TrustSwap Acquires ‘The Crypto App’

Trustswap The Crypto App

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This acquisition comprises both the Android and iOS apps with over 1.9 Million downloads as well as the domain https://thecrypto.app/ .

TrustSwap continues forging the foundational toolset for the decentralized economy.

TrustSwap has put together a robust ecosystem offering a token generatortoken locksliquidity lockstoken swapsescrow contractstoken vestingfarming poolsa best-in class launchpad, and an upcoming NFT marketplace in under a year.

The TrustSwap ecosystem is steadily expanding via new developments. TrustSwap has formally acquired The Crypto App and has incorporated its technology and team members into the TrustSwap family of DeFi services. This acquisition comprises both the Android and iOS apps with over 1.9 Million downloads as well as the domain https://thecrypto.app/ .

In most countries, The Crypto App ranks 3rd when searching “crypto” on Android.

How big of a deal is this acquisition?

A similar type of acquisition took place in the market in 2020, when FTX purchased Blockfolio (currently 6M downloads) for $150 Million USD. This figure translates to about $25 per user.

With the Crypto App having more than 1.9M downloads, at a $25 per user market valuation, this acquisition is estimated to be worth over $47.5 Million USD.

What is the current status of “The Crypto App”?

TrustSwap has great plans to upgrade and improve The Crypto App with regards to usability and feature updates that are discussed in the next section.

To begin with, let’s go over what The Crypto App already  has incorporated into the app:

A coin tracker, comparable to Coingecko/CoinMarketcap, with the addition of Advanced charts.

A wallet where users can buy, sell, send, and trade cryptocurrencies. This feature will go offline for the acquisition and be reinstated at a later date.
A gateway for users to connect portfolios to exchanges to be able to track their balances as well as gains and losses in real-time.
Alerts sent directly to the phone to let users know about significant price changes.
The widgets feature can be added to the home screen of the mobile device so that users can watch the price of their favorite cryptocurrencies.
The news feed aggregates the top crypto news publications in the world so that users can easily stay informed about recent developments and important events in the blockchain space.

The Crypto App is already a fantastic tool for crypto users, ranking at the top of the Android app store. TrustSwap is now ready to take it to the next level.

The Next Evolution

TrustSwap is planning to develop a number of features to extend the usability and functionality of the already successful version of The Crypto App.

Marketing & User Onboarding

TrustSwap will be supporting with an additional designated team of operations managers, R&D personnel, and marketing personnel with the ambitious goal of making The Crypto App, the most downloaded crypto application on both iOS and Android devices across the globe.

This growth is going to be fueled by innovative marketing campaigns and integration of an extensive set of features added to any mobile crypto app to date!

All-In-One Service Aggregator

In addition to the plethora of features already implemented by The Crypto App, TrustSwap will be entering into multiple partnerships within the crypto industry to bring a comprehensive set of functionalities into The Crypto App.

Rather than building its own software to provide buying, selling, trading, borrowing, lending, staking, and farming services, TrustSwap will directly integrate into the app software that is already built and battle-tested by successful DeFi projects.

The Benefit to SWAP Holders

The SWAP Token

Full details will be revealed at a later stage, however, a few options being considered are:

1) The SWAP token is integrated directly into The Crypto App. Holding the SWAP token will provide price discounts or APY boosters on services offered in-app along with additional advantages.

2) A new TCA token is launched. A large portion of the TCA token will be distributed to SWAP holders throughout multiple airdrops to encourage the purchasing and staking of SWAP tokens long-term. The TCA token utility would also provide price discounts or APY boosters on services offered along with some extra benefits.

3) Something else…

**The first stage of the app will be improving and developing the app itself, including integrating the software partners for in-app buying, selling, lending, borrowing, staking and so forth. There are no decisions being made in regards to the tokenomics of the app yet. A decision serving TrustSwap and the SWAP token holders the most will be made after weighing all pros & cons.

The TrustSwap Launchpad Ecosystem

The Crypto App has an extensive international audience that is continuously growing. The app will be used to integrate selected launchpad partner services directly into the app.

The app will also act as an educational platform to inform the users about current and former launchpads. SWAP token stakers could see additional in-app benefits like free access to premium features.

— — — — —

* To download The Crypto Application, visit https://thecrypto.app/
** TrustSwap tokens can be purchased at any of the following exchanges detailed
here .

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Opulous, TrustSwap bring Music NFTs and DeFi loans

Opulous is set to collaborate with TrustSwap for their upcoming ASA $OPUL token offering on June 30th 2021 starting at 9:00 AM PST.

OPULOUS is the world’s first platform bringing Decentralized Finance to the music industry. The project will provide a launchpad for the first copyright-backed Music NFTs, as well as DeFi loans that would change the way artists access funding.

