5 Reasons Why Toko Token (TKO)’s Newly Launched White Paper is a Must-Read for All Crypto Enthusiasts
On 4 December 2021, Tokocrypto took the crypto community on an exploratory voyage through The Kripto Odyssey (T.K.O) Summit 2021 which is the second edition of Tokocrypto’s TKO quarterly summit. Hosted on YouTube Live with more than 15,000 viewers from around the world in attendance, the Summit brought together two panels which were jam-packed with a star-studded lineup of experts who treated the audience to a thought-provoking discourse filled with invaluable insights garnered from the professional experience and industry knowledge of these experts.
Towards the tail end of the Summit, the showstopper moment came when Tokocrypto’s co-founder and Chief Executive Officer (CEO) Pang Xue Kai announced the launch of Toko Token (TKO)’s white paper (“the White Paper”). With TKO having taken on a life of its own as the bedrock of Tokoverse which is an avant-garde crypto crypto ecosystem that is home to a host of projects which straddles the key domains of the crypto world, this is indeed the most opportune of time to launch a full-blown white paper for the token which would enable crypto enthusiasts particularly Tokonauts to take stock of all things TKO-related and get a big picture perspective of the token.
The Big Idea
Taking a bi-focal viewpoint of TKO, the White Paper focused on both Tokocrypto as the issuer of TKO as well as the token itself. Starting off with Tokocrypto, the White Paper set forth the credentials of our platform as the foundation on which TKO is built. From a regulatory perspective, Tokocrypto is the most trusted crypto exchange in Indonesia as we are the first entity in the country to be registered with the Commodity Futures Trading Regulatory Agency Indonesia (BAPPEBTI) whereas from an operational perspective, Tokocrypto’s independently-audited network coupled with its ISO-certified data information and cloud management systems warrants the systemic integrity of Tokocrypto as the issuer of TKO.
Building on Tokocrypto’s rock solid foundation, the White Paper then proceeded to explore the very essence of TKO which makes it stand out from the rest i.e. the token’s unique hybrid token model which combines the time-tested stability of centralized finance (CeFi) with the innovative flexibility of decentralized finance (DeFi). Standing testament to the product/market fit of TKO’s hybrid token model is its record-breaking launch on the Binance Launchpad on 7 April 2021 which resulted in a 50,000% oversubscription of its hard cap. Since then, TKO’s suite of programs has developed to encompass an non-fungible token (NFT) marketplace in the form of TokoMall as well as a host of functional use cases and staking options.
Looking to the future, TKO’s upcoming projects include T-Launchpad which will serve as a platform to kick-start new blockchain projects in Indonesia’s ecosystem and Tokocrypto Metaverse which will incorporate a host partnership-driven initiatives involving the deployment of GameFi-based play-to earn (P2E) mechanisms. Long story short, TKO will serve as the unifying thread that weaves together the various components of Tokoverse.
Give Me Five
Here are 5 features of the White Paper which provide 5 reasons why it is a must-read for all crypto enthusiasts particularly Tokonauts:-
- Conceptualization
The White Paper sets out Tokocrypto’s blueprint to bring to life TKO’s underlying concept as a purpose-driven project whose mission is to promote socio-economic betterment of 270+ million people in Indonesia and thereafter the 8+ billion global population.
- Encapsulation
The White Paper encapsulates the role of TKO in the key areas of the crypto domain including CeFi, DeFi and GameFi.
- Strategization
The White Paper incorporates the Tokoverse strategy which focuses on Tokocrypto’s core Indonesian market with global expansion as the basis of every strategy through the creation of tactical functionality for TKO to give the token a full spectrum of use cases in multi-industries with the prospects of multi-nationalities.
- Projection
The White Paper outlines Tokocrypto’s roadmap for the development of TKO whereby some notable key highlights include the launch of Asia’s first crypto hub i.e. T-Hub in the first quarter (Q1) of 2022, the initiation of programs tailored to engage university students and wider communities through TokoScholars in the second quarter (Q2) of 2022, the inception of TokoNews as a blockchain and crypto news aggregator in the third quarter (Q3) of 2022 with the completion of Tokoverse’s evolution into a holistic and all-encompassing blockchain ecosystem set to take place by the fourth quarter (Q4) of 2022.
- Realization
The White Paper would be the guiding Constitution to realize the infinite potential of TKO through the harnessing of network effects of the token in tandem with the growth and expansion of the scale and scope of our Toko community and Tokoverse ecosystem.
With so much in store, wait no more and start reading the White Paper here.
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