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logoTokocrypto (TKO)

Indonesia's Leading Crypto Exchange.
  • Founded in 2018, Tokocrypto is Indonesia's fastest growing digital asset exchange in trading volumes and user registrations.

  • The Tokocrypto platform enables users to:

    • Gain access to a fast-growing crypto exchange.
    • Get investment exposure in the Indonesian market.
    • Leverage on sizable crypto user influx in Indonesia.
    • Take part in decentralized offerings.
    • 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.

Key metrics (as at April 7th 2021)

TickerTKO
Token TypeBEP-20
Initial Circ. Supply When Listed on Binance108,416,667 TKO (21.67%)
Total Token Supply500,000,000 TKO
Binance Launchpad Sale Price0.10 USD / TKO

1. What is Tokocrypto (TKO)?

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 NameTKO
Private Sale Allocation5,000,000 TKO
Private Sale Token Price0.10 USD / TKO
Private Sale Amount Raised500,000 USD
Binance Launchpad Sale Allocation75,000,000 TKO
Binance Launchpad Sale Token Price0.10 USD / TKO
Binance Launchpad Amount to be Raised7,500,000 USD

2.2 Token allocation

Token NameTKO
Private Sale1.00% of the total token supply
Binance Launchpad Sale15.00% of the total token supply
Foundation Reserves20.00% of the total token supply
Product and Marketing17.00% of the total token supply
Partnership and Ecosystem17.00% of the total token supply
Advisors2.00% of the total token supply
Mining Rewards3.00% of the total token supply
Community Airdrop10.00% of the total token supply
Team15.00% 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).
Lai Chung Ying
CSO
Nanda Ivens
CMO
Muhammad Wendy Taufik Hidayah
Head of Product & Technology
Candra Triyadi Fahmi
Senior Backend Lead

4. Roadmap, updates, and business development

4.1 Original roadmap and achievements

Planned DateMilestoneActual DateTimingComments
2021 Q1Reached 100k KYC registered users22 January 2021On Time
2021 Q1Reached 10k active users22 December 2020Early
2020 Q3Launched Mobile App10 October 2020On TimeApp Landing Page
2021 Q3Launched TKO Angels10 September 2020On Time
2021 Q3TKO Binance Cloud Integration27 May 2020On TimeLink

4.2 Updated roadmap

2021 Q1-Q2

  • Official launch of TKO token.
  • Launch NFT charity art auction.

2021 Q3-Q4

  • 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)

Twitter (Global) | 4.5K Followers
Twitter (Bahasa) | 188.1K Followers
Youtube | 9.6K Subscribers
Facebook | 28.8K Members
Telegram (English) | 11.1K Members
Telegram (Bahasa) | 195.8K Members
Medium

7. Appendix

7.1 Advisors

  • Shaun Djie (Co-founder of Digix and the Ethereum Singapore Meetup Society)