TrustKeys Decentralized Ecosystem Project is offering new DeFi use-cases and features. DeFi’s user base is growing rapidly and so are the numbers of wallets that can be downloaded. TrustKeys, which has its parent company TKBlockchain based in British Virgin Islands, is an upcoming project. It offers a decentralized and non-custodial wallet. As it prepares for its release, the project has raised $4 million so far from investors. Two rounds of fundraising were completed so far, with capital coming from long-term strategic investor.

Pre-sales are expected to close around October 27th and public sales to follow shortly thereafter. The public sale will account for approximately 8%, with the presale accounting for only 5%. About 28% of tokens will be used for marketing, burning, and team building.

The token on offer is the project’s token TRUSTK. With 55% of tokens being kept locked during the first five year, the total circulating supply will remain at 1,000,000,000 tokens. TRUSTK is a BEP-20 token that can be used for Binance Smart Chains. However, when Trustkeys Chains launches it will work with other chains.

Ecosystem and SuperApp

TrustKeys uses blockchain to solve fragmented blockchain services. By leveraging its ‘SuperApp’, the project aims to create a platform that amalgamates all the services you would ordinarily have to search for on multiple platforms. Its wallet is the first step. The TrustKeys wallet is not a custodial one, unlike traditional exchanges. It is therefore secured and owned by you. The 24-word key phrase that secures the wallet differs from traditional 12-word keys. Its promotional video states that even if only half your seed were to leak, it will still take trillions years to hack all the remaining (barring any unnatural luck). For Android and iOS users, the TrustKeys cryptocurrency wallet can be downloaded and used in a variety of ways.

The wallet currently supports crypto only, but plans are in place to add NFT support to it. NFTs being a popular topic in crypto right now, a NFT wallet which supports multiple tokens/chains could make the project incredibly attractive.

Hybrid Exchange And Social Media Platform Using Cryptography

It will have social media platforms and messaging. While this will not replace social media more commonly used in our lives, it will gradually become an aggregator and source of cryptocurrency news for like-minded people. This messaging platform supports disappearing messages and is encrypted. This is where the seed comes in to play. The messages will be encrypted on one end and can only be decrypted using the receiver’s key.

The platform will also have a native hybrid exchange. Hybrid exchanges are a mix of centralized and decentralized platforms. It will thus have many features that are native to both exchanges. The exchange will offer spot trading and allow users to trade many cryptocurrencies. The exchange will not ask for KYC, extensive personal information or require any additional data.

The team currently is working on the Q4 2021 section. If the roadmap proves reliable, then the IDO will be live shortly. NFT Marketplace is scheduled to launch in the first quarter next year.

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