THE SOLID ACCOMPLISHMENTS OF TOKOIN.

kenechukwu ndumanya
5 min readSep 4, 2019

In case you missed any significant event on tokoin platform, here is a detailed narrative on their journey so far;

Since the CEO of tokoin Reiner Rahardja and his team of great potential launched the TOKOIN project in the third quarter of 2018, the TOKOIN team all hands has been on deck inorder to achieve all the projects proposed missions to the MSMEs and the rest of the cryptoworld. the project stated with private sale stage to wallet development stage in fourth quarter of 2018.

The first to second quarter of 2019 was the phase when the talented team of tokoin committed fully both mentally and physically to the project from the grand launch of the ROADSHOWS, to the Involving of Reputable BLOCKCHAIN advisers to TOKOIN ecosystem which made the successful launch of the TOKOIN TEST-NET phase. Likewise in the third quarter of 2019, the team on-boarded warehousing and financial partners to TOKOIN ecosystem and now they are looking at expanding local operations to 10 tier-1 cities in Indonesia which is already in progress.

Understanding that partnerships are the way to ensure quick market exposure, adoption, and penetration, Tokoin has been at it since inception, partnering with Indonesian Ministry of Industry and Ministry of Trade as well as some big names like Ralali, Parsapolis, and Sahabat UMKM locally and Blockcrafters, Destreet, Refereum, and Tomochain etc

TOKOIN PARTNERS WITH INDONESIAN GONERNMENT INSTITUTION

Indonesia government understands the need to develop the MSMEs sectors measuring their contributions to the GDP, thats why governments are so keen to partnering with companies who can assist them in addressing fundamental issues that can be easily solved using technology and more so the blockchain.

The team first announcement on partnership was with the three most important Indonesian Government Institutions in The MSME Sector. This government institution partnership includes:
1. The Indonesian Chamber of Commerce and Industry.
2. The Ministry of Industry of The Republic of Indonesia.
3. Ministry of Trade of The Republic of Indonesia. The main aim of this partnership is to assist in onboarding 50,000 users in the TOKOIN ecosystem by fourth quarter 2019.

TOKOIN PARTNERS WITH RALALI

Tokoin partners with ralali ( largest B2B marketplace in indonesia ) this partnership gives Tokoin access to the Ralali.com platform which currently connects vendors to MSMEs, bringing in 3.3 million unique visitors each month. Their platform currently has:

# 500,000 verified vendors (MSMEs)

# Close to 400,000 customers

# +600,000 SKUs

# 1000 sub-categories

# 100+ Brand partners

TOKOIN PARTNERS WITH PARSAPOLIS AND UKMM IN INDONESIA

Parsapolis is the leading InsurTech company in Southeast Asia and the only company jointly invested by three Unicorns in Indonesia, Go-Jek, Tokopedia, and Traveloka working to enable consumers to be protected founded in 2015. Sahabat UMKM becomes a means of delivering knowledge and a forum for interaction for business people to contribute to one another, deliver thoughts, share experiences in building their business and developing networks/connections.

this partnerships will be able to provide customized insurance products to MSMEs on the Tokoin platform, assisting their development and allowing for economic inclusion.

TOMOCHAIN AND TOKOIN PARTNERS

Tokoin partners with tomochain, this partnership will open up opportunities for both projects to explore market expansion and increase the brand awareness where we are present. We will carry out mutual activities to educate the public and head towards reaching mass adoption by integrating blockchain power into enterprises.

TOKOIN AND XSQ PARTNERSHIP

Tokoin and XSQ Partnership symbolizes the recognition of MSME sector’s importance and facilitates the industry’s growth. Tokoin entered into the partnership with XSQ Blockchain Infrastructure and Investments. As per the agreement between these two businesses, XSQ serves as a lending partner for Tokoin, thus providing MSMEs with the so-needed funds for future growth.

IEO ON KUKOIN SPOTLIGHT

Another great achievement of tokoin which marked their full entrance into the crypto world is the just concluded TOKOIN IEO which was hosted on one of the top CMC exchange “KUCOIN”. The IEO was sold out in minutes and it’s currently trading above x3 of the IEO price which makes TOKOIN the only outstanding sale so far in the history of KUCOIN IEOs.

TOKOIN PARTNERSHIP WITH BIFROST

Tokoin has partnered with Bifrost. Bifrost is implementing a middleware platform which would enable DApps to enjoy the advantages of different blockchain platforms. Tokoin are solving this problem by creating a blockchain-based data record for MSMEs to upload their KYC data, create verifiable digital identities, and associated details of their financial transactions with these identities. Bifrost’s middleware platform is the perfect fit for our DApp.

CONCLUSION

Ever since the launching of this project, the team has been working tirelessly even after they recorded a huge success on the concluded IEO they are still keepin the project on track with partnerships and another event which they are planning to unveil soon, that is the TOKOIN POS, Through POS, merchants input and clarify the MSMEs’ purchase transactions as the system records it in a Digital Ledger. Tokoin’s POS system is a device released by Tokoin’s platform

stay tuned for more events from tokoin

For more information:
Website: https://tokoin.io
Whitepaper: https://www.tokoin.io/whitepaper/Whitepaper.pdf?id=05f5c9d62d22ae24ea82
Telegram Chat: http://t.me/tokoinglobal
Twitter: https://twitter.com/TokoinOfficial
Facebook: https://www.facebook.com/TokoinOfficial
Medium: https://medium.com/@tokoin
Instagram: https://www.instagram.com/tokoinofficial

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