Tomocoin is a public permitted blockchain that has integrated smart contract functionalities and intends to be an infrastructure solution to the scalability issue faced by the Ethereum blockchain. 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. They are committed to building a community, decentralizing governance, upgrading infrastructure, and establishing ICO platform on Tomochain.
Tomocoin has raised $7.5M in Private Sales and will have $1M available in their token sale to those who successfully submit a PoC: https://medium.com/tomocoin/tomocoin-public-sale-proof-of-caring-campaign-announcement-43146273234e
