Swash DAO Ignition now live! Be in to win $300K and join the DAO🚀
Buckle up. You’re about to meet the biggest DAO campaign of 2022.
🧬 Swash DAO: Data Unions and DAOs unite
DAOs enable communities to take an active role in the future of the projects they support, bringing collective decision-making to the forefront of Web 3.
As the world’s largest Data Union, Swash is actively looking for new ways to bring power to the community. Data Unions empower people to regain agency over their digital footprint through innovative data ownership solutions.
As two sides of the same coin, Data Unions and DAOs enable individuals to come together as a collective and work towards a common goal that operates in the interest of the masses.
The DAO Ignition campaign is here to kickstart the Swash DAO. By doing so, it will bring Swash closer to decentralisation by enabling Swash token holders to take more ownership over the future direction of the movement and to attract the most people to join the DAO from day one.
By entering, you can try your chance to win the 300K USDT prize, trigger Swash to burn tokens, and become an Early Bird Swash DAO member!
🛠 How it works
The campaign will begin on February 15 2022 and will be live for one year, until February 15 2023. Its purpose is to kickstart the Swash DAO and to boost $SWASH token adoption across all chains — currently Ethereum, Gnosis Chain (xDai) and Polygon.
For every person who qualifies, Swash will add 20 USDT to the prize amount until reaching a cap of 300K USDT. One lucky winner will take home the grand prize, and all participants will automatically be considered DAO early bird members! The strongest and longest holders will be able to run for the DAO Steering Committee.
As part of the Swash Smoke token burn campaign, Swash will burn 10% of the monthly average of the amount held by the community for the duration of the DAO campaign until burning a max of 5M $SWASH.
Additionally, If the prize reaches 300K USDT, Swash will also make a donation of 100K USDT to charity as part of the Data for Good program.
At the end of the campaign, the DAO will be live, the winner of the 300K USDT prize will be selected, Swash will have burnt 5M tokens, and made a donation to charity!
💎 The magic of network effect
Even if you don’t win the grand prize, you can still benefit as a $SWASH holder and community member.
As more people join, the prize total will increase and more $SWASH will be burnt! The DAO Ignition campaign will not only spread the word about Swash and Data Unions, but it will also encourage user and token adoption and enable early access to the Swash DAO.
Invite your friends and spread the word to grow the prize amount and get Swash to burn more tokens 🔥
Entering the campaign is easy. Simply follow the steps below, fill in this form to register, and hold a minimum of 5000 Swash tokens in your registered wallet for a minimum of 60 days while the campaign is live.
🎁 Prizes up for grabs
By entering, you can:
- Be in to win the grand prize of up to 300K USDT
- Trigger Swash to burn up to 5M $SWASH
- Become a DAO Early Bird member
- Trigger Swash to donate 100K USDT to charity
- Be part of Swash reaching the top 200 tokens this year
❓How to participate
- Hold a minimum of 100 $SWASH on your non-exchange Ethereum, Polygon, or Gnosis Chain (xDai) wallet (e.g. Metamask or Trust Wallet). This is to make sure that only genuine Swash holders are taking part in the campaign. Do not use your Swash app wallet address to participate!
- Follow Swash on Twitter and tweet the wallet address you want to use to participate with the hashtags #Swash, $SWASH, and #SwashDAO from your Twitter account.
- Register and connect your wallet, then complete the necessary actions listed on this form to sign up.
- After registering, to qualify for a chance to win the prize, hold a minimum of 5000 Swash tokens for at least 60 days in total during the course of the campaign (live from February 15 2022 until February 15 2023).
These do not necessarily have to be consecutive days but they do have to amount to at least 60 days in total while the campaign is live.
Diamond hands can increase their chances of winning by holding for up to 90 days.
- Invite your friends and spread the word to increase the prize to 300K USDT while triggering Swash to burn more tokens.
10% of the monthly average of the amount held by the community for the duration of the DAO campaign will be burnt by Swash as part of the Swash Smoke token burn mechanics.
- You can track the campaign and the status of your wallet at any time while DAO Ignition is live by visiting this page.
❗️ Swash contract addresses:
>> Watch out for scams! <<
Here are the official Swash contract addresses:
Gnosis Chain (xDai):
💰Understanding the status of your wallet
Once you’ve registered your wallet, you can track its status at any time while the campaign is live.
🔴 Unverified: This wallet is either not registered or is registered but has not completed or has incorrectly completed the necessary actions outlined here
🟠 Verified: This wallet is registered and has taken all actions. However, they have not yet held the minimum number of $SWASH (5000) for the minimum duration required to be qualified (60 days)
🟢 Qualified: This wallet is a Verified user who has held the minimum number of $SWASH (5000) for the minimum duration required to be Qualified (60 days)
🚨 Important points
- Start date: February 15 2022
- End date: February 15 2023
- Hold a minimum of 5000 Swash tokens for at least 60 days
- Complete the actions and register your wallet here
- The program is only available for non-exchange wallets on Ethereum, Polygon, and Gnosis Chain (xDai). Do not use your Swash app wallet address!
- After registering, you can check this page to monitor the status of your wallet
- Only refer to the official DAO Ignition page and official Swash channels. Beware of scams and impersonators!
- Only wallets that register can be qualified to win. If you’re holding $SWASH in exchange wallets or unregistered wallets, you are not eligible.
You can follow the status of the campaign on the website while the campaign is live.
