Trustswap is an easy way for you and anyone in the world to make safe cryptocurrency transactions together.

No need for a middleman, just use TrustSwap!

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Background

“A Venture Capital firm wanted to invest $50,000 into project tokens at a discount. Our company wanted to make sure that once the tokens were sent, they wouldn’t sell them all at once and crash the token price. The only way to ensure this was to hire a lawyer to act as a middleman, who would send fractional amounts of the tokens to the VC firm over time, for a 5-10% fee.

Absolute insanity. I figured there had to be something already created that implemented this service in a smart-contract, for a fraction of the cost. There wasn’t. Infact, there was nothing that allowed for time-based payments at all. No trustless escrow for institutions, no trustless team-token lockups, no automated employee payments... nothing.

That realization happened on June 19th 2020. Here we are today.

Welcome to TrustSwap.”

- Jeff Kirdeikis, CEO

TrustSwap Explained

Key Features

Decentralized Finance, made easy

Crypto Subscriptions

Recurring subscriptions are by far the most used billing method for online service providers in the world. TrustSwap allows online retailers to integrate crypto subscriptions, directly onto their sites, using any Ethereum-based token. From online courses to Patreon content creators, there is no limit to the potential. This can even be used to automate employee salaries!

Escrow Services

Billions of dollars have been invested through Venture Capital firms to crypto companies. Nearly every time, the fees for lawyers and middlemen is ludicrously high. TrustSwap is removing the middleman, and providing a non-custodial, fully audited and secure solution for large dealflow to transact securely, quickly, and for minimal fees.

Tokensale Launchpad & Trusted Coin Offerings (TCO’s)

TrustSwap is providing the new “Gold Standard” in token launches through:

- Team Token Locks: Teams lock in their tokens, vested over a period of time, giving investors confidence that the team is in it for the long-haul.

- Event-Based Payments: Teams can only unlock investment funds after they hit promised milestones. If they don’t hit the milestones, investors can get their investment back. Governance for this is done using the SWAP token, in combination with the project's native token.

- Investor Token Release: By slowly distributing tokens to tokensale investors over time, both the company and investors have a sense of security in knowing that there will not be a single large “sell event”, and that holders of the token are on-board for the long-term vision.

- Early Access: Holding and staking SWAP will allow holders priority access into token presales.

Wrapping as a Service

Wrap any token onto the Ethereum network, allowing it to interact with wallets, decentralized exchanges and the TrustSwap ecosystem. This saves projects a massive amount of time and money. Building proprietary wallets is arduous, and listing lesser-used chains on exchanges is extremely expensive. Wrapping as a Service will allow any project to interact with the Ethereum Network seamlessly.

Time-Released Payment

Do you want to make sure that a payment is going to get sent at a certain time, guaranteed?

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Maybe you’re an employer looking to automate payments to contractors or a parent sending a weekly allowance to your kids.

No matter the situation, TrustSwap will allow you to be sure that the payment will land on time, every time.

All you have to do is set:

  • The amount to be paid.
  • The number of payments to be made.
  • How much to set each payment to, and you're done!

Selected Use Cases

TrustSwap is a novel platform with infinite use cases, here are some of the prominent ones.

Use Cases

Automated employee payments

With TrustSwap you never have to use antiquated payroll software again.

Have payments delivered at an exact time & date to any employee through an accountable smart contract.

Time-locked tokens

Lock up founder and employee tokens on a time based release schedule to give confidence and trust to investors.

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Monthly/Weekly Subscriptions

Set up and pay for subscriptions using cryptocurrency.

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Instant Will Execution

Create a will on a smart contract that will automatically release funds to your loved ones after you pass away.

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Instant Gifts & Payments

Send an automatic gift to your son on his 18th birthday or a weekly allowance to your daughter.

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Two Party Swaps

Do you want to make an instant, and trustless trade with someone? TrustSwap has you covered.

You and someone online want to trade 4 ETH for 1,000 TUSD.

You want to both make sure no one is going to get scammed.

Here's how to make the trade:

  • You both set and agree to the terms of the trade.
  • You both fund the contract with your side of the deal.
  • Once both parties have put in their amounts, the trade instantly goes through! Done!

