3 Reasons Why I like TomoChain & TomoCoin Project (271c96 Review)

ONE:

I love blockchain infrastructure and lower level protocol project. I have been following TomoChain recently, it is a scalable blockchain infrastructure project, which integrates and super charges smart contract functionalities and enables atomic cross-chain transfers. Tomocoin is the protocol token for Tomochain infrastructure.

I really like their strategy to integrate with Ethereum network (benefits immensely from the existing Ethereum ecosystem and resources), and they achieve scaling by adding more second layer blockchains (horizontal scaling). Also, it aims to be a network of chains that supports instant confirmation, near zero transaction fee, which will be huge.

--> TomoChain Testnet: https://stats.tomocoin.io

Next, what I am really excited about its wallet - TomoWallet. It aims to support cross-chain wallet management with instant and near zero fee for its cross chain atomic transactions. Basically, it allows you to control and use multiple addresses from other blockchains such Bitcoin and Ethereum with a passphrase and the process of encrypting and de-encrypting will stay only at the client side.

-->> Try it out and get your first TMC :) Demo TomoWallet: https://wallet.tomocoin.io

TWO:

Only USD 8.5M hardcap, which is super low total for such a project at its current stage and roadmap momentum, this number demonstrates that they are confident in their tech and their ability to execute and deliver.

A somewhat comparable project is Steemit, which is around 1B market cap at the moment. But what Tomochain envisions to be is more like a combination of Steem, EOS, Kin, OmieseGo, Nimiq and others.

--> Check out its Tomo App: https://tomoapp.com

THREE:

TomoChain has a strong team and advisors. e.g. Long Vuong, co-founder of Tomochain and founder of Tomo app with PhD candidate in economics, is also the former project lead in NEM.

And its advisor, Roger Lim is also Advisor for Bluzelle, SelfKey, The Key, Coinfi, Fortuna Capital, Jet8. and another advisor e.g. Chance Du, General partner at Coefficient Ventures, which also invested in Filecoin, Raiden, Zeppelin, 0x, Tari etc.

OTHERS:

Some Basic Info & Coin allocation:

TMC token supply is fixed at 100.000.000 TMC in total. non-mineable cryto.
50% of coins going to the token sale participants
15% of coins going to the company, advisors and bounties
35% of coins going to the Reward Engine/ Ecosystem Building program.

TomoChain features:

Proof of Authority consensus based on Ethereum codebase
Masternode and servicenode system
2 second confirmation and zero transaction fee for transactions
Support all Ethereum smart contracts
API supports for token issuances and integrations
Zero-fee atomic cross-chain transactions (between Ethereum and TomoChain back
Sending transaction within TomoChain with zero fee and fast confirmation
Mining, cashing in and cashing out features based on smart contracts
Node protection against spamming algorithm
Built-in exchange protocol and ICO smart-contract templates
Decentralized governance application

White Paper: https://drive.google.com/file/d/1EAs7llLOpQx3YH1onvC4Qb107sIiztcm/view
Website: https://www.tomocoin.io
Twitter: https://twitter.com/TomoCoin_io
Telegram: https://t.me/tomocoin

Discloser: I am not associated or in any way affiliated with TomoChain. Although I plan to contribute, this is NOT a investment advise. Crypto currencies are highly volatile and risky assets, only invest as much as you can afford to lose.