With the most recent innovation and the emergence of Blockchain, technology has a reputation for condensing space and time. The worldwide blockchain industry is anticipated to reach $1,431.54 billion in value by 2030, rising at a CAGR of around 85.9% between 2022 and 2030, given its present huge expansion.
By 2030, blockchain may increase the global GDP by $1.76 trillion. 96 percent of financial sector specialists think blockchain has gained widespread acceptance.
With the second wave of widespread adoption from defi and gamefi coming at an incredibly quick pace, more and more businesses, including established corporations and tech startups, are joining the race to rule the cryptosphere.
The resources are dispersed, which makes it hard to expand sustainably and withstand the bad market. There isn’t enough time for good ideas to develop. Costs for services and human resources are rising at the same time as inflation.
To prevent ongoing initiatives from reinventing the wheel and to allow them to concentrate on what they do best, a blockchain-as-a-service is desperately required. Blockchain-as-a-service (BaaS) describes cloud-based infrastructure and administration provided by a third party to businesses creating and running blockchain applications.
BaaS performs the back-end management for a platform or app built on blockchain in a manner similar to that of a web host.
Tokoin, powered by the super token TOKO, offers a backbone infrastructure to function as the technological layer and business support to the projects rather than leaving them to construct everything on their own.
The TOKO token, an essential component and useful component of their ecosystem, will be at the hub of everything from De-Fi platforms to the NFT ecosystem.
Introduction
What is Tokoin?
With the use of blockchain technology, Tokoin is a technology startup that aspires to meet the demands of small businesses and local governments. They have faith in the BITs’ (Blockchain Innovative Thinkers) capacity to transform society, beginning with the support of visionary enterprises.
Problem and Solution
The lack of familiarity with and competence in using blockchain technology is the most significant obstacle that many older and more established organizations must overcome.
Developing an ecosystem that offers a diverse selection of products and services under one roof is the proposed answer. Taking into account the user-friendliness, safety, efficacy, and efficiency of each and every one of their product and service offerings.
The Mission, Vision & Value
Vision: To bring together an exceptional collection of people from a wide range of experiences and skill sets in order to mold the Tokoin ecosystem and community of today into the Tokoin ecosystem and community of the future.
The mission is to establish a blockchain ecosystem that is profitable and sustainable and to speed up growth while improving efficiency and effectiveness.
Offer first-rate blockchain products and services to people and organizations, as well as provide assistance to such entities.
Tokoin’s Ecosystem Products
To further help institutions adopt blockchain technology for their purposes, Tokoin seeks to create a one-stop ecosystem of blockchain-related products and services. Their one-stop ecosystem will assist in addressing difficulties relating to technology, fundraising, and business growth from all of the institution’s business elements. Tokoin now offers the following products and services:
● T-Fi: Tokoin DeFi
● My-T Wallet: Mobile Payment App
● Tokoin Foundation – OFU Capital
● Frontera: NFT Game
T-Fi (Tokoin DeFi)
They want T-Fi to be a platform that allows users to conduct financial transactions without the usage of middlemen. Take charge of your cryptocurrency assets and decide what will allow you to profit from them the most.
Whether you want to earn a high APY or high APR, or you want to gain from staking, farming, lending, or borrowing, the options are endless. T-Fi seeks to provide a comprehensive solution of staking/farming to the fledgling gamefi projects who don’t have the means to set up the system on their own, in addition to providing genuine advantages for the end users.
They will be able to concentrate on creating their own game and doing what they do best since T-fi will serve as an accelerator.
My-T Wallet
My-T Wallet is a mobile payment app that provides a secure, audited wallet with practical features built in, opening the door for blockchain projects to swarm on and surround their environment without having to create their own wallet and go through the time-consuming testing, bug-fixing, and auditing processes.
Tokoin Ecosystem’s Interconnectivity through Partnerships
At Tokoin, they are always looking for outstanding initiatives to assist them further enhance their ecosystem in addition to creating their own.
The projects might increase hack their ecosystem progress and token usefulness by nurturing and offering their knowledge with a broad variety of capacity to those initiatives. These are the ongoing initiatives that they collaborated on and took part in.
FRONTERA
Non Fungible Token (NFT) is a rapidly expanding market, and when The Realm of Frontera was launched, its primary goal was to provide players with an unmatched gaming experience using blockchain technology.
They are now prepared to make a larger leap of faith as the industry and their domain expand. For the vast majority of NFT holders, the team is now building a full ecosystem of NFT products and services.
Frontera will serve as a conduit for the use of TOKO in the NFT space.
Tokoin Foundation (OFU Capital)
The primary objective of OFU Ventures is to identify and support promising blockchain startups. The $TOKO utility & ecosystem will continue to grow thanks to OFU’s investments in initiatives that will support them.
TOKO Token
Introduction
The mission of Tokoin is to create a broadly useful and sustainable blockchain ecosystem. The team believes that a shared platform and ecosystem are essential for maximizing the possibilities of blockchain technology and striking a balance between efficiency and effectiveness. They create TOKO tokens as a method of communication and services inside their ecosystem in order to do this.