Jeff Kirdeikis

Received 1 ETH for 240 USDT from Alex Jones

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German Williams

Send 140 DAI for 2 ETH to Vanessa Williams

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Adam Barlam

Send 10000 1UP for 1 ETH to Jack Jones

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Misty Johnson

Received 1 ETH for 10M HEX2T from Clark Dawson

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Two Party Time-Released Payment

Ensure your payments get to your recipients on a fixed schedule automatically.

The Situation

You’re a crypto company looking to sell tokens to an investor.

  • You receive an offer for $100,000 for 5,000 tokens
  • However, you want to make sure that once you send your 5,000 tokens you will receive USD back.
  • Lastly, upon delivery of the 5,000 tokens you want to make sure the receiving party won't instantly sell all tokens.

Secure Transfers

With TrustSwap you can set up a contract where you can receive $100,000 as an upfront payment and transfer your tokens securely to your recipient without any risk of being scammed.

Time-Release Transfers

With TrustSwap you can set up a contract to slowly release the 5,000 tokens at whatever frequency and interval you chose. Sounds simple? It is!

Low Fees

Lawyers usually charge 5-10% to act as middlemen, who can make errors in their transactions. Using Trustswap, you only pay 1% of the transaction cost as a fee. In the scenario above, using a lawyer would normally cost $5,000 - $10,000.

With TrustSwap, this contract would only cost $1,000 (1%). If you use the SWAP token, it only costs (0.5%) $500.

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An Evolution in the ICO

What if you could invest into a new project with 100% certainty that the other investors were in it for the long-haul?

What if you knew that there was no risk that someone would “dump” on you, would you feel more confident investing?

What if as a project founder, you finally could have the certainty that your token price and company health would stay much more stable and in good-standing, would that be worth a 0.5% fee?

TrustSwap will allow companies to synergize seamlessly with investors by aligning interests in a trustless contract.

An Example ICO

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NewCoin is raising $1 million

There are 100 people interested to invest $10,000 each, in exchange for 500 NewCoin tokens.

NewCoin can set a custom time schedule for how these 500 tokens will be released. They can be distributed 100 tokens every 3 months, 50 tokens every month, or at any token amount and timeline they chose!

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To enter the contract is easy

Both the investor and Newcoin would fund the contract with the total amount and then press “agree”.

NewCoin would then receive $10,000, and the investor would automatically receive their tokens at whatever the set schedule was.

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Low Fees

Out of the $1M raise, Trustswap would charge a $5,000 fee if paid in SWAP tokens.

80% of this would get distributed to stakers, 10% would be burned, and 10% would go to the foundation.

Phase Two

TrustSwap for the entire crypto market

UNIVERSAL TOKEN WRAPPING

TrustSwap’s system will allow ANY token on ANY blockchain to integrate with the TrustSwap ecosystem, and beyond, by providing a “wrapping” service which converts any token into an ERC20 at a 1:1 ratio.

ETHEREUM ECOSYSTEM INTEGRATION

Once a token is wrapped, it can interact with the entire Ethereum ecosystem, including metamask, cold-storage wallets, decentralized exchanges like uniswap and beyond.

Want to swap Monero, Bitcoin or Cardano on Uniswap? TrustSwap makes that happen.

COST-EFFECTIVENESS

Speaking of exchanges, did you know that listing an ERC20 can cost 10X less than listing unique blockchain coins? Using TrustSwaps wrapping service, projects save thousands of dollars in listing fees.

REALISTIC GOALS

Sounds cool, but does anyone use wrapping?

Wrapping is so popular, that there are more “Wrapped Bitcoins” on Ethereum than there are Bitcoin on the Bitcoin Lightning Network.

Wrapping works.

TrustSwap is bringing it mainstream.

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Infinite Possibilities

Bitcoin

Ethereum

Litecoin

Ripple

Dash Coin

Monero

Tokenomics

The TrustSwap token (SWAP) has many unique features.

Governance

Stakers of SWAP tokens are the voters for platform governance decisions

Staking Rewards

Every transaction paid in SWAP rewards stakers and liquidity providers with 80% of the transaction fee. 10% is burned, and 10% goes to the foundation

Longevity and Stability

Commiting to stake your SWAP for longer creates a multiplier on your SWAP staking rewards from all TrustSwap network transactions

Deflationary

10% of SWAP used as transaction fees for services offered by TrustSwap will be burned. This decreases the total supply of SWAP, thus increasing the value of each SWAP token

100,000,000

SWAP tokens will start as the initial supply. This will gradually reduce as tokens are burned with each transaction

Reduced fees

TrustSwap fees are reduced by 50% when using SWAP tokens

Distribution
of tokens

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The Initial Liquidity Offering will start at a marketcap value of $500,000.

