Regulations governing cryptocurrencies vary by jurisdiction and may change over time, which could impact the legality and use of cryptocurrencies. The lowest price for one TOMO coin is $0.158, recorded in December 2018, approximately 5 years ago. Analysis was done on daily data, so all moving averages, RSI, etc.., were calculated on a daily TomoChain price chart.
The TomoChain Team
You can use TOMO tokens to pay for the minimal transaction fee on the network. You can also use them to get dApps or spend them to purchase items like NFTs or collectibles. In decentralized finance (DeFi), it offers several solutions, such as Frontier, LuaSwap, PAID Network, Raydium, Antex, and others. Furthermore, it provides several in-platform products that deliver the same purpose, including TomoWallet, TomoPool, TomoBridge, and TomoZ.
Where to Buy TomoChain
Viction, formerly TomoChain, is a people-centric layer-1 blockchain, offering zero-gas transactions and enhanced security to make Web3 easy and safe for everyone. After the token’s launch on Feb 28, 2018, on the Ethereum platform, over 4,292 wallets have acquired TOMO, with a recorded total of 41,497 successful token transactions to date. Wealth distribution is an important factor to consider when researching a cryptocurrency.
TomoChain Roadmap
To check TomoChain’s price live in the fiat currency of your choice, you can use Crypto.com’s converter feature in the top-right corner of this page. So, as you can see quite a bit to look forward to over the coming year from the Tomochain developers. If you want to keep abreast with their latest updates then you can follow their official blog. It is also worth noting that there are a further 66 other repositories in their GitHub with varying levels of activity – impressive stuff.
- Indeed, scaling has been foremost in the minds of Ethereum developers ever since the Crypto Kitties slowdown of late 2017.
- After all things are set, it’s time to deposit some funds into your account.
- It not only allows the blockchain to function as EVM-compatible, but it also allows for the nearly instant transaction times, and for the entire masternode architecture.
- After the token’s launch on Feb 28, 2018, on the Ethereum platform, over 4,292 wallets have acquired TOMO, with a recorded total of 41,497 successful token transactions to date.
- For performing this service the masternode receives TOMO as a reward.
Grab Your Market Edge Now
Feb 28, 2018, was the day when a smart contract for token was started on the Ethereum platform, approximately 6 years ago. We collect market trading data for TomoChain from 08 Mar 2018, and shows that the lowest rate ever recorded was in Dec 2018, which was how to buy tomo 5 years ago, when Bitcoin was worth only $0.158. Best year which had the highest increase in TomoChain price was 2023, as price surged from $0.255 to $3.56. On the other hand, 2024 was the worst year for TomoChain as its price plunged from $0.880 to $0.100.
Transferring to an External Wallet
The TomoChain ecosystem, which is powered by the native TOMO coin, is fostering a diverse blockchain community that is expediting the acceptance of blockchain-based applications. With your Ledger hardware wallet connected to MyEtherWallet, you can review and sign transactions securely. Ledger hardware wallet stores your private keys and allow you to sign transactions offline, making them resistant to malicious attacks and threats. Join 6+ million customers who trust Ledger wallets to secure and manage their crypto.
TOMO to USD Converter
As of May 20, TomoChain has a market capitalization of $101.6 Million and is ranked #4877 among all cryptocurrencies. For more information on the market capitalization and price statistics See full market cap and price stats. Also, TomoChain can facilitate both public and private transactions, using an encrypted algorithm to ensure privacy around transactional data. This makes TomoChain a great choice for businesses wanting to keep sensitive data private and secure, with TOMO coin ensuring a fully decentralized network.
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Connect your Ledger hardware wallet to a compatible third-party wallet to secure and manage your TomoChain. TomoChain aims to build an ecosystem containing several blockchain solutions, DeFi apps, games, Web 3.0 projects, and much more. They want to address multiple sections, including gaming, the IT department, education, research, agriculture, robotics, communication, and others.
- TomoChain has introduced a unique PoSV mechanism that allows the token holders (those who stake TOMO), to vote across 150 master nodes.
- ⚠ Trading cryptocurrencies involves risk, and may not be suitable for all investors.
- It provides both historical and real-time data along with key insights about the system performance of the TomoChain product range.
- If they can accomplish that quickly they should easily put themselves in the forefront of the blockchain revolution.
- This means even though the block creation aspect is centralized, the masternodes themselves can easily be voted out if they aren’t representing the interests of the stakeholders.
- There are a number of requirements that go into running a TomoChain masternode.
TomoChain ERC-20 Markets
How to create a token on the TomoChain blockchain – The Cryptonomist
How to create a token on the TomoChain blockchain.
Posted: Sat, 20 Jun 2020 07:00:00 GMT [source]
The second co-founder and CFO of the project is Le Ho, who has over 10 years in the investment and finance industries. She was previously Senior Investment Manager at BVIM and a former Director of the Investment Banking Division at HSC securities company. In comparison https://www.tokenexus.com/ with Ethereum, the TOMO fees are just 1% of those charged for Ethereum transactions, and the TomoChain has 2-second transactions versus 15-second transactions for Ethereum. The switch to masternodes made TOMO a mintable currency rather than a minable currency.