SwiftCash(SWIFT) Short Intro - With SWIFT Giveaway

SwiftCash is an open-source, self-funded system of decentralized governance and economy born out of a desire to create a digital store of value with a consistent and stable growth model, as well as a peer-to-peer cryptocurrency for daily transactional use. SwiftCash uses the revolutionary Proof-of-Stake algorithm to reach consensus and allows up to 70% of future block rewards to be spent on proposals that are embraced by the community — stakeholders. Therefore, 30% of maximum monthly inflation goes directly to stakeholders who help secure the network, and whether the rest is mined or how it’s spent will also be decided by the stakeholders.

SwiftCash has a unique initial distribution and inflation. Initial distribution was less than 2% of the maximum supply which was airdrops on most SmartCash addresses - details can be found in the whitepaper. With inflation, it takes 20 years for block rewards to halve for the first time and second halving will take an additional 40 years. Unlike traditional cryptocurrencies such as bitcoin and litecoin, this halving occurs gradually and slowly rather than suddenly, stripping the markets from pump and dump opportunities, and therefore providing the holders with a consistent and stable growth model.

SwiftRewards is the other idea that is intended to help us with a consistent and stable growth model, by airdropping holders in bear markets. Up to 10% of future block rewards can be given to holders in case the price depreciates. These airdrops will happen based on 1 month, 3 months, 6 months and 12 months snapshots; as a result, those who hold longer will be rewarded more, in case price depreciates. If you make videos about SwiftCash(SWIFT), feel free to use the following video as your intro.

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