Carbon Token Offering on TrustSwap

Published on: 26.05.2021
Carbon Token Offering on TrustSwap

Carbon collaborates with TrustSwap to aid in the execution of their token offering on May 26th, 2021 at 9:00 AM PST.

The Carbon token offering will be executed by leveraging the TrustSwap Launchpad. Upon the successful conclusion of the offering, a Uniswap pool will be created on May 31st, 2021 and trading of $GEMS can commence.

TrustSwap technology utilizes simple and secure peer-to-peer transactions via TrustSwap SmartLaunch™ which ensures that Carbon and its community can transact securely and without the fear of participants or team members negatively impacting the markets following the public offering. TrustSwap’s Time-based SmartLock™ ensures a methodical distribution to mitigate the risk of unauthorized token transfers.

Carbon will use TrustSwap SmartLocks for:

  • Team token vesting
  • Token holder vesting
  • Liquidity locks

Secure Launch Process

To ensure a smooth launch, Carbon has already:

  • Secured the website with SSL certificates
  • Had the domain protected by Cloudflare and implemented secure VPNs to be conformant to best practice guidelines
  • Performed penetration testing and PCI ASV Scanning

Carbon also commits to:

  • Disclose the vesting schedule of all tokens, including team, strategic investors, private presale, influencers, etc.
  • Authorize the addition of no less than $150,000 of ETH liquidity on Uniswap immediately upon listing.
  • Distribute tokens to launchpad participants within one hour of Uniswap listing using Multisender according to the schedule.
  • Provide the timeline for token distributions and distribute tokens within one hour of the agreed upon time.
  • Have at least one community moderator on each social platform (Discord, Telegram, etc.) actively available 24 hours a day for the first 7 days following the launch on Uniswap.

Participation and Allocation

Anyone, including those outside the TrustSwap ecosystem, are eligible to apply for participation in the $GEMS token offering granted they meet jurisdictional restrictions. However, application does not guarantee an allocation. If the $GEMS token offering becomes over-subscribed (due to pledges exceeding the $1.6M hard cap), priority allocations will be given to the TrustSwap community as follows:

To check your SwapScore, ranking, and other staking stats, login to the TrustSwap Dashboard.

NOTE: An active stake as of 9 am PST of 26th May 2021 is required to be eligible for an allocation based on “Staked Swap” tiers

What is Carbon?

Carbon is the new home of creative commerce, uniting neobanking with fashion, digital fashion, art, music and NFTS. Neobanks, also known as challenger banks, harness the power of modern technology to give customers the financial services they want, where and when they need them. Neobanks operate exclusively online with no traditional bank branches.

What is TrustSwap?

TrustSwap is a full service digital asset ecosystem focused on smart contract applications.

📰 INFO:

https://trustswap.medium.com/carbon-announces-may-26th-token-offering-on-the-trustswap-launchpad-c37e67642d3d

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