TrustFi Network Genesis Report
By: Trustfi Network
Tags: Web3, Report, Defi

Overview

TrustFi successfully listed dual IDOs on BscStation and TrustPad on June 7th, and then listed $TFI on PancakeSwap and BscStation Swap. The followings are the trading addresses:

🎂Trade on PancakeSwap: https://exchange.pancakeswap.finance/#/swap?outputCurrency=0x7565ab68D3F9DaDff127F864103C8c706Cf28235

⚖️ Trading Pair: TFI-BNB

🥞Trade on Bsc Station Swap: https://bscstation.finance/#/swap?outputCurrency=0x7565ab68D3F9DaDff127F864103C8c706Cf28235

⚖️ Trading Pair: TFI-BUSD

📈 Dextools: https://www.dextools.io/app/pancakeswap/pair-explorer/0xb1c508f942c1d1b1a44384bcc92885e43887d0fa

🦎$TFI has been listed on CoinGecko:

https://www.coingecko.com/en/coins/trustfi-network-token

TrustFi has completed TGE, token audit, and token distribution for private investors. Now TrustFi team has locked the LP token on PancakeSwap and the team’s token. The links are as follows:

💵$TFI tokenomics:

https://docs.trustfi.org/trustfi-litepaper/tokenomics

📚Audit to $TFI token contract by Certik:

https://www.certik.org/projects/trustfinetwork

🔒100% of $TFI LP token has been locked for 6 months. Proof:

https://team.finance/view-coin/0x7565ab68D3F9DaDff127F864103C8c706Cf28235?name=TrustFi%20Network%20Token&symbol=TFI

🔒100% of team’s $TFI token has been locked for 12 months. Proof:

https://team.finance/view-coin/0x7565ab68D3F9DaDff127F864103C8c706Cf28235?name=TrustFi%20Network%20Token&symbol=TFI

The follow link is the current top 20 distribution of $TFI holding addresses.

https://docs.google.com/spreadsheets/d/1NB3LAyVRFLrmGQXon8WIleXVCHauHWKnUTHj-qs_n-E/edit?usp=sharing

As of publishment, there are currently 8,925,542 $TFI in circulation, accounting for 8.92% of the total. The current market valuation in circulation is around 536,000$.

Except presale token, there is 5% in total for Economics Growth for 1st year, which will be used carefully in marketing and ecological development in the first year. According to the vesting and token lock rules, there are no more tokens unlocking in following 3 months. TrustFi team will use smart contract methods to lock all tokens and announce to the community according to tokenomics.

A certain marketing token may be unlocked from the Economics Growth address in the short term and used for necessary marketing and lisitng fees. We thought the market valuation of $TFI is very easy to manage for now, and we are confident that the currency price will return to expectations.

As for the unlocking scheme of the $TFI tokens, please refer here:

https://docs.trustfi.org/trustfi-litepaper/tokenomics

Development Updates

TrustFi Auction Procotol has been audited by Certik. The audit report could be found here:

https://www.certik.org/projects/trustfinetwork

Staking+NFT Platform (named TFI More) is being audited by Certik. The code is open resource now. Know more:

https://github.com/TrustFiNetwork/staking_and_nft_mint

The product of PLM (S-IDO model) has been sorted out, and it is expected to enter the development at the end of the month.

TrustFi was recorded by Polkaproject:

https://polkaproject.com/#/project/643

TrustFi got BSC Grant at Hackerlink:

https://hackerlink.io/Grant/BSC/Round/1/detail

TrustFi participated in Blockchain Hackathon @Southeast Asia 1:

https://hackerlink.io/en/grant/GHS/1

Ecosystem Updates

Since the launch of the project, TrustFi has attracted the attention of many supporters. Some backers are listed below.

VCs: AU21 capital, X21 digital, GD10 Ventures, Dutch Crypto Investors, JRR group, Fairum Ventures, Regain Ventures, AVstar Capital, Halvings Capital, Pluto Digital Assets, Space Capital, etc. Influencers: Ash WSB, Money King, Baddie, Gains Associates, ItsBlockchain.com, KoinSaati, Trader Square Fintech, Avalon Wealth Club, ZCRYPTOMAGIC, Kent Capital VC, Chain Ridge Capital, Insignius Capital, Kangaroo Capital, Chilli Padi, ICO Pantera, whitelistIDOs.com, GTA Ventures, etc.

Technology partners: Ferrum Network, Bepro Network, BscStation, prostarter, etc.

Next, TrustFi will carry out in-depth cooperation with all partners. All partnership announcements can be found here: https://t.me/trustfi_channel

Main Events

For now, Joesph Cheung, Co-Founder at TrustFi Network and Simon Lau, Tech Leader at TrustFi dev team attended 7 AMA activities and answered the questions to all community members, which were held in the communities covered including Indonesian, Arabic, Vietnamese, Korean and Hindi group. AMA recaps are as follows.

