Cryptocurrency News from TOGG Project
Cryptocurrency news came from Turkey's domestic automobile TOGG project. Toggen coin will be launched soon.
Turkey's domestic automobile project
TOGG, which set out with the goal of mass production in 2023, will bring many innovations with it. Speaking at the promotion of the facilities in Bursa's Gemlik district, Gürcan Karakaş announced that they will issue cryptocurrencies.
Informing that they will benefit from blockchain technologies for the safety of cars, Karakaş added that the vehicles will also become digital wallets. The management token on the blockchain will be Toggen.
ETH on the Ethereum network, TRX on the Tron network, BNB on the Binance network was actually developed as a management token and then released. Compared to the value it offers today, these currencies have increased hundreds of times and have reached a market value of tens of billions of dollars.
In fact, management tokens are used to decide on changes in the network, to vote on changes, but what kind of functions Toggen will perform is not yet known. It will probably provide significant investments in the
TOGG project with a pre-sale process. Afterwards, it will not be surprising to see it in domestic exchanges such as BTCTurk and Paribu.