A $10 million investment in TokenFi’s native currency, TOKEN will be made by DWF Labs to promote the tokenization industry, which is expected to generate $16 trillion in revenue by 2030.
With only a few clicks and a straightforward WYSIWYG interface, TokenFi is an all-in-one tokenization platform that lets you create tokens and tokenize Real World Assets (RWA) without writing a single line of code.
TokenFi, a sibling project of Floki that was introduced last year, and offers a platform that makes it easier for users to launch or tokenize assets.
DWF LABS TO PURCHASE $10,000,000 IN TOKENFI TOKENS
DWF Labs will purchase $10,000,000 in $TOKEN as part of their commitment towards supporting #TokenFi’s vision of becoming a dominant player in the tokenization industry, which is projected to be worth $16 trillion by 2030.
FULL… pic.twitter.com/fo7co1uW4e
— TokenFi (@tokenfi) March 5, 2024
Over a two-year period, DWF Labs will buy the tokens straight from the platform’s reserves with the goal of providing TokenFi with the funding it needs to create even more revolutionary and industry-leading solutions.
TokenFi is a cutting-edge asset tokenization and cryptocurrency platform that makes it simple for customers to start or tokenize assets.
“TokenFi Token Launcher simplifies the process of creating crypto tokens and smart contracts on EVM chains by making it easy for retail users and people without developer experience to launch different types of audited ERC-20/ERC-721/ERC-1155 tokens on top EVM blockchains with just a few clicks – in as quickly as 1 – 2 minutes and without touching a line of code.”
TokenFi is dedicated to transforming the trillion-dollar tokenization market by providing an intuitive user experience that doesn’t require any prior knowledge of coding.
The money will go towards TokenFi’s AI-driven NFT creation tool and AI-based Smart Contract Auditor, two of its AI-integrated projects. The two-year deal, which will come from the TokenFi treasury, will put TokenFi in a stronger position to move quickly and assert itself in a market that is becoming more and more competitive.
In 2023, TokenFi first made public their relationship with DWF Labs, revealing that they would serve as our primary market maker. In addition to strengthening collaboration with DWF Labs, this significant acquisition of TokenFi tokens will strategically position TokenFi for dominance in the fiercely competitive tokenization market.
Additionally, it will guarantee that TokenFi has sufficient resources to create competitive and innovative products, including those that use artificial intelligence (AI). These products will give TokenFi an advantage as the wave of tokenization and AI gains traction leading up to the most significant bull run in cryptocurrency history, including the TokenFi Generative AI for NFTs and the TokenFi AI Smart Contract Auditor.
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.
