Cryptocurrency Floki Inu (FLOKI) saw its price jump over 22% this past week due to growing hype surrounding the upcoming launch of its new TokenFi platform.
TokenFi aims to be a one-stop shop for creating and launching tokens tied to real-world assets (RWA), allowing anyone to tokenize assets without needing to code.
Keypoints
- Floki is launching a new tokenization platform called TokenFi that lets users launch cryptocurrencies and tokens tied to real-world assets.
- TokenFi aims to capture part of the projected $16 trillion tokenization industry by 2030.
- The protocol launches on 5 leading blockchain networks initially but will expand.
- Incentives will be offered to users to encourage platform usage and create a network effect.
- Initial trading for the TokenFi token (TOKEN) starts on Oct 27 on Ethereum and BNB Chain.
he tokenization industry is projected to reach $16 trillion by 2030, and TokenFi wants to capture a piece…