AMA in Gains Chat Community

(https://twitter.com/trustfiorg/status/1398977444984475650)

AMA in Quora Community

(https://qic.quora.com/On-May-27-we-ve-had-an-engaging-and-informative-AMA-with-Joesph-Cheun-co-founder-and-driver-at-TrustFi-Network-Below?ch=2)

AMA in 판테라의 ICO Community

(https://twitter.com/trustfiorg/status/1400717536438538241)

AMA in Crypto Titan’s Community

(https://twitter.com/trustfiorg/status/1400286844969836550)

AMA in GTA Trading Community

(https://twitter.com/trustfiorg/status/1400144800922312704)

AMA in CryptoNesia Global Community

(https://twitter.com/trustfiorg/status/1399513724432502788)

AMA in Crypto Royals Community

(https://trustfi.medium.com/trustfi-network-ama-recap-519f28bd6bd9)

Airdrop Campains

TrustFi Giveaway Round 3 for Official Group in Discord.

https://twitter.com/trustfiorg/status/1403740626336681985

Community referral campaign for TrustFi IDO with guaranteed allocation upto $1000.

https://bscstation.medium.com/community-referral-campaign-for-trustfi-ido-with-guaranteed-allocation-upto-1000-67b6f14b5e1c

Vote for TrustFi and Support Blockchain Hackathon @SEA Finalist Demo.

https://trustfi.medium.com/vote-for-trustfi-and-support-blockchain-hackathon-sea-finalist-demo-go-trustfi-496d40d10ad

TrustFi NFT AIRDROP for Voting for TrustFi at BSC Grant at Hackerlink.

https://trustfi.medium.com/announcement-trustfi-nft-airdrop-coming-6743c4bea21f

In the Media

TrustFi：BaaSソリューションをDeFiスペースと仮想通貨スタートアップに活用

This article published on jp.cointelegraph introduced TrustFi BaaS solutions, and how it works and the $TFI use cases.

(https://jp.cointelegraph.com/press-releases/trustfi-pouring-baas-solutions-into-the-defi-space-and-crypto-startups)

Seriously, Why Holding $TFI？

This article listed 10 reasons why so optimistic about TrustFi and the logic of holding $TFI.

(https://trustfi.medium.com/seriously-why-holding-tfi-6003e69db227)

TrustFi: Pouring Liquidity Solutions into the DeFi space

This article published on Yahoo Finance introduced TrustFi BaaS solutions and the model used in DeFi space.

(https://finance.yahoo.com/finance/news/trustfi-pouring-liquidity-solutions-defi-010000898.html)

The same article is also published on markets insider.

(https://markets.businessinsider.com/news/stocks/trustfi-pouring-liquidity-solutions-into-the-defi-space-1030479636)

TrustFi: A Multichain-based Decentralised BaaS Solution for DeFi

This article was written by Hitesh Malviya on itsblockchain.com and introduced TrustFi development roadmap and competitive edge.(https://itsblockchain.com/trustfi-a-multichain-based-decentralised-baas-solution-for-defi/)

Top idos to earn big profits in june 2021 | 5 big giveaways 10,000$

This video made by Money King introduced what TrustFi mainly build and the announcement of dual IDOs of TrustFi in 7th of June.

(https://www.youtube.com/watch?v=9Fux6PS1OuU)

TrustFi Review in Details | What is TrustFi | Upcoming IDO to invest in 2021

This video made by Kent Capital introduced what is TrustFi and how TrustFi runs.

(https://www.youtube.com/watch?v=tyOPH0EPYro&t=322s)

Plans

(1)Launch of Staking Pools

We will launch $TFI staking pool and LP token staking pool on PancakeSwap through Ferrum’s Flexible DeFi Staking Platform. Know more from here:

https://medium.com/ferrumnetwork/announcing-the-next-staking-project-trustfi-da760145110

(2)Launch of “TFI More” after Audit

After the audit, TrustFi will launch the original staging and NFT platforms “TFI More” and launch the community node campaign. $TFI will be used and circulated in the ecosystem and the platform.

(3)Lauch of aution protocol and the first IDO

As a community driven incubator, TrustFi will announce the details of the first early project of incubation at the end of this month. GameFi is the focus of our attention. Welcome relevant entrepreneurs to contact us.

(4)Listing on CEXs

We are going to push listing $TFI on CEXs to gain more attention and liquidity, and TrustFi has completed the audit to token contract, and legal opinions and other qualified documents which could be under CEX teams’ review.

(5)User growth plan

TrustFi BaaS products including auction protocol, staking and NFT platform and S-IDO tools need user growth. Feel free to recommend professional plans for user growth or excellent exposure channels. Building multilingual communities, AMA, and airdrop activities are some solutions we adopt now. If you see some good user growth/incentive program being used by other excellent projects, please feel free to tell us, we are very glad to discuss and communicate, and are willing to pay for this and provide rewards. Please Feel free to contact Joesph by TG: https://t.me/bigcatfi

(6)More partnership

Will expand more partnerships to provide greater support for the TrustFi ecosystem. TrustFi has communities, the BaaS platform, early-stage project sources, with strong compatibility in cooperation. Please don’t hesitate to introduce excellent partners to us and become part of TrustFi’s great vision.

(7)Ecological Governance Committee

TrustFi plans to establish the first Ecological Governance Committee before the end of the month. Candidates will be selected among investors and supporters to participate in the co-management of such as the vaults and decision-making on major issues of ecological development.

Let’s connect

If you are a $TFI holder, please put forward constructive comments and suggestions on the Response area without hesitation — we want to hear from you. As rewards, we will airdrop NFT on your address if we adopt your opinion.

Stay updated on the TrustFi’s progress by following on social media channels and communities.

Website | Telegram | Twitter | Medium | Discord | Github | Linkedin