In 2022, experts valued the Real Estate Tokenization Market at $2.7 billion. They expect it to reach $16 trillion by 2030.This review will look at TokenFi, a project run by the Floki DAO and led by the Floki Core Team. We will examine how TokenFi is transforming real estate tokenization.
TokenFi provides a platform that makes creating tokens and tokenizing real-world assets straightforward. Its user-friendly WYSIWYG interface allows anyone to manage the process with just a few clicks, no coding needed.
Mission of Token Fi :
TokenFi aims to give users all they need to create successful crypto tokens or tokenize an asset in a simple all-in-one platform without writing a single line of code.
TokenFi provides a seamless, all-in-one solution for crypto token creation and asset tokenization, eliminating the need for coding expert.
$TOKEN :
Every transaction on the TokenFi platform uses $TOKEN, with a portion of successful transactions automatically buying and burning $TOKEN.
Here’s a quick overview of the $TOKEN distribution:
Initial $TOKEN Distribution:
The team allocates 54% of the supply to Floki staking pools, where users will earn it over four years.
2% allocated to Floki NFT holders and Diamond Hands holders.
10% allocated to the initial liquidity pool on the ETH and BNB chains.
20% allocated to the Floki treasury for development and operations.
2% allocated as team incentives, vested over four years.
5% allocated to the TokenFi User Incentives System to boost adoption, to be earned over four years.
7% allocated to the TokenFi staking program, to be earned over four years.
TokenFi Products:
TokenFi Token Launcher: Launch your own ERC20 (or BEP20) compliant token, such as FLOKI, without writing any code.
TokenFi QuickLaunch Bot: Create tokens quickly and seamlessly across several top EVM blockchains directly from your mobile device via Telegram or Discord.
TokenFi Launchpad: Raise funds for your tokens in a decentralized way without dealing with technical complexities.
Generative AI for NFTs: Use Generative AI to create high-quality artwork for your NFT launches with just a few clicks.
TokenFi RWA Tokenization Module: Tokenize Real World Assets (RWA) that are not classified as securities with this dedicated module.
TokenFi Connect: Establish direct and seamless connections with key industry players, including VCs, market makers, and exchanges.
Tokenomics:
Price: $0.050
Market Cap: $50.50 million
Circulating Supply: 1 billion
Total Supply: 10 billion
Token Ticker: $TOKEN
Price Action Q3 2024
Just like most of the solid RWA project, $TOKEN saw a good hold of the support around 5 cents which is currently being tested. The sell pressure has reduced significantly in the last 2 months which would set $TOKEN for a good base going into Q4
Conclusion:
TokenFi provides a user-friendly platform for creating crypto tokens and tokenizing real-world assets.
With its diverse product suite and emphasis on real-world asset tokenization, TokenFi is well-positioned to capitalize on the rapidly expanding tokenization market.
