The First: Decentralized Anonymous Ecosystem TOMI's Road to Freedom

One of the earliest value propositions of blockchain is to enable consenting parties to conduct transactions freely and privately. Although Bitcoin and Ethereum do provide instant and non-intermediated transactions, their public ledgers enable governments and enterprises to fully track transactions. Based on the yearning for a free economy and a deep insight into the current internet environment, on April 19, 2023, Tomi, an anonymous project led by eight cryptocurrency veterans such as PRNewswire and PRWeb, launched its encrypted privacy layer TPL, deciding to create a new, decentralized internet ecosystem.
Tomi is a DAO-managed, unmonitored Web3 infrastructure. The anonymous team behind it has launched the tomi privacy layer (TPL), an encrypted layer 2 protocol that allows users to conduct private transactions on Ethereum. On October 17 , 2024, The First digital trading platform announced the launch of Tomi and opened the TOMI/USDT spot trading pair.
What is TOMI?
Tomi has created a complete alternative to the World Wide Web, combining the best Web2 and Web3 technologies to achieve privacy protection, autonomy, and self-financing of the Internet. Anyone can access this parallel network through the Tomi browser, thus getting rid of the surveillance and control of large organizations that have dominated the World Wide Web. Tomi is not reinventing the entire infrastructure, but adopting the basic building blocks of the network and supplementing them with governance, cryptocurrency, identity, and privacy layers, allowing people who use TomiNet to become network managers through direct democratic DAOs.
The TOMi project covers multiple core components, including the new Internet TomiNET, the supercomputer Tomi MP1, the Domain Name System tDNS, and the digital wallet TomiPay.
TomiNET is a brand new internet managed by Decentralized Autonomous Organization (DAO). It uses its self-built advanced decentralized Domain Name System (tDNS) and IPFS technology to achieve a free network that cannot be controlled or restricted. The TomiNET browser combines the best technologies of Web2 and Web3 to protect user privacy and achieve autonomy for user data and the internet.
Tomi MP1: This is a mini supercomputer and also the flagship product of TOMi's hardware solution. It has powerful computing capabilities and can perform efficient and high-performance computing tasks, such as complex simulation, realistic rendering, real-time ray tracing, etc. Users can also receive generous rewards from Tomi mining while using Tomi MP1.
TDNS: This is TomiNet's decentralized web3 DNS, which achieves that no entity on the network can control the address after passing through through encrypted NFTs and actual addresses on the chain. TDNS is controlled by Tomi's pioneers through DAO to ensure freedom of speech from censorship.
TomiPay: This is a powerful and user-friendly multi-chain wallet that supports some of the most popular and reliable blockchain networks. TomiPay can be used to store and trade cryptocurrency, connect top DAPPs for defi mining, play decentralized games, and more.
II. TOMI operation mode
One of the earliest value propositions of blockchain is to allow consenting parties to conduct transactions freely and privately. Although Bitcoin and Ethereum do provide instant and non-intermediated transactions, their public ledgers enable governments and businesses to fully track transactions. This blind spot has led to the development of privacy coins such as Monero and Zcash, as well as the development of privacy layers on top of major L1 blockchains, which promote cautious transactions away from Big Brother surveillance. However, such L2 on Ethereum does not allow users to communicate directly with Ethereum.
Now, anyone can directly conduct private transactions and smart contract execution on Ethereum applications through TPL. TPL's privacy-enhancing technology enables users to prove the validity of claims without revealing any sensitive information. The operation mode of the TOMi project mainly revolves around its four core components, achieving collaborative work between components in a decentralized manner.
Decentralized Autonomous Organization (DAO): TOMiDAO is the guiding and governing body of the project, responsible for all decisions related to TomiNet. It protects members from coercion or other forms of bribery through a completely decentralized and secret voting system. The DAO community will control and use a portion of the project's revenue for management, development, maintenance, and rewarding the community.
Pioneer Members: As the first batch of DAO members, Pioneers are the main participants in building hardware and software. Their votes are non-transferable but can be delegated, and voting rights can be assigned to another Pioneer. TOMi will launch a top-level NFT series collectively owned by Pioneer members.
