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TOKPIE Stock

TOKPIE

TKP

Price

0.13
Today +/-
+0
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TOKPIE Whitepaper

  • Simple

  • Expanded

  • Experte

Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität

TOKPIE FAQ

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What is TOKPIE? TOKPIE is a cryptocurrency designed to provide a wide range of financial solutions within the blockchain ecosystem. It aims to address various issues in the decentralized finance space by offering features such as trading, lending, and token development services. For additional information and to track the performance metrics of TOKPIE, refer to its dedicated page on Eulerpool.

TOKPIE is a cryptocurrency exchange platform that was established in 2018, with its operations based in Hong Kong. It differentiates itself by providing a variety of services tailored to diverse facets of the cryptocurrency market, notably through the innovative Bounty Stakes Trading. This particular feature enables users to trade bounty stakes, marking a distinct offering that differentiates TOKPIE within the competitive realm of cryptocurrency exchanges. At the heart of TOKPIE's system is the TKP utility token, which is integral to the platform's functionality. Holders of the TKP token can avail themselves of numerous advantages, including significant discounts on transaction fees, reaching as high as 500%. Moreover, TKP token holders gain from regular airdrops from newly listed projects on the platform, enhancing the benefits of owning TKP. A key feature of TOKPIE is its referral program, which offers a bonus of up to 70%, encouraging users to introduce new participants to the ecosystem. The platform also supports the depositing and trading of bounty stakes, providing users with a distinctive opportunity to earn and trade within the cryptocurrency arena. For individuals looking to leverage their cryptocurrency assets, TOKPIE provides Peer-to-Peer (P2P) loans, with TKP pledged as collateral. This function allows users to obtain loans with a Loan-to-Value (LTV) ratio of up to 90%, offering flexibility and liquidity to token holders without necessitating the liquidation of their assets. Additionally, TOKPIE presents opportunities for income generation through TKP lending, also referred to as staking. This process enables token holders to generate passive income by lending their TKP tokens, thereby augmenting the utility of the TKP token within the TOKPIE ecosystem. Moreover, the TOKPIE IEO Launchpad accepts TKP tokens, giving users access to initial exchange offerings (IEOs) and allowing participation in the early stages of project developments. In conclusion, TOKPIE is a comprehensive cryptocurrency exchange platform that offers a broad spectrum of services, from bounty stakes trading to P2P loans, all centered around its TKP utility token. These features collectively provide a robust platform for users to earn, trade, and invest in cryptocurrencies, while also benefiting from various incentives and opportunities for income generation.

How is TOKPIE secured?

TOKPIE employs a comprehensive strategy to ensure the security of its platform and users, integrating both technological and operational measures. The cornerstone of TOKPIE's security is its smart contract, which has undergone extensive audits to identify and resolve any potential vulnerabilities. These audits are a crucial step in ensuring the integrity and safety of smart contracts on the blockchain. The audited smart contract code is available on public repositories, promoting transparency and community review, which further bolsters trust in the platform's security measures. Beyond smart contract audits, TOKPIE implements several other security protocols to protect its platform and users' assets. SSL/TLS encryption is deployed to secure communications between the user's device and TOKPIE servers, ensuring that sensitive information such as passwords and transaction details is transmitted securely. This encryption helps safeguard against eavesdropping and man-in-the-middle attacks. DDOS (Distributed Denial of Service) protection mechanisms are established to defend against attacks intended to flood the platform with traffic, potentially rendering the service inaccessible to legitimate users. By countering these attacks, TOKPIE ensures that its platform remains accessible and operational. Password security practices are enforced to help users protect their accounts from unauthorized access. This includes advocating for strong, unique passwords and regular password updates. Additionally, two-factor authentication (2FA) provides an extra layer of security by requiring a second form of verification beyond just the password, significantly reducing the risk of account compromise. TOKPIE also carefully selects exchanges and storage solutions for their tokens, emphasizing security to prevent the loss or theft of assets. Secure storage options are provided, offering users peace of mind concerning the safety of their tokens. In its commitment to user security, TOKPIE encourages individuals to conduct their own research and exercise caution when investing in cryptocurrencies. The dynamic and evolving nature of the crypto space necessitates vigilance in security practices, both from platforms like TOKPIE and from users themselves.

