Swash
SWASH
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
SWASH (Swash) exhibits significant systemic weakness across development, community engagement, and market metrics. Active development has largely stalled with no shipping evidence or repository maintenance recorded between 2024 and 2026. The community and holder base remain inactive, and trading liquidity is exceptionally thin with daily volumes often below $1,500 and a market capitalization under $500K, marking a >98% drawdown from its initial offering. On the positive side, the token has a transparent fixed supply with ~99.5% circulating, a verified CertiK audit from 2021, and an established legal corporate identity with past institutional backing ($14.5M raised). No security exploits, rug pulls, or regulatory enforcement actions were identified. However, the lack of ongoing maintenance and minimal market traction make the project highly illiquid and dormant.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Swash (SWASH)
Swash (SWASH) is a data-monetization browser extension and token project founded in Helsinki in 2019. The platform is designed to allow internet users to capture value from their browsing data. Operating as an ERC-20 token, SWASH is deployed across multiple blockchain networks, including Ethereum, Gnosis, Polygon, and BNB Smart Chain. The token was created to serve several ecosystem functions, including rewarding users for data sharing, facilitating data purchases, and enabling decentralized governance.
The project was established under the leadership of CEO Reza Naeeni and raised approximately $14.5 million across an initial coin offering and a September 2021 Series A funding round supported by entities such as KuCoin, Outlier Ventures, and Streamr. SWASH has a fixed maximum supply of 1 billion tokens, with approximately 99.5% currently in circulation, and incorporates a token burn program known as Swash Smoke. In August 2021, the project underwent a smart contract audit by CertiK, and it later received accreditation from the Data & Marketing Association (DMA) in January 2023 following an assessment of its data practices.
Swash faces significant market contraction and development inactivity. The token has suffered an unrecovered price crash of over 98% from its initial offering price, bringing its market capitalization below $500,000 alongside thin daily trading volume often under $1,500. Furthermore, active technical development has stalled, with no repository maintenance, public releases, or governance proposals recorded between 2024 and 2026, leaving the project with minimal market liquidity and a dormant community.