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Tomo Raises $3.5M in Seed Funding Led by Polychain Capital, Publicizes Tomoji Launchpad and TomoID for Enhanced Social Pockets Expertise

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Los Angeles, United States, April 10, 2024, Chainwire

Web3’s revolutionary social platform Tomo collaborates with trade leaders, reinventing social media monetization and engagement

Tomo, an all-in-one Web3 social utility, declares the profitable shut of its seed funding spherical led by Polychain Capital. Traders included trade leaders similar to Consensys, Symbolic Capital, OKX Ventures, Nomad Capital, Story Protocol, dao5, KuCoin Ventures and HTX Ventures. With an emphasis on integrating monetary incentives into social media by blockchain, Tomo presents an advanced social expertise with its distinctive choices, Tomoji – the primary of its sort ERC-404 Launchpad on Base, and the multi-functional TomoID social pockets.

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Tomo’s founder, Ryan Fang, shares the imaginative and prescient, saying, “We’re excited concerning the help from our traders that permits us to innovate within the SocialFi surroundings. Tomo’s mission is to advertise the Web3 multi-chain social pockets that unlocks distinctive blockchain alternatives. We try for seamless person expertise whereas supporting new methods of connecting, giving and creating. Our imaginative and prescient extends to constructing a platform the place each connection is valued, direct and financially rewarding.”

Increasing its artistic horizons, Tomo just lately launched an ERC404 Meme Launchpad on the principle chain referred to as Tomoji. Artist Sean Kyah Koons, in collaboration with Tomoji, offered a premiere dragon-themed assortment referred to as ‘LONG’ on the Tomoji Launchpad. Tomoji allows fractionation of NFTs, rising market liquidity and providing extra versatile entry to possession. Throughout the Tomoji Launcher, Tomojis present seamless coinage, gifting and buying and selling choices, offering customers with an intuitive and interactive platform to interact with digital artwork. As well as, Tomoji are tradable on exchanges.

Following this, Tomo is introducing a brand new function, TomoID, together with a funding milestone. TomoID is a social pockets for content material creators and companies that features a link-in-bio software and an associates program for cryptocurrency commissions. Customers can place their distinctive TomoID of their social media bios and hyperlink to their profile web page throughout platforms similar to Tomo, X, Instagram, TikTok and extra. To enhance these improvements, Tomo presents a reward system within the type of Tomo Factors, which inspires lively engagement in Tomo options and serves as a reward for early adopter loyalty and contribution.

Olaf Carlson-Wee, founder and CEO of Polychain Capital, shared his insights on the funding, noting: “At Polychain, we help founders and tasks that allow new behaviors. Our funding in Tomo is in step with this philosophy as we acknowledge Tomo’s position in bringing an enormous new person base to the Web3 house. Tomo provides monetary incentives to the suggestions already constructed into social media apps, optimizing the distribution of worth created on the intersection of creators and followers.”

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The Tomo app presents accessible onboarding, interactive experiences and incomes alternatives. Tomo creates a clear market for social capital the place customers can have interaction in genuine and financially rewarding interactions. The platform encompasses a native cell app for iOS and Android, an online beta model, account abstraction know-how, customized administration, seamless cross-chain bridging and user-friendly fiat onramp options. Signing up is simple with choices like X, Apple (NASDAQ: ), Google (NASDAQ: ) and Galxe accounts. Tomo simplifies introduction to blockchain by robotically organising non-custodial wallets utilizing ERC-4337 know-how and working on safe Linea and Base rollups. Tomo’s ‘Keys’ system permits customers to buy distinctive entry to creator content material and direct messages. Transactions involving these keys carry a ten% royalty, break up equally between Tomo and the creator, contributing to a sustainable economic system. Different options embrace public tales for key holders, group chats, direct messages and easy ETH transfers.

ConsenSys’ Marco Monaco commented: “Tomo’s SocialFi technique is not only one other fork within the ‘connection curve.’ The group focuses on the social facet with a transparent imaginative and prescient and revolutionary concepts native to Web3. This funding shouldn’t be solely concerning the group, but additionally concerning the know-how stack that serves as a reference implementation for dApps to carry thousands and thousands to Web3: cell functions, account abstraction, clear bridging, self-management, fiat onramp and cooperation with the Linea ecosystem. Tomo’s method marks a big advance in dApps design and reveals how SocialFi can empower customers and creators.’

About Tom:

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Tomo is an all-in-one Web3 social utility that transforms customers’ on-line presence right into a common social pockets that helps real, spam-free connections and monetary incentives. Tomo permits customers to speak straight with creators, take part in personal discussions and discover the following era of digital artwork with Tomoji. Lively participation earns customers Tomo factors, rising your social capital. Be part of Tomo the place your social capital is valued.

Web site – https://tomo.inc/

Weblog – https://medium.com/tomoinc

Docs – https://docs.tomo.inc/

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

Beta Web site – 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

LONG – https://betterbelong.io/

ContactPR supervisorMilena RepaTommilena@tomo.inc

This text was initially revealed on Chainwire

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