On January 31, 2024, the Indonesian TOKO exchange released the new TKO white paper v4.0. TKO is the platform currency of the exchange. The new white paper discloses the current management dynamics of TKO tokens: the TKO Foundation is established to be responsible for the independent management of TKO. Before starting the text, let’s take a look at the positions so that you can clearly understand how many cents I can get you. The main contents of the leek white paper are as follows: 1. Under Indonesia’s strong regulatory measures, tko isolates risks, distances itself from risky projects, and promotes the establishment of ethics. standard. I guess the purpose is to create a persona for the platform. 2. Through offline entity cooperation, we have established cooperative relationships in three fields including banking, e-commerce, and catering. The largest banking institutions and the largest e-commerce platforms have cooperated to increase their visibility. The purpose is to strengthen market share and make tko the largest platform currency in Indonesia. 3. According to the research results of the Coin Gecko organization, between 2022 and June 2023, the toko exchange’s market share in Indonesia will increase from 23.4% to 23.4%. It increased to 43%, and the latest data has not yet been released. 4. Based on the original tko burning mechanism: 10% of the total spot fee revenue will be used to repurchase tko for destruction every quarter, and the upper limit of the amount of destruction is 10% of the total amount (50 million). The new destruction mechanism adjusts the upper limit to 50% of the total amount (250 million). The latest data shows that 22,973 TKO were burned in the fourth quarter of 2023, and a total of 167,701 TKO was burned in history. 5. Toko wants to develop web3 wallet and futures trading functions, but the futures license has not yet been issued. 6. Starting from January 2024, the launchpad function will be added. Users of toko exchange can obtain new currency airdrops by holding tko. At present, it seems that there are two new projects that will be listed on Toko Exchange through this method. I only saw one project in progress. 7. TKO chip distribution: 165 million in circulation, 335 million in TKO Foundation. Among them, the former CEO and founder Pang owns 70 million tko, which only accounts for 14% of the total. For details of other allocated quotas, see the picture at the bottom of the article. 8. The four main members of the team are: The new CEO, who is good at investment and mergers and acquisitions. . Chief Marketing Officer, former Binance Marketing Manager. Financial Officer, background information unknown. Account Manager, good at stock research, familiar with capital market operations, currently in charge of the listing team, not sure whether it is a new project to issue coins or Toko has plans to list its stock. Summary: The team is working hard, and repurchasing and burning is a long-term positive. After the bull market transaction volume increases, the quantity and price of destruction will reach a balance point. At that time, the price of tko will be worth looking forward to. I think 10 times should be easy.#tko #TradeNTell #内容挖矿 $TKO