SwapX is a decentralized application (Dapp) that works as a launchpad platform for digital assets. This launchpad platform is secured by the Binance Smart Chain and allows anyone to create and launch tokens, NFTs, and presale smart contracts.

Its whitepaper suggests that the crypto universe doesn't have enough resources for the general people. Hence people don't get the most out of blockchain technology while creating their digital assets. Energy inefficiency and high fees of blockchain platforms also make tokens expensive and hard to get. SwapX seeks to solve the issue by providing complete ownership and transparency on token creation and deployment of smart contracts.

SwapX users don't need any technical expertise to create and launch tokens on the platform. With the state-of-the-art applications that access SwapX protocols, SwapX enables its users to launch their token through presale. The presale feature allows token creators to opt for private or public sales and provides multiple exchange support.

The platform seeks to attract users through its incentive programs that allow users to create, trade, earn, and stake all at once place. SwapX doesn't even require its users to register with the platform for all that. Some of the highlights of the SwapX platform are as follow:

XWAP is the native governance token of the platform. Token creators can pay the presale fees with XWAP token to get 25 percent off. Token holders get the right to vote on the future of the SwapX protocol. Token holders can also stake their tokens in the protocol to earn more XWAP.

The SwapX team has allocated 40 percent of the initial supply to the liquidity pool. The rest of the 60 percent is allocated in this manner - 28 percent to liquidity reserve, 20 percent to the presale, 3 percent to the core team, 4 percent to marketing, and 5 percent to project development.

SwapX launched XWAP in December 2021. The whitepaper was released in August 2021. The total supply of the SwapX token is 100,000,000 XWAP.