Tokoin launches TOKO IEO on Kucoin Spotlight and plans to Accelerate the Growth of the Global MSME Industry

Blockchain technology continues to make waves around the world. The core interest in the financial sector is paying off, as it now has many use cases in its kitty. The recent is the application of the technology in the Micro, Small, and Medium Enterprises (MSMEs) that are dominated by upcoming companies.
Now, we’ll look at the challenges holding down the growth of the MSME industry and how the application of the Tokoin blockchain would reposition the sector for the better.

Current Challenges
Startups and companies that want to join a highly competitive business environment have many challenges. Top on the list is the domination by top companies that do not need much competition. Also, investors are not too willing to fund these companies. Therefore, they’re in a world of their own, where they battle to remain relevant while working up the ladder to attain global recognition.

How Can the Tokoin Blockchain Fix the Issues?
Blockchain technology is famous for the unique model that cuts down on the arrogation of powers to centralized institutions and persons. In the same regard, it breeds transparency and security, which are relevant features that play vital roles in every business setting.
So, the Tokoin blockchain is a dedicated blockchain-based platform geared towards the transformation of the Micro, Small, and Medium Enterprises (MSMEs). Through that, it offers immense qualities that would take the industry from the current level to the anticipated height.

Building Startups’ Reputation
Reputation is one of the primary issues that negate thee different measures for the growth of startups. Tokoin addresses that with the Digital Business Identity. The latter is a medium for collecting information about companies' operations and using the same to create a digital representation/profile of the company. That way, you’re confident that transparent dealings are on course. That would also empower investors to discover the standing of your business to see where they can come in to help take it to the next level.

The Reality of Tokoin Blockchain
Blockchain technology continually seeks better opportunities to create a unique environment for businesses to thrive. The same plays out here where the Tokoin blockchain is applied in rejuvenating the dwindling fortunes of startups.
The real-life aspect to it is that startups can seek loans on the blockchain, receive the funds, and use them in the real-world to purchase goods and services for the onward growth of their companies. Besides, the convergence of different participants in the ecosystem makes it encompassing for the various stakeholders to benefit from the Tokoin blockchain.

How Can I Get Started?
Newbies are welcome to try their hands on this innovative platform. MSMEs have the options of visiting the offline stores of Tokoin or using the Token dApp (mobile application) to create an account. They would then go through the Know-Your-Customer (KYC) procedure as part of the verification process. In the end, such startups/companies would get the Digital Business Identity that certifies them to carry out transactions in the Tokoin marketplace.
It’s worth mentioning that every successful transaction facilitated through the Tokoin mobile application offers the users more relevance because their credit score would keep increasing. The Digital Ledger would also be overseeing every transaction while creating records for every transaction conducted by the company.

The Funding System
Based on the needs, registered company on Tokoin with the Digital Business Identity can then proceed to apply for finance. Investors would then go through the data/information generated in the Digital Ledger. Depending on the investors’ specifications, the company may get the loan. Also, a company that has a favourable background can be sure of getting funded on the platform.

TOKO IEO Information

IEO on KUCOIN
Ticker: TOKO
Token Standard: ERC-20
Total Supply: 2 billion TOKOs
Soft Cap: $8 million
Hard Cap: $25 million

FIVE CORE REASONS WHY I THINK TOKO IEO IS COOL
👉 Highly experienced team.
👉 Tokoin Team has been verified by Kucoin proving they are legit.
👉 Valid real world project aim.
👉 outstanding product in view.
👉 impressive Token economics.

Final Words
Blockchain technology has come to stay. It is up to the different sectors of the global economy to embrace and integrate it into already-existing structures. The proponents of the Tokoin blockchain are worth changing the global Micro, Small, and Medium Enterprises (MSMEs) for good. Therefore, the stakeholders should take the needed steps to drive the adoption of the Tokoin blockchain into the industry, as it would reposition it for the better.

Watch this video for better understanding of Tokoin 🎬Intro to Tokoin and TOKO

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Writer's info
Bitcointalk username: deodivine1
Profile URL : https://bitcointalk.org/index.php?action=profile;u=1390292
Telegram : @engrdeo