Hi guys
So today i will be talking about Tomo coin. As you may know i am very bullish on infrastructure projects as they will be the future microsofts and apples of the blockchain era.
Tomo Coin in a sentence: Building an efficient blockchain infrastructure for decentralized applications, token issuance and integration
So it is obvious that Tomo Coin is competing (maybe complementing we will see) with Ether, Icon, Dragonchain, Aion etc. Today we will examining what sets Tomo coin apart from the rest!
First off, as we all know by know bitcoin and ethereum are great leaders in the industry but they are not the guys who will bring back home the global home run, why? Because of slow transaction speeds and high transaction costs. This is unacceptable with tomo coin. They will deploy masternodes that will ensure that transactions cost near nothing and are super fast! They will also deploy child chains to ensure that there is no congestion on the network what so ever.
The exciting thing however is that Ethereum will not be left out of the equation. There will be some competition but the goal is actually cooperation. This will be achieved with cross chain smart contracts that allow for easy atomic chain swaps. Isn't that exciting??
Ethereum smart contracts and protocol will be able to run smoothly on tomochain. This is an ideal solution for token generation, dapps and integration.
This sounds exciting and all, but now we have to look at where they are at... I always check to see if there is a working product and not just an idea. In Tomo coins situation, their beta is up and running and anyone can go and test it, feel free!
Furthermore something new i noticed that i thought was very interesting also is their app. The Tomo knowledge-sharing application, is designed so that the network can create feedback for itself and create constructive continuous feedback loops!
Now lets take a look at their roadmap. (companies don't go anywhere if they do not have a roadmap!)
Q1/2018
Tomochain development
(We are here)
• POA concensus development
• Cross-chain smart contracts
• Tomochain scalability testing
• Tomochain zero fee and instant cofirmation testing
Q2/2018
Token integration
• Token integration on Tomochain testnet
• Reward engine implemetation<
• Tomochain alpha public release
• Spam, DDOS detection algorithm
Q3/2018
Tomoapp official release
• Tomoapp official release with Tomochain integration
• Reward engine starts on mainnet
• APIs for third party bots and app
• Tomo Wallet
Q4/2018
Tomochain official release
• Tomochain solution for external parties
• Smart contract templates
• Decentralized exchange integration
• Plasma framework smart contract integration
Future
Make Tomocoin more valuable
• Build community
• Infrastructure upgrades
• ICO platform on Tomochain
• Decentralized governance
What i find most interesting is the Official release of Tomo coin in Q4 this year. This puts it on par with other major projects releasing their main nets in 2018. For a new ICO, that is impressively fast!
Next stop on our ride: Partnerships
2 words, HUGE partnerships. Moon mission on its way.
Finally i will have a look at a few of the team members: (i highlighted what caught my eye)
Result = SOLID team
Summary:
I am very excited about this project, in all aspects of my above analysis they looking great! I highly recommend you guys get some bags of Tomo coin as soon as you get the chance.
Thank you for reading my post! Have a nice day.