Can Swash, which breaks the traditional data monopoly, achieve "data as income"?
Swash is expanding into a data democratization, decentralization, and non-monopolistic data ecosystem.People do not have ownership of their data, and users cannot control what happens: how is data collected, used, and sold? Users also cannot receive any profits that it may generate.
They lack the technical ability to regain control and be compensated for their contributions, leading to an imbalance and exploitative methods of data collection.
While regulations and legislation attempt to protect personal privacy, they have their limitations. The current data economy, although vast and rapidly developing, is not the only existing model under legal constraints.
Technically, addressing data value is a complex issue. But perhaps things are different now; Web 3, distributed technologies, smart contracts, and micro-payments make ownership of the internet a possible and credible governance.
What is Swash?
Swash supports the next generation of data solutions and a collaborative development framework through new incentive streams, driven by the spirit of Web 3. It enables individuals, developers, and businesses to cultivate a new reality of value creation through data ownership.
Swash started in 2019 as a browser plugin and has attracted many users, allowing them to unlock the potential value of data by aggregating, securely sharing, and monetizing it.
Swash is expanding into a data ecosystem that is democratized, decentralized, and non-monopolistic.
The core team members and advisory team of Swash include Henri, founder and CEO of Streamr, Bruce Pon, founder of Ocean Protocol, and Reza Naeeni, among others.
Recently, Swash completed a $7 million private funding round, with investors including Outlier Ventures, Streamr, and KuCoin.
Currently, Swash is available for desktop versions of Firefox, Chrome, and all Chromium-based web browsers.
Such as Chromium, Microsoft Edge Insider, Brave, UC Browser, and Opera. It is also attempting to expand to Android and iOS. If you want to learn more, you can check the official website: "https://swashapp.io/".
Components of Swash
Some components on the Swash platform and their functions:
sMember, sCollector, sCustomer, sIntelligence, sApp, sUser, sChannel, sClient, sCore, sChain, sPortal, sCompute, sService, sRevenue, sVault.
The data alliance established on the Swash platform can reward people with data value, allowing individuals to earn income while browsing the internet, enabling them to exercise their data rights while celebrating their role as providers of fundamental value in the digital economy.
This, in turn, sets new standards and reshapes the data economy, providing an alternative solution that is applicable to most people rather than just a few.
In the traditional internet, data buyers directly access data and process and analyze it.
On Swash, through SCompute, Swash provides a method for data customers to compute data without purchasing it.
Moreover, the data itself remains private, not sold or moved. Instead, they can deploy algorithms on Swash data and only pay for computation and access to results.
The results and products computed from this can also be resold, allowing data scientists (customers) and data contributors (members and users) to have their data included in datasets or implement statistics of the "computation."
From a structural perspective, simply put, when users use Swash, their data while browsing the internet is aggregated with other users' data into a data alliance.
When buyers purchase data from this data alliance, members within the alliance can share the profits, and the Swash team will also take a small portion.
At the same time, Swash allows users to control and choose to share their data, with users deciding which data to share externally. On the other hand, data buyers can make business decisions and conduct research based on this data.
Swash currently uses Streamr's DATA Token for payments, and will later introduce its own governance token—SWASH—as a payment and data transaction method.
Swash TOKEN and Swash DAO
Swash TOKEN is the native token of the Swash ecosystem, and as the ecosystem is adopted, the demand for Swash will increase, potentially increasing its value, which may be balanced through regular token "burning."
Swash community and Swash TOKEN holders will be able to participate in the following:
• Vote on new roadmap developments or modifications
• Vote on decisions related to the TOKEN
• Vote on projects supported by Swash DAO
Swashqukuaiil Roadmap
Q3-Q4 2021
Connect directly with data buyers through market integrators.
Incorporate direct investments from social commodity organizations into Swash expansion.
Continue to integrate Swash expansion with all web browsers and obtain Swash published in web stores—including Safari and mobile web browsers.
Develop queries and search functions to manage previously collected data based on Rate and Integrator development.
Enhance the intelligent platform to submit predefined reports and add sessions and durations.
Launch the first version of Swash smart contracts to distribute income equally among members.
Q4 2021—Q3 2022
Reveal core services and functions while enhancing transparency and revenue-sharing capabilities.
Release the first version of sCompute and sChannel.
Migrate Swash smart contracts to the next generation to meet new ecosystem demands.
Develop SPortal for regulation of data scientists and sApps.
Release the next version of sIntelligence to present product category dictionaries that align with user and functional growth.
Develop sApp infrastructure and the first version of the SDK to launch preliminary application versions.
Improve revenue distribution mechanisms to allocate based on contributions to "sMembers" and "sUsers."
