TOKI Community Call #1

Slide Deck for TOKI Community Call #1 - April 3, 2024

Topic: Introduction to TOKI

This presentation covers the essence of TOKI, the rationale behind choosing IBC, TOKI's features, and forthcoming applications, including Japan's regulated stablecoin.

To learn more about TOKI, please visit the links below!
X: https://twitter.com/tokifinance
Discord: https://discord.gg/SJHm9s9AFq
Medium: https://medium.com/@tokifinance

Transcript

1. IBC-enabled Cross-chain Infra for the Global Billions April 3rd, 2024
2. • Daiki, Founder of TOKI • Extensive expertise in interoperability solutions,IBC ,to realize cross-chain payment use cases using CBDC, stablecoins, security tokens, NFT, etc. • Led the projects with Interchain Foundation, L1s, and major financial institutions such as MUFG • Ed, TOKI Partner for BizDev and Growth • Many years of experience in Crypto trading centralized and decentralized technology • Took part in the El Salvador BTC initiative powering the Government Wallet (CHIVO) Speakers
3. • Speakers • Vision • Team • What is TOKI? ◦ Why IBC ◦ TOKI Liquidity ◦ IBC’s Potential ◦ Application • Partnership • Progmat/Japan’s Stable Coin • Roadmap • Q&A • Next Session Table of Contents
4. TOKI’ｓvision Advancing an Open and Secure Finance Infrastructure for the Global Billions in the multi-chain era.
5. • Founded in March 2023 • Foundation of IBC-enabled cross-chain infra Details are following • Established in March 2018 • Contributed to IBC since 2020, and granted from ICF twice. • Partner with enterprises like Toyota, banks, JCB, etc. • Co-founded Progmat in October 2023 Team Tokyo Core Dev Dubai&Cayman Protocol Foundation
6. What’s TOKI? TOKI provides an IBC-enabled cross-chain infrastructure, consisting of 3 layers, and aims to issue tokens for both a messaging and liquidity layers. IBC-modules Relayer Multi-prover(Blog) TEE + MPC + ZK Any apps TOKI Liquidity IBC-modules Any apps TOKI Liquidity Messaging layer • 100% IBC-compliant, containing IBC-solidity, IBC-light clients, etc. • Efficient, scalable, and trust-minimized security model by a multi-prover. • Revenue source is messaging fee, and token issuance to be determined. Liquidity layer • Enables users to make any type of cross-chain transaction in a 1 click. • Supports blue-chip tokens as a bridge currency, USDC, USDT, ETH, Progmat, etc,. • Revenue source is swap fee, and TOKI token will be issued. 3rd party app layer • Any apps is enabled to integrate with either TOKI liquidity or ibc-modules directly. • Those integration will accelerate TOKI’s revenue. Networks supported are expanding to and more
7. Why IBC? The most polished general messaging standard for any • IBC defines standards only: connection, channel, verification, packet, relayer, etc, to cover any general cross-chain use-cases, and it’s second to none. No-vendor lock-in by design • Unlike others, IBC doesn't have a token or business model. The most proven track record from any angle • The greatest transaction, 2.9B/mo, with 0 exploit, the number of connected chains and developers, etc. IBC, a truly comprehensive, open, and the most proven messaging standard for all, is a future for the internet of blockchains. Blog: Why EVM Chains Pay Attention to IBC
8. TOKI liquidity IBC-modules IBC-modules TOKI liquidity TOKI liquidity Relayer Multi-provers USDC USDT ETH Progmat Any apps Any apps USDC USDT ETH Progmat A fundamental to enable any type of 1 click cross-chain transaction without wrapped tokens. Users will never be worried about difference of chains. Use-cases 1. Cross-chain native token swap • Once USDC will be deposited on BNB pool, equivalent token, USDT, on Ethereum will be sent over to a user wallet. • Or, USDT will be exchanged with any tokens via DEX 2. Cross-chain NFT purchase • Same flow with a swap will happen. • After that, a swap between NFT and USDT will be executed. 3. Cross-chain lending • Same flow with a swap will happen. • After that, the token on ETH will be deposited into a certain lending protocol.
9. IBC’s Potential When IBC meets deep cross-chain liquidity, it will become a critical infrastructure for the global billions.
10. Application TOKI provides TOKI app as the 1st party application to enable cross-chain native token swap. And, liquidity providers can earn share of fee and TOKI token. Swap Pool & Earn for liquidity providers
11. Partnership Our initiative draws an attention from bunch of notable projects, varying from L1s to apps. Development Use-case
12. Progmat/Japan’s stablecoin Exchanges Experienced Tech Corps Top 3 Banking Groups Drive tokenization strongly worldwide, with a commitment from leading Japanese companies. The ALL JAPAN initiative, launched in Oct 2023 TOKI Achieved Cross-chain Transfers of Japanese Stablecoin via IBC on Public Testnets between Ethereum and BNB Chain 1. The most reliable ・The first regulated stablecoin in the world ・100% collateralized ・designed to be bankruptcy-remote 2. Variety of backed assets ・USD, JPY, EUR, and more 3. Issuing with brands ・Similar to Paxos ・MUFG, Binance, and more The features of Japan’s Stablecoin Progmat will issue the most reliable stablecoin, and TOKI will exclusively support it for cross-chain flow. Blog: TOKI Achieved Cross-chain Transfers of Japanese Stablecoin via IBC on Public Testnets between Ethereum and BNB Chain
13. Roadmap The incentivised testnet will go live in May, and the mainnet is panned for Sep-Oct. The network expansion and the TOKI token issuance will follow. Roadmap • Detailed Testnet Announcement: Mid-May • Testnet for transfer only: End of May • Testnet, including pool: Aug • Mainnet: Sep-Oct • Integrations The estimated dates are subject to change. Until Q1 2025 • Network expansion up to 8 networks and TOKI token issuance • The governance will start. • Japan’s regulated stablecoin issuance and support • Collaboration with validators
14. AMA Session Please submit any questions in the Q&A box Questions from the Questionnaire • Where does the "TOKI" name come from? Is there a meaning to this? • When airdrop begin? / Airdrop? • How can we join as a validator for your network? / Any chance to join validator testnet?
15. Follow us on 　 ! @tokifinance Discord Social media & Community
16. SEE YOU NEXT TIME! Next Session: April 24th Next Theme: TOKI’s Cross-chain Technology