Tomochain
TomochainName
Tomochain
Summary
TomoChain is a public blockchain network that is compatible with EVM and strives to achieve scalability while maintaining decentralisation.
-It was founded by Long Vuong
-TomoChain employs Proof-of-Stake Voting (PoSV)
Rating
Symbol
TOMO
Overview
TomoChain (TOMO) is a project that aims to improve the Ethereum (ETH) blockchain's scalability. This is generally accomplished by increasing the number of transactions per second (TPS). The TomoChain blockchain intends to create a full product-based ecosystem that will allow high-performance blockchain projects to be developed. The project's ultimate goal is to create a blockchain infrastructure for decentralized apps (DApps) while also improving integration and security. TomoChain's solution is to provide smart contract scalability, which entails figuring out how to make the blockchain manage a higher number of transactions per second, hence enhancing the smart contracts' utility for real-world use cases and applications tenfold.
Historical Price Movement (in INR)
Technology
TomoChain has a specialised privacy protocol (TomoP), a unique token standard called TRC-21 (TomoZ is a token standard that can be used for transaction fees), and a decentralised exchange system, with a network of 150 masternodes (TomoX).
With a proof-of-stake voting consensus, TomoChain is a scalable public blockchain that can run any Ethereum smart contract with instant transaction confirmations. The Tomo app, which is a decentralized social media platform centered on information sharing, was one of the first apps built on TomoChain.
Use of Native tokens in the ecosystem: TOMO is TomoChain's native asset, and it's used to pay for network gas costs, which cover things like asset transfers, on-chain actions, and smart contract implementation.
Token Sale
55%
Team
12%
Strategic partners and an ecosystem building fund
16%
Block rewards
17%
Volume (8th May 2022)
$24,258,766
Total Supply
100000000
Circulating supply
90,466,037.50 TOMO
Crowd Sales
it has raised $8.58M in funding
Funding
1/03/2018: Initial Coin Offering-$8.58M
Country
Singapore
Name of Organization
TomoChain Pte. Ltd.
Year Incorporated
2017
Registration Number
201716924E
Registered Address
10 Anson Road #22-15 International Plaza, Singapore 079903
Dispute Resolution and Governing Law
Singapore
Country Risk Assessment
A1
Founding Team
| Name | Designation | Education | Experience |
| Long Vuong | Co-Founder and CEO | University of Massachusetts AmherstPhD (ABD), EconomicsInternational Institute of Social Studies (ISS) of Erasmus University Rotterdam: Master's degree, Economics of Development | 10 Yrs |
| Le Ho | Co-Founder and CFO | Foreign Trade University: Bachelor, International Economics | 16 Yrs |
Whitepaper 
