TomoChain is an innovative solution to the scalability problem with the Ethereum blockchain. TomoChain plans to support horizontal scaling via adding more second layer blockchains with good performance integrated with Ethereum for backup and atomic cross-chain transfer. TomoChain is envisioned to be a network of chains that supports instant confirmation, and near zero transaction fee which will be an ideal solution for decentralized apps, token issuances and token integrations for small and big businesses.
A big part of TomoCoin will be used in a Reward Engine/ Ecosystem Building program as a reward for developers and early contributors. With the Reward Engine, Tomo application users will have a built-in economic incentive to create valuable content that will help “bootstrap” the social network’s knowledge base until a network effect kicks in. At the same time, TomoCoin will gain a fundamental value by being the native crypto-currency of the social network.
“TomoChain is a technically innovative and significant component that makes TomoCoin and other cryptographic tokens issued on it secure, transparent and trustworthy enough to be a store of value as a digital asset. TomoChain will be integrated into the Tomo application when the development is completed, and then open up to be a separate service to external parties.”Buy & Sell
- Extremely Efficient Network. 2 Second Fee-less Transactions On TestNet
- Very Low Circulating Supply Considering Application
- Strong Advisory Board.
- ICO Platform Allows For High Speed, No Fee Transactions in Decentralized Applications.
- Official Wallets. Clean Website With Detailed Roadmap.
- Team is smaller than most projects with similar goals. Members are very experienced, though.
- Website is well presented but doesn’t include a lot of solid info. Project is clearly still in very early development.
- Development time is a factor here. Other projects like Stellar already have technically similar features. Tomochain will need to create a point of difference.
• Ticker: TOMO
• Total Supply: 100,000,000
• Circulating Supply: 55,000,000
• Token Use: Dapps & Fees