What is Trustswap?
TrustSwap (SWAP) is a decentralized finance (DeFi) platform that enables token holders and businesses to trade, create and secure crypto assets without intermediaries. The TrustSwap ecosystem offers a range of smart-contract services, including token locks, crypto subscriptions, event releases, and cross-chain integration. The platform's ultimate goal is to simplify global financial transactions and become the go-to DeFi ecosystem for all smart-contract services.
One of the significant issues TrustSwap aims to solve is high transaction fees associated with making financial transactions with a new or multiple parties. The platform also intends to provide solutions to other problems, such as the high costs of setting up distribution and launching tokens during initial blockchain projects, costly agreements and subscription services, scams, and price insecurity resulting from big whales dumping their tokens.
To address these problems, TrustSwap offers several solutions, such as sending tokens to a SmartLock and locking the funds in portions for an allocated amount of time, creating peer-to-peer option agreements, and setting up recurring payments.
SWAP is TrustSwap's native currency and an ERC-20 token built on the Ethereum blockchain. SWAP has several use cases, including discounts on services, dividends from staking, and governance token for voting on how foundation funds are spent.
TrustSwap was founded in 2020 by Jeff Kirdeikis, the CEO of Uptrend, a blockchain-based social media platform, Adam Barlam, a developer and founder of blockchain projects such as Bravocoin, and Joaquim Miro, who has a marketing background at L’Oréal and Bombardier. The team also includes members such as Michael Gu, Ivan Liljeqvist, and Mauvis Ledford.
Overall, TrustSwap is an excellent solution for individuals and businesses seeking to trade, create, and secure crypto assets. The platform's smart-contract services and cross-chain integration make it an attractive option for users looking for a comprehensive DeFi ecosystem.
The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.
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