Published December 20th, 2021.
Last edited January 10th, 2022.
This whitepaper will outline the fundamentals and utility of The Trust Token. Throughout this paper we will show the business model of the token and how it will become transparent utility for online services payment. We will also identify the future plans for the token to get adopted by online service providers in lieu of USD and other major FIAT currencies.
The Trust Token (TrusToken) was fair launched on the Binance Smart Chain platform on the 27th of November 2021. There was no presale or tokens assigned to team members or friends. The project future directions will be decided by its holders - the reason we decided to send the LP to a dead address and renounce the ownership of the project. We had to put in place measures to prevent investors from being a victim of rug pull.
The Trust Token will be mainly used for payment for online services. More real user cases will be decided by the community as the project gets more holders and a decent market cap.
The Trust Token offers utility for online service providers and individuals. It enables an alternative, decentralized payment method outside the interference of payment intermediaries, offering users more control over their money.
The Trust Token can be used as an alternative to costly and slow international transfers, and can also contribute to an alternative financial system for hundreds of millions of people who have access to online services but not a bank account.
The Trust Token can be used to pay and receive payment for online services, such as:
The initial supply of The Trust Token is 100 billion tokens, which gets reduced by a small amount on each transaction. For this amount of limited supply, we won't be burning any token from the supply, in the future. As for tax, for each transaction, a 10% tax fee is applied: 5% goes to marketing budget and 5% to liquidity pool.
We had to get rid of the reflection feature so we can easily list the token in major exchange marketplaces, in the future.
Every transaction contributes towards auto-generating liquidity that goes into multiple pools used by exchanges. Projects with unlocked liquidity, developers can easily pull the rug and leave investors holding a bag of worthless tokens. At The Trust Token we decided to send the LP to a dead address instead of locking it. This will give investors assurance that the developers of this project will not abscond with the liquidity funds at any time in the future.
We believe transparency is the key factor for the success and longevity of this project. We will have open communication with our holders and make sure they stay informed with each step of The Trusted Token's growth. Feel free to contact us by direct messaging or Twitter.
We believe that trust is the most important part of this project. It's also crucial to transactions and payments. Individuals and businesses need assurance that the transactions they make are processed and completed in a fair and safe manner. The Trust Token provides provides a safe and fair environment related to holder's fund and transparency in token distribution.
The Trust Token doesn't have any other online or offline communities except the ones listed above. Buying fake followers is always a bad idea; we prefer to have few hundreds real followers than thousands with very little engagement. Be extra cautious when joining other unofficial communities. Always keep in mind : we will never contact you first.
Whether you are a holder or not, you are more than welcome to follow the above social platforms to get the most up-to-date, accurate The Trust Token information. As for helping with spreading the word about The TrustToken, feel free to promote the project in your videos, blog posts or memes. Thank you for your support!
There will be always enough liquidity for our holders to be able to sell their tokens. From each sale transaction, 5% goes back to liquidity pool.
Decimals : 18
Total supply : 100,000,000,000
Contract address : 0x7246048ff64149d7ba954a92621a3302928e7dd0
Contract deployer address : 0x88eEd26F9aF39b2aCDe8E217A01EDdab2017E2d6
Contract ticker : TrusToken
Twitter : Twitter
Website: thetrusttoken.com
BSCscan : Bscscan
As in any other project, in the beginning, we are aware that we might not have all the required details of the project in this whitepaper and that there will be many challenges and obstacles as well as successes - the reason why we will updating this whitepaper monthly in order to show our progress and to make everyone understand what The Trust Token is, where it is heading and how to use it.
Trading cryptocurrencies always comes with a lot of risks. Even if a new token is legit, it still does not mean you won’t lose any money by investing in the project. The Trust Token never promotes any other cryptocurrency and we always ask users to do their own research.
The identity of the founder of The Trust Token is revealed publicly and our liquidity was sent to a dead address, but that doesn't mean this is a risk-free investment. Trading The Trust Tokens means you’re accepting all the risks that come with cryptocurrency. One day the market goes up, the next day it will crash. The market is volatile and no one can predict future trends of any cryptocurrency.
If you decide to invest in The Trust Token, it should be out of your own free will. We ask you to not follow the hype and never buy any cryptocurrency out fear of missing out ( FOMO) on good opportunities. Rash decisions could ruin what you already have and you will be left holding a bag of worthless tokens if the developers behind a project decide to squirrel away the liquidity pool.
Check all details about The Trust Token, ask questions, contact us, do your research and use your own logic to decide whether it’s worth your hard-earned pennies or not.
We wish you the best of luck in your crypto trading.