TrustSwap Review (2025): Best Decentralized Launchpad?

By Shraddha

Last Updated: Jan 14, 2025

Fact checked

By Manisha Mishra

Crypto launchpads were created to address the growing demand for crypto project fundraising. Founded in 2020, TrustSwap is a Web3 platform that offers a decentralized launchpad for the most promising blockchain projects. This TrustSwap review explains the platform’s core features for retail crypto users and businesses.

I’ll focus on the TrustSwap launchpad, highlighting key aspects and requirements for participating in early-stage funding. I’ll also show how enterprises can launch their own token projects on the site.

Key Takeaways on TrustSwap

Before I go into details regarding the platform, here are my main takeaways from this TrustSwap review.

  • Decentralized Launchpad: The TrustSwap Web3 ecosystem is one of the first to offer Initial DEX Offerings (IDOs), where new projects list their tokens on a decentralized exchange (DEX). As a multi-chain launchpad, TrustSwap supports various crypto networks such as Ethereum, Solana, BNB Chain, and Base.
  • Over $100 million total funds raised: Since its release, TrustSwap has launched 76 crypto projects, cumulatively raising over $100 million through launchpads. This includes popular Web3 platforms like Kvants.AI, AITECH, and Anote Music.
  • Fundraising participation through staking: To participate in early-stage token offerings on the TrustSwap Launchpad, users must achieve a SwapScore of around 4,000, the typical requirement for launchpad projects. The SwapScore increases as a user stakes more $SWAP tokens and increases the lock-in period (maximum of 5 years).
  • Continuous innovation: As an active platform, TrustSwap continues to release new offerings to support the growing needs of its community. According to the site’s blog page, TrustSwap has added an incubator and an onboarding program for large enterprises.
  • Why I think Best Wallet is better: Although TrustSwap has impressive figures regarding its launchpad, I believe there are better alternatives in the crypto space for those looking to invest in early-stage token projects. Specifically, I think Best Wallet, a leading non-custodial crypto wallet, is a better option with its Upcoming Tokens launchpad built into the app.

What is TrustSwap?

TrustSwap is a decentralized financial ecosystem with an Ethereum smart contract that offers Web3 and decentralized finance (DeFi) tools. The TrustSwap Launchpad is the platform’s most popular offering and features projects with an average 10x performance.

trustswap

In 2020, the TrustSwap native token ($SWAP) launched on the Ethereum network and gained traction as users invested in the cryptocurrency and contributed to the project’s growth. This enabled the TrustSwap development team to improve the platform and expand further.

Since then, TrustSwap has launched multiple successful token projects across various blockchain networks, including the following:

  • Ethereum
  • Polygon
  • BNB Chain
  • Solana
  • Algorand
  • Avalance
  • Base
  • BLAST
  • Mantle

How Does the TrustSwap Launchpad Work?

The $SWAP token plays a vital role within the TrustSwap ecosystem, mainly through the launchpad utility it provides token holders. Users typically need a 4,000 SwapScore staking to participate in launchpad projects.

The SwapScore is calculated by multiplying the number of $SWAP tokens by the staking multiplier. The multiplier ranges from 1x to 10x, based on the lock-in period. The minimum 30-day lock-in period yields a 1x multiplier, while the maximum 5-year lock-in period gives a 10x multiplier.

Other crypto launchpad services use a first-come, first-served system, usually hosted by bots that automatically allocate slots prior to the investors’ participation. The downside to this protocol is that many individuals miss out or fail to join during the exact time the platform launches or do not pay high enough network transaction fees to secure an investment.

Through TrustSwap’s guaranteed token allocation for eligible $SWAP staking holders, participants have a 24-hour window to buy new high-risk, high-reward tokens at favorable rates.

TrustSwap Consumer Services

TrustSwap offers three main products for the everyday crypto enthusiast and investor. Let’s break down each of them in this section.

Crypto Launchpads

Connecting to the TrustSwap Launchpad gives users the opportunity to invest early in upcoming top defi coins and crypto projects. Here’s how individuals can join any forthcoming launchpad in TrustSwap projects:

  • Get a crypto wallet and add ETH and $SWAP tokens.
  • Connect your wallet on the TrustWallet Launchpad Dashboard.
  • On the Long Term Staking window, enter a new stake and input the stake amount and lock-in period.
  • The platform automatically calculates your SwapScore based on the stake amount and period, so ensure that you have a SwapScore of at least 4,000. Click ‘Stake Now.’
  • Go to ‘Launchpads’ and click on a launchpad project you want to participate in. Follow the instructions to complete your participation.

