Introduction

TokenFi is a platform designed for the creation and management of digital tokens and the tokenization of real-world assets (RWA). It is managed by the Floki DAO and developed by the Floki Core Team. The goal is to simplify tokenization so it is more accessible for users without requiring expert coding skills.

The platform supports various digital assets, including cryptocurrencies, tokens, and non-fungible tokens (NFTs), providing tools and services that allow users to create, manage, and trade easily through an environment that provides security, scalability, and a user-friendly experience.

History of TokenFi and Floki

TokenFi was developed by the Floki team to capitalize on the tokenization market, projected to reach $16 trillion by 2030. TokenFi simplifies the crypto and asset tokenization process and aims to become a leading platform in this market.

TokenFi benefits from Floki’s established community and resources, leveraging existing partnerships and infrastructure. TokenFi’s launch included measures to protect against market manipulation, such as a wallet cap and transaction tax during the initial trading period. Floki stakers can earn TokenFi tokens, incentivizing long-term engagement and stability.

What is TokenFi?

TokenFi is a platform designed to create and manage digital tokens and the tokenization of real-world assets (RWA). It simplifies tokenization through a user-friendly WYSIWYG (What You See Is What You Get) interface, making it accessible for users that do not possess advanced coding skills, while also supporting a variety of assets, including cryptocurrencies, tokens, and non-fungible tokens (NFTs).

Understanding the WYSIWYG Interface

The WYSIWYG (What You See Is What You Get) interface by TokenFi democratizes the token creation process by making it accessible to a broad audience, combining ease of use, real-time feedback, customizable features and integrated security measures to provide an efficient tokenization solution.

The interface allows users to create tokens by filling in necessary details and selecting desired features through a visual interface. Users can input all necessary details about their tokens, such as the token name, symbol, total supply and decimal precision, directly into the interface, which in turn eliminates the need for advanced technical expertise and reduces the complexity typically associated with blockchain development.

TokenFi’s Products and Services

TokenFi offers many products, services and features that collectively provide a comprehensive solution for token creation, management, and real-world asset tokenization, simultaneously using advanced technologies and user-friendly interfaces to make blockchain accessible to a broad audience.

TokenFi Token Launcher

The TokenFi Token Launcher simplifies the creation of cryptocurrency tokens. Through this, users can create tokens by filling in basic details such as the token name, symbol, total supply, and decimal precision, and the interface allows for the addition of optional features, including transaction fees, automatic burns, buyback features, and more.

This process requires no coding knowledge and is completed within minutes. The launcher supports various types of tokens, including ERC-20, ERC-721, and ERC-1155, and is compatible with multiple EVM blockchains like Ethereum, BNB Chain, Base, Arbitrum, Blast, and opBNB.

TokenFi QuickLaunch Bot

The TokenFi QuickLaunch Bot allows users to create tokens directly through Telegram and Discord. Users can deploy tokens without using a traditional web interface by sending simple commands within these messaging apps. This bot supports the same EVM blockchains as the TokenFi Token Launcher.

TokenFi LaunchPad

TokenFi LaunchPad is a decentralized platform for launching new token projects and raising funds. It supports various funding mechanisms such as initial coin offerings (ICOs) and initial DEX offerings (IDOs). The LaunchPad provides tools for managing token sales, ensuring compliance and security through integrated smart contract audits and real-time monitoring. The platform is live on several EVM blockchains, including Ethereum, BNB Chain, Base, Arbitrum, Blast, and opBNB.

TokenFi Generative AI

TokenFi Generative AI allows users to create high-quality artwork for NFTs using artificial intelligence. This tool reduces the cost and time required to produce NFT art. Users can generate artwork within the TokenFi app and immediately create NFTs, facilitating a seamless transition from concept to deployment. The Generative AI integrates with the TokenFi Token Launcher and QuickLaunch Bot, enabling users to launch their NFT contracts quickly and efficiently.

