08 Jul AMA with TokenFi – Hosted by Bitfinex & BitfreedomGus
Bitfinex and TokenFi lately hosted an insightful AMA session with Laymanscrypto, Social Media Coordinator at TokenFi. On this dialog, we explored the mission behind TokenFi, its position in simplifying the tokenisation course of, and the way the undertaking is pioneering improvements throughout RWA, staking, and no-code token creation. Laymanscrypto shared key updates on the ecosystem, upcoming AI instruments, and the broader imaginative and prescient of democratising blockchain for each people and establishments.
Introduction
Bitfinex:
Good day everybody and welcome to a different unique Bitfinex AMA! I’m BitfreedomGus and at this time I’ve the pleasure of welcoming Laymanscrypto, Social Media Coordinator at TokenFi.
TokenFi is revolutionising the tokenisation sector with its all-in-one platform that permits anybody to create tokens and tokenise real-world property with none programming information. We’re very excited to discover how this undertaking is main the $16 trillion revolution in asset tokenisation.
Laymanscrypto, thanks very a lot for being right here with us at this time!
Laymanscrypto:
Hello everybody!
Glad to be right here and reply all your questions. Let’s get began!
Private Journey & Challenge Origins
Bitfinex:
To begin on a extra private be aware, might you inform us a bit about your skilled background and the way you bought concerned with the TokenFi undertaking?
Laymanscrypto:
Positive! I come from a Web2 engineering background, and during the last 5–6 years I developed a robust curiosity in crypto and Web3 applied sciences.
I joined the Floki ecosystem as a result of I believed in its distinctive mixture of utility, branding, and community-first rules. Because the ecosystem developed, the Floki group launched TokenFi to faucet into the large alternative in tokenisation.
I began working as a Social Media Coordinator to assist talk TokenFi’s imaginative and prescient to a broader viewers. Completely satisfied to be right here and reply questions from the Bitfinex group!
Bitfinex:
TokenFi and Floki share the identical group. May you inform us in regards to the connection between these two initiatives and the way the expertise with Floki contributed to the creation of TokenFi?
Laymanscrypto:
Floki and TokenFi are sister initiatives. They share infrastructure and group, however every has its personal particular focus.
Floki proved {that a} memecoin might evolve right into a full ecosystem with actual merchandise, international model recognition, and long-term resilience. That have gave the group a blueprint for constructing TokenFi.
With Floki, the group learnt the way to scale throughout a number of verticals — from gaming and DeFi to training and advertising and marketing.
TokenFi builds on that basis, however with a transparent mission: to democratise token creation and lead the RWA tokenisation trade. The teachings from Floki’s development straight influenced how TokenFi was structured, constructed, and positioned available in the market.
Actual-World Functions & Roadmap
Bitfinex:
TokenFi positions itself on the forefront of the $16 trillion tokenisation trade. What real-world use instances have already been deployed by way of the platform, and what’s subsequent on the roadmap?
Laymanscrypto:
The largest milestone up to now is the launch of TokenFi RWA on 23 Could this yr. This platform permits anybody to tokenise real-world property with full regulatory compliance. It’s constructed on the ERC-3643 customary and powered by our partnership with Tokeny, a number one infrastructure supplier backed by TradFi giants like BNP Paribas and Apex…
TokenFi RWA makes it potential to unlock liquidity, fractionalise possession, and provides international entry to historically illiquid property.
Trying forward, the roadmap consists of the launch of AI-powered instruments like a sensible contract auditor and a generative NFT creator, all geared toward making tokenisation much more accessible and scalable.
Challenge Vetting & Group Worth
Bitfinex:
The TokenFi Launchpad has onboarded spectacular initiatives like Simon’s Cat and YakDAO. How does TokenFi vet initiatives and guarantee long-term worth for $TOKEN holders?
