TransferMole, the world’s first on-chain social payment directory, has announced the upcoming $AIPAY Pre-Sale token offering on the TrustSwap Launchpad starting January 30th, 2025 at 5:00 PM UTC.
Introducing TransferMole
TransferMole is spearheading PayFi by turning social media usernames into cross-chain/currency payment addresses. By removing the need to bridge or verify recipient info, it make a P2P payment as simple as a card tap. It is also a Web3 onboarding powerhouse that enables crypto airdrops resolving to easy AI-powered yield services to millions of Web2 users.
How Does It Work?
TransferMole maps social media usernames with bank accounts, debit cards, fiat and crypto wallets (financial termination accounts). Payments made to social media usernames are automatically resolved to termination accounts and routed via licensed payment network partners or processed on-chain in the case of Web3.
Payment Solutions
Alternative payment methods like e-wallets and crypto are the new norm. They are the foundation of the peer-to-peer economy (social commerce, freelancers, creator-audience relationships, AI agents, etc.).
However, unlike card payments, alternative payment methods are too complicated for casual use, locking billions of people out and leaving significant value on the table. It is still very complicated to send international money transfers from many places in the world, let alone having to deal with bridges, off-ramping and currency conversions.
Crypto is barely capitalizing on the $11.53 Trillion payments market. TransferMole aims to capture a significant percentage of this market share by making cross-chain, cross-currency, peer-to-peer payments as simple as a card tap.
People can now save time and easily send payments within seconds, including crypto or apple pay payments, to a social media username and the receiver gets whatever currency they want.
- No need to communicate complicated bank codes, crypto addresses, etc.
- No need to send test amounts
- No need to download new apps each time
- Send crypto and card payments to social media usernames
- Cross-chain and cross currency
Empowering AI Agents
In the new Agentic economy, no one will be communicating to coordinate payments to each other, AI Agents can simply use social payment directories like TransferMole to send transactions.
Business Model
TransferMole employs a transactional business model and charges $0.30 per transaction. In addition, they will tap revenue streams from adjacent services through affiliate partnerships, card issuance, and commissions.
$AIPAY Token Utility
The TransferMole platform is powered by the $AIPAY token which has several utilities:
- Gas token sponsorship for cross-chain payments
- Staking program to be announced
- Access to premium features like:
- Customisable payment pages
- Privacy add-ons
- Airdrops of new tokens added to the network
- Special partnership-related features to be announced!
Meet The Team
Roadmap
Learn More
To learn more about TransferMole and the $AIPAY token, click the links below.
Token Offering Details
This offering is for the Pre-Sale Round of $AIPAY token launching on the Base Chain (EVM Compatible). TGE is targeting February 20th but still TBC.
Tokenomics
Secure Launch Process
To ensure a smooth launch, the TransferMole team has agreed to:
- Have their domain fully SSL certified one week prior to the launch date.
- Have their domain protected by Cloudflare and share the proof with TrustSwap prior to the launch date.
- Disclose the vesting schedule of all tokens, including team, strategic investors, private presale, influencers, etc.
- Distribute tokens to launchpad participants within one hour of exchange listing.
- Provide the timeline for token distributions and distribute tokens within a one-hour window of the agreed-upon time.
- Have at least one community moderator on each social platform (X, Telegram, etc.) actively available 24 hours a day for the first 7 days following the launch.
Participation and Allocation
This Launchpad offering is for a Pre-Sale Round allocation of the $AIPAY token.
Anyone can apply for free, but the application does not guarantee an allocation.
As always, anyone with a $SWAP Staking Score of at least 4,000 can receive a guaranteed allocation provided that individuals (and entities) pass KYC (jurisdictional restrictions apply). Token allocation will be split up among eligible participants proportionately based on their percentage of the total combined Staking Scores.
Visit the TrustSwap Dashboard to check your staking score. You can add more SWAP and/or increase the duration of your stakes at any time to increase your Staking Score. To learn more about Staking Scores and the TrustSwap Long-Term Staking Pool (LTSP), read our comprehensive blog post.
For a short tutorial video on how to buy and stake SWAP, click here.
Step-By-Step Guide
Prepare for Launch Day by ensuring that your SWAP stakes are topped up before the snapshot. You can also complete your KYC in advance.
- On January 30th, 2025, at 5:00 PM UTC, the application window will open for 48 hours. During this time, go to the TrustSwap Launchpad and click the “Start” button to apply. The snapshot will be taken 48 hours after the launch event begins.
- Complete all of the steps required for KYC verification. This can be done in advance at any time for free in just a few minutes. To save time on launch day, complete your KYC registration now.
- On February 1st, 2025, at 5:00 PM UTC, the application portal will close, and a snapshot will be taken of all active SWAP stakes. There will then be a waiting period of up to 48 hours as the team finalizes internal processes.
- Successful applicants will receive an email confirming their total allocation (the maximum amount they are allowed to contribute to the token offering) and asking how much they wish to contribute. Individual allocations will be either the full allocation or the pledged amount, whichever is lower.
- You will have 24 hours to send funds. After 24 hours, your position will be given to the next in line, and you will lose it. Payments must be sent in USDC or USDT on either Ethereum (ERC20), BSC (BEP20), or Polygon (MATIC) blockchain.
- Any tokens that are unclaimed after the initial funding round may be offered to those who applied successfully but were not eligible for guaranteed allocations.
How To Prepare
- Based on the requirements set for a guaranteed allocation, stake your $SWAP tokens in the Long-Term Staking Portal before the snapshot on 1/2/2025 at 5:00 PM UTC.
- Take a photo of your government-issued ID card (Passport, Drivers License, or any other form of government-issued ID card that has your photo in it).*
- Take a selfie of yourself holding the ID card along with a note that reads: “AIPAY 2025.*
- Make sure to follow the TrustSwap Announcement channel for updates and confirmations.
- Submit your details and documents at any point during the 24-hour launch window at https://dashboard.trustswap.org/app/launchpads.
Note: Steps 2 and 3 are not necessary if you have an active KYC registration. You can save time by pre-registering at https://dashboard.trustswap.org/app/sekuritance.
Who Can Participate?
Anyone not domiciled in the USA or UN-sanctioned countries can participate in the $AIPAY Pre-Sale token offering.
Disclaimer: Launchpad dates and details are subject to change. This is not an endorsement, partnership, or offer for investment by TrustSwap. TransferMole is using the TrustSwap Launchpad as a customer, with specific requests as to how they need their launch to operate. TrustSwap is a provider of non-custodial, smart-contract-based software services. Digital assets carry a high level of risk. Participation is performed at your own risk. Exercise caution and conduct your own due diligence.