TrustSwap recently released their review report for 2020.
The 2020 report from TrustSwap covered some notable accomplishments of the platform. These accomplishments also cover different areas such as launches, partnerships, integrations, and features.
In six short months, we have achieved A LOT.
Here’s a quick recap of some of our highlights and a look into what to expect this coming month. https://t.co/NqsmFPrZRU
— TrustSwap (@TrustSwap) January 9, 2021
Established in mid-2020, TrustSwap has been an easy-to-use solution in the trustless escrow payments sector. From that moment, it has experienced rapid growth. There has been an addition of extra software features. Also, stakers and holders of SWAP tokens have enjoyed several benefits.
Notable TrustSwap Launches in 2020
TrustSwap successfully launched the SWAP token presale. This token presale was sold out in under 60 seconds. Also, multiple decentralized applications (dApps) were launched into the TrustSwap ecosystem. These dApps include SmartSwaps, SmartLocks, and the Staking portal.
In the staking portal, stakers enjoy up to 80% of the platform fees that have been paid in SWAP. 74% of the staking portal was filled with 37 million staked SWAP, and that number is still counting. From a range of outstanding projects, eight SwapDrops were delivered to SWAP stakers and holders.
In order to help new crypto projects in their starting off stage, the TrustSwap Launchpad was created. This TrustSwap Launchpad also offers opportunities to SWAP holders for presales and airdrops (SwapDrops). In 2020, TrustSwap was able to successfully launch five new crypto projects: Aubit, Chain Games, CoinDefi, Yield.App, and MobiePay.
Features and Expansion
Due to its outstanding work in the trustless escrow payments sector, TrustSwap was featured in various renowned news outlets. Such features include both traditional finance and crypto publications. TrustSwap was able to purchase its top competitor, Team Finance, and get their development team to work for TrustSwap.
TrustSwap has also gotten various mentions and good reports from thought leaders and top influencers in the crypto space. Such influencers include Hashoshi, DeFi Now, Ellio Trades, Cryptonauts, Crypt0’s News, Altcoin Buzz, and many others.
Furthermore, TrustSwap has maintained a high ranking among the highest project searches on CoinGecko.com. As a means of expansion, TrustSwap also delved into the Asian markets, with a major focus on China, Korea, and Japan.
Innovations and Development
TrustSwap has found a way to devise a suitable solution for the massive growth of crypto security. This solution will indefinitely eliminate rug-pulls. To enable users to monitor their rank on SwapScore, TrustSwap has developed the SwapStats Dashboard.
Besides, there has been a continuous development of SmartSubscription, a crypto subscription payment system. TrustSwap has also started developing an all-round crypto marketplace for buying, selling, and trading ERC20s and NFTs. This marketplace, known as “Swappable,” will go live later this month.
In 2021, TrustSwap has promised more launches, expansions, and development.
As of the time of publication, Trustswap price was $0.645266 with a 24-hour trading volume of $2,200,607. SWAP prices also went up by 0.4% over the last 24 hours. It also has a circulating supply of 64.6 million SWAP coins and a max supply of 100 million. Uniswap (v2) is the current most active market trading SWAP.
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