1. What is SWTH?

Switcheo (SWTH) is a decentralized exchange based on the NEO platform that allows for trustless swapping of NEP-5 tokens. The main features of the platform include:

1. Decentralized Trading: Switcheo allows users to perform trustless swaps of NEP-5 tokens on the NEO platform, meaning users do not need to entrust their assets to a third party.
2. Cross-Chain Trading: Switcheo plans to expand to other cross-chain tokens, enabling asset swaps between different blockchains.
3. Instant Swaps: Users can instantly swap NEP-5 tokens using NEO and GAS, enhancing trading efficiency.

In summary, Switcheo aims to provide a secure, decentralized trading environment for users to trade tokens.

2. Who founded SWTH?

According to the provided information, SWTH (Switcheo) is a token based on the NEO platform, but it does not explicitly mention who the founder is. The information primarily describes the features and characteristics of SWTH, such as being the first decentralized exchange on NEO that allows for trustless swapping of NEP-5 tokens. No specific information about the founder of SWTH was found.

Note: The founder of SWT coin is Li Zhichai, but SWT and SWTH are different tokens.

3. Which venture capitalists invested in SWTH?

Based on the provided search results, no direct investment information related to the token “SWTH” was found. These results mainly discuss the early development of Ethereum and funding situations of other crypto projects, such as Axie Infinity and OpenSea, but do not mention investment information for “SWTH.”

If you need specific investment information regarding “SWTH,” it is recommended to try using more specific keywords or visit relevant token news websites and forums.

4. How does SWTH operate?

Operation Principles of SWTH Tokens

SWTH tokens, as a type of digital currency, operate similarly to other tokens, primarily based on blockchain technology. Here are the basic operational principles:

1. Decentralization: SWTH tokens are not controlled by any central authority or government, but are instead managed and recorded through a distributed network.

2. Blockchain Technology: SWTH tokens use blockchain technology to record all transactions. Blockchain is a distributed public ledger that records all transactions and ensures their security and transparency.

3. Cryptography: SWTH tokens utilize cryptographic techniques to secure transactions and control the creation of new units. This technology ensures the security and anonymity of transactions.

4. Transaction Process: When users engage in a SWTH transaction, the transaction information is recorded in blocks and verified through cryptographic techniques. These blocks are linked together to form a blockchain, ensuring the immutability of transactions.

5. Farm; Mine: The units of SWTH tokens are created through the Farm; Mine process. Farmers and miners use computer power to solve complex mathematical problems, thereby validating transactions and creating new blocks.

6. Exchanges: Users can buy and sell SWTH through token exchanges. These exchanges provide a platform for users to trade using fiat currency or other tokens.

In conclusion, the operational principles of SWTH tokens are based on blockchain technology, cryptography, and decentralized management methods, ensuring their security, transparency, and anonymity.