Tomocoin : Building an efficient blockchain infrastructure for decentralized applications, token issuance and integration
Tomocoin POC code = 63014B
Tomocoin is building a scalable blockchain which will have faster transaction speeds, zero to minimum transaction fees, cross chain atomic swaps, smart contracts platform, Proof of authority and decentralized governence.
One of the major issues currently everyone is facing is the high fees with bitcoin and the slow transaction speeds. Even Ethereum which is comparatively faster than BTC takes 15 secs to minutes for confirmations. Such speeds are unacceptable if you compare with Visa and Mastercard payment processing speeds.
Tomocoin will be the native cryptocurrency of Tomoapp which will use Tomochain.
Tomoapp already has 200k + users and has an android,ios and web version.
Tomochain is already running on testnet.
Tomowallet which can be used for storing tomocoin , erc20 tokens, ethereum and has a demo too.
Tomoapp can be used for the following things
Tomocoin Token Sale
Total token supply = 100.000.000
Token sold in sale = 50.000.000
Hardcap = 8.5 Million USD
Tomocoin Roadmap
Team Members
Tomocoin is led by Long Vuong who is the project lead of NEM blockchain too.
Tomocoin has formidable partners which include Hashed, Neo and other top VC's
Conclusion : Tomocoin is solving a big pain in cryptocurrency by providing a scalable blockchain which will be faster and better in fees too. Tomoapp has several uses and tomocoin can be used within tomoapp. As adoption grows, tomocoin has the potential to be a mainstream currency and compete with the likes of Ethereum and Neo as tomochain has the ability to create smart contracts. Users interested in tomocoin can either participate in ICO or download their app and get rewarded or buy in secondary markets when tomocoin is distributed.