Toon Finance continues to rule the crypto market after its much-awaited presale went live. Predicted to become the next big crypto, TFT is selling like hotcakes, with retail and institutional investors stocking up on the token.
Is there more to TFT than the crypto fad? We think so. Find out why and how you can buy TFT at its cheapest during the ongoing presale.
What is Toon Finance?
Toon Finance is an emerging Web3 ecosystem that simplifies decentralized finance by hosting a one-stop shop for trading, exchanging, and bridging cryptocurrencies. The project, launched by an accomplished team of market leaders and blockchain developers, aims to fix the externality that surrounds the P2E gaming demand by featuring a P2E metaverse backed by SHA256 encryption.
The platform allows you to exchange your favorite ERC20 Ethereum tokens without compromising on safety and security. Since you don’t have to go through the hassles of registration, it allows you to connect and disconnect your wallet any time you wish. It brings real-time aggregated data using fast servers. The ecosystem also includes Space Farming, Space Grounds, Space Bridge, Space Lotto, and Payload Pools — all dedicated to bringing decentralized finance to the masses.
A Closer Look at the Toon Finance Ecosystem
Here is a closer look at the Toon Finance ecosystem and why the crypto community is raving about it:
1. Space Exchange
The flagship product from Toon Finance is Space Exchange, which is unlike any decentralized or centralized exchange we’ve seen in the market to date. The platform simplifies crypto trading for both crypto and non-crypto users with a modest learning curve. It is expected to go live soon.
The platform’s goal is to bring more users to decentralized finance, and cryptocurrencies in general, by lowering the technical barrier to the industry. Traders who face problems while using the services will receive technical assistance, which offers a great competitive edge to the platform.
2. Space Farming
The next feature that has got investors all psyched up is Space Farming. As the name implies, it is a yield farming platform where users can stake their cryptocurrencies to receive rewards. You can become a ‘farmer’ on Toon Finance by staking your crypto in a Space Pool. When you lend your crypto assets to the pool, it is used to mint new coins.
Depending on the size of your contribution and the duration of staking, you will receive exciting rewards in exchange. The more you stake, the more the rewards. Make sure you understand the risks involved in yield farming before adding your funds to the pools.
3. Space Grounds
Space Grounds is a Toony game where you play against a random fellow gamer to win exciting rewards. According to the whitepaper, the game developers are working on “new and 100% secure algorithms which will bring you from the war-zone into the Space battleground metaverse where you can have it your way in checkers and coin battle”.
4. Space Bridge
Another key feature of Toon Finance is Space Bridge, a Web3 solution that enables communication and interoperability between two separate blockchain networks. The platform facilitates the exchange of value or data between the two connected blockchains with ease. It can be used to connect different protocols, assets, or dApps. Basically, it creates a trustless connection between two separate blockchains through smart contracts.
Toon Finance ICO: What You Need to Know
Toon Finance’s official ICO is now running on the official website. The ICO presale will be held in 9 stages, which will run consecutively. Early ICO participants will receive time-fractioned percentages once the ICO stages are completed. Soon after, the tokens will go live on the Ethereum Blockchain, and the presale tokens will be unlocked.
Here’s everything you need to know about the ICO to get started.
|Token Name||ToonFi Token|
|Total TFT Supply||1,000,000,000|
How to Buy TFT: A Step-by-Step Guide
Step 1: Create a crypto wallet
You need an Ethereum-based crypto wallet to participate in the TFT presale. If you already have one, skip to step 2. You can use a MetaMask wallet or any wallet that supports Wallet Connect) to purchase TFT. However, we recommend Metamask for its seamless user experience.
Note: Make sure you note down the ‘Seed Phrase’ somewhere safe and hidden, as you will need it to retrieve your assets in the event you lose access to your device.
Step 2: Buy Ethereum
TFT presale supports purchases in ETH coins. Make sure you have enough Ethereum in your wallet to cover the cost of the TFT tokens and the gas fees before proceeding with the purchase. You can use any credible DEX or CEX of your choice to make the purchase.
Step 3: Connect your wallet to Toon Finance
Go to the TFT presale page and sign in using your crypto wallet. Follow the on-screen instructions to complete the integration.
Step 4: Buy TFT
It’s time to buy TFT tokens. Go to the presale box and enter the amount of ETH you wish to invest in the token. You will now see the corresponding amount of TFT you will get. We recommend buying at least $100 worth of TFT at a time to save up on the gas fees and take advantage of the discounted price.
Now, click [Buy Toon Tokens] and follow the on-screen instructions to confirm the purchase.
Step 5: Claim TFT
Early investors can claim their tokens soon after the presale ends.
TFT Price Prediction
TFT has a visionary roadmap designed to leverage the full potential of decentralized finance. As Toon Finance rolls out its products and features, the demand for the token is expected to take off, boosting its value.
If rumors are to be believed, Toon Finance has already secured top-tier DEX and CEX partnerships, giving a 10X-15X push to the token from presale price on the first few listings. Moreover, the platform will burn 10% of the total supply before providing liquidity pairs to the native DEX and Uniswap.
By the first half of 2023, we expect TFT to climb 25X-30X in response to the newly launched features and products. Like all promising crypto projects, the token will likely witness a bull run as it grows its user base, roping in more partnerships and integrations. Given that the project sticks to its roadmap, we predict a 50X growth for the token toward the end of 2023.
— Toon.Finance (@ToonSwapFinance) October 25, 2022
Why Buy TFT?
- Presales offer the cheapest way into a project.
- Toon Finance is building a large, decentralized ecosystem with diverse use cases for TFT tokens.
- Utility-rich roadmap with scope for many external integrations.
- Strong online presence and global communities.
- Led by a multidisciplinary team of market leaders and blockchain developers.
In this article, we dove deep into Toon Finance and why investors are stocking up on TFT tokens. The first-of-its-kind project stands out in the crowded market with an ambitious vision and a utility-rich roadmap to revive decentralized finance. If Toon Finance unfolds as promised in the whitepaper, it has the potential to become one of the most successful cryptocurrencies of 2023. Buy them early to secure high returns in the coming months.