First Off, What’s AirSwap?
AirSwap is a decentralized token trading network. If you haven’t done so, I highly recommend you check out their network, here. In very basic terms, AirSwap simply allows buyers and sellers to connect, using the AirSwap protocol to make a trade directly with another party.
There is no centralized order book and AirSwap never takes possession of your tokens.
I became interested in AirSwap because I’m extremely interested in decentralized exchanges (though AirSwap isn’t exactly an exchange). Also, the AirSwap team always seemed to have a very high chance of succeeding on their business goals.
As an investment accountant, it always drives me up a wall when people pitch me “good ideas” with no information on the team. Sit down and have a beer with me after five o’clock and I’ll give you 10 great business ideas, all of which I have no chance of bringing to fruition. AirSwap looks, to me, to be a level headed and business savvy project in a crypto space full of lofty, unattainable promises.
Stamford Hwang is part of the reason I love AirSwap. Deeply knowledgeable about the company, he’s always answered any questions I’ve had in their telegram group. Needless to say, I wasn’t surprised when he was cool enough to answer 5 questions for this article so, without further ado, let’s get to those.
Question 1. In your opinion, what is the most exciting application of AirSwap that could affect us all in the future?
As an alternative to an exchange, AirSwap operates as a decentralized network where buyers and sellers can discover each other and trade tokens directly peer-to-peer. In an effort to empower the future of trade, we’ve created tools like the AirSwap widget which allow projects to offer their communities access to our network. With a simple widget integration, users can stay in-dApp with projects without ever having to leave the project’s site. With project partners like adChain and Bounty0x [with more coming soon], there is no longer a need to direct users to exchanges to participate in their unique ecosystem. The benefits of a decentralized system have the ability to positively impact the global economy in the future.
Question 2. Everyone wants to know! Any hints on a new road map or next steps in terms of development?
August 8th, 2018.
Question 3. What is the number one most misunderstood aspect of AirSwap?
That we are just another order book trading destination or an exchange. We are not an exchange – we are a decentralized peer-to-peer network that allows you to trade directly with counterparties on a global scale.
Question 4. What project are you most excited about outside of AirSwap?
I got into blockchain because of music. For the longest time, I knew we could do something about the inefficiencies within the existing music landscape but I didn’t have a solution without being the middleman. I think existing solutions like BandCamp and Patreon have certainly put artists first but we can probably do better. I’m still very excited about the integration of blockchain and music, starting with projects like UjoMusic that allow artists to distribute music directly to their fans.
Question 5. You need to sit down for a few hours and bust out some work. What is playing in your headphones?
By far the hardest question here. Currently, I’m listening to Taiwanese artists like Softlipa and J. Sheon.
Thanks to Stamford for taking the time out to answer a few questions and thank you for reading.
I highly recommend reading into AirSwap further. There is a lot I’ve skipped to keep this article focused on the interview.
In case anyone is interested, here is J. Sheon.