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SWAP Price   

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SWAP

Trustswap  

#SWAP

SWAP Price:
$0.20
Volume:
$247.1 K
All Time High:
$5.11
Market Cap:
$19.4 M


Circulating Supply:
95,744,164
Exchanges:
11
Total Supply:
99,995,164
Markets:
15
Max Supply:
Pairs:
7



  SWAP PRICE


The price of #SWAP today is $0.20 USD.

The lowest SWAP price for this period was $0, the highest was $0.203, and the current live price for one SWAP coin is $0.20271.

The all-time high SWAP coin price was $5.11.

Use our custom price calculator to see the hypothetical price of SWAP with market cap of ETH or other crypto coins.


  SWAP OVERVIEW


The code for Trustswap crypto currency is #SWAP.

Trustswap is 2.2 years old.


  SWAP MARKET CAP


The current market capitalization for Trustswap is $19,408,244.

Trustswap is ranked #454 out of all coins, by market cap (and other factors).


  SWAP VOLUME


The trading volume is medium today for #SWAP.

Today's 24-hour trading volume across all exchanges for Trustswap is $247,063.


  SWAP SUPPLY


The circulating supply of SWAP is 95,744,164 coins, which is 96% of the total coin supply.


  SWAP BLOCKCHAIN


SWAP is a token on the Ethereum blockchain, and has digital contracts with 4 other blockchains.

See list of the SWAP Blockchain contracts with 5 different blockchains.


  SWAP EXCHANGES


SWAP is available on several crypto currency exchanges.

View #SWAP trading pairs and crypto exchanges that currently support #SWAP purchase.


  SWAP RELATED


Note that there are multiple coins that share the code #SWAP, and you can view them on our SWAP disambiguation page.


  SWAP RESOURCES


Websitetrustswap.org
Whitepapertrustswap.gitbook.io
Twittertrustswap
Redditr/Trustswap
TelegramTrustSwap
DiscordVN2e4Qz
Mediumtrustswap