After the ILO begins, purchasing SWAP tokens is designed to get continuously more expensive. The first ones in to purchase on the ILO get the best rate.

Our Roadmap

Early August 2020

TrustStake (TM)

Mid August 2020

SmartLock

Q3 2020

SmartSwap (TM)

Q4 2020

Support for NFTs and Other Tokenized Assets

Q1 2021

SmartSubscription (TM)

Q2 2021

Alpha release of TrustOptions (TM)

Q3 2021

Alpha release of TrustDEX (TM)

Q4 2021

SmartWrap (TM)

TEAM

TrustSwap was founded by an experienced team with roots in other projects from Uptrennd to Bravocoin.

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Jeff Kirdeikis
CEO

Jeff is the Founder and CEO of Uptrennd, the world’s most engaged blockchain-based social media platform. He is the host of The Bitcoin and Crypto Podcast, and runs the worlds most engaged FB crypto group.

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Adam Barlam
CTO

Adam is the dev and founder behind the projects Bravocoin, a platform that allows users to earn crypto for writing reviews and Rebuzz, a decentralized social network. He has previously worked as a Sr. Architect at Godaddy and Intel.

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Joaquim Miro
CGO

Joaquim was the youngest Canadian inducted to the Canadian Marketing Association and currently works with gda.capital, connecting institutional money to crypto.

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Bradley Townsend
Buisness Development

Brad is an experienced growth enabler with an extensive business acumen, and has built an impressive network of both C-level executives and notable grass-roots thought leaders. He leverages these to strengthen the presence of new and running projects, supporting short term growth for sustainable long term development.

ADVISORS

TrustSwap is backed by a notable and experienced team of advisors from the crypto ecosystem.

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Michael Gu
Boxmining

Michael is the Founder of Boxmining - one of the top crypto YouTube channels with over 200,000 subscribers and 15 Million Views. Michael has been providing top tier independent coverage of the cryptocurrency scene. Michael has participated in the first wave of cryptocurrency investing, with a mining operation in 2012 and key investments in 2017.

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Ivan Liljeqvist
Ivan on Tech Academy

Ivan on Tech is a blockchain developer, influencer and educator. His educational platform, "The Ivan on Tech Academy" is currently the world's largest blockchain academy. He is also known for his YouTube channel where 235,000 people follow him daily.

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Mauvis Ledford
Former CTO CoinMarketCap

Mauvis is the former CTO at Coinmarketcap, as well as the former Technology and Research Consultant at the Bill and Melinda Gates Foundation. He currently serves as an advisor at the first full-service blockchain accelerator, MouseBelt.

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Michael "Mafiaboy" Calce
President @ Optimal Secure

Michael is an elite-tier security expert, who is currently the Chair of the Board of Advisors of HP. In his early years, Michael launched a series of highly publicized denial-of-service attacks in February 2000 against large commercial websites, including Yahoo!, Fifa.com, Amazon.com, Dell, Inc., E*TRADE, eBay, and CNN.

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Luke Wagman
Former Goldman Sachs & CoinMarketCap

Luke previously worked as an analyst at Goldman Sachs, where he provided the link between traditional money and crypto. From there, he was the second person ever to join the CoinMarketCap team, where he built the team responsible for listing and evaluating all the coins and exchanges as well as maintaining the several thousand data fields across the website.

FAQs

Below we’ve provided some answers to the most asked questions. We'll update this over time as the list grows.

Is this like a cryptocurrency exchange?

No. A crypto exchange is like a stock market. You can’t set contracts with individual people, nor can you set time released payments to be completed.

To build it is fairly simple, but to get trustworthy audits is costly and expensive. It doesn’t make sense for individual projects to build these smart-contracts out. TrustSwap is the first to offer it to the public at-scale.

No, it’s deflationary. The supply starts at 100M tokens, every time a purchase is made with SWAP tokens, they are burned and removed from circulation forever.

No matter which contract it is, both sides need to be 100% funded, including the fee.

You can use any Ethereum based token!

Yes, that is what a two party swap is defined as. However, we provide more functionality such as time based and chunk based partitioning of a given swap!