Who we are
We hold the audacious belief that tokens are a better form of money... than actual money.
But tokens can't be easily exchanged without currency, you say. We use a smart contract protocol (snippets of code on a blockchain) to exponentially increase trading possibilities as more people participate. You can read about how we create a network effect by using atomic, multi-party transactions in the whitepaper below.
WhitepaperHow it Works
Troki uses a blockchain to record every transaction and token. Your account is assigned a wallet that is managed on your behalf.
If you leave troki, you still own your tokens which you can access through other wallets using your private key.
Tokens are digital representations of actual goods and services.
Only businesses who accept tokens for their products and services can create tokens on troki.
Accounts can be upgraded to business through a referring business, or an onboarding discussion with our team.
Businesses give tokens to influencers to generate buzz and exposure for their product or service. Influencers can be found through sites like Modash.io.
Influencers who receive tokens can set up a promotion page for their followers to collect tokens via a url, or trade them on the exchange.
Redeeming tokens is the act of cashing in tokens for promised goods or services.
When a token is redeemed, the business and recipient both receive email confirmations which the business is required to act on.
Technically saavy businesses can use our webhook service to automatically fulfill orders and integrate with existing systems.
Some businesses may require additional information, such as the name or address of the recipient. In this case, businesses can configure troki to provide the required information.
Tokens can be exchanged like Venmo, using the email address of the member.
For trading tokens at market value, we offer an exchange whereby users can create bids, which is an offer to exchange one set of tokens for another.
Our platform finds matching offered/wanted bids and executes multi-party, atomic transactions that increases the likelihood of getting what you want for what you have.
Troki is not like regular money. Tokens are created when and where they're needed and participants are rewarded based on what they get for their tokens rather than how many tokens they accumulate. Money is backed by debt and issued in limited supply. Troki is different.
Money should exist to facilitate exchange. Maybe it's time to reconsider how money works, and explore whether new forms of exchange could lead to a brighter future.
Troki for business
Your greatest asset may be the products and services that your business produces. Troki helps you leverage this capacity and use it in ways that you may not have considered.
Troki turns excess capacity into a financial asset that works for you. Use unsold inventory or services to generate sales, pay expenses, and reward employees.
Get your products and services into the hands of your customers. Businesses can tokenize "lost leader" products or target specific groups who are likely to become loyal customers. The local PTA is looking for donations.
A super-charged way to reach new customers may be through influencers who regularly reach out to their audiences through Youtube or instagram.
Troki is as an excellent complement to influencer databases such as Modash.io, Stack Influence and more. Tokenize your products and services and distribute them en masse to super charge your campaigns.
Build your marketing campaigns to target your exact customer through brand evangelists. Brand evangelists distribute value at your business through their audience. Tokens are easily exchanged with friends and acqaintenances expanding the reach of your campaign.
Brand evangelists include:
Trade what you have for what you want. Our trading platform allows you to create bids (smart contracts) which hold your tokens in escrow until desired tokens are exchanged and transferred to your wallet.
Troki indexes the offered and wanted tokens in bids and issues atomic, multi-party transactions to the blockchain when matching offered/wanted bids are found.
The assets on troki are owned by you. At any time, you make take your private key and interact with your assets on other applications using the blockchain.
Troki for influencers
Do your followers look to you to provide direction on tools and services in your industry? Become a thought leader in the space by providing access services and products and listening to your audience.
Troki turns excess capacity into a financial asset that works for you. Use unsold inventory or services to generate sales, pay expenses, and reward employees.
Use troki to hook your audience and keep them coming back for more.
Promotions are a specific URL which you set up where your followers can claim tokens provided by businesses. Post promotions frequently and your followers will tune in to make sure they claim their tokens before they're gone.
Let's face it. It's difficult for sponsors to know which influencers to engage with, especially when some folks fake user counts to exagerate their impact.
Troki can separate you from the rest of the pack and help you tell the story that matters to businesses. All tokens are transparently traded on the blockchain, so even if your follower gives their tokens to a friend, the business can track that the token came from you.
You are the influencer that businesses know they can trust for sponsorships and token drops.
Trade what you have for what you want. Our trading platform allows you to create bids (smart contracts) which hold your tokens in escrow until desired tokens are exchanged and transferred to your wallet.
Troki indexes the offered and wanted tokens in bids and issues atomic, multi-party transactions to the blockchain when matching offered/wanted bids are found.
The assets on troki are owned by you. At any time, you make take your private key and interact with your assets on other applications using the blockchain.
Are you a business that has questions? Schedule a meeting with us to understand how Troki works and how you can best use it for your business. You can also send your questions to steve@troki.io.
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