Friday, September 12, 2025
No Result
View All Result
CONTACT
First Crypto News
  • News
  • Bitcoin
  • Ethereum
  • Industry
  • Market Updates
  • Price
  • Coins
  • Press Release
  • News
  • Bitcoin
  • Ethereum
  • Industry
  • Market Updates
  • Price
  • Coins
  • Press Release
No Result
View All Result
First Crypto News
No Result
View All Result

Promising blockchain project Tokoin raised an undisclosed investment from DWF Labs despite “crypto-winter”

by firstcryptonews
October 12, 2022
in Press Release
Promising blockchain project Tokoin raised an undisclosed investment from DWF Labs despite “crypto-winter”

Although each “crypto winter” (or “bear market,” as the uninitiated may call it) is unique, they always have one thing in common: they all inspire a fresh wave of invention.

Tokoin is an extremely well-known Blockchain company from South East Asia. The project is considered as one of the most promising Defi projects in Southeast Asia and is invested by reputable companies such as Kucoin labs and is also advised by the CEO of Kucoin – Johnny Lyu. And on October 10th, Tokoin has successfully raised an undisclosed investment from the world renowned web 3 venture capital firm DWF Labs, marking a new milestone on the road to building a decentralized economy.

The investment from DWF Labs will undoubtedly support Tokoin ecosystem’s development, making it stronger and more sustainable as it continues to expand thanks to recent achievements. Tokoin has the potential to become one of the most successful blockchain projects by 2023, a goal that only few projects will manage to score.

Tokoin is a technology company which aims to provide advanced solutions to local government and companies needs through blockchain technology. 

Currently, Tokoin’s ecosystem has the following strategic products:
➤ My T-Wallet: A mobile payment application that enables blockchain projects to use a safe, audited wallet with handy features without testing, correcting bugs, and auditing their own wallet.
➤ T-Fi: A financial transaction platform without middlemen.
➤ Frontera: A “Play-to-earn” game that will act as a gateway for TOKO to be utilized in the NFT realm.
➤ Tokoin Foundation – OFU Ventures: Focusing on blockchain startups. OFU will invest in projects that expand $TOKO’s usefulness and ecosystem.

And all of these products revolve around the TOKO token. Tokoin aspires to develop a sustainable blockchain ecosystem. The team needs a shared platform and environment to realize blockchain’s full potential, balancing efficiency and effectiveness. To do this, they offer TOKO tokens for ecosystem participation and services. TOKO is a super token utilized in our De-Fi products and NFT ecosystem as a reward, payment, and utility token. Launched on ERC-20, TOKO recently extended to BEP-20. New network interoperability is coming as token demand rises.

$TOKO is currently listed on these following exchanges (and will be more shortly):
● KuCoin
● PancakeSwap
● Indodax
● Ascendex

“Tokoin has said publicly that this funding would be utilized to increase the size of the ecosystem, create more products (like T-Fi), and ultimately benefit both Tokoin’s users. A growing number of people are looking for a reliable and fruitful route to invest in cryptocurrencies amid the current bear market. Due to this awareness, we are working hard to enhance our current offerings and develop new features for the Tokoin ecosystem to provide users with as many advantages as possible. With DWF Labs’ support, we will be able to expand our products and provide even more value to our customers. The achievement of this goal is a major step forward for Tokoin.” – Mr. Andrew Riady, Tokoin CMO.

In addition, currently, more than 98% of small and medium-sized firms have extremely limited resources with which to accomplish their business and product development objectives. And in the post-Covid-19 era, they must adjust to a new reality. So, people often turn to well-known sources of credit, like banks, when they need funds. However, it is very challenging since it is dependent on the company’s collateral. Tokoin ecosystem and TOKO token are the best options available.

An example of how Tokoin helps projects achieve outstanding developments: Frontera is Tokoin’s first investment in a Metaverse NFT gaming project. As $TOKO holders, among the benefits are having TOKO tokens capable of being used in the Frontera ecosystem, not only for NFT Gaming but in the future, TOKO tokens are also used on the Metaverse side. This investment in Frontera has added more benefits and real use cases and utility of TOKO token. $TOKO holders will have the first opportunity and privileges to this brand new investment.

Here are Tokoin’s very clear upcoming plans:
◾ De-Fi Game: A various mini game ecosystem inside T-Fi that allows users to win rewards with TOKO tokens.
◾ Lending De-Fi Protocol: They’ll allow NFT/Token collateralized lending, which helps our holders. TOKO is a liquidity token for investors that require instant liquidity for their investment.
◾ Interact to Earn: A social networking app that connects like-minded individuals/groups. TOKO tokens are used to access advanced features and show appreciation.
◾ Expanding Our Network: They’ll soon integrate TOKO token on more networks and chains to support their growing ecosystem.
◾ Opening up SDK for partners: They want to open their ecosystem SDK to local governments and other traditional businesses, making it simpler for them to use their blockchain technology.
◾ TOKOIN Blockchain Network: Tokoin is building a blockchain network. They’ll use NPoS and Substrate as their framework. The Tokoin network will keep gas fees low, secure, and scalable.

