Tomo, an innovative Web3 social platform, has successfully raised $3.5 million in seed funding led by Polychain Capital. The round also saw participation from industry leaders such as ConsenSys, Symbolic Capital, OKX Ventures, Nomad Capital, Story Protocol, dao5, KuCoin Ventures, and HTX Ventures.

Introducing Tomoji and TomoID

Tomo's mission is to pioneer a multi-chain Web3 social wallet that unlocks unique blockchain-enabled opportunities. The platform aims to provide a seamless user experience while fostering new ways of connecting, gifting, and creating in the digital realm.

To expand its creative offerings, Tomo has launched the ERC404 Meme Launchpad on Base chain, named Tomoji. This