[English Translation]Tokit is not just a crowdfunding platform but more than that

We have already launched, but there was an official blog article explaining how SingularDTV's Tokit differs from existing crowdfunding, so I’ll translate it into Japanese. As usual, Mr. Zach’s passionate, poetic style is included, so shall we read a bit?

Why Tokit is not just a crowdfunding platform

When SingularDTV announced its first development application, Tokit, comparisons with existing crowdfunding methods—Kickstarter, Patreon, Indiegogo, and the like—were naturally made. As expected, questions followed: “Is Tokit not just a crowdfunding tool?”

The answer, as I will explain below, is both YES and NO.

TOKIT: The Evolution of Crowdfunding

First, let’s look at the straightforward YES side. Tokit is a crowdfunding platform (or can be used for that purpose).

Tokit’s Launchpad function is a crowdfunding tool, but comparing it to traditional crowdfunding iterations would be an oversimplification, and would miss one of the core functionalities of the tokens Tokit issues.

Tokit’s Launchpad function is not for traditional crowdfunding in the conventional sense. Launchpad is for exchange of value.


In the old paradigm of crowdfunding, backers simply donated money to a project. The exchange of value was limited, and in reality it was a one-way system from backer to creator.

The creator receives money from backers, advances the project, and creates something. Sometimes they might reward backers with T-shirts.


Tokit is a paradigm shift. With Launchpad-style crowdfunding, genuine dynamic value exchange becomes possible. One of the most important things you can hear is that a creator’s tokens represent their intellectual property and the associated revenue streams.

By using Launchpad to sell portions of such tokens to the general public, creators can actually offer ownership of their works to fans. Fans still support the project’s creation, but this mechanism fosters a reciprocal relationship between viewers and artists.