Summary
· Project name: Tomocoin
· Token symbol: TMC
· Website: https://tomocoin.io/
· White paper: https://drive.google.com/file/d/1EAs7llLOpQx3YH1onvC4Qb107sIiztcm/view
· Hard cap: $8.5 million USD (ICO participants receive 50% of total token supply)
· Token Supply: 100 million (50% / 50 million Token Sale)
· Conversion rate: 1 TMC = $0.17
· Maximum market cap at ICO on a fully diluted basis: $8.5 million USD
· Bonus structure: N/A
· Presale or white list: $7.5 million USD will be sold to qualified private/presale contributors, $1 million USD will be sold to public contributors
· ERC-20 Token: Yes
· Countries excluded: USA, China, Hong Kong, Taiwan, Singapore
· Timeline: Public sales with proof of caring ends @ 11th February 2018 12PM GMT+8 https://tomocoin.io/docs/tomocoin-poc.pdf
· Token distribution date: TBA
Project Overview
What does the company/project do?
Tomochain aims to build an efficient blockchain infrastructure for decentralized applications (Dapps), token issuance and integration (ICO). There are 3 major products to be introduced in this project: TomoChain infrastructure (blockchain), Tomo application (1st consumer application utilizing TomoChain) and TomoCoin (Reward Engine/Ecosystem Building).
How advanced is the project?
TomoChain — a blockchain infrastructure framework, which is an open-source, high performance, zero (economically) fee and instant confirmation blockchain that can process billions of financial transactions per day. It runs on Proof of Authority consensus (POA) and zero-fee atomic cross-chain transactions (between Ethereum and TomoChain)
Tomo Wallet — a secure and user-friendly coin wallet that gives financial control back to the end-users. Allow users to store TomoChoin, Ethereum and other coins and tokens on Ethreum or TomoChain. It also allows for APIs for 3rd party bots and applications.
Tomo Application — First social consumer application utilizing on TomoChain infrastructure. Beta version is available at TomoApp.com with thousands of weekly active users, it is currently available to download via Apple App Store and Google Play store. The application main objective is to foster the community to contribute and work together to build a new knowledge sharing network.
What are the tokens used for and how can token value appreciate?
The value of the TomoCoin is closely related to the popularity and usage of Tomo application and TomoChain infrastructure. The supply of TomoCoin is fixed at 100 million tokens. But only a fraction will be release initially to the crowdsale participants. The planned allocation of coin is as follow:
Team
· Long Vuong (Founder & Project Lead)
CEO of Tomochain and founder of Tomo app, co-founder and the former project lead of very successful NEM blockchain (New Economy Movement). PhD candidate in economics.
· Son Nguyen (CTO)
Director of Engineering of Tomo app. Son is an experienced and accomplished technical leader, founder of the Blockchain Developer group with more than 800 active members. Master degree in EEngineering.
· Minh Chu (Blockchain and Cloud Lead)
Chief Cloud Architect of VCCloud — one of the biggest “AWS like” local cloud service in South East Asia. Minh has a deep technology research expertise and is a security expert.
· Tung Hoang (PM & Co-founder)
Co-founder of Tomo app. Product manager, frontend engineer, open-source contributor. Tung is a versatile engineer who get almost everything done in the fastest time possible.
SWOT Analysis:
Strength:
Experienced founder, Long is the co-founder of NEM blockchain.
Weakness:
Small team, 4 people team to build a revolutionize blockchain framework incorporates of wallets, dapps and payments.
Opportunities:
Strong local presence of Asia markets particularly in Vietnam, India, Indonesia, Korea, and Japan.
Threat:
Adoption from existing blockchain projects e.g. Ethereum, NEO, ICON
