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.
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.
2 Token sales and economics
2.1 Token sales data
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
2.2 Token allocation
Token Name
TKO
Private Sale
1.00% of the total token supply
Binance Launchpad Sale
15.00% of the total token supply
Foundation Reserves
20.00% of the total token supply
Product and Marketing
17.00% of the total token supply
Partnership and Ecosystem
17.00% of the total token supply
Advisors
2.00% of the total token supply
Mining Rewards
3.00% of the total token supply
Community Airdrop
10.00% of the total token supply
Team
15.00% of the total token supply
2.3 Token governance and use of funds
As of writing, TKO has used approximately 21.68% of TGE funds according to the allocations below:
15.00% on Public Sales
2.13% on Product and Marketing
2.13% on Partnerships and Ecosystem
2.00% on Advisors
0.10% on Mining Rewards
0.33% on Community Airtdrops
TKO token allocation
TKO token release schedule
2.4 TKO token overview and use-cases
TKO is the native utility token of the tokocrypto ecosystem and has the following use cases:
Exchange Platform Benefits: As an exchange platform token, TKO token holders will have trading fee discounts, airdrop entitlements, merchandise redemption, and other incentives.
Cross-platform DeFi Products:Planned use cases include the integration of TKO tokens on third-party DeFi platforms via farming pools, lending, staking, and more.
Mainstream access to CeFi Products: Majority of the Indonesian consumers will gain access to mainstream financial services such as deposits, remittance, savings and others.
NFT Arcade: 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.
3. Project team
Pang Xue Kai
Founder & CEO
Governing council member in the Singapore Chamber of Commerce Indonesia and Co-founder and CEO of Tokocrypto.
Teguh Kurniawan Harmanda
COO
Chairman of the Indonesian Crypto Asset Traders Association (Aspakrindo).
TKO NFT Arcade: Indonesia’s first-of-its-kind marketplace for digital collectibles and creative assets of emerging young artists powered by TKO.
TKO Bumper Pool: Users can lock/stake their TKO tokens and earn other project tokens through farming pools.
TKO Staking: Stake TKO for interest and potentially redeem of merchandise in partnership Indonesia’s e-commerce stores.
2022 Q1-Q3
TKO Lottery: Buy lottery tickets using TKO to redeem prizes.
TKO Liqudity Swap: Users can provide liquidity in pools to earn transaction fees and interest.
TKO Lending: Stake TKO as loan collateral.
4.3 Commercial partnerships and business development progress
SafePal: SafePal is a crypto asset management platform which provides both software & hardware wallet for users to manage their crypto assets. This partnership aims to increase the adoption of DeFi ecosystems and cryptocurrency in Indonesia.
Merkle Science: Merkle Science provides blockchain transaction monitoring and intelligence solutions for crypto asset service providers, financial institutions, and government agencies to detect, investigate and prevent money laundering, terrorist financing, and other criminal activities. This partnership aims to improve AML & CFT initiative of crypto assets in Indonesia.
Karyakarsa: Karyakarsa is a platform where creators/artists list their workpieces and allow fans/followers to purchase them. This is part of the TKO NFT Arcade initiative to onboard Indonesian artists to create and list their creations on the platform.
BakerySwap: BakerySwap is a decentalized exchange with an Automated Market Maker built on the Binance Smart Chain, offering attractive incentives. Through this partnership, BakerySwap helps to drive the adoption of BIDR and the Tokocrypto ecosystem.
5. Tokocrypto's activity and community overview
Current community growth strategies of TKO include:
Educational initiatives through offline and online seminars, and partnerships with other communities, such as co-working spaces and universities.
Bridging local and international projects through events and conferences to build cryptocurrency awareness in Indonesia.
Create an exclusive community of TKO Angels for token adoption, and promote Tokocrypto as an exchange that develops awareness and fundamental knowledge about cryptocurrencies.
Future community growth strategies of TKO include:
Microtargeting to leverage KOLs and micro-influencers.
Funding community initiatives around NFTs to support local creators and projects built on BSC.
Collaborate with BSC ecosystem partners and Binance to leverage the BSC community.
Bridging local & international communities through events and major conferences on cryptocurrencies, including the signature events INBLOCKS and IBW (Indonesia Blockchain Week).
Expanding local representatives across Indonesia to support and educate local projects about blockchain, crypto, and developing on BSC.
6. Community and social channels (data as of April 7st 2021)