Tokoin
Technology has shrunk time and space. Businesses are ever-expanding, advertising and improving their activities through technology. If we are being honest, starting a business and not promoting it online or borrowing ideas on the internet, from other business owners, has never worked. Blockchain technology, developed as a distributed ledger of the transaction, works as a platform to ease the distribution of information between participants involved through the creation of a distributed database. Given that distributed data is valuable, the blockchain acts as a system that secures the data. A business transaction basically contains a set of data like buyers, sellers, orders, payments methods, discount, and detailed payment invoices among others. An online market has a set of data centrally situated on the platform. Adapting this data in a blockchain-based platform, all the information is accurately recorded using cryptography and then stored in blocks.
Well, Tokoin is a trading ecosystem highway of data distribution. By recording transactions on Tokoin, participants are all ensured a secure ecosystem of blockchain and tokens are used as a sign of credibility scoring. The partners will get the appropriate data, while users(as the downstream participants) benefit from access to business expansion and funding opportunities. The usefulness and reliability of Tokoin come in where the pathway provides a permanent record of information and transactions. Accuracy is guaranteed as every record is traceable and unchangeable. Tokoin looks to elevate economic growth by providing leverage and sustenance to MSMEs as the infrastructure of a country’s economy in the upcoming markets. Everyone of us, at a point in time, wants to be successful business owners and grow exponentially. Tokoin is definitely a trusted solution to most of MSMEs problems through establishing their reputation in the business ecosystem. Tokoin as a platform captures and processes business information from the user as a crucial asset which is a marker for the trusted reputation of the MSMEs.Users are hence able to get to inaccessible financial business services from providers that act as our partners. Tokoin bridges the gap between business and financial sectors to enable a scheme of financial incorporation. These partnerships will contribute to national economic growth.
Tokoin will offer TOKO which can be bought here on their ICO Platform on the blockchain as a way to interact with participants. Its used as an incentive when a user in the market ecosystem submits data from transactions and endorses the data. For service providers, the token is used to access advertisements and transaction data of MSMEs.The more the participants use Tokoin’s services the more they will have to stake the tokens to continue using the platform consequently raising the price of TOKO.
TOKO is generated by ERC-20 tokens and can be converted to particular main net protocols should the team deem it necessary. This will allow TOKO to be converted to new tokens based on the new protocol. These tokens will only be used in the ecosystem. MSMEs use these tokens to create credit scoring that can be later used to acquire business services.
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
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%
Roadmap
- 2018 Q3
TOKOIN Project Start
Q4TO
- 2018 Q4
TOKOIN Token on Private Sale and Pre-Sale
TOKOIN Wallet development & distribution
- 2019 Q1
Grand Launching TOKOIN
TOKOIN Token on crowd sale
- 2019 Q2
Onboard Blockchain Advisor for TOKOIN ecosystem
POC Launch on TestNet
- 2019 Q3
Onboard Warehousing partners to TOKOIN ecosystem
Onboard Financial Partners to TOKOIN ecosystem
Expand local operations to 10 tier-1 cities in Indonesia
- 2019 Q4
Launch Data Reputation engine
Launch Data Visualization platform
Launch Partner Suite platform
Onboard 50,000 users on TOKOIN ecosystem
- 2020 Q1
Launch dApps on MainNet
Launch TOKOIN POS System
Launch Data Exchange platform for token stacking and loyalty program
Expand local operations to all capital cities in Indonesia
Onboard 10,000 users on TOKOIN POS system
- 2020 Q2
Launch TOKOIN POS System
Expand pilot hyper-local operations to Thailand
Onboard 1000 users to TOKOIN ecosystem on regional hyper-local market
Develop AI Solutions for TOKOIN to scale Operations
- 2020 Q3
Expand hyper-local operations to Vietnam and Philippines
Onboard 500,000 users to TOKOIN Ecosystem on Indonesia market
Expand local operations to 10 top tier-one cities in Indonesia
Onboard 50,000 users on TOKOIN ecosystem
- 2020 Q4
Deploying AI as part of Business Intelligence Capabilities
Introducing Forecast & Prediction platform into TOKOIN ecosystem
TEAM
- Reiner Rahardja: Co-Founder & CEO
- Welly Salim: CTO
- Eddy Christian Ng: COO
- Niko Tanadi: Project Manager
- Adi Darda Gaudiamo: Head of Creative
- Ignasius Michael: Generalist Manager
- Oktafia Putri: Community Manager
- Mutia Anisa: Graphic Designer
- Syifa Mutiara Putri: Event Coordinator
Advisors
- Tiago Alves
- Dahlan Iskan
- Engeline Tjia
information:
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
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