The platform will offer users the option of choosing Ethereum or Algorand as a blockchain for their tokens. In conjunction with Algorand, Opulous is building a bridge that will facilitate transfers between the two blockchains.

Meanwhile, partnerships and agreements are being established with major exchanges to support their multichain ETH/ASA $OPUL token. Users will be able to deposit ETH tokens, then withdraw ASA tokens, and vice versa.

Opulous OPUL TrustSwap Rand Labs R3 DITTO ALGORAND SOMESING BASIC TRUSTVERSE MUSIC NFT Music DeFi Loans

The Opulous platform has three main functions:

  • NFT Launchpad
  • NFT Exchange
  • DeFi Loans

Opulous Music NFTs are a new form of Non-Fungible Token that entitles holders to a share of a song’s future royalty earnings, and other exclusive rewards, in exchange for social media support.

Opulous peer-to-peer DeFi loans cut out traditional banks, middle-men, and major labels, allowing artists to access up-front cash based on the predictable royalties they generate over 12 months.

The Opulous Ecosystem

NFT Launchpad

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Opulous is the first platform to launch copyright-backed Music NFTs. Unlike other NFTs, Opulous tokens offer holders a share in the music’s future royalty earnings alongside exclusive rewards and fan experiences.

Whoever owns these groundbreaking NFTs will get paid every time the song is played on Spotify and other major music services. That also means their value can increase as an artist’s career progresses.

Fans and investors will not only receive royalty payments, but also be able to unlock other exclusive rewards such as backstage passes, gig tickets, and merchandise, simply by sharing the music on social media.

NFT owners can also track and withdraw their earnings directly from their Opulous account and trade their NFTs on the upcoming Opulous NFT Exchange.

NFT Exchange

The Opulous NFT Exchange creates a new sharing economy based on music where anyone can buy and trade copyright-backed Music NFTs to earn a share of the royalties generated.

For example, a music fan could find an underrated song they know is going to become more popular over time.

They can buy it as an Opulous NFT, support an upcoming artist right from the start of their career and earn ever-increasing rewards as the track becomes more valuable while gaining popularity.

DeFi Loans

Opulous OPUL TrustSwap Rand Labs R3 DITTO ALGORAND SOMESING BASIC TRUSTVERSE MUSIC NFT Music DeFi Loans

Opulous offers low-risk DeFi loans backed by real-world music assets and future royalties.

Despite earning a stable royalty income, too many artists are turned away by traditional banks or forced into unfair deals with major labels.

By evaluating an artist’s royalty reports from previous years, Opulous can accurately predict how much money the artist will generate over the next 12 months and offer this amount as a loan.

On the other side, investors can stake their crypto assets on the platform to generate high returns. Unlike most DeFi platforms, Opulous loans are always backed by predictable music assets vetted by the expert team, which greatly reduces risk on investment. In order to avoid loan defaults, Opulous will hold the copyrights used as collateral until the full amount is paid back.

Token Economy

Transactions within Opulous will use the platform’s native $OPUL token, which has a fixed supply and can be purchased through multiple decentralized and centralized exchanges. Users will also be able to purchase NFTs directly using credit or debit cards.

Users can stake $OPUL tokens in high-interest lending pools. Token holders will also receive special discounts on certain transactions as well as exclusive access to NFT drops from major artists.

Opulous OPUL TrustSwap Rand Labs R3 DITTO ALGORAND SOMESING BASIC TRUSTVERSE MUSIC NFT Music DeFi Loans

Opulous Team and Advisors

Opulous has attracted a senior team and board of expert advisors from across the music and crypto worlds.

Opulous OPUL TrustSwap Rand Labs R3 DITTO ALGORAND SOMESING BASIC TRUSTVERSE MUSIC NFT Music DeFi Loans
Opulous OPUL TrustSwap Rand Labs R3 DITTO ALGORAND SOMESING BASIC TRUSTVERSE MUSIC NFT Music DeFi Loans

Opulous(OPUL) Token Offering Details

Opulous OPUL TrustSwap Rand Labs R3 DITTO ALGORAND SOMESING BASIC TRUSTVERSE MUSIC NFT Music DeFi Loans
Opulous OPUL TrustSwap Rand Labs R3 DITTO ALGORAND SOMESING BASIC TRUSTVERSE MUSIC NFT Music DeFi Loans
Opulous OPUL TrustSwap Rand Labs R3 DITTO ALGORAND SOMESING BASIC TRUSTVERSE MUSIC NFT Music DeFi Loans

$OPUL – Secure Launch Process

To guarantee a smooth and secure launch, Opulous has agreed to:

  1. Have their domain fully SSL certified one week prior to the presale date.
  2. Have their domain protected by Cloudflare and share proof with TrustSwap one week prior to the presale date.
  3. Disclose the vesting schedule of all tokens, including team, strategic investors, private presale, influencers, etc.
  4. Add no less than $200,000 liquidity on DEX immediately upon listing.
  5. Distribute tokens to launchpad participants within one hour of DEX listing using multisend.io.
  6. Lock liquidity within 3 hours of listing for no less than 60 days at http://team.finance/.
  7. Provide the timeline for token distributions, and distribute tokens within a one hour window of the agreed upon time.
  8. 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 DEX.

