Tomocoin ICO Overview

 

 
Tomochain wants to be one of the leading companies that will introduce the Internet of Value to the world. So what does that exactly mean? The internet of Value is an idea more anything. With the Internet of Value, a value transaction such as a foreign currency payment can happen instantly, just as how people have been sharing words, images, and videos online for decades. Tomochain wants to achieve this goal by building a protocol for decentralized applications. Currently, the first example for such a dAPP would be the TOMO APP. A place where people can educate people by asking and answering questions and are rewarded for doing so.
 
 
 

Tomocoin ICO Token Economics

 
Project name: Tomochain
 
Token symbol: TMC
 
Tomocoin ICO Hard cap: $8.5 million
 
Token Price: 25 cents
 
Type of Project: Protocol
 
Blockchain: Ethereum
 
Tokens sold: 50 million
 
Total token supply: 100 Million
 
Bounty program: Proof of Care
 
Highest bonus: 25%
 
Sold at Pre-Sale: 7 Milllion
 
Tomocoin ICO scores 2.6 out of three possible points.
 
This value arises from the following factors: the price of the token, hard capitalization, total token sold during the ICO, the percentage of token sold during the ICO. Other factors that are incorporated in the final grade are the unsold token, the percentage of tokens allocated to bounty, bonus token structures during the pre-sale and public sale. Tomocoin has a very low Cap of only 8.5 Million USD. This means it only needs to reach the top 200 coins to have an ROI of 7x. Most infrastructure projects that have similar scalability possibilities are around in the top 50. The downside to their token distribution is that 82% of the total tokens sold have a bonus structure of 25%. Even though the bonus itself is in an acceptable range, the total percentage of free tokens is very high: 7 Million tokens. Token Economics Score: 2.6/3
 

tomocoin token economics

 

 

Tomocoin Team & Advisors

 
When looking at team members it is more important in my opinion to look at previous successes in management, directing or development. Rather than looking at names of universities and degrees.
 

tomocoin founder

 
 
Founder & Project Lead Co-founder of NEM Blockchain
Ph.D. Economics Department at the University of Massachusetts.
CEO of CITY ME
 

tomocoin team members

 

Starting with the positives about the team: The team is very experienced in the Blockchain space and proved several times the ability to create a successful blockchain infrastructure. Every member is an expert in his field and they have until now been handling the hype very well. Negatives: The team is very small. Too small in my opinion, the only want to raise 8.5 Million dollars so its acceptable for their size. Their goal is massive and to achieve it they will need to higher a lot more members. They have none responsible for HR and are currently only a group of engineers. This gives concern to how well they will handle Exchange Listings Social Media presence and News Coverage. All of these are vital parts for launching a successful ICO.
 
Team Score: 7.1/10
 
 

Tomocoin ICO Advisors

 
Tomocoin’s advisors are amazing and one can see that already by the way they have been handling their ICO until know. The idea to implement a proof of care not only helps to limit “Dumpers” but also gives the company free publicity.
 

tomocoin advisors

 

 

Tomocoin Prototype

 
Tomochain’s Testnet has achieved 2000 Transaction per second, with a confirmation time of 2 seconds and zero fees per transaction. Screenshot of TOMO Testnet
The testnet is sending transactions in realtime from one Wallet to the next. The interface is absolutely amazing. This shows that the people working on this projects are experts in their field.
 
 

tomochain prototype UI

 
 

Tomowallet Demo

 
Demo zero fee atomic cross chain transactions (between Ethereum and Tomochain back and forth)
• Demo sending transaction within Tomochain with zero fee and fast confirmation.
• Demo mining, cashing in and cashing out features based on smart contractsDemo zero fee atomic cross chain transactions. (between Ethereum and Tomochain back and forth)
• Demo sending transaction within Tomochain with zero fee and fast confirmation.
• Demo mining, cashing in and cashing out features based on smart contract
 
 

tomochain demo user interface

 

Needless to says, tomochain scores 5 out of 5 possible marks for the working prototype. I also have been testing their Mobile Application “TOMO”, which I already utilize to help my followers ask and answer questions.
 
 

Tomocoin ICO Review Conclusion

 
All in all, I am very positive on the outcome of Tomochain, their low cap combined with their current hype as well as their expertise and network in the crypto space will lead to a very fast exchange Listing and therefore also high returns for Flipping this ICO. Long-term outlook: Tomochain has a lot of competition in this space. Their small team is a concern as well as the lack of Marketing and Human Resource management. I will try to invest in TOMOcoin and will likely be holding this Token for at least April or longer.
 
Total Score: 91,54%
 
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