TokenFi AI Smart Contract Auditor

The TokenFi AI Smart Contract Auditor provides real-time audits of smart contracts. Users can perform on-the-spot audits of tokens created with TokenFi, receiving a branded audit report that can be shared with partners and users. This service ensures the security and compliance of token contracts, offering a cost-effective alternative to traditional third-party audits. The auditor uses $TOKEN as its main utility token and will be available on the mainnet in 2024.

TokenFi Connect

TokenFi Connect facilitates connections and interactions within the TokenFi ecosystem. It provides a platform for networking and collaboration between token creators, investors, and institutions. Users can connect with market makers, exchanges, institutions, and thought leaders to enhance their projects’ visibility and success.

TokenFi RWA Tokenization Module

The TokenFi RWA Tokenization Module allows users to tokenize real-world assets (RWAs) that are not classified as securities. This module uses technologies such as Chainlink Proof of Reserves (PoR) and Chainlink Cross-Chain Interoperability Protocol (CCIP) to ensure the accurate representation and secure transfer of tokenized assets across different blockchains. The module aims to provide a flexible and efficient solution for bringing real-world assets onto the blockchain.

TokenFi Staking

The TokenFi Staking program allows users to stake tokens and earn $TOKEN rewards. Users can choose staking durations of three months, one year, two years, or four years on both BNB and ETH chains. Longer staking periods yield higher rewards. The staking program aims to ensure the stability of the TokenFi token and counter token emissions.

Getting Started With TokenFi

Step one: Wallet Connection

Users start by connecting their cryptocurrency wallet to the TokenFi platform, to manage funds and deploy new tokens.

Creating Tokens

1.Choose Token Type: Users select the type of token they wish to create, such as ERC-20, ERC-721, or ERC-1155 tokens. Each type serves different purposes within the blockchain ecosystem. In the example below, we are selecting to launch a NFT project

2.Add the images for the project (in case an NFT project is launched)

3.Provide Basic Information: Users input the basic information about the token, including token name, symbol, total supply, and decimal precision. This information defines the token’s attributes.

4.Optional Features: The interface allows users to add optional features to their tokens. These include transaction fees, automatic transaction burns, buyback features, and reflection mechanisms. Each feature enhances the token’s functionality and appeal.

Users can also customize transaction fees associated with their tokens. This step is optional but provides flexibility in how the token operates within the network.

After configuring the token details, users review the information and confirm the creation of the token. The interface displays a summary screen before final deployment.

To deploy their NFT project users select a payment method for the deployment process. Upon payment approval, the token is deployed successfully on the selected blockchain network. The interface also provides real-time feedback and updates during the token creation process, allowing users to see how their configurations affect the final token, which helps to ensure clarity and accuracy.

Regarding security, the WYSIWYG interface integrates with TokenFi’s AI Smart Contract Auditor, allowing users to perform on-the-spot audits of their tokens. This ensures that the tokens are secure and compliant with industry standards.

Supported Digital Assets

TokenFi supports multiple digital assets, enabling users to create and manage cryptocurrencies, tokens, and NFTs. The platform’s versatility allows for tokenizing different kinds of assets, providing users with the tools needed to bring digital and real-world assets onto the blockchain.

The platform includes the TokenFi Token Launcher for creating tokens, the QuickLaunch Bot for fast deployment, the LaunchPad for fundraising, Generative AI for creating NFTs, and the AI Smart Contract Auditor for real-time security audits. Other features include TokenFi Connect for networking and the RWA Tokenization Module for tokenizing real-world assets.

What is $TOKEN?

$TOKEN is the primary utility token of the TokenFi platform. Its use is essential to conduct many different operations and transactions within the ecosystem. Every function within TokenFi, from token creation to auditing, involves the use of $TOKEN.

Utility of $TOKEN

$TOKEN serves multiple roles within the TokenFi platform, enabling users to pay for creating new tokens via the Token Launcher and QuickLaunch Bot. It is also used to cover transaction fees and other related expenses in projects launched on the LaunchPad.

