Tokoin
Crypto Overview
Project Overview
Tokoin is a blockchain platform designed to help micro, small, and medium enterprises (MSMEs) in Indonesia and Southeast Asia build credible business profiles and access financial services. The TOKO token serves as the utility token within the Tokoin ecosystem, used for accessing services and data exchange.
Intended Purpose
The platform aims to solve the problem of limited financial access for MSMEs by creating digital business identities and reputational profiles. These profiles are meant to help businesses establish creditworthiness and connect with potential partners and service providers.
Current Utility and Usage
The project appears to have limited current adoption and recent development activity. While the initial concept aligned with helping businesses access financial services, current usage appears primarily concentrated on cryptocurrency exchanges.
Token Distribution and Governance
Information about current token distribution and recent development updates is limited. The project's official channels and development repositories show minimal recent activity.
Business Model Assessment
The core business model of helping MSMEs build digital profiles and access services is fundamentally halal. The platform does not inherently involve interest-based lending or prohibited activities. However, actual implementation and current usage details are unclear.
Crypto Impact
To assign a comfort level investing in Tokoin from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Tokoin.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.