Building a DEX of the future. Trustbar ICO rating – not rated.
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PRE ICO Dates : 31/08/18 – 30/09/18
About Trustbar ICO (token sale)
Decentralized Cross-Chain Exchange
TrustBar is a highly anticipated project that is creating a decentralized cryptocurrency exchange on the NEO blockchain. TrustBar is a decentralized crypto exchange that enables an individual or institutions to trade with another cryptocurrencies and tokens. Using a smart matching engine, TrustBar enables the seamless cross-chain exchanges of currencies and tokens. The exchange will deliver state of the art security while also providing speed and ease of use.
Token Value Adds:
- All qualified token holders will receive a monthly dividend from profits generated from the exchange.
- All unsold tokens to be distributed as Bonus.
- As an added bonus qualified token holders will also receive trading fee discounts
TrustBar is a decentralised crypto exchange that enables an individual or institution to trade with another person or institution’s cryptocurrencies and tokens. The exchange allows for the transfer of value not just intra-blockchain, but also cross-chain, allowing the user to swap tokens from one blockchain to another.
The ultimate goal of TrustBar is to enable cross-chain token exchanges with a single click, through one transaction and on a decentralised exchange. No existing decentralised exchange currently offers this kind of functionality.
TrustBar’s protocol is built on multiple blockchains and systems that support the use of a decentralised exchange. Using a smart matching engine, TrustBar enables the seamless cross-chain exchanges of currencies and tokens.
The user will cross-link multiple wallet addresses on different blockchains, allowing users to pay from one blockchain with a different token/currency to that which will be received on another blockchain.
The market itself will be dynamic, allowing for the unlimited exchange combinations of tokens and currency options.
Importantly, the user is also the custodian of their funds, which is significant in two ways. Firstly, TrustBar offers an additional layer of security, as the funds can never be withdrawn or traded without their signature. Secondly, even if the exchange is offline, funds can be with- drawn directly from the blockchain.
Token Sale and Initial Coin Offering (ICO)
The TrustBar token sale will take place in August 2018. Only 180-million tokens will be issued, of which 108-million tokens will be offered via the ICO. The TrustBar tokens will run on the Neo blockchain and the number of tokens will be limited and will not increase.
The token distribution allocation will be divided or split into 60% for the ICO, 20% for team incentives, 10% to the founding team, 2% for advisors and 8% to the community.