For security purposes, the AI Smart Contract Auditor service requires $TOKEN to perform audits on smart contracts. Additionally, users can stake $TOKEN to earn rewards, and the platform rewards users with $TOKEN for engaging in activities, participating in fundraising, and referring new users.

How to Acquire $TOKEN

Users can acquire $TOKEN by purchasing it on various cryptocurrency exchanges where $TOKEN is listed. Another way to acquire $TOKEN is by participating in the TokenFi ecosystem, earning tokens through active engagement such as creating tokens, using platform services, and referring new users. Users can also earn $TOKEN by staking existing tokens within the TokenFi platform, receiving rewards based on their staking activities.

Tokenomics

The total supply of $TOKEN is capped at 10,000,000,000 tokens, with an initial circulating supply of 1,000,000,000 tokens. The tokenomics structure is designed to promote utility and deflationary aspects. Each transaction involving $TOKEN incurs a 0.3% transaction tax, 80% of which goes to the treasury and 20% to the liquidity pool.

Distribution:

• 54% allocated to Floki staking pools over four years
• 2% allocated to Floki NFT holders and Diamond Hands holders
• 10% allocated to the initial liquidity pool on the ETH and BNB chains
• 20% allocated to the Floki treasury for development and operations
• 2% allocated as team incentives, vested over four years
• 5% allocated to the TokenFi User Incentives System to boost TokenFi adoption, distributed over four years
• 7% allocated to the TokenFi staking program, distributed over four years

$TOKEN is central to the operation of all TokenFi services. In the TokenFi Token Launcher, users need $TOKEN to pay for creating new tokens. On the TokenFi LaunchPad, projects use $TOKEN for transaction fees and to facilitate their fundraising activities. The TokenFi Generative AI requires $TOKEN to generate NFT artwork. For security, the TokenFi AI Smart Contract Auditor uses $TOKEN to perform audits on smart contracts. TokenFi Connect, which facilitates networking and connections, also uses $TOKEN.

Users can also stake $TOKEN in the TokenFi Staking program to earn rewards.

Floki and its Role in TokenFi

TokenFi is a project in the Floki ecosystem managed by the Floki DAO. The Floki Core Team, known for its success with the Floki token, provides the leadership and expertise behind TokenFi.

Integration with Floki’s technologies and community support is evident in several areas. A significant portion of $TOKEN is allocated to Floki staking pools and Floki NFT holders. The Floki treasury manages funds and ensures TokenFi’s operational and developmental continuity. Furthermore, TokenFi integrates Floki’s crypto locker protocol, FlokiFi Locker, to enhance the security of tokens promoted through the platform. The partnership with Floki brings a good foundation and extended support network, bolstering TokenFi’s capabilities and reach within the cryptocurrency landscape.

Conclusion

TokenFi is a platform designed to create and manage digital tokens and tokenize real-world assets. It was developed by the Floki Core Team and is currently managed by the Floki DAO. It features a user-friendly WYSIWYG interface, making tokenization accessible without requiring creators to possess advanced coding skills.

The platform supports the tokenization of multiple types of digital assets, including cryptocurrencies, tokens, and NFTs. It offers a range of tools and services, such as the TokenFi Token Launcher, QuickLaunch Bot, LaunchPad, Generative AI, AI Smart Contract Auditor, Connect, and the RWA Tokenization Module. Each component enhances the platform’s functionality and security, streamlining the token creation and asset management process.

TokenFi’s $TOKEN is integral to the platform’s operations, facilitating transactions, covering fees, and supporting staking and user incentives. The tokenomics of $TOKEN, designed to promote utility and deflation, include a 0.3% transaction tax and strategic distribution across staking pools, liquidity, and incentives. The integration with Floki provides additional support and resources, enhancing TokenFi’s capabilities and reach. TokenFi simplifies tokenization, making it accessible to a broader audience and positioning itself as a significant tool in cryptocurrency. For more detailed information, refer to TokenFi’s official documentation.