KuCoin AMA With IX Swap — The World’s First DeFi AMM and Liquidity Pools for Security Tokens and Tokenized Stocks

2021/09/08 04:26:41

Dear KuCoin Users,

Time: September 7, 2021, 12:00-13:07 (UTC)

KuCoin hosted an AMA (Ask-Me-Anything) session with the co-founders of IX Swap in the KuCoin Exchange Group in line with the Spotlight token sale and world premiere listing of IXS.

Project Introduction

IX Swap is the “Uniswap” for STOs and TSOs, the regulatory and liquidity solution for security tokens and tokenized stocks.

Official Website:


Follow IX Swap on Twitter and Telegram.


Julian Kwan — Co-Founder of IX Swap

Julian is a 6x Founder. Building key digital infrastructure connecting CeFi + DeFi. Creator of the world's first Digital SPAC, first AMM/Liquidity pools for security tokens/digital securities, and first Digital ESOP (DESOP). Now focused on building the key infrastructure needed to tokenize the $8T USD private markets. Investor, Advisor and CRO (Chief Representative Officer) of InvestaX's Capital Markets License from the Monetary Authority of Singapore.

Aaron Ong — Co-Founder & Business Development of IX Swap

Aaron's background has primarily been in traditional finance and banking doing investment management and advisory across multiple large private banks.

He manages the business development and operations for IX Swap.

Q&A from KuCoin

Aaron: Thanks for having us here! I am honored to be here!

Julian: Yes, great to be here. I love KuCoin and am super excited to be launching here tomorrow with all your community.

Q: What did you do before crypto, and did you have any other previous ventures in crypto? What is your role at IX Swap?

Aaron: Hi everyone! My name is Aaron, and I am one of the co-founders of IX Swap. My background has primarily been in traditional finance and banking, working in investment advisory across multiple large private banks.

During my time in the banking industry, I was extremely fascinated by the crypto industry and started trading and arbitraging crypto markets back in 2017.

The crypto markets were extremely volatile but offered a plethora of opportunities and an open architecture which was the complete opposite to what I was experiencing at the bank. After years of being fed up and frustrated with traditional banking practices, I left the bank and pursued my interest in the blockchain space working with digital securities, security tokens, and crypto. Security tokens were a natural evolution for me, given my experience in traditional finance and love for crypto.

I will be managing the business development and operations going forward.

Exciting times ahead!

Julian: I have started 6 startups in blockchain, proptech, real estate, and social media, all from scratch with some successful exits. I went to China when I was 20 and stayed for 12 years, mainly in Shanghai and Beijing; they were wild times at every level.

Since 2017 I have been 100% focused on STO and believe this is the biggest opportunity (alongside crypto) in the world today to be spending my days on. I create new business opportunities in new markets and have a great team around us, making it happen.

IX Swap is the most exciting startup I have co-founded yet, join us for the wild ride ahead, strap on your seatbelts crew.

Q: What is the project about in a few simple sentences? For how long have you been working on IX Swap? How many people are on the team?

Aaron: 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) and 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.

Julian: And 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.

Here is our team page:

You can find us on LinkedIn as well:

Aaron: The Company itself is relatively new, and we began building this at the start of the year, but the team has been working on various projects together prior to IX Swap.

Julian: We were cautious when hiring new team members because we wanted the right mix of people from both the traditional and the new crypto world to build this out. The IX Swap team consists of entrepreneurs, capital markets, legal and blockchain experts. We are also publishing our job applications on LinkedIn, so be sure to follow us there and join us to tokenize the world.

Q: What problems do you see within the more "traditional market" of STOs,and what solutions will IX Swap provide? Which of these problems would they solve?

Aaron: I'll take this, seeing as I’ve had first-hand experience with traditional market inefficiencies.

The problems that I see with the more “traditional market” of STOs, as you put it, is the liquidity and regulatory problem.

In the traditional markets today, there is very little volume on the exchanges that offer STOs because of a lack of market makers and volume in general. Many of those already offering STOs are slowly starting to remove them due to regulations as well. Both Binance and Uniswap are two examples of this.

This has been a common topic in recent times as the regulators have started creeping into the cryptosphere.

By offering STO tradability on a DEX instead of a CEX, we can solve the liquidity problem as anyone in the STO ecosystem will be able to provide their liquidity and take the place of traditional market makers. Similarly, by partnering with licensed broker-dealers and licensed custodians, we solve the regulatory and licensing requirements, ensuring stability and liquidity.

We are breaking the barriers of traditional inefficiencies through blockchain technology, paving the way to a tokenized future!

Q: Did you raise funds so far? If so, how did you handle them? Are you planning to do any future raises?

Julian: Let me get this.

We are focused on building the strongest community.

So we have been raising funds, and we completed our private sale a few months ago. The private sale was massively oversubscribed, which shows the belief in the project and solution, but we had to make the hard decision of who we wanted onboard, and the private round investors were provided allocation on a strategic basis. We at IX Swap are committed to building out the STO ecosystem and are committed to the longevity of the project, and we provided allocation to those who shared the same view.

As you all now know, IX Swap is going live with a multi-platform launch together with our partners:, Poolz.Finance and KuCoin! And as to that last message, everyone should jump on Kucoin and prepare to get their IXS.

We are focused on building the product now, so no more fundraising for a while. If needed, we will consider it. We want to build the best product in the market.

Q: What stage is the project at?

Julian: Exactly, time to get involved.

Aaron, you got this, or should I?

