Tom raises $3.5 million in seed funding led by Polychain Capital, unveils Tomji Launchpad and TomID for a revamped social pockets expertise

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Los Angeles, USA, April 10, 2024, Chainwire

Revolutionary Web3 social platform Tom companions with trade leaders to reinvent social media monetization and engagement

Tom, the all-in-one Web3 social app, introduced the profitable completion of a seed spherical of funding led by Polychain Capital. Buyers embrace trade leaders resembling Consensys, Symbolic Capital, OKX Ventures, Nomad Capital, Story Protocol, dao5, KuCoin Ventures, and HTX Ventures. Targeted on integrating monetary incentives into social media by way of blockchain, Tomo is creating its distinctive merchandise, Tomoji (his first-of-its-kind ERC-404 Launchpad on Base) and his multi-functional social pockets. Introducing an advanced social expertise together with his TomID.

Tom founder Ryan Fang shares this imaginative and prescient, saying: ”

Increasing his artistic horizons, Tomo lately launched an ERC404 Meme Launchpad named Tomoji on the Base chain. Artist Sean Kya Koons has collaborated with Tomoji to convey out an superior dragon-themed assortment referred to as “LONG” on Tomoji Launchpad. Tomji permits the fragmentation of his NFTs, thereby growing market liquidity and offering a extra versatile strategy to possession. Throughout the Tomji Launchpad, Tomoji presents seamless minting, gifting, and buying and selling performance, giving customers an intuitive and interactive platform to have interaction in digital artwork. Moreover, Tomoji may be traded on exchanges.

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Following this, Tomo will introduce a brand new function, TomoID, together with a funding milestone. TomID is a social pockets for content material creators and companies with a LinkInBio instrument and an associates program for crypto commissions. Customers can place their distinctive TomID on their social media profiles and hyperlink to pages containing their profiles throughout platforms resembling Tomo, X, Instagram, and TikTok. To enhance these improvements, Tomo presents a reward system within the type of Tomo Factors to encourage energetic engagement in Tomo's options and to reward early individuals for his or her loyalty and contribution. shall be fulfilled.

Olaf Karlsson Wie, Founder and CEO of Polychain Capital, shared his insights on this funding and stated, “At Polychain, we assist founders and initiatives that allow new actions.” Our funding in Tomo is in keeping with this philosophy as we acknowledge his position in introducing an enormous new person base to the Web3 house. Tomo provides monetary incentives to the suggestions loops already embedded in social media apps, optimizing the distribution of worth created on the intersection of creators and followers.

Tom's functions present accessible onboarding, interactive experiences, and income alternatives. Tom creates a clear market for social capital the place customers can earn actual monetary rewards. The platform options native cell apps for iOS and Android, a beta internet model, account abstraction expertise, self-custody, seamless cross-chain bridging, and user-friendly fiat on-ramp performance. Signing up is straightforward with choices like X, Apple (NASDAQ:), Google (NASDAQ:), and Galxe accounts. Tom simplifies blockchain adoption by mechanically organising non-custodial wallets utilizing ERC-4337 expertise and dealing with safe Linea and Base rollups. Tom's “Key” system permits customers to buy distinctive entry to creators' content material and direct messages. Transactions involving these keys will incur a ten% royalty charge, cut up equally between Tomo and the creator, contributing to a sustainable economic system. Different options embrace public tales for keychains, group chats, direct messages, and straightforward his ETH transfers.

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Marco Monaco of ConsenSys stated, “Tomo's SocialFi technique is greater than only a branching level within the 'bonding curve.' The crew focuses on the social facet with a transparent imaginative and prescient and revolutionary his Web3 native concepts. This funding won’t solely assist the crew, but in addition the expertise stack (cell apps, account abstraction, clear bridging, self-custody, This additionally applies to the introduction of fiat currencies, collaboration with Linea, and so forth.). Ecosystem. Tom's strategy represents a major development in dApps design and reveals how SocialFi can empower customers and creators. ”

About Tomo:

Tom is an all-in-one Web3 social app that transforms your on-line presence right into a common social pockets, facilitating spam-free real connections and monetary incentives. Tom permits customers to work together straight with creators, take part in personal discussions, and discover a brand new era of digital artwork with Tomoji. By actively taking part, customers can earn Tomo Factors and strengthen their social capital. Be part of Tomo the place your social capital shall be evaluated.

Web site – https://tomo.inc/

Weblog – https://medium.com/tomoinc

Documentation – https://docs.tomo.inc/

X (previously Twitter) – https://twitter.com/tomo_social

Net beta model – https://professional.tomo.inc/

iOS app – https://apps.apple.com/us/app/tomo-inc/id6468010287

Android app – https://play.google.com/retailer/apps/particulars?id=tomo.app.unyx

Lengthy – https://betterbelong.io/

contactpublic relations supervisorMilena LepaTomo[email protected]

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This text was initially printed on Chainwire

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