Swarm Network $TRUTH will launch on Binance Alpha at 8 PM tonight, and the contracts will go live at 8:30 PM. Below are the insights from the medical experts:
1️⃣ Data Performance
Testnet Data: During the testing phase, Swarm Network has processed millions of on-chain claim verifications and sold over 10,000 proxy licenses.
Application Data: Its fact-checking application 'Rollup News' has engaged over 100,000 users and verified over 3 million social media posts.
2️⃣ Financing and Investor Details
Total Financing Amount: $13 million. ROOTDATA states it's 16M, see the chart below.
Financing Composition: Includes $3 million in seed round funding led by y2z Ventures and ZeroStage, as well as $10 million raised through the public sale of proxy license NFTs.
Main investors: the lead investors are y2z Ventures and ZeroStage (ZS). Other investors include Sui Foundation, Ghaf Capital Partners, and Brinc.
3️⃣ Airdrop Situation, Token Distribution
Historical airdrop: The project airdropped tokens to community participants through activities like 'Rollup Season' in its early stages.
Binance Alpha airdrop: Started on October 1 at 12:00 (UTC), airdropping 200 million TRUTH (2% of total supply), eligible users can claim within 24 hours using Binance Alpha points.
4️⃣ Positive Factors
Strong exchange support: The token is simultaneously listed on Binance's Alpha platform and contract platform, receiving endorsements from top exchanges, providing ample liquidity.
Clear application scenarios: The project addresses the pain point of misinformation, with clear application scenarios, including social media fact-checking and providing reliable data for AI.
Innovative technology model: Combines AI agents, human validators, and zero-knowledge proofs to build a unique multi-tiered validation system, aiming to turn 'trustworthy' into public infrastructure.
Experienced team: The core team comes from the successful AI agent project Delysium, with mature technological accumulation and operational experience in AI and blockchain fields.
5️⃣ Negative Factors
Concept unverified: Using blockchain and AI to combat misinformation is an emerging field, and the large-scale applicability and effectiveness of this model still require time and market testing.
Facing significant challenges: The project aims to challenge the existing internet content ecosystem, directly competing with social media giants and traditional information channels, making community adoption very difficult.
Token economic model details not fully disclosed: Industry analysis points out that the complete details of the token economic model (such as governance parameters and validator reward rules) have not been fully disclosed, and its sustainability remains to be observed.
6️⃣ Summary by the Medic
Total supply: 10 billion.
Initial circulation: 20.85% (i.e., 2.085 billion).
Because there is no price, FDV cannot be calculated.
This project is not very well-known, with little data on RootData, not even a pre-market price, coupled with a large total supply and initial circulation, the estimate for the market cap is not significant.
However, large market caps often come unexpectedly; I will continue to observe.
Ultimately, the size of the market cap depends on how many Binance gives!
7️⃣ Pre-market price market performance
A third-party analysis article provided price predictions, indicating that in the early listing phase, TRUTH tokens might start between $0.08 and $0.12, but this is merely market analysis and predictions, not actual trading data; please refer to it cautiously.
8️⃣ Information Sources
Project white paper, official Twitter, TheNewsCrypto, HackerNoon, CoinGlass, Sina Finance, AIcoin, etc.
Risk warning: All the above materials come from publicly available internet data and do not constitute any investment advice, DYOR!
#truth#SwarmNetwork 
