Zero Fees? Fast Transactions? Horizontal Scalability? - TomoCoin!
That's right, you've read that right! TomoCoin is a utility token of the Tomo network. If you belong to one of these groups of people, then you'll be more than interested in the project:
- Developers
- Investors
- Marketers
- Social Media Users
- Crypto Enthusiasts
- Teachers
- Students
Tomo network is a project which everyone in this world can benefit from. There are three main elements of the Tomo network:
- Tomochain Infrastructure
- Tomo wallet
- Tomo application
Tomochain uses the sophisticated smart contract technology allowing all the users to make extremely fast transactions with zero fees. The Proof of Authority system runs on top of nodes from all around the world (over 200 countries) which makes the database highly secure. As horizontal scaling is one of the issues of many already existing blockchain technologies, Tomochain overcomes the problem by creating 2nd layer chains on top of the platform.
Products
Most of the projects in the cryptospace are based on promises and future plans, but not Tomocoin. First of all, check the TomoChain TestNet where transactions take up to 2 seconds to process with no fees applied here - https://stats.tomocoin.io/.
The second thing we mentioned was the Tomo Wallet, and everyone can see the Demo version by clicking on this link - https://wallet.tomocoin.io/. The wallet runs on top of two blockchains:
- The TomoChain blockchain - Provides instant confirmations with zero fees
- Ethereum Rinkeby - Ethereum nodes on top of the Rinkeby testnet
And last, but not least, the mobile application. Google said that more than 50% of all searches processed through their engine come from mobile phones. Mobile users are a much more convenient way for users to access the information online, as they can do it anytime anywhere. This is why the beta version of the Tomo App is already available on three platforms:
- Web Application - https://tomoapp.com/
- Apple App Store - https://itunes.apple.com/us/app/tomo/id1228483510?ls=1&mt=8
- Google Play Store - https://play.google.com/store/apps/details?id=vn.cityme.tomoapp
Feel free to test out any of the products, as everything is available for free by simply creating a free account and registering for the services!
Who Are The Creators?
- Long Vuong - Founder and Project Lead Developer, he was a project lead and a co-founder for the NEM blockchain, which is one of the most successful projects, located in the top 10 coins on https://coinmarketcap.com/. Vuong is an economics PhD candidate!
- Son Nguyen - His master degree in engineering allowed him to create a Blockchain Dev group with hundreds of active members. He is the CTO of the company and is the one responsible for overcoming all the technical difficulties.
- Minh Chu - He is a security expert which secured him the position of the Blockchain and Cloud Lead in the Tomo company.
- Tung Hoang - Colleagues describe him as an extremely fast worker and problem solver and he is the product manager, front-end engineer and a co-founder of the company.
Advisors are people who have been successful in the cryptospace, economics, engineering, investing and managing projects such as this one with years (some of them decades) of experience in the field. Some of the names you might have already heard of are:
- Androklis Polymenis - https://www.linkedin.com/in/crypt-xo-androklis-polymenis-6a7137b2/
- Min Kim - https://www.linkedin.com/in/minkimd14/
- Roger Lim - https://www.linkedin.com/in/limroger/
- Chance Du - https://www.linkedin.com/in/chancejdu/
- Shekhar Bhusannavar - https://www.linkedin.com/in/shekharbhusannavar/
- Antoine C. Najjarin - https://www.linkedin.com/in/antoine-najjarin-904828b5/
- Ho Le - https://www.linkedin.com/in/le-ho-cfa-55922055/
- Hoang Nguyen - https://www.linkedin.com/in/hoang-nguyen-a493b158/
Having successful, smart and experienced people on board is the key of developing and maintaining world-class projects such as Tomo.
If this is not enough to convince you that this is one of the most promising projects of the blockchain and cryptocurrency era check out the partners and investors who have supported the project so far:
- Signum Capital
- Block Discover
- NEO
- Hashed
- Coefficient Ventures
- One Block
- HyperChain Capital
- Connect Capital
The list goes on and Tomo has huge plans in future regarding new partnerships and integrations with other already massive and successful companies from all over the world!
Technical Side & Token Utility
One of the issues many projects focused on high-quality performance and scalability is within the database. TomoApp is built on top of the noSQL database operating the Master-Slave model solving the high-quality and fast-paced performance. Both app layers and database use sharding techniques which focus on:
- Consistency
- Balance
- Split Information
Artificial Intelligence is most likely one of the most important technologies of the 21st century and it's not a surprise to see it implemented in the TomoApp project. In order to increase user experience to the maximum, TomoApp uses AI in order to:
- Optimize the personal feed by the user's activities on the platform
- Follow recommendations
- Recognizing and removing spam and fraud
- Video and image recognition
It is important to mention that only the public part of each user's profile will be used for these operations, while all the private information and activities remain highly secure and safe. Some of the AI technologies used are:
- TensorFlow
- Scikit-Learn
- Inception V3 - TensorFlow image recognition tool
As we already mentioned, TomoApp uses two blockchain technologies:
- Ethereum - Used for issuing ERC-20 tokens which allow users to buy and sell tokens through third-party sources (exchanges)
- TomoChain - The side chain used for all financial transactions through the TomoApp and their hosting
Final Words
I've never been so excited about an upcoming project more than this, as TomoCoin is the platform and an invention we've all been waiting for. It has a great team, working products and a massive community already.
If you want to learn more about the project make sure to go through their Whitepaper where everything is explained in great details.
Read the FAQ on the official website where all the information about the Public Token sale and the platform itself can be found.
TomoCoin Social Media & Sources
- Telegram - Admins are active 24/7 and you can ask them whatever you like about the Token Sale
- Twitter - Stay updated on all the events and announcements on their official Twitter page
- Facebook - Follow them on Facebook where you can find pictures, videos and articles about the project
- Medium - Huge library of articles about the project
- BitcoinTalk - The official BitcoinTalk Forum thread
Make sure to visit the Official Website where you can find the roadmap, products, future plans and all the fundamental as well as advanced information about TomoCoin.
My telegram username- @soulZAP
My twitter handle - @cozla12
All donations are welcome and much appreciated!
My ETH address - 0xD3aF3DeacAad363Aed95a99f3052AEaFC0938c72
My NEO address - ALE96QZWUSGHzXss1vs5A3SxskSmE1f285
This tomocoin look very promising!!!
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Number 1 ICO of 2018 in this category in my opinion!
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