Decentralized Cross-Chain Exchange
TrustBar is a highly anticipated project creating a decentralized cryptocurrency exchange on the NEO platform and issues TSB Token. TrustBar is a decentralised crypto exchange that enables an individual or an institution to trade in cryptocurrency. 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. Using a smart matching engine, TrustBar enables a seamless cross-chain of cryptocurrencies and tokens. Its has a unified user interface that allowing for the use of autonomus smart contracts, which allow users to transact in all availabe crypto assets including being able to buy and sell across chains. What makes TrustBar different from other exchanges is that it enables cross- chain token exchanges to be conducted through a single transaction and on one decentralized exchange platform. Trust board supports dynamic trading pairs that allow users flexibility to choose where they buy and sell token pairs. TrustBar also eliminates the custody risks that played the centralized exchanges, which are the prime target for online security hacks.
Trustbar has tried to do something different with their website but I think it is not user-friendly at all. The interface is difficult to handle. The idea is the same old of the exchange platform, nothing much different from competitors. Trustbar will need a lot of efforts in promoting and marketing their product in the market. Most of the features of Trustbar is the same as other crypto exchanges. They need to work on their website and make it more user-friendly and easy for users to use it and also all the relevant information should be available on the website. Giving monthly dividend is a good thing about it. The roadmap of the platform seems new and young, will need a lot of efforts to make it a success. The token sale structure also does not look very impressive. There is no information related to their team members on the company’s website.Rated on 2018-09-18
Beta desktop version.
Develop operating model & governance.
Liquidity Lake - Beta release.
Proof of concept.