How the Tokoin and Ralali partnership will be pivotal in propelling the Tokoin ecosystem

Tokoin became a household name after the IEO on Kucoin two weeks ago, the reason it's well talked about is due to its post IEO performance and Integrity that the project holds in general. The project is deeply committed to uplifting MSMEs and giving them all that they require to grow, especially when it comes to sourcing of finances to further grow the project.

Besides just IEO performance, another key reason why Tokoin has stood firm and tall is due to its numerous strategic partners that have played a very vital role in conserving as well as sustaining the project well deserved hype.

Tokoin's numerous partners
Partnership in blockchain is almost a do without, as this is required by many startups in order to strive on the upside of one another. Many unknown crypto projects have recently come to limelight owing to the glory of their partners, the Tokoin team is keying into this aspect of the craft as well, and as a result a number of key partnerships have been sealed by Tokoin over the past couple of weeks, prominent among these partnerships are those with Ralali, Tomochain and Bifrost. Let's take a look at the details of the partnership with Ralali, for the sake of this article.

Tokoin and Ralali

In order to deeply understand the scope of this partnership it will be nice to at least get to know what Ralali as a brand and company is all about. Ralali is an Indonesian based company and was first launched in 2013 with Raksasa Laju Lintang ltd. as the mother company. Among the services offered by Ralali are:

• An MRO unit ; i.e maintenance, repair and operations.

• HoReCa ; Hotel, restaurant and Cafe' unit and a host of other services.

Ralali gives merchants and dealers around the world the fair chance of purchasing items with an irresistible discount, safe and highly convenient method, offering a very high inventive, and attractive offer to merchants, retailers and consumers.

Ralali is known to be the biggest B2B company in Indonesia, and the company has been up and running since 2013. This partnership is aimed at giving Tokoin the desired access to the entire Ralali platform which currently serves as the link between over 3 million vendors and the ecosystem.

Ralali will play a vital role in onboarding users to the Tokoin platform, and most of these users will be MSME affiliates, thereby giving them the chance of creating digital form of verifiable online personality. This makes it easy for MSMEs to seek loans, and grow exponentially courtesy of the other projects equally associated with Tokoin.

This partnership serves to be very important to all parties involved, increasing MSMEs accessibility to funds will in turn cause more orders to be placed and more sales made eventually. It is also worthy of note that the Indonesian government is also in full support of this collaboration which makes it even more fascinating.

As time progresses more and more MSMEs will realise that the benefits of being on the Tokoin platform is endless, as this will link them up with a number of numerous other collaborators, bringing in more customers in the process.

The project will open up opportunities for both projects to be able to successfully expand on their respective markets and increase publicity for both. The next goal will be to educate members of the community who are not so learned about the importance of this partnership to their enterprises.

Conclusion
The numerous partnerships secured by Tokoin will lead to more growth and overall expansion for the Tokoin network, it won't come as a surprise if somersaults into the top 50 project on the coinmarketcap soon enough, given the level of steady and sure progress it has been making since it's launch.

USEFUL LINKS
Website: https://www.tokoin.io/

Twitter: https://twitter.com/TokoinOfficial

Facebook: https://www.facebook.com/TokoinOfficial

Author's Telegram ID: @Bulusu