  SWAP DEVELOPER NEWS



Jeff Kirdeikis – an Interview with the CEO of AcquireFi Jan Strandberg

Today we have something exciting for the TrustSwap community. In light of the upcoming AcquireFi FlashLaunch on September 24th, TrustSwap CEO Jeff Kirdeikis sat down with the CEO of AcquireFI, Jan Strandberg. It's a very interesting and wide-ranging conversation where both of them discuss AcquireFi and some of the exciting developments with the project and its business model. Highlights of the discussion - Why AcquireFi was started, How it's different from Yield App, Discussion of NFTs and fractionalized assets, On-chain creative uses of NFTs, Investment pools and fractionalized ownership, AcquireFi's comparative advantage over their competitors, AcquireFi's upcoming roadmap, Marketing strategy for deal flow, AcquireFi's upcoming Token utility, and much more. It's an interesting discussion and well worth a watch. Make sure to check out the upcoming AcquireFi FlashLaunch scheduled for September 24th at 5PM UTC on the TrustSwap Dashboard. For those who would rather read through the discussion, you can read the transcript below. Transcript of the TrustSwap and AcquireFi interview Jeff: All right, welcome crypto community. Jeff Kirdeikis here with Jan Strandberg, CEO and co-founder of AcquireFi. Jan, thanks for popping on today. Jan: Hey, thanks Jeff, for having me and thanks TrustSwap for supporting us. Jeff: Fantastic. To kick it off, do you wanna give us a little high level of your background in the crypto space? Jan: Hey, for sure. So, my name is Jan. I've been in crypto from 2011. I did two different well-known startups in crypto. One of them was Paxful, was there for four and a half years, grew it up to more than 4.5 million users, $2 billion in volume. Then I quit after four and a half years. Then I co-founded Yield App. I think the TrustSwap community knows Yield App really well. Was there for two years. Then eight months ago, I quit and started building AcquireFi and now we're here. Jeff: So, you kinda glazed over these huge numbers here, two billion, $500 million, that's a quite significant feat in those times. What did you attribute the successes to to be able to get there? And then secondly, what made you decide to move on to a new venture after that? Jan: Yeah, that's a good question. I think, with Paxful, we were mostly focusing on the third world countries. And we understood Bitcoin really well. We understood like the use cases for BTC, especially in third world countries so that was a huge benefit for us. I think most of our, in the beginning, we had only U.S. people but later on, we had only like people from India, people from Nigeria, people from third world countries where basically the financial system wasn't that great and the only way of, for example, sending money home was through Bitcoin. So that was a way of learning like, hey, this crypto is actually very beneficial in other use cases than just speculation.  So from there on, it was like, all right, what are the other use cases for crypto? Then, we just started like expanding and expanding and later on, like after four and a half years, we had more than 4.5 million users. I think I traveled to more than 50 countries to speak or to organize events and so forth. I learned a lot during that time. Then with Yield App, again, absolutely different customer base. Yield App was mostly focused on institutions, like high-level clients. And that was very learning, you know, like understanding counterparty risks, understanding like hey, how does yielding actually work in DeFI?  And there's a lot of people saying like, hey, if you have a really big DeFI book, like it's very easy like hey, go here, you get 20% APY and so forth. But actually, once you get a bigger and bigger book, it becomes much, much harder to put that assets somewhere that is safe, that is not speculative and that is actually sustainable. So I think one of the reasons Yield App is going really well is because of that. Like we had a very good DeFI team and the second of all, we understood like hey, despite you scale your book, you have to keep your risk level very close. Jeff: That's fair, yeah. Well, one is the risk version and then the second one is I think a problem that Yield Finance ran into is that they just amassed such a huge treasury when they'd start moving their money around to different pools, they'd realize, oh no, the rate, the APY rate of the pool is now significantly less because we have so much more capital in there now. Jan: No, absolutely and keeping it sustainable. Like I think that's very crucial but yeah, like Yield App team is doing fantastic. I'm not involved anymore there day to day or anything else but yeah, team has been going pretty well. And they're still getting more and more AUM despite the bare market which is good. Jeff: Yeah, people looking for somewhere to make money now that they can't make it in a lot of other places. So may as well go for the stable thing and I think Yield App really weathered the storm incredibly well. They were basically one of the only few projects that really did dodge Luna and that entire whole shebang thing. So congrats there for having the right due diligence in place. So jumping right into it then for AcquireFi, what would be the high level elevator pitch on AcquireFi? Jan: Yeah, this is really easy. AcquireFi is a ecosystem where the Web3 founders can exit their startup, where me and you can invest in real world assets and then where institutions, DAOs, and maybe hedge funds can take up these different Web3 solutions or Web3 startups and then they can also invest in this real world assets. So we have two things, basically. We have M&A which is very traditional. And then we have real world assets which is basically crowd funding.  Jeff: And I think the crowd funding aspect is the key element here to be successful because there's a lot of companies that are doing this like putting real world assets on chain but they're very scattered. And I think if you can have a marketplace or a crowdfunding platform where you can gather all these things together, I think that's a very, very lucrative business to be in. And also like, nowadays when you do, let's say crypto product, you have to understand like, where are you getting revenue?  Jan: So we are targeting two things, we are targeting the retail people so that's the crowdfunding part but then we have the institutional money which is basically the M&A side. So they're both supporting each other, they're both like giving out more and more visibility, impressions and bringing out clients. Jeff: Yeah and I think the timing for it is really fantastic as well, even though it's a bear market, I feel like inflation is hitting so hard so many people and the only way to really hedge yourself against inflation is to hold valuable assets. But when the price of a house or to own a business or even a lot of stocks have really high prices, it's out of reach for the normal guys. So I think this is a really interesting way of being able to put that within reach. Would you be able to walk us through what it looks like if I had a business and you wanted to participate in this business and we wanted to fractionalize, what does that look like? And how does on the tech side and on the high level? Jan: Yeah, so we have these things called investment pools. These investment pools are basically a different real world assets that you can invest in. So eventually we will have a lot of different assets. One of them can be equity. For example, we do have equity deals coming up. Our actually first investment pool is gonna be a school in Scotland that we got 10% of. So we're gonna fractionalize that, give out different allocations. The more tokens you have, the more allocation you get.  The same kinda token model like launchpad have. The more basically tokens you have, the more tier or higher tier you are and the more you can invest in these different pools but what's the beauty on these pools is that they're basically SPVs and those SPVs are then divided by equity. So let's say like, you Jeff invest $5,000, you get $5,000 out of that 10% and you get NFTs. Now the beauty with NFTs is that you can actually start trading them on the secondary market.  As long as they are inside of our platform, they're securities but once they go outside of the platform, they become a metadata. And that means that you can actually start listing them on the secondary market. Why is that important is because let's say you have a Ferrari or let's say you have, I don't know, a watch and we fractionalize it and now you and me can invest in that. Now if I would own it by myself, it would be quite a big risk, you know? I basically have to buy a lot of different watches to build a really good portfolio but if you fractionalize it, you can actually start building like these fraction ownership deals and you can start building a very lucrative, diversified portfolio. And I think that's something that like in crypto, we haven't really been touching it yet but it's becoming more normal.  Like you probably invested in the bull run in properties or in gold or something else. But for the normal people, it's pretty hard to get into these deals. There's two things why. First of all, you don't have the deal flow. And second of all, you don't have asset managers telling you like where to invest. And I think one of the reasons I started building this AcquireFi was because in Yield App, we had a lot of asset managers coming to us with different deals.  And unfortunately with Yield App, we did not invest in them but with AcquireFi, I really wanna dive deep into investing in real world assets because I think putting them on chain and having the possibility to diversify your portfolio, I think that's very important. And as you touched before, the economic DAOnturn is coming, so it's very good. Jeff: Yeah, definitely. And so for this fractionalization, just to ensure that I'm understanding correctly, there's basically two buckets, you could either have it in equity or in assets. Jan: That's correct. So we have different deals, right? Like you could see us like Republic. I don't know if you guys know republic.co, they have different equity deals but they do have collectibles or real world assets also there where you can invest. So yeah, kinda like different categories, different categories have different items inside of them. Like for example, we will have collectibles maybe some Pokemon cards or something else. Like the idea is that eventually these investment pools will have as many possible lucrative investment opportunities and this investment opportunities are usually collectables or equity deals. Yeah, so in short, yeah. Jeff: No, that makes sense. So I definitely have a lot of questions 'cause I find this incredibly interesting and in 2017 we saw security tokens kinda take a stab at some of this. My first question would be on the asset side, let's say it's Rolexes and I wanna fractionalize my Rolex or somebody's fractionalizing their Rolex, whether it's some museum, whoever. So I understand, okay, everyone holds a portion of this Rolex, it's represented in NFTs, but then how does that work in terms of the storage, the storage costs and if the underlying asset itself gets sold, how does that play into the ecosystem? Jan: Yeah, for sure, that's a good question. So we do have a management fee that we take for whatever we raise on these investment pools. Second of all, all these assets usually are in vaults. We do have partnerships in Dubai, we do have partnerships in Switzerland, we're looking for partners in Asia now also. And what basically happens is that we build that SPV, Special Purpose Vehicle, with the help of our SPV, we can basically give out the different equities and we won't liquidate these assets until one to five years.  So they're not gonna be liquidated right away like let's say we make money on Rolexes, the price for Rolex goes up, we won't liquidate it. Our idea is to eventually build a DAO and that DAO would basically vote like, hey, this is a good time to now sell these Rolexes. This is a good time to sell these cars. And from that on like, eventually we will have the feedback from the community. Like it's two way side, if that makes sense. Jeff: It does, yeah. And so when the dis let's say it's the 51% vote or whatever the voting threshold is to liquidate the asset with the DAO, how does that work for those, well, I guess who voted yes and who voted no. Let's say you liquidate the Rolex for 50 grand and I'm not in the Rolex market, I don't know exactly what these costs these days. 50 grand let's pick an easy number and okay, now how are you just doing an airdrop of USDC to everyone who held the NFT and they still hold this collectible NFT? Jan: Yeah, so basically they need to get the NFT back to the AcquireFi platform. They need to stake it and once they stake it, you are basically saying like, hey, I own this equity of the SPV. Now the SPV itself will get liquidated and those assets or let's say it's USDC, they will come to AcquireFi platform and we will distribute the profit to all the AcquireFi ecosystem holders, at least people that invested in this investment pool which is a Rolex. And if you wanted, I mean, we will still distribute the funds like no matter what. We had the 51% voters said yes, So that will happen. Jeff: All right, so makes sense on the asset side. Could you be able to walk us through a little bit how it works on the business side on how you fractionalize equity and how dividends come into play? Jan: Yeah, so it's the same kind of process. We do our SPV, you pledge to the SPV, whatever size you want, let's say it's the $5,000. And then on the equity side, you will get the same kind of NFT. It doesn't matter if it's really real world asset, this is equity, whatever. There's gonna always be an NFT coming to you, you will stake it and once you stake it, you will have the equity ownership or whatever you wanna call it. On the equity side and on the dividend side, it depends on the investment pool. So for example, this school that is yielding 10% a year, they have distribution quarterly paced.  That means that every quarter we will distribute those funds to you that invested in this investment pool. So it's kind of very simple, it's not that like very different from actually owning a share in a company. It's just that because of those NFTs and if you bring those NFTs outside of the platform, you can start the secondary trading. And building that liquidity on those secondary markets, it's really crucial because what I think will eventually happen is that there's a lot of NFT holders at the moment looking at different art pieces but maybe they want real world assets. So they will basically come to our platform, buy these different NFTs and start building up those portfolios. Jeff: Makes sense, so let's say Amazon starts off day one, they start issuing these NFTs that are worth 50% of their business. And now there's, let's say 50 NFTs all worth 1% each. Amazon goes through its seed stage, it's series A, series B, it's now worth let's call it, you know, $500 million. Well, now all of a sudden these NFTs that were probably purchased for $1,000 may now be worth a couple million, few million, if not more. So are those NFTs that people hold then able to be fractionalized again, I'd imagine to be a little bit difficult to find liquidity on such a huge amount. Jan: Yeah, so with the SPV and with these equity deals, it doesn't matter if it's series A, series B, series C, the SPV itself will still hold whatever equity asset value it has. Well, let's say we own 10% of a company, that 10% whatever gets diluted eventually but it doesn't matter. Like you will still own that little share despite the company would get diluted or the company would get sold, you will still get the appreciation. And like, it really doesn't matter like it's still liquid enough on the secondary markets I think to be able to be traded. Like- Jeff: Understood. Jan: Again like, if you have a smaller share and a company goes to Series C, of course there's dilution but actually, your shares goes up like despite dilution and more investors coming in. So it's actually a beneficial thing for you as an investor. Jeff: Definitely, yes. And so how do you see this comparing to security tokens in 2017 and particularly, what do you feel security tokens did wrong? Jan: I think it's the secondary market they missed. And also back then, NFTs were not that popular. I think now what you see is that NFTs are becoming more and more usable, let's say like this. And the more use cases you find for these NFTs, I think the more you can actually put real world assets on chain and that's the beauty like, imagine like having an NFT and having only the metadata of equity and you can start trading it on the secondary market.  