TomoChain (TOMO) Wallet

TomoChain and TOMO coin

TomoChain is an EVM-compatible platform that allows users, including businesses, entrepreneurs, and organizations to create blockchain projects. It was founded in 2017 by Long Vuong, the current CEO of the project. The network aims to further integrate blockchain technology into the creation of applications by “masking the friction of Blockchain, all while retaining its underlying benefits”. TomoChain utilizes an original consensus titled Proof-of-Staking Voting. PoSV is a Proof-of-Stake-based algorithm that offers enhanced security by introducing double voting, randomization, fast confirmation time, and checkpoints.

TomoChain News

In March 2022, TomoChain announced it’s partnering with Cadenverse to encourage music exploration. Cadenverse is a decentralized platform for music distribution, creation, and gaming. TomoChain welcomed NFTs and digital assets from the Cadenverse network onto its NFT platform, including tokenized music. TomoChain highlighted that its choice of music specifically is not a coincidence as the project's team believes that music NFTs will become the “next trending wave”.

How to buy TomoChain (TOMO)

TOMO, as the native token of TomoChain, powers the network. Any user can become a masternode candidate by depositing 50,000 TOMO first. Then, if they become one of the top 150 candidates and if chosen they can earn rewards. However, to start using the asset you will need to purchase it first. TOMO can be found on most cryptocurrency exchanges and can even be found in some crypto wallets, including NOW Wallet. It is powered by ChangeNOW which searches for the best exchange rates at the moment of the transaction without any hidden fees. With NOW Wallet, you can purchase TOMO coins with a credit or debit card, and even store them.