Tomochain, a scalable block-chain via the proof of stake voting consensus and used commercially by companies all over the world. It was the co-founder and the former project lead of new economy in the year 2014 and inception based on scalability issue of ethereum 2017. The founder and the CEO of this project is Long Vuong of Vietnam. Publicly this was launched in December 2018 and it has became steadily as the largest public block-chain out of the sea region, and also the pride of Vietnam. Tomo chain is an EVM (Electronic Voting Machine) compatible block-chain secured by POSV (Point of Scale Verification) with almost 150 master-modes.
Tomochain is a Singapore based pvt ltd entity and have their headquarters is located in Singapore, Vietnam, and Japan. Because those places has a friendly regulation and friendly environment for block-chain business with thinking legislation. The developers layer1 protocol solutions with the support of open finance are as follows:
The master-mode of Tomo chain includes the credible names like Binance, Ku-Coin, NGC, Coin Gecko, Xangle, Hash-Q work and similar others.
On February 2019, a successful ICO business launched on Tomo chain was Triip protocol, Shark Tank Vietnam alumnus and travel startups. And among that, Triip protocol a most profitable venture and it also had a co-partnership with Agoda booking.com.
Summer 2019 their launched Tomo-Z protocol that allows it’s token to be issued where the gas fees were paid by the token. Coin98 were available to scale their business to 100,000 users over their online application on tomo chain since it did not require costumers to hold token to pay gas fees. In August 2019, Tomo won the Binance DEX community vote for free listing on binance.com.
In the mid spring 2020 Tomo-X protocol was launched and it allows their every users to launch permission-less DEX in a minute. It is a layer1 protocol that it’s master-mode network that handles the OB and all its transactions on a chain. There are almost 12 DEX that have various stage of it’s launch.
In May 2020 Tomo DEX dextomochain.com launched and offering spot trading and P2P leading to the users over the world and crossed a very successful of daily trading volume of $500,000. It was also partnered with different projects like Frontier during their TGE phase in September 2020.
At spring 2020 Tomo bridge were launched and it allows for ERC20 token on Ethereum to be used in Tomo chain ecosystem. All the gas fees are paid in token and does not require Tomo token. It is a fully integrated DEX so that the users can withdraw or deposit their tokens with a single click.
Bacoor, the owner of Ethereum wallet in Japan has moved their entire development to Tomo chain have launched their social wallet called Pantograph. Pantograph was ranked no.1 social Dapp by Dapp.comfor several months. Pantograph is an NFT market place and ported Dapps to the Tomo chain. It produces both physical and digital products that are backed by block-chain and can be used in mass market without having the knolwedge of block-chain. The partnering agencies of advertisement are located in Japan, and it’s first initiative was launched in November and December 2020.