What is Tokoin (TOKO)?
Tokoin is a blockchain-based solution that enables companies, governments, and individuals to adapt their current traditional models to the blockchain. Simply put, they build blockchain systems for people. This makes it easy for companies that may not have the required expertise and technology to enjoy the benefits of blockchain technology. The mission of the project is to build successful, effective, and sustainable ecosystems, and accelerate blockchain growth.
The platform supports the creation of decentralized finance applications, NFT launchpads, and more. Furthermore, it has several features like My-T wallet – a mobile payment app, Frontera – an NFT marketplace, T-Fi – the Tokoin DeFi environment, and the Tokoin Foundation. The goal is to be the one-stop solution for any blockchain need that may arise.
The project has its utility token called the TOKO token. This token connects all parts of the ecosystem and allows for seamless transactions. You can observe the latest Tokoin price on the live chart above.
Use Cases of TOKO Tokens
The TOKO coin is built to support ERC-20 and BEP-20 standards. As demand for the token expands, the team plans to expand to other networks and blockchains. The TOKO crypto token is designed to serve as a means of interaction between all users in the Tokoin Ecosystem.
TOKO holders can also stake their tokens to earn rewards in TOKO tokens or other rewards like NFTs. The platform promises competitive APY to encourage holders to stake more. To know the value of these rewards, you can check the live TOKO price chart above.
Furthermore, there is also a farming pool for TOKO coin holders. Users deposit their tokens in farming pools and share rewards at the end of the farming period. The project also encourages users or projects to set up farming pools for themselves and their users.
Additionally, TOKO holders can participate in lotteries on the platform. You can buy lottery tickets with your tokens to try winning prizes. These prizes include TOKO coins and NFTs.
Lastly, if you are feeling generous, you can give TOKO tokens as gifts to your friends and loved ones on social media. These tokens can be redeemed for cash or physical items.
Who Founded Tokoin?
Tokoin was founded by Welly Salim. Salim is a tech leader with 15 years of experience in building tech companies and solutions. Other members of the team include COO Eddy Christian who has 10 years of experience in banking and business development, as well as CMO Andrew Riady with 8 years of experience in marketing, building companies, and a vast investment portfolio. Trong Dinh, Tina Thai, and Johnny Lyu are other specialists that make this team rich with experience in the sectors necessary for the platform’s growth.
Tokenomics of TOKO
There are 1,992,959,226 TOKO coins available as the maximum supply. Out of this supply, the ecosystem fund and ICO contributors were allocated 40% and 30% each. The team and early contributors were allocated 10%, while another 10% was reserved in the treasury. Furthermore, 5% was dedicated to the advisors. These tokens were locked and will not be unlocked until certain milestones are met. This is done to ensure the steady growth of the ecosystem and the TOKO price.
