SWARM
3 min readApr 16, 2021

SWARM REBORN

Project Phoenix

Witnessing the now considerably lengthy life of the Swarm Network and its many evolutions has felt like watching the life and rebirths of this great mythical creature, only with more tokens and stuff!

Swarm has been a rocky journey for the many who have travelled its perilous peaks and troughs of development. Perhaps now the Swarm community can feel the heat of the Sun regenerate the Swarm project and it becomes a more downhill journey than times past.

Thank you to those who helped make this rebirth happen, at huge cost of personal time and hard effort. You know who you are and it’s testament to that effort we are ‘Reborn’ to be endlessly ‘Powered by Swarm’ through the next stage evolution — MySwarm.

Welcome MySwarm

MySwarm is built by the community, but belongs to no one, the code is open sourced from day one, the application open permissionless and with no restriction to desired use case. No request for funds is being made by the community development team and no compensation has ever been granted to facilitate this. Swarm has given us that great journey and we wish to continue that alongside you together — this is one of the missing pieces we felt we could address as long standing community members.

MySwarm’s intended function is for the creation of digital tokens, with the ability to add control layers to adhere to securities regulations, it is up to the users to decide what type of project they are creating here and ensure compliance to regulations around raising funds or securities laws applicable. MySwarm is a no code application, users do not need to understand one line of code here to manage all functions.

Powerful tokenization toolkit

MySwarm allows for seamless tokenization, in fact ONE CLICK deployment of all associated contracts with optimised gas parameters. Users can add and update KYA on IPFS (know your asset) manage token holders and transfers (whitelisting and greylisting) run fundraising events globally (host domain embeddable widget for fundraising across multiple websites), affiliate code with % distribution/claim from raise, wallet function for contributors, dashboard for tokenomics with purchase of SWM, distributing dividends and more.

All built on SRC20 - Swarm’s own protocol running on Ethereum.

Check it out! MySwarm

Oh and there is ZERO fee cost to deploy fundraisers, the small % fee on the back end, if the raise targets are met - all goes back to: Swarm Treasury (20%) sustaining development and rewarding the Swarm community (80%) who stake or provide liquidity on Swarm staking app. Which is now over $6m in TVL.

Additionally we also deployed a MySwarm Kovan (Ethereum testnet) version for people to play about with and test functions before they go to mainnet deployments. Users can also browse the Gitbook for info and or stop by our Telegram — our good Swarm community will help explain, these guys are seasoned veterans of tokenization and there are many digital assets issuers also among the community to bounce off.

Have fun and get creative with the new MySwarm app.

Powered by Swarm