What is Tokocrypto? Is TKO Crypto a Good Investment?

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What is Tokocrypto?

Tokocrypto, a leading cryptocurrency exchange in Indonesia, officially launched in September 2018. In November 2019, Tokocrypto became an Indonesian Government-approved trading platform, helping to strengthen the trust of domestic cryptocurrency community.

Tokocrypto’s vision is to equip Indonesians with broader knowledge of the cryptocurrency sector, while integrating blockchain technology into global society and economy.

https://www.Tokocrypto.com/

Over the past 3 years, Tokocrypto has achieved notable milestones: 30,000+ weekly active traders, 25 million USD daily trading volume, and 240,000+ mobile app downloads since launch in October 2020. To date, Tokocrypto has more than 281,000 registered users.

TKO is the token of Tokocrypto exchange, playing a similar role to Binance’s BNB.

What are the highlights of Tokocrypto?

The biggest highlight of Tokocrypto is definitely the launch of Tokocrypto 2.0 after this event, Tokocrypto officially became a partner of Binance, the world’s largest cryptocurrency exchange. Tokocrypto 2.0 is integrated with leading technology, security and liquidity from Binance’s infrastructure system.

The Tokocrypto ecosystem includes not only the exchange, but also:

Tokonews: Platform providing information and analysis about the cryptocurrency market
Toko Launchpad: Platform for raising capital and distributing tokens for projects
Inblocks: The first annual event about blockchain in Indonesia
Premium Trading: In-depth trading features for professional investors

Information about TKO Token

Key Metrics TKO

Token Name: Tokocrypto.
Ticker: TKO.
Blockchain: Binance Smart Chain.
Token Standard: BEP-20.
Contract: 0x9f589e3eabe42ebc94a44727b3f3531c0c877809
Token Type: Utility.
Total Supply: 500,000,000 TKO.
Circulating Supply: 169,761,345 TKO

TKO Token Use Case

TKO is a token belonging to Tokocrypto exchange and will have the following functions:

Benefits on Tokocrypto: Discounted trading fees, airdrop rewards, exchange tokens for rewards and many other benefits.
Participate in Cefi programs: TKO savings, TKO Cashback.
Use on Defi platforms: Participate in liquidity provision, liquidity mining, lending,…
Join the NFT market: TKO will be the token backing the TKO NFT Arcade project and users can use TKO as a payment unit for NFT works.

TKO Token Allocation

Allocation

With a total supply of 500,000,000 TKO, tokens will be distributed as follows:

Foundation (20%): 100,000,000 TKO.
Product and Marketing (17%): 85,000,000 TKO.
Partnership and Ecosystem (17%): 85,000,000 TKO.
Team (15%): 75,000,000 TKO.
Binance Launchpad sale Public Sale(15%): 75,000,000 TKO.
Airdrop (10%): 50,000,000 TKO.
Mining (3%): 15,000,000 TKO.
Advisor (2%): 10,000,000 TKO.
Private sale (1%): 5,000,000 TKO.

TKO Token Release Schedule

Vesting Schedule

According to the plan from Tokocrypto, TKO will be 100% distributed to the community around March 2026.

Roadmaps & Updates

Below is a summary of the development stages and future roadmap of the TKO Token project:

2021 Q1-Q2: LAUNCH

Launching TKO token
Bridge to BSC chain
The first NFT charity auction event, using TKO as payment
Integration into Tokocrypto’s CeFi ecosystem

2021 Q3-Q4: DEFI DEVELOPMENT

Launch of TKO NFT Arcade
Allow TKO staking to receive reward tokens
Cooperate with e-commerce platforms to pay with TKO

2022: CONTINUE EXPANDING DEFI

Introducing products such as Lottery, Swap, Lending based on TKO

FROM 2023: FUTURE PLAN

Develop TKO into a fully integrated DeFi & CeFi product platform
Expand to other potential markets in the region

Project team, investors, partners

Project team

Development Team

PANG XUE KAI – Founder & CEO

In 2016, Kai became a major cryptocurrency advocate across Indonesia and has since been the main driving force behind Tokocrypto etos.

Kai is a board member at the Singapore Indonesia Chamber of Commerce and Co-Founder and CEO of Tokocrypto.

TEGUH KURNIAWAN HARMANDA – COO

Manda is the key figure behind Indonesia’s crypto asset trading regulations, in addition to focusing on Tokocrypto operations as COO.

Chairman of the Indonesian Association of Crypto Asset Traders (Aspakrindo).

LAI CHUNG YING – CSO

In mid-2020, Ying was elected CSO of Tokocrypto due to the success of his innovative ideas and strategies.

Chairman of INBLOCKS Conference and Indonesia Blockchain Week (IBW) and Binance Smart Chain Summit of Indonesia Blockchain Week (IBW).

NANDA IVENS

Nanda Ivens, current CMO of Tokocrypto, earned a double major in Political Science and History from the University of studied in Boston in 1997.

Nanda has over 25 years of marketing, communications and advertising experience, as well as 13 years of experience investing in and building startups.

SHAUN DJIE

Co-founder of Digix and organized Ethereum Singapore meetup

Member of the Technical Committee of the IT Standards Committee on distributed ledger technology and blockchain, ISO/TC 307.

Investors

According to information from Tokocrypto, Binance is not only a technology partner providing a platform for Tokocrypto. Binance is also the main investor in Tokocrypto with an undisclosed amount of capital.

In addition, Tokocrypto is also invested by QCP Capital, this is an investment fund that has invested in Casper Labs, Tidal Finance, Reef Finance and Cere Network.

Partner

Partners

In addition to its largest partner, Binance, Tokocrypto is also a partner of two platforms providing information about market data, Coinmarketcap and CoinGecko.

Similar projects

Currently, the most prominent similar projects on centralized exchanges are Binance, OKX or Huobi. These are all exchanges with large trading volume, reputation and many potential tokens that you should be interested in investing in.

Conclude

Through this article, you probably have some basic information about the project to make your own investment decision. AZC.News is not responsible for any of your investment decisions. Wishing you success and earning a lot of profit from this potential market.