From Investing.com: 2024-04-10 13:30:45

Innovative Web3 social platform Tomo partners with industry leaders, raises seed funding of $3.5 million led by Polychain Capital. Investors include Consensys, Symbolic Capital, and KuCoin Ventures. Tomo introduces unique features like Tomoji ERC-404 Launchpad and TomoID social wallet for creators and businesses, enhancing user engagement and monetization opportunities.

Tomo launches ERC404 Meme Launchpad called Tomoji, collaborating with artist Sean Kyah Koons to release ‘LONG’ dragon-themed NFT collection. Tomoji allows fractionalization of NFTs, increasing market liquidity. Tomoji offers minting, gifting, trading capabilities, and NFTs are tradeable on exchanges, providing an interactive platform for users to engage with digital art.

Tomo introduces TomoID, a social wallet for content creators and businesses, featuring link-in-bio tool and affiliate program for crypto commissions. TomoID allows users to showcase profiles across platforms like Tomo, X, Instagram, and TikTok. Tomo also introduces Tomo Points as a reward system for active engagement with the platform.

Founder Ryan Fang shares Tomo’s vision of revolutionizing SocialFi with innovative features like the Tomo mobile app, account abstraction technology, self-custody, fiat onramp, and more. Investors like Polychain Capital and ConsenSys recognize Tomo’s role in introducing new users to Web3, optimizing value distribution in the social media space, and empowering creators and fans.

Read more at Investing.com: Tomo Raises $3.5 Million in Seed Funding Led by Polychain Capital, Announces Tomoji Launchpad and TomoID for a Revamped Social Wallet Experience