AirSwap is the name for the AirSwap decentralized exchange as well as the name of the membership token for the AirSwap decentralized exchange built on the Ethereum blockchain. According to a May 2017 whitepaper written by AirSwap's founders,Michael Oved and Don Mosites, the "swap" protocol provides a means for parties to signal to others their intent to trade tokens on a peer-to-peer basis. Once parties are connected, potential counterparties communicate price and order information and then execute an Ethereum smart contract to fill orders on the Ethereum blockchain. AirSwap launched its token trader on February 1, 2018.
- What is AST? The AirSwap Token. Coincentral.
- Swap: A Peer-to-Peer Protocol for Trading Ethereum Tokens. AirSwap.
- How AirSwap Is Changing the Game for Decentralized Exchanges. The Merkle.