Tokocrypto's Agility Through NFT Marketplace TokoMall and Expanding Integration in Pluang

Tokocrypto is getting aggressive in developing the crypto and blockchain asset ecosystem in Indonesia. Yesterday (19/8), the company launched TokoMall NFT (non-fungible token) marketplace platform to support the development of the NFT market in Indonesia, as well as expand the market reach of local creators to penetrate the global market.

Tokocrypto's Chief Strategy Officer, Chung Ying Lai explained, TokoMall presents the digital meets reality concept. Digital platforms and art in the form of NFT can be the answer to real-world problems. By switching to NFT and making it mainstream, local creators can market their work to a wider market.

They can also ensure the uniqueness or rarity of their work as an added value for collectors. In addition, creators can ensure the continuity of royalties from each NFT marketed. "This can be the answer to copyright and royalty issues that usually happen to creators when doing marketing in the real world," Ying said during a virtual press conference, yesterday (19/8).