TomoChain was founded by Long Vuong, who is also the CEO of TomoChain Pte. Ltd.

Before that, he was the CEO of CityMe and a co-founder and project lead of the NEM (XEM) blockchain at Alternative Blockchain. He is an expert in the fields of blockchain and economics and has been an advisor to a number of blockchain projects in the past.

TomoChain has a range of unique features, such as its proof-of-authority consensus, the masternode system, 2-second confirmation, almost non-existent transaction fees, built-in exchange protocol, ICO smart contract templates, API support for token insurances and integrations and cross-chain transaction function without any fees between Ethereum and TomoChain.

The TomoChain mainnet was launched in 2018 and included proof-of-stake voting. The switch to masternodes made TOMO a mintable currency, and these masternodes participate in both creation and verification of the blocks. They are compensated for maintaining the network with minted TOMO.

If a user wants to become a masternode candidate, they need to deposit 50,000 TOMO. Masternodes are allowed to eventually resign, but the deposited TOMO remains locked for 1,296,000 blocks after the resignation had been issued. Once a user becomes a masternode candidate, they need to become one of the top 150 voted candidates. If chosen, they will receive TOMO rewards in proportion to the number of blocks they manage to sign.

As such, TomoChain provides a scalable blockchain that can be faster and has lower fees. TomoChain has a wide range of use cases.

TomoChain provides a general blockchain platform that allows for near-zero-fee and instant confirmation transactions, a proof-of-stake chain, staking as a voter and running a masternode.

It also offers the TomoZ or Zero Friction protocol that allows token holders to pay transaction fees in a token of their choice. Other services offered by TomoChain are Tomox and Relayers, which is a decentralized exchange protocol that allows businesses to make decentralized exchanges and landing platforms. TomoP is a privacy protocol that was developed on TomoChain to enable safe and untraceable transactions.

If you want to buy, sell, or trade TomoChain (TOMO), you can do so on the following exchanges:

• Binance
• BiKi
• ZG.com

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