In essence, Swarm City (SWTI) is another project that tries to combine social media and cryptocurrency on the blockchain. To that end, Swarm City is offering a blockchain-based marketplace with a built-in reputation system.

The hope is that users will communicate and transact without third-party obstruction. In other words, Swarm City is yet another attempt to kill the middleman and place the consumers in charge of a decentralized marketplace.

In fact, Swarm City aims to enable anybody to create a decentralized marketplace known as a “hashtag.” Plus, users…