Site: https://tomocoin.io/
Telegram Group: https://t.me/tomocoin
White Paper: https://drive.google.com/file/d/1EAs7llLOpQx3YH1onvC4Qb107sIiztcm/view
Team: https://tomocoin.io/#team
Tomochain is a blockchain infrastructure solution to the scalability with blockchain technology in general. Tomochain is a public blockchain with integrated smart contract functionalities (based on the Ethereum). It allows for nearly zero fee and instant transaction speed with public audibility of financial transaction records. It implements Proof of Authority and build nodes in multiple locations to make sure the database is in a highly secure immutable state.
The Tomo application will be the first consumer application utilizing TomoChain blockchain infrastructure. Tomo application aims to build a new decentralized social network with a built-in cryptocurrency. In this social network, each contributor role is highlighted and rewarded; user privacy is respected and micropayments are easy, cheap and fast.
A big part of TomoCoin will be used in a Reward Engine and Ecosystem Building program as a reward for developers and early contributors. The Reward Engine, will allow Tomo application users to 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. TomoCoin will gain a fundamental value by being the native crypto-currency of the social network. Each Tomo application account will integrate a coin wallet and will use this credit for financial transactions within the application.
This project it has great potential for growth. After using the app and going as deep as possible into the technology I conclude the this project has huge potential upside. The all star team and project vision set it apart from its counterparts. It is unfortunate that the projects ICO is small and that the majority of the tokens will be held by private presale investors.
ICO rating: 92/100
Short term upside: BBB
Long term upside: AAA
I am not a financial adviser. This blog contents should not be taken as financial advice.
Information in this blog has been sourced from tomocoin.io site and whitepaper.
Information is correct to the best of my knowledge, however inaccuracies could occur.
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