TOK is a token issued by TOKOK with a total supply of 1 billion which will never be added. TOK is a decentralised block chain digital asset based on Ethereum and an ERC20 standard token based on an Ethernet block chain.
Functions of TOK
1. Deduct Trading Fee
When using TOK to pay for fee, the transaction fee is reduced by 50%.
E.g A transaction costs 100 USDT, but only requires TOK that worth 50 USDT.
2. Deflation
Quarterly 30% of TOK gained from transaction fees is burnt until 100 million in total is left.
E.g The transaction fee obtained by the platform in a quarter was 10 million TOK tokens, of which 3 million were burnt.
Change Note: Starting from April 1, 2019, the adjustment is to “destroy 100% of the TOK obtained from the transaction fee every month until the stock is 100 million.”
3. Dividend from Fee
Quarterly 70% of TOK fee will be equally distributed as dividend to each TOK on the platform.
Change Note: Starting from April 1, 2019, 100% of the previous clause has been destroyed, there is no TOK available for dividends, so the clause is cancelled.
4. Profit Sharing
Quarterly 25% of the profit earned by the platform will be equally distributed to each TOK on the platform in the form of BTC, ETH or other currencies.
Change Note: Starting from April 1, 2019, the profit will be used to repurchase TOK token.
5. Airdrop
Some of tokens obtained by the platform from project cooperation will be equally distributed as reward to each TOK on the platform.
6. Ecological Construction
By developing the underlying technology of Block Chain, we aim to build a TOK-oriented ecosystem , and constantly give the TOK new functions.
7. TOK Trading Pairs
TOK can be traded with all the tokens listed on TOKOK.
8. Holder Exclusive
Holders can enjoy different exclusive privileges in proportion to their holding percentage.
E.g IPFS Mining, Special Fund, etc.
Trade TOK right now:
TPS is exclusive points designed for activities and games on TOKOK.
1. How to get points: Registered users of TOKOK can participate in various officially launched by the platform activities to obtain "TPS".
2. Usage of points: "TPS" can be used in designated activities organized by TOKOK, such as lucky draw, exchange tokens or commodities on credit mall, etc.; Specific methods and conditions of use will be announced in each activity.
3. "TPS" is only points on TOKOK, which cannot be traded or withdrawn.
