Recapitulation of SWIRGE PROJECT AMA event held at AMA LOVERS CLUB.
Date: Sunday, 14th February, 2021
Time: 14:00 UTC
The SWIRGE PROJECT team was represented by @Dappcentre who judiciously shared with us detailed knowledge and information about SWIRGE PROJECT.
1st Segment: INTRODUCTION
Q1: Can you please introduce yourself and your background, also introduce the Team working on the Swirge Project?
ANS: Thank you, I am Keith Mali Chung, 29, investor, tech-preneur and cofounder of a fast rising Blockchain based startup, Swirge.
My mission is to advance humanity by being a tool of change and transformation in the next wealth transfer through digital assets
Johnson Daniel Jonah is my other cofounder and serving CEO and amongst us are people from different part of the world building Swirge with great experiences both in the blockchain space and customer services relation services.
Q2: Can you introduce the Swirge Project, what critical problems does it solve that existing solutions are not solving and what's the competitve advantage?
ANS: Swirge is a decentralized social media platform that gives users complete control over their account data and privacy, Swirge is built on the blockchain.
Swirge is the first Decentralized social ecosystem on Binance Smart chain and also the first multi-chain decentralized social media that co-exists on #Matic network also.
We are built to give users power and control over their privacy and also to be in charge of their data which such terms is strange to the conventional social media.
Q3: Can you briefly describe the Top milestones you have achieved and your target milestones with timelines, also share your roadmap?
ANS: Thank you for this beautiful question
We achieved all that was in our roadmap as scheduled from the starting
We launched our Beta App both on Android and IOS, onboarded fiat transactions, reached over 50k active users in 4 months, migrated to Binance smart Chain to help in facilitating fast transactions and low transaction fee, also integrated Matic Network on Swirge to make it more decentralized.
Our token has been listed in more markets and more announcements are coming as we enter this new week,
We’ve been buying back our token and scheduled token burn in March.
So many partnerships and updates in the pipeline
Join our telegram for more updates
2nd Segment: LIVE Questions
Q1: Swirge claim to offer a user-friendly platform, with no restrictions, fees, and completely free to use. Since no fees are being charged, how then does the platform get funds in running the project? Do you guys have other businesses you venture into that generate funds for you?
ANS: Yes, that’s right but our streams of revenue cut as cross advertisements, revenue from upgraded profiles and more. When you read our whitepaper and explore our app, you will realize that it isn’t just your regular social media, but something enticing to accommodate both no coiners and the crypto community.
Q2: As an investor what are the benefits that I get by holding $SWG token for long term?Does $SWG token have any burning program?Also how do you manage the gas fees of $SWG comfortable for traders?
ANS: $SWG (SWGb on BSC) is a utility token on the Swirge App, it use cases are, means on Swirge marketplace, payment of post (Swerves ) sponsorships, account upgrades, amongst many others.
We have announced our buy back programs which you check here
Also transactions both on #BSC and #Matic are very much low compared to other existing blockchains
Q3: How does Swirge Pay become realistic to its vision and mission in the Blockchain industry? What is your ultimate goal and outlook in 2021
ANS: Swirge project is already a reality, we have a very large supportive community and we are focusing even in achieving more. Yes we are a Blockchain based project and we want to make sure even no coiners are not left out, thereby, making having them using the blockchain without knowing it.
Q4: one project has two coins in different networks maybe a lot, but can you explain the uniqueness, differences, and advantages of the SWIRGE project that other projects or similar projects do not have?
ANS: Thank you!
Both $SWG and $SWGb are 1:1 token whereby they can be swapped to either of the two at any given time
$SWG is built on the ethereum blockchain and we realized it’s hard for many in developing nations to cope with the high transaction fee in ethereum therefore, we had to had to add Binance Smart Chain.
Thank you so much for the support from this community l.
Swirge is a unique project that aims at becoming one of the top projects winthin the blockchain space. Keep supporting let’s achieve this today.
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