Binance Smart Chain and Matic Network), where all your Posts or Swerves as we like to call it are stored. Swirge ecosystem embodies a decentralized social media, a decentralized financial system, and a marketplace built on the blockchain ( Binance Smart Chain and Matic Network). Swirge ecosystem is a user-centric platform that is built with users in mind. First, to protect the user's data and information and give them total control over their data. secondly, to give users the power to create wealth by socializing and the opportunity to take charge of their finances. Our solutions offer a user-friendly social platform, and we are so proud to share it with the entire world. Recently we are working on our Defi products, called Swirge Finance, a multichain yield optimizer on the blockchain and staking platform. soon to launch.

Crypto Shrimp (AMA Host): how about your team ? who are they consists of?

Mr Jay Crypto: Nigerian Crypto Educator Returns $80K in Bitcoin Received by Mistake

Keith Mali Chung — co-founder and president of African blockchain firm Loopblock Network — has returned almost $80,000 worth of Bitcoin mistakenly sent to his wallet. Swirge team members are made up of bright and capable minds from various parts of the world. I the CEO, Mr. Johnson Daniel Jonah, I'm a Computer Science graduate and a crypto enthusiast that has been in crypto since 2016. And my partner the COO, Mr. Keith Mali Chung who is infamously known for Humility and Honesty as the one who returned almost $80,000 worth of BTC that was mistakenly sent to his wallet. 

Article to this here: https://cointelegraph.com/news/nigerian-crypto-educator-returns-80k-in-bitcoin-received-by-mistake

He is also a crypto enthusiast who has been in this space since 2015. We guarantee that we bring into the team good and capable hands. people that are all in for the long term good vision of Swirge.

Crypto Shrimp (AMA Host): wow that a second person i know that is so honest, first one i knew returned 60k of funds that was sent mistakenly..


Q2: How did the creation of Swirge come about, and what is the vision?


Mr Jay Crypto:

It's simple, we all envision a world where blockchain gives all freedom, and complete control. This is our major drive. as our slogan on Swirge says "Express Yourself". We are building a platform where you can freely express yourself.

You can always download Swirge on Android: https://play.google.com/store/apps/details?id=com.swirgewave.app

iOS: https://testflight.apple.com/join/8Wdqk2uH

Website: https://app.swirge.com


Q3: Swirge is A Decentralized Social Media; State some of the features of Swirge makes it stands out from other social media platform.


Mr Jay Crypto: After the hack with Twitter, we see that the need for a completely decentralized platform is necessary. Swirge is built to solve real-world issues and our products, especially our decentralized payment platform will enable the user to participate in the open financial system. The platform is a need not a want. Unlike traditional existing platforms, Swirge is built to give users complete control over their data, privacy, and finances. We've seamlessly integrated a decentralized marketplace to enable secure and fast peer-to-peer buying and selling on the platform. Together with a decentralized payment platform to enable fast, cheap and secure transactions all within the platform. This solves issues with remittances, payments, and B2B, B2C type of transactions. All built on Binance Smart Chain and this makes Swirge stand out. One platform for social, e-commerce, and finance - staking and farming..

Crypto Shrimp (AMA Host): yes that is impressive


Q4: We know Swirge has $SWG and $SWGb,  whats the tokenomics of $SWGb? Is it inflationary, what are the team allocation etc?


Mr Jay Crypto: There is a total supply of roughly 80M SWG/SWGb we recently burned 290k of SWG and will be burning a certain amount every 3 months. so SWG/SWGb is a deflationary token. Supply details can be gotten from cmc. cmc shows the correct info. coingecko is yet to update.

For team allocation more info can be found here; https://sale.swirgepay.com Thank you.



Q5: Do let us know the use case of $SWGb, what is the utility of the token itself?