Laymanscrypto:
That’s an essential query that will get requested loads… The TokenFi Launchpad is a decentralised platform, which means anybody can launch a undertaking by way of it with no need prior approval. This open mannequin is by design, permitting TokenFi to decrease limitations and assist decentralisation by giving each founder an opportunity to boost capital…
Nevertheless, in the case of high-profile or Floki-backed launches (e.g. the official Simon’s Cat IP), these undergo an inside vetting course of by the Floki core group. We assess fundamentals, branding potential, tokenomics, and long-term imaginative and prescient. These curated launches typically obtain extra ecosystem assist, which can embody advertising and marketing and change listings.
The subsequent high-end undertaking on the checklist to launch on TokenFi Launchpad is Rice Robotics.
For $TOKEN holders, these curated launches create important worth. They often generate sturdy demand, include airdrops or allocations for stakers, and contribute to protocol income.
Briefly, whereas the platform is open to everybody, probably the most strategic alternatives are fastidiously chosen and designed to learn the TokenFi group.
Hope that clears issues up!
TokenFi Join
Bitfinex:
TokenFi Join guarantees to hyperlink token creators with exchanges, market makers, and VCs. Are you able to give us a sneak peek into what that have will appear to be for a brand new undertaking proprietor?
Laymanscrypto:
TokenFi Join is designed to present new token creators entry to the assets they should succeed.
When a undertaking launches, TokenFi Join acts like a non-public community, matching them with potential companions together with centralised exchanges, liquidity suppliers, influencers, and funding sources.
It’s an end-to-end assist system that helps take away the cold-start downside… As an alternative of launching right into a void, initiatives are instantly plugged right into a supportive ecosystem. For first-time founders and types coming into Web3, this type of infrastructure could make the distinction between failure and success.
Supercharger & Staking Loyalty
Bitfinex:
With the TokenFi Supercharger programme providing presale entry, staking rewards, and airdrops, how do you see this mannequin evolving to drive sustained staking and platform loyalty?
Laymanscrypto:
The Supercharger programme creates a robust incentive loop for $TOKEN holders. By staking their tokens, customers get entry to unique presales, greater reward tiers, and airdrops from high-profile launches.
As extra high quality initiatives use the TokenFi Launchpad and RWA platform, the advantages of staking turn out to be extra enticing. TokenFi can be exploring new Supercharger options, like tiered entry based mostly on how lengthy you stake or how a lot you’ve contributed to the ecosystem. This builds loyalty and helps create a long-term holder base, which is essential for any ecosystem’s sustainability.
Imaginative and prescient & Ecosystem Match
Bitfinex:
TokenFi has launched a number of merchandise in a short while: Launcher, Launchpad, QuickLaunch Bot, and now plans for AI instruments and RWA tokenisation. What’s the long-term imaginative and prescient for TokenFi — and the way do all these items match collectively?
Laymanscrypto:
The long-term imaginative and prescient is to be the default platform for tokenisation. Every product addresses a special step within the token lifecycle.
- The Launcher and QuickLaunch Bot allow you to create tokens immediately.
- The Launchpad offers you funding and publicity.
- TokenFi Join helps you scale.
- And the TokenFi RWA module helps you to tokenise actual property legally and securely.
So, principally, TokenFi is constructing a full-stack resolution that covers creation, distribution, compliance, and development. Every part is designed to work collectively.
Token Utility & Tokenomics
Bitfinex:
Talking about tokenomics, how is the $TOKEN used inside the TokenFi ecosystem?
Laymanscrypto:
$TOKEN is the core utility token of the complete ecosystem. It’s used to pay for providers, entry presales, and earn staking rewards.
Most significantly, each time somebody makes use of a TokenFi product, a portion of the charges is used to purchase and burn $TOKEN from the open market. This deflationary mechanism creates constant purchase stress because the platform grows. Over time, as extra merchandise launch and extra customers onboard, the demand for $TOKEN will increase whereas the availability decreases. That’s a robust setup for long-term worth.
