To capture the new tokenization trend, popular cryptocurrency and meme coin Floki is set to launch TokenFi, appropriately named “TOKEN”.
The tokenization industry is making waves and is expected to grow into a massive $16 trillion sector by 2030. This radical change has even been praised by financial giant BlackRock, which manages a massive $10 trillion in assets, calling it “the next evolution of markets.”
Excitement is soaring, especially as 2024 approaches, with cryptocurrency exchanges, institutional investors, and industry leaders predicting tokenization as a catalyst for mainstream cryptocurrency adoption. Major exchanges such as Binance and KuCoin have already published research reports, recognizing the enormous potential.
The tokenization space remains relatively untapped by cryptocurrencies, but the experienced Floki team is gearing up to change that. They introduced this groundbreaking venture into the Play-to-Earn Gaming metaverse, making a world-first announcement reminiscent of their historic $100 million token burn event earlier this year.
Known for its meteoric rise in the cryptocurrency space, the Floki team has managed the popular Floki cryptocurrency. The Floki cryptocurrency achieved an all-time high market capitalization of $3.5 billion in 2021, showing an impressive 875x growth.
TokenFi represents Floki’s first effort to launch a new cryptocurrency, and considering their industry connections and past success, their latest project is poised for victory.
TokenFi’s launch date is set for October 27, 2023.
Here’s what sets Floki’s new token apart and why it’s garnering significant attention.
1. Leveraging a $16 trillion industry: TokenFi is a cryptocurrency and asset tokenization platform targeting a $16 trillion industry by 2030.
2. Real-world integration: The token aims to connect real-world assets with blockchain technology.
3. Amazing market cap: At launch, the token boasts a meager circulating market cap of $50,000 and a fully diluted market cap of $500,000.
4. Proven Team: The Floki team’s extensive experience and impressive track record play a key role in TokenFi’s success.
5. Institutional Support: DWF Labs, a prominent cryptocurrency market maker and institutional investor, is one notable institution collaborating with Floki to further strengthen the token’s legitimacy.
6. Listing on major exchanges: Several major exchanges have pledged to list TokenFi after its launch.
With over 460,000 holders, Floki boasts one of the most engaged and active cryptocurrency communities. These passionate supporters are ready to make the new token a success.
This is the first time the Floki team is launching a cryptocurrency following Floki’s successful journey, and it is a way to reward existing FLOKI holders.
Unlike most cryptocurrency projects that allocate up to 25% of their token supply to their teams with minimal vesting, the Floki team allocated just 2% with a four-year vesting schedule. This underlines our confidence in the long-term sustainability of the project.
Floki has also secured a partnership with renowned sports brand World Table Tennis, which will introduce TokenFi to a wide audience of 120 million people globally. This is just one of many partnerships planned for the project.
To see Floki’s marketing capabilities, take a look at our past partnerships.
– We work with 9 of the world’s largest football clubs, with a combined population of over 3 billion people.
– Partnership with Alfa Romeo Formula 1, which boasts an audience of 1.55 billion.
– Teamed up with Indian cricket team India Maharajas to introduce the brand to over 700 million people.
– Partnership with WTT Table Tennis to reach 700 million people.
– Extensive advertising campaign using Floki on over 300 London buses and across the London Underground.
– Advertising on billboards, airports, TV stations, buses and trams in more than a dozen countries around the world.
These partnerships introduced Floki to over 3 billion people and helped establish it as one of the most popular cryptocurrencies globally, with a market cap reaching an all-time high of $3.5 billion during the previous bull market.
Floki seems ready to repeat this feat with TokenFi, driven by the enormous potential of the tokenization industry.
– Website: (https://tokenfi.com)
– Twitter: https://twitter.com/tokenfi)
As the launch date approaches, the cryptocurrency world awaits the potential disruption and innovation that TokenFi can bring to the ever-expanding tokenization landscape.