TOMI Token is the core economic model of the project, aimed at ensuring the long-term self-sustainability, security, and longevity of the project and its ecosystem. Tokens can be used for DAO voting and delegation, rewarding network contributors, development funds, purchasing domain names, paying Cloud as a Service fees, etc. The distribution and use of tokens will be determined by TomiDAO.
Incentive Mechanism: The TOMi project attracts extensive participation from developers and community users by providing generous mining rewards, governance tokens, and other means. At the same time, the project also enhances User Experience and ecosystem value through continuous technological innovation and optimization.
TPL is the latest product in Tomi's broader privacy protection toolkit launched under the protection of its alternative internet ecosystem, tomiNET. tomiNet has opened up a new world for the internet, where Google and Facebook cannot control people's identities, Amazon cannot crush small businesses, nor host more than one-third of the world's data, and governments and businesses cannot monitor. TomiNet threatens businesses, legal currency systems, and power and data brokers around the world. Therefore, more than 90 Tomi team members feel that their security may be threatened for various reasons and choose to follow in Satoshi Nakamoto's footsteps to remain anonymous.
III. TOMI team introduction
Tomi is a decentralized project led by a core team that can be replaced by a governance DAO. The core team is a group of developers responsible for the development, operation, and continuity of the project, with a term of 4 years. After the first term of the core team, a core team nomination election will be held, and the DAO will elect team members they deem appropriate for the next four years.
If the team fails to serve the tomi ecosystem according to the DAO's wishes, tomiDAO can also replace the core team or team members between terms by an absolute majority decision. The core team will be responsible for all aspects of project management that are not directly within the scope of tomiDAO's responsibility, such as maintaining and developing the ecosystem and community, developing new features and tools to improve decentralization, tracking project finances, marketing and sales work, etc.
On March 22, Tomi completed a $40 million financing led by DWF Labs, Ticker Capital, Piha Equities, and Japanese crypto investor Hirokado Kohji.
IV. TOMI Token Economics
TOMI is the token of Tomi, aimed at ensuring the long-term self-sustainability, security, and longevity of the project and its ecosystem, and providing sufficient compensation and rewards to attract large-scale adoption by developers, as well as the community and users. The main role of the Tomi token in the TomiNet ecosystem is:
DAO voting and delegation (for members of TomiDAO).
Reward network contributors through TomiDAO's vault.
Development Fund (an automatically generated fund controlled by TomiDAO, used only to incentivize development on the platform).
Purchase a domain name on TomiNet.
TomiNet Cloud as a Service Payment.
Pay for products and services in TomiNet.
Pay fees related to TomiNet and Tomi ecosystems.
TOMI tokens do not have a fixed total supply, but TomiDAO can choose to modify the publish policy after the first five years. TOMI enters circulation in two ways: initial minting activities and continuous daily minting, both of which are tied to the publication of pioneer NFTs. Each year, an additional $0 worth of TOMI tokens will be minted and deposited into the network development fund.
Based on the initial and daily minting, the team expects the total supply of the project for the first five years to reach 597 million TOMI tokens, distributed as follows:
Founding team: 18%
Seed Capital and Initial Contributors: 7%
Core team, consultants, developers, and marketing teams: 33%
For the general public, resellers, and TomiDAO: 42%
Future Value Analysis of TOMI
Against the backdrop of increasing data censorship and privacy violations by governments and large enterprises, tomiNet has brought a practical solution to internet users. It builds an alternative internet network, reintroduces the concept of decentralization to the internet, gives users the right to freedom of speech, and gives them complete control over their browsing content.
TomiNet has learned valuable lessons from the failures of its predecessors and implemented strict censorship mechanisms for harmful content and extremism. This measure aims to prevent the proliferation of the dark web and harmful websites. In this system, pioneers and TOMI token holders play an important role in regulating websites, jointly maintaining the health and order of the network.
TOMI can be said to be a good Web3 investment project. If you are interested in the WEB3 privacy solution and see the future potential of this track, TOMI may be a good investment direction. Currently, you can buy and sell TOMI tokens on The First, which provides convenient digital currency trading services. Registering with The First now can also enjoy a no-threshold registration red envelope and direct deposit of spot tokens.