NEAR Protocol vs Swarm
What problem does this service solve?
| NEAR's goal is to serve as an open source platform that will accelerate the development of decentralized applications | Swarm's tokenization platform allows users to create tokens that represent ownership of part of an asset, secure rights to any revenue streams from that asset, and trade these tokens in a compliant manner. |
Token Stats
Company Description
NEAR Protocol is a decentralized application platform designed to make DApps operable on the web. The NEAR network uses a Proof of Stake consensus mechanism called Nightshade. The NEAR utility token is used for processing transactions and storing data, as well as for facilitating voting for governance issues. | Swarm is building a tokenization platform designed to leverage the benefits of blockchain to make it easier to fund and govern a variety of large real world projects. They hope to make it easier to tokenize real world assets, and make them available as investment opportunities. Swarm is also developing the SRC-20 protocol, which will define a common set of rules that a security token must follow, and will give users the ability to create DApps that follow these accepted properties. Swarm is powered by the SWM token. |
