Airswap is a project that focuses on the development of a decentralized exchange on which Ethereum Tokens can be exchanged. Many ICOs are held on the Ethereum network. These projects pay the investors in Tokens of the relevant project. Nowadays, when you want to trade in this, you always have to use a third party. With Airswap it is possible to exchange coins directly and without intermediary on the Ethereum blockchain.
AirSwap was founded in 2017 and was known for offering frictionless peer-to-peer transactions for ERC-20 tokens to a group of mainly private investors.