Julian Kwan, Co-Founder, and Darren Wong, Head of Asset listings and strategic partnerships.
Some sentences have been slightly edited for readability but the meaning has been conserved.
Summary
IX Swap is the “Uniswap” for security tokens (STO) and tokenized stocks (TSO). IX Swap is creating the world’s first liquidity pools and automated market makers (AMM) for security tokens and tokenized stocks.
IXS is the native utility token for the IX Swap platform. Token holders will be able to stake their IXS token for a fixed income % on the IXS platform. taking IXS on the platform will also provide voting and governance functionalities for the IXS platform.
The platform will be the first DeFi platform to facilitate the trading of security tokens through licensed custodians and security brokers that will provide actual ownership and claim over these real-world assets.
IX Swap has partnered with major players in the industry including Titanium Technologies Group, InvestaX, and Atlas One Digital Securities.
Introduction
Session 1
Q. Please introduce yourself a bit!
Hi everyone! My name is Julian and I am one of the Co-founders of IX Swap.
I was born and raised in Sydney Australia, and have spent my life starting companies (7 companies over the last 20 years based in Beijing, Shanghai, and Singapore) including social media/technology, real estate investment & development, proptech, and blockchain.
I am also co-founder and CEO of InvestaX, a licensed security token platform headquartered in Singapore and the first platform partner for IX Swap.
I am super excited about IX Swap and the potential for the IXS token.
2.
Hi Everyone! My name is Darren Wong and I am the Head of Asset listings and strategic partnerships here at IX Swap.
Given my past experience in finance and real estate, along with co-founding 2 start-ups in tech and in blockchain, the road that led me here was inevitable. My background in finance provided exposure to a vast selection of products from within investment banking and private banking working with both large corporates and high network individuals. This allowed me to understand both the efficiencies and inefficiencies in the financial system.
During my first start-up stint in VR for real estate, I discovered the use of blockchain that fully fascinated me, which led me to my 2nd start-up. Setting up my Blockchain Consultancy and accelerator since the later part of 2017, allowed me to see and unlock the potential of blockchain in various industries, which natural let me back to want to solve the inefficiencies in traditional finance and to be able to set precedence to create a whole segment for the future finance.
With the STO market heating up more in the past year than before, we are excited to be guiding the space to new heights!
Buckle up for the exciting times ahead!
I will be leading the team in listings and partnerships.
Q1. Can you briefly describe what is IX Swap? We would like to know more about it and how it works.
So very simply explained, IX Swap is the “Uniswap” of the STO/TSO industry, the regulatory and liquidity solution for security tokens and tokenized stocks. IX Swap will be the FIRST platform to provide liquidity pools and automated market-making functions for the security token (STO) & tokenized stock industry (TSO).
The platform will be the first DeFi platform to facilitate the trading of security tokens through licensed custodians and security brokers which will provide actual ownership and claim over these real-world assets.
The story of IX Swap goes way further back. We have spent over 6 years developing the STO ecosystem infrastructure to build an end-to-end security token issuance company, and IX Swap then became the next stage of this STO infrastructure that we embarked to build. We started the IX Swap project early in the year and have been hard at work developing the platform.
Q2. What products does IX Swap provide to users?
STO/TSO investors will be able to contribute to the ecosystem and STO/TSO issuers themselves will be able to create their own liquidity pools. This in itself will create a paradigm shift for the industry providing this groundbreaking liquidity solution for the STO/TSO ecosystem.
IX Swap is blockchain, custodian & broker-dealer agnostic meaning that IX Swap plans to connect to as many blockchains, custodians and broker-dealers to build out the STO ecosystem globally.
so basically anyone launching any STO can start the first liquidity pools.
In the traditional markets today there is very little volume on the exchanges that offer STO’s because of lack of market makers and volume in general. Many of those that are already offering STO’s are slowly starting to shut down due to regulations as well. Both Binance and Uniswap are two examples of this.
By offering STO tradability on a DEX instead of a CEX we are able to solve the liquidity problem as anyone in the STO ecosystem will be able to provide their liquidity. Similarly by partnering with InvestaX, we solve the regulatory and licencing requirements, ensuring stability and liquidity.
real estate, VC, private equity, start ups will all be tokenized and on the IX Swap platform.
Q3. What features does IX Swap have compared to other existing AMMs? How do you attract users?
Just before we get into that, the IXS token is a utility token NOT a security token. It will be freely available to trade on any cryptocurrency exchange or DEX.