Let me provide you with a fast overview of the tokenomics for $TOKEN:
Whole provide = 10,000,000,000 $TOKEN
Preliminary circulating provide = 1,000,000,000 $TOKEN
Preliminary $TOKEN distribution:
- 54% of the availability is allotted to Floki staking swimming pools – to be earned over 4 years
- 2% allotted to Floki NFT holders and Diamond Fingers holders
- 10% allotted to the preliminary liquidity pool on the ETH and BNB chains
- 20% allotted to the Floki treasury for improvement and operations
- 2% allotted as group incentives and vested for 4 years
- 5% allotted to the TokenFi Consumer Incentives System to spice up TokenFi adoption – to be earned over 4 years
- 7% allotted to the TokenFi staking programme – to be earned over 4 years
Actual-World Property & Compliance
Bitfinex:
The tokenisation of real-world property (RWA) is a crucial differentiator for TokenFi. How do you guarantee regulatory compliance on this course of and what forms of property can already be tokenised on the platform?
Laymanscrypto:
Regulatory compliance is without doubt one of the most essential points of RWA tokenisation. That’s why TokenFi partnered with Tokeny to launch the RWA platform utilizing the ERC-3643 customary. This customary consists of on-chain identification administration, investor whitelisting, and rule-based transfers.
The system ensures that solely eligible, KYC-verified traders can entry sure property, relying on their jurisdiction and accreditation standing. It brings the type of compliance you’d count on in conventional finance into the Web3 world.
Bitfinex Itemizing & Strategic Partnership
Bitfinex:
Being listed on Bitfinex represents an essential milestone for any undertaking. How does this strategic partnership contribute to TokenFi’s aims and what alternatives does it convey to the group?
Laymanscrypto:
Agreed, that’s an fascinating one as a result of Bitfinex is without doubt one of the most respected exchanges within the crypto area, and being listed there provides important credibility to TokenFi. It will increase entry to a broader, extra institutional investor base, and supplies deeper liquidity for $TOKEN.
So for the group… this implies higher worth discovery, simpler onboarding, and extra visibility. For the ecosystem, it’s a sign that TokenFi is constructing one thing that’s not simply related for retail customers, but in addition for severe traders and establishments which might be the way forward for asset tokenisation.
Viewers Questions
Bitfinex:
TokenFi goals to simplify token creation and tokenisation for people and companies. How does your platform guarantee compliance and safety, particularly as tokenisation begins to draw extra regulatory scrutiny worldwide? (from OracleKayFe)
Laymanscrypto:
Compliance and safety are on the coronary heart of TokenFi’s structure, much more so now that TokenFi RWA is stay.
As talked about earlier, for real-world asset tokenisation, we’ve partnered with Tokeny, one of the vital revered tokenisation infrastructure suppliers within the trade. TokenFi RWA was constructed on the ERC-3643 customary, which was particularly designed for compliant, regulated token issuance. This consists of on-chain identification verification, rule-based transferability, investor whitelisting, and extra…
So as to add to that, all TokenFi’s good contracts are rigorously examined and audited earlier than deployment.
Bitfinex:
What advantages do holders get from holding their tokens for a very long time? (from Ulk)
Laymanscrypto:
Lengthy-term holders of $TOKEN are rewarded in a number of methods, each straight and thru the mechanics of the TokenFi ecosystem.
- $TOKEN staking is a core element of the platform. Stakers acquire entry to unique presales, greater Supercharger rewards, and eligibility for high-profile airdrops (e.g. the Rice Robotics presale talked about earlier). The longer somebody stakes, the extra advantages they unlock.
- $TOKEN is deflationary by design. Each time somebody makes use of a TokenFi product, a portion is used to purchase and burn $TOKEN. This reduces provide over time, which advantages holders.
- As extra merchandise launch and extra individuals be a part of the ecosystem, advantages for early holders and stakers enhance.
Principally, holding $TOKEN is like proudly owning a bit of the infrastructure that’s powering the subsequent technology of tokenisation.
Particular Thanks & Closing
Bitfinex:
Laymanscrypto, thanks very a lot for sharing such precious insights about TokenFi and the way forward for tokenisation. It was really enlightening to know how you’re simplifying entry to blockchain know-how and revolutionising the asset tokenisation market.
Laymanscrypto:
You might be most welcome. Thanks for having me!
Bitfinex:
To our viewers, thanks for following this AMA. You may be taught extra about TokenFi by following their official channels:
That concludes the AMA Session
