Swaap

Swaap

Introducing
Since it was first launched, cryptocurrency has undergone significant development to this day. Satoshi Nakamoto, the creator of Bitcoin which is the most popular cryptocurrency today, believes that cryptocurrency will be the payment of the future. This is evident from the increasing number of people who are starting to use cryptocurrency at this time. Cryptocurrency is considered better than traditional payment systems. By using cryptocurrency, it allows people to be able to make transactions safely, without third parties, without borders, faster, and anonymously. Moreover, cryptocurrency is considered as a short-term or long-term investment instrument that can provide profit to its holders. This is the reason why many people have started using cryptocurrency.


Talking about cryptocurrency adoption, maybe you will be interested in this one platform. This is a platform that provides a blockchain payment system, which allows users to transact with anyone globally. This is a Swaap - a platform that allows users to pay and receive from anyone, anywhere, at any time, with seamless liquidity in fiat currency.


What is Swaap?
A trusted global cryptographic currency would allow financial transactions to be settled among companies and individuals across the board, on a secure, rapid, and cost-efficient way, without going through a financial institution and eliminating any need for currency exchange among transactions taking place between different jurisdictions. Direct and unbiased processing of these transactions by the blockchain is part of proposed solution, but the main benefit is the accessing of liquidity in different local currencies, through our liquidity pool, where users will be able to redeem their Swaap Tokens (SAP) in fiat currency at any time, and have their funds deposited directly in their bank accounts. The liquidity pool will work as a currency basket where all funds will be secured and locked away until a user decides to redeem it. We intend to make this process transparent and trustful, with procedures being validated in the blockchain and regular independent audits being conducted, with all this information made available to the public, always. Having a multi-currency and multi-asset cryptographic currency also comes makes it less susceptible to volatility, with the liquidity pool balancing itself even in case of severe devaluation or debasement of an individual currency or asset class.


Swaap is an universal blockchain payment system, that can be used by anyone, anywhere. It is free to use, open source and decentralized. Swaap tokens - or SAP - are backed by a range of assets, cash and cash equivalents and this ensures that will be always available liquidity for you to convert your tokens in fiat currency when you need it.


Our project aims to create a truly universal payment system using blockchain technology. We endeavor to offer a wide range of solutions to enable companies and individuals to do business globally.


How Can We Help?

For Businesses

  • Accept Swaap as a form of payment and expand your business to the gloal market
  • Substantially reduce your operational costs by not using legacy financial institutions
  • You can further spend you earned Swaaps to buy goods and services from other vendors

For Individuals & Traders

  • Redeploy your tokens easily between different exchanges
  • Reliable access to liquidity in fiat or stablecoins, whenever you need
  • Custody your own funds and secure true ownership and reduced custodial risk

For Financial Institutions

  • Use our digital token to get exposure to the crypto space, safely
  • Reduce your operational costs by bypassing the use of legacy custodian companies
  • Settle your transactions in seconds, to anyone, anywhere and with very low costs


Swaap Features

Swaap is a pure blockchain payment system that allows transactions to be processed quickly, securely, and transparently. Swaap can be used by anyone, anywhere without restrictions, because the goal of Swaap is to become a "global payment network" by utilizing blockchain technology. Following are the features provided by Swaap;

  • Make it easy for businesses to be able to accept payments from anyone around the world.
  • Helping businesses to reduce their operational costs by not using banking or other financial institutions.
  • Allows businesses to be able to use the Swaaps they earn to buy goods and services from other vendors.
  • Make it easier for individuals to redeploy their tokens between different exchanges.
  • Traders can get reliable access to fiat liquidity or stablecoins.
  • Individuals can custody their funds and secure actual ownership.
  • Enable financial institutions to enter the crypto world using Self-sustaining tokens.
  • Reduce operational costs for financial institutions, because they do not need to use traditional custodial firms.
  • Can settle transactions quickly with low fees.


Swaap Token

Swaap launched two tokens, namely SAP and SAPX, which have their respective functions. SAP will function as the main token, while SAPX is a mirrored exchangeable token, which will maintain liquidity. Swaap also plans to launch token governance, which will allow users to participate in the decision-making process.

  • Name: Swaap
  • Ticker: SAP
  • Decimals: 4
  • Initial Issuance (non-circulating): 2,000,000,000 (2b)


Team

Meet the ones making it all possible.

Paulo Baronceli: Founder

Luis Baronceli: CFO

Amrit Mirchandani: Marketing Manager

Samuel Osuala: Community Manager

Goin Merry: Bounty Manager



Author: Deasy Priscilla

My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2852214

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