About DWF Labs:

DWF Labs is part of the parent firm Digital Wave Finance (DWF), which consistently ranks among the top 5 trading entities by volume in the cryptocurrency world through its proprietary technology for high frequency trading. The company is present in Singapore, Switzerland, the UAE, South Korea, BVI, and expanding.

DWF Labs seeks to invest and support bold founders who want to build the future of Web3. They offer consulting, liquidity provision, cybersecurity, smart contract audit processes, debt-financing, treasury management and connections with our numerous partners across different verticals. On top of that, being one of the best traders in the world, DWF Labs can utilize their extensive knowledge to protect projects from the risks associated with market volatility.

Related Posts

NewBitcoin Ecosystem: A Second Chance to Mine Bitcoin with Community-Driven Innovation

NewBitcoin Ecosystem: A Second Chance to Mine Bitcoin with Community-Driven Innovation

by firstcryptonews
September 5, 2025
0

The NewBitcoin Ecosystem has officially launched, delivering a powerful decentralized mining and financial platform built for the future of blockchain....

MK DONS BECOMES FIRST FOOTBALL CLUB TO LAUNCH BLOCKCHAIN-VERIFIED COMMUNITY IMPACT PROGRAM WITH ZENKO PROTOCOL

MK DONS BECOMES FIRST FOOTBALL CLUB TO LAUNCH BLOCKCHAIN-VERIFIED COMMUNITY IMPACT PROGRAM WITH ZENKO PROTOCOL

by firstcryptonews
September 4, 2025
0

Every Home Shirt Sale Automatically Feeds One Child in Milton Keynes Through Revolutionary 'Hunger Gets Relegated' Campaign MILTON KEYNES, UK...

The Wally Group’s Roadmap: Building Beyond the Meme

The Wally Group’s Roadmap: Building Beyond the Meme

by firstcryptonews
August 22, 2025
0

The world of meme coins is often dominated by hype cycles, fleeting communities, and promises that never quite materialise. But...

Kame aka $Kame: A Novel Crypto Initiative Powering SEE Turtles Conservation

Kame aka $Kame: A Novel Crypto Initiative Powering SEE Turtles Conservation

by firstcryptonews
August 21, 2025
0

Crypto philanthropy is charting new territory—and one promising frontier is the collaboration between Kame (stylized as $Kame) and SEE Turtles,...

Sliyd launches on Base with one-click digital wallets; The “100k Sliyd Drop” shows how easy onboarding can be

Sliyd launches on Base with one-click digital wallets; The “100k Sliyd Drop” shows how easy onboarding can be

by firstcryptonews
August 21, 2025
0

Built for campaigns with simple sharing, on-chain proof and fair distribution, Sliyd is turning attention into action and rewards. British...

Huddle: The Cross-Chain Web3 Dashboard Transforming Portfolio Tracking

Huddle: The Cross-Chain Web3 Dashboard Transforming Portfolio Tracking

by firstcryptonews
August 21, 2025
0

The Web3 space continues to expand at lightning speed, with users often juggling multiple wallets across several chains. For NFT...

Next Post
Metamine Announces Its Token $MTMN Listing on Global Crypto Exchange DigiFinex

Metamine Announces Its Token $MTMN Listing on Global Crypto Exchange DigiFinex

Recommended

MedicalVeda

MedicalVeda Announces a Defi Based Medical Health Care Protocol

5 years ago
CRYPTOLOGY

Cryptology online trading review: The best quality cryptocurrency exchange

4 years ago
El Salvador Creates History by Integrating Bitcoin as Legal Tender, Buys $21 Million in BTC

El Salvador Creates History by Integrating Bitcoin as Legal Tender, Buys $21 Million in BTC

4 years ago
Dreams Quest

Dreams Quest (DREAMS) Officially Listed On KuCoin

4 years ago
nafter jake paul

Jake Paul Announces Partnership with Nafter – the 1st NFT Social Network

4 years ago
CrickDAO: The First of its Kind Fantasy Cricket Platform

CrickDAO: The First of its Kind Fantasy Cricket Platform

3 years ago

First Crypto News

First Crypto News

First Crypto News is the Fastest Crypto News Portal. We Bring the Best and We Bring it Fast.

Bitcoin

Amid Chinese Crackdown, America’s Foundry USA Mining Pool Enters Top Ten Spot

Amid Chinese Crackdown, America’s Foundry USA Mining Pool Enters Top Ten Spot

June 21, 2021

Recent News

Atua AI Introduces Adaptive Pipelines for Scalable Automation in Web3 Systems

Atua AI Introduces Adaptive Pipelines for Scalable Automation in Web3 Systems

September 9, 2025

Press Release

NewBitcoin Ecosystem: A Second Chance to Mine Bitcoin with Community-Driven Innovation

NewBitcoin Ecosystem: A Second Chance to Mine Bitcoin with Community-Driven Innovation

September 5, 2025

© 2020 First Crypto News

No Result
View All Result
  • Home
  • World
  • Science
  • Tech

© 2020 First Crypto News