Blockchain infrastructure for decentralized applications, token issuance and integration.. Tomocoin ICO rating – not rated.
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Ended ICO : 01/03/18 – 14/03/18
About Tomocoin ICO (token sale)
What is TomoCoin (TMC)?
Tomocoin (TMC) will be the cryptocurrency native to Tomo application. Tomocoin ICO will also be protocol token for Tomochain infrastructure.
What is Tomo network?
Tomo Network refers to a group of products including Tomochain infrastructure, Tomo wallet and Tomo application.
What is the Tomochain? How it works?
Tomochain is our blockchain infrastructure solution to the scalability problem with Tomoapp and with blockchain technology in general. Tomochain is a public permissioned blockchain with integrated smart contract functionalities (currently based on the Ethereum code-base) which allows for nearly zero fee & instant transaction speed with public auditability of financial transaction records. Tomochain opts to use Proof of Authority and build nodes in multiple locations to make sure the database is in a highly secure, immutable state. Tomoapp will be the first application utilizing this blockchain infrastructure which later on will be offered to other companies for token issuance and integrations.
How does Tomo App differ from other social media websites?
Tomo knowledge sharing application aims to build a social network focused on video sharing and mobile usabilities, available to anyone, anywhere. Tomo App will take the social network and sharing knowledge aspects of text-driven platforms like Quora and Medium and fuse them with the more mobile-friendly format of short-form videos. It differentiates itself from Facebook, Instagram, and other social networks by using the cryptocurrency Tomocoin to reward content and knowledge contributors. In turn, content and knowledge contributors will become early adopters of Tomocoin and help to advocate for the value and usage of Tomo network and Tomocoin.
How can I earn TMC?
You can earn TMC by:
1. Join crowd sale at TMC website: tomocoin.io
2. Contribute to Tomo network/ecosystem – which will be available soon
Where do the new TMC tokens come from?
TMC token supply is fixed at 100.000.000 TMC in total
How are the TMC distributed?
The planned allocation of coin are following:
– 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.
How does the reward engine work in Tomo App?
Reward Engine will emit coins to users based on the contribution of users to the application. We will have rules to control content quality
What determines the price of TMC?
TMC’s price will be determined by the force of market supply and demand. On the fundamental level, demand for TMC will be closely related with the popularity and usage of Tomo application and TomoChain infrastructure. Later on, this demand will also increase with the capability of using TMC for transactions in physical locations and the successes of other third party applications in the TomoApp and the d-app ecosystem around TomoChain. On the supply side, TMC has a fixed supply pre-determined on the issuance day, but only a percentage of the total coin will be released initially to the crowdsale participants.
What can I do with my TMC tokens?
On Tomo App, we will build these features that you can use TMC:
– Set a price for your extended answer to your fans
– Set a price for watching your contents
– Boost a video
– Create a channel and charge a fee to access your channel
– Give virtual gifts to live streamers
– Reward engine integration
– A digital avatar and masks marketplace
– A private messaging system for secure communication
How to buy TMC on ICO?
Please wait for our instructions on buying TMC in the upcoming announcement. Subcribe to our email list or join Telegram group chat at http://t.me/tomocoin to receive updates.
What currency can I use to buy TMC?
On the public sale, we only accept ETH.
Can I transfer my TMC coin to others after ICO?
Yes, you can. You can do it with wallet support ERC20 Standard like MyEtherWallet
Is registration and KYC mandatory?
Yes, registration and KYC are mandatory to be eligible to participate in the Token Sale Event, so we can build and maintain a strong community of TMC contributors.