10 Reasons To Buy TomoChain In 2021

TomoChain is a scalable blockchain-based on Proof-of-Stake voting consensus. Over the past few months, TomoChain’s adoption has soared and is being used for commercial purposes globally. TomoChain has other features that keep interest high. For example, it allows for instant transactions with low fees. Furthermore, the platform hopes to craft a transparent and efficient financial system for everyone.

The TomoChain mainnet went live in late 2018. At the time, it had only five complete nodes. But, since then, the platform has witnessed several upgrades, extensions, and alliances. As a result, multiple projects have adopted the scalable blockchain platform.

TomoChain’s impact became tangible to the crypto community, and over the last few months, its followership has seen a massive increase. TomoChain’s Twitter now boasts over 70k followers. In addition to a growing user base, it also has a high user satisfaction rate.

Why is TomoChain a Good Project?

TomoChain serves as a platform for high-performance blockchain projects. It also allows developers to build efficient decentralized applications (dApps). TomoChain operates a robust ecosystem that includes an energy exchange where users can trade energy. Furthermore, it also runs a healthcare record system where patients have full control of their data.

The scalable platform does well in speed too. In terms of transaction efficiency, Tomochain ranks amongst the best platforms. It has a high transaction speed of 2,000 transactions per second. It also has a two-second block time and cheap transaction fees.

The platform also employs the proof-of-stake consensus mechanism. This allows stakeholders to secure the chain while earning TOMO as a reward. In addition, stakers have a chance of earning a passive income of up to 7% annual interest. They only have to stake the TOMO token on the TomoMaster contract. And you can stake directly from the Tomo Wallet.

AEX Lists TomoChain

AEX is a digital asset management platform that offers users transparency and key market insight. Founded in 2013, the platform has a reputation for protecting its users’ assets. As a result, AEX has stayed clear of security challenges such as hacks and seems like a good destination for projects seeking security.

AEX recently listed the TOMO token on its platform. Furthermore, a TOMO/USDT spot trading pair started on April 21. Users could deposit their TOMO tokens from April 20. As part of its listing, AEX announced a series of bonuses for TOMO traders. Furthermore, a reward pool of $800 equivalent TOMO will be shared between users who make a net deposit of any amount of TOMO from April 20 to April 27.

From April 22, users have a chance to earn huge rewards from the TOMO – USDT liquidity pool. Participating in the pool makes users eligible for a 1500% + Genesis APR.

More Rewards for Participation

The platform also announced a TOMO trading contest which would kick off from April 22, 2022, 9:00 a.m. – to April 27, 2022, 9:00 a.m. (UTC). Participants are eligible to claim a $23,200 Equivalent GAT. Users who trade in the TOMO/USDT spot trading pair will get a qualification for the bonus. The first-place winner will receive GAT equivalent to $3,200. Also, the second through fifth place winners will share GAT equivalent to $3,000; the sixth through fiftieth place winners will share GAT equal to $7,000. Finally, the remainder will be distributed among other TOMO traders.

Users who participate in community activities stand a chance to win an extra $500 TOMO reward. Also, users who join the AEX official English telegram group and take part in the AMA Q&A interaction will be eligible to win $500 TOMO.

Finally, AEX will distribute the prizes within 15 working days of the event’s conclusion. The platform noted that it reserves the right to disqualify a user who engages in any form of malpractice.

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The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. This article has been sponsored by TomoChain. Copyright Altcoin Buzz Pte Ltd.


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