Latest TokenFi News
As per the Floki DAO’s strategic decision, they have lowered the transaction tax for TokenFi. The transaction tax for $TOKEN has now been officially reduced to 0.3%.
TokenFi has established a strategic marketing partnership with DEXTools to launch a campaign aimed at introducing TokenFi to a vast audience of crypto users. This initiative expands upon a prior DEXTools campaign associated with Floki and will introduce both $FLOKI and $TOKEN to DEXTools’ extensive user community.
TokenFi is now added to the Binance Futures platform. Also, TokenFi has been listed on the Bitrue, KuCoin, MEXC, and ByBit exchanges.
As a part of Gate.io’s “Startup Project Free Airdrop Program,” which rewards its platform users with free airdrops, the next project in line, TokenFi (TOKEN), will be launched on November 5th, 2023, starting at 6:00 AM (UTC). The airdrop program lasts for 24 hours, and orders from qualified users during this period will be treated equally. Trading of TOKEN will commence at 09:00 AM on November 6th, 2023, with an initial price of $0 and a startup supply of 1,500,000 TOKEN.
TokenFi Price Prediction: Is TokenFi a Good Investment?
Floki Inu has introduced a new crypto and asset tokenization platform called TokenFi, with the goal of taking advantage of the rapidly growing tokenization industry, projected to be worth $16 trillion by 2030. TokenFi, represented by the ticker TOKEN, aims to simplify the process of tokenizing assets and become a leading platform in the sector.
TokenFi has a total supply of 10 billion tokens split between the Binance Smart Chain (BSC) and Ethereum (ETH) networks, with 5 billion tokens on each chain. At launch, the platform had a market capitalization of $50,000 in circulating supply and a diluted market capitalization of $500,000. TokenFi primarily targets the tokenization and real-world asset industries and operates as a launchpad.
TokenFi Upcoming Solutions
- Generative AI for NFTs: Users can quickly generate high-quality NFT artwork with just a few clicks using Generative AI.
- TokenFi Connect: This feature enables direct connections with key industry players, such as market makers, exchanges, funds, and influencers, even those with no prior experience, to access deeper liquidity and a broader token reach.
- TokenFi RWA Tokenization Module: Users can efficiently tokenize Real World Assets (RWAs) that are not securities through the TokenFi platform.
- Referral Program and User Incentives: A referral program allows users to earn a percentage of fees by referring others to the platform. Additionally, there’s a user incentive program with 5% of the TokenFi token supply allocated to boost adoption.
- TokenFi AI Smart Contract Auditor: Utilizes AI to perform real-time audits of tokens created with TokenFi, providing trust assurance to users and offering branded audit reports.
- TokenFi Launchpad: Enables decentralized fundraising for tokens, alleviating technical concerns for users.
TokenFi Token Distribution
- Staking Pools – 56%
- Liquidity Pool – 10%
- Treasury – 22%
- Incentive Program – 5%
- New Token Staking Pool – 7%
Floki is working with prominent industry players, particularly from an institutional standpoint, to ensure the success of TokenFi. In their DAO proposal, they have also revealed DWF Labs as their primary institutional partner and market maker for TokenFi.
