Anyone else interested in this project? Would like to hear others thoughts.

View Steemit Post -

https://steemit.com/ethereum/@o-0/tomocoin-what-you-need-to-know

Basic Links:
Site: https://tomocoin.io/
Telegram Group: https://t.me/tomocoin
White Paper: https://drive.google.com/file/d/1EAs7llLOpQx3YH1onvC4Qb107sIiztcm/view
Team: https://tomocoin.io/#team


How To Join Token Sale
Must be subscribed to email list
Join Telegram group
Participate in the following Proof of care campaign
https://medium.com/tomocoin/tomocoin-public-sale-proof-of-caring-campaign-announcement-43146273234e

Token Metrics
Total Supply: 100m
Circulating Supply: 50m
Hard Cap: $8.5m
Private Pre-sale : $7.5m
ICO: $1m
Token price: 1 TMC = $0.17[/li][/list]

Token Distribution
50% Token Sale
15% Team&Advisors (Vested over 4 years)
35% Reward Engine (Rewards to Network users, such as TomoApp)


What is TomoChain?
Tomochain is a blockchain infrastructure solution to the scalability with blockchain technology in general. Tomochain is a public blockchain with integrated smart contract functionalities (based on the Ethereum). It allows for nearly zero fee and instant transaction speed with public audibility of financial transaction records. It implements Proof of Authority and build nodes in multiple locations to make sure the database is in a highly secure immutable state.

What is TomoApp?
The Tomo application will be the first consumer application utilizing TomoChain blockchain infrastructure. Tomo application aims to build a new decentralized social network with a built-in cryptocurrency. In this social network, each contributor role is highlighted and rewarded; user privacy is respected and micropayments are easy, cheap and fast.

What is TomoCoin?
A big part of TomoCoin will be used in a Reward Engine and Ecosystem Building program as a reward for developers and early contributors. The Reward Engine, will allow Tomo application users to have a built-in economic incentive to create valuable content that will help “bootstrap” the social network’s knowledge base until a network effect kicks in. TomoCoin will gain a fundamental value by being the native crypto-currency of the social network. Each Tomo application account will integrate a coin wallet and will use this credit for financial transactions within the application.

Project Roadmap
Past (2017)
Q2 - Launch Tomoapp Alpha
Q3 - Launch Tomoapp Beta
Q4 - Ongoing Tomochain development
Q4 - Private Presale
Future Targets (2018)
Q1 - Ongoing Tomochain development
Q1 - Token Sale
Q2 - Ongoing Token integration
Q3 - Launch Tomoapp
Q4 - Launch Tomochain


Project Positives
$8.5m hard cap, a lot of room to grow from here
Long Vuong (CEO of Tomochain) is the co-founder the very successful of NEM blockchain project
Already has a working product https://tomoapp.com/
Aims to tackle scalability, currently the biggest problem in blockchain
Live testnet with public launch coming soon
All star team with a lot of experience
No private presale bonus
New apps add so much value to Tomochain

Project Negatives
Only 12% of tokens available for public sale (centralized holdings)
Limited access - only 1350 community members can invest in public sale
Social network market is hard to crack (Example Google Plus)

Conclusion
This project it has great potential for growth. After using the app and going as deep as possible into the technology I conclude the this project has huge potential upside. The all star team and project vision set it apart from its counterparts. It is unfortunate that the projects ICO is small and that the majority of the tokens will be held by private presale investors.

ICO rating: 92/100
Short term upside: BBB
Long term upside: AAA

Disclaimer
I am not a financial adviser. This post contents should not be taken as financial advice.
Information in this post has been sourced from tomocoin.io site and whitepaper.
Information is correct to the best of my knowledge, however inaccuracies could occur.

ETH last 6 - A835Fe

Looks like an interesting project, hope to learn more about it in the coming weeks.

Bitcoin is just over hyped. Maybe Elastos will be the next bitcoin.

If you want a long term safe investment I would go with ETH.

So many other projects are using the Ethereum network for their coins.

Very bullish on ETH and NEO right now. We could be looking at a 10k ETH over the next year when the upgrade happens and we see POS.

It could very well do it, the fact that ripple can go up to 120b market cap from 10b in a month shows how nearly anything could pass out bitcoin. Bitcoin is old tech and a waste on the worlds finite resources. It was good as a start, but now after a million developers got to work, bitcoin is outdated.

much more likely that ripple will go to 50b market cap than 250b

If you were not in ripple a few weeks ago, now is not a good idea to jump in. Even if it gets listed on Coinbase it could still crash.

Because its going up.

ETH is the best hodl for a someone with little experience.

This could be big. Great video posted by blockchain brad - https://www.youtube.com/watch?v=NzEJwAKezNM

If they can build a user-base it will be very successful.

Thank you, I hope this one is a good experience, we will see.

1 hour to go until the ICO, set up your wallets if you wish to participate.

Max cap is 70,000 ETH.

You might find this useful.
https://steemit.com/bitcoin/@o-0/what-you-need-to-know-about-the-everex-ico

For ICOs I normally put the max. Helps if you need to be fast.

Very hard to tell. I think there could be some better options at its current price.

Do you think it will sell out fast? Or maybe not at all?