Daily Swipe (SXP) Thread

>What is Swype?
Swipe has developed a debit card and wallet platform that gives users access to spend various cryptocurrencies in fiat currencies on-demand.

The crypto-fiat conversion can be done in a few seconds. Swipe aims to make crypto finance mainstream by connecting existing payment networks to cryptocurrencies.

Swipe allows users to deposit crypto into their Swipe Wallets, which give instant access to spend those funds in fiat currencies, while using traditional Visa debit cards.

>How does Swipe work?
Swipe Network consists of 3 protocols that operate the network in an asynchronous format:
1. Swipe Card: A Visa debit card that enables cardholders to spend balances that are linked to the Swipe Wallet mobile application.
2. Swipe Wallet: A digital wallet application that enables users to buy, sell, spend, and more with their cryptocurrencies.
3. Swipe Smart-Contracts: These delegated smart contracts are given to users within the Swipe Network and execute certain actions using its native SXP token.

While the Swipe Network is the core of the Swipe ecosystem of products, it’s important to note that the Swipe Network requires all 3 components to operate as designed today on-chain. However, the other Swipe products, such as Swipe Wallet and Swipe Card, can function independently with the Swipe Network off-chain.

In a future version, the Swipe Network on-chain process will be governed by a decentralized autonomous organization (DAO) and will utilize a proof-of-stake consensus method to secure the platform. This system will be secured via SXP staked on a smart-contract within the network that offers incentives, such as a transaction fees for validating transactions on-chain.

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>Why invest in Swipe?

Simple:
1. Extremely low market cap (50x lower than their competitor crypto.com)
2. Working product that is miles better than their competitors and targets normies
3. Not using Wirecard as their card issuer
4. Binance listed only like a week ago
5. Will be used by the largest exchange in the world as their card provider
6. Shilled extensively by CZ
7. Active community

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Bought 80 swipe yesterday, fomo’d in but your shill has been very intriguing sounds like a decent project

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Upvote:

/r/CryptoCurrency/comments/htx37i/lets_discuss_swipe_sxp/

So much potential. I've never been this excited about anything since 2017

Sold this scam pump for more LOKI. Comfy.

Sold a coin that has done 2x within a week and will do 50x more for a shit coin. Oh wow. Stay poor.

@user that has 200k SXP, can you buy some up votes for the post

Scam pump? It was just acquired by binance and will implement staking on August 1st. Nevermind the fact they have a working product. Sell me your bags user, I'll happily take them.

SO much potential its insane how early we are.

End Q4 2020 predictions ?

Current mcap is 84 mil. It'll EASILY do a 10x.

Seconding this, this coin is definitely 1 billion potential.

How long do you think it will take for SXP to overtake RLC in price? I think by the end of next week

Definitely will surprass RLC within a few weeks.

Would be pretty impressive but it's doable after staking launches.

So this is AMON 2.0?

No, this is swipe v1

>Swipe CEO

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this is bullish. ugly ceo's are successful because they need success in their life for getting women

I chuckled but unironically agree.

big IQ post

Check em

Do you think $4 before August is possible?

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Binance is a shit-tier exchange. Its like mcdonalds of crypto but without the dollar menu.

Binance is the normie hub, and fees reflect that. You think that card is gonna be any different than others? How are the fees gonna add into the equation? Do you honestly think people are gonna want to use a crypto bank card over traditional debit/credit, especially when the market is so much more volatile than the euro?

You'd be really dumb to, because fees and volatility. Thats all I gotta say. We are probably a decade away from a reliable, cheap, and practical crypto debit card.


Swipe is the latest biz PnD, don't fall for it

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also just add, if you are looking for a legit project that is undervalued check

1-4% cashback. Being a normie hub is actually a good thing since they're less likely to swing trade. Fees aren't that high. Uniswap's are fucking 0.1%. Nice FUD.

>Binance is a shit-tier exchange
just lol

Lmao. Spreads fud and proceeds to shill his pnd shitcoin. Respectable!

Just bought 30 k at ath, ama

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you are gonna make it