What is Tomochain?
Tomochain is Singapore based scalable blockchain project relies on Voting Proof of Stake (PoSV) consensus focusing on product line users in the real world. The network is based on open Ethereum virtual machine to achieve almost zero transaction fees, less than 2 second transaction confirmation time, validation and random security. The basic goal of the project is to developed technology and innovative products to provide platform for Defi, DEX, Games and other enterprises dApps.
In the tomochain community stakers, masternode owners and developer will be playing important role in order to maintenance, as every contribution will be awarded by the rewards. tomochain will be run by 150 masternodes who will be the responsible of the security of Ecosystem.
In the latest update Tomochain network introduced new project i.e. TomoDEX, it is non-custodial that follows unique infrastructure where user no need to HODL Tomo. It Decentralized exchange will be operated by TomoX protocol that specially build to offer speed and decentralized security.
Tomochain Price Prediction
|Month & Year||TOMO Price Prediction|
|All-time high||$2.30 USD|
|Exchange Platform||Binance, MXC, Bitforex, Kucoin, CoinDCX, Hotbit, WazirX, Probit Exchange,VINEX Network, Gate.io, Binance DEX, BitAsset, BiKi, Beaxy, FTX|
|Wallet||Tomo Wallet, Trust Wallet, Atomic Wallet|
Tomo ICO Overview
|Raised by||$8,580,000 USD|
|Date of ICO||8th march 2018|
|ICO Price||$0.25 USD|
|Partners||HyperChain Capital, Coefficient Ventures, 1KX, NEO Global Capital, Hashed, Connect Capital, One Block Capital|
In the new Wave of ICO backed by ERC-20 Token, Tomochain introduced its token i.e. Tomo i.e. indexed in march 2018 and after experience small dropped it reaches to all time high by reaching $2.30 USD mark. since then Tomochain not able to gained consistency in the market cap volume till November 2019, however, after that small increase in the daily volume Tomochain started gaining new investor. later the effect of started seeing in December 2019, where Tomo Coin surged from $0.26 to $0.65 USD by 150%. The price fluctuation keeps happening for tomochain, as of writing today after price dropped to $0.18 USD in march 2020, it started showing bullish trend where with consistent growth it reaches to $0.56 USD and heading to break 2020’s highest record.
TomoChain Network FAQ
Can TOMO Reach $1 USD?
Yes, somewhere in 2021 year.
How Much TOMO Worth in 2030?
Probably reaching $4.5 USD mark and fluctuating between $4 to $5 USD.
Is Tomochain a Good Investment?
Yes, current DeFi Project is on the fire and tomochain one of them who having potential to become next big thing in DeFi market.
The Peer to Peer lending platform uses different order booking algorithm to give fast transaction experience for user. Aim of this project is provide liquidity, scalability and security with decentralized network, however, network promises to complete 2000 transaction per second. the masternodes playing important role in the ecosystem along with staking, as it supports ICO, stablecoins and other Decentralized Apps project. recently Tomochain enter into top 200 largest crypto list, however it they manage to gain consistent market cap volume, then they can enter in top 100 list too.