FLOKI creators’ TokenFi platform will offer TOKEN holders early access to asset issues

What’s new? TokenFi, the asset tokenization platform from the creators of the FLOKI meme token, will launch the TOKEN native coin holder incentive program. Under the TOKEN Supercharge Program, TOKEN holders and stakers will get early access to new asset releases on the platform, as well as the ability to buy four times as many of these assets as the standard limit per crypto wallet.

Material by CoinDesk

What else is known? To receive priority status on the wallet or in the stake, the user must have TOKEN of at least $1000. The larger the amount, the more benefits the user will receive. This is how the developers intend to encourage long-term investors in conditions when new asset issues sell out very quickly. In turn, users who do not stake or hold TOKEN may be restricted from accessing asset sale events. So far, the TOKEN Supercharge Program initiative has not been approved and is in the discussion stage.

The TokenFi team said there will be about 12 new token launches on the platform soon. “We envision a scenario in which some of these token sale events could be sold out in minutes, especially if open to the general public. This could result in the majority of $TOKEN stakers and holders being unable to participate in these events when they should be the main beneficiaries,” the company explained its reasons for developing the initiative.

TokenFi allows users to create tokens without writing code. At the end of last year, it launched a tool for creating ERC-20 standard tokens using a bot in Telegram and Discord, as well as a browser. Users only need to specify the main characteristics of the future asset and set the tokenomics features.

Earlier, the FLOKI team held a TOKEN airdrop as part of the Diamond Hands Rewards program. Among consecutive FLOKI holders, 1% of the total TOKEN supply was distributed.

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FLOKI ranks fifth in the meme token ranking and 63rd in the overall ranking of cryptocurrencies with a capitalization of over $2 billion, trading at $0,0002135, adding 3,9% overnight. TOKEN is ranked 322nd in the overall ranking with a capitalization of $224,051 million and trading at $0,1577 (-1,1%).