What is TomoCoin
TomoCoin is trying to provide a reliable solution to the problem of scaleability. TomoCoin offers fast integration and a scaleable blockchain infrastructure (horizontal scaling), with near zero transaction fees. It will be a second layer blockchain with enhanced performance within the ethereum infrastructure through the use of atomic cross-chain solutions. The TomoCoin token will be an ERC-20 token and will deploy a Masternode to structure scaleability. 8.5/10
Team and Advisors
All the team members and advisors can be found on TomoCoin’s website, with a link to their linkedin profiles respectively. The team is strong and has ample experience to steer this project to a success. Also the advisors are strong with heavy-hitters in the crypto-space, such as Roger Lim ( Advisor for Bluzelle, SelfKey, The Key, Coinfi, Fortuna Capital, Jet8). with such a strong team and advisors the change of succes for this project is quite high. 8.5/10
Tokenmetrics
Crowdsale Hard Cap: $8.5 million (7.5 million sold in pre-sale)
Total Supply: 100,000,000
Token Distribution: 50% crowdsale, 15% to the company, advisors and bounties, 35% to Reward Engine/Ecosystem Building program
Price per Token: 1 TMC = $0.25 USD
Bonus Structure: 25% for presale
Whitelist: https://tomocoin.io/saleinfo
The hard cap of $8.5 million is very low, which provides a lot of room for growth. Also the token distribution is fair and the pre-sale bonus is low enough, so there should not be a major dump when the tokens are trade-able. 9.5/10
Road map
Q1 (2018)
Q2 (2018)
Q3 (2018)
Q4 (2018)
The road map looks solid and well thought out. At the moment there are other projects that try to tackle the scaleability problem (e.g. Raiden Network), so this will be a race to see how will beat the other to the solution. 8/10
Hype and FUD (Fear Uncertainty & Doubt)
There is a lot of hype around the project, with lots of attention from prominent influencers in the crypto-space. TomoCoin’s telegram group consists of 15k + members and their telegram is very active, which means that the growth of their telegram group is likely organic and not filled with bots or artificially pumped using airdrops. TomoCoin did very well in their private pre-sale and only 1 million dollars is left for the crowdsale (which is a very small allocation), so expect lots of people looking to get a piece of the (small) pie. Unfortunately, TomoCoin is adopting a proof of support/care strategy, giving higher allocations to the people that have contributed the most to the project. On the one hand this seems fair, but on the other hand previous ICO that used proof of care, have had a negative vibe (e.g. Gems and Experty), with people spamming the project all over the place and using their community as a cheap mechanism to hype their project. Regarding FUD, I could not detect any FUD around the project and everything seems to be legit. 9/10
Overall verdict 9/10
Tomocoin has an interesting idea and tries to solve a real problem, namely the problem of scaleabilty of the Ethereum blockchain. The team seems very capable of steering this project to succes and the advisors are also strong, with Roger Lim as an all-star. The tokenomics are also very interesting, with a very low hard cap, this project will have no problem whatsoever in selling out and demand for the token will be huge.
