Convert Sway Protocol SWAY to Solar SXP

Sway Social is the first social protocol for Metacreators that uses NFTs to translate social capital into an asset class. This allows anyone to monetize their Metaverse on their terms. Every building block in Metaverse — game item, avatar, collectible, social media post, land title, etc. — is an NFT. Behind every NFT creator is a community that establishes the value of creator's social capital. In traditional Web 2 social media platforms, the number of ‘Likes’ or ‘Followers’ is directly correlated to their earnings power. Creator is primarily valued by the number of followers he can engage with. Sway introduces a web3 equivalent model where social capital is translated into an asset class. Instead of ‘following‘ a creator, participants can stake with their creator pool. Value is established based on the pool participation TVL. Stakeholders are providing a social underwriting facility for creators through a subDAO.

Solar is a Layer 1 blockchain network secured by 53 Block Producers through Delegated Proof of Stake (DPoS) consensus, with SXP as its native utility coin. The network's security and governance are maintained through a system where coin holders can participate by voting for Block Producers. As an open, community-driven ecosystem, Solar enables collaboration between Block Producers and coin holders, fostering continuous development and enhancing the network's infrastructure. To bridge blockchain technology with traditional business needs, Solar Enterprises, established through funding from the Solar Blockchain Foundation, focuses on developing these consumer-oriented products and services. Current development includes an innovative crypto-first e-SIM solution aimed at international travellers.