About 123Swap Finance - Decentralized Finance Exchange Platform.

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123swap Finance - Swap, Hold, Send, Receive, Earn, Invest, Lend & Borrow crypto & NFT in Multiple Chains using only one 123swap platform.

Introduction

Decentralized Finance is one of the most popular financial concepts today, based on decentralized Blockchain technology making DeFi a solution to various financial problems that occur today. The Decentralized Financial Ecosystem that was introduced to everyone has had people flocking to try and use the DeFi Ecosystem. 123Swap is one of the evolved DeFi platforms that tries to improve the current NFTs Marketplace for the better and provides an alternative with more Crypto Options than its competitors. The act of crypto-trading has come to stay and this has made trading of Cryptocurrency function in its liquidity form.

123Swap platform operating company is decentralized system which involves a blockchain and consists of several smart-contracts in the perimeter of the blockchain technology and its own crypto currency, And the platform is a system product created by a consortium of the most powerful, competent, and experienced logistic companies and organizations all over the world. And also blockchain and smart contracts serve as the way forward into the Industrial use, creating economies of scale and potentially aggregating supply. Decentralized manufacturing will make the industry more accessible, secure and economically sound for more participants in a direct peer-to-peer (P2P) ecosystem. Therefore, the 123Swap Wallet would central to every interaction in the ecosystem, and also be secure storage and exchange platform for both cryptocurrencies and fiat currencies, enabling users to deposit, hold, send, Receive, Earn, Invest crypto and NFT in multiple chains using only one 123Swap exchange platform that supported cryptocurrencies and fiat. Merchants can freely choose and switch between different blockchain assets for payments. Users can convert from Bitcoin, Ethereum, Polygon, Okex, Fantom, Solana vice versa, utilise peer-to-peer transfers and exchanges, and pay for merchant services.

123Swap Platform Features:

More Way to Earn: 123Swap offers users many ways to make money. From providing liquidity to trading or using concessional loans using term loans. Imagine doing millions of dollars worth of arbitrage deals with PancakeSwap, Uniswap, Multichain.xyz and 1inch.exchange using our coins in our easy-to-use flash credit system.

Not just a Trader Here, Your more Like an Owner: With 123Swap, our governance token, you can help decide the future of the exchange. And if you do multiple trades every week, you also get a small fraction of the trading volume. The more the exchange grows, the more your payouts grow. In addition, you can decide which services should come first. If you have enough of these 123Swap Coin, we may have to provide you with a parking space with your name on it.

Multiple Networks In Exchange: On 123Swap, you can transact on the Ethereum network and Binance smart chain. Ethereum is the largest decentralized network in the blockchain world, so it is impossible to launch an exchange without using it. But along with size, there are other problems. Binance Smart Chain recently emerged to help solve these problems. With faster trades and lower fees, Binance definitely deserves a look. We believe they are both important and we want our users to be able to transact wherever they want.

Crypto Classes Are My Favorite: Have you ever had to try to explain cryptocurrency to someone? I'm sure yes, everyone has. We know this is a headache, but we try to educate the people we know because we care about them. Well, imagine if you could send them a link to some free crypto classes, and the more classes they do, the more you both earn. And don't worry, we'll keep them short and funny. We want to make learning easy and profitable for everyone.

123Swap Live Onscreen Chat: What do people really hate about crypto exchanges? Is this the main flaw in customer service? I know this was one of our team's main complaints. So we decided to fix it. We're going to chat 24 hours a day so you never have questions you can't answer. No matter where you are, there is always someone within a click to help if you ever need it.

No KYC privacy: Centralized exchanges require all customers to fill out self-identifying forms. You need to include your name, date of birth, social security, blood type, DNA sample. Cryptocurrency was born as a decentralized currency that could not be controlled and tracked. With the freedom of DEX, you just need to connect your wallet and make trades.

Creating Exchanges

123Swap Finance Factory has a multiple chains is the smart contract where all the magic happens. It creates exchanges for each trading pair on 123Swap. The public function createPair (123b) allows any user to deploy an exchange contract for any pair of ERC20 or BEP20 tokens that do not already have one. The code below shows how the exchange is executed.

Lower Gas Fees

123Swap platfrom is designed with gas efficiency at its core. Using the AMM smart contracts we're able to lower gas fees to 10% of normal exchanges. This gas efficiency is replicated in nearly all swaps between supported cryptocurrencies on the platform. 123Swap has significant gas reductions compared to on-chain order book exchanges. And due to the higher fees on the ETH Network due to the massive recent interest in NFT marketplace, the ability to make swaps on the Binance Smart Chain, allows you to make trades with even lower fees.

