TOKOIN - Overview

Hello friend …
I will give an article … to help you learn about a project that was launched. And after you learn that you can be interested in buying it.
Let’s immediately see my explanation. This project is named TOKOIN.

This project has a team that doesn’t need to be doubted. Therefore you don’t need to hesitate to trade.

TOKOIN works as a platform that provides convenience to every B2B stakeholders to reach their business goals respectively. Our blockchain-powered platform works by reciprocating data using a distributed proof of commitment incentive model and connects resellers directly with producers of all sizes thereby empowering the resellers with buying power.

Blockchain is used to provide transparency through accurate shipping information, near-time market data, reputations, traceability, tracking and most importantly; a method to ensure purchase commitment and allow global participation. Tokoin aims to reduce the number of distributors in the supply chain and flatten the current gap between producers and resellers so that every partaker build trust by delivering better value to each other. In Tokoin, we believe that trade and distribution should be easily trusted, transparent and equally empowering to all participants.

This is a blockchain based platform that is dedicated towards the creation of a trusted and reputable profile for MSMEs which will be made possible by assembling the business non-financial data into a digital identity.

Also, the problem of financial support by start us MSME’s will be eliminated by building the business reputation by utilizing the information data recorded in the blockchain network which has already been verified, this valuable data can be used by businesses as a leverage to meet up with lending requirements, hence, getting access to financial services needed for the business growth.

The Modus Operandi of Getting Digital Identity on Tokoin

• A business account is created on Tokoin’s App by MSMEs’
• A KYC is done by Tokoin team to verify the profile being submitted by an MSMEs’
• An official business identity is earned from Tokoin immediately KYC gets successful
• This business identity can then be used to carry out transactions by MSMEs’ on marketplaces affiliated with Tokoin
• Digital ledger can therefore be maintained by MSMEs’ and also create transaction records by doin transactions with their digital business ID.

What’s in it for Brand and service providers?

• They can easily access user’s profile
• They are able to see real-time business transactions
• They are able to see business reputation and
• They can also see affiliate networks.

Toko utility token shall serve as the native token on this platform with shall be used as a form of interaction between participants.

Initially, the token shall be ERC-20 based which will later be converted should the team decide to move to another main-net.
Some other use-cases of the token include;

• Form of incentive whenever a participant in the platform submits and validate a transaction data
• Serves as pre-requisite for using some services on the platform such as business insights, access to advertisements and transaction data for service providers among several others.

The total supply of the token is 2,000,000,000 TOKO with 700,000,000 TOKO budgeted for token sale in which funds gotten shall be used for the kick-start of the platform.

HOW TOKOIN WORKS?

Buyer

• TOKO tokens flow starts based on the valuability of data
• Reseller input informations: basic profile and product value demand

Seller

• Reseller’s data will be valued to redeem appropriate discount
• Producers earn benefits with the action of staking tokens

TOKOIN ECOSYSTEM

These are the users involved in the business activity of Tokoin. MSME as the data provider, submit their transaction data activity through Tokoin dApp. Tokoin process and validate the data into valuable asset. Partners can acquire the data by staking TOKO tokens.

WHY TOKOIN IS INDONESIAN’S NUMBER ONE BLOCKCHAIN PROJECT

Indonesia is the fourth most populated country in the world with more than 269 million people. Their MSMEs contributes to almost 60% of its GDP. It also has the largest economy in the ASEAN region and ranked the 7th largest in the world in terms of GDP and PPP. Another report indicates 70% of MSMEs in merging markets lack access to credit. Imagine launching Tokoin in such complex MSMEs giving the entire team ample experience and knowledge to expand further into the ASEAN region as well as other upcoming markets. Other governments are for sure watching closely the outcome of the partnership between Tokoin and Indonesia. Already three prominent government institutions with crucial roles in the MSMEs sector have partnered with Tokoin, these are:

Indonesian Chambers of Commerce and Industry.

Ministry of Industry of The Republic of Indonesia.

Ministry of Trade of The Republic of Indonesia.

TOKEN INFO

Token Name: TOKO

ICO Token Type: ERC-20

Total Token Supply: 2,000,000,000 TOKO

Token Sale: 700,000,000 TOKO (35% Token Supply)

Hard Cap: $ 25,000,000

Soft Cap: $ 8,000,000

Token Allocation

ICO Contributors — 35%

Industry Fund — 40%

Treasury — 10%

Team & Early Contributors — 10%

Advisors — 5%

Uses of Funds

Product Development — 50%

Marketing & BD — 35%

Operations — 10%

Reserve — 5%

For More Information You Can Visit This link :

Website: https://www.tokoin.io/

Telegram Chat: http://t.me/tokoinglobal

Twitter: https://twitter.com/TokoinOfficial

Facebook: https://www.facebook.com/TokoinOfficial

Medium: https://medium.com/@tokoin

Instagram: https://www.instagram.com/tokoinofficial

Author : Soedra_Crypto

Link BTC : https://bitcointalk.org/index.php?action=profile;u=1717932