Swan Chain is set to launch its Token Generation Event (TGE) on December 16 at 11 PM Beijing time. The project, which has a current market valuation of $400 million, has attracted significant investment from Binance, Filecoin, and the Ethereum OP Foundation. Swan Chain operates in the AI and Decentralized Physical Infrastructure Networks (DePIN) sector and aims to address challenges in AI computing, storage, and data privacy, boasting a cost reduction of up to 70% in computing resource expenses. Compared to similar projects, Swan Chain's market cap is notably lower than that of Aethir, valued at $3 billion, and Akash, valued at $1.65 billion, indicating substantial growth potential. The project has been in development for four years and currently has over 700 nodes globally.