So here are the features of the IXS tokens -
IXS token holders will be able to stake their tokens on IX Swap to receive an interest rate as income. Platform earnings in the future will also be distributed to IXS token holders
IXS token holders will also be able to stake their tokens for governance related to the activity of IX Swap — this will allow token holders to take part in the active growth and decision making of IX Swap
IXS token holders will also receive priority access to new STO issuances on the InvestaX primary STO issuance platform.
On top of this, The IXS tokens also have a distinct deflationary economics function to ensure value is created for our token holders the more the platform is used.
5% of Fees will be sent to a permanently locked vault reducing the overall token supply.
5% of Fees will also be sent to a vault to purchase IXS tokens.
Rewards earned on the platform will be distributed over time to ensure token inflation is reduced.
These factors will create a deflationary effect on tokens the more the platform is used.
Q4. What role does the $IXS token play in your ecosystem? What are the benefits of long-term holding?
IXS is the native token that users will use to stake STO and TSO, we will create pairs with IXS and reward users for choosing IXS over eth or usdc as an example
We will drive use cases so as one example if a $10,000,000 USD asset wants to stake an STO, they would need to buy IXS to use the platform. The more STO we launch the more demand for IXS. It also has other use cases similar to other defi platform tokens.
Our ecosystem has built-in features to ensure the long-term viability of IXS!
Q5. What are the achievements that IX Swap has achieved so far? IX Swap’s Development Plan for this year?
So far we have been able to have a successful IDO/IEO Launch and a great IEO over 80x oversubscribed on the IEO.
After our IEO on Kucoin we were also able to get our first trading pair there as well! Shortly after our launch we also introduced our Staking/Yield Farming program and our Liquidity Mining program which started at 37,000% APY. Our first version of the platform is now out!
Successful listings Kucoin and Uniswap from day 1. Launch of Staking/Yield Farming program. Launch of Liquidity Mining program and we have a huge line up of partnerships announcements coming every week moving forward and product development is humming along nicely in line with our roadmap and the community growing stronger everyday, we have the BEST community.
Session 2
Q1. It strikes me that each Swap develops its own automated market maker (AMM), but really how many changes are there between the different AMMs of the different projects? or are all market makers in a network really the same?
Yes, to stake and trade STO, the AMM needs licensed custodian and exchange partners. This is one key difference.
We are also working on different AMM models for different types of STO, i’m not going to reveal more today as it’s top secret and coming on launch day. We have some professors from Tel Aviv University Blockchain department working with us on the models as well as some super smart quants.
Q2. I read the IXSwap team’s measures to save early-stage investors and keep the token value high with long qualifying periods, and I really liked it. So, how will you promote your precious $IXS token to potential investors and what will be your method to attract more investors toIXSwap?
So №1 we must drive token use cases and then value, including marketing, AMA, meeting great new communities like the one here, partnerships (loads coming in the pipeline) and hiring more marketing people as we speak.
№2 we make every one, every issuer of STO + TSO on IX swap pair some portion of their STO in IXS, so as millions then billions of STO get launched, the demand for IXS will go off the charts, the current market cap is only 5M, we are here to make IXS a top 20 token project.
№3 product development, we have some of the best engineers in blockchain building out our AMM (worked on by some of the brightest minds in economics) and we want to have the leading product in the market.
Q3. One of the characteristics of blockchain assets, and even more so DeFi, is that they do not have any type of regulation, right? So could you tell us about how the STO tokens will have a certain regulation? And will they be regulated because they are related to traditional assets?
Having a security in terms of the paper or as a Token, does not change its underlying, in which they still have to be within the confines of current legal frameworks. This is where we come in to build the bridge between traditional finance and crypto, as both worlds need to understand each other to be able to integrate towards the improvement of each industry.
The STOs on IXSwap will never be put out just to circumvent the legal frameworks, but will be built in line within regulatory constraints to allow the finance sector to grow towards the future of finance. We will never deal with unregulated securities.
However, because of our licensed partners we have the capacity to truly build and launch new types of STOs in a compliant manner, and welcome STO’s that do not have a home to come to IX Swap and launch as a product that is viable for the traditional capital markets.
Q4.In today’s traditional markets there is very little volume on exchanges offering STOs due to a lack of market makers and overall volume. So how can IX Swap offer STO tradability on a DEX instead of a CEX? How do you benefit from your InvestaX partner?
IX Swap is platform agnostic and blockchain agnostic. This means that we can integrate with any issuer and cex to be able to participate in the utility of IX SWAP by the means of integrating with our custodians.
