As we continue to strengthen the foundation of InterSwap's long-term vision, our team remains dedicated to bringing the cross-chain liquidity to its highest potential. Here’s an update on our recent milestones, challenges, strategic corrective measures, and what lies ahead.
Reflections: Key Milestones
Backed by the Axelar Foundation, blocmates, Castrum, Absoluta Digital, and more
Product advancements: Incorporating and piloting new-age features across different modules
User validation: Tested and trusted by 100,000+ lifetime on-chain users and 6,000+ MAU in Testnet and vibrant ongoing Beta Mainnet
Capacity building and network expansion: 40+ Ecosystem enablers, 60+ Key Opinion Leaders, and quality advisors with us in this journey.
Launch readiness: Product Mainnet ready, filled public sale (IDO) launchpads, onboarded market makers, and built a CEX pipeline taking us closer to launch & listings
Challenges and Resilience
Market volatility: Recent market fluctuations have impacted retail and investor sentiment, posing challenges in user attraction, retention, and establishing Life Time Value (LTV)
Social media setbacks: Unexpectedly, our X handle was taken down, necessitating a complete rebuild from scratch.
Narratives taking precedence over product merit: Shifting narratives in the crypto space have made it difficult to maintain user focus on product merit, but we remain committed to our core vision.
Strategic Corrective Measures
Recognizing the potential of AI, we've expanded our offerings beyond cross-chain swaps to incorporate AI use cases for better user experience.
Introduced and piloted an innovative Liquidity Incentive Model (OLM) to encourage participation and investment.
Enhanced token utilities: Revenue co-sharing, meta governance, gasless transactions, and other value-capturing modes, designed for sustainability and long-term growth.
Tokenomics re-alignment
In response to the shifting fundraising landscape, we've adapted our tokenomics to ensure financial runway and market alignment. This includes revising vesting schedules and conditions to balance equity and rewards for our early supporters.
Looking ahead
The TGE was originally targeted for Q1 2025. With the beta mainnet already in place, and key pieces plugged-in, we couldn't have been more motivated for the full mainnet, and token launch. However, we have opted to adjust this timeline due to market uncertainty and an unfavorable environment for price discovery and listings. This shift allows us to further fine-tune our approach, ensuring a stronger and more impactful launch when conditions align. We’re confident this decision will benefit our entire ecosystem.
Thank you for your continued support and belief in our vision. Your co-operation and trust is crucial to our collective success. We look forward to achieving these milestones together.
Stay tuned for further updates and enhancements as we progress toward a new future in DeFi!
Best regards,
Team InterSwap
As we continue to strengthen the foundation of InterSwap's long-term vision, our team remains dedicated to bringing the cross-chain liquidity to its highest potential. Here’s an update on our recent milestones, challenges, strategic corrective measures, and what lies ahead.
Reflections: Key Milestones
Backed by the Axelar Foundation, blocmates, Castrum, Absoluta Digital, and more
Product advancements: Incorporating and piloting new-age features across different modules
User validation: Tested and trusted by 100,000+ lifetime on-chain users and 6,000+ MAU in Testnet and vibrant ongoing Beta Mainnet
Capacity building and network expansion: 40+ Ecosystem enablers, 60+ Key Opinion Leaders, and quality advisors with us in this journey.
Launch readiness: Product Mainnet ready, filled public sale (IDO) launchpads, onboarded market makers, and built a CEX pipeline taking us closer to launch & listings
Challenges and Resilience
Market volatility: Recent market fluctuations have impacted retail and investor sentiment, posing challenges in user attraction, retention, and establishing Life Time Value (LTV)
Social media setbacks: Unexpectedly, our X handle was taken down, necessitating a complete rebuild from scratch.
Narratives taking precedence over product merit: Shifting narratives in the crypto space have made it difficult to maintain user focus on product merit, but we remain committed to our core vision.
Strategic Corrective Measures
Recognizing the potential of AI, we've expanded our offerings beyond cross-chain swaps to incorporate AI use cases for better user experience.
Introduced and piloted an innovative Liquidity Incentive Model (OLM) to encourage participation and investment.
Enhanced token utilities: Revenue co-sharing, meta governance, gasless transactions, and other value-capturing modes, designed for sustainability and long-term growth.
Tokenomics re-alignment
In response to the shifting fundraising landscape, we've adapted our tokenomics to ensure financial runway and market alignment. This includes revising vesting schedules and conditions to balance equity and rewards for our early supporters.
Looking ahead
The TGE was originally targeted for Q1 2025. With the beta mainnet already in place, and key pieces plugged-in, we couldn't have been more motivated for the full mainnet, and token launch. However, we have opted to adjust this timeline due to market uncertainty and an unfavorable environment for price discovery and listings. This shift allows us to further fine-tune our approach, ensuring a stronger and more impactful launch when conditions align. We’re confident this decision will benefit our entire ecosystem.
Thank you for your continued support and belief in our vision. Your co-operation and trust is crucial to our collective success. We look forward to achieving these milestones together.
Stay tuned for further updates and enhancements as we progress toward a new future in DeFi!
Best regards,
Team InterSwap
AI first omnichain liquidity unification layer built natively on Axelar
AI first omnichain liquidity unification layer built natively on Axelar
Subscribe to InterSwap
Subscribe to InterSwap
Share Dialog
Share Dialog
>2.2K subscribers
>2.2K subscribers
InterSwapThe Past, Present, and the Future
Dear InterSwap Community, I want to take a moment to share updates on where we stand as a project, the challenges we are facing, and the way forward.The Past: Inception till 2025Late 2021 to 2022: Early DaysThis era was dedicated to problem identification, product concept & architecture design, and finding & evaluating best-fit solution approachesThe 1st major breakthrough happened with the LayerZero messaging solutionLaunched Beta version among closed circles to capture the feedback – but la...
InterSwapInterRelate 1: Seamless Swaps
The logic behind InterSwap is fairly simple; create a solution better than every other one on the market. And to a large extent, we've managed to do just that. Before InterSwap, bridging was an extremely risky adventure. People who wanted to move their assets from one chain to another had to take extreme precautions to ensure they didn't get hacked by nefarious actors.** ** They didn't just have to take extreme precautions, they also had to go through a series of tedious steps....
InterSwapThe Past, Present, and the Future
Dear InterSwap Community, I want to take a moment to share updates on where we stand as a project, the challenges we are facing, and the way forward.The Past: Inception till 2025Late 2021 to 2022: Early DaysThis era was dedicated to problem identification, product concept & architecture design, and finding & evaluating best-fit solution approachesThe 1st major breakthrough happened with the LayerZero messaging solutionLaunched Beta version among closed circles to capture the feedback – but la...
InterSwapInterRelate 1: Seamless Swaps
The logic behind InterSwap is fairly simple; create a solution better than every other one on the market. And to a large extent, we've managed to do just that. Before InterSwap, bridging was an extremely risky adventure. People who wanted to move their assets from one chain to another had to take extreme precautions to ensure they didn't get hacked by nefarious actors.** ** They didn't just have to take extreme precautions, they also had to go through a series of tedious steps....
No activity yet