OPUL tokens – Participation and Allocation 

Anyone can apply to participate in the $OPUL token offering as long as they’re eligible in their given territory, including those outside the TrustSwap ecosystem. However, application does not guarantee an allocation.

If the $OPUL token offering is over-subscribed priority will be given to the TrustSwap community as follows:

  • Anyone with over 4,000 SWAP staked or a SwapScore over 2500 when the launch begins (Snapshot is at 9 AM PST on June 30th, 2021) will be given a guaranteed allocation based on the tiers in the table below.
Opulous OPUL TrustSwap Rand Labs R3 DITTO ALGORAND SOMESING BASIC TRUSTVERSE MUSIC NFT Music DeFi Loans

Step-By-Step Guide

1. Between 9 am PST of June 30th, 2021 and 9 am PST of July 1st, go to https://dashboard.trustswap.org/app/launchpads

2. Complete the necessary steps and verify your identity.

3. The portal will close once 24 hours have elapsed. There will be a waiting period of up to 48 hours as the Opulous team finalizes internal processes.

4. If your application is successful, you will receive an email indicating how much you are able to contribute to the token offering. You will have 24 hours to send the funds or your position will be given to the others.

What Should I Do to Prepare for the Opulous ($OPUL) token Offering?

Based on the requirements set for a guaranteed allocation, stake your $SWAP tokens here before the deadline mentioned above.

Take a photo of your government issued ID card (Passport, Drivers License, or any other form of government issued ID card that has your photo in it).

Take a selfie of yourself holding the ID card along with a note that reads: “Opulous 30th June 2021”.

Submit your details and documents at any point during the 24 hours window at https://launchpad.trustswap.org/.

Where Can I Learn More About Opulous (OPUL)?

Website: https://opulous.org/

Medium: https://opulous.medium.com/

Telegram : https://t.me/opulousapp

Twitter: https://twitter.com/opulousapp

Reddit: https://reddit.com/r/opulous

Who Can Participate in Opulous token sale?

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

*The eligible countries list is selected by Opulous . 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. Opulous 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.

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Trustswap SaveTheWorld

TrustSwap and SaveTheWorld Partner to boost Donations for Eden Reforestation Project

Cryptocurrencies are often blamed for significant environmental damage, no matter the progress already being made in that sphere. Making the world a greener place hasn’t been a once-in-a-while shot for TrustSwap but rather a continuous, evergreen effort. Our partnership with the Eden Reforestation Project has been one of the ways to support this cause.

Eden Reforestation Projects is a 501(c)3 non-profit organization that began operations in 2005 with a simple mission: Plant Trees. Save Lives.

Eden has developed an efficient model for reforestation with nurseries set up in Madagascar, Haiti, Nepal, Indonesia, Mozambique, Kenya, Nicaragua, and Honduras and planted more than 500 million trees across its project nations with approximately 20 million trees added each month!

They achieve this by using the contributions received to open nurseries in deforested regions and pay impoverished communities a living wage to plant seedlings of native trees and nurse them to maturity (~10 years). This synergistic cycle helps nurture and revive both the forests and the communities that depend on them.

Today we are delighted to announce a new level of support for Eden. Every month, the SaveTheWorld project will host a charity livestream for Eden and donate BNB on behalf of TrustSwap to the Eden Reforestation Project. With a cost of only ten cents per tree, we are assuring an on-going endeavor to continually plant trees and raise them to full maturity while also employing people in developing areas. The deal is being inked for the next twelve months and we can’t wait to report the number of trees planted by this time next year!

Click here to watch Jeff’s interview with the SaveTheWorld team and the first donation of 6 BNB

SaveTheWorld ($SAVE) is a hyper-deflationary charity token that allows for frictionless rewards while taxing and generating fees per transaction. For each transaction, a 10% tax is charged. 2% will be distributed amongst SaveTheWorld token holders providing frictionless yield rewards and the remaining 8% goes to liquidity.

50% of liquidity generated will be removed each day with 100% of the $BNB going to charity and 100% of the $SAVE tokens burned forever. SaveTheWorld is using a Gnosis Multi-Signature Wallet to handle the donations in a transparent way.

Please read more about Eden Reforestation Project and learn how you can get involved or donate directly at: https://edenprojects.org/.

To know more about the SaveTheWorld charity initiative powered by the $SAVE token, visit savetheworld.health.

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