ECONOMIC AND SOCIAL IMPACT OF BLOCKCHAIN: CASE ON TOKOIN

[Kryptarion]

Getting access to capital remains very challenging despite the advancements in global financial infrastructure. This difficulty is far more poignant in underdeveloped and developing countries around Asia. In the world’s weakest nations, capital is controlled by only few hands and banks while other financial institutions limit loans exclusively to the elite. This skews the wealth gaps further apart in a series of negative feedback cycles.

Due to this reason, it seems like innovation only exists in developed nations. The reality, however, is that the social structures available in underdeveloped nations suppress innovation by not giving entrepreneurs the opportunity to pitch their ideas and pursue their dreams. Everyone is a victim of this tragedy — MSME merchants and entrepreneurs are pushed to give up — the undeveloped countries never reach the point of establishing powerful new companies to carry them forward, and the world never gets the opportunity to utilize countless products and services that could potentially improve human life.

ICOs (Token offerings) has offered some sort of solution to this situation and many entrepreneurial teams across the world have sought this opportunity to establish their visions. However, a major limitation to ICOs is that they do not allow MSME companies to gain access to funding if they have no need to issue tokens. Due to this, out of desperation, some teams issue tokens when they have no need to, and this elevates regulations against ICOs as unnecessary tokens are essentially scams. There has been plenty of criticism at the situation, but there has been little attempt to remedy the cause of the dilemma that pushes people to transgress legal limitations.

At least, there hadn’t been until now…
Tokoin is About to have a Major Social Impact



The popular moon-lambo rhetoric that was once a meme has now become a real goal of many in the blockchain community and that has pushed this sphere away from the notion that seeded this entire market: opportunities for all. The blockchain was meant to decentralise opportunities even to farthest part of the world. And Tokoin is bringing the benefit of blockchain technology to Indonesia to empower MSMEs and emerging markets in the country



Tokoin could very well be a great investment opportunity, but this product is going beyond money with its value offering. Tokoin is creating a decentralized platform where merchant and MSME owners can register and create a digital identity and marketable reputation in order to attract investors. more details here

The social depth a revolutionary product like Tokoin will achieves is going to have a ground-breaking impact in the world’s developing nations like Indonesia where access to capital had long been an impossible journey for MSMEs and emerging markets. Tokoin truly brings opportunity to the masses, and part of those benefitting are those who had needed a brink of hope to once again pursue their dreams.

Beyond Money

With Tokoin, merchants and MSMEs in Indonesia and other part of the world would have the ability to pitch their ideas and to issue equity for funding. Individuals and teams who could not have ever reached such an offer through the traditional financial institutions in their own countries, now have access to a global pool of investors who will purchase their equity if they are genuinely providing a revolutionary product or service.

How Tokoin works
Tokoin finds an opportunity to create a trusted and reputable profile for MSMEs by assembling non-financial data from MSMEs, such as the data submitted in the KYC protocol to be developed into a Digital Business ID. All the business data from daily operations which are previously scattered will also be transformed into a Digital Ledger to strengthen the digital profile of each business and grant it a solid reputation. The digital identity created on the Tokoin platform by the merchants is used by the investors who wish to invest in emergency in no markets and MSMEs with good product



Tokoin project, certainly, will generate wealth for the MSME teams creating the product or service. But more than that, the project is giving opportunities to merchants and retailers who never had any. Tokoin could be the seed that sets a positive cycle into motion: entrepreneurs and emerging markets in countries with weak social structures can now have capital necessary to develop innovative products to compete on a global level — this will allow those societies to break out of the shackles of poverty.

According to the words of Victor Hugo; ''there is nothing stronger than an idea “whose time has come.” With Tokoin, many buried ideas of those who had once lost hope are now about to have their time, and with them, the individuals and teams behind them are about to have their time.

Wrap Up
Tokoin pushes globalization to a new level. It connects the world in a manner that social restriction and structural limitations caused by the lottery of birth will now matter less. A person’s fate may no longer be decided by where he or she is born. A new wave is coming, and any small business with good product can not be sponsored and supported with required capital to break into the market.

Note: Tokoin project has completed its fundraising through IEO — and TOKO token is already trading on exchanges. You can purchase the token on OkEx exchange.

WEBSITE | WHITEPAPER | MEDIUM | TELEGRAM | TWITTER | FACEBOOK

[Kryptarion]

The project is doing very well in exchanges..... It was listed on huobi

[Kryptarion]

Tokoin is expanding to India?? 😮🚀

Having the same significant potential of MSMEs as Indonesia, India is surprisingly in need to implement blockchain technology into its market. Tokoin team visited the country to tap into the opportunity, become a pioneer in finding a way for MSMEs in India to accelerate, as well as expand the community in the country.

Read more about our visit to the country, here https://medium.com/@tokoin/a-visit-to-india-a-new-prospective-country-for-tokoins-expansion-13a28ce953fa

[Kryptarion]

Aiming to keep expanding the market globally as well as in Korea, Tokoin receives an investment from Block Crafters Capital!! 🎉🚀

Read the full details here: https://medium.com/@tokoin/receiving-an-investment-from-block-crafters-capital-korea-tokoin-is-ready-to-expand-in-an-even-fc51b64bc84b

[Kryptarion]

Starting from Q1 2020, you will be able to incorporate TOKO Token as a transaction means for your goods/services. It can be done through loyalty, vouchers or point programs. This is going to be a significant achievement for Tokoin, in our quest to expand the Tokoin ecosystem to other countries. Blockchain does not have any jurisdiction, and TOKO Token represents a means of borderless transactions. For now, you’ll be able to do the transactions with the supplier of your local goods through TOKO Token, but as we sail beyond the shores of Indonesia, TOKO Token will empower you to import goods from manufacturers of your choice with just a click on TokoBITS app.

