Trust Wallet Launchpool offers TWT holders and community access to rewards and exclusive project tokens in a secure, decentralized environment.
Trust Wallet, the world’s leading self-custody Web3 wallet trusted by over 140 million users, is set to launch its newest feature, Trust Wallet Launchpool. The innovative feature allows TWT holders and other token holders who are Trust Wallet users to earn rewards by discovering and engaging with promising projects in a secure and user-friendly way. By staking tokens like TWT or any partner tokens designated for each campaign, users can acquire new tokens or rewards from both pre-launch and launched token projects, diversifying their portfolios and supporting innovative ventures with minimal risk.
With this feature addition, Trust Wallet becomes the first self-custody wallet to offer launchpool opportunities - providing its users with exclusive access to rewards and tokens from emerging projects, while supporting the growth of Web3 communities.
“Our goal with Trust Wallet Launchpool is to offer our platform to empower industry projects to better build and engage on-chain communities. We also want to enable our users to better discover, engage, and thrive with such projects. There have been successful launchpool experiences found on exchanges, but we see an opportunity to do it in a more decentralized and secure way, directly with an on-chain community and userbase,” said Eowyn Chen, CEO of Trust Wallet.
“This feature aligns perfectly with our mission to build a more inclusive Web3 ecosystem while giving back to the community, including TWT holders and partner token holders. It provides our users with unique opportunities to engage with innovative projects and earn rewards, all without the risks typically associated with centralized platforms.” Chen added.
How Trust Wallet Launchpool Works
Trust Wallet Launchpool is part of the app’s “Earn” section, designed to provide users with a simple and secure way to engage with early-stage crypto opportunities. Users can select projects they are interested in and stake TWT or other tokens in specific pools to earn new tokens as rewards. This offering is fully supported by on-chain smart contracts and open-source protocols, ensuring transparency and security, and setting it apart from centralized alternatives.
Nate Zou, Head of Product at Trust Wallet, added: “Trust Wallet Launchpool is a natural evolution of our commitment to our community. We want to provide our users with more ways to engage with Web3 opportunities while offering our partners a sustainable method to grow their user base and strengthen their community.”
Benefits for Users and Web3 Projects
Trust Wallet Launchpool benefits both users and projects by creating a mutually supportive environment. This feature provides a safe, decentralized way to earn project tokens, empowering users to engage with the evolving Web3 landscape while supporting the growth of promising ventures. For Web3 projects, Trust Wallet Launchpool offers a unique platform to increase visibility and build a solid community base. By connecting with Trust Wallet’s extensive user base, projects can attract more users and gain momentum in a competitive market.
Aligning with Trust Wallet’s Mission
Trust Wallet Launchpool is a step towards fulfilling Trust Wallet’s mission to make Web3 accessible and rewarding for everyone. “While this may not be a groundbreaking innovation in the traditional sense, it’s a bold experiment and a pioneering move for a wallet product,” added Chen. “We’re creating a sustainable cycle of collaboration between users and projects, fostering a stronger and more engaged Web3 community.”
Trust Wallet Launchpool goes live on October 9th. Be among the first to explore exclusive rewards and project tokens. Download the app now and get ready to join the Launchpool.
About Trust Wallet
Trust Wallet is the secure, self-custody Web3 wallet and gateway for people who want to fully own, control, and leverage the power of their digital assets. From beginners to experienced users, Trust Wallet makes it easier, safer, and convenient for millions of people around the world to experience Web3, access dApps securely, store and manage their crypto and NFTs, as well as buy, sell, and stake crypto to earn rewards — all in one place and without limits.
Since 2017, Trust Wallet's mission has been to simplify and democratize crypto, ensuring accessibility for everyone. By building the foundations for the future of the free web, Trust Wallet aims to give everyone the freedom to truly own their digital assets.
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