How will TOKPIE be utilized?

TOKPIE functions as a versatile platform within the cryptocurrency ecosystem, catering to a diverse array of financial activities and services. Primarily, it operates as a cryptocurrency exchange, facilitating the buying, selling, and trading of various digital assets. This core functionality is enhanced by its unique offering of bounty stakes trading, which is a distinctive feature that sets it apart from other platforms. This service enables users to trade stakes earned from participating in bounty programs even before the tokens are distributed, providing liquidity and earning opportunities for bounty hunters. Furthermore, TOKPIE extends its utility through the TOKPIE (TKP) token, which plays a crucial role in the platform's economy. TKP holders benefit from a range of incentives and services designed to enhance their trading and investment experience. These benefits include significant discounts on trading fees, which can reach up to 500%, making transactions more cost-effective for active users. Additionally, TKP token holders are eligible for regular airdrops from newly listed projects on the platform, further enriching their investment portfolio. The platform also features a referral program, rewarding users with up to a 70% bonus for bringing new traders to the platform, thus fostering a growing and dynamic community. Another innovative use case of TKP is in the realm of peer-to-peer (P2P) loans, where it can be used as collateral. This feature offers a high loan-to-value (LTV) ratio of up to 90%, providing users with liquidity without the need to sell their holdings. Income opportunities through TKP lending or staking are another attractive feature, allowing token holders to earn passive income by lending their TKP tokens. Additionally, the TOKPIE IEO Launchpad accepts TKP, enabling users to participate in initial exchange offerings, potentially gaining early access to promising new tokens. In summary, TOKPIE is designed to be a comprehensive platform for the digital economy, offering a wide range of services from trading and investing to innovative financial solutions like bounty stakes trading and P2P loans. Its TKP token is central to accessing these services, providing numerous benefits and opportunities for income and growth within the cryptocurrency market. As always, individuals should conduct thorough research before engaging in any investment activities within the cryptocurrency space.

What significant events have occurred for TOKPIE?

TOKPIE has achieved several notable milestones since its inception, highlighting its growth and development within the cryptocurrency sector. One of the initial significant events was the deployment of their smart contract in June 2018. This foundational move was critical for establishing the platform's technical framework and ensuring transaction integrity and security on the platform. Following the deployment, the project underwent audits by reputable entities in the blockchain arena, such as KRogLA and EthereumWorks. These audits play a vital role in detecting vulnerabilities and ensuring that the smart contracts are secure and function as intended, which is crucial for gaining user trust and credibility within the blockchain community. Additionally, the establishment of a GitHub repository for the TOKPIE project marked a significant step towards transparency and community involvement. By making their codebase publicly accessible, TOKPIE invited developers and users to contribute, report issues, and suggest improvements, thereby fostering a collaborative environment. Beyond these foundational events, TOKPIE has actively pursued growth through various initiatives. These include upcoming exchange listings, which are critical for increasing liquidity and providing users with more channels to buy, sell, and trade TOKPIE tokens. Airdrop programs and community events have also played a crucial role in engaging the community and rewarding users, which is vital for building a loyal user base. The platform has further outlined plans for development and partnerships, aiming to expand its offerings and enhance its value proposition. As a platform claiming to be the first to offer bounty stakes trading services, TOKPIE has differentiated itself by providing unique services such as up to 500% discounts on fees for TOKPIE (TKP) token holders, regular airdrops from newly listed projects, and up to 70% referral bonuses. Additionally, the platform offers innovative financial services, including P2P loans with TKP pledged as collateral under 90% LTV and income from TKP lending (staking), further enhancing its utility and attractiveness to users. It is important for potential investors and users to conduct comprehensive research and stay informed about TOKPIE's developments and plans. This due diligence is crucial for making informed decisions about engaging with the platform and its token.

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This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.