TOKENISED COMMODITIES MARKETPLACE POWERED BY SMART CONTRACTS
Sell & Trade Agricultural Spot, Margins and Futures on the Blockchain
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DECENTRALISED ECONOMY
DECENTRALISED COMMODITIES MARKETPLACE
Soko’s Decentralised Commodities Marketplace enables the trade and exchange of commodities on the blockchain
Soko drives the world’s next generation commodities markets. Soko is a currency for the tokenised commodities exchange, Soko Mercantile Exchange built on the Binance Smart Chain blockchain to enable farmers, traders, and food processors to tokenise, buy and trade commodities sport, margins, and futures.
Advanced Tokenisation
Advanced tokenisation of commodities linking the whole finance sector.
Advanced Buyer And Seller Matching
Advanced buyer and seller matching, with transactions managed by smart contracts, no intermediaries.
Secure Asset Custodial
Secure asset custodial, real-time transaction settlement, fraud control and collateral monitoring.
Install Loan Disbursement
Install loan disbursement of commodity-based loans to farmers and traders backed by commodity tokens, managed by smart contract.
ABOUT SOKO's ICO
SOKO's DYNAMIC WEB3 AGRI MARKET ECOSYSTEM
Soko is powering a revolution and becoming a transformational solution for the Agricultural markets.
Soko brings real-life solutions to real-life problems and in so doing taps into an opportunity with huge potential for growth. The Soko Ecosystem is the solution to agricultural markets.
250 Million Small Scale Farmers
Targets to give over 250 million small scale farmers direct access to markets using blockchain tools.
Access To Finance
Farmers and traders access to finance through tokenisation and collateralisation of commodities to access credit.
Price Transparency
Easy price discovery, price transparency, democratising the markets.
Increased Liquidity
Increased liquidity in the agricultural sector
Advanced Integrated Storage
Reduce post-harvest loss through advanced storage system integrations.
SOKO's DIGITAL SOLUTION
SOKO's DIGITAL ECOSYSTEM
Soko Native Token
Soko, the native token for the next generation Agricultural Commodity Exchange on the blockchain. Soko is a transactional, utility, reward, and governance token.
Soko Minting & Tokenisation
Tokenisation and minting of commodities into tradable NFTs. Works as an API that integrates the Soko Ecosystem with storage facilities.
Soko Lending Protocol
Protocol to manage loans, integrating funders. Managed by smart contract, users can submit their commodity token as collateral and access loans instantly.
Soko Mercantile Exchange
The exchange where users trade and sell tokenised commodities as spot, margin and futures managed by smart contracts.
OUR INSPIRED JOURNEY
SOKO's PROJECT ROADMAP
ALLOCATION OF FUNDS
REVENUE STREAMS
Transaction Fees
Soko Mercantile Exchange charges 1.5% transaction fees for all transactions handled on the exchange. This means for every spot, margin or futures trade, the exchanges levy a transaction fee. All transactions are levied in Soko, the native coin of the exchange.
Loan processing and handling fees
The Soko Lending protocol charges a 1.5% administration fee on all loans administered by the protocol. This is deducted from the loan advanced before the amount is given to the borrower.
Gas fees
Gas fees from transactions on the Soko Market Chain blockchain.
Minting fees
The Soko Minting Protocol charges a minting and Tokenisation fee of 1.5% of the commodity value. These fees are deducted once the commodity token has been sold.
Logistics commissions
Soko logistic protocol levies a commission on every logistics arranged through the SokoTx, for the movement of commodities to the warehouse. Soko levies 3% of the total logistic value for the administration of the logistics to warehouse.
ALLOCATION OF FUNDS
TOKENOMICS
Soko Agriculture Fund 5%
Soko Global 10%
Soko Team & Advisors 20%
Technical Partners 2.5%
Investors 5%
Investor Protection Fund 10%
Marketing 5%
Community Rewards 2.5%
Public 30%
Ecosystem Development 10%
AUTHENTIC MINDS
OUR CORE TEAM
Most frequent questions and answers
Frequently asked questions
What is Soko Token
Soko Token is the Native Token for Soko Mercantile Exchange and the full Soko Ecosystem. It is an ERC 20 token built on the Binance blockchain.
What is Soko Token's maximum supply
Soko has a maximum supply of 2 billion coins. However, only 200 million Soko are released each year.
Will Soko Token be listed on exchanges in future?
Yes, Soko Token will be listed on various global exchanges to give holders an opportunity to realise their full value.
How does Soko Token maintain its value
Soko burns tokens every 6 months. 10% of profits generated by the Soko Mercantile Exchange are used to buy Soko. The bought tokens are then burnt. This brings liquidity, it reduces supply and in so doing rewards holders of Soko. It’s an indirect way to give coin holders 10% of profits generated by the Soko ecosystem. This brings value to Soko investors.
How many Smart Contracts does Soko have
Soko has 3 Main Smart Contracts, the main Token Contract, the Vesting Contract managing the supply of tokens and the Staking Contract, to reward holders of Soko ecosystem.
What is Soko’s Utility
Soko Token is a transactional token for the Soko Mercantile Exchange ecosystem. Soko token is used to purchase the tokenised commodities and is used to pay transactional fees as the Native Token. Soko Token will be used to pay Gas Fees in the upcoming Soko Market Chain, the blockchain for commodities trading. Soko Token are used to advance loans, for staking and logistics payments by farmers within the Soko Mercantile Exchange ecosystem.
How will our Soko Token grow in value
Soko Token’s value grows through the growth in volume of transaction on the Soko Mercantile Exchange. Because Soko Token is the Native Token, as more liquidity and transaction come through, as people are buying tokenised commodities, the demand and growth for Soko is realised. Soko grows through utility.
CONNECT & GROW WITH US
Soko is building an extraordinary and prosperous Agricultural Community and Ecosystem.
Find out more and access Soko’s official White Paper 2023. Please fill your details in below and let us know what you’re interested in.