The project that fights to democratize blockchain and web3
Tomi is a Web3 company that focuses on developing solutions to make the vision of Web3 a reality.
The core team became interested in the idea of starting a project for Web3 after they saw how the government affected the neutrality of the internet by confiscating private property, allowing data silos to operate freely and forcing developers to share user data.
With team members located in more than 4 countries, the team quickly realized that these were not isolated cases, but a global reality.
When the internet was originally conceived back in 1989, it was meant to facilitate the sharing and storage of information by bringing people from all over the world together.
Although this goal has largely been met, the infrastructure that makes it possible has become highly centralized and outdated. Not only do governments and organizations like Google, ICANN, and ISPs have great power over it, but they have also been used to stifle free speech.
Monetary and political interests have prevented the internet from developing as it was supposed to, prompting many developers and free speech/privacy advocates to push for a new internet.
The result is Web3, a term that has become popular in recent years as it promises to be the new phase of Internet evolution.
Bringing an unprecedented level of decentralization, Web3 promises unmatched security, reliability, privacy and resistance to censorship.
This is what projects like Tomi are all about: Creating an alternative internet controlled by the community and for the community.
What is Tomi all about?
While most Web3 companies chose to focus on software-based solutions for Web3 development, the Tomi team found that the hardware aspect was overlooked.
Tomi was born as a result of the team’s realization that Web3 will require a holistic approach to succeed, requiring both software and hardware solutions to function properly. This led to them prioritizing the development of the MP1 server before expanding to other areas.
Since its founding, Tomi has not only successfully built its MP1 server, but also developed a multi-chain digital wallet, opened offices in 3 locations (New York, Tel Aviv and Islamabad), pre-sold over $2 million with “Pioneers” club” membership, raising more than $20 million.
Now the company is working on developing other solutions, including the MP2 server, to continue growing and supporting the Web3 movement.
What is MP1?
Tomi’s flagship at this time is the MP1 server. MP1 is a web3 interconnected machine that can fulfill multiple functions such as mining cryptocurrencies, hosting decentralized applications, training AIs, ray tracing processing and much more.
All of these features are readily available to the user while rewarding them for their mining, meaning no dedicated mining rig is required.
With incredible specifications such as 1200 TCP computing power, 500MH/s hash rate, the weight of 22.5 kg and power efficiency of 2W/MH, this server is every blockchain enthusiast’s dream.
As the MP1 server comes ready to mine out of the box, users of all levels will be able to reap the benefits of cryptocurrency mining without having to overcome the barrier represented by assembling mining equipment.
The MP1 server also comes with the added benefits of being more environmentally friendly than dedicated mining rigs, as it not only uses less energy and is more efficient, but can also be easily maintained in home environments. This means that less resources must be used for cooling and maintenance.
Tomi’s digital wallet
Anyone who has been a part of the blockchain space for more than a month is aware of all the different options available when it comes to digital wallets. While new users had to choose between hard, soft and paper wallets in the early days of blockchain, this decision is now more complicated than ever.
Tomi believes that by offering a powerful (but easy-to-use) multi-chain wallet in addition to the MP1 server, it can truly democratize blockchain technology.
As a multi-chain wallet, Tomi’s digital wallet supports some of the most popular and trusted blockchain networks out there.
At this time, the list of networks includes:
- Ethereum
- BSC
- BTC
- Cardano
- Polka dot
- Tezos
- Matic
- Solana
- Filecoin
- Flux
- Avalanche
This means Tomi’s wallet can easily be used to store and trade the world’s largest cryptocurrencies, connect to top dApps and access the most decentralized platforms out there.
While popular doesn’t always mean better, accessing all of these services is essential for any serious trader, investor or developer in the blockchain space.
By relying on a low number of networks, wallets like Metamask proved that congestion can be an extremely bad problem for blockchain users. When networks like Ethereum become heavily congested, not only do transactions get completed, but fees skyrocket. This is not a problem with a multi-chain wallet like Tomi.
Some of the features offered by Tomi’s digital wallet include:
- Biometric protection
- Pin Protection
- 2-factor authentication
- Custody by the user of their private keys
- NFT storage and library
- dApp browser
- Buy and trade crypto
- DeFi features
- Blockchain games
All in all, Tomi’s wallet comes with the features any crypto enthusiast needs, while offering a beautiful and user-friendly interface, top-notch security, and powerful multi-chain capabilities.
Tomi’s DAO structure
Decentralized Autonomous Organization (DAO) is a governance model that has gained popularity in the blockchain space in recent years.
This model allows users to participate in the decision-making process, making the growth of a project or business a collaborative process with the best interests of the community in mind.
Since Tomi’s mission is to allow the masses to compete with traditional centralized entities that have dominated the internet for decades, a DAO will be instituted to allow the community to control the future of Tomi.
This DAO will be awarded 7% of all profits, 15% of all revenue from Tomi’s pool, 51.5% of revenue from daily auctions and 50% of profit from the sale of servers and licenses. These resources will be available for the DAO to control and use as chosen by the community.
Users interested in participating in the DAO must have a Tomi Governance token, which will be used to create and vote on proposals. 7 users will be selected to participate in a select committee that will control a multi-signature wallet with the funds necessary for the implementation of approved proposals.
Tomi’s DAO will also be responsible for setting guidelines to prevent Tami’s services from being used for harmful purposes. This ensures that it is up to the community and not third parties to decide what content is allowed and what is not, ensuring total neutrality and transparency.
Finally, there is the governance model. Victoria VR operates as a decentralized autonomous organization (DAO), a model that has become increasingly relevant in the blockchain space.
What this means for users is that they are in front of the projects, helping to decide how it grows and develops. This further adds to the role that users play in deriving value from their interaction with the Victoria VR universe, taking it to a level that no other blockchain Metaverses can achieve.
Tomi makes blockchain work
Tomi is a project that has the best interests of the Web3 community in mind. By providing hardware and software solutions, the company enhances the growth of the Web3 ecosystem as a whole, while offering users a unique experience when engaging with it.
What sets Tomi apart is that instead of focusing on developing complex solutions that will be accessible to a few blockchain experts, developers and investors, it focused on making the space truly accessible.
The complexity of blockchain-based tools has always been the biggest challenge to mass adoption, but with services like the wallet and MP1, Tomi allows everyone to easily join the space.
With Web3 continuing to gain traction, companies like Tomi are likely to play an increasingly relevant role in helping decentralized technologies like blockchain and Web3 fulfill their purpose.
Community, ease of use and benefits are all aspects that Tomi already offers to make it a reality.
