Is investing TKO on Tokocrypto potential?

Tokocrypto (TKO) is Indonesia's first regulated cryptocurrency exchange, offering a unique Token model with utilities ranging from tokens on exchanges, to CeFi and DeFi. So is the investment in TKO on Tokocrypto potential? Are there any risks?

Officially launched in September 2018, Tokocrypto is a fully licensed virtual currency exchange introduced as Indonesia's first regulated cryptocurrency trading platform where traders can buy. legally sell your digital assets. Tokocrypto was registered under the Indonesian Commodity Futures Trading Authority (BAPPEBTI) in November 2019.

1. What is Tokocrypto?

Tokocrypto is a cryptocurrency exchange in Indonesia. Founded in 2018, Tokocrypto has become the fastest growing digital asset exchange in terms of both trading volume and number of subscribers. The platform launched the Utility Token named TOKO token or symbol TKO.

Tokocrypto offers users many different features from basic to advanced:

  1. Cryptocurrency trading platform.
  2. Toko Launchpad: Join decentralized services.
  3. Increased Cross-chain interoperability.
  4. TKO NFT Arcade: Investors can use TKO as payment unit for NFT works.

2. Outstanding features of Tokocrypto

  1. Seamless User Experience: Tokocrypto has launched Tokocrypto 2.0, an upgraded cryptocurrency exchange, offering investors a trading experience, security, fast transaction speed, stable platform, openness and transparency.
  2. Strong community: Tokocrypto community with 200K members Telegram. In addition, Tokocrypto's TKO global Telegram community just launched in March with more than 5,000 members.
  3. Reliable exchange: After 3 years of operation, Tokocrypto has strengthened trust with customers, provided a stable exchange, supported multiple currency pairs, lowest transaction fees and most competitive withdrawal fees Indonesia.
  4. Valuing customers : The platform that considers customers as the top target, providing a professional customer service team.
  5. Binance IDR (BIDR) stablecoin : Tokocrypto launched Binance IDR (BIDR) in June 2020, pegging its price to the Indonesian local currency.
     

3. Token TKO

As TipsMake mentioned above, TKO is the Utility Token on the Tokocrypto trading platform, used:

  1. Trading on Tokocrypto : As an exchange's token, TKO token holders will receive a discount on transaction fees, exchange of goods and other incentives.
  2. Participation in CeFi programs: Additionally TKO token can be used in TKO deposit, TKO savings and TKO cashback programs .
  3. Multi-platform DeFi usage : Integrating TKO on 3rd party DeFi platform through farming pool, lending, .
  4. NFT Market: The TKO token will be the backbone of the NFT market (TKO NFT Arcade).

Basically TKO token is Binance Smart Chain (or BEP20). BEP20 is a token standard that allows any user to deploy digital currencies or fungible tokens on Binance Smart Chain. Additionally, top digital assets on other chains can be transferred to the blockchain in the form of pegged BEP20 tokens.

Binance Smart Chain uses both a Delegated Proof of Stake (DPoS) and proof-of-authority (PoA) consensus mechanism to ensure transaction authentication on-chain.

Basic information:

  1. Token Name: Tokocrypto (TKO).
  2. Launchpad Hard Cap: $ 7,500,000.
  3. Hard Cap / User: 20,000 USD (200,000 TKO).
  4. Total Token Supply: 500,000,000 TKO.
  5. Total Tokens allocated to Binance Launchpad: 75,000,000 TKO (15% of total token supply).
  6. Public TKO Token Price: 1 TKO = 0.10 USD.
  7. Coins supported: BNB only.

4. Roadmap (roadmap) Tokocrypto

Quarter 1 - 2/2021:

  1. Official launch of TKO token.
  2. IBW <> BSC Summit 2021
  3. TKO NFT Charity Arts Auction: TKO is used as the auction currency for the event, with profits given to charities and blockchain initiatives.
  4. Integrating TKO CeFi: The largest e-wallet in Indonesia.

Quarter 3 - 4/2021:

  1. TKO NFT Arcade: The first market in Indonesia for technical collectibles and creative assets, investors can use TKO as the payment unit for NFT works.
  2. TKO Bumper Pool: Investors can lock (lock) or stake (stake) TKO and farm other free tokens in the pool.
  3. TKO Staking: Stake TKO to make a profit.

Quarter 1 - 3/2022:

  1. TKO Lottery: Buy lottery tickets with TKO to win leveraged prizes.
  2. TKO Liquidity Swap: An investor provides liquidity in pools and becomes a liquidity provider, earning transaction fees and interest.
  3. TKO Lending: Stake TKO as a collateral.

Quarter 4/2022:

TKO becomes a comprehensive approach to the CeFi and DeFi product range, supported by Tokocrypto's ecosystem and mobile apps.

5. Projects and investors of Tokocrypto

The Tokocrypto project has raised $ 500,000 from the private token sale. Of which 1.0% of the total supply of TKO tokens was sold at a price of 0.10 USD / TKO. In addition, TKO tokens are also distributed through marketing campaigns.

The 2 main investors of Tokocrypto are: QCP Capital and Binance.

6. TKO transaction on Binance

Binance listed Tokocrypto (TKO) and opened trading on the exchange, supporting trading in pairs:

  1. TKO / BTC
  2. TKO / BIDR
  3. TKO / BUSD
  4. TKO / USDT

7. Does Tokocrypto have potential?

Since its launch, Tokocrypto has become the fastest growing digital asset exchange in terms of both trading volume and number of subscribers.

Along with a clear roadmap, plus trading platforms are also invested by the industry giants Binance and QCP Capital. From these reasons, it can be seen that the Tokocrypto project is quite potential.

Information about TKO coin on Tokocrypto that TipsMake introduced above is for reference only, not investment advice.

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