Once a $SWAP holder’s application is reviewed and approved to participate in a launchpad project, they’ll receive an email with the amount they can pledge, the deadline, cryptocurrency, and network to use, as well as the deposit address.

trustswap launchpads

Furthermore, crypto projects on the TrustSwap launchpad have all been vetted by a team of blockchain experts who carefully assess the early-stage tokens before approving them on the platform. All launchpad projects on the site must provide a vesting period for their tokens to ensure transparency for all parties involved.

Easy Management Through the Crypto App

The TrustSwap ecosystem previously acquired the Crypto.app, an all-in-one mobile token management system. At the time of writing, the app has over 5.1 million downloads across Android and iOS devices. It also has an average of over 4.5 out of 5 stars from more than 84,000 reviews.

The Crypto App users can use the platform’s coin tracker to create customizable digital asset watch lists and set up dynamic price charts. Additionally, the built-in portfolio manager enables individuals to connect their exchange accounts to monitor the current value of all their crypto holdings.

Other features include a personalized crypto news feed, home screen widgets, and customizable price alerts to help users stay updated on token trends and price movements of the best crypto to buy. The Crypto App includes 2 integrated price aggregators and supports API connectivity with over 120 exchanges. Free and paid subscription plans are also available.

Long-Term Staking Scheme

TrustSwap’s previous staking scheme for launchpad participation used to provide just a slight bonus for long-term token stakers. Now, the platform’s latest staking scheme, the Long Term Staking Pool (LTSP), is available across four proof-of-stake chains: Ethereum, Polygon, Avalanche, and Binance Smart Chain.

trustswap staking

LTSP provides more rewards for long-term participants, allowing them to earn up to a 10x multiplier. The new scheme also allows TrustSwap token holders to participate in more launchpad projects without having to spend any more fiat or trade tokens to buy more $SWAP. Instead, users can just increase their staking period until they get the SwapScore to be eligible for the launchpad project.

TrustSwap Business Services

TrustSwap’s crypto enterprise solutions help businesses build, trade, and distribute crypto assets. Let’s go through the suite of B2B offerings by the Web3 ecosystem.

Launchpad Application

I mentioned earlier how retail crypto users can participate in launchpad projects, but TrustSwap also helps with the launchpad process for businesses looking to launch the next crypto to explode. Through TrustSwap’s Launchpad & Incubator Application, users can select three paths for business development:

  • Incubation – For projects still in the foundational phase needing guidance on tokenomics, marketing strategies, exchange listings, and other elements to get started.
  • Launchpad – For projects that already established their tokenomics, private funding rounds, and exchange partnerships and are ready to attract investments.
  • Consultancy – For projects that need a little more refining and reviewing before fully committing to incubation.

Token Creation

Team Finance, a token management company bought by TrustSwap in 2020, offers a token creation service without coding or any technical expertise. For a limited time, token creation is free and requires a gas fee.

trustswap token creation

This service follows three simple steps for token creation: connecting a crypto wallet, setting token options, and deploying the token after launch. Additionally, tokens come with pre-audited smart contracts. Users can even add special features for the tokens, including a deflationary burning mechanism and minting on demand.

So far, over 14,500 tokens have been created through Team Finance and TrustSwap, and the token creation platforms support over 22 blockchains. Team Finance revenue goes directly into a buyback program.

Token Lock

Another B2B service that TrustSwap offers through Team Finance is token lockups. This service helps token project creators create locks or vesting periods for their tokens, boosting community and investor trust.

TrustSwap’s lockups through Team Finance aren’t limited to just tokens. Here’s a list of all the locking services offered:

  • Token Locks – Build trust and accountability by securing tokens with a reliable staking mechanism.
  • Liquidity Locks – Reinforce investor confidence and maintain trading stability with secure liquidity protection.
  • NFT Locks – Preserve the long-term value of NFTs while showing a strong commitment to your project’s future.

NFT Solutions

Through its partnership with NFT (Non-Fungible Token) solutions provider Swappable, TrustSwap can help businesses with their NFT projects as another means of exposure in the Web3 environment. Swappable is a white turnkey solution that offers project execution and white labeling services for interested enterprises.

trustswap nft

One of the main reasons businesses want to enter NFTs and Web3 is through branding and digital touchpoints. Through Swappable, companies can engage with their customers and reach potential brand advocates through community-building. NFT platforms can also provide new business opportunities and income streams.

