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What Will SW DAO Accomplish in H1 2022? Polygon, BSC & Mobile App Up Next
SW DAO has set a goal for the first half of the year to focus on implementing some of their main strategies, starting with Polygon and BSC integration, tokenized investment techniques, and the mobile app’s launch. The new year has just begun, and looking at 2021’s dynamic, the project is bound to evolve even more. ... Read more
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SW DAO has set a goal for the first half of the year to focus on implementing some of their main strategies, starting with Polygon and BSC integration, tokenized investment techniques, and the mobile app’s launch.
The new year has just begun, and looking at 2021’s dynamic, the project is bound to evolve even more. For example, in Q4 of 2021, SW DAO issued $75,000 in dividends to token holders while making a $600,000 profit for the MarketPeak community.
What is the SW DAO’s primary priority right now?
SW DAO will begin the year with aggressive TVL growth for its tokenized assets, a larger governance community base, a stronger move toward a decentralized corporate structure, and continued market outperformance through its top-ranked trading strategies to ensure a solid start.
They want to start implementing some of the applications planned for this year in the first two months and their attention will mainly go to:
Polygon Development
The transaction process on ETH can be costly and create an affordability barrier. So, SW DAO is moving to Ethereum Layer 2 solutions, giving the platform quick and low transaction fees for all of its products and services but surrendering part of Ethereum’s decentralization. In this approach, both the consumer and the platform stand to benefit.
BSC Development
Prefer speed and cost over decentralization? No issues because SW DAO will connect their products and services to Binance Smart Chain, expanding their user base beyond the current ETH user base. This method will raise their TVL and community growth by making it easier for customers to access their tokenized products.
Tokenized Investment Strategies
Their Automated Investment Strategies, which are now centralized on StackedInvest, will become decentralized via TokenSets. They will first release their Original SW DAO ETH/BTC and Quantum Momentum ETH/BTC strategies. Over the last year, Quantum Momentum ETH has returned by 830%, while SW DAO ETH has grown by 780% since its introduction on March 31st.
Bringing these techniques to the public in a decentralized, tokenized manner implies that every investor with access to top public blockchains will be able to access Wall Street-grade assets while maintaining their self-custody. Through management, performance fees, and market-making the communities’ investment in these strategies will enhance the size of the SWD dividend pool and treasury fund.
Deployment of the Mobile App
Even though it will take place between Q2 and Q3, this will be the largest investment for the year. The creation of a sleek, user-friendly Web3 application holds all of the tokenized products and services they provide to anybody who has access to the Apple App Store or Google Play store. This smartphone app seeks to be the only application a user needs to manage their crypto finances.
What else is on their plan for this year?
But that’s not all; the implementations mentioned above will only occur in the first half of 2022. The platform plans to leverage its performance track record among various passive income and investment communities by spending treasury capital on paid advertising.
They will bring onboard Key Opinion Leaders and leading social media content creators who share the same passion for helping the retail investing community as they do.
They also plan to implement dApp 2.0, DeFi momentum index, SWD Launchpad offering, Yield Fund product partnership, Algo Execution Engine, marketing campaigns, working group formation, active trading arm buildout, buy the dip tokens, exchange listings, AVAX other EVM chain deployments, Solana/Luna Development, DEX options market, and OTC Desk.
Check their website to see what’s new and remain up to date on their progress.
Sponsored
This is a sponsored article. Opinions expressed are those of the sponsor and readers should conduct their own due diligence before taking any decision based on information presented in this article.
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