I think that's very, very profitable. And I think that's gonna become a normal moving forward. With the security tokens, the problem was that 'cause they're securities, there's no secondary market, right? And if there's no secondary market, there's no liquidity. And if there's no liquidity, there's no trading. But with NFTs, there are a little bit different and you can actually use quite a lot of different technologies to make them not securities when you go off-chain or on-chain. Jeff: And that's where I'm particularly interested. You know, of course I'm not an expert at law at all but my layman's view of this and I'm looking forward to hearing your insights here is, a security token is a representation of equity, that's an expectation of profits, that's receiving dividends that you go through the whole how we list and you're like, yeah, that's a security all right. When I look at the NFT, it seems to me like it checks off all the exact same things as a security token but it's just like, oh, it's an NFT so you know, hashtag don't worry about it. Can you kinda enlighten us on what's difference is there. Jan: Yeah, yeah, no, you're absolutely right. Like NFTs itself, as long as you stake it it's a security but when you unstake it, it turns into a metadata and that metadata can be transferable to different places. So basically it's just, let's say a promise note or a promise of getting equity eventually like what will happen on the secondary market like you will not get benefits. You have to come back to AcquireFi, you have to stake them and do a KYC check. After that, you will get equity back. But it's a promise note when you take it and unstake it. And that's when the security laws are very vague and we do have a security broker license also so we are on top of that. Plus we do have also crowdfunding licenses coming up in Switzerland and Estonia which means that we can do crowd funding for different assets. Jeff: So correct me if I'm wrong then but it seems like what security tokens were doing is this token directly equated to equity, it directly represented equity. Whereas what you're doing with this NFT is the NFT doesn't represent equity, it's like you say, it's metadata, it's a promise, it's it's an agreement and it becomes equity when it's staked on the platform. When it's staked on the platform, thanks to KYC, it's nontransferable. Jan: Yeah, so that's absolutely correct. And I see a lot of competitors coming up with the same kind of legal structures than us but yeah, I think there's a lot of opportunities that people will find out and people will also understand like, hey, you can do kinda a lot of things with NFTs if you just have a very good legal team, first of all, you have all the licenses needed to onboard users and getting this first security tokens or whatever you wanna call them. But once you go on chain and you have this metadata, they're just promise notes. And once you understand that, they're not securities anymore. Jeff: Makes sense. So bringing it back a little bit now to the two value propositions of AcquireFi or business verticals as I see them, the M&A marketplace, then the investment pools and fractionalized ownership and looking at competitors in this space right now, starting with maybe an easier one M&A marketplace, the one that I've seen at least I'm sure you've done deeper research but would be MicroAcquire which has a super extensive list of M&A acquisitions. And they have a little crypto tab, you click Crypto and it filters by all the crypto companies. So how do you see AcquireFi having a competitive advantage over a company like MicroAcquire? Jan: Yeah, so MicroAcquire does mostly sauce companies at the moment. They have very little crypto deal flow at the moment. I think what we have been doing really well, so we have more than 70 companies for sale at the moment. We are getting around two to three different companies a week now and moving forward once we launch, I think once we have that open order book and people see that there's actually deals happening, we are gonna be the number one place where M&A happens in crypto. I think one thing that MicroAcquire did really well is that their founder is really well known and has been building the platform, what? For at least two, three years and there's actually two other competitors but they're mostly in Web2. There's Empire Flippers, they do 200 to $300 million a year.  There's Flippa that does almost $1 billion a year. And I think in M&A like in crypto, there's no one actually doing it. So we're gonna be the first one actually focusing purely on Web3 startups. And when I say Web3 cheese startups, I don't mean only startups that have a token, for example. And that's like, if you think about the crypto ecosystem itself, it's been around for more than 10 years. There's a lot of athletic products, sauce products, training companies, exchanges, launch pads, all these things that don't have a token. And I think that's the beauty of it. And I can tell you that we have conversations already with different venture studios from Web2 that are looking to bundle up these different Web2 companies into one big behemoth basically build them a little bit and then resell them either or build them even bigger. And I think that's gonna happen eventually more and more in crypto. Jeff: Yeah, makes sense and agreed. What does the revenue flow look like specifically for the M&A marketplace? I feel sometimes like having a token can sometimes be detrimental to companies bringing in profit and being able to scale 'cause you have token holders saying when staking rewards or when buybacks, so how are you guys handling that? What's the thought process? Jan: Yeah, so we are making around 10 to 12% of every M&A deal. So that would mean like, let's say you have a $3 million deal, we get 10% out of that, that's 300,000. 30%, we buy back from the open market. So basically we are distributed that 30% back to the ecosystem and community and that's one way. And then we have these investment pools, every time we do an investment pool, we take a certain fee and that certain fee will then also be distributed back to the ecosystem. And I think that's the beauty of having two different revenue streams. One, you have the institutional money which is the big money but then you have also these investment pools which are retail focused and which are mostly like small pools. And I think the interest on real world assets are just going up. If you look at other crowdfunding platforms, they've been doing really well despite the bear market. Republic, one of them very, very good, very, very good. And I think that's gonna happen eventually also to crypto like more and more companies that are gonna go through real world assets and start doing these equity deals. Jeff: Agreed, yeah. And on the equity deal and the fractionalized asset side of things, what's the competitive landscape looking like right now? - I would say there's actually no one doing it like in a very high level. There's PropChain that we are actually working with, they do equity deals and apartment deals and fractionalized ownership deals for apartments. They're gonna be very good partnership deals but other than that, like no one is really doing it yet. I think there's a lot of people trying to do it or they're building to do it but no one has launched it. And that's why we are really trying to get this platform up and running in the end of the month, at least the beta and go from there. Jeff: And that's so surprising to me because it's such a massive market. This is a trillion dollar plus market, assets and equity. That's potentially and probably more. And it's like, in 2017 people were super aware of this and they're like, oh, they're trying with security tokens, they're hitting legal roadblocks and it's just not working. And now it's like, hey, this like NFT metadata solves all the problems. It seems like this is one of those kinda shake you ahead moments where it's like, how is this not happened yet? And you know, is there gonna be a huge rush and overs like, this feels like this could be the next big thing. You know like how we had DeFI summer or then there was the NFT wave or whatever it is. And it seems like this is such a no brainer industry. You know, how are you thinking about that and maybe a two part question for that whole preamble, why has nobody done this yet? And what do you anticipate to see in the coming year in terms of the competitive landscape? Jan: Yeah, I think one of the reasons no one has done it is because tech has had the biggest multiplier if you look at the traditional stocks. Like if you invested in tech for the past three years, you were doing between 20 to 50% APY. But the landscape is changing so it actually makes sense that also other people will start diversifying their portfolios into real world assets more and more. Why no one has done it is because of the legal frameworks, first of all. And second of all, we didn't understand really how to use the NFTs other than doing monkey pictures and some others and speculating.  But I think more and more are starting to understand like, hey, these NFT are actually pretty useful. There's gonna be more and more competitors coming into space, that's for sure. I think if you have good deal flow like we have, you will succeed pretty well. But I think the other thing is that you will have to have very good regulatory frameworks. You will actually have to do all the KYC and so forth for all your customers.  Some people don't like it, some people do. For myself, I think it's very good that we have some regulation in this industry. Being here for more than 10 years, I've seen it all. And I think it's actually okay-ish that there's coming more and more regulation. Like it's not that bad. The decentralization is actually also good. Like they should walk hand in hand but there needs to be like a sane or let's say a good legal framework for us to grow into a trillion dollar business or a trillion dollar market cap business. It's been very hard, like look at the market cap now of crypto. It's not even one trillion, I think. Jeff: Yeah, no and I agree with you on the regulation as well. You know, there's going to be and I feel it's necessary that you have the full decentralized, anonymous, privacy, you know, we need that and we also need to play with regulators because be able to bring equity and assets on chain, you need to have your stuff in line. So I agree with you there. How are you looking at the upcoming roadmap of AcquireFi? What are you prioritizing and most excited for in the medium term? Jan: That's a good question. I think the social aspect, what we're trying to build. So first of all, you can communicate with all the investment pools and as a community, you can talk about it like there's gonna be chats, there's gonna be different, I would say due diligence things that we can do together. We are putting up due diligence DAO and that means that once an investment pool goes up, people can talk about it and we will reward different people if they give out some useful information and so forth. So there's the social aspect. Second of all, like next year, hopefully faster, we will do borrowing and lending.  Why borrowing and lending is so important is because for small and medium enterprise businesses, it's very hard to get loans. And as you yourself like a founder, why would you sell equity when you can get a loan? And actually like, there's a lot of good businesses already in crypto that are making decent amount of money but there's no banks that are borrowing them money because they're crypto. And I think that's gonna change eventually in the future and that's another like, I wouldn't say DeFI aspect but a yielding aspect that will come. And that's something that we are trying to tap into in the future.  Building this ecosystem with different offerings like we have something for the founders, okay, you can come to our place, you can get evaluation, you can your Web3 company and so forth. Then we have something for the retail people which are the investment pools. Maybe there's some collectables that we can acquire together. Maybe there's some luxury cars that you would not have access to if you do it yourself alone. And then third of all, I think getting all these crypto communities together and understanding like, hey, it's good to diversify your assets away from just crypto. Jeff: And how are you going to populate the marketplace? Obviously, as you mentioned, two to three projects coming in daily, that's phenomenal traffic before you even launched. Are you guys gonna be having a sales team or are you gonna be relying on ads, organic traffic, what's that gonna look like? Jan: Yeah, that's a good question. So we do have our own outreach team that is doing, basically contacting different venture studios, VCs, talking to them, getting that deal flow going, that's on the M&A side. That's that's over 70 companies at the moment. Then we have Ken Mack who is one of our co-founders, he has a very big community of different, I would say real world asset managers that in talks to.  We are also working with other crypto companies that are very good deal flow but I wouldn't say the deal flow itself is a very hard thing. We are having very good conversations with different asset managers. Those asset managers are very professional and they do have deals constantly. It's mostly like, how do we vet these deals to be correct or to be right? And second of all, like understanding what the community wants.  So for example, I had a community member reach out to me and be like, hey, I wanna invest in Pokemon cards. And I was like, all right. And this guy was like a million dollar whale, like it's mostly like here in the community understand like, hey, what are we wanting to own as a community? And what are we wanting to eventually like diversify into? So yeah, I hope that answers your question. Jeff: It definitely does, yeah thanks. And then finally, to wrap up on the token utility, as I was looking, it seemed like it's like a staggered as you hold more tokens, you get more benefits. Can you maybe outline the two ends of the spectrum like, the entry level versus the mega holder or the whale and what those two levels look like? Jan: Yeah, for sure. So we have tier one, tier one is basically giving access to some of the deal flows. Gets a minor allocation on this investment pools and probably gets a very, very minor staking reward and so forth. But then again, if you're tier five, you get all access to our very exclusive M&A deals. You get access to all these investment pools so we will have some very lucrative deals there already that we are thinking of only offering to tier four and tier five.  Third of all, you will get also the platform benefits that we basically do when we buy back the token. And fourth of all, when we build out the DAO you will have the most voting rights. And my long term vision is to build a DAO and this DAO would start buying out these different companies and eventually they wrap them up into a one big behemoth. And as you can imagine, like we do have alpha already like all these deals that come to us, especially in Web3 like that's alpha.  We call it alpha because we know before anyone else that this company is gonna be sold. Second of all, we get all their financials, we understand like, hey, does this deal make sense? Now if we would have a DAO and we could buy out this different deals before the market, that would make it very lucrative. And I think in the long term vision, that DAO will buy out different things and raise capital. Jeff: Then it's just gonna be maintaining the project and continuing to build, that's always the tricky part if you're trying to act or hire them and they just got their $10 million payday. - I think, yeah, you are very into that thing, right? Jeff: Yeah, yeah, definitely. Right on, well, to finally wrap it up, I super appreciate the time. Are there any good books or videos that you've seen that have been like super educational that have stuck out in your mind that you've read or seen over the last little bit? Jan: That's a good question. I actually had one book that I was looking at. It's called the 'Psychology of Money'. It's a very well known book and basically teaches you what to think about money, how it affects you and maybe what you could do with your money once you get it. It's like a time lesson on wealth and once you have wealth, it's really easy to build it even more if you know where you can put and get yield on it. I don't know, it was a very good book. I recommended it. Jeff: Definitely. Yeah, I've gone through that one as well, great book, so I love that recommendation. Jan, super appreciate the time, thanks for popping on. Jan: Hey, thanks, Jeff. And thanks TrustSwap community for supporting us. I think it's gonna be a very exciting launch and hopefully guys can participate in the 45K Challenge. It's 25K for the winner so yeah, go for it. Jeff: Yep, perfect. Sounds great, all right. Appreciate it, Jan. Jan: Hey, thank you, Jeff. Jeff: Thanks everyone for watching. See you next time. Once again, Make sure to check out the upcoming AcquireFi FlashLaunch scheduled for September 24th at 5PM UTC on the TrustSwap Dashboard. The post Jeff Kirdeikis - an Interview with the CEO of AcquireFi Jan Strandberg appeared first on TrustSwap.




