#Floki has launched a crypto and asset tokenization platform named #TokenFi to capitalize on the trillion-dollar tokenization industry.
The tokenization industry is projected to be a $16 trillion industry by the year 2030. #BlackRock, the world’s biggest institutional investor with $10 trillion of assets under management, strongly believes in the industry’s potential, which they call "the next evolution in markets”.
TOKENFI TOKEN DETAILS:
- Token name: TokenFi
- Token Ticker: $TOKEN
- Total supply: 10 billion tokens split across BSC and ETH (5 billion tokens on each chain).
- Launch market cap: $50,000 circulating and $500,000 diluted market cap.
- Industry targeted: Tokenization, Real World Assets, Launchpad.
An initial 10% token supply will be added to Liquidity Pools on Uniswap and PancakeSwap to provide public liquidity and allow interested parties to trade.
TRADING WILL COMMENCE ON UNISWAP AND PANCAKESWAP BY 3PM UTC ON OCTOBER, 27 2023.
- BSC contract address: 0x4507cEf57C46789eF8d1a19EA45f4216bae2B528
- ETH contract address: 0x4507cEf57C46789eF8d1a19EA45f4216bae2B528
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Business Case: HILO - A Blockchain Binary Prediction dApp for Risk-Averse Traders - https://t.co/12w3zMClqD - @HILOtoken
Introduction
Hilo is a decentralized application (dApp) that offers binary predictions on whether the price of tokens will go higher or lower. This business case highlights the unique value proposition, tokenomics, dApp mechanics, and revenue generation strategies of $HILO.
Value Proposition
No risk of liquidation: While perpetual futures trading is highly risky in volatile markets, Hilo eliminates the risk of liquidation by focusing on binary options. Users bet on the directional momentum of a token without worrying about inter-timeframe volatility. The pool results only consider the last price at the moment of pool closure.
Bi-directional access to tokens with no perpetual futures listing: Hilo allows users to bet on token prices going down, giving them flexibility in the altcoin market with low market caps on Ethereum. This feature is particularly beneficial for Ethereum-based ERC-20 tokens that are not listed on exchanges due to volume criteria.
Hedge against volatile markets: Hilo allows users to hedge against market loss by betting on binary options in the opposite direction of their existing positions. This provides a safeguard against market volatility.
Tokenomics
Ticker: $HILO
Native network: Ethereum
Max Supply: 100,000,000 tokens (3% burned)
No tokens airdropped or allocated to the team
6% tax on buys and sells: 2% goes to liquidity pool, 10% goes towards project expenses (development, maintenance, testing, marketing, etc.)
The Binary Prediction dApp
The Hilo dApp provides users with an intuitive dashboard that allows them to access live-updated information such as win rate, total bets/predictions, profit and loss data, favorite pairs, and history of bets/predictions placed. Users can also track and follow other users using the leaderboard feature and utilize Shadow Betting to mimic the success of top performers.
The dApp offers a wide range of pools to bet on, with various time frames and categories of tokens. Additionally, it provides options to bet on specific outcomes other than the traditional "high" and "low" options.
Pools/Price Settlement
The settlement process for pools and prices involves gathering relevant data from a reliable source, calculating the final settled price based on the collected data, and triggering the pool closure and settlement on-chain. Efforts are underway to implement direct oracles or on-chain prices to streamline the process further.
Pool Mechanisms
Every pool includes token details, locked price, settled price, timer, and other relevant information. In the case of a draw where the price doesn't change between the locked and settlement periods, the pool funds go to the treasury for various purposes, including revenue sharing, staking, burning, LP, and marketing.
dApp Fees and Revenue
The dApp charges a 5% fee from each pool, which goes towards the treasury for future rewards and project expenses. The 5% platform tax is divided into 10% burned, 40% allocated for revenue sharing/staking rewards, and 50% used for marketing, team remuneration, and project upkeep.
Compatibility
The Hilo dApp is compatible with a wide range of devices, including mobiles, tablets, and desktop computers, and supports wallets such as Metamask, Trust Wallet, Coinbase Wallet, and WalletConnect. It works on various browsers, with Metamask browser and Trust Wallet's built-in browsers recommended for the best user experience.
Real-Life Predictions and Events
Hilo is introducing a new category that allows users to predict and profit from real-life events across various domains. These events are gathered from reliable sources and will have genuine odds aligned with the real-world sentiment. Hilo guarantees that all questions and pools will be based on official and documented answers/results.
Conclusion
Hilo's binary prediction dApp offers a unique value proposition with its focus on binary options, bi-directional access to tokens, and hedge against volatile markets. The tokenomics, pool mechanisms, and revenue generation strategies showcase a sustainable and deflationary model. With compatibility across devices, wallets, and browsers, Hilo aims to provide an enjoyable and seamless user experience. The introduction of real-life predictions and events brings further excitement and opportunities for users.
https://t.co/mNLOxydyMq
Presented by:
https://t.co/6hPLhreiS1
@saylor • Holding $PEAR grants you unlimited passive earning potential, the more you hold and the longer you hold, the higher you rank and the more you can earn
Beta is live
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@Flokicryptoguy @BullMarketInfo For those who have been hearing and seeing Hilo shill text/template on Twitter go through the medium to know how it works👉👇 https://t.co/5Cio716IFf
It's an advance binary prediction system were we can place a bet base on the action on any trending coin Dapp is live
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TAKE YOUR CHANCE TO JOIN US!!!
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📣 #HILO update: Open Pools
There are 10 new pools now open on https://t.co/XExMJlGAsF
$FINE, $шайлушай, $PEPE, $PNDC, $BANANA, $HOLA, $PEPE, $BITCOIN, $DEXT, $MOG
Volume, volatility - these pools have everything you need to maximise your prediction experience!
Get involved today on the Binary Prediction Platform!
@thisisfinerc@smurfcateth@pepecoineth@Pond0x@bananagun@MogCoinEth
$HILO #HiloToken #BinaryPrediction