CRYPTOCURRENCY
With the emergence of Bitcoin in 2010, investing in digital assets or cryptocurrency to be precise has become a very popular venture. Bitcoin was the first digital asset to start an entire ecosystem of cryptocurrencies. For quite some time, it grew and more and more investors became very interested in its future not just as an investment but as a possible replacement for our conventional monetary systems like banks and financial institutions.
The trend of investing in cryptocurrencies through private sales, Initial Coin Offerings (ICO), Initial Exchange Offerings (IEO) or purchasing via crypto exchanges has fast become a norm. Today it is no longer uncommon to see members of the public investing heavily in ICO’s, IEO’s or just purchasing coins on exchanges and holding for the long term. An example of this is Tokoin’s very successful IEO on Kucoin Spotlight.
Everyone who invests or buys any kind of cryptocurrency expects one thing, profit or return on investment but this is not always the case with investing in digital assets. Investing in the wrong project or cryptocurrencies may ultimately lead to loss of your funds. This is where Tokoin’s TOKO token comes in.
TOKOIN
Tokoin is more than just a blockchain powered project because it has the potential to be become so much more. With its headquarters in Jarkata, Indonesia, Tokoin aims to accelerate the growth of micro, small and medium business enterprises in Indonesia through its platform that establishes digital business identity and reputation of MSME as an acceptable credibility scoring for suppliers and financial institutions, creating an ecosystem that connects MSME’s and financial institutions.
TOKO TOKEN
Obviously, the Tokoin ecosystem will be built on a decentralized application (DApp), which will be the base platform for all interactions between users. Tokoin issues TOKO which is an ERC-20 token on the Ethereum blockhain network and with a total token supply of 2,000,000,000. I consider buying TOKO token a good investment because of the following reasons.
1.Utility: Utility is essential for decent trade volume and liquidity of any cryptocurrency because it encourages demand. TOKO will have immense utility which will add to its value. The use of TOKO will be required on the platform for certain service also users of the Tokoin platform who hold TOKO will be eligible for incentives. Somewhat like Bitcoin and many other altcoins, Tokoin can as well be used as storage of value for long term investing.
2.Demand: Due to the practical nature of the Tokoin project and the solution it offers to a vast majority of MSME owners in Indonesia plus the potential of going global in the near future, there are almost no doubts of the demand that TOKO will have when the MVP Tokoin application is finally released.
3.Partnerships: Tokoin has made a number of very impressive partnerships and endorsements. One of the most notable was the MOU signing with The Indonesian Chambers of Commerce and Industry (KADIN). Most recently Tokoin penned down two high profile partnerships with BiFrost and XSQ, both blockhain technology oriented projects. Several other similar partnerships not mentioned, with highly rated platforms have been made. All partnerships Tokoin have made are strategic moves to expedite development of the platform and bring in huge investors.
Conclusion
Tokoin has a huge supportive global community and with the milestones already made so far, some of them being the recently concluded IEO on Kucoin Spotlight, the subsequent listing and trading of TOKO at over 8x ROI. Tokoin is destined for success as they look forward to a full launch.
For more information:
Website: https://tokoin.io
Whitepaper: https://www.tokoin.io/whitepaper/Whitepaper.pdf?id=05f5c9d62d22ae24ea82
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
Linkedin: https://www.linkedin.com/company/tokoinofficial/
