April 4th What is TOKEN?
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TokenFi is emerging as a pioneering all-in-one tokenization platform that aims to simplify asset creation and tokenization for a broad audience. With a user-friendly What You See Is What You Get (WYSIWYG) interface, TokenFi democratizes access to token creation, allowing users with no coding experience to create tokens in minutes. This innovative approach addresses a critical barrier in the cryptocurrency space by providing a streamlined process for launching cryptocurrency tokens and tokenizing real-world assets (RWAs), enabling the fast-growing tokenization market expected to reach $16 trillion by 2030. Enter the market.
At the core of the TokenFi ecosystem is the TOKEN coin, which serves as the primary utility token supporting a suite of products designed to facilitate various aspects of the tokenization journey. These include TokenFi Token Launcher for crypto token creation, TokenFi QuickLaunch Bot for mobile token creation via Telegram and Discord, TokenFi Launchpad for decentralized funding, TokenFi Generative AI and TokenFi AI Smart Contract Auditor for NFT artwork creation. Includes several AI-based tools. For security purposes. Each product is intricately designed to make tokenization accessible to more people by removing technical complexity.
TokenFi’s strategic direction is highlighted by its partnership with the Floki project and governance through the Floki DAO, leveraging the expertise that has made the Floki token globally recognized. The platform’s ambition to revolutionize the tokenization industry is supported by a robust technology and operational framework, allowing users to easily create, audit and launch tokens and RWAs with confidence. By working with key partners such as Chainlink for the RWA tokenization module, TokenFi lays the foundation for secure and versatile tokenization solutions.
TokenFi’s initiative to drive user engagement and adoption through a comprehensive user incentive system highlights its commitment to establishing a dominant position in the tokenization market. The system rewards platform activity with $TOKEN, aligning user engagement with the growth and utility of the platform. TokenFi is establishing itself as a powerful force in the advancement of digital assets and tokenization through its innovative platform, strategic partnerships, and incentive strategies as it moves toward its goal of industry leadership.
What is a TOKEN coin?
TOKEN Coin is the central utility token of the TokenFi platform, an innovative all-in-one solution designed to streamline the token creation and RWA tokenization process without complex coding. It operates within the rapidly growing tokenization industry and is expected to grow significantly over the next few years. By leveraging a simple, user-friendly interface, TokenFi aims to make token creation as simple as setting up a website, opening the door for individuals and businesses alike to participate in the token economy.
Within the TokenFi ecosystem, TOKEN Coin provides several important features that facilitate and enhance user experience in various aspects of tokenization and asset management. It serves as the primary medium of exchange for accessing the TokenFi suite of products, including Token Launcher, QuickLaunch Bot, Launchpad, Generative AI, AI Smart Contract Auditor, Connect, and RWA tokenization modules. This extensive tool covers the entire lifecycle of token creation, from initial design and launch to securing investment and ensuring regulatory compliance.
One of the key features of TOKEN Coin is its integration with TokenFi Token Launcher. This allows users to create different types of ERC standard tokens on multiple EVM-compatible blockchains. This feature democratizes access to token creation, removing barriers for those without technical expertise. Likewise, QuickLaunch Bot facilitates token creation through popular social platforms such as Telegram and Discord, leveraging a broad user base and driving broader adoption. TOKEN coins are also essential for activity on the TokenFi Launchpad, which allows users to raise funds in a decentralized manner, as well as access to AI-based tools that simplify and secure the tokenization process.
TOKEN coin underpins the incentives and governance mechanisms of the TokenFi ecosystem. This allows users to participate in the platform’s decision-making process and contribute to the development and improvement of services. The TokenFi staking program and user incentive system are designed to ensure a vibrant and active community by rewarding participation and use of the platform. Through these diverse use cases, TOKEN Coin will not only power the TokenFi platform, but will also play a pivotal role in advancing the tokenization industry, making it accessible and secure for users around the world.
TokenFi token economics
token supply:
Total supply = 10,000,000,000 $TOKEN.
Initial Circulating Supply = 1,000,000,000 $TOKEN.
Token tax = 0.3%. Of this, 80% goes into the Treasury and 20% into the liquidity pool.
Initial $TOKEN Distribution:
54% of the supply will be allocated to the Floki staking pool and acquired over 4 years.
2% will be allocated to Floki NFT holders and Diamond Hand holders.
10% will be allocated to the initial liquidity pool on the ETH and BNB chains.
20% will be allocated to the Floki Treasury for development and operations.
2% is allocated as a team incentive and vests over four years.
To drive TokenFi adoption, 5% will be allocated to the TokenFi user incentive system and accumulated over four years.
7% is allocated to the TokenFi staking program and is accumulated over 4 years.
How to purchase TOKEN with cryptocurrency
1. Create an account by logging in or signing up for a Bitfinex account.
2. Go to the deposit page.
3. In the Cryptocurrency section, select the cryptocurrency you want to purchase TOKEN for and create a deposit address in your Exchange wallet.
4. Send cryptocurrency to the generated deposit address.
5. Once the funds arrive in your wallet, you can exchange them for TOKEN. Learn how to trade on Bitfinex here.
How to purchase TOKEN with fiat currency
1. Create an account by logging in or signing up for a Bitfinex account.
2. Depositing fiat to your Bitfinex account requires full verification. Learn about the different certification levels here.
3. On the deposit page, select the fiat currency you wish to deposit from the bank transfer menu. Bitfinex has a minimum amount for fiat deposits. Learn more here.
4. Check your registered email with Bitfinex for remittance details.
5. Send funds.
6. Once the funds arrive in your wallet, you can use them to purchase TOKEN.
Plus, you have Bitfinex on your mobile, so you can easily buy TOKEN currency on the go.
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