Acquire.Fi Announces September 24th FlashLaunch on TrustSwap Launchpad

Acquire.Fi, a decentralized crowdfunding platform leveraging Web3 and NFT technology, has announced the launch of their $ACQ token on the TrustSwap Launchpad. The Acquire.Fi FlashLaunch will begin at 5:00 PM UTC on Saturday, Sept. 24th, 2022.   The Acquire.Fi Mission The Acquire.Fi platform includes two core products that work in synergy to open up exciting opportunities previously reserved only for hedge funds and accredited investors. These two products are: - 1. The first crypto marketplace for corporate Mergers and Acquisitions (M&A). 2. Investment pools that will allow retail investors to access fractionalized ownership over Web3 companies, traditional businesses, and real-world assets.  Acquire.Fi is putting sustainable APY from real revenue-earning businesses on-chain and making it available to everyone. Forget inflationary tokens printing staking rewards. Access stable dividend returns from real-world factories, schools, and web2 profit-earning businesses. A new era of inclusive investing has begun.    The First Crypto M&A Marketplace  - The vision for the crypto M&A marketplace is to build the first Web3 M&A platform where buyers and sellers of crypto companies can come together and make deals.  The opportunity is ripe right now as there is currently no single platform connecting buyers and sellers of companies in the crypto industry. At the moment, buyers and sellers rely on personal connections and exclusive network ‘alpha’ to make deals. In 2021, crypto M&A volume passed $6 billion. The visionary Acquire.Fi founders saw the opportunity to be the first-mover in bringing this critical piece of financial infrastructure to Web3.    Investment Pools  - Today, investing in luxury goods, high-end real estate, and profitable businesses is restricted to accredited investors and hedge funds. Retail investors are limited to speculating on highly risky investments like meme coins and NFTs. Most high yield returns in the crypto space are very risky and unsustainable. The time has come for real-world revenue streams from real-world businesses and real-world assets (RWAs) to be put on chain and made accessible to everyone. The era of #RealWorldYield is just beginning. Acquire.Fi utilizes the “NFTization” of companies and assets to make this goal a reality. Investors can acquire fractionalized ownership of companies and assets in an investment pool that is represented by an NFT. The secondary marketplace then makes this NFT immediately tradable, making your investment liquid. The Acquire.Fi legal team are working day and night to make the process compliant with regulations so all investors are safe. The vision is for everybody to be able to legally own part of a crypto company, traditional business, or RWA (real-world asset). The more $ACQ tokens you stake, the more investment pool benefits you can receive.  “Web3 and blockchain technology allows Acquire.Fi to usher in a new era of M&A that is inclusive of more investors and brings all of the benefits of DeFi to a traditional process.” ~ CEO and Co-founder Jan Strandberg    $ACQ Token Stake your $ACQ to access exclusive investment pools, crypto M&A deal flow, and many more benefits. The community can also be rewarded for playing a role in supporting the protocol with due diligence. Please see the Acquire.Fi Pitch Deck for a detailed overview of token utilities and mechanics. Stake $ACQ, Unlock Alpha.    Meet the Team With Jan’s experience of building two Web3 unicorns, Ken Mack’s 16 years of traditional M&A dominance, Harrison’s crypto-native growth and marketing prowess and Marina’s legal expertise, the team started building. The Acquire.Fi team combines successful crypto builders with traditional business and M&A experts. This fusion of TradFi (traditional finance) with crypto-natives will be essential to successfully fulfil the mission of ushering in a new on-chain M&A era accessible to all.   Roadmap   — Partners Learn More Click the links below to learn more about Acquire.Fi. Website, Pitch Deck, Tokenomics, Telegram , Twitter, Discord, LinkedIn, YouTube, Medium,   $ACQ Token Offering Details   FlashLaunch Participation and Allocation - Please read these details carefully. The Acquire.Fi FlashLaunch will have a set individual Public Round allocation of exactly $1000 per person. Eligible participants may contribute up to $1000., Anyone who registers during the 24-hour FlashLaunch window will be eligible for entry to receive an allocation as long as they have a score of at least 4000 Points in the Long Term Staking Pool (LTSP) when the snapshot is taken., Applicants can apply to the FlashLaunch during the 24 hours between 5 PM UTC on the launch day and 5 PM UTC the following day at dashboard.trustswap.com., Once all applications are registered, each participant will be assigned a specific number of entries based on their LTSP Score when the snapshot is taken at 5:00PM UTC on September 25th (24 hours after the FlashLaunch starts). , One (1) Entry will be assigned for each 1000 Points over the 4000 point minimum (ie. 4000 Points = 4 Entries. 100,000 Points = 100 entries, etc.), There will be a random drawing for the $1000 allocations so the more entries you have, the higher your chance of being selected., If the hardcap is not reached within 24 hours, participants will be offered and additional $1000 allocation. 24 hours after that, the general public will be able to join the sale for a final 24 hours or until all tokens are sold., Each person can only win once per FlashLaunch., KYC verification is required and jurisdictional restrictions apply., Secure Launch Process - To ensure a smooth launch, the Acquire.Fi team has agreed to: Have their domain fully SSL certified one week prior to the token sale date., Have their domain protected by Cloudflare and share the proof with TrustSwap one week prior to the token sale date., Disclose the vesting schedule of all tokens, including team, strategic investors, private presale, influencers, etc., Add no less than $150,000 of liquidity immediately upon DEX listing., Have at least one community moderator on each social platform (Discord, Telegram, etc.) actively available 24 hours a day for the first 7 days following the DEX launch., Step-By-Step Guide - At any time between 5:00 PM UTC on September 24th and 5:00 PM UTC on September 25th (24 hrs), go to dashboard.trustswap.com and click the blue button to fill out the application form. Interested participants can submit KYC documents prior to the launch. However, they must still fill out the pledge form on the TrustSwap Dashboard during the 24-hour launch event., Applicants will be given a number of entries into a random drawing relative to their SWAP tokens that are actively staked (see Participation and Allocation section above)., Winners of the draw will be contacted via TrustSwap’s Dashboard Messaging System with payment instructions., An additional 100 people selected in the drawing will be on ‘stand-by’ and will have the first option to participate if there are any unsold tokens after the initial rounds are complete.,   Who can participate in the $ACQ Token Offering? Anyone not domiciled in the USA or UN-sanctioned countries can participate in the $ACQ token offering. * Launchpad dates and details are subject to change. This is not an endorsement, partnership, or an offer for investment by TrustSwap. Acquire.Fi is using the TrustSwap Launchpad as a customer, with specific requests as to how they need their launch to operate. TrustSwap is a provider of non-custodial, smart-contract-based software services. Digital assets carry a high level of risk. Participation is performed at your own risk. Exercise caution and conduct your own due diligence. The post Acquire.Fi Announces September 24th FlashLaunch on TrustSwap Launchpad appeared first on TrustSwap.




The Ethereum Merge – What To Expect

It’s been quite the year in the Cryptocurrency ecosystem. Almost one trillion dollars worth of value has been wiped out from the market, we’ve seen volatile price fluctuations and we are without question in a bear market. There is perhaps some light at the end of this tunnel and it’s coming soon. The Ethereum Merge What is the Ethereum Merge? - Ethereum is a blockchain, that is, a publicly viewable ledger where exchanges of digital coins are recorded.  Transactions on this chain are conducted in Ether. Thousands of businesses and projects in the experimental world of decentralized finance now use the platform to offer lending, borrowing, and other sophisticated investment options. In addition, many nonfungible tokens — unique digital collectibles known as NFTs — are built on Ethereum. At its core, the Merge is a change to the way Ethereum verifies transactions. Here’s how this works. — Ethereum is decentralized - Ethereum - decentralized Crypto is decentralized and operates without a middleman. In Crypto, transactions are verified by a scattered network of computers. Computers around the world run software that solves complex puzzles, an energy-guzzling process for confirming transactions.  This verification process is widely known as crypto mining and has the technical name “proof of work.”  The Merge is set to shift Ethereum to an alternate framework called “proof of stake,” which requires less energy. In a proof-of-stake system, computers don’t burn energy racing to verify transactions. Instead, crypto investors deposit a certain number of digital coins in a shared pool, which enters them into a lottery. Each time an exchange happens, a participant is selected from the lottery to verify the transaction and win the rewards. I spoke to our CEO Jeff Kirdeikis about the Ethereum Merge and here are his thoughts. Jeff Kirdeikis CEO of TrustSwap “The Merge represents a historical transition in the Ethereum ecosystem from an inflationary to a deflationary currency. Post-Merge, Ethereum will be running on Proof-of-Stake validation, where the transaction fees are the primary fees sent to the validators. Previously, in Proof-of-Work, it was the inflationary newly minted ETH that was issued to miners. This means ETH is about to become a LOT more scarce in comparison to if it continued on as PoW. While many people have concerns about the decentralization of ETH on PoS, it could easily be argued that it is now far more decentralized, as anyone can stake their ETH or join in pools and become a validator within minutes. On PoW, to become a validator, you’d have to physically purchase and install mining hardware, that uses copious electricity. ETH PoS is a step in the right direction for sound money, the environment (and arguably) decentralization” — Concerns about the Ethereum Merge - Now, as Jeff alluded to in his statement, while there is a lot of fanfare about the coming merge, there are concerns, especially since the process of merging is incredibly complicated. “It’s flying the jet, and changing the engine in the sky,” said Chandler Guo, a crypto industry veteran who leads a group opposing the Merge. “It’s very difficult. It’s very dangerous.” Here are some other concerns a lot of people have about the upcoming Ethereum Merge. Scams Ethereum Merge Scams One big concern is scams. The Ethereum network and some in the broader crypto community have been using the shorthand “ETH2” to refer to the proof-of-stake layer. The Ethereum Foundation has acknowledged that this could lead to confusion during the Merge and warned against “scams trying to take advantage of users during this transition” by making them believe that they need to take steps to upgrade to ETH2 or swap their current tokens for new ones. “There is no ‘ETH2’ token, and there is nothing more you need to do for your funds to remain safe,” the foundation said. Miners Crypto Mining The proof-of-work Ethereum network, known as Mainnet, has relied on miners to validate blockchain transactions. Ethereum’s proof-of-stake layer, known as the Beacon Chain, will rely on builders (who bundle transactions together) and validators, whose ability to select and validate transaction blocks depends on how much cryptocurrency they own. Andy Long, CEO of White Rock Management, said that for miners, the Merge means “the end of the super-normal returns they've enjoyed lately.” McMahon of Chainalysis agreed, saying Ethereum miners face a “grim” future. That has led to some speculation that the Ethereum miners would opt to keep going on their own, leading to the creation of a fork, similar to one that created Ethereum Classic in 2016. Technology problems Ethereum Alternatives Experts said technology glitches could prevent a smooth transition to the new system: for example, if validators or other nodes fail to update their software. That could spook the market. Sara Xi, chief product officer of Prime Trust said a fumbled or failed Merge would hurt Ethereum’s standing as the dominant smart contract network. “It gives opportunities to all the alternative smart contract chains,” she said, citing Solana and Avalanche as examples. “It is their moment to shine if Ethereum doesn't complete the Merge,” she said. “There are much faster and cheaper chains. If Ethereum fails, it will in the short term push up the prices for all the alternatives out there.” Valuation of Ethereum Ethereum Valuation The Merge could also have significant effects on how Ethereum 2.0 is valued, something that traders are particularly keen to know about. “Ethereum is positioned to become deflationary after the Merge,” says Aaron Samsonoff, chief strategy officer and co-founder of InvestDEFY, a creator of structured crypto products.  He expects an approximately 90 percent drop in new Ethereum token issuance after the change. Deflationary currencies tend to rise in value as lower supply meets stable or rising demand. — When will the Ethereum Merge happen? - While developers have estimated a Sept. 15 date, the Merge’s precise timing is uncertain and subject to complex technical factors. Any significant glitches could cause another delay. — The Bottom line - Ethereum 2.0 will be a big deal but no matter what happens, the real issue will be whether Ethereum and the rest of the chains are actually adopted for use in mass market applications, i.e. whether they will find wider use cases beyond those in Crypto today. At TrustSwap, we’re betting they will and you can be sure our company will remain at the forefront of the Crypto value chain, adding value to customers. — The Ethereum Merge explained (Video) - One more thing. For those of you that prefer videos for content consumption, I found a really good explainer video about the Ethereum Merge from The Defiant that breaks it down really well. Stay tuned to our channels for more news about the Ethereum Merge. The post The Ethereum Merge - What To Expect appeared first on TrustSwap.