Adding Liquidity

Adding liquidity involves putting an equivalent value of either ETH & ERC20 or BNB & BEP20 tokens into the related exchange contract. The first liquidity providers determine the initial exchange rate by depositing what they think is comparable to the coin and tokens value. If the initial rate is low, arbitrage traders will bring the rate to equilibrium at the initial providers' expense.

Liquidity Tokens

123Swap liquidity tokens(123Swap LP) represent the provider's contribution to the liquidity pool. They are ERC-20 coins or BEP-20 tokens, depending on which chain they provided liquidity on. These tokens allow liquidity providers to sell their liquidity or transfer them between accounts without impacting liquidity in pools. Liquidity tokens are minted and sent to the addresses of liquidity providers. They represent the providers' contribution to a pool. These tokens are highly divisible and can be burned at any time to return a proportional share of the market to the providers. Providers deposit into reserves and mint new liquidity tokens.

HOW IT WORK:

123Swap Finance Protocol

• Trade on ETH and BSC

• Built- in Flash Loans System

• Yield Farms

• 24/7 Customer Service Chart Feature

• Weekly 123b Rewards Based Off Exchange Trading Volume

• Get Paid To Learn About Crypto and many more….

TOKEN SALE

Prior to the launch of the 123swap platform, it will undergo a Token sale exercise. The funds raised in the ICO will be utilised by the team to further develop the platform.

Token Name: 123swap

Ticker Symbol: 123

Token Decimals: 18

Token Background: BEP-20 / ETH 20

Token Type:Utility — Governance

Token Sale Date: 2021 Q4

KYP/AML Required: Depends on platform requirements where token sale happening Restricted Countries: Depends on platform requirements where token sale happening

123 Token Allocation

Total 123 Token Supply: 129.000.000

123 Token holders launch day: 1.000.000

Initial Market Cap USD (launch day): 120.000

Token Generation Event right around IDO: Looking forward to announce IDO platforms

123 Token Distribution

Use of Proceeds

Funds raised through private Pre-ICO will be used as follows:

Tokens Amount from Private

Pre-ICO

Team

Formation

Beta version of product development

Advisors’ Formation

Public Sale Preparation

Funds raised through Public ICO will be used as follows:

Tokens Amount from Public ICO

If Hard Cap is Reached

US$300000/year for 3years to be spent on Product development & Marketing

Majority of the fund portion will be used to meet operational expenses like Office Rental, Utility expenses, Worker Salaries & Marketing Campaigns

0.9 million will be locked for pools’ liquidity

Roadmap

Live Timeline

Q4 2020

•Business — Team preparation.

•Pre-seed Investment — $60,000.

•123swap Alpha platform release.

•123swap platform features and blockchain discovery phase.

•123swap platform testing and security audits.

Q1 2021

•123swap platform launched on BSC Mainnet.

•123yield launched on BSC Mainnet.

•123gov launched.

Q2 2021

•Platform preparation for multi chain swaps and yields.

•Platform launched on Ethereum Testnet.

Q3-Q4 2021

•Swaps release on Polychain, Ethereum, Avalanche, Harmony, Fantom, Moonriver, Okex, Houbi eco Mainnet.

•123bridge v1 release.

•SEED, PRIVATE, PUBLIC 123 Token sale.

Q1-Q3 2022

•123swap limit orders on BSC, Polychain, Ethereum, Avalanche, Harmony, Fantom, Moonriver, Okex, Houbi eco Testnet.

•123yield on Polychain, Ethereum, Avalanche, Harmony, Fantom, Moonriver, Okex, Houbi eco Mainnet.

•123nft minting and swapping release.

•123bridge v2 release.

**123gov choosing what next blockchains (e.g. Bitcoin, Neo, Ontology, Elrond, Zilliqa, Arbitrum, Cosmos-SDK, XDAI, Optimism, Algorand, Cardano, Solana, Near…) add for swap, yield, bridge assets and NFT

TEAM

123swap team consists of various industry leaders and global representatives with wide experience encompassing Fintech, AI, Blockchain, Marketing, and Business Development industries. The strong team work together with the synergy effect of the numerous professional members will make 123swap a truly “multi-facet” team. The platform aims to further expand the team by incorporating more than 100 global representatives across verticals and make 123swap the leading decentralised exchange platform in the world.

Tomas Ambrazas

CEO at 123swap