TOKIA is an entirely new generation of cryptocurrency exchange platform. TOKIA aims to make Bitcoin payments direct and easy for everyone, everywhere. TOKIA will enable users to buy or sell all major cryptocurrencies, and also the world's most widely used fiat currencies, in order to provide them with both high liquidity levels and maximum convenience.
TOKIA's Product Vision
TOKIA has three elements: a wallet, an exchange and a direct crypto payment card. These elements interact to simplify all operations and make them more convenient for all cryptocurrency conversions. With this product, TOKIA is aiming to be a bridge between the traditional payment infrastructure and blockchain based assets and currencies.
The Three Elements
- Multi-currency blockchain Wallet
Enables users to store and manage all of their crypto assets that get traded on the exchange and get spent via the debit card from one convenient location
- Direct debit card
Allows users to use virtual currencies in every day life, seamlessly converting their virtual currencies into traditional fiat currencies at the moment of payment
- Fast and reliable exchange
enables easy converting between multiple currencies stored in the wallet, and offers seamless conversion into traditional fiat currencies
Business Model
- Exchange Fees
TOKIA will collect a small fraction of the value of the exchange transaction as a fee for using the exchange. However, this fee will only apply to TOKIA customers who do not hold any TOK tokens, or to TOK holders who have exceeded their monthly free-of-charge exchange threshold.
- Margin Trading Loan Fees
All TOKIA customers have the option of earning interest on their capital by providing it to other users as a loan. All interest rates will be determined automatically. The rate will depend on the time and amount of the loan. TOKIA will collect a small fraction of the interest earned.
- Debit Card Fees
As any other debit card issuer, TOKIA will incur cost which it has to pay to the traditional banking infrastructure providers for the use of their payment infrastructure by TOKIA users. These might include card issuance fee, card annual fee, and cash withdrawal (ATM) fee. We may hence collect debit card related fees in order to cover the cost burden generated by the use of debit cards.
- Future Revenue Streams
The additional revenue streams could include revenue from the use of the TOKIA direct payment card, which always be subject to fair use policies. The objective of these fair-use policy based revenue streams would be to ensure that the cost burden of maintaining and developing the underlying technology and organization that runs TOKIA operations is shared fairly among all TOKIA customers on all sides of the spectrum, from occasional to heavy users.
Benefits for Token Holders
Purchase TOKIA Tokens and get access to TOKIA platform. Different amount of TOKIA Tokens unlocks different set of features and perks.
Token Distribution
*Unsold tokens will be burned by smart contract automatically
Proceeds Distribution
ICO Information
- Sale Period: 4/12/2017 to 15/3/2018
- Price: 1 TOK = 1 USD
- Payment Methods
: ETH, BTC, LTC and credit card
Extra:
Source: