Floki launched the asset tokenization platform TokenFi to布局 the asset tokenization track
By 2030, the asset tokenization sector is expected to reach a size of $16 trillion, and the potential of this industry is so immense 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 the mainstream adoption of cryptocurrencies—especially by 2024. Binance, KuCoin, and other top cryptocurrency exchanges have written research reports on its enormous potential.
There are not many cryptocurrencies focused on the tokenization industry. However, the TokenFi token is launched by the experienced Floki team, which introduced and operates the popular Floki cryptocurrency that reached a valuation of $3.5 billion in 2021.
The Floki team took over Floki in 2021, and through their efforts, Floki's performance grew by 875 times, reaching a market cap of $3.5 billion. TokenFi targets an even larger industry, and its initial hype shows strong interest. The initial market cap of TokenFi is only $50,000, which is insane considering the scale of Floki and its team.
The launch of TokenFi is the first attempt to introduce a new cryptocurrency since Floki was established over two years ago. With the Floki team's strong industry resources and successful track record, there is no doubt that their new cryptocurrency will succeed.
TokenFi will launch 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 asset tokenization sector expected to reach a value of $16 trillion by 2030.
- TokenFi will have real-world use cases, connecting real-world assets with blockchain.
- TokenFi's circulating market cap is $50,000, with a fully diluted market cap of $500,000.
- The Floki team is launching this token. This is an experienced and well-connected team with a good track record in the crypto space: they took over the Floki cryptocurrency when the original developers abandoned it and relaunched it with a market cap of $4 million. A few months later, its market cap reached $3.5 billion, growing by 875 times.
- Several institutional investors have partnered with Floki to launch this product and will collaborate with them. This includes the hottest cryptocurrency market maker and institutional investor DWF Labs.
- Several top exchanges have committed to listing the token for trading after its launch.
- Floki has over 460,000 holders, boasting one of the strongest and most active communities in all of cryptocurrency, which will promote their new token.
- This is the first time the Floki team has launched another cryptocurrency since Floki, and they are doing so because they want to reward existing FLOKI holders.
- While crypto projects typically allocate 25% of their token supply to their team with little to no vesting schedule, the Floki team has only allocated 2%, with a four-year linear release. This means they believe the project will be sustainable and grow for at least four years.
TokenFi is an excellent cryptocurrency that tends to emerge suddenly from time to time: focused on a long-term sustainable industry, backed by a capable and well-connected team with a good track record, solid concepts, a strong community, and a positive willingness and plan to drive the cryptocurrency to success.
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 worldwide, and it is just one of many partnerships planned for the new project.
To better understand Floki's marketing enthusiasm, here are some partnerships they have established for their main token Floki, which was valued at $3.5 billion during the last bull market:
- They partnered with the world's top 9 football clubs, with a total audience of over 3 billion.
- They collaborated with the popular Alfa Romeo Formula 1 team, which has an audience of 1.55 billion.
- They partnered with India's top cricket team, India Maharajas, introducing their brand to over 700 million people.
- They collaborated with the WTT table tennis association, reaching over 700 million people.
- Floki advertisements were placed on over 300 London buses and throughout the London Underground, effectively locking in London for Floki.
- Floki advertisements appeared on billboards, airports, TV stations, buses, and trams in dozens of countries worldwide.
In total, these 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, reaching a market cap of $3.5 billion during the last bull market.
All signs indicate that Floki is trying to replicate this feat with TokenFi, and it may achieve even higher due to the larger scale of the tokenization sector.