tomiNet (TOMI): Creating a Truly Free World Wide Web

While the World Wide Web (WWW) was created to provide a censorship-free platform for people to express themselves without restrictions, interference by governments and large corporations has had the opposite effect.

Other than government restrictions, other challenges facing the internet today include a lack of data privacy, as personal data is being manipulated and leaked to third parties. By and large, freedom of expression, privacy and information on Web 2.0 has been severely compromised. Furthermore, web3, which was designed to bring about true decentralization through blockchain technology, is also affected by a lack of sovereignty as some of its components still rely on a centralized foundation.

However, tomiNet™ has created an alternative network that combines the strengths of Web 2.0 and web3 with a parallel web designed to deliver true decentralization to the internet.

Key Takeaways:

• tomiNet is focused on providing an alternative internet infrastructure to the World Wide Web that’s self-sovereign and self-funding.

• tomiNet's ecosystem is governed by the tomiDAO as Pioneer NFT holders and TOMI token holders work together to dictate the user's browsing experience.

What Is tomiNet?

tomiNet is a parallel self-governing internet network that provides an alternative to the current World Wide Web design in a bid to provide privacy and bring true decentralization to internet users.

Its platform strives to create an ecosystem comprising a decentralized browser and domain name system (DNS), advanced computing technology and a multi-chain wallet with the vision of creating a new internet era that will bring about true freedom of speech.

At the core of tomi’s vision of achieving decentralization is its use of the decentralized autonomous organization (DAO) concept of self-governance in blockchain without a central authority. Via the tomiDAO, Pioneer NFT holders first submit proposals, following which TOMI token holders vote on whether a site violates set guidelines, and whether or not it should be banned. Voting on tomiDAO is completely anonymous, free from any coercion or incentivization.

Furthermore, its fresh approach to a censorship-free internet combines Web 2.0 technologies, such as TCP/IP and DNS with web3 technology through the Ethereum blockchain to ensure a resilient, fast and low-cost browsing experience for users.

As with Bitcoin, the founders of tomiNet have chosen to remain anonymous, but the tomi team consists of about 96 members spread across ten locations worldwide. The team strongly believes that by remaining anonymous, tomi can be fully independent and function seamlessly through its DAO, ultimately achieving their dream of a censorship-free internet.

Source: tomiNet

tomiNet Key Features

As a full-fledged internet protocol, tomiNet is made up of the following key components.

Browser

The tomi Browser allows you to browse the web similarly to WWW, but with complete anonymity. By using a fork of Brave, you can open incognito windows, conduct private searches and use VPNs to ensure safe and highly private browsing.

tomiBrowser is integrated with IPFS open-source code from Tor for onion routing, and custom filter searches to enable a secure connection to tomi domains. It allows you access to any website, and can be used simultaneously with your regular browser. You can also create your own browser and integrate tDNS (see below) to support tomiNet for maximum user security.

tDNS

tomiNet’s decentralized Domain Name System (tDNS) allows users to purchase domain names through an auction. It’s fully controlled by tomiDAO to ensure decentralization and fairness in the distribution of the domain addresses.

tDNS not only represents a domain IP address, but it also unlocks multiple public addresses for use across several blockchains. Every tDNS address on tomiNet is minted as a non-fungible token (NFT) on Ethereum, making URL ownership unique and encrypted to prevent tampering.

tomiPay

tomiPay is a multi-chain noncustodial crypto wallet and payment system designed by tomiNet. It lets you conveniently buy, sell and interact with various tokens and DApps, and store NFTs. You can also use it to purchase tomi domains and interact with tomiNet.

As a multi-chain wallet, tomiPay currently supports tokens and NFTs on Bitcoin, Ethereum, Polygon, Avalanche, BNB Chain, Solana and Cardano. To promote privacy, tomiPay users don’t have to go through KYC. If they wish to complete KYC, however, they can choose their KYC providers so that they have a say in who has access to their data.

artDAO

artDAO is a sub-DAO for TOMI token holders that governs the artwork of the TOMI token and Pioneer NFT designs. Anyone can submit their artwork to be featured in the daily token issuance. Winning artwork is decided by voting by members of the artDAO. The designer whose artwork is sold that day as a Pioneer NFT receives 720 TOMI tokens, freshly minted by a smart contract, with their artwork printed on the tokens.

