Because of big dick dady Bitcoin, you guys have another chance to get into Swipe at a ridiculous price. So let me shill you.
>What is Swipe? 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.
This means the FUD about how SXP is actually competing with MCO which is only valued at $65 million (the FUD wasn't quite right in the first place as SXP has more functionality than MCO) is now completely invalid.
SXPs only competition is now the $3 billion CRO.
Jonathan Clark
>Why use Swipe?
1. Best way of cashing out of crypto. Just took out a EUR 1k trough a random ATM. The app automatically converted my BTC into EUR at Binance price. Pic related. 2. You get cash back on any purchase. You basically make everything cheaper 1-4 percent; 3. Staking reward coming in two weeks. And the rumor is they are going to be insane as CZ wants to show crypto.com who is boss. 4. With my code NITT6Z you can get USD 25 signing up bonus.
>Why invest in Swipe?
1. Extremely low market cap (20x 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 5. Will be used by Binance as their card provider 6. Shilled extensively by CZ 7. Active community 8. New announcements weekly; 9. 12% APY for SXP Staking; 10. Swipe Governance Token airdrop to SXP Holders on 17 August; 11. Staking incoming (currently on testnet. Will be launched by the end of August); 12. Will be Binance DeFi project.