TrustSwap Launchpad Features

Now that I’ve explained TrustSwap’s individual and business-facing offerings, let’s explore the specific features of the platform’s Launchpad in this section of my TrustSwap review.

Comprehensive Launchpad Platform

The TrustSwap Launchpad is an end-to-end launch platform, meaning users can complete the entire early-stage participation process without switching apps. Effectively, users can buy new crypto before listing on top exchanges and before the tokens have a chance to take off.

Adding to the platform as a full-service crypto launchpad, TrustSwap supports 4 blockchains for staking $SWAP and 9 chains for projects. Still, users must buy and stake SWAP tokens to participate in the launchpad projects. Based on the current $SWAP price as of writing, this amounts to a minimum of around $50 (with a 5-year staking period) and up to $500 (30-day lock-in).

SmartLocks & Project Screening

As mentioned earlier, TrustSwap’s token lockups through Team Finance ensure trustworthiness and transparency for crypto projects and their communities. Called ‘SmartLocks,’ the token, liquidity, and NFT lockups create a safe environment where investors remain confident in participating in the decentralized crypto presales on the TrustSwap ecosystem.

While TrustSwap has helped launch over 70 crypto projects in almost half a decade, the site’s vetting team of blockchain experts carefully reviews each early-stage token.

Earn Crypto While Participating in IDOs

Staking $SWAP tokens is a requirement for joining IDOs. While this may be a barrier to entry, individuals interested in participating in the platform’s IDOS could see the staking requirement as an additional passive income opportunity.

Essentially, TrustSwap users have two means of investing in the crypto launchpad platform: earning token staking yield of up to 3.6% APY (annual percentage yield) and early-stage project stakes. Some projects even have token airdrop events, giving more passive earning opportunities for early adopters.

Top Projects Launched on TrustSwap

TrustSwap top projects

Even before Web3 and crypto community projects became popular, TrustSwap followed today’s blockchain project model, combining decentralized fundraising and retail investor engagement. Let’s go through the top crypto launches facilitated by TrustSwap.

CellFrame ($CELL)

CellFrame is a quantum-safe, scalable, and interoperable blockchain protocol that provides a secure environment for developers to build and manage blockchain projects. The decentralized platform has low transaction fees and requires no mining to secure the network.

The native token, $CELL, launched on TrustSwap with an initial listing price of $0.10 per token. At its peak, the crypto yielded 7,110% unrealized gains for investors, and its current price growth over the past year is 313%.

SOLIDUS AI TECH ($AITECH)

Another successful project from TrustSwap is SOLIDUS AI TECH ($AITECH), the first-ever deflationary AI utility token. The platform aims to make AI computing more accessible by offering businesses and organizations high-performance computing (HPC). It also has an energy-efficient approach when providing HPC, helping reduce costs and lowering the network’s environmental impact.

The $AITECH token presale on TrustSwap initially listed the crypto at $0.012 per token. As of writing, $AITECH is priced at $0.0879, representing a 632% gain for early adopters.

Alpaca Network ($PACA)

The Alpaca Network ($PACA) AI project featured its public funding round through the TrustSwap Launchpad. This decentralized AI project makes it easy for developers and individuals to create and manage AI solutions. The network is like an AI app store that allows businesses and developers to buy and sell different AI solutions.

The $PACA native crypto’s $0.0025 initial listing price enabled early investors to buy many tokens and support the project’s development. Currently, $PACA is worth $0.0069 per token, giving the first few token holders 175% returns.

How to Launch a Project on TrustSwap

Those with token ideas or early-stage crypto projects that need help optimizing the launch can apply for the TrustSwap Launchpad and Incubator. This walkthrough explains the entire process.

Step 1: Open the Launchpad Application

Visit the TrustSwap website and click ‘Apply for Launchpad’ under the Products dropdown menu. This will open a Google form you can fill out. No fees are required for the application process of any new cryptocurrency launch project.

trustswap apply

Step 2: Fill Up the Form

At the start of the form, you’ll need to choose one path among the incubation, launchpad, or consultancy options I covered earlier. Select the path most suitable for your project. Next, fill in the following information:

  • Legal entity information
  • Project information
  • Token information
  • Project financing and tokenization
  • Financials

Step 3: Advertise with The Crypto App (Optional)

trustswap crypto app

Near the end of the application form, TrustSwap offers a 30% discount for businesses interested in advertising their token project through The Crypto App. Popular ad formats include banner ads, sponsored blog posts, and push notifications. Those who want to avail of the service in the future can indicate their interest on the form.

