Understanding the $40 Million Financing Pursuit of Decentralized Anonymous Project Tomi for Internet Freedom

06/03/2023·1years ago

I. Getting to Know Tomi

Tomi, created by a group of anonymous senior professionals in the encryption industry, is a web3 company focusing on providing decentralized hardware and software services, including decentralized cloud mining, cloud storage, and cloud hosting solutions. With its new internet: TomiNET, supercomputer: MP1, domain system: tDNS, digital wallet: TomiPay, and other services or products, Tomi allows anyone to easily achieve economic freedom, freedom of speech, and internet freedom, to realize its vision of a free world.

II. New Internet: TomiNET

TomiNET is a new internet managed by a decentralized autonomous organization (DAO) created by Tomi, replacing the old network controlled and censored by the government. TomiNet uses its self-built advanced decentralized domain name system (tDNS) to support encrypted addresses and IPFS to achieve a fundamentally uncontrollable and unrestricted free network.

TomiNET is a powerful browser that combines the best technologies of Web2 and Web3 to protect user privacy and achieve user autonomy over data and the internet. Anyone in the world can enter a new free internet through the easy-to-use TomiNET, with domains ending in .Tomi stored in a decentralized cloud accessible from anywhere in the world. TomiNET ensures secure and reliable connections to Tomi domains and websites through built-in IPFS integration, Tor onion routing, and custom filter lists.

The TomiNET project ensures the long-term survival of infrastructure and the long-term freedom of users: freedom of speech, political freedom, economic freedom, personal freedom, and more.

III. Supercomputer: Tomi MP1

Tomi MP1 is a mini supercomputer, the flagship product of Tomi's hardware solutions, providing a Web3 server with massive computing power. Equipped with the latest technology, Tomi MP1 can perform efficient and high-performance computing tasks:

  • Complex simulations
  • Realistic rendering
  • Real-time ray tracing
  • Accelerated artificial intelligence
  • AI-enhanced applications
  • Virtual reality applications
  • Blockchain GPU mining

Users using the above functions of Tomi MP1 can also receive lucrative rewards for Tomi mining, meaning users do not need other dedicated mining equipment for mining.

The Tomi MP1 server is plug-and-play, allowing users of all levels to receive mining rewards without the barriers of assembling mining equipment. The MP1 server also has additional environmental benefits over dedicated mining equipment, as it not only consumes less energy and is more efficient, but also can be easily maintained in a home environment, requiring fewer resources for cooling and maintenance. With specifications such as 1200 TCP hash rate, 500MH/s hash rate, 22.5kg weight, and 2W/MH power efficiency, the MP1 is highly attractive to blockchain enthusiasts. According to Tomi's official website, the current price of Tomi MP1 is $14999.

IV. Domain System: tDNS

tDNS is the decentralized web3 DNS of TomiNet, implemented on-chain through encrypted NFTs representing URL ownership and actual addresses, allowing no entity on the network to control approved addresses. tDNS is controlled by Tomi's pioneers through DAO, making it immune to censorship to allow freedom of speech.

Users can become the original minters of domains (Original minter, minting address:

https://tdns.network/domainSearhResult/active/mm

Then this user has the royalty right to this domain: that is, the user will always have the right to receive 25% of the selling price when the domain is sold. Anyone can bid for the domain they want, and after setting the starting bid, the domain will be auctioned within 48 hours, during which anyone can bid for the domain. The winner of the auction will obtain the domain being auctioned.

V. Digital Wallet: TomiPay

By providing a powerful (yet user-friendly) multi-chain wallet outside of its MP1 server, Tomi can truly democratize blockchain technology. As a multi-chain wallet, Tomi's digital wallet supports some of the most popular and reliable blockchain networks.

Currently, the network list includes:

TomiPay has basic wallet functions and can be used for storing and trading the world's major cryptocurrencies, connecting to top DAPPs for DeFi mining, playing decentralized games, and more. Network congestion is not a problem for multi-chain wallets like Tomi. Some features provided by Tomi's digital wallet include biometric protection, PIN protection, two-factor authentication, user custody of their private keys, NFT storage and vault, DAPP browser, purchase and exchange of cryptocurrencies, DeFi functions, blockchain games, and more.

VI. DAO Structure

As Tomi's mission is to compete with traditional centralized entities that have dominated the internet for decades, establishing a DAO to guide and govern TomiNET is essential.

TomiDAO is designed to manage, develop, maintain, and reward the community. TomiDAO will be responsible for all decisions related to TomiNet, protecting members from coercion or other forms of bribery through a fully decentralized and secret voting system.

TomiDAO will receive a portion of project income as follows:

  • 7% of all Tomi profits
  • 15% of Tomi pool earnings
  • 51.5% of daily auction income from Pioneer Club members
  • 50% of profits from selling server computers and providing computing power to the network. The income obtained will be controlled and used by the DAO community. Users interested in participating in the DAO must hold Tomi Governance tokens, which will allow members to vote on significant proposals regarding project and DAO fund usage.

VII. Pioneers

Tomi's pioneers, the first batch of DAO members, are the main participants in building hardware and software. Pioneer votes are non-transferable but can be delegated, and pioneers can allocate their voting rights to another pioneer.

Tomi will launch a top-tier NFT series collectively owned by pioneer members.

VIII. Economic Model

TOMI is Tomi's token, designed to ensure the long-term self-sustainability, security, and longevity of the project and its ecosystem, and to provide sufficiently generous compensation and rewards to attract widespread adoption by developers, communities, and users. The role of Tomi tokens in the TomiNet ecosystem includes:

  • DAO voting and delegation (for TomiDAO members)
  • Rewarding network contributors through TomiDAO's treasury
  • Development fund (automatically generated fund controlled by TomiDAO, used solely to incentivize development on the platform)
  • Purchasing domains on TomiNet
  • Payment for cloud services on TomiNet
  • Payment for products and services in TomiNet
  • Payment for expenses related to TomiNet and the Tomi ecosystem
  • More utilities (including staking, airdrops, burn mechanisms, etc.) will be determined by TomiDAO. Tomi tokens will be distributed as follows:

The inflation and distribution growth of Tomi tokens will be as follows:

https://tomi.com/blog/token-utility-and-tokenomics?id=327

Currently, Tomi tokens have started trading on Huobi, gate.io, and MEXC Global.

IX. Financing Information

On March 22, Tomi completed a $40 million financing round, led by DWF Labs, Ticker Capital, Piha Equities, and Japanese crypto investor Hirokado Kohji.

X. Related Links

Official Website:

https://tomi.com/

Whitepaper Link:

https://tomi.com/newmmm/Tomi_Free_As_In_Speech_Whitepaper_V1.0.pdf

Explorer Links:

https://etherscan.io/token/0x4385328cc4d643ca98dfea734360c0f596c83449

Tiktok: https://www.tiktok.com/@Tominetwork Instagram: https://www.instagram.com/Tomipioneers/ Twitter: https://twitter.com/Tomipioneers Telegram: https://t.me/Tomipioneers Discord: https://discord.gg/Tomi BitCoinTalk: https://Tomipioneers.com/bitcointalk

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veDAO is a DAO-led decentralized investment platform dedicated to discovering the most valuable information in the industry, enthusiastic about exploring the underlying logic and cutting-edge tracks of the digital encryption field, and ensuring that every role within the organization fulfills its responsibilities and receives rewards.

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