Swarm Network is a blockchain-based project positioning itself as the world's first privacy-preserving oracle layer, operated by collective intelligence and powered by its native token $TRUTH. It aims to unlock inaccessible real-world data for Web3 applications by converting private, arbitrary data into verifiable on-chain logic in real-time, without exposing sensitive information. This addresses the limitations of traditional oracles, such as privacy risks and scalability issues, by utilizing AI agent collectives, zero-knowledge proofs, and decentralized governance to verify truths, combat misinformation, and enable use cases like event-driven DeFi, prediction markets, insurance, and identity solutions.
Founding team and vision
Swarm Network was founded by Yannick Myson, who has articulated the vision of using AI swarms (Swarm Intelligence) to combat misinformation in public forums 3. The core philosophy of the team is 'Atomic Claims,' which aims to achieve precise automated verification by breaking down complex narratives into the smallest verifiable units.
The project clarified its deep integration with the Sui ecosystem early in its development phase. Unlike many projects opting for Ethereum Layer 2, the Swarm team believes that only high-performance parallel public chains can support the high-frequency interaction demands of AI agents 2.
Financing history and capital backing
The capitalization process of Swarm Network is primarily focused on 2025.
Seed round financing (January 2025):
Amount: $3 million.
Lead investors: ZeroStage and Y2Z Ventures.
Investment logic: Investors value its potential as a 'decentralized AI agent swarm' infrastructure, especially its ability to anchor real data in the Web3 ecosystem 2.
Background note: Y2Z Ventures has previously invested in well-known Web3 projects such as Mask Network, Near, and Polygon, which brings certain industry resources and endorsements to Swarm Network.
Subsequent fundraising:
As of the end of 2025, reports indicate that the project raised a total of $13 million 6 through the sale of NFT node licenses (Agent Licenses) and other ecosystem funds. This method of financing through the sale of 'means of production' (node operation rights) is a common community cold-start strategy for DePIN projects.
Key milestones include:
December 2024: Launch of the Truth Protocol declaration and the initial framework for AI agents to autonomously verify truths.
January 2025: Roadmap activation, focusing on user-owned agents and collective intelligence synchronization. Activation of 3,000 agent licenses, emphasizing sovereign AI ownership.
March-April 2025: Introduction of groups and clusters as a decentralized AI framework; collaboration with io.net for AI inference and with DePINed for infrastructure; comprehensive analysis of multi-agent collaboration.
June-July 2025: Integration with Talus Network for autonomous AI economy; launch of agent license leasing buyback program on July 10; Aristotle v2.0 update for logical analysis; development of Agentic Neural Network with Walrus Protocol for on-chain verifiable AI.
August 2025: Launch of Swarm ALPHA V1, introducing a decentralized deliberative prediction market driven by AI and collective human intelligence. Expanding the partner ecosystem for decentralized storage and AI economy.
November-December 2025: $TRUTH token listed on Binance (Alpha and futures on October 1); first-day 24-hour trading volume of perpetual contracts exceeds $1.2 billion, spot trading exceeds $30 million; participants qualify for short-selling; privacy emphasized in the upcoming tax season.
$TRUTH token is launched with a focus on incentivizing the verification economy, quickly adopted for no-code AI tools to build agent clusters.
Core technologies and features
At its core is the Truth Protocol, which facilitates an incentivized verification economy using decentralized AI agent groups. Key elements:
Multi-agent collaboration framework: Connected AI agents and humans for scalable, transparent decision-making; superior to single-purpose agents due to autonomy, coordination, and evolution.
Privacy protection mechanism: Zero-knowledge proofs and secure agent judges ensure data privacy while maintaining transparency; human bottlenecks are avoided through distributed agents.
Real-time data processing: Supports streams, event-triggered interactions, unstructured data interpretation, and consensus verification of truth.
Integration and tools: Collaborations with io.net, Talus Network, Walrus Protocol, etc., for AI inference, autonomous economy, and verifiable storage; no-code builders for agent clusters.
Token utility: $TRUTH drives the ecosystem, including agent operations, validation incentives, and governance.
Cognitive crisis of the post-truth era in the macro context
The double-edged sword effect of generative AI
The digital content ecosystem in 2025 is at a critical juncture. With the exponential decline in costs for large language models (LLMs), the internet is flooded with AI-generated synthetic media. This phenomenon has led to two core issues:
Information entropy increase: Real information is drowned out by massive low-cost generated noise, and traditional centralized review mechanisms (such as Facebook's review teams or Snopes) fail due to high human labor costs.
AI hallucination: Even well-intentioned AI models often produce seemingly reasonable but actually erroneous content due to biases in training data.
The emergence of Swarm Network is precisely to address this 'cognitive security' challenge. It proposes a blockchain-based solution: transforming 'truth' from a philosophical concept into a verifiable, quantifiable digital asset.
The necessity of decentralized verification
In traditional Web2 architectures, truth is defined by platform providers (e.g., Twitter's Community Notes or government regulations). However, this centralized power poses single points of failure and censorship risks. One of the core narratives of Web3 is 'Permissionless Trust.' Swarm Network attempts to build a decentralized truth market through **Multi-Agent Collaboration**:
Decentralization: No single node can alter verification results.
Anti-censorship: The verification process and evidence chain are permanently recorded on the Sui blockchain.
Economic game theoryThrough the staking and forfeiture mechanisms of the $TRUTH token, 'telling the truth' becomes economically profitable, while 'spreading rumors' faces asset loss.
