Floki has launched the asset tokenization platform TokenFi to lay out the asset tokenization track.

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1 year ago

By 2030, the asset tokenization track is expected to reach a volume of $16 trillion, with enormous potential in the industry. This potential is so significant that BlackRock, the world's largest institutional investor managing $10 trillion in assets, has referred to it as "the next evolution of the market."

Every major cryptocurrency exchange, institutional investor, and cryptocurrency thought leader predicts that tokenization will become the most important and hottest trend, ultimately leading to mainstream adoption of cryptocurrencies—especially by 2024. Binance, KuCoin, and other top cryptocurrency exchanges have published research reports on its enormous potential.

There are not many cryptocurrencies focused on the tokenization industry. However, TokenFi tokens are launched by the experienced Floki team, which introduced and operates the popular Floki cryptocurrency, which was valued at $3.5 billion in 2021.

In 2021, the Floki team took over Floki, and through their efforts, Floki's performance increased by 875 times, reaching a market value of $3.5 billion. TokenFi is targeting an even larger potential industry, and its initial hype has shown strong interest. TokenFi's market value at launch is only $50,000, which is crazy considering the scale of Floki and its team.

The launch of TokenFi is the first attempt to introduce a new cryptocurrency by Floki in over two years. With the strong industry resources and success record of the Floki team, there is no doubt that their new cryptocurrency will be successful.

TokenFi will be launched on October 27, 2023.

The following points make Floki's new token, TokenFi, very interesting and worth paying attention to:

  • TokenFi is a cryptocurrency and asset tokenization platform, with the industry's value expected to reach $16 trillion by 2030.
  • TokenFi will have real-world utility, connecting real-world assets to the blockchain.
  • TokenFi's circulating market value is $50,000, with a fully diluted market value of $500,000.
  • The Floki team is launching the token. This is an experienced and well-connected team with a strong track record in the cryptocurrency field: when the original developers abandoned the Floki cryptocurrency, they took over and relaunched it with a market value of $4 million. A few months later, its market value reached $3.5 billion, an 875-fold increase.
  • Several institutional investors have partnered with Floki to launch this product and will collaborate with them. This includes the hottest cryptocurrency market makers and institutional investors, DWF Labs.
  • Several top exchanges have committed to listing the token after its launch.
  • Floki has over 460,000 holders, possessing one of the most powerful and active communities in all cryptocurrencies, which will promote their new token.
  • This is the first time the Floki team has introduced another cryptocurrency after Floki, as they want to reward existing FLOKI holders.
  • While cryptocurrency projects typically allocate 25% of their token supply to their team with almost no vesting schedule, the Floki team has only allocated 2%, and it is released linearly over four years. This means they believe the project will be sustainable and develop for at least four years.

TokenFi is an excellent cryptocurrency that often suddenly emerges: it focuses on industries with long-term sustainability, has a strong and well-connected team, a strong track record, solid concepts, a powerful community, and a positive willingness and plan to drive the success of cryptocurrencies.

The Floki team has also partnered with the major sports brand World Table Tennis for TokenFi. This collaboration is expected to introduce TokenFi to 120 million people globally, just one of the many partners planned for their new project.

To better understand Floki's marketing efforts, here are some partnerships they established for their main token, Floki, valued at $3.5 billion in the last bull market:

  • They partnered with the world's largest 9 football clubs. The total audience of these clubs exceeds 3 billion.
  • They partnered with the popular Alfa Romeo Formula 1 team. Formula 1 racing has an audience of 1.55 billion.
  • They partnered with the top cricket team India Maharajas, introducing their brand to over 700 million people.
  • They partnered with the WTT Table Tennis Association, introducing it to over 700 million people.
  • Floki advertisements were placed on over 300 London buses and the entire London Underground, essentially locking in London for Floki.
  • Floki advertisements were placed on billboards, airports, TV stations, buses, and trams in over a dozen countries worldwide.

In summary, the above partnerships have introduced Floki to over 3 billion people, even considering audience overlap. This is why Floki has become one of the most popular cryptocurrencies in the world. In the last bull market, its market value reached $3.5 billion.

All signs indicate that Floki is attempting to replicate this feat through TokenFi and may achieve even greater success due to the larger scale of the tokenization track.

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