Swarm City profile
Swarm City Profile (SWT)
Score: 3.06 | Poor
Balanced Nano Cap
Project Safety Score

Mon, Oct 25, 2021 3:50 AM

Score 3.06
Rating Poor
Market Cap $267737.21391733
24hr Volume $30.8572917
Price $0.03136538517989
Review

Swarm City

token

Ethereum

Swarm City, found online at Swarm.city, is a commerce platform built on the Ethereum blockchain. The platform revolves around the SWT token. One of the unique things about Swarm City is that the data is stored locally on your device. There’s no central database. It’s also an open source project. Swarm City was created by a development team from Antwerp and entrepreneurs from the United States. The project was initially launched as a decentralized world known as Arcade City. The whitepaper for Arcade City for appeared online in October 2016. Swarm City allows people to communicate and transact in a decentralized way. Like other blockchain platforms, Swarm City has no middleman or trusted, centralized platform. It’s a P2P environment based on the Ethereum blockchain. One of the key features of Swarm City is the use of the Swarm City Token, or SWT. It’s the unique of exchange in Swarm City. All transactions on Swarm City are sent using SWT. Like other decentralized platforms built on Ethereum, Swarm City needs to use its own token to power he blockchain. Once you have SWT, you can use tokens for every exchange. Users can choose to see a transaction in dollars, Euros, or SWT. However, SWT is always the actual vehicle for the transaction. All transactions are recorded onto the public ledger using SWT. Swarm City has several features such as offers. Any user can publish a request for services or goods as an offer. Whether it’s ride-sharing or medical services, your offer can be posted to the Swarm City network. Besides, with Swarm City, funds are deposited into an escrow until the user releases the funds to the receiver. For every offer created, Swarm City automatically makes a smart contract. Both users deposit tokens into the smart contract as a guarantee for a successful transaction. In the event of a dispute, the user will not release the funds, and can start the process of resolving the dispute. There are also “guilds” that can resolve disputes based on their “Charter of the Guild”. Swarm City has a reputation system that works without the need to collect personal data. The platform makes a big deal out of the fact that it never has and never will collect or store personal data.

Read more in the whitepaper:
https://press.swarm.city/swarm-city-boardwalk-overview-9a362f19411f

Swarm City Smart contracts and audits.

Below are the available smart contract addresses and any associated contract audits.

ETH: 0xb9e7f8568e08d5659f5d29c4997173d84cdf2607


Ecosystems.

Swarm City is a part of the following ecosystems.

Swarm City Project Statement

Project statements are provided by senior members of the project team and serve to tell the reader why the project has honorable intentions and why is definitely not a scam.

Please get in touch to submit a project statement for this project. Emails must be sent from official domain email addresses and will be verified before being accepted.

Full Report

Swarm City Safety Report

Swarm City has a safety score of 3.06

Swarm City is a nano cap token.

Swarm City is suited to a balanced investment style.


Swarm City Profile

This profile has enough data to perform a thorough analysis. But any missing data will have a negative impact on the overall rating.

Missing Data:
  • project team
  • tradingview profile
  • exchanges

Swarm City Red Flags

There are currently no Swarm City red flags.


Swarm City Development Score

The Swarm City project has 61 active source code repositories.

The most recent commit was Sun, Jun 2, 2019 1:08 PM

  • 301 Watchers
  • 130 Stars
  • 142 Mentionable Users
  • 0 Vulnerabilities
  • No commits in the last 28 days
Highlights:
  • daily repo updates
  • poor stars
  • low watchers
  • poor mentionable users
  • no repo stars

Swarm City Sentiment Score

The sentiment score indicates how well the wider community regards the project. We analyse social media platforms such a Reddit, Twitter etc to access if the community is talking positively or negatively about a project. Or if they are even talking about the project at all!

The overall sentiment is very low indicating that this project is either not well-regarded in the community or simply no one is talking about Swarm City. In general as the popularity of a project grows and as main stream awareness grows this score will go up - though only if the news is good news!
Highlights:
  • The overall sentiment is very low

Swarm City Community Score

The community score indicates how active community is. Are they writing lots of articles and engaging in lots of conversations on the web? Where is the crypto communities attention spent? There are so many hours in the day to spend writing, reading, researching a project. So how much of this time is spent on Swarm City?

The larger a community is then the more eyes are on that project. Sharing information, red flags and concerns is more likely the bigger the community is. And larger communities are alot hard to censor and control - therefore they provide a diverse range of opinions.

Overall Swarm City has an poor community rating, small communities can be easily manipulated and bullied (banned from telegram, deleted from discord etc) into towing the project line. If a project is new and doesnt have a big active community then in general as the project grows the community score will increase.

Highlights:
  • extremely high gitHub account watchers
  • average hashtag tweets
  • very poor reddit articles
  • no search result count

Swarm City Awareness Score

The awareness score indicates how well Swarm City is known in the main stream. Its all very well for a project to have a discord channel to have 1000 users chatting all day about how great the Swarm City is but a good measure of longevity is how well the project is known by the general public.

Overall Swarm City this project is not known by the general community. If a project is new and has not had a lot of marketing or exposure then in general as the project grows the awareness score will increase.

Highlights:
  • no search result total
  • very poor news articles mentioning Swarm City
  • no news articles directly about Swarm City

Swarm City Credibility Score

The credibility score indicates how credibility a project is. Does it have a ridiculous name? Is it run by a 13yr old in their basement? Is it just 2 days old and too early to tell?

Highlights:
  • Mature project age (released Mar 3, 2017)

Swarm City Volume Score

The volume score is the simplest of all our metrics and quite often the bottom line metric. It doesnt matter how well a project scores on the other factors, if it is only shifting a few thousand dollars a day in volume then there is a high chance you will left holding a bag

Highlights:
  • no USD 24hr volume

Red flags come in all shapes and sizes

At the end of the day a cryptocurrency project requires you to part with your hard earned cash in order for it to become succesful.

You expect a level of transparency and professionalism from a project that is asking for your money.

There are all sorts of red flags which you should be weary of;

  • 404 (missing) websites
  • Expired SSL certs
  • Malware/Hijacked sites
  • Suspended Twitter accounts
  • Private Subreddits
  • SEC investiations

If you spot anything suspicious/resolved then please let us know.

Swarm City Red flags
  • No red flags
    No red flags have been identified. That doesnt mean its a 100% safe project, it just means that no red flags have been brought to our attention.

Swarm City Exchanges
Swarm City Explorers
SWT
Community Trust Score (SWT)

--/5

0 reviews
No reviews
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Do you think Swarm City is a scam project which will disappear in a rug pull in the next few months or do you think Swarm City is here to stay?

And more importantly let us know your experience and warn others if you have noticed something suspicious.

80.00%

Complete
Profile Status

How complete is this profile:

Some missing data points

This profile is still waiting for the following data points

  • project team
  • tradingview profile
  • exchanges
Community Signals

--/5

(no reviews)
Community Trust Score
Market Cap Rank:
2188
Voted:
--
Bulls v Bears:
neutral
Watching:
0
Trending Position:
Swarm City Reddit
Swarm City Github
Swarm City News
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    Mon, May 24, 2021 1:48 AM

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    Mon, May 17, 2021 1:46 AM

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