Tokel Price (TKL)

What Is Tokel(TKL)?

The Tokel platform will be launched as a Komodo smartchain, a fully independent blockchain, and will utilize Komodo platform's Antara Modules (formally CryptoConditions). This architecture will provide token projects with an opensourced, ready-to-go environment to develop, create, manage, and use their own tokens, however they see fit. Unlike ETH and other token platforms, there will be no gas fees involved. On-chain token creation and transactions will remain accessible for anybody with at least 1 satoshi of the TKL coin. Tokel will continue to drive Komodo’s vision of creating open and decentralized applications that work in a trust-less manner while maintaining the spirit of collaboration and cooperation by using and building upon their existing technologies. Tokel will give back to the wider ecosystem by providing an easy-to-use token integration platform, give development time towards upgrading Komodo Antara Modules and by providing advice to projects/organisations who seek to use blockchain solutions.

What Are the Main Features of Tokel(TKL)?

Tokel will provide the Komodo ecosystem with a dedicated token platform. Tokel will build a solid foundation, using existing Komodo Technologies, for token projects to launch and succeed from. This will be done through the creation of end-to-end token solutions for fixed supply and non-fungible tokens (NFTs). This includes everything from the blockchain architecture, the information, assistance, and open-sourced applications for projects and businesses looking to capitalize on token economics or token applications. Projects will be able to use streamlined token creation processes, have token explorer and wallet integrations, immediately trade on the decentralized exchange and utilize the NFT marketplace. In simple terms, what Tokel aims to offer:

• The blockchain that facilitates tokens.
• An open-sourced all-in-one GUI application. 
• A tokenDEX for all tokens on Tokel.
• An NFT marketplace for NFTs on Tokel.
• A free-to-use token test blockchain.
• Easy to use integrations 
• Easy to use token creation, usage and management tools.
• Immediate token explorer integration.
• Immediate token wallet integration.
• Open source Discord bot integration.

What Is Tokel(TKL) Coin?

Tokel will be launched as a standalone blockchain using Komodo's smartchain technology. Tokel will be completely separate from the Komodo chain, and will utilize its own blockchain algorithm (Proof-of-work) and associated hashrate. Tokel will utilize Komodo's security services, delayed-Proof-of-Work, in order to protect the chain from 51% attacks. As Tokel is a UTXO based smartchain, it does not host smart contract capability through transactions. Rather, Tokel inherits Komodo smart-UTXO features; Antara Modules. These Antara Modules will be used to create the token platform, give projects leading edge existing technologies to utilize, and allow projects to create their own application specific Antara Module and have it added to the Tokel chain. Tokel (TKL) is a utility coin and will therefore generate coin value through platform usage, transaction fees, token creation, and most importantly, the tokenDEX and NFT marketplace. Tokel is the central currency used for all token creation and transactions, while being the only coin paired against tokens on the tokenDEX. The greater the number of tokens/NFTs being used on the Tokel platform, the less TKL there is in existence; for every 1 token created, there is 1 satoshi less TKL, giving a theoretical maximum of roughly 2,001,700,700,000,000,000 tokens on the platform. The more tokens created, the less TKL in circulation overall, effectively creating deflation of the coin. These are the underpinning characteristics that give value to the TKL coin.

Coin Emission Schedule

• Initial supply: 100 million
• Total supply: 200.17 million 
• Starting block reward: 42.5 Block reward reduction time period: Every 525600 blocks (roughly every year) Reduction amount: 23%

Where Can I Buy Tokel(TKL)?

Investing in Tokel(TKL)  can seem complicated, but it is much easier when you buy Tokel(TKL) through a cryptocurrency exchange. Signing up for a cryptocurrency exchange will allow you to buy, sell, and hold Tokel(TKL) — both for fiat money and other cryptocurrencies. Some of the most popular Tokel(TKL) cryptocurrency exchanges are:

• Dex-Trade

Tokel (TKL) Community

• Twitter: https://twitter.com/TokelPlatform
• Reddit: https://www.reddit.com/r/tokel/
• Medium: https://medium.com/@tokel-platform/
• Telegram: https://t.me/TokelPlatformchat