Place/Date: - December 7th, 2021 at 7:13 pm UTC · 4 min read
Last Saturday, December 4th 2021, TokoVerse, the ecosystem powered by Toko Token (TKO), hosted its latest TKO Summit, where a 360° overview of the crypto landscape by covering the trending topics which are currently the talk of the crypto town including DeFi, GameFi and NFT was peeled by the brightest minds in the crypto landscape of the region.
Over the course of 4 hours, The Kripto Odyssey (T.K.O) Summit covered the technological foundation of blockchain, which has long been touted as the technology which will drive humanity towards Industrial Revolution 4.0. The event was opened by Pang Xue Kai, CEO of Tokocrypto,
“We want to focus our ecosystem building activities on inclusivity and innovation, ultimately bolstering the economy with the support of web 3.0.”
Sitting together virtually, Chia Hock Lai who is the Chairman of the ASEAN Blockchain Consortium, Juan Otero who is the Co-Founder and CEO of the world’s leading blockchain-based travel platform Travala.com, Teguh Kurniawan Harmanda who is the COO of Tokocrypto, moderated by Ken Nizam of Asia Token Fund, peeled all the important layers of what makes Blockchain unique from other technologies, its commercial applications and use cases, and how it has proven through its pivotal role in overcoming the Covid-19 pandemic.
In relation to the Covid19 pandemic, Teguh Kurniawan Harmanda, COO of Tokocrypto spoke from his observation,
“Blockchain can be implemented for various needs, such as storing patient medical history data, transferring data securely, managing the supply chains of medical equipment and drugs, and assisting researchers in the processing of genetic codes. These things are essential to quickly anticipate and deal with the adverse effects of the pandemic.”
The 2nd panel, Moderated by Michael Waitze, from Asia Tech Podcast, brought together Weso who is a developer of leading DeFi platform Beefy Finance, Irene Umar who is the co-founder of GameFi revolutionizer Yield Guild Games Southeast Asia (YGGSEA), Oscar Franklin Tan who is the Chief Financial Officer (CFO) of NFT game changer Enjin, and Darius Sit, Co-Founder of QCP Capital, to discuss the growing landscape of DeFi, GameFi, Asset Tokenization and how eventually how all roads would lead to the NFT Metaverse.
With the recent trend of the provision of decentralized insurance services for DeFi investments even though questions in regards to DeFi’s transparency still persist, Michael Waitze expressed early in his moderation,
“There is no real financial inclusion without financial literacy.”
The panel discussed how DeFi is becoming a strong contender for a long term personal wealth building, which leads the audience to utilization of the NFT world beyond swapping for an option of revenue stream.
With the rise of GameFi and other technological developments, we are creating more time for ourselves as more and more things are getting automated. On top of that, what was previously seen as a hobby, will eventually shift into jobs, “gaming will be a job, it IS a job, where you will gain earnings.“ Irene Umar of YGG SE Asia stated.
With diverse developments happening in the Blockchain sphere every single day, the aim at the end of the day is to ensure that this technology benefits humanity and our surroundings. Pang Xue Kai said, closing the event with an announcement of TKO’s latest whitepaper launch,
“The point of our ecosystem building is effectively making use of the innate potential of blockchain to fulfil the fundamental purpose of all technologies which is to improve quality of lives by making complex life-enriching functionalities becoming simple to use.”
Watch the full replay here.
Launched through Binance Launchpad to a record-breaking reception on 7 April 2021, Toko Token (TKO) is the native utility token of Tokocrypto which is Indonesia’s most trusted crypto assets digital exchange and also the first entity in Indonesia to be registered under the country’s Trade and Futures Exchange Ministry (BAPPEBTI).
TKO is the first local Indonesian crypto project to operate based on a unique hybrid token model which combines both CeFi and DeFi utilities. In the span of just over half a year since its launch, TKO has become the backbone of Tokoscape, a complete crypto ecosystem that spans an exchange (Tokocrypto), an offline community hub (T-Hub) and a NFT marketplace (TokoMall) with much more to come.