Q: How much do I need to register and qualify for the prize?
A: You need to have 100 $SWASH in your wallet to register but to qualify to win you need to hold 5000 Swash tokens for a total of 60 days while the campaign is live.
Q: How do I know if I’m qualified?
A: You can check your wallet status by pasting it in the ‘Check your wallet’ section of the website.
Q: How does the prize amount increase?
A: With every new person who joins, Swash adds another 20 USDT to the prize total. The more people who enter, the bigger the prize will be and the bigger the Swash DAO will be!
Q: When will the winners be announced?
A: The winners will be announced at the end of the DAO Ignition campaign on Swash’s official channels.
Q: I registered, now what?
A: Now you simply hold the minimum amount of Swash tokens required (5000) for a total of 60 days for your wallet to be Qualified. You can check the status of your wallet at any time while the campaign is running in the ‘Check your wallet’ section of this page.
Q: When does DAO Ignition begin?
A: DAO Ignition starts on February 15 2021 at 6pm UTC.
Q: Do I have to hold my $SWASH for 60 consecutive days?
A: No, you have to hold your $SWASH for 60 days in total over the course of the campaign.
Q: What are the prizes?
A: One lucky person will win the 300K USDT prize, everyone who enters DAO Ignition will become a DAO Early Bird member. Swash holders will also benefit as Swash will burn 10% of the monthly average held by the community (up to 5M $SWASH) and the community can trigger Swash to donate 100K USDT to charity!
Q: How do I increase the prize amount?
A: You can increase the prize by inviting your friends to join the DAO Ignition campaign.
Q: How will the winner be chosen?
A: The winner will be selected transparently and based on a trustless, random selection process that everyone can verify.
Q: Does inviting my friends increase my chance of winning?
A: Inviting friends would not increase your chance of winning (unless you and your friends agree between yourselves that, if one of you wins, the prize is to be shared between you all) but it will increase the prize size for everyone. The more people who join the DAO Ignition program, the bigger the final prize will be until reaching the cap of 300K USDT.
Q: How do I get Swash to burn more tokens?
A: Swash will burn 10% of the monthly average held by the community while the campaign is live. Although you only have to hold your $SWASH for a minimum of 60 days in order to be in for a chance of winning the grand prize, holding for longer will increase the monthly average.
Q: Why is Swash doing this?
A: Swash is a people-powered movement. There are always new avenues to explore to be able to give more back to the community. The main reason for DAO Ignition is to catapult Swash into the top 200 tokens by the end of 2022. By the end of it, the Swash DAO will be live, one winner would have won 300 USDT, up to 5M tokens will be burnt, and Swash will make a huge donation to charity!
Q: How do I increase my chance of winning?
A: You can increase your chance of winning by holding your Swash tokens for 90 days, rather than the minimum of 60 days only.
Q: Which wallet should I use?
A: You should use a non-exchange Ethereum, Polygon, or Gnosis Chain (xDai) wallet. Do not use your Swash app wallet address to participate! Simply connect your wallet here.
Q: What is a DAO?
A: Decentralised Autonomous Organisations (DAO) enable communities to take an active role in the future of the projects they support, bringing collective decision-making to the forefront of Web 3.
Q: How long will the DAO Ignition campaign be live?
A: The Swash DAO Ignition campaign will be live for exactly one year — from February 15 2022 until February 15 2023.
Q: What are the Swash contract addresses?
A: Here are the official Swash contract addresses:
Gnosis Chain (xDai):
Q: My wallet status is Unverified. What does it mean?
A: If your wallet’s status is Unverified, it means your wallet is either not registered or is registered but has not completed or has incorrectly completed the necessary actions outlined here.
Q: My wallet status is Verified. What does it mean?
A: If your wallet is registered and has taken all actions but has not yet held the minimum number of $SWASH (5000) for the minimum duration required to be qualified (60 days), then it is considered Verified.
Q: My wallet status is Qualified. What does it mean?
A: If your wallet’s status is Qualified, then it means you are a Verified user who has held the minimum number of $SWASH (5000) for the minimum duration required to be Qualified (60 days).
These will be updated while the campaign is live. If you can’t find the answer to your question here, reach out directly on Telegram!
At Swash, if it’s your data, it’s your income.
Swash is an ecosystem of tools and services that enable people, businesses, and developers to unlock the latent value of data by pooling, securely sharing, and monetising its value.
- People share their data to earn while retaining their privacy.
- Businesses access high-quality, zero-party data in a sustainable and compliant way.
- Developers set up and build systems within a collaborative development framework with ease.
As the world’s leading Data Union, Swash is reimagining data ownership by enabling all actors of the data economy to earn, access, build and collaborate in a liquid digital ecosystem for data.
Join the biggest data movement in Web 3:
Nothing herein should be viewed as legal, tax or financial advice and you are strongly advised to obtain independent legal, tax or financial advice prior to buying, holding or using digital assets, or using any financial or other services and products. There are significant risks associated with digital assets and dealing in such instruments can incur substantial risks, including the risk of financial loss. Digital assets are by their nature highly volatile and you should be aware that the risk of loss in trading, contributing, or holding digital assets can be substantial.
Reminder: Be aware of phishing sites and always make sure you are visiting the official https://swashapp.io website. Swash will never ask you for confidential information such as passwords, private keys, seed phrases, or secret codes. You should store this information privately and securely and report any suspicious activity.
Originally published at https://swashapp.io on February 15, 2022.