TrustSwap – building during a Crytpo winter

In the larger Cryptocurrency ecosystem, it can be argued that we are currently experiencing a bear market and a crypto winter at the same time. What Is a Crypto Winter? - Crypto winter is what is called the bear market in the crypto space, according to Piers Ridyard, the Switzerland-based CEO of RDX Works. He goes on to define it - “A bear market is when the market is going down, and a crypto winter is when it goes sideways, and doesn’t really do anything.” During periods like this, a lot of Crypto companies are tested and you occasionally will see layoffs and in some extreme cases, company bankruptcies and liquidations. TrustSwap is different. While we acknowledge the period of difficulty in the markets, we actually see this as a period of great opportunity. You see, during a bull market, we are heads down, pedal to the medal creating value for our customers and executing. A Crypto winter is actually a great time to take a step back, review your strategy and roadmap then build in anticipation of the future. Ivan Anastassov, COO TrustSwap I spoke to Ivan Anastassov, the Chief Operating Officer at TrustSwap. Here’s his take on the situation: “Over the past few months, it became clear to everyone that there was some level of uncertainty coming to the Crypto markets. In light of the wider financial instability we see in the US and global markets, it’s not really surprising that the Crypto ecosystem is going through a correction. Depending on how long this lasts, it might actually be a good thing for the whole ecosystem. Economic uncertainty is testing certain financial models (Celsius) and based on the results, it will provide a clear roadmap for other DeFi companies like TrustSwap to navigate. Also, there is less speculation in the market which is a good thing. We will see which projects have a userbase beyond speculation and trading as well as which companies have a healthy business model that is not dependent on token sales. There will be consolidation in the market similar to what happened after the last bear market. Fortunately, at TrustSwap we have always been conservative with our growth and spending and anticipate weathering the storm. We believe in the resiliency of the wider Cryptocurrency ecosystem, continue to create value for our customers, and are looking forward to getting past this period of turbulence. Unlike other companies in the space, TrustSwap is still profitable, hired 5% more employees in the last 30 days, and continues to hire.” I wanted to give you all some insight into what’s going on at TrustSwap right now and a little preview of all the great things that are coming really soon. — Financials - TrustSwap Financials This one is really simple. We are a PROFITABLE, privately held company with no investors, and over 65 employees. While the rest of our competitors are struggling and slowing down, we have the luxury of being able to hire at this time while we continue to build and strategize. Once again, we are profitable. This is a testament to the conservative way we run our business and our deep knowledge and understanding of the volatility that comes with Crypto markets. We have a world-class team of Cryptocurrency experts and engineers who work on our products and love our culture. We are extremely proud of the company we have built. Let’s talk about what’s going on across our verticals. — Team Finance - Team Finance by TrustSwap Team Finance is hands down the most essential set of Crypto tools that every Crypto project needs to operate credibly in the space. Our product enables users to create tokens, lock tokens and liquidity, offer vesting as a service, and much more. Just as important, Team Finance allows Crypto projects to provide these services TRANSPARENTLY to the world, offering their investors and communities full confidence that the projects are being run securely. Our product is bulletproof and time-tested and has held Billions of dollars in value locked. We are continuing to refine this product and have exciting developments coming in the areas of NFTs, security scoring, and staking. Stay tuned for more. Once again, this is a product that is a necessity for any project in the Crypto space. — Launchpads - TrustSwap Launchpad A Crypto winter tends to provide clarity about which projects will actually add long-term value to the ecosystem and which projects are quick hits with little value. At TrustSwap, we are extremely selective with the projects we decide to work with. We don’t consider launchpads to be casinos for gamblers. Rather, we consider launchpads to be an innovative way to generate funding for Crypto projects with long-term value that will provide value to the ecosystem. To that end, we have quite a few solid and substantial projects we are incubating and you will be hearing about them very soon (within a week or two). We continue to believe in the power of Launchpads and this period has been a great time to refine our internal processes and spend time incubating some very promising clients. — The Crypto App - theCrypto.app by TrustSwap Our Crypto App continues to be a leader in the mobile app space for products related to Cryptocurrency. With around 4.5 Million downloads and a robust monthly userbase, we have put a tremendous amount of work into improving and refining the product. We have done a comprehensive refresh of the logo, UX/UI, the website, advertising partners, and more. We are also bringing a more comprehensive set of trading features to the product with a partner we will announce in the future. We couldn’t be more excited about the product. Our focus groups continue to indicate a tremendous amount of user satisfaction with the Crypto App and with the features we are adding to the app, we expect that will only increase. — Swappable - Swappable by TrustSwap Swappable is our B2B NFT platform. We are now able to consult with medium to large brands, strategize about their NFT projects, put a roadmap together and execute the projects with them. We have also become platform agnostic. Shortly, we will be able to support brands on custom platforms, Shopify, and even Salesforce’s NFT Cloud at the end of the year. At TrustSwap, we have seen NFT projects and proposals of all shapes and sizes. From standard NFT image collections to NFTs used for their utility as tickets, coupons, membership cards, and more. Our ability to provide deep consulting experience about NFTs differentiates us from our competitors. In addition, having our own Launchpad enables us to provide horizontal platform integration and do dual NFT and Project launches simultaneously, something our competitors can’t do. Keep an eye on Swappable this fall. Big things are coming. — Summary - Our company turned two years old this July. We plan to be here for the long haul. At TrustSwap, we are laser-focused on adding value to our customers and the Crypto community at large. We will continue to deliver on our mission to provide a comprehensive, world-class set of DeFi tools and services to our customers. Stay tuned to our channels for more information about our progress. Stay safe. The post TrustSwap - building during a Crytpo winter appeared first on TrustSwap.




TrustSwap – Building During a Crypto Winter

In the larger Cryptocurrency ecosystem, it can be argued that we are currently experiencing a bear market and a crypto winter at the same time. What Is a Crypto Winter? - Crypto winter is what is called the bear market in the crypto space, according to Piers Ridyard, the Switzerland-based CEO of RDX Works. He goes on to define it - “A bear market is when the market is going down, and a crypto winter is when it goes sideways, and doesn’t really do anything.” During periods like this, a lot of Crypto companies are tested and you occasionally will see layoffs and in some extreme cases, company bankruptcies and liquidations. TrustSwap is different. While we acknowledge the period of difficulty in the markets, we actually see this as a period of great opportunity. You see, during a bull market, we are heads down, pedal to the metal creating value for our customers and executing. A Crypto winter is actually a great time to take a step back, review your strategy and roadmap then build in anticipation of the future. Ivan Anastassov, COO TrustSwap I spoke to Ivan Anastassov, the Chief Operating Officer at TrustSwap. Here’s his take on the situation: “Over the past few months, it became clear to everyone that there was some level of uncertainty coming to the Crypto markets. In light of the wider financial instability we see in the US and global markets, it’s not really surprising that the Crypto ecosystem is going through a correction. Depending on how long this lasts, it might actually be a good thing for the whole ecosystem. Economic uncertainty is testing certain financial models (Celsius) and based on the results, it will provide a clear roadmap for other DeFi companies like TrustSwap to navigate. Also, there is less speculation in the market which is a good thing. We will see which projects have a userbase beyond speculation and trading as well as which companies have a healthy business model that is not dependent on token sales. There will be consolidation in the market similar to what happened after the last bear market. Fortunately, at TrustSwap we have always been conservative with our growth and spending and anticipate weathering the storm. We believe in the resiliency of the wider Cryptocurrency ecosystem, continue to create value for our customers, and are looking forward to getting past this period of turbulence. Unlike other companies in the space, TrustSwap is still profitable, hired 5% more employees in the last 30 days, and continues to hire.” I wanted to give you all some insight into what’s going on at TrustSwap right now and a little preview of all the great things that are coming really soon. — Financials - TrustSwap Financials This one is really simple. We are a PROFITABLE, privately held company with no investors and over 65 employees. While the rest of our competitors are struggling and slowing down, we have the luxury of being able to hire at this time while we continue to build and strategize. Once again, we are profitable. This is a testament to the conservative way we run our business and our deep knowledge and understanding of the volatility that comes with Crypto markets. We have a world-class team of Cryptocurrency experts and engineers who work on our products and love our culture. We are extremely proud of the company we have built. Let’s talk about what’s going on across our verticals. — Team Finance - Team Finance by TrustSwap Team Finance is hands down the most essential set of Crypto tools that every Crypto project needs to operate credibly in the space. Our product enables users to create tokens, lock tokens and liquidity, offer vesting as a service, and much more. Just as important, Team Finance allows Crypto projects to provide these services TRANSPARENTLY to the world, offering their investors and communities full confidence that the projects are being run securely. Our product is bulletproof and time-tested and has held Billions of dollars in value locked. We are continuing to refine this product and have exciting developments coming in the areas of NFTs, security scoring, and staking. Stay tuned for more. Once again, this is a product that is a necessity for any project in the Crypto space. — Launchpads - TrustSwap Launchpad A Crypto winter tends to provide clarity about which projects will actually add long-term value to the ecosystem and which projects are quick hits with little value. At TrustSwap, we are extremely selective with the projects we decide to work with. We don’t consider launchpads to be casinos for gamblers. Rather, we consider launchpads to be an innovative way to generate funding for Crypto projects with long-term value that will provide value to the ecosystem. To that end, we have quite a few solid and substantial projects we are incubating and you will be hearing about them very soon (within a week or two). We continue to believe in the power of Launchpads and this period has been a great time to refine our internal processes and spend time incubating some very promising clients. — The Crypto App - theCrypto.app by TrustSwap Our Crypto App continues to be a leader in the mobile app space for products related to Cryptocurrency. With around 4.5 Million downloads and a robust monthly userbase, we have put a tremendous amount of work into improving and refining the product. We have done a comprehensive refresh of the logo, UX/UI, the website, advertising partners, and more. We are also bringing a more comprehensive set of trading features to the product with a partner we will announce in the future. We couldn’t be more excited about the product. Our focus groups continue to indicate a tremendous amount of user satisfaction with the Crypto App and with the features we are adding to the app, we expect that will only increase. — Swappable - Swappable by TrustSwap Swappable is our B2B NFT platform. We are now able to consult with medium to large brands, strategize about their NFT projects, put a roadmap together and execute the projects with them. We have also become platform agnostic. Shortly, we will be able to support brands on custom platforms, Shopify, and even Salesforce’s NFT Cloud at the end of the year. At TrustSwap, we have seen NFT projects and proposals of all shapes and sizes. From standard NFT image collections to NFTs used for their utility as tickets, coupons, membership cards, and more. Our ability to provide deep consulting experience about NFTs differentiates us from our competitors. In addition, having our own Launchpad enables us to provide horizontal platform integration and do dual NFT and Project launches simultaneously, something our competitors can’t do. Keep an eye on Swappable this fall. Big things are coming. — Summary - Our company turned two years old this July. We plan to be here for the long haul. At TrustSwap, we are laser-focused on adding value to our customers and the Crypto community at large. We will continue to deliver on our mission to provide a comprehensive, world-class set of DeFi tools and services to our customers. Stay tuned to our channels for more information about our progress. Stay safe. The post TrustSwap - Building During a Crypto Winter appeared first on TrustSwap.




