Tokenplace Announces May 13th Token Offering On The TrustSwap Launchpad

Tokenplace, a next-generation trading platform for beginners and seasoned trading professionals alike, will collaborate with TrustSwap to aid in the execution of their token offering on May 13th, 2021 at 9:00 AM PST.

Introducing Tokenplace

Cryptocurrency trading is getting more popular and creating a lucrative market for liquidity providers in the crypto industry. Trading in cryptocurrency markets has boomed and more than 100 million people around the world are now using cryptocurrencies, including millions of retail investors and traders on crypto exchanges. A growing number of baby-boomers and Gen-Xers are also becoming interested in investing in diversifying their portfolios with Bitcoin and other tokens.

Moreover, monthly data from exchanges and public filings, along with retail investors who helped fuel the surge in share trading for much of the last year, have turned their attention to cryptocurrency markets. As a result, trading volumes on major crypto exchanges soared to $1.7 Trillion in April 2021 (based on CryptoCompare data collated by the Block Crypto).

Traders need both volume and volatility to profit, which is one of the many reasons that the cryptocurrency market has continued to draw so many new traders over the past few years. However, inexperienced traders who don’t use operations analytics or apply basic risk management strategies can quickly see funds evaporate due to this volatility. Ultimately, that’s going to prevent the average person from storing any meaningful percentage of their wealth in crypto assets.

Tokenplace is a next-generation trading platform that provides a high-level overview into the diverse landscape of digital assets. By connecting all their exchange accounts to the Tokenplace terminal, traders can get the best prices on the market by taking advantage of unique order-splitting algorithms to optimize and conceal their trades. The order-splitting “Smart Post” algorithm will empower individual traders with powerful features normally only available to “Big Money” institutions. The ultimate goal is a seamless, single-KYC Tokenplace account that allows users to trade simultaneously on multiple exchanges for the best available prices.

For a Tokenplace user, the entire landscape of centralized and decentralized exchanges can essentially be seen as backend technology hidden under the hood of a powerful trading and analytics cockpit.

The Tokenplace ecosystem will be powered by its utility token, $TOK, using a model similar to that which was successfully established by BNB (Binance Token). The TOK coin will be the financial vehicle that unites all of Tokenplace’s corporate exchange accounts and connects them with the Tokenplace trading platform. It will also be used for rebalancing the accounts so that there is a consistent pool of liquidity to execute trades immediately at the best prices across all markets.

The Core Team

Tokenplace Token Offering Details

The Tokenplace token offering will be executed by leveraging the TrustSwap Launchpad. Upon the successful conclusion of the offering, a Uniswap pool will be created on May 21st, 2021 and trading can commence for use of $TOK in the Tokenplace network.

TrustSwap technology utilizes simple and secure peer-to-peer transactions via TrustSwap SmartLaunch™ which ensures that Tokenplace and its community can transact securely and without the fear of participants or team members negatively impacting the markets following the public offering. TrustSwap’s Time-based SmartLock™ ensures a methodical distribution to mitigate the risk of unauthorized token transfers.

Tokenplace will use TrustSwap SmartLocks for:

  • Team token vesting
  • Token holder vesting
  • Liquidity locks

Tokenomics

Secure Launch Process

To ensure a smooth launch, Tokenplace has already:

  • Secured the website with SSL certificates
  • Had the domain protected by Cloudflare and implemented secure VPNs to be conformant to best practice Guidelines
  • Performed penetration testing and PCI ASV Scanning

Tokenplace also commits to:

  • Disclose the vesting schedule of all tokens, including team, strategic investors, private presale, influencers, etc.
  • Authorize the addition of no less than $200,000 of ETH liquidity on Uniswap immediately upon listing.
  • Distribute tokens to launchpad participants within one hour of Uniswap listing using Multisender according to the schedule.
  • Provide the timeline for token distributions and distribute tokens within one hour of the agreed upon time.
  • 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 launch on Uniswap.

Participation and Allocation

Anyone, including those outside the TrustSwap ecosystem, are eligible to apply for participation in the $TOK token offering granted they meet jurisdictional restrictions. However, application does not guarantee an allocation. If the $TOK token offering becomes over-subscribed (due to pledges exceeding the $1.525M hard cap), priority allocations will be given to the TrustSwap community as follows:

To check your SwapScore, ranking, and other staking stats, login to the TrustSwap Dashboard.

NOTE: An active stake as of 9 am PST of 13th May, 2021 is required to be eligible for an allocation based on “Staked Swap” tiers

Step-By-Step Guide

1. On May 13th, 2021 between 9:00 AM and 9:00 PM PST, head
to https://dashboard.trustswap.org/app/launchpads

2. Go through the steps listed and upload your KYC documents.

**NOTE** If your KYC has already been approved in Sekuritance’s System, you do not have to upload ID card, Selfie, or Proof of Residence documents, as they are already stored in the system

3. If you have not previously been approved with Sekuritance, have the following documents handy as you will be asked for them:

● Proof of identity (Passport, Drivers License, or Government-issued ID card) including clear, complete photos of both the front and back of the ID card (or both the front cover and photo page of the Passport).

● Selfie with the proof of identity document and a note reading “Tokenplace IEO May 2021”

4. After twelve hours, the portal will close. There will be a waiting period of up to 48 hours as the Tokenplace team finalizes internal processes.

5. Approved participants will be contacted via email and the TrustSwap Dashboard Messaging System (log in with your registered wallet to see your messages) with allocation details and payment instructions. You will have 24 hours to send the funds.

$TOK will be live on Uniswap on May 21st.

What Should I Do to Prepare for the Offering?

  1. Based on the requirements set for a guaranteed allocation, stake
    your $SWAP tokens here before the deadline mentioned above.
  2. Submit your details and documents at any point during the 12 hours window at https://dashboard.trustswap.org/app/launchpads.

Learn more about Tokenplace

● Website: https://tokenplace.com/
● Whitepaper: https://tokenplace.com/white-paper/
● Twitter: https://twitter.com/TokenplaceTOK
● Telegram: https://t.me/tokenplace
● Announcement channel: https://t.me/TokenplaceAnnouncement
● FAQs: https://tokenplace.com/faq/

Who Can Participate In The TOK Token Offering?

Anyone not domiciled in the USA or UN sanctioned countries can participate in the Tokenplace token sale.

*The eligible countries list is selected by Tokenplace. If your country is not listed, this does not mean you are ineligible for future TrustSwap Launchpad projects.

** Launchpad dates are subject to change. This is not an endorsement, partnership or an offer for investment by TrustSwap. Tokenplace 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.

TrustSwap is a full service digital asset ecosystem focused on smart contract applications. Learn more at https://trustswap.org