This means that we can already provide services of other exchanges on to our platform as an extension of services and reach of our networks.
This allows current STOs offered to have features of an AMM along with newer features that we will be pushing out without having to recreate the STOs and that these exchanges have an avenue for dual listings.
InvestaX will be the first partner exchange to integrate with IX Swap. This means as new products launches from our licensed partners, the more products will be listed, and these products will already have the utility of defi in both a cex and dex and already have several locations of listings
Q5. Many new projects develop well at first, but then fail to achieve good results. How will you manage and develop your project to gain a position in the market and become a good project in the blockchain industry?
Yes, we are an experienced team that has started over 15 startups between the co-founders, so we are focused on building the leading platform in our space. We are not fighting about small things and having many issues other projects have had (people arguing over money or tokens or titles),
We are a decentralised team and have a flat management process, everyone contributes and shares in building out the product. We also have the right licensed partners (and it takes years to get licenses) so we are out in front and have a nice moat for a short while. That being said, we want to collaborate with as many platforms as possible, we are blockchain agnostic, STO exchange and custodian agnostic and are built for scalability and interoperability. This isn’t just another defi project, it is one of the first infrastructure plays connecting DeFi to CeFi, two enormous and growing industries/asset classes. Team is here for the long term and haven’t sold a single token. Look at the people behind a project, that is what matters most. Same as any start up.
Session 3
Q1. Do you have an AUDIT certificate or are you working to AUDIT your project, so that the security of the project becomes more secure and reliable?
Yes 100% we got an audit from Zokyo, it is on their and our website.
Q2. I like that this project is placing importance on the community aspect. That’s what I think is missing in a lot of projects. How can our early investors really help you grow before launch? From providing liquidity to general participation, what are the different roles it plays?
Community is everything, especially in token projects, we are actively seeking to build and grow our existing community and will have lots of special events and announcements coming that deliver real value to those holding IXS, we appreciate there are many token projects and lots of choice out there, so we need to continue to bring new and exciting news, announcements, prizes and value to our IXS crew.
Q3. Good day sir…Where can I buy it? Also all the links to all your social media platforms if possible???
Kucoin and Uniswap!
Telegram: https://t.me/ixswapofficial
Twitter: https://twitter.com/IxSwap
Linkedin: https://www.linkedin.com/company/ixswap
Medium: https://ixswap.medium.com/
Telegram — IX Swap
Bringing you the world’s first liquidity pools and automated market makers (AMM) for the security tokens and tokenized stocks.
Q4. What do you think about the explosion of the NFT + DeFi + Trend Games association that is attracting a lot of attention in the world today? How does your project leverage and exploit this fact?
NFTs provide a very unique use case not just for gaming and defi but for traceability and authentication for financial products. At the moment even the SEC is talking about classification of fractionalization of NFTs as possible securities due to its nature. Our team is hard at work exploring these possibilities as we build and launch our platform. Stay tuned for updates as we move on our developments!
Q5. Does your project support staking programs? if yes. How does your stake system work, what is the requirement for users if they want to stake in your platform. Do you have a Token Burning plan to increase Token value and attract Investors to invest in IX Swap?
Yes we actually have this in detail both in our medium and our white paper. We do not have a burn structure built in but we have mechanics that lock in tokens as part of the fees and rewards.
Q6. What is your strongest advantage that you think will make your team leading the market? In contrast, what is your weakness? How do you plan to overcome it?
I like this question, we touched on this above, it’s the team, the experience and existing partnerships and track record. We need experts from investment, blockchain, banking, legal, marketing etc to bring the whole project alive. Our weakness is probably we are not shilling false information and just trying to get a pump and dump which some token buyers want, we will take longer to grow but be bigger in the end because bringing crypto and CeFi together is a trillion dollar industry but takes more work than most DeFi projects, please join us to Tokenize the World
Thanks for coming in today guys. It was a pleasure having you in our group, and taking the time to answer our questions.
Thanks everyone. Much appreciated. Please follow the channels for all the updates
Deck | Website | Telegram | Twitter | Linkedin | Medium | Litepaper | Tokenomics — Julian Kwan from IX Swap
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IX Swap is the “Uniswap” for STOs and TSOs, the regulatory and liquidity solution for security tokens and tokenized stocks.
IX Swap will be the FIRST platform to provide liquidity pools and automated market making functions for the STO/TSO industry. The platform will be the first DeFi platform to facilitate the trading of security tokens through licensed custodians and security brokers which will provide actual ownership and claim over these real world assets.
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