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TOK is a platform token promoted by TOKOK. The total issuance is always 1 billion, and it is guaranteed to never issue additional issuances. TOK Coin is a decentralized blockchain digital asset issued by Ethereum. It is an ERC20 standard token based on the Ethereum blockchain.
TOK holders can enjoy a series of platform benefits including handling fee discounts.
TOK eight main functions
1. Deduct transaction fees:
Use TOK coins as a deduction fee during transactions, and you can get a 50% discount.
For example: A transaction requires a handling fee of 100 USDT, and using TOK deduction only requires a TOK token worth 50 USDT.
2. Total deflation:
30% of the TOK obtained from the transaction fee will be destroyed every quarter until the stock is 100 million.
For example: The transaction fee obtained by the platform in a certain quarter was 10 million TOK tokens, of which 3 million were destroyed.
Note: Starting from April 1, 2019, it will be adjusted to "100% of the TOK obtained from the transaction fee will be destroyed every month until the stock is 100 million."
3. Transaction fee dividend:
Every quarterly, 70% of the transaction fee will be awarded as dividends and distributed evenly to each TOK token on the platform.
Note: Starting from April 1, 2019, it has been 100% destroyed according to the previous clause, and there is no TOK for dividends, so this clause is cancelled.
4. Profit dividend:
25% of the platform's profits per quarter will be distributed evenly to each TOK token on the platform in the form of BTC, ETH or other value currencies.
Note: Starting from April 1, 2019, this part of the profit will be used for repurchase TOK.
5. Airdrop reward:
Part of the tokens obtained by the project cooperation as rewards, and evenly distributed to each TOK token on the platform.
6. Ecological construction
By continuously developing underlying blockchain technology, building a TOK-centric ecosystem, and constantly giving TOK tokens new functions.
7. TOK trading pair:
TOK trading pairs open all listed currencies and purchase currencies through TOK.
8. Member exclusive:
Grade members according to the number of TOKs held and enjoy different exclusive channels.