TrustSwap Expanding Digital Asset Services with DigitalBits Integration
Focus on Launchpad Service and Incubator Program
The integration focuses among others on TrustSwap’s launchpad services that have already facilitated the launch of numerous crypto projects, and will soon be available to projects looking to leverage the DigitalBits Network. After the DigitalBits mainnet token swap event, TrustSwap will work on the integration of its toolset on the DigitalBits chain. Projects will be able to easily generate, lock, and distribute new tokens on the DigitalBits network aided by secure, fully-audited smart contracts.
“I am very pleased to add DigitalBits to the growing list of protocols supported by TrustSwap,” said Jeff Kirdeikis, TrustSwap CEO. “Consumer assets are a category that has persisted for millennia, and the tokenization of these assets has the potential to unlock enormous amounts of value. Through TrustSwap’s launchpad services, we can help streamline the launch process for projects developing within this sector, accelerating the rate at which great ideas are brought to fruition.”
An additional step of the integration involves the participation of DigitalBits on the TrustSwap Incubator Program. This action will enable further development of the network including facilitating connections with exchanges, cross-chain DEXs, fiat on-ramps and KYC partners. Additionally, TrustSwap will work closely with the DigitalBits Foundation to connect the DigitalBits Blockchain with The Crypto App, enabling token balance checks.
TrustSwap’s Exponential Growth
- Top 100 DeFi project according to CoinGecko with 45M+ USD market cap
- SWAP Token has 1M+ USD in trading volume
- 50M+ USD worth of SWAP Tokens are staked from 11,000+ unique addresses
- 1.5B+ USD is locked on the SmartLocks platform by 6000+ unique projects
- 55k+ followers on Twitter & 12k+ on Telegram
TrustSwap’s Support for Projects Building on the DigitalBits Infrastructure
TrustSwap is excited to become an integral part of the DigitalBits ecosystem and contribute further to the expansion of its infrastructure.
Newly launched projects provide the opportunity for the digital assets ecosystem to flourish and become an integral use case among a spectrum of industries. Bridging key blockchain-based services with new protocols such as DigitalBits, yields enormous potential to revolutionize the way digital assets operate. We expect that by adopting services like the TrustSwap Launchpad, projects can streamline the launch process so that the internal teams behind can focus on their operational requirements.
“TrustSwap has established themselves as one of the leading launchpad solutions in the blockchain industry,” said Michael Gord, DigitalBits Foundation Managing Director. “They have been integral in the launch of several projects already, and now the builders within the DigitalBits ecosystem will have readily available access to the tools necessary to make their visions a reality.”
The DigitalBits blockchain allows projects to easily launch their own digital asset on-chain. These types of assets are known as branded digital assets and may come in the form of a digital currency, stablecoin or non-fungible token (NFT). Branded digital assets such as loyalty points, rewards and store credit, are designed to support heightened levels of consumer engagement, market intelligence, and overall value that consumers can spend everyday.