Tokel: A Platform for Creating and Trading Tokens & NFTs

Published on: 30.08.2021

Tokel is a platform designed to make it easy for anyone to create, hold and trade NFTs and tokens.

The Tokel platform has launched as a Komodo Smartchain an utterly independent blockchain that implemented the Antara Modules (formerly known as CryptoConditions) from the Komodo platform.

What is Tokel?

According to its dev team, the Tokel architecture will give token projects access to an open-source and ready-to-use ecosystem in which they can develop, create, manage, and use their own tokens in any way that fits their demands.

The gas fee is always a big concern, especially with ETH and other token platforms. But with Tokel, there will be no gas fees associated with this platform. In addition, TKL-coin holders have the ability to create tokens while conducting transactions on the blockchain.

Tokel is a decentralized token platform that is currently in development. Tokel will provide end-to-end token solutions for fixed supply and non-fungible tokens (NFTs) based on the Komodo Technologies platform as the underlying technology foundation.

In order to help open-source applications, projects, and businesses take advantage of token economics, Tokel will provide knowledge, information, and assistance to these organizations.

Tokel Chain

Tokel is built using Komodo’s smartchain technology and launched as a standalone blockchain. The Tokel network has its own blockchain and associated hashrate, integrating the Proof-of-Work algorithm.

Tokel Coin ($TKL)

Tokel coin (TKL) is the utility coin and its role is to generate token value through the usage of the tokenDEX and NFT marketplace.

What Tokel Offers

By leveraging existing Komodo Technologies, Tokel will lay a solid foundation on which token projects can be launched and thrive in the future. This will be accomplished by developing end-to-end token solutions for tokens with a fixed supply and non-fungibility (NFTs).

The main features of Tokel include:

⭐️ Coin Wallet

With the Coin Wallet, users are able to maintain complete control over their private keys and keep track of their coins.

⭐️ Token Explorer

The token explorer integration enables access to knowledge and essential information of each token on the Tokel blockchain.

⭐️ DEX

Built-in tokenDEX allows holders and traders to trade their favorite tokens on the blockchain.

⭐️ Token Wallet

An all-in-one token wallet that allows users to keep track of every token on the blockchain.

⭐️ NFT Marketplace

Tokel will build an one-of-a-kind NFT marketplace where participants have the ability to buy, sell, hold, own, and send cryptocurrency.

Token Creation Tool

For those who are enthusiastic in making personalized tokens. It’s now simpler than ever. Members can create a token in seconds with the help of the token creation tool. Everything should be tokenized.