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After a Successful IDO, TOMI Token is off to a Flying Start By BTC Peers

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After a Successful IDO, TOMI Token is off to a Flying Start

Investors have shown a keen interest in the TOMI token since the team decided to launch presale access through an NFT collection. This NFT collection was a great way for the team raise funds and to decrease its TOMI token supply. The presale has seen a 56.655% value increase over 24 hours. This is a confirmation of the project’s success.

The TOMI IDO Is A Huge Success

The Tomi team took an unusual approach to launch its token presale. Instead of launching it all in one round the Tomi team chose to do three, with different prices as dictated by market conditions. Each round of TOMI took 30 minutes. This made it very short for presales. Because it allows faster transactions and lower fees, trading took place on the SushiSwap platform.

According to DEXTools, the TOMI token has 485 current holders. This is a good sign that initial interest was successful. It didn’t take too long before all three rounds of the presale sold out. The team also allocated 750,000,000 TOMI to SushiSwap’s initial pool. Today it is at 4.922 million. This shows that users want to buy the token instantly and pool them for liquidity benefits. The overall daily volume for this pool is over $8.4 million, indicating there is a very solid demand for TOMI..

What investors will be mainly interested in is figuring out whether they made the right investors. It is remarkable to note that the ROI for the TOMI pool at SushiSwap has remained above 54,600%. It is undoubtedly a significant return on investment, and will be a source of happiness for many. Both the TOMI IIDO token trading and its subsequent trade are huge successes.

In terms of trading volume, Tomi heroes NFT Collection reached over 450 Ether. To reduce the supply, the Tomi team has used the proceeds of these sales to buy TOMI. The burn transaction occurred through address 0x000000000000000000000000000000000000dead , making it easy for everyone to monitor this process occurs and how many tokens have been destroyed forever.

Liquidity Renouncement

Per a recent announcement, the Tomi team decided to let the community handle how the liquidity across decentralized exchanges is used and distributed. The master address has received all the SushiSwap liquidity. Additionally, all 600 ETH that was in the liquidity pool has been used to purchase TOMI and increase the token’s native value.

The tokens collected by TOMI will be used for community engagement and growth. This is a huge step forward in the project’s development. Now, the team looks at new ways to create community-oriented activities such as airdrops and staking rewards. Now that Tomi’s liquidity is in the hands of the community, the team will be able to focus on development and community growth. TOMI is on its way to realizing its vision of becoming a project that’s for people and by people.

Future Outlook For Tomi

The successful NFT sales and IDO sales are just the first steps for the Tomi team. The rest of the development effort is focused on expanding the ecosystem. Tomi’s solution not only brings value to TOMI owners, but it also helps transform DeFi/cryptocurrencies ecosystems for the better. The team believes that everyone should have access to wealth. It is essential to build a community that supports such initiatives and provides the resources necessary to do so.

TOMISwap is the first project you should be looking forward to, and it will launch in October 2021. It allows users to exchange assets between multiple blockchains, at high transaction throughput and low fees. It is built on but will not suffer from high gas usage after its goals have been realized. Transaction fees are to be capped at 0.3%. Those fees will be split as follows:

  • 66.6% will go to liquidity providers
  • 16.6% goes to governance token stakers
  • 8.3% goes to TOMISwap user giveaways
  • 8.3% is used for TOMIFundMe

That brings us to TOMIFundMe, the second pillar of this ecosystem. TOMIFundMe can be used to support business ideas by voting for TOMI holders. ToMISwap will split the 8.3% transaction fee to support eligible projects. Tomitomi wallet holders will have the opportunity to witness and participate in next-generation crypto projects.

Tomi’s October schedule will include the launch of TOMISwap, which is only one part of their roadmap. TOMI Staking will be introduced by the team, providing another incentive to token holders. TomiFundMe’s Q1 2022 release will be followed by Tomi’s native blockchain launch Q3 2022.

To find out more, visit the TOMI website at https://www.tomitoken.org/main.html

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