Tomocoin ICO Details
What is Tomocoin ?
Tomochain is building an efficient Blockchain infrastructure for decentralized applications,token issuance and integration.
Tomochain is an innovative solution to the scalability problem with the Ethereum blockchain.
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.
Key Principle :
Internet of Value - Through the Internet the value of blockchain, people can trade any kinds of assets like stocks, votes, securities, intellectual property etc in a safe and transparent way.
How it works :
Why Tomochain:
Tomochain Ecosystem looks cohesive and appreciable
Moreover Tomochain have a working product .
Check the test net here https://stats.tomocoin.io/
They even have a downloadable app https://tomoapp.com/
Key Feautures :
• Better Scalibility than ethereum
• Faster confirmation and next to zero transaction fees
• Platform to Host ICOS ,dapps,Token issuance and token integration for small and big business
• Masternode functionality
• Mining ,staking and transaction capability through mobile app that is cool.
• Proof of Authority consensus based on ethereum codebase
• A public permission blockchain in a decentralized environment
• Instant Confirmations and Near-Zero Transaction Fees
• ICO Hosting Platform: Smart Contracts to Host Decentralized Apps, token issuances and token integrations for small and big businesses
• Zero-fee Atomic cross-chain transactions
Market Analysis :
Steem Vs Tomocoin :
Steem cryptocurrency and the Steemit web application setup is similar to TomoCoin
and the Tomo application in that both platforms’ respective crypto-tokens will be used
to reward content contributors who produce valuable content for their communities.
Steem is the native cryptocurrency of Steemit, like TomoCoin is of the Tomo
application. However, there are many other differences. The Tomo application has
much better mobile-ready and modern video-sharing features, which makes it highly
oriented to mainstream users. The plan is to make the Tomo application one of the best
social knowledge-sharing applications.
Steem currently has a market cap of more than 600 million USD .
You can imagine the one of the application area of Tomochain has the potential to distrupt the market.
Kin Vs Tomochain:
Kin will be the cryptocurrency of the popular messenger Kik. The idea of Kin is to
kick-off a digital ecosystem around the messenger app Kik. We share a similar goal in
grounding TomoCoin in the Tomo network. So the key difference between the two is
the respective markets where Kik operates – primarily in North America – and Tomo
application’s main target market, Asia. Furthermore, we are focusing on scalable
infrastructure TomoChain solution with TomoCoin as the protocol token which is
closely integrate with the Ethereum ecosystem, meanwhile recently Kin plan to move eventually to Stellar coin’s ecosystem. Kin cryptocurrency ICO raised close to 150
million $, and beside the ICO, Kik messenger has raised venture capital of more than
US$120 million to date.
OmiseGo Vs Tomochain:
Is mainly an e-wallet and payment platform that works across currencies and digital
assets. It is based on the OmiseGo blockchain and closely integrated with the
Ethereum blockchain. A notable strength of OmiseGo is its ability to work with legacy
financial institutions and other partners to allow their wallet to be used in physical
locations in Southeast Asia. OmiseGo is based in Thailand and will potentially compete
with the Tomo wallet in Southeast Asia. OmiseGo concluded its Initial Coin Offering
(ICO) recently, and the current market capitalization is around US$1.4 billion.
Source – Tomochain whitepaper
About Team :
Tomochain has a very solid team
Founder: Long Vuong
https://www.linkedin.com/in/longvuong22
CEO of Tomochain and founder of Tomo app, co-founder and the former project lead of very successful NEM blockchain (New Economy Movement)
Apart from him the team has other stalwarts .
Advisor :
Few of the notable advisor whom I am much interested are
Roger Lim, Director of the Qlink Foundation. Advisor for Bluzelle, SelfKey, The Key, Coinfi, Fortuna Capital, Jet8.
https://www.linkedin.com/in/limroger/
Mr. Hoang Nguyen is a co-founder and VP of Research and Development at WeTrust.io, a decentralized platform for financial products whose ICO raised more than 100.000 ETH in early 2017. Hoang is currently leading the world-class engineering team at WeTrust advised by renowned blockchain scientists in the industry such as Prof. Emin Gun Sirer; Head of engineering at BitGo, Benedict Chan; and Ethereum founder, Vitalik Buterin.
https://www.linkedin.com/in/hoang-nguyen-a493b158/
There are many advisors there in tomochain company.
See the entire team here
ICO & Token details :
Symbol: TMC
Total Supply -100 million TMC
Total for token sale-50 million coins
Private sale is closed with raising 7.5 million USD
1 Million will be raised in crowdsale
Total Hardcap-8.5 Million $
Crowdsale token price- 0.25 $
Preico token price-0.20 $
Token: Smart Contract based on Ethereum (ERC20) platform.
ICO Date- 1ST March
Whitelist –Through proof of care method
https://medium.com/tomocoin/tomocoin-public-sale-proof-of-caring-campaign-announcement-43146273234e
Key Links:
TomoCoin Website : https://tomocoin.io/
Telegram Official Channel : https://t.me/tomocoin
Twitter Page : https://twitter.com/TomoCoin_io
Tomochain Medium Page: https://medium.com/tomocoin
Facebook page : https://www.facebook.com/tomocoinvietnam
AMA Link with OhHey Matty : 
Author
Mohammed Lukmon
Catch me on twitter : https://twitter.com/itsmelukmon
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