Besides voters, the artDAO also has a screening committee chosen by the main Pioneer DAO that ensures submitted work conforms to the community’s guidelines. The artDAO committee receives 180 TOMI tokens, while voters receive 180 TOMI tokens for each Pioneer NFT sale.

Source: tomi blog

tomiNet Tokenomics System

tomiNet tokenomics consists of TOMI tokens and Pioneer NFTs, which play various roles in the long-term sustainability and longevity of the platform’s ecosystem. 

Let’s look at these two components.

TOMI Token

TOMI is an ERC-20 token and the governance and utility token for tomiNet. Some of its use cases include:

• Powers voting in tomiDAO and artDAO

• Rewards users who contribute to tomiDAO

• Incentivizes developers through the tomiNet development fund

• Used to pay for tomi domain addresses

• Used to pay for transaction fees on tomiNet

TOMI tokens have no fixed total supply, though tomiDAO can choose to modify the issuance policies after the first five years. TOMI entered circulation through two ways, an initial minting event and continuous daily minting, both of which are pegged on the issuance of Pioneer NFTs. Every year, additional TOMI tokens equivalent to $10 million will be minted and deposited in the network's Development fund.

Based on the initial and daily minting, the team estimates that total supply in the first five years of the project will be 597 million TOMI tokens, distributed as follows:

• 18% to the founding team

• 7% to seed investors and initial contributors

• 33% to core team, advisors, developers and marketing

• 42% to public, distributors and tomiDAO

Pioneer NFT

tomi Pioneers are those who have embraced the tomi vision from the start. In recognition, an initial 1,500 Pioneer NFTs were issued in January 2023, with the initial purchasers receiving 18,000 TOMI governance tokens for each Pioneer NFT bought. Pioneer NFT holders control the tomiDAO with the power to decide how tomiNet operates.

Pioneer NFTs are also being sold daily through an auction at a rate of three, seven and ten in the first, second and third years of the project. From the fourth year, only one Pioneer NFT will be issued daily.

TOMI Token Price Prediction

As of Sep 19, 2023, TOMI’s price was $3.89, over a 2,400% increase from its ATL of $0.16 in mid-January 2023 and an approximately 40% drop from its ATH of $6.59 on Jun 6, 2023.

Price forecasting experts are pretty bullish on tomiNet. According to PricePrediction's forecast for TOMI in 2025, the token could hit $9.14 and increase to $54.79 in 2030. DigitalCoinPrice shares similarly bullish sentiments, with a TOMI price forecast of $14.00 in 2025 that could potentially increase to $40.92 in 2030.

Is tomiNet a Good Investment?

With the ever-increasing censorship and invasion of data privacy by governments and large corporations, tomiNet has a viable solution for internet users. Its alternative internet network brings decentralization back to the internet, giving users freedom of speech and control over what can be browsed.

Having also learned from its predecessors' mistakes, tomiNet has implemented censorship for detrimental and extremist content. Pioneers and TOMI token holders hold the power to regulate websites, preventing the formation of a dark web and harmful websites.

Furthermore, tomi’s partnership with Polygon will bring down the cost of using artDAO as voting fees will be substantially reduced. This collaboration will help drive adoption and bring the platform closer to achieving its vision of promoting free speech and a decentralized web.

Based on these factors, we believe that tomi is a potentially good investment. However, due to the crypto market’s volatility we highly recommend you do your own research before investing in TOMI or any other altcoins.

How to Buy tomiNet (TOMI)

You can buy tomiNet (TOMI) on the Bybit exchange as a spot USDT trading pair (TOMI/USDT). To do so, you’ll need to create an account on Bybit, get verified, and then deposit USDT funds using the various options available on the platform. Once your account is funded, you can proceed to the spot trading terminal and buy your TOMI tokens.

Closing Thoughts

tomiNet strongly believes in a self-sovereign and censorship-free internet. Through its decentralized browser and DNS, the platform has created an alternative to the highly invasive World Wide Web, which is always under the radar of governments around the world.

By leveraging the resilience of Web 2.0 architecture and the advanced privacy security features of various web3 technologies, tomiNet is a viable solution that could effect freedom of speech to a secure internet.

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