Super token TOKO is a crucial component of their whole ecosystem and is employed in their De-Fi products and NFT ecosystem as a utility token, payment token, and incentive token.
At first, TOKO is created on the ERC-20 network; more subsequently, it has also been extended to the BEP-20 network. New network interoperability is coming as demand for their token use rises.
Utilization
The TOKO coin is designed to be flexible and will change significantly as the Tokoin ecosystem expands. Users may have a common denominator and method of data transmission amongst all of their ecosystems by using TOKO token.
The TOKO token also powers the related ecosystem goods, such as staking, lottery, and lending. From a technological standpoint, TOKO also fills the gap between conventional projects and the cryptocurrency business or between other chains and the system.
Staking: Stake TOKO and/or other well-known currencies with competitive APY/APR and a variety of locked withdrawal times to reduce the quantity of coins in circulation.
Farming: A farming pool, as the name implies, for TOKO holders and other partners to reward holders with a variety of tokens. Startups and Gamefi projects are encouraged to collaborate and expand the token farming pool here for effectiveness and delivery.
Lottery: Play a high-return, entertaining minigame for a chance to win the big prize in TOKO tokens.
Social Media: Utilize the networking platform to send presents to friends and family using TOKO, and exchange points for tangible goods or tokens..
Wallet: A simple way for consumers and small businesses to use the wallet’s mobile services, such as staking, OTC trading, and insurance.
TOKO Token Availability
Currently, TOKO is listed on internationally prominent Centralized Exchange like as KuCoin, AscendEx, and Indodax. Additionally, it may be found on DEXs and blockchain applications like Coin98 and PancakeSwap. It is also available on My-T Wallet App for Indonesian consumers to buy.
Tokenomics
➧ Tokoin Ecosystem Fund (40%)
➧ ICO Contributors (35%)
➧ Team & Early Contributors (10%)
➧ Future Expansion Treasury (10%)
➧ Advisors (5%)
Current Circulating Supply
Based on current token circulation as of July 2022, there are around 490 million TOKO tokens in circulation, which represents about 25% of the entire supply of over 1.9 billion TOKO tokens.
➧ Public Circulation (27.15%)
➧ Tokoin Ecosystem Infrastructure & Users Incentives (22%)
➧ Marketing & Token Adoptions (17.46%)
➧ Treasury (10.6%)
➧ Frontera NFT Ecosystem (10%)
➧ Tokoin Ecosystem Fund (40%)
➧ ICO Contributors (35%)
➧ Team & Early Contributors (10%)
➧ Future Expansion Treasury (10%)|
➧ Advisors (5%)
➧ Centralized Exchange Cold Wallet Reserves (8.24%)
➧ Team/Advisors/Contractors (4.03%)
➧ Burn (0.52%)
Additional Information
The public and VCs have collectively staked 150 million TOKO that are not presently in use, with term locks ranging from three months to twelve months.
A deep lock has been placed on around 75% of the entire supply of TOKO tokens, and they won’t be released until a number of objectives have been met.
Since the ICO, vested tokens have been entirely distributed to private investors, advisers, and venture capitalists and are now in general circulation.
Roadmap
Through these channels and product developments, Tokoin will further improve their ecosystem and TOKO token utility.
➢ De-Fi Games: a variety of internal minigame ecosystems in T-Fi that let users use their TOKO tokens as entries to win alluring rewards. Along with skill- and luck-based minigames, they will also be adding leaderboards for a unique gaming experience on a De-Fi platform.
➢ Lending De-Fi Protocol: Do more with your assets so that the NFT/Token collateralized lending protocol may be used, which will allow its holders to do more. For customers who need immediate money from their investments, TOKO will act as a liquidity token.
➢ Interact to Earn: They are now in the final stages of negotiation for a social media app that allows users to connect and match with organizations and people that share their interests. obtaining rewards in the form of TOKO tokens, opening up advanced features, and using them to express gratitude to one another.
➢ Expanding their Network: The company’s main emphasis has always been on TOKO token improvements and innovations. They will soon incorporate TOKO token on additional networks and chains to support this development and their constantly growing ecosystem. Making it accessible on other networks, like Solana, Polygon, etc. once they reach specific benchmarks
➢ Opening up SDK for Partners: One of their business’s main advantages has always been their connections to and history with well-known blockchain and cryptocurrency firms like KuCoin, WadzPay, and Kardiachain, to mention a few. By establishing an enterprise solution team, the team will continue to grow and nurture new relationships with interesting new partners. Additionally, they want to make it simple for regional authorities and other significant conventional businesses to use their ecosystem blockchain technology by opening up their ecosystem SDK to them.
➢ Tokoin Blockchain Network: The Tokoin team is constructing its own blockchain network. The group will adhere to the NPoS (Nominated Proof of Stake) consensus and use Substrate as their framework. The Tokoin network will put an emphasis on maintaining a low gas fee that is also secure and scalable.
Official Links
Let’s keep up with Tokoin’s latest happenings by subscribing to their official channels:
Telegram: https://t.me/tokoinglobal
Twitter: https://twitter.com/tokoinglobal
Facebook: https://www.facebook.com/TokoinGlobal
Medium: https://medium.com/@tokoin
