TKO stands for Toko Token it is the cryptocurrency of the Indonesian cryptocurrency trading exchange Toko Crypto which basically means crypto store. The TKO presale was sold out within 4 hours and at the moment TKO was listed on Binance it was immediately purchased by hundreds of thousands of traders. That TKO had such an immense adoption rate from day one didn’t surprise many investors in the market.
Since Binance itself made great effort in announcing the TKO project including a live stream interview with the founder of Binance Changpeng Zhao. Binance is known for its high quality products and when it introduces something the world is jumping on top of it. TKO Indonesia is using the Binance Cloud Exchange system. This allows TKO to offer an extremely high quality of security and services especially to local traders who till date dit not have a credible exchange for cryptocurrency trading other then Indodax.
Founded in 2018, Tokocrypto is Indonesia’s fastest growing digital asset exchange in trading volumes and user registrations.
The Tokocrypto platform enables users to:
- Gain access to a fast-growing crypto exchange.
- Get investment exposure in the Indonesian market.
- Leverage on sizable crypto user influx in Indonesia.
- Take part in decentralized offerings.
- Access cross-chain yield generation for a multitude of assets.
- Join the TKO NFT Arcade: Indonesia’s first-of-its-kind marketplace for digital collectibles and creative assets powered by TKO.
TKO is Tokocrypto’s native utility token and has the following functions:
- Tokocrypto Platform Benefits: As an exchange platform token, TKO token holders will have trading fee discounts, airdrops entitlements, merchandise redemption, and other incentives.
- Participation in CeFi Programs: TKO tokens can be used in deposit and savings programs such as TKO Deposit, TKO Savings, and TKO Cashback.
- Cross-Platform DeFi Use Cases: Planned use cases includes integrating TKO on third-party DeFi platforms via farming pools, lending, and more.
- NFT Marketplace: TKO tokens will be the backbone of the NFT marketplace (TKO NFT Arcade) and the payment gateway between creators and their audiences. 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.
The project has raised 500,000 USD from one round of private token sales, where 1.0% of the TKO total token supply has been sold at 0.10 USD / TKO. In addition, TKO tokens were also distributed via marketing campaigns.
- March 2021: 2,000,000 TKO tokens have been distributed to 47,000 holders via a Safepal Campaign.
- August 2020: 2,386,377 TKO tokens have been distributed to 21,034 holders via Tokocrypto Exchange’s referral program.
Key metrics available as of 7 april 2021
| Ticker | TKO |
|---|---|
| Token Type | BEP-20 |
| Initial Circ. Supply When Listed on Binance | 108,416,667 TKO (21.67%) |
| Total Token Supply | 500,000,000 TKO |
| Binance Launchpad Sale Price | 0.10 USD / TKO |
What is Tokocrypto (TKO)?
Founded in 2018, Tokocrypto is Indonesia’s fastest-growing digital asset exchange in trading volumes and user registrations. Tokocrypto leverage the Binance Smart Chain to create a comprehensive Tokocrypto ecosystem, and provide a better user experience.
Tokocrypto’s mission is to onboard Indonesia’s 345.3 million mobile users onto Tokocrypto’s platform and ecosystem, and bring mass adoption of cryptocurrencies to Indonesia.
Source: Binance Launchpad
TKO Token Allocation
| Token Name | TKO |
|---|---|
| Private Sale Allocation | 5,000,000 TKO |
| Private Sale Token Price | 0.10 USD / TKO |
| Private Sale Amount Raised | 500,000 USD |
| Binance Launchpad Sale Allocation | 75,000,000 TKO |
| Binance Launchpad Sale Token Price | 0.10 USD / TKO |
| Binance Launchpad Amount to be Raised | 7,500,000 USD |
Roadmap of TKO Indonesia
| Planned Date | Milestone | Actual Date | Timing | Comments |
|---|---|---|---|---|
| 2021 Q1 | Reached 100k KYC registered users | 22 January 2021 | On Time | |
| 2021 Q1 | Reached 10k active users | 22 December 2020 | Early | |
| 2020 Q3 | Launched Mobile App | 10 October 2020 | On Time | App Landing Page |
| 2021 Q3 | Launched TKO Angels | 10 September 2020 | On Time | |
| 2021 Q3 | TKO Binance Cloud Integration | 27 May 2020 | On Time | Link |
Founding Board of TKO Crypto
TKO Logo (Video format) by BSCN.
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