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Swix DAO: Disrupting Global Property Markets

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Via Medium

Swix DAO: Disrupting Global Property Markets

Swix is a community-led property ecosystem which enables you to earn from the movement of people as they explore uniquely curated properties and experiences around the world. The Swix protocol…

Introducing Swix DAO

Swix is a community-led property ecosystem which enables you to earn from the movement of people as they explore uniquely curated properties and experiences around the world.

The Swix protocol upgrades the global property marketplace by solving these critical problems: quality, efficiency, incentive and immersion.

On delivery of its objectives, Swix aims to become a disruptor of both secondary and principal home ownership, and set a new precedent for an algorithmic digital currency backed by real world property.

Swix property users receive exposure to our native on-chain governance token — the SWIX token. Owning and staking SWIX, allows community members to generate value by having a share in the global property rental market.

How Does Swix Earn From the Movement of People?

Swix introduces a new way to earn from people’s usage of property. Leveraging an on-chain value management model, Swix is able to accumulate treasury wealth from the revenue generated by property rentals.

To achieve this, Swix integrates a bonding mechanism behind platform payments, backing each newly minted SWIX token with at least 1$ of Risk-Free-Value, consisting of reserve assets and Protocol-Owned-Liquidity, as well as revenues generated by real world operations, such as rentals and experience sales.

Swix users will receive:

  • Best-in-Class properties located within the most desirable neighbourhoods around the world and controlled for quality.
  • Uniquely curated experiences in every location to enhance your stay; personalised for every guest.
  • SWIX Native Rate, significantly discounted from the market rate and only accessible to users who select the SWIX token as their method of payment.
  • SWIX Tokenback Reward for bonding participants, paid to them in SWIX tokens on completion of their stay or experience.

Swix Brings the Market On-chain

A core element of the Swix Ecosystem is the acceleration of the property lease value, which is a product of the revenues generated through the property rentals and experience sales.

To harness this, Swix DAO will develop a standardised bridging mechanism to bring the lease agreements on-chain in order to tokenise their value. Once bridged, the Lease Agreements will be locked in the Swix DAO treasury. As more and more Leases are locked, the intrinsic value of SWIX tokens will rise.

A Decentralized Community with Experience

Drawing from more than 30 years of experience across global property markets, the Swix DAO utilises a battle-tested property rental model, allowing for the first time ever, a decentralized community to actually contribute to the creation and offering of superior quality property rental services and experiences.

Join our Discord and become an early contributor.