THORWALLET

A non-custodial wallet that gives you full control over your keys

Hype rating High

Risk rating Low

Overall rating Normal

Overview

ThorWallet is a non-custodial wallet that enables swaps of Layer 1 tokens in a decentralized way with no intermediary. It achieves this by giving users the easiest way possible to participate in DeFi space directly from their mobile phones.

As we witness a paradigm shift in the financial system and the growth of the DeFi space, the THORWallet team seeks to expand the benefits of their ecosystem and the use of multi-chain features.

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BlackDragon Summary

THORWallet is a non-custodial mobile wallet with all functionalities of THORchain. It gives users full control over their keys. With wallets, users can trade native tokens across different blockchains. There is no need for wrapped tokens or using centralized exchanges.

The ecosystem is fueled by TGT multi-utility token, by staking TGT users unlock different community tiers with premium features. Through their gamified missions, the app will enable users to learn the mechanics of DeFi so they can make better financial decisions in the future.

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Token Utility

TGT – Multi-Utility Token

  • Holder of $TGT benefits from a decrease in supply; 20% of revenue from THORWallet ecosystem is used to buy back&burn tokens.
  • Premium Benefits – By staking/locking tokens, users can enjoy different sets of premium features (different fees for different tiers, multi-wallet functionality, etc.)
  • Governance – Right to vote in referendums for the future of the app
  • Community Programs & Gamification
  • Node operation

Basic Metrics

Ticker:
TGT
Token Type:
ERC-20
TGE:
Q4-2021
Hard Cap:
$3,075,000
Initial Circulating Supply:
460,000,000
Initial Market Cap:
$1,000,000
Total Supply:
1,000,000,000
Fully Diluted Market Cap:
$25,000,000 at $0.025

Raise Stats

Round
Private 1
Token Price:
$0.025
Tokens Sold:
102,200,000 | 10.22%
Raise:
$2,555,000
Lockup:
10% on TGE, rest over 12M
Round
Private 2
Token Price:
$0.0400
Tokens Sold:
9,250,000 | 0.925%
Raise:
$370,000
Lockup:
10% on TGE, rest over 12M
Round
Private 3
Token Price:
$0.0750
Tokens Sold:
2,000,000 | 0.20%
Raise:
$150,000
Lockup:
35% on TGE, rest over 5M
Round
Token Price
Tokens Sold
Raise
Lockup
Private 1
$0.025
102,200,000 | 10.22%
$2,555,000
10% on TGE, rest over 12M
Private 2
$0.0400
9,250,000 | 0.925%
$370,000
10% on TGE, rest over 12M
Private 3
$0.0750
2,000,000 | 0.20%
$150,000
35% on TGE, rest over 5M

Roadmap

2021/Q1
2021/Q2-Q3
2021/Q4
2022/Q1
2022/Q2-Q4

Prototype

  • Basic product and Pitchdeck idea with
    clickable prototype to showcase the
    THORWallet product.

Stage 1 – MVP Alpha for iOS

  • Onboarding
  • Overview screens
  • Non-custodial multichain wallet
  • Backend Infrastructure
  • Withdraw/Deposit
  • Swapping
  • Liquidity Providing

Stage 2 – MVP Beta iOS

  • Token Launch
  • Community Mission
  • Synths
  • Start Android Framework

Stage 3 – MVP Gamma with cross-platform support

  • THORChain name service
  • Referral Program
  • THORStarter,
  • Android Swapping Framework

Ongoing Product Iterations – R X.X

  • Retail App
  • Fiat Onramp
  • More premium features

Partners & Investors

Team & Advisors


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