TrustFi Launchpad

TrustFi Network is a decentralized platform developed on the basis of blockchain. In fact, it is a provider of BaaS systems focused on the DeFi segment. TrustFi aims to form a fair DeFi ecosystem, becoming one of the key additions in the Web 3 space.Date of foundation: in 2021
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Core team of TrustFi

  • Joseph Cheng (CEO & Co-Founder)
  • Robert Crypp (Operating Partner)
  • Salimcan Satici (Lead Designer)
  • Hristopher (Head Community Manager)

More info about TrustFi Launchpad

TrustFi, apart from everything, acts as a multichain workspace, launching a range of crypto products in its ecosystem as liquidity management tools, a functioning community driven DAO, unlocking the full potential of the DeFi direction. And also provides a solution as a platform for Initial DEX Offering (IDO), Initial NFT Offering (INO) and Private Sales. Thus, TrustFi gives blockchain startup developers the opportunity to raise the necessary capital for development projects, and gives investors access to buy tokens of promising early-stage crypto projects at very low prices. So, the architecture of the TrustFi Launchpad involves the IDO lottery system with the ability to participate using the First Come First Served (FCFS) mechanism. This means that in order to participate in IDO on the TrustFi platform, one must hold a certain number of TFI tokens in the staking pools. This model implies that allocation is guaranteed. To incentivise stakeholders and improve cost efficiency, TrustFi implements a rating system for staking, divided into several Tiers:

  1. Bronze – 10000 TFI
  2. Silver – 20000 TFI
  3. Gold – 30000 TFI
  4. Platinum – 40000 TFI

Each pool has its own holding period and is endowed with ticket multipliers. That is, the higher the level and period of staking, the more tickets for participation in IDOs an investor receives. There is also a Flash Private Sales (FPS) model whereby stakeholders have the opportunity to participate in private token sales with additional benefits. You can read more about the pools and the allocation system on the TrustFi Launchpad in the official ecosystem documentation.

Token TFI

A TFI token is an internal token that is a utility token and the main unit of account in TrustFi, preserving the value of the ecosystem. TFI can be used to manage the protocol within governance mechanisms, generate revenue during interactions with ecosystem products, including staking, farming and rewards for participation in IDO, INO, IGO on the launchpad. TFI is also a digital asset that provides high security to holders.

Key metrics of TrustFi Launchpad

Launched of categories

  • GameFi – 31.3%
  • DeFi – 25%
  • Blockchain Service – 25%
  • Meme – 6.3%
  • Social – 6.3%
  • CeFi – 6.3%