Polkalokr — Restoring Trust and Simplicity to the Blockchain

Twin Apex Capital
3 min readApr 7, 2021

Twin Apex is thrilled to announce our investment in Polkalokr. Polkalokr restores trust & simplicity to complex token ecosystems by creating a multi-chain token escrow platform that puts token distribution into the hands of network participants through governance-as-a-service.

Polkalokr launches its IDO today and introduces a next-generation all-in-one multi-chain token locking and swapping platform builds natively on Polkadot.

Blockchain technology’s trustless, autonomous infrastructure is disrupting centralized and legacy business frameworks across many industries. As the landscape matures at a rapid pace, blockchain projects have garnered attention from a range of users, from financial institutions, business owners, and the everyday investor- all looking to take advantage of immutable and highly interoperable blockchain-based platforms that are changing the way the world transacts.

But all this said, there are pain points remaining to be genuinely addressed when it comes to blockchain technology; there still exists single points of failure that have the power to jeopardize blockchain’s otherwise rock-solid infrastructure.

Polkalokr plans to tackle these issues head-on with a new and exciting model that puts token distribution into network participants’ hands through governance-as-a-service.

As a result of various fraudulent or malicious incidents, countless millions of dollars have gone astray over the years in the blockchain and cryptocurrency space. Some of these incidents took place as a result of wallet and fundamental private mismanagement. This all highlights that a change in approach is desperately needed to prevent otherwise wholly avoidable losses of user and project funds in the future.

Introducing Polkalokr

Polkalokr offers a suite of modular building blocks for all needs. By creating a seamless, omnichannel digital platform with User Experience at its core, they intend to restore trust and simplicity to complex token ecosystems with a multi-chain token escrow platform that puts token distribution into the hands of network participants.

Polkalokr Products

The Polkalokr platform consists of two main products: Lokr and Swapr. Combined, they offer token economies and users within them comprehensive options to lock, distribute, monetize, insure and swap the tokens that underpin the DeFi and blockchain protocols of the future.

Lokr

The most versatile, multi-chain token escrow in the world.

  • Highly user-centric
  • Cross-chain support through Polkadot
  • Fully customizable, flexible release schedules
  • Event-based token unlocks
  • Optional Insurance Products
  • Monetization of locked tokens

Swapr

The P2P, cross-chain token swapping protocol

  • Cross-chain atomic swaps with privacy & multi-sig options
  • Instant or event-based execution via Lokr Oracle feeds
  • Swap any tokenized digital asset

Polkalokr looks to onboard enterprise partners to integrate with their products and services and streamline introducing token economies to existing businesses.

At Twin Apex Capital, we understand all too well the ongoing security issues in DeFi, and we applaud Polkalokr’s vision of bringing security to the space. True to their word Polkalokr are launching their IDO with the support of Ferrum, intending to protect their investors from malicious bots which have become rampant in the DeFi launch space. Twin Apex Capital is honored to walk alongside Polkalokr in the next phase of their journey!

About Polkalokr

Polkalokr is the first all-in-one, multi-chain token locking & escrow platform with built-in privacy functionality. Our products help build trust within the Defi space by removing the human element and focusing on governance through code, with a seamless, omnichannel digital experience platform accessible via mobile, tablet, and desktop.

More ways to learn about Polkalokr:

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About Twin Apex Capital

Twin Apex Capital is a venture capital firm that makes early strategic investments in blockchain companies. We support our projects by way of investment, consultancy, and large-scale exposure. We are constantly on the lookout for projects set to disrupt the blockchain sphere with unique and leading-edge technologies.

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Twin Apex Capital

Twin Apex Capital is a venture capital firm that makes early strategic investments in blockchain projects set to disrupt the blockchain sphere!