In the event that you haven’t been keeping track, here is a quick snapshot of the past four days of announcements:
Day 1 – BSC integration
Day 2 – eSports DOTA T1
Day 3 – UFC Championship Alliance
Day 4 – Conflux Partnership
and now, here we are…
Day 5
A couple of months ago, TrustSwap launched Yieldly, the world’s first-ever launchpad on the Algorand blockchain, followed by Opulous and the mega-successful launchpad for Buying.com whose delivery infrastructure is currently available in twenty-two US states and offers one-hour delivery.
We have taken our collaboration with Algorand to the next level with the introduction of four key tools for their Blockchain customers.
TokenLocks for Algorand
Our industry leading product, Team.Finance, offers a top notch service to assist in risk mitigation for bad actor vectors such as rug pulls and exit scams. We can now proudly announce that this highly desired security product will also be available for all Algorand projects.
Increase your community and stakeholders trust by locking your Team and Liquidity tokens on TrustSwap TokenLocks!
- Team Token Locks
A Service to lock team tokens into an audited, transparent, secure and decentralized smart contract vault. Define your custom release schedule and lock your tokens. For transparency, your secure locks will also be displayed on our public dashboard.
Target release date: Sunday, 19th of September.
- Liquidity Locks
Same as previous, but with this interface you can lock instead your Liquidity Pool tokens into the vault.
Target date: Algorand DEX dependent.
Get ready to explore these services on team.finance.
Truly exciting news for the Algorand community!
TrustSwap Multisender & Opt-In Tool for Algorand
- TrustSwap Multisender
The logical question to ask here is, what’s a multisender tool in the context of Cryptocurrency?
Well, Ethereum users might be familiar with this concept. It’s a tool where you can send tokens to multiple receiver wallets at once instead of having to manually send them one by one to each recipient. The TrustSwap Multisender has the same functionality but this time, it’s fully functional on the Algorand Blockchain.
Quick, decentralized and convenient! Whether it’s for token distribution after your Token Generation Event, airdrops, salary payments, our Algorand Multisender has you covered. Just paste the receiver addresses plus their token amounts to be received, and let TrustSwap Multisender do the hard work for you.
When TrustSwap noticed this type of tool only existed for batch distributions of the ALGO token itself, we decided to build this key instrument and offer it, for free, for all projects building on the Algorand network. So they could also benefit from fast and secure mass distributions.
A preview of the TrustSwap Multisender Tool for Algorand user interface
- TrustSwap Opt-in Tool for Algorand
The TrustSwap Multisender Tool for Algorand will also offer another key function – enabling users to perform so-called asset opt-ins.
Unlike Ethereum, Algorand users must first manually enable a token in their Algorand wallet before they are able to receive it. This process is not that easy for new users but we have made it smoother and more intuitive with our TrustSwap Opt-In Tool for Algorand.
A preview of the TrustSwap Opt-in Tool for Algorand user interface
If users want to optin with their wallet for a new asset, they can simply connect their wallet and follow the steps in our intuitive Opt-In interface.
For the moment, as a collaboration celebration, these services will be offered for free to participating Algorand projects. If you are interested in adding your project to the Multisender or Opt-In tool, reach out to: [email protected].
You can find these 2 key business services here: https://multisender.trustswap.org/
To conclude:
The products above are critical pieces of innovation that highlight TrustSwap’s strategic partnership with Algorand. They demonstrate that TrustSwap is not just a core Launchpad partner but also an advocate and co-developer for the Algorand ecosystem.
Tools like our Token Locks, Opt-in Tool and The TrustSwap Multisender Tool for Algorand make the process of launching a token on Algorand significantly simpler, more safe, and exponentially flatten the learning curve for newcomers to the Algorand blockchain.
We are excited to see what builders, developers, and dreamers build on this Blockchain in the future!
OK, that’s day 5 done.
We’ll be back with more soon…
