Review The 123swap platform.

Mats Hummels

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

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About 123swap

1. ProblemMost of the decentralised finance aggregators prefer to carry only ERC20 or BSC tokens, the other multi-chain aggregators are custodial and not decentralised. The manual process of swaps is old school and time consuming. Main problems: Complicated Interface & Tedious Registration Process, Lack of Accessibility, Unsecured Wallets to Store Crypto Assets, High Trade Fees & Other Hidden Charges, Issues Faced During Token Swap.

2. Solution123swap platform will automate and fasten the swap process by leveraging smart contracts. The platform will promote decentralised finance management using its smart contracts. Main solutions: Simple & Userfriendly Interface, Unchanged Rate during the Transactions, No Hidden Fees, Variety of Assets, Security, Cross-chain one window platform.

3. GoalThrough its cross-chain smart contracts, it will bring smart and autonomous finance management in one place. 123swap has invented certain technologies that will help the platform beat the competition, become faster, and become the world’s best swap platform.

Integration Update! 123swap Is Now Collaborating With Okexchain.

Next Step for 123swap

123swap is the rapidly growing cross-chain DeFi, which adds 1–2 new blockchains every week. Now, 123swap is adding Avalanche, Polygon, Binance Smart Chain, Fantom, and Ethereum, Okexchain, Moonriver, Harmony one. Soon, the 123swap platform will add more blockchains like Heco Eco chain, Gate chain, Shiden Network, Solana, Cardano, KCC chain.

Working of 123swap

123swap is an ecosystem of decentralized finance which allows its users a perfect peer-to-peer swapping of crypto assets. The 123swap platform works with the help of smart contracts, making swapping quick and automated. Decentralized finance management can quickly be promoted by using smart contracts. The interface of 123platform is user-friendly and simple; throughout the process of transactions, a constant rate is maintained, no issues of security, cross-chain one window, and the platform provides a broad range of crypto assets. Several blockchain projects are supported easily just because of the cross-chain framework of 123swap;

What is Okexchain:

OKExChain is an independent blockchain built by crypto exchange OKEx. It uses the Cosmos SDK framework and relies on Tendermint Proof-of-Stake (PoS) for network security. OKEx’s long-term goal for OKExChain is to serve as an exchange-backed smart contract platform akin to Binance Smart Chain. OKT is the native token for OKExChain that gives voting rights to validators and a claim on staking rewards to validators and delegators.

What 123swap Finance?

The main goal of the 123swap platform is to increase the payment and purchase using different cryptocurrencies across the financial industry and, after that, establish the next-generation financial ecosystem. This platform is DeFi in nature and allows the genuine swapping of crypto assets between peers. Without the help of any intermediary source, investment management choices and income choices are provided to users. Exchanges provided by the 123swap platform are convenient, easy, and transparent.

Make your money work for you by utilizing only one DEFI 123swap finance DEX AMM to swap, hold, send, receive, earn, and invest crypto and NFT across several crypto chains.

The platform aims to reduce slippage and make the trading of crypto assets as simple as possible. The platform also allows its clients across any chain to trade with each other on a peer-to-peer basis directly.

123swap PLATFORM IN DETAIL

123swap — a way to perform peer-to-peer atomic cross-network swaps of crypto-assets without having to trust a custodian or counterparty. 123swap is a leading crypto swap protocol, to the Smart Economy, allowing the users to — Swap, Hold, Send, Receive, Earn, Invest, Borrow and Lend favorite assets in Multiple Chains.

The platform provides non-custodial service and strives for maximum safety, simplicity, and convenience. It allows customers to surf through all the swap offers collected from major crypto exchanges just in one place.

The platform aims to have a community of strong-handed holders. Through a proper voting system, the community members will arrive at key decisions relating to whether there should be team tokens or advisory tokens, lock duration, etc.

Problems solved by 123swap: the manual process of swaps is old school and time consuming. The platform will automate and fasten the swap process by leveraging smart contracts.

One Platform

Through its cross-chain smart contracts, it will bring smart and autonomous finance management in one place. The platform will promote decentralised finance management using its smart contracts.

Endless Liquidity

Zero Risk 123swap has invented certain technologies that will help the

platform beat the competition, become faster, and become the world’s best swap platform.

123swap — Business Model

The business model of the 123swap platform consists of the following elements:

123swap

Seamless peer-to-peer crypto assets swap platform.

123nft

NFT minting and peer-to-peer NFT swap platform.

123yield

A platform to deposit crypto-assets and earn the most optimised interest rate.

123bridge

A cross-chain decentralised finance assets swap platform.

123lend&borrow

Access to low-interest, stable coin loans using crypto assets as collateral.

123gov

123swap token represents voting power on a blockchain project.

123swap: ALL IN ONE PLATFORM

123swap platform aggregates functioning of all the popular DEX & DeFi platforms such as Pancake swap, YFI, Curve, Uniswap, Mooniswap, Balancer, Dodo, Bancor, Mstable, and many more, to create an all-in-one platform.

It aggregates all DeFi assets, liquidity pools, and saving deposits in one dashboard so that traders can easily compare and choose the best option.

It takes care of the following areas, enabling its users to perform several functions on a single platform.

All Defi instruments in one dashboard

Portfolio Management

Liquidity Pools

DEX & SWAP Aggregator

Lending & Borrowing

Cross-Chain Asset Swap

Best yield strategies in one place

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