TrustSwap’s Team Finance Lists On Popular DeFi Aggregator DeFi Llama

We are ecstatic to announce the listing of Team.Finance on DeFiLlama. Here’s more on this recent development, what DeFi Llama is, and the significance of listing on it. What Is DeFi Llama? - DeFi Llama is a DeFi TVL aggregator. TVL stands for Total Value Locked (in U.S. dollar amounts), and an aggregator is just a website that collects related information. Thus, DeFi Llama gathers information about the Total Value Locked in different DeFi platforms and displays that information on its site. DeFi Llama provides a dashboard that lists the TVL of cryptocurrency (in USD amounts) on hundreds of different DeFi platforms including on many of the industry’s most popular and well-known blockchains. Why Is It Significant That We Listed On DeFi Llama? - The Team.Finance listing on DeFi Llama is significant because DeFi Llama has become a popular place for DeFi enthusiasts to get information about the total value locked in their favorite DeFi projects and platforms. A listing on DeFi Llama gives more visibility to Team.Finance which translates to more eyes on our projects and potentially more projects deciding to lock liquidity and tokens with Team.Finance. Another reason that listing on DeFi Llama is significant is that it allows us to be more transparent about Team.Finance, its TVL, and other important information about the project. Transparency is key to building trust with DeFi projects that currently lock tokens with Team.Finance and projects that may potentially lock tokens with us in the future. Important Note - our listing only reflects our LP tokens locked rather than all of the tokens, making our dollar amount appear smaller and impacting our ranking on the site. You can see the Team.Finance listing on DeFi Lama here. About DeFi Llama - DeFi Llama lists DeFi projects based on categories like CDP, Lending, Liquid Staking, Dexes, Yield, Services, Derivatives, and Algo-Stables to signify the particular segment of the DeFi space that each project operates in. They also list a one-day change, seven-day change, and one-month change in the Total Value Locked by the percentage increase or decrease. Finally, they list the TVL and Mcap/TVL for each DeFi project. DeFi projects listed on DeFi Llama are then ranked according to their total value locked. About Team.Finance - Team. Finance is a DeFi tool that provides liquidity locking and team vesting services for token founders and the crypto community. The product was launched by TrustSwap a year ago and the dollar value locked has grown significantly since the launch. Team.Finance provides investors with assurance that DeFi project teams will not dump their tokens on the market. It also prevents rug pulls by keeping tokens locked for a set period. The post TrustSwap's Team Finance Lists On Popular DeFi Aggregator DeFi Llama appeared first on TrustSwap.




An Interview With ArtMeta’s Head Of Marketing On The Future Of Fine Art And ArtMeta’s Innovative Metaverse

At TrustSwap we value our partnerships and collaborations with other brands in the space. We have recently worked with ArtMeta on initiatives, including a recent NFT drop and partnership between Swappable, ArtMeta, and Night Gallery, a premier Los Angeles art gallery. We are extremely excited about our ongoing work with the ArtMeta team and can’t wait to share more about what they are building and how they are changing the artistic landscape. To provide you, our readers, with more information about ArtMeta directly from the source, we recently interviewed ArtMeta’s Head Of Marketing, Alissa Alekseeva. Here’s what she had to say in response to our questions: The Interview — Can you explain what ArtMeta does in the simplest terms possible? - ArtMeta is a pioneering fine art metaverse, and the future of fine art acquisition. An NFT marketplace and an advisory platform using the potential of blockchain, both as a new artistic medium and an emerging sales channel for visual artists and contemporary art galleries. ArtMeta partners with critically acclaimed artists, galleries, curators, institutions and digital virtuosos to create unique digital environments and for the world to be able to experience fine art in a completely new way. We work with traditional infrastructure companies in banking, logistics and insurance on the back-end of acquiring physical art, with NFTs serving as their proof of ownership. We connect world class galleries and artists directly to their collectors. — How was the idea for ArtMeta born? - Roger, the CEO and CoFounder, came up with the concept for ArtMeta because he has been in the fine art world for many years. He used to own his own gallery. At one point he decided he didn’t like how the art industry was structured so he decided the art industry needed a different option. Jonathan Delachaux created an island for the figures that are the subject of his art, he worked with someone to create a digital version of it, and he shared it with Roger. Then they decided to partner to create ArtMeta. — Explain the utility if any that ArtMeta offers. - Through our Metaverse we: Open up new marketing and trading opportunities for artists, galleries, and institutions from the traditional art market by reaching out to new buyer groups and collectors in the digital space through our platform/metaverse. Our Token provides Metaverse access rights. It also acts as a medium of exchange for NFTs and digital art and provides artwork buying rights. — Tell us more about the team behind ArtMeta and their credentials. - Ok, here are our primary team members and their credentials: — Why should investors be excited about ArtMeta? - First of all, our Artistic Director, Jonathan Delachaux, has been working on this project for 11 years and the island is a work of art in itself. Second, our metaverse is a perfect mix of Soho, Art Basel and Venice Biennale. Finally, ArtMeta will provide galleries with tools for digitalization and tokenization of physical artworks, transfer of ownership rights, 3D scanning and archival of unique artworks with state of the art process running & generative tools. With ArtMeta’s pixel streaming capabilities users will be able to experience a high end photo realistic metaverse without needing a high end gaming PC or graphic card. — What are the challenges this industry is currently facing? How is ArtMeta solving these challenges? - There are various stakeholders in the industry that we must consider: the artists, private collectors, the art market (galleries, collectors, secondary market participants) and the digital community/collectors. - Here are some current challenges they face: - ● Artists don’t know how to make NFTs ● Private collectors don’t know how to tokenize or sell their coveted fine art ● Galleries, collectors and secondary market participants want to get a foot into a growing $25 billion market ● Digital communities, collectors and investors want to buy relevant art through a trusted source, using cryptocurrencies as payment, but there are few that deal in fine art. This is how ArtMeta will solve these problems: ● Artists and private collectors get a studio that finances, develops and produces high-end NFTs that will translate to the digital community ● The art market will get guidance and access to a fast-growing market and new clients. ● The digital community/collectors will get to collect relevant, valuable and top quality works of art in the form of NFTs as the art itself, and/or as proof of ownership for the physical space. — Where do you see this industry going next? - Some fine art galleries have jumped on to the crypto bandwagon and are selling NFTs. Fine art participation in the NFT market will only increase. There will be a move to viewing NFTs as more of a contract like they were intended to be, rather than a JPG. — What’s on the ArtMeta roadmap for the next three to six months? - We had our first debut of the Metaverse and people were able to experience what the world is like. What’s amazing about our Metaverse is that we are calling ourselves the fine art metaverse. It’s not only because we are showing art, but the island itself is created by an artist. We are creating a curated space that gives a space to tier-1 artists. We also recently held the TGE of $MART. Here are some other things to look forward to that are part of the roadmap for ArtMeta: - ● Development of beta version of Art Metaverse ● Establishment of ArtMeta as a leading fine art and digital resource ● Onboard Strategic + Ecosystem Partners ● Development and testing of the design of ArtMeta metaverse ● Onboard 1 top tier gallery, 1 major auction house, 1 historical relevant artwork ● Production and sale of NFTs ● Events and initiatives around NFTs - exclusive access for MART & token holders — Is there anything else you want our readers to know? - The event at Basel was the first time we brought the Metaverse to the public. It was an opportunity to show the world where we are, where the future is going, and to ask people if they want to join us in our mission. What happens now is creating contracts with our new partners based on what they saw and continuing to have conversations about what we are doing. Ultimately our goal is to give everybody access to art digitally through our Metaverse. - Thursday July 14th is here and we are hosting a live stream. We have over 4000 RSVPs to the event so far! — Learn More About ArtMeta! - Are you as excited as we are about the future of ArtMeta now that you know a bit more about it? If you are interested in continuing to learn about the exciting opportunities that ArtMeta has to offer and want to stay updated on the latest news from the ArtMeta team you can find them in the following places: - WEB: artmeta.org TWITTER: twitter.com DISCORD: discord.com TELEGRAM: t.me FACEBOOK: www.facebook.com INSTAGRAM: www.instagram.com LINKEDIN: linkedin.com MEDIUM: medium.com YOUTUBE: www.youtube.com LINKTREE: linktr.ee The post An Interview With ArtMeta's Head Of Marketing On The Future Of Fine Art And ArtMeta's Innovative Metaverse appeared first on TrustSwap.




TrustSwap Just Turned 2 Years Old!

Can you believe it? We recently celebrated our two-year anniversary as a company. It has certainly been a busy two years. We’re proud of what we have accomplished so far and are looking forward to what’s in store for the future. 2 years marks a significant milestone for any company, and we’ve been doing a lot of reflecting on what we’ve been able to achieve so far. Join us as we reflect on some of the highlights from our first two years of existence! Two Years of Growth and Evolution - Although we started with a heavy focus on Launchpads, TrustSwap later evolved to include multiple business verticals forming the broader TrustSwap ecosystem. These additional verticals include our NFT platform, Swappable, our project security and DeFi services provider, Team.Finance, and last but not least, The Crypto App, which we acquired a little over a year ago. Here’s more about the exciting developments from each of these verticals. — The Crypto App. — The Crypto App steadily gained users in the year since we purchased it, and the mobile app now boasts more than 4.5 million downloads and a 4.6-star rating on the app store! It’s one of the top 5 most downloaded cryptocurrency mobile apps on the market. In our efforts to take The Crypto App to #1, we are continually making improvements to the look of the app and its overall usability. The Crypto App recently underwent a refresh which included a redesign of the entire interface. The app has a more modern look with new features, including a light and dark theme. Look for more functionality in the app shortly, including the ability to buy, sell, and trade cryptocurrencies. — Launchpads. — Our Launchpad and incubator program continue to add value to the greater cryptocurrency ecosystem. We continued our path of success from last year and launched or are in the process of launching some truly stellar projects like IOEN, Velas, Trusted Node, and Menzy. Overall we have raised more than $40 million for 40+ crypto projects since we started our Launchpad! We expect to see many of our Launchpad projects become leaders in the blockchain/crypto space in the coming years and look forward to continuing to launch and advise innovative projects in the future! — Swappable. — Swappable is becoming a high-profile commodity in the world of NFTs, recently hosting and participating in events with some of the biggest brands and well-known art galleries worldwide. From the ‘Tech Meets Art” show at Art Basel at the Stalla Madullain to a charity auction for UNICEF. We continue offering state-of-the-art NFT drops with organizations like ArtMeta, FIFA, KITSUMON, and more. We also joined forces with Another1 and 23 industry leaders to create the world’s first Italian ‘phygital’ sneakers, wearable in the metaverse and the real world and tradable as NFTs. We were some of the first to use the technology that made this sneaker release possible, helping us pioneer a new form of fashion that bridges both the digital and real world. Swappable continues to offer drops featuring NFTs from some of the world’s top artists, celebrities, and professional athletes. As Metaverses and NFTs continue to develop, we will be at the forefront of innovation. — Team.Finance. — Team.Finance is our premium product that is a must-have for any project in the Crypto ecosystem. It includes Team Token Locks and Liquidity Locks, allowing DeFi project teams to lock their team tokens and Liquidity Pool tokens in a vault for a set time. This helps add legitimacy to an industry with a prevalence of scams, preventing exit scams and rug pulls. By creating safety and certainty, supporters of cryptocurrency projects can feel safe to support the projects without the fear of losing capital and more people may feel encouraged to enter the crypto space. Furthermore, DeFi projects that use a vault system such as Team.Finance’s Team Token Locks and Liquidity Locks may find it easier to set themselves apart and prove their commitment to developing their project, ultimately attracting support from VCs along the way. Due to the benefits they provide, Team.Finance’s services have become incredibly popular with DeFi projects in a short time. Team.Finance now counts $4.5 billion worth of crypto from 29,000+ projects locked, an astounding number! The overwhelming support for Team.Finance comes from an industry-wide effort to present the industry more favorably to attract the mainstream population to participate. We currently offer compatibility with over ten blockchains with plans to add more in the future! — More Recent TrustSwap Developments - TrustSwap continues to innovate and develop more opportunities for $SWAP holders. Now they can stake their $SWAP in the Long-Term Staking Pool, earning better staking rewards than were previously available through the Legacy Pool. Encouraging $SWAP holders to stake for a longer time will strengthen the TrustSwap Ecosystem while providing benefits to $SWAP holders as well. Wow, it really has been a busy two years. We would like to thank everyone who has supported us so far. You really have been an integral part of our success. We aren't stopping anytime soon. We continue to develop new and innovative products and services to help Crypto projects excel in the crypto space. We can’t wait to see where TrustSwap is two years from now and how many more of our goals we achieved. Thank you for your unwavering support and stay tuned to our channels (Discord, Telegram, Blog, Twitter) for more news and updates! The post TrustSwap Just Turned 2 Years Old! appeared first on TrustSwap.