Aaron: I got this.

Alpha version for crypto trading is ready and has recently just completed the audit, which passed with flying colors!

Testnet Address:

There will be a new version of the platform, which will be released in a few days.

We also update our community on what we have been up to in the last month, so to always keep up with us, be sure to look out for Mission Update articles. These articles will be pushed out each month on Twitter and Linkedin.

Sneak peeks of upcoming updates and features are available in the article!

Here is the Mission update for September:

Julian: Lots of partnership announcements coming over the next few weeks too.

Aaron: We have a ton of new features that are coming very, very soon. For more info, you can check out our blog to stay up to date on how you can contribute to the IX Swap ecosystem!

Q: What is the token use case, and how does it capture the value of the ecosystem you're building?

Aaron: 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 (Like KuCoin) 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% off 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.

These factors will create a deflationary effect on tokens the more the platform is used.

Julian: Also, ultimately, the more and more STO and tokenized stocks we list on IX swap, the greater the appetite and use for IXS as more projects pair their STO with IXS, size of private market STO opportunity today is $8T USD and projected to reach $15T USD by 2025.

Aaron: Crypto market cap today is sitting at 2.2T, that’s 4x the current size of the crypto space, opening up endless possibilities for STOs.

Awesome, thanks for having us, really appreciate the community support and time to listen to IX Swap. We welcome everyone that wants to help tokenize the world, join us on our mission.

Free-Ask from KuCoin Community

Q: Does your project support staking program? If yes, how does your stake system work? What is the requirement for users if they want to stake in your platform?

Aaron: Yes, staking will be available very, very soon. We made a teaser announcement about it over the weekend. Anyone holding IXS will be able to stake. Stay tuned!

Q: Do you consider community feedback and requests when creating your project?

Aaron: Definitely! We want to build the strongest community, and we take feedback and requests seriously.

Q: Security is the most important thing to consider when starting up a project. How secure is this project for users and investors?

Julian: We have Israeli defense force hackers as our cybersecurity partners. We take security very seriously.

Q: What do you promise your investors different from other projects? And what feature of your project will make investors invest in the long term?

Julian: If you believe in the tokenization of the world, real estate, VC, shares, startups, etc., IXS is building the first solution to bring liquidity to these assets, it’s a huge addressable market, and we have a first-mover advantage.

Q: What is the difference between Uniswap and IXS Swap? Why should I invest in it?

Julian: IX Swap is focused on security tokens and tokenized stocks. Uniswap can only deal in crypto. We have licensed compliant partners to facilitate the custody and pools. Think of us as a brother-sister-type model but different assets.

Q: The security of the smart contract has been called into question due to a large number of hackers. So, are the smart contracts of IX Swap verified or audited?

Aaron: Yes, of course! We passed with flying colors and had made a post about it over the weekend. We are dealing with securities, and an extra layer of compliance and security is what we will bring to the table.

Q: Can you tell us how First Digital helped your project development? Who are the main audiences of IX Swap, and do you focus on non-encrypted users who do not understand NFT and DeFi?

Julian: First digital is the first, but not the only, licensed STO custody provider for the liquidity pools.

Q: What inspired the development of this IX Swap project? How did you prepare for the long-term development of IX Swap?

Julian: We first built InvestaX, one of the world’s first licensed STO exchanges, and we know the entire industry is lacking a solution that IX Swap brings.

Q: Does IX Swap have any strategic partnerships in the crypto world that you can list?

Julian: Yes, please check our homepage:

Q: 1. Ecosystem expansion. 2. Community. 3. Product development.

From the above 3 points, which one is your main priority? Or are all of them important?

Aaron: To be honest, all those items you have listed are all just important, and you can't really have one without the other. If you have a great product and no ecosystem/community, there's no point to that and vice versa. All points above need to be treated with the same amount of priority and attention.

Q: Experienced team is the most vital thing in building company growth. A project will not develop without being managed by an experienced team, no matter it is good. So, how about the project? Does your team have good experience in the cryptocurrency world?

Aaron: The experience of our team is vast and spreads across multiple disciplines, including crypto, with a heavy focus on all areas of the blockchain space.

Julian: Founding team has started over 15 startups between them, so we have deep experience in building new products in new markets and are here for the long term to make IXS a top 20 coin and IXS the leading STO AMM in the world.

Q: Does IXS support any betting or mining schemes? What are its requirements?

Aaron: Our liquidity mining program will be available very soon. We showed a sneak preview of the designs in our last newsletter, be sure to check it out!

Q: How does IXS improve my DeFi experience? Given the long holding of IXS tokens, where else can we expect to be listed on exchanges in the near future?

Aaron: Well, currently, there aren't any platforms that will allow you to create value out of your idle STO assets. In regards to your second point, KuCoin all the way!

Q: Is there anything else you would like to share or you want us to know?

Julian: Awesome, thanks again to the rest of the KuCoin community.

Aaron: Appreciate everyone who attended the AMA today!

The IX Swap’s vision is for a tokenized world where all real assets will be available to everyone on the blockchain. The IX Swap Team would like to invite our community to participate in our upcoming launch. Join the IX Swap army; be part of the revolution!

Thanks, everyone!

Giveaway Section

KuCoin and IX Swap have prepared a total of 2,000 USDT to give away to AMA participants.

1. Free-ask section: 75 USDT

2. AMA quiz: 1,500 USDT

3. Participation rewards (red envelopes): 425 USDT

. . .

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