Tratok to return power to the community

Home / Progress / Tratok to return power to the community

We’re thrilled to share a groundbreaking update with you as Tratok continues to evolve and grow. With our marketing efforts soon to ramp up and the launch of trading on various exchanges around the corner, transparency has never been more crucial. We believe that open communication and clear visibility into our operations are essential as we embark on this exciting phase of our journey.

In the past, our Tratok had control over features aimed at combating fraud within the Tratok ecosystem, these included the ability to lock accounts from sending Tratok. While these measures were crucial during the initial stages to combat user fraud and protect the ecosystem from unsecure platforms, we recognize that they have now become redundant and could potentially be harmful if misused. As we prioritize the well-being of all partners and stakeholders, we firmly believe that the sole responsibility of token safety should 100% lie in the hands of their keyholders. Each one of them is a true custodians of the Tratok ecosystem in their own way. It is our new management’s policy that all users deserve not only guarantees on the state of their holdings but also that it is the right thing to do to give full power back to the community.

Therefore, we are pleased to announce that Tratok is taking a bold step by transferring the ownership of the smart contract and control of these functions to the burn address:


This move ensures that these features can never be utilized again, placing control and responsibility of Tratok tokens firmly in the hands of their owners. As we enter this new era of transparency,  we want to thank you for your unwavering support. You have all been instrumental in shaping Tratok into the innovative and trustworthy platform it is today, and we remain steadfast in our dedication to the continued empowerment of our community. Stay tuned for more updates and exciting developments as we continue to redefine the future of travel and tourism with Tratok.

Update: This has now been completed.