Uniswap V3 is now supported by Team Finance

Uniswap version 3 (Uniswap v3) is here, and it has brought some notable changes. With the upgrade to v3, Uniswap has changed how they handle liquidity pool ownership. - In the Uniswap team’s own words, 'v3 offers Concentrated Liquidity, aggregating individual positions into a single pool'. It also provides multiple fee tiers allowing LPs to be appropriately compensated based on the degree of risk they are taking. In addition, the gas costs of v3 swaps on Ethereum mainnet are less expensive than on Uniswap v2. - Some of these changes in Uniswap v3 have initiated changes in Team.Finance as well. Here’s an explanation of what’s changed. How Uniswap V2 Works - With Uniswap v2, once you create a pool, in other words, place a token for trade, you, in return receive an ERC20 token called an LP token (Liquidly Pool Token). Team.Finance was using this token standard (ERC20) to lock the token in our smart contracts and thus prevent a rug pull. That’s how it worked with Uniswap v2. How Uniswap V3 Works - Uniswap v3 creates an NFT instead of an ERC20 token and gives the NFT to the user as proof of ownership, providing it with the same function that the LP token has in Uniswap v2. This serves as a logical next step in the development of Uniswap and makes sense considering the critical place that NFTs now hold in the crypto space and their increasingly common use as digital proof of ownership.  How Team.Finance Has Adapted To The Uniswap V3 Changes - Team.Finance still supports Uniswap v2 and the ERC20 token functionality; however, we added functionality to allow people to lock the NFTs received from Uniswap v3. This functionality is available for all chains on Team.Finance. Also, alongside NFT liquidity locks, we now support regular NFT locks as well. So, this means you can lock your Bored Ape or Crypto Punk for three months if you are worried that you will sell it too quickly. We made this move to adapt to the Uniswap v3 changes and allow Uniswap v3 users to use Team.Finance for locking, and this is consistent with our mandate to make Team.Finance the most useful and effective product suite for Crypto projects in the ecosystem. Click here and head to Team.Finance to check out the updates. The post Uniswap V3 is now supported by Team Finance appeared first on TrustSwap.




Team Finance Adds Support For The Velas Blockchain

TrustSwap is excited to announce our newest strategic partnership with one of the fastest-growing EVM compatible blockchains, Velas! Velas will be a great addition to the TrustSwap ecosystem and Team Finance. Here’s more information about our strategic decision to partner with Velas. — What Is Velas? - Velas is a blockchain ecosystem of decentralized products. The Velas blockchain is the fastest EVM chain, designed to be able to compete with Ethereum 2.0. Velas is a Solana fork that includes embedded EVM integration, and its mainnet launched in 2019. The chain supports all smart contracts built on the Ethereum blockchain and provides a scalable solution for dApps with up to 50k transactions per second (TPS). The Velas blockchain features instant, low-cost transactions that are just a fraction of the cost of other blockchains and also allows users to earn staking rewards. — Why Did Team Finance Add Support For The Velas Blockchain? - Adding support for the Velas Blockchain to our industry-leading Team Finance platform extends our reach to more customers. Our goal with Team Finance is to grow the platform. By expanding to include another chain, we add yet more value to Team.Finance and make it a no-brainer for more projects to lock tokens with our platform, growing the total value locked. It’s also consistent with our mission of bringing crypto to the world and strengthening the wider crypto ecosystem. By partnering with more blockchains, we can strengthen our connection to the broader crypto community and help increase crypto adoption. — More About Velas - Velas is building an open-source blockchain ecosystem of services and products, aiming to combine the best qualities of both centralized and decentralized solutions. It involves researching state-of-the-art cryptography, developing consensus protocols, and designing intuitive user interfaces providing developers, enterprises, and people worldwide to create and join an easily accessible, transparent, and community-governed ecosystem for web 3. Velas is in the process of developing a number of products. Velas Account provides a user-friendly entry point to the Velas Ecosystem, with seamless login, one-click crypto payment infrastructure, and support of many currencies. Velas Vault allows users to gain access to decentralized services and delegate password security to segmentation algorithms, distributing the information over the network without making it available to other network participants. Velas Wallet is a multi-currency wallet that enables staking. It’s cross-platform, with capability on Web, Mobile iOS, Mobile Android, Desktop Windows, Desktop Mac, and Desktop Linux. It also enables users to manage all of their coins with one seed phrase. Users of the wallet can also defend themselves against tracking and surveillance. These products provide users with a seamless experience in the crypto space. — About Team Finance - Team.Finance is a DeFi tool that provides liquidity locking and team vesting services for token founders and the crypto community. The product was launched by TrustSwap a year ago and the dollar value locked has grown significantly (Billions of US Dollars) since the launch. Team.Finance provides investors with assurance that DeFi project teams will not dump their tokens on the market. It also prevents rug pulls by keeping team tokens locked for a set period of time. The Velas integration is complete and ready on Team.Finance. You can get to it here. The post Team Finance Adds Support For The Velas Blockchain appeared first on TrustSwap.




  SWAP NEWS


Lawyer of Alleged Crypto Launderer Vinnik Calls on Russia to Talk Prison...

    A lawyer representing Russian IT specialist Alexander Vinnik has urged the government in Moscow to discuss a potential exchange of prisoners with the United States, where he was recently extradited. The French legal expert is convinced only a return to his homeland could save Vinnik who has deteriorating health after solitary confinement in France and hunger strikes in Greece. Vinnik's Lawyer Asks Russian Foreign Minister Lavrov to Start Negotiations With Washington One of the lawyers of Alexander Vinnik, alleged operator of BTC-e who has been accused of laundering over $4 billion through the now defunct cryptocurrency exchange, has urged Russian authorities to negotiate adding his client to a possible prisoner swap deal with Washington. Frederic Belot, a member of Vinnik's defense team who represented him in French courts, has issued his call in a letter addressed to Russian Foreign Minister Sergei Lavrov, Reuters reported on Monday after seeing the correspondence. 'Now the only thing that can save Alexander is for the Russian Federation to enter into negotiations with the American authorities within the framework of the exchange of prisoners between the countries mentioned,' Belot stresses in the letter emailed to the Ministry of Foreign Affairs in Moscow. The department declined to comment. The move comes after U.S. Secretary of State Antony Blinken revealed in July that the American side had made Moscow a 'substantial offer' for the release of U.S. citizens currently hel... read More



PFP NFTs Meetup to Swap 1:10 MEGA in MegaWorld

    [PRESS RELEASE - Please Read Disclaimer] Mega World is a metaverse with real economics built on top of the popular Web3 city builder game MCP3D running on Ethereum and TRON Network since 2018, where every game asset is NFT owned by a player, and every action is a verified transaction on a blockchain. Players acquire land plots and construct buildings to produce Resources that are required by other buildings to operate that facilitate trading between players. As the much anticipated Mega World Tour will be released August 24 at 5 PM UTC, thousands of players will be able to explore the decentralized city constructed by 25’000 landowners in 4 years. Walk down the streets with PFP NFT Avatar, meet other Citizens, chat and look for a spare land plot to build a shelter in the “megaverse”. Complete tutorial task to receive an Alpha Ticket granting access to the Mega World Alpha release coming later this year. To keep up with the pace and the project’s growth ambitions, the MegaCryptoPolis $MEGA Token which has been running as just supplementary element since 2020, is redesigned and given the major role in the Mega World economy to become a centerpiece of the emerging megaverse. Along with all the properties of the current one — every action in the game will require $MEGA starting from August 31. Every $MEGA holder will be able to swap the old token with an exchange rate of 1 to 10 — so, for every 1 MegaCryptoPolis $MEGA a player will be able get... read More



Nomiswap: A DEX with Team Farming and Zero Swap Fees

    Decentralized exchanges (DEXs) have become quite popular over the past few years. These platforms allow users to swap cryptocurrencies and make other transactions quickly without giving up control of their funds. These transactions are processed through self-executing codes known as smart contracts, eliminating the need for an intermediary or custodian. Aside from facilitating the seamless exchange of crypto assets, DEXs offer investors opportunities to earn passive income through different methods such as yield farming, staking, and launchpads. Although more than 35 decentralized exchanges already exist, new platforms are being launched with advanced features to broaden the earning opportunities for users. One of the latest DEXs in town is Nomiswap, and the platform promises to offer more to traders! What is Nomiswap Nomiswap is a decentralized exchange launched in early 2022 to allow users to trade and swap crypto assets with the ability to pay 0% in swap fees. The platform offers other services such as farming, team rewards, and CeDeFi. The platform is deeply integrated with Nominex, a centralized crypto exchange established in 2019. Nominex is an official partner in the Binance Brokerage Program, which allows the exchange to leverage Binance's high liquidity and market depth. According to DefiLlama, Nomiswap is a top-5 DEX by total value locked (TVL) on BNB Chain. The platform is also one of the top 40 DEXs by trade volume on CoinMarketCap. Although Nomiswap currently sup... read More



THORWallet expands DeFi swap functionality with Rango Exchange integrati...