Mr Jay Crypto: As a holder of Swirge Token $SWG $SWGb, you are holding a utility token with actual use cases. This is the default token for payments on the entire Swirge Platform. Utilities such as Swirge Token SWG and SWGb will be used on the entire Swirge Platform to enable users to send payments from one user to another with a near to zero transaction fee, make fast, secure, and reliable transactions. Users of Swirge decentralized social media will be rewarded in SWG tokens. Marketing ads and fees on the Swirge Platform will be paid in SWG Tokens. SWGb holders will soon be able to stake SWGb on Swirge Finance and earn tokens like BNB and more. And even farm their SWGb to earn more SWGb.

Join us on telegram for updates: https://t.me/swirgepay Thank you.

Crypto Shrimp (AMA Host): thats great stuff, social media and staking combined!


Q6: So how can a Swirge user get rewarded when using the app?

Mr Jay Crypto: You get rewarded for referring users over to https://swirge.com and you earn rewards for each like you get on your content. so create valuable contents that are loved by the community. more info can be found on our medium platform; https://swirgenetwork.medium.com thank you. You can also earn by staking and farming on Swirge Finance platfrom. Swirge Finance launch platform will be launched soon. Do stay tuned.

Crypto Shrimp (AMA Host): i see so this is the place for influencers to flex some muscles and earn those $SWGb too


Q7: I did some research and read that the NFT gaming is in beta testing stage, will this be out soon? Is the game another way for users to earn more $SWGb?


Mr Jay Crypto: Yes it is currently under development. and the launch date will be annouced soon. Do follow us on all our social handles for updates on launch date for Swirge NFT gaming. Thank you.


Q8: How are the security aspect in swirge being taken care of ? is there any audits done?


Mr Jay Crypto: he Swirge Smart contract has not been audited yet by any external auditors. but we can assure our users of the security of our beta platform and we have a bug bounty campaign ongoing to help us better build the platform for everyone. An external audit report is on the way and will be published soon.

Crypto Shrimp (AMA Host): thats great and im sure the community will be pleased to know that.


Q9: Where do swirge gets its revenue from? As some believe that the funds will be able to help with future development? or there are other means of fundings?


Mr Jay Crypto:

Currently Swirge is not generating any sort of revenue, we are fully focused on building and growing our platform. But, Swirge decentralized social media will generate revenue majorly through ads, and fees collected on the decentralized marketplace and payment platform. Not to worry the fees will be much very considerate. Thank you.

You can join our telegram to stay updated with our developments: https://t.me/swirgepay


Q10: WIll Swirge be having collaboration with others projects soon?


Mr Jay Crypto: We have already some partnerships and a lot more excellent ones are on the way.


Q11: We covered quite a bit on the short term developement like NFT Gaming and also Swirge Finance platform, do let us know what are the future development or roadmap that are being planned out for Swirge.


Mr Jay Crypto: Swirge is focused on building and decentralizing. we got a lot planned, do stay tuned. thank you.


Q12: Share with us all the links of Swirge (TG/Medium/doc etc), so that the readers can find out more and follow the development as well!


Mr Jay Crypto: Thank you,

You can join our telegram community here: https://t.me/swirgepay

And follow us on Twitter: https://twitter.com/swirgenetwork

Also Sign up on the Swirge platform: https://matic.swirge.com

and follow us on Swirge: https://matic.swirge.com/swirge

Follow us on Medium: https://swirgenetwork.medium.com

Thank you.


Q13: Lastly the famous question before we wrap this up, do you have any alpha or juicy news that are upcoming for us here in BSC News?


Mr Jay Crypto: yes we do, Swirge will be launching Swirge Finance soon, this month. with SWGb MAXI farming and SWGb staking option to earn BNB. do stay tuned for more. thank you

Crypto Shrimp (AMA Host): thank you @MrJaycrypto for your time attending this AMA on BSC News. I hope that you had enjoyed yourself as much as I did. Do stay around to interact with our audience, I'm sure they have a few questions for you as well. A transcript of this AMA will be out shortly. Thank you once again.

Mr Jay Crypto: Thank you, I really do appreciate. And what a wonderful community. Thank you.

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