Review on TomoChain by Syed Adnan
The most efficient blockchain for the token economy.
It has the potential to succeed but will not have an easy path, the market has very strong competitors with more competitive advantages and network effects. Their solid execution and innovative development has been on point, which could be the differential factor towards competition.
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Considering the target market and the market cap of competitor's, It has good upside potential if it can attract dApp developers to build in their ecosystem and continue to develop new protocols and use cases for their network.
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Pros
- The team has shown strong development execution and a great focus on creating products and applications for the average user to participate in the ecosystem.
- Tomochain has been able to secure notable partnerships with other blockchain projects that will build their solutions in their network, as well as real-world companies to spread TOMO adoption and usage.
- Tomochain supports all EVM-compatible smart-contracts, protocols and atomic cross-chain token transfers, which means developers can easily migrate their dApps from Ethereum to Tomochain.
Cons
- It has a difficult path to gain market share in the infrastructure sector since there is a high number of strong competitors with more traction and funding.