    THORWallet, a non-custodial wallet that allows users to swap native crypto-assets across chains and earn passive income on them, today announced a new partnership with multi-chain DEX, Rango Exchange. For the first time, THORWallet DEX users can now execute cross-chain swaps on assets beyond those available in THORChain pools, starting with cross-chain swaps compatible with the Ethereum Virtual Machine (EVM), plus more than 40 chains. “The team at Rango Exchange are renowned specialists in DEX aggregation. Joining forces allows us to collaborate on our shared vision of building a fair and open financial system for the future. Bringing together a multitude of cross-chain swap services into a single wallet application grants immediate access to the entire DeFi universe, including swap pairs not supported by THORChain.” - Marcel Harmann, Founder & CEO of THORWallet DEX As the gateway to THORChain, THORWallet DEX enables users to access native and cross-chain liquidity plus the full DeFi landscape from a single entry point. “Collaborating with the team at THORWallet is as exciting as it is significant. Until now, accessing multichain DeFi through multiple applications has been an intimidating experience for the average user. Consolidating our service's features into a single wallet solution allows anyone with a smart device to easily take advantage of all the top chains and DEXs, swapping BTC with ETH or any liquid EVM assets.” - Martin, CMO at Rango Exch... read More



SimpleSwap: An Exchange That Rewards Crypto for Every Swap

    Cryptocurrencies have shown that they have potential, both as a payment method and as an investment vehicle. During the last bull season, several countries like El Salvador and the Central African Republic adopted Bitcoin as a legal tender. Publicly traded companies such as MicroStrategy and Telsa also invested heavily in Bitcoin, adding the cryptocurrency to their balance sheet. As these countries and institutions spearhead the crypto revolution, retail investors are not left out, as many people have profited from investing in digital assets over the past decade. Although retail users can make money from crypto through different methods, the most common way is crypto trading. In its simplest form, crypto trading involves buying and selling digital assets. However, swapping one coin for another requires using a crypto exchange. And while there are hundreds of trading platforms, exchanges like SimpleSwap help users process their crypto trades instantly while rewarding them with free tokens. What is SimpleSwap? SimpleSwap is an instant cryptocurrency exchange that allows users to exchange more than 500 crypto assets at the best rate. Users don’t need to store their funds on SimpleSwap because the platform processes all exchanges instantly. Also, no sign-up is required. SimpleSwap also provides fiat-to-crypto and crypto-to-fiat services, meaning users can buy and sell their preferred cryptocurrencies using fiat like USD, EUR, GBP, RUB, etc. The platform partnered with a b... read More



StoneX executes its first cash-settled bitcoin (BTC/USD) swap

    StoneX Markets, a subsidiary of StoneX Group Inc. (StoneX), a provider of execution, post-trade settlement, clearing, and custody services across asset classes and markets worldwide, today announced that it successfully executed and settled its first cash-settled BTC/USD swap. The counterparty to the trade was one of StoneX's institutional FX clients, Liquidity Solutions Global, the London-based subsidiary of DriveWealth Holdings, and a liquidity provider to multiple crypto exchanges. The company's institutional FX division made USD cash-settled crypto swaps available for trading to institutional FX clients earlier this month. This new offering complements the company's traditional institutional FX products, including more than 40 currency trading pairs across major and emerging market currencies, forwards, non-deliverable forwards, and options. StoneX is a long-time trusted provider of execution, post-trade settlement, clearing, and custody services to 52,000 commercial, institutional, and global payments clients, and 370,000 active retail accounts through its Forex.com & City Index brands. Current plans call for StoneX to roll out additional crypto products and services to both institutional and retail clients over the next year. The post StoneX executes its first cash-settled bitcoin (BTC/USD) swap appeared first on CryptoNinjas. read More



Uniswap Launches Swap Widget — Devs Can Embed the Dex With '...

    On Thursday, Uniswap Labs, the company behind the popular decentralized finance (defi) protocol, Uniswap, launched a tool called the Swap Widget. Essentially, the widget allows developers and decentralized app (dapp) operators to embed the Uniswap decentralized exchange (dex) app with 'one line of code.'Software Engineers Can Now Embed Uniswap Swapping Functionality Into Web3 Dapps One of the largest dex applications in terms of trade volume, Uniswap, announced the launch of a new widget tool that gives dapp operators the ability to integrate Uniswap into their third-party applications. The Uniswap blog post that announces the new Swap Widget explains that integration is easy as it only requires a single React component and one line of code. 'We envision a world in which everyone is able to access fair, open, and transparent markets,' the company said on Thursday. 'The Swap Widget brings this vision closer to reality by allowing developers to easily embed Uniswap swapping functionality, allowing their users to seamlessly swap tokens, join a community or DAO, wrap assets, and more, without leaving their apps.' The Swap Widget features a user interface that is customizable and for pricing the widget 'bundles Uniswap Labs' Auto Router to find the best price across Uniswap v2 + v3 token pools.' The widget also connects to layer two (L2) chains including Polygon, Arbitrum, and Optimism. Uniswap says that the Swap Widget is already available in a number of popular Web3 applications... read More



MappedSwap Protocol: A Cross-Margin Trading Swap Platform Powered by Eur...

    Decentralized Finance (DeFi) is one of the major sectors of the cryptocurrency space. Today, the DeFi market is worth more than $75 billion, with more room for growth because of the freedom and earning opportunities it offers to users. The main idea of DeFi is to use blockchain technology to eliminate traditional and centralized finance systems by allowing users to access financial products from anywhere in the world without restrictions. DeFi protocols offer a number of products, including stablecoins, token swaps, credit, derivatives, insurance, asset management, wallets, oracles, etc. Sadly, despite the potential for DeFi to revolutionize finance, protocols offering such services are very complex, making it difficult for new users to engage with them. Additionally, most DeFi protocols are built on the Ethereum network, which is notorious for its extremely high gas fees and slow transaction speed. But MappedSwap promises to offer users the best conditions for trading without compromising on security and decentralization. What is MappedSwap? MappedSwap is a decentralized on-chain cross-margin trading swap exchange built on the Eurus network. The protocol allows users to get up to 10x collateral for leverage and margin trading. Eurus is a cross-chain network that is interoperable with the Ethereum blockchain. It was specifically designed to solve EEthereum'sslow transaction speed and exorbitant gas fees. MappedSwap offers users an optimized and intuitive UI design that allow... read More



Humble Swap Launched Aiming to Make DeFi Safe for Everyone

    [PRESS RELEASE - Boston, USA, 28th March 2022] Humble Swap (https://humble.sh) is on a mission to make the decentralized finance world safer and accessible to everyone. Humble Swap is a new, decentralized exchange that has passed stringent security assessments to ensure customer funds' safety. In preparation for the launch, Reach Co-Founder and CEO Chris Swenor stated, 'We engaged with Kudelski Security to perform an audit for the HumbleSwap Smart Contract. The assessment tested the code developed on the Reach Platform, focusing on the overall security and risks within the code environment.' Swenor continued, 'The Kudelski Security findings during the audit triggered no changes, risks, overall security warnings, not even to a low-risk level, pointing out that Humble Swap contains no backdoor or vulnerability available to exploit. As a result, Humble received only one piece of feedback at the informational level.' Sandeep Kaur, Director of DeFi at Humble, stated, 'This proves that Humble Swap is one of the securest decentralized exchanges in the crypto market, providing the highest degree of protection for the assets of customers and investors. Humble Swap is secure because it uses the Reach blockchain programming language—the safest way to write blockchain apps. Launching on the Algorand Network, Humble is part of a growing set of DeFi products on their innovative blockchain. Daniel Oon, Head of DeFi, Algorand Foundation stated, 'Humbleswap serves an important function ... read More



Crypto Swap Platform LetsExchange Grew 100x in Less Than a Year

    PRESS RELEASE. LetsExchange.io, an instant cryptocurrency exchange platform, reports the tremendous growth it has achieved since its launch in early 2021. In March 2021, the platform had 6,000 active users from 20 countries. At the time, users could swap 200 digital coins and tokens, accounting for more than 40,000 crypto pairs. The figures in December 2021 speak volumes about the growth of this platform: 120,000 supported crypto pairs (3x increase) 350,000 monthly active users (60x increase) 170 countries served (8.5x increase) With 350 cryptocurrencies available and the massive growth of its community, LetsExchange increased the number of swaps per month by 100 times as of December 2021. This achievement has positioned LetsExchange as one of the leading non-custodial exchanges worldwide. The platform’s rapid development is in great part due to the approach to crypto exchange that LetsExchange has taken. It doesn’t require registration or KYC checks. Users can exchange unlimited amounts of cryptocurrency with an easy-to-use widget. Fixed and floating rates are available for different trading strategies. All transactions are performed on blockchain, which ensures their security and traceability. LetsExchange is continuously evolving to offer all users and business partners the best crypto exchange experience. Among other updates, the platform has launched user accounts with advanced tools and statistics, which allow for easier management of crypto assets for tho... read More



EverRise Launches EverSwap With a Native Coin Swap to Facilitate Cross-C...

    PRESS RELEASE. EverRise launches their fifth decentralized application (dApp) today, EverSwap, a multi-chain decentralized exchange (DEX), with a Native Coin Swap feature powered by their cross-chain bridging dApp EverBridge. The Native Coin Swap (NCS) functionality lowers the barrier to entry for those interested in the multi-chain DeFi space by making the cross-chain experience accessible and seamless with fewer steps, fewer fees, and faster transfers. With EverSwap’s Native Coin Swap, users will be able to swap native cryptocurrencies, starting with Ethereum (ETH / ERC-20), Binance Smart Chain (BNB / BEP-20), and Polygon (MATIC / Polygon), across blockchains without the need for a centralized exchange. The Native Coin Swap provides a one-step DeFi solution for trading native cryptocurrencies. Native coins such as BNB, ETH, or MATIC typically need to be withdrawn to a centralized exchange when swapping for the coin of a different blockchain. This process traditionally costs both time and money with multiple transactions involved and steps needed to be taken by the user. Instead, EverSwap’s Native Coin Swap performs all transactions in the backend, creating a more streamlined process for users with the ability to receive new coins at block speed. EverSwap’s Native Coin Swap provides a fast and efficient way for users to participate in multiple blockchain ecosystems while staying all DeFi. Since the feature leverages the unique bridging infrastructure created for Eve... read More



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