Review on Swarm City by Toprak Dere
About Swarm City
Swarm City's primary goal is to decentralize commerce by eliminating middlemen and making the process safe. Swarm City is trying to get everyone to build their own AirBnB and Uber.
The technology at the heart of Swarm City is based on Smart Contracts, which means that even Swarm City cannot interfere between a transaction.
There is also a web wallet on Swarm City's official website that you can use to convert your Arcade City tokens to Swarm City Tokens or to store your own Swarm City Tokens.
Swarm City allows anyone to start their own brand without the intervention of any third party.
Pros
- If Swarm City reaches its destination, we can soon see that every person has their own Uber and AirBnB without intermediaries.
- e-commerce systems have helped significantly to eliminate the transparency gap between buyers and sellers by offering a virtual marketplace that authenticates each side. However, the above systems are installed on a central system and controlled by a single identity. This creates many problems in society: Swarm is trying to solve this problem.
Cons
- the project should be developed and promoted more
