TomoChain opinions
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So far,1 of opinions have been recorded for TomoChain. These opinions are not investment recommendations but the community's perspective on TomoChain. Please do not make a purchase decision based on these TomoChain opinions.
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TomoChain opinion #1
TomoChain (TOMO) is a token based on ERC-20, which was launched in 2018 with the Mainnet.
The aim of the project is to compensate for the bottleneck caused by the lower transaction throughput of the ETH (Ethereum) Blockchain. It should be possible to achieve up to 5000 TPS (Transaction per Second) with the help of TomoChain. This would also allow the transaction fees (Fee) to remain low due to the ever increasing use of ETH transactions by DeFi Hype.
The maximum capitalisation here is 100 million TOMO. The PoSV (Proof of Stake Voting) is used to reach a consensus. The rewards are paid at 50% to the Masters or, 40% to the voters and a fixed 10% to the Foundation, which develops the project further.
Because of the hype by definition and the higher demand for higher TPS values at affordable fees, I see good chances for an increase in value in the coming months. This is also reflected in the CoinMarketCap position just below the Tip 100 Coins.