Tokenomics

The EFK token is a utility token that is financing our way to sustainability.

EFK's 4 basic functions


Market Support

Every company inside the Refork ecosystem is associated with the EFK tokens. Refork buys back EFK tokens from the secondary market to increase liquidity and make the secondary market more attractive.   

Affiliate

All business partners using our loyalty program can enjoy special offers such as customized branding, limited versions of our products or order prioritization.  

Payment

In the Refork e-shop, it is possible to pay with the EFK tokens. If you pay using our EFK tokens, you get a discounted price.

Community

All EFK token holders are part of the global Refork community. The community feature will include an Eco-Kickstarted feature in the future to help develop other sustainable projects.


EFK Roadmap

The EFK token was emitted in 2019. After a successful pre-sale, the EFK token reaches its second phase of development, adapting these features and catering to other global token exchanges.


1

✔ Community role

✔ Secondary products

✔ Market Support

✔ Listing: 1st wave

☐ Payment e-shop

2

☐ Listing: middle tier exchange

☐ Coin burning: 1st wave

 

3

☐ Coin burning: 2nd wave

☐ Ecological Kickstarter


EFK Roadmap

Now the EFK token is in the second phase of its development, adapting these features and catering to other global token exchanges.   


1

✔ Payment e-shop

✔ Community role

✔ Secondary products

✔ Market Support

✔ Listing: 1st wave

2

☐ Listing: middle tier exchange

☐ Coin burning: 1st wave

 

3

☐ Coin burning: 2nd wave

☐ Ecological Kickstarter


EFK Roadmap

Now the EFK token is in the second phase of its development, adapting these features and catering to other global token exchanges.   


1

✔ Payment e-shop

✔ Community role

✔ Secondary products

✔ Market Support

✔ Listing: 1st wave


2

☐ Listing: middle tier exchange

☐ Coin burning: 1st wave


3

☐ Coin burning: 2nd wave

☐ Ecological Kickstarter


Team EFK Token


CMO

o.vomela@refork.com

Board Member

a.vitol@refork.com

Director

m.kral@refork.com


Blog

The EFK token was emitted by Refork Industries OÜ.
A description of the intent for the EFK token can be found in the whitepaper.