[Kryptarion]

TokoBITS app is launching in no time! So, what’s next after that? We’ve got so much more planned for the next one year!



Here are Tokoin's upcoming plans. Get to know more details here: https://medium.com/@tokoin/tokobits-is-launching-in-no-time-whats-next-73dc237569b4

[Kryptarion]

In what might seem an unstable market right now, it can be risky to make an investment or anything like that. But don't worry! Tokoin is opening up a Lock-Up Program for public. In this program, you will get a fixed return, minimizing the impact of fluctuation in the market on your return.



It will be on a first-come-first-served basis, so make sure you don't miss this opportunity! Check the details on https://medium.com/@tokoin/toko-lock-up-program-the-fixed-return-you-need-in-the-midst-of-instability-ae81270b6cba

[Kryptarion]

Hey it's friday again time flies! it has been two months since TOKO token’s IEO on KuCoin! How is the performance so far? What to expect now?



We’re telling you, this is just the beginning!
Read the full performance review on https://medium.com/@tokoin/toko-performance-review-this-is-just-the-beginning-b1a338e3a1f1

[Kryptarion]

Another exciting news from the team desk !? Spicy Monday 🌶

As a pioneering cryptocurrency that exists to help MSMEs to develop and grow, TOKO token is going to be listed on another leading global cryptocurrency exchange after KuCoin, soon! Guess what is it?




Read more https://medium.com/@tokoin/toko-token-is-going-to-be-listed-on-a-new-cryptocurrency-exchange-which-one-is-it-220e823c88da

 #tokoin #tokoin4msme

[Kryptarion]

Not everyone can get into the Alibaba eFounders Fellowship program, but Tokoin's COO has been chosen to be a part of it!
He will directly learn from the Executive Chairman and Founder of Alibaba Group, Jack Ma. Is there a possibility for Tokoin to collaborate with Alibaba in the future?

Find out the answer on https://medium.com/@tokoin/invited-to-the-alibaba-efounders-fellowship-program-our-coo-eddy-christian-will-take-the-ddde36f30fd1

[Kryptarion]

More than a cryptocurrency exchange platform, KuCoin exchange is building its global network. This time, they are expanding it to Indonesia. Seeing how strong Tokoin community is, KuCoin takes Tokoin by the hand to together organize KuCoin Meetup in Indonesia this December!

Read more: https://medium.com/@tokoin/having-a-strong-indonesian-community-tokoin-is-trusted-by-kucoin-for-them-to-start-expanding-d519e2f608b1

[Kryptarion]

Last Wednesday, our COO, Ng Eddy Christian, was invited to be a speaker at The Corporate Startup.

Our COO shared about How Blockchain Technology Can Help and Scale Businesses, alongside Andre Michael (P&C Transformation Manager at PT HM Sampoerna Tbk) who discussed about Transforming Organization to Accelerate Business Growth. Tokoin is proud to be a part of a global movement of corporate innovations that bring out the best ways to accelerate business growth!

https://www.instagram.com/p/B5EoMpYhWoV/?utm_source=ig_web_copy_link

[Kryptarion]

In collaboration with Tokoin, KuCoin will hold a MEGA MEETUP in Jakarta, on December 7, 2019.

Have you known the details??
Go check at: No link shortners - please include original link/KuCoinMeetup and find out what you’re going to see at the event !

[Kryptarion]

TOKO beats Bitcoin and Ethereum! Yeah, when other cryptocurrencies decrease in price, TOKO goes upward instead! When lined up in a chart, TOKO is the only one that goes green when all else is red. Isn’t that cool? How can it be?

Read the full article on https://medium.com/@tokoin/when-all-else-is-red-toko-goes-green-how-come-84d39973b1df

[Kryptarion]

Last Friday, we posted a sneak peek of a blurred logo on @tokoinindonesia for you to guess. Turns out many of you answered it right, which is KuCoin’s logo!

On the upcoming December 7, Tokoin along with KuCoin will hold KuCoin Mega Meetup at Century Park Hotel, Jakarta. This is the first ever KuCoin meetup in Indonesia!

To join, here are the steps:
1. Register on https://www.eventbrite.com/e/kucoin-mega-meetup-jakarta-tickets-83456272959
2. Pay the registration fee of 600 TOKO token per ticket, to the wallet address that you will see after you finish the registration. When transferring to the wallet address (KuCoin wallet), please put the remarks “kucoin meetup_your full name_ticket quantity” so that our team can confirm it.
3. Send the confirmation to [email protected] with the subject “KuCoin Meetup Confirmation - [your name]”
4. Ticket without transaction proof will be deleted and won’t be valid
5. No ticket = no entry

The registration will close on Dec 6, 2019 at 5PM (GMT+7). This event is open for public, so if you happen to be in Jakarta, do come!