Step 4: Wait for TrustSwap’s Response

After completing the form, you can wait for the TrustSwap team to contact you regarding your launchpad application. For questions or support concerns, you can contact TrustSwap through their official social media channels, such as Telegram, Discord, and X.

Who’s Behind TrustSwap?

TrustSwap was founded in 2020 by Jeff Kierdeikis, the former CEO of the blockchain social media platform Uptrennd. When TrustSwap was established, Kierdeikis was the CEO and held the role for 3 years until product director Naim Boughazi replaced him. At the helm, Boughazi is joined by COO Ivan Anastassov and CMO Onuora Amobi.

Today, the TrustSwap team comprises over 70 international members and previous employees from stalwarts Intel, Goldman Sachs, KPMG, and more.

TrustSwap ($SWAP) Token

The TrustSwap ($SWAP) utility token operates across four networks: Ethereum, Polygon, Avalanche, and the Binance Smart Chain. It powers the TrustSwap ecosystem by offering staking benefits to token holders through the TrustSwap LTSP. Users who stake a certain number of $SWAP and reach the minimum 4,000 SwapScore can participate in the TrustSwap Launchpad.

Recently, the TrustSwap team introduced potential new utilities for $SWAP. Features like discounts on products and services paid in $SWAP and access to other TrustSwap ecosystem offerings might be in the pipeline. However, these additional utilities were just brainstormed, and the developers will need more time before they come to fruition. Users can stay tuned for the latest updates through TrustSwap’s official social media channels.

Is SWAP a Good Investment?

The $SWAP was released in July 2020 and was priced at $0.043 per token at launch. In April 2021, it reached an all-time high of $5.00 per token, an over 116x increase from its initial listing price. However, the $SWAP significantly dropped in the years after its peak and currently sits at $0.115 per token.

With trading volume averaging in the six digits and a market cap of $11.4 million, $SWAP seems like a worthwhile investment only for those who wish to integrate into the TrustSwap ecosystem. Looking at the $SWAP token itself as a lone investment, the crypto has some upside potential. Still, without any significant developments, we don’t expect any major gains to be made with this cryptocurrency.

TrustSwap Pros and Cons

Pros
  • Launched 75+ crypto projects, raising $100 million cumulatively
  • Multi-chain project compatibility
  • Full-service token launchpad platform
  • Wide cryptocurrency and blockchain support.
  • Extensive project screening and smart contract auditing
Cons
  • High barrier to entry, requiring 400 $SWAP tokens to participate
  • Users must stake tokens to access the Launchpad
  • Mediocre user experience
  • Low investment potential native token

Is TrustSwap the Best Crypto Launchpad?

While TrustSwap has a solid foundation as one of the key players during the growth of decentralized launchpads, I believe Best Wallet is a better platform for finding and participating in pre-launch token projects for several reasons.

For one, Best Wallet’s Upcoming Tokens launchpad has a lower barrier to entry than the TrustSwap Launchpad. Gaining exposure to launchpad projects on TrustSwap requires at least 400 $SWAP tokens (worth around $50 as of writing).

Best Wallet Landing Page

On the other hand, Best Wallet’s launchpad has no minimum requirement. Holders of the native crypto, $BEST token, can participate in presale projects and purchase other launchpad tokens within the platform.

Additionally, Best Wallet offers a more refined and seamless user experience and interface. Based on my Best Wallet review, the app has an intuitive design that is suited for beginners and experienced crypto users.

best wallet upcoming tokens section

With TrustSwap, users must get a separate crypto wallet to connect to the platform before they can stake and join launchpads. Since Best Wallet is already a crypto wallet that supports over 60 chains, individuals can stay on the app and use the integrated Upcoming Tokens launchpad to find new crypto opportunities.

Conclusion

TrustSwap has the figures to prove that it’s a crypto launchpad that has given investors and creators massive gains. However, I believe that a better alternative in Best Wallet has more preferable user-friendly features, token projects, and interface than the half-a-decade-old platform.

To find new crypto project opportunities today, download Best Wallet today and purchase the $BEST token to get exclusive access to the Upcoming Tokens launchpad.

Visit Best Wallet

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Disclaimer

Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

Shraddha
Shraddha
Editor

I was introduced to crypto because the television news studio I worked in was doing a segment on the sector.  The world was talking about Bitcoin but it wasn't quite the phenomenon it is today. The journalist in me rushed... Read More

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