Tokoin Decentralized Trade Distribution Platform
Tokoin Based from Indonesian Country. We know right Indonesia is the fourth most populous country in the world, and is the largest economic power in Southeast Asia.
Indonesia economic growth is 5% per year, internet transactions are increasing rapidly by $ 10 billion a year and is expected to reach $ 130 billion in 2020, and the number of smartphone users is expected to increase rapidly to 100 million by 2020. Indonesia is also a country with application-based users the biggest smartphone, with 70% of internet traffic done via smart phones. The uneven infrastructure and logistics system in Indonesia has made opportunities for the growth of the electronic transaction business even greater. Since they have a good place from starting bussines, I personally speculate Tokoin has a great opportunity, even more to succeed in the arena of the crypto industry , But why Tokoin seems like The Special One ? Well , Lets Explore about Tokoin.
About Tokoin it self,The project started since July 2018, with leaded by Reiner Rahardja as a CEO and Co Founder.With focuses for industry 4.0 , TOKOIN is a platform that establishes the identity of MSMEs as an acceptable reputation in the business ecosystem, TOKOIN links the business and financial sectors to launch a scheme of financial inclusion. The partnerships formed in TOKOIN will subsequently contribute to the national economic growth.Its the important point for me as analys.
But how it works ? just imagine yourself as a MSME owner,let we say you have a fried rice stall business,then u must buy like egg,rice,cooking oil/butter and various spices everyday.For everyday purchase and payment,you has to balance expenses with the budget for working capital well. To avoid disrupting his working capital while balancing expenses, you might have to reduce the money allocated for groceries as a way out. An alternative scenario would be to purchase through Tokoin’s platform. This way, you might be able to keep the working capital intact and healthy. As a downstream on a B2B business ecosystem, Tokoin provides beneficiaries, among others, efficiency in the B2B supply distribution chain to cut any unnecessary costs. As a result, Tokoin could help you manage your fried rice stall working capital by offering lower purchasing costs since he buys products direct from the sellers.
Well, its maybe preety hard for tokoin, ok we can say about fried rice stall just as an example,how about for real ? did tokoin has welcomed by big manufacturer ? well, with motto Trade Financing Platform for Accelerating Growth of Micro, Small and Medium Enterprises in Emerging Markets,i guess it will be a challenge for tokoin. Tokoin have a primary mission is to facilitate trustworthy data exchanges in a specified platform so that MSMEs will be able to meet their needs for financing and business services without complicating intermediaries. The more prosperous MSMEs’ economy will lead to the sustainability of a country’s economy. And with that mission tokoin has been Partnership with Sahabat UMKM. About Sahabat UMKM it self,its a community of Indonesian MSMEs, one of the missions of ‘Sahabat UMKM’ is to proliferate digital literacy of MSMEs heading into the 4th Digital Revolution. Well the biggest thing i am imagine of this is when everything is connected together.
Tokoin utilizes the digital sector as a facility and privilege. By obtaining a Digital Business ID, MSMEs are able to record and keep track of their business processes in a digital ledger, while simultaneously distributing the credit scoring that they are building to other partners in the ecosystem of Tokoin. This is the decentralized nature of the blockchain technology, in which there is no central point of authority that records the data.
Applying the blockchain technology in a business process, Tokoin aims to create an ecosystem which is powered by data distribution and concurrently benefitting the participants.
Applying the blockchain technology in a business process, Tokoin aims to create an ecosystem which is powered by data distribution and concurrently benefitting the participants.
Well about Ecosystem of Tokoin,Tokoin ecosystem consists of an order of arrangement to convey the experience of distributing values from one participants to another. Each participant holds a determining role in order to keep the ecosystem fruitful to every business involved. The interaction between Tokoin user and partners is enabled by the blockchain technology to ensure every participant with security to every transaction and a more trustworthy relationship, resulting to valuable partnership between every partakers. 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.
Partners can acquire the data by staking Toko tokens.
Tokoin’s platform issues TOKO on the blockchain as a means of interaction between participants.
TOKO is used as an incentive when a participant in the ecosystem submits transaction data and validates the data. Also, it is a prequisite for using certain services on TOKO’s platform, including
the business insights service provided by Tokoin. For service providers, TOKO is used for accessing advertisements and transaction data of MSMEs. With more and more participants using Tokoin’s services, the participants will have to stake and/or use the Tokens to use Tokoin’s platform, and this later raises the price of TOKO.
TOKO is generated by ERC-20 tokens and can be converted onto certain main net protocols if the team decides that it is necessary.This way, TOKO will be converted into new tokens based on the new protocol.
As Utility Tokens, the usage of TOKO Tokens is supposed to be within the ecosystem. MSMEs use TOKO Tokens to build credit scoring that can be used later to access business services. Partners,
Such as financial institutions, use TOKO Token as a prerequisite for accessing MSMEs’ data and information.
Also many many advantages offered by Tokoin Ecosystem,
- As a Buyers
MSMEs as product buyers contribute as data providers by submitting transaction information into Tokoin’s platform. Data that they provide include KYC information, transaction details, and business operation details. - As a Sellers
They are recognized as product sellers and distributors that market their products to MSMEs. By paying for TOKO Tokens, sellers obtain targeted advertising on Tokoin’s platform - As a Financial intermediaries
As one of the main actors on Tokoin’s platform, financial intermediaries will be able to capture reputable MSMEs’ digital identity to perfectly tap the real market by sorting MSMEs’ personal rating and type of services they are looking for from financial intermediaries, e.g. amount of loan. - As a Service Providers
Providing business facilities for MSMEs, service providers can also place their advertisements and offers on Tokoin’s platform, specifically targeting the MSMEs that meet their criteria.
Tokoin also have a intensive pool system,and will be given to who contribute their activities in Tokoin platform and the incentive pool will be gathered from additional token issuance, platform usage fee, and reserve pool.
Well , tokoin have features to who participate by joining the ecosystem like Lending Marketplace,Crowdlending (Debt Crowdfunding),Cross-merchant Loyalty Program,Product Survey/Voting,Invoice-based Financing,Installment Buying and Group Buying.
Also Tokoin have Pos and dApp product’s on their ecosystem.
Also Tokoin have Pos and dApp product’s on their ecosystem.
Token Distribution
Based on data i get , Private Sale has Ended with $ 12.000.000 fund raised. And now , the team continue with IEO on kucoin exchange with data as below :
2. Token Allocation
With detailed info as below :
as I explained above before, tokoin has partnered with Sahabat UMKM, but behind that, Tokoin also partnered with several companies such as.
With every Data, Fact, and Opinion that I get both on social media, blogs, telegrams, announcements, i am really sure why this project got called top 1 indonesian project.
everything has prepared well, even on the quiet market conditions like now private sale still have a good target.
And also about Tokoin Ecosystem it self,its a long term investement. Considering MSMEs is a long term business.Also indonesia with over 50 millions MSME businesses is a plus for tokoin.
And the next point for me is low circulation supply,i just think for long term investement and crypto market have a lack of bearish,low circulation is a important thing for stabilizing the price. we know very well about the fate of ico recently, the large circulation and the plummeting of major currencies made investors worry and throw away their investments and switch to the main coins.
The next thing for me is about how tokoin it self work on multi side. its a good thing for long life the project. Loyalty,Lending Market,Advirtesement,Business solution,and many more.And what a good about it ? Everything is transparent and clear.
The next thing for me is about how tokoin it self work on multi side. its a good thing for long life the project. Loyalty,Lending Market,Advirtesement,Business solution,and many more.And what a good about it ? Everything is transparent and clear.
The point from me for you guys , its a good investement with a minimum risk,well maybe low hype rate i think,but that is not too important i guess.
Well, thank you soo much for your attention,hopefully you got some good point or thing from this article.source:
Website: https://www.tokoin.io
White paper: 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
White paper: 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
AUTHOR :
Bitcointalk username: Salome16
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=2322524
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=2322524
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