Toko Token

Halal Rating :
Comfortable
Last Price $0.32 Last updated:
Rank 552
1D Change 6.03 %
Market Cap $53.61m
Circulating supply 168,667,248
Maximum supply 500,000,000

Crypto Overview

Categories
  • Centralized Exchange (CEX) Token
  • Binance Launchpad
  • BNB Chain Ecosystem

Overview

Toko Token (TKO) is the native cryptocurrency of Tokocrypto, Indonesia's leading regulated cryptocurrency exchange. Launched in April 2021, TKO serves multiple utilities within the Tokocrypto ecosystem.

Purpose and Utility

The primary utilities of TKO include: Trading fee discounts on the Tokocrypto exchange, participation in token sales on the TokoLaunch platform, rewards and cashback programs, and governance participation in the Tokocrypto ecosystem.

Business Model Assessment

The business model centers around providing legitimate exchange services and crypto-related products to the Indonesian market. The exchange operates under regulatory oversight from Indonesia's Commodity Futures Trading Regulatory Agency (BAPPEBTI).

Real-World Adoption

TKO has achieved significant adoption within Indonesia's crypto ecosystem. The token is actively used for its intended purposes on the Tokocrypto platform, particularly for trading fee discounts and participation in the platform's various services.

Development Activity

The project maintains regular development activity, with continuous updates to the exchange platform and expansion of TKO use cases. The team regularly announces new features and partnerships.

Token Distribution

Total supply is 500 million TKO tokens. The distribution includes allocations for the ecosystem fund, team tokens with vesting schedules, and public sale participants. The token distribution model appears transparent and designed for long-term ecosystem development.

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