Binance is launching the 19th project on Binance Launchpad – Tokocrypto (TKO) Token Sale. The token sale for Tokocrypto will follow the Launchpad subscription format, with the recording of user BNB balances starting at 2021-03-31 0:00 AM (UTC).
What Is Tokocrypto (TKO)?
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
The TKO token, by Tokocrypto, will be the first local Indonesian cryptocurrency project to offer a unique exchange token model, allowing token holders to use the token for trading fee discounts, participation in deposit & savings programs, cross-platform DeFi use cases, and an NFT marketplace.
Key Features And Highlights
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.
TKO Token Information
Token Name: TKO
Token type: BEP-20
Total Token Supply: 500,000,000 TKO
TKO Token Distribution
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
Learn More Information
Whitepaper: Whitepaper Tokocrypto
Telegram group: https://t.me/tkogroupofficial
Twitter channel: https://twitter.com/tkobytokocrypto
TKO Token Sale Details
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.
- August 2020: 2,386,377 TKO tokens have been distributed to 21,034 holders via Tokocrypto Exchange’s referral program.
Binance Launchpad Sale
Token Name: Tokocrypto (TKO)
Launchpad Hard Cap: 7,500,000 USD
Hard Cap Per User: 20,000 USD (200,000 TKO)
Total Token Supply: 500,000,000 TKO
Total Tokens Allocated to Binance Launchpad: 75,000,000 TKO (15% of Total Token Supply)
Public Sale Token Price: 1 TKO = 0.10 USD (price in BNB will be determined prior to subscription)
Token Sale Format: Subscription
Supported Sessions: BNB only
How To Join And Buy TKO Token?
Here’s a step-by-step guide on how to participate in TKO Token Sale on Binance Launchpad
Step 1: Register And Verify Account On Binance Exchange: This is to ensure that token sales are being done in compliance with regulatory requirements in users’ jurisdictions.
You can see tutorial of registration Binance at: Tutorial Of Registration And Verification On Binance Exchange
Step 2: TKO Token Sale Rules
The token sale for Tokocrypto will follow the Launchpad subscription format, with the recording of user BNB balances starting at 2021-03-31 0:00 AM (UTC).
To buy and hold Binance Coin (BNB): Please read tutorial at Binance Exchange Tutorial
Binance will record user BNB balances for 7 days from 2021-03-31 0:00 AM (UTC) to 2021-04-07 0:00 AM (UTC). The final BNB holding amount for each user will be determined as the average of the 7 days, using the Daily Average BNB Balance calculation previously announced here.
- Preparation Period 2021-03-31 0:00 AM (UTC) to 2021-04-07 0:00 AM (UTC): During this period, user BNB balances will be calculated in hourly snapshots for each day over a 7-day period. Your final average daily BNB balance over these 7 days will determine the maximum amount of BNB that you can commit later on.
- Subscription Period 2021-04-07 4:00 AM (UTC) to 2021-04-07 8:00 AM (UTC): Subscription will open at this time for all eligible users for a 4 hour period. Users must also sign the Token Purchase Agreement at the same time, prior to committing their BNB. Please note that once committed, your BNB will be locked and you will not be able to redeem or access any other functions such as transfers, withdrawals or trading until final token distribution.
- Calculation Period 2021-04-07 8:00 AM (UTC) to 2021-04-07 9:00 AM (UTC): Subscription closes and token allocation calculation begins.
- Final Token Distribution 2021-04-07 9:00 AM (UTC): Your final token allocation will be calculated and the corresponding BNB will be deducted from your already-locked BNB amount. Once deducted, your TKO and BNB tokens will both be transferred to your spot wallet.
Step 3: Buy TKO Token
Login Your Binance account and go to the Binance Launchpad page to subscribe and buy TKO Token.
Get Your TKO Tokens soon: After the token sale ends, You will be credited with the respective tokens to Your Binance account.
* Users from the following countries or regions will not be able to participate in token sales on the Binance Launchpad platform:
Belarus, Democratic Republic of Congo,Cuba, Iraq, Iran, Mainland China, North Korea, Sudan, Syria, United States of America and its territories (American Samoa, Guam, the Northern Mariana Islands, Puerto Rico, and the U.S. Virgin Islands), Zimbabwe.
Risk Warning: Binance Launchpad is a high-risk investment channel. You should be sensible in Your participation and be aware of investment risks. We are not liable for Your investment gains or losses. The information we provide for You to conduct Your own research. It is not investment advice.
Learn More Crypto Token Sale On Binance
If You want to learn more other crypto token sale on Binance, You can go to the page of ICO And IEO and don’t forget:
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