About Toko Token (TKO)
Toko Token (TKO) was officially launched in September 2018 and became the first entity in Indonesia to be registered under the Commodity Futures Trading Regulatory Agency Indonesia (BAPPEBTI) in November 2019. vision is to help Indonesians gain a broader knowledge of the industry and to integrate the technology into the society and subsequently, the global economy. Over the last three years, has achieved multiple milestones including 30,000+ weekly active traders, $25,000,000 USD daily trading volume, 240,000+ downloads since mobile app launch in October 2020 and a user base of 281,000+ registered users.
Toko Token (TKO) launched an upgraded crypto exchange powered by Binance Cloud, enabling customers to experience better trading, security, transaction speeds, a stable platform which is open and transparent. has a strong social media presence and experienced phenomenal community growth with 200K Telegram members, 400% from the previous year. Tokocrypto’s TKO global Telegram community just launched in March 2021 with already 5K members. : In 3 years of operation, Tokocrypto has fostered a relationship of trust with customers, offering a stable exchange with minimal downtime, the most coin pairings, the lowest trading fee and the most competitive withdrawal fee in Indonesia. The synergy of TKO and BIDR offers a seamless experience from a hassle-free fiat gateway to easy access to crypto-assets and DeFi technology.
Toko Token (TKO) In mid-2020, Ying was elected CSO of Tokocrypto as a result of the success of his creative ideas and strategies. ● The Chairman of the INBLOCKS Conference and the Indonesia Blockchain Week (IBW) and Indonesia Blockchain Week (IBW) Binance Smart Chain Summit. Nanda Ivens, the current CMO of Tokocrypto, earned a double major in Political Science and History from Boston University in 1997. ● Nanda has over 25 years of marketing, communication, and advertising experience, as well as 13 years of experience investing and building startups Member of the Technical Committee Board of the IT Standards Committee for Blockchain and Distributed Ledger Technologies, ISO/TC 307.
Toko Token (TKO) Storage Key Points
|Coin Name||Toko Token|
|Circulating Supply||108,500,000.00 TKO|
|Source Code||Click Here To View Source Code|
|Explorers||Click Here To View Explorers|
|Chat||Click Here To Visit|
|Whitepaper||Click Here To View|
|Official Project Website||Click Here To Visit Project Website|
Exchange Platform Token:
Toko Token (TKO) As an exchange platform token, TKO offers trading fee discounts, airdrop entitlement, merchandise redemption, and other incentives.
Participation in Deposit & Savings Programs:
The TKO token can be used in deposit and savings programs such as TKO Deposit, TKO Savings, and TKO Cashback.
Cross-Platform DeFi Use Cases:
Toko Token (TKO) Planned use cases also include integrating TKO on third-party DeFi platforms via farming pools, lending, and more.
Tokocrypto will pioneer the Indonesian NFT landscape with Indonesia’s first-of-its-kind marketplace for digital collectibles and creative assets from emerging young artists. TKO is the backbone of the platform and the payment gateway between creators and audiences
Burning of TKO to reduce supply:
Every quarter, Tokocrypto will utilise a portion of trading volume generated on our crypto-to-crypto platform to burn TKO tokens, up to 10% of total TKO token supply.
Future DeFi Development
Toko Token (TKO) will conduct initiatives with future collaboration with DeFi protocols to formulate innovations including but not limited to: farming pools, lending, and NFTs TKO NFT Arcade – Indonesia’s first-of-its-kind marketplace for digital collectibles and creative assets of emerging young artists powered by TKO. TKO Bumper Pool – Users can lock/stake their TKOs and earn other tokens for free in a farming pool. TKO Staking – Users stake TKO for interests and possible redemption of merchandise in partnership Indonesia’s Ecommerce Stores TKO Lottery – Buy lottery tickets using TKO to redeem leveraged prizes TKO Liquidity Swap – users can provide liquidity in the pools and become a liquidity provider, earning transaction fees and flexible interest
INBLOCKS Conference 2018, 2019 : INBLOCKS is an annual conference of the blockchain technology ecosystem in Indonesia Indonesia Blockchain Week 2019, 2020 : Indonesia Blockchain Week is an annual event in Indonesia that focuses on providing blockchain communities with information about the Indonesian blockchain landscape ● Indonesia Blockchain Week – Binance Smart Chain Summit 2021 : The summit hosts series of engaging and thought-provoking online sessions, discussing the potential for pushing out TKO and the BSC ecosystem in Indonesia.
Toko Token (TKO) combines and coordinates various functions like hybrid PoS consensus, on-chain council governance, WASM virtual machine, native execution of smart contracts, efficient light-client protocol, off-chain workers, and multi-signatures. The system architecture is highly compatible with Polkadot.
The module is based on the native token PCX. For the most part, it includes functions performed by PCX such as staking, paying fees, on-chain governance, distributing inter-chain mining rewards, and backing Bitcoin financial derivatives. PCX is related to most programs running on ChainX.
Toko Token (TKO) A cross-asset transaction module, it promotes circulation of assets on different chains while minimizing transaction costs.
This is an ‘entering or exiting’ module for different chain assets and the X-Tokens. It includes an inter-chain transaction verification system, on-mintage program, trusteeship program, and a deposit and withdrawal program for the X-Tokens.
A window for information exchange and verification between and outside chains, it is primarily comprised of a chain information update program, a chain monitor program, and an inter-chain information collection and transmission program.
Toko Token (TKO) cryptocurrency PCX (Polkadot ChainX) issued by ChainX has a fixed total supply of 21 million. In the initial dividend round or the first 210,000 cycles, 50 PCX is distributed as a reward in each cycle, and 25 PCX for the second round. 20% of the issuance in the initial round (which accounts for 10% of the total) goes to the founding team for ongoing project development. All the subsequent issuance goes to the community.
Toko Token (TKO) adopts the BABE+GRANDPA hybrid consensus, Polkadot’s brand-new mechanism whose most notable feature is to separate block confirmation from block generation. The BABE (Blind Assignment for Blockchain Extension) module generates blocks every 6 seconds, with GRANDPA (GHOST-based Recursive ANcestor Deriving Prefix Agreement) making the final confirmation.
A tricameral governance structure has been adopted by at the advice of Polkadot for better decentralized community governance. The three chambers are a Referendum Chamber, a Council and a Technical Committee. In addition to these, will also be introducing a Treasury (to incentivize groups and individuals that contribute to the ecological development of ChainX) and the X-Association, a non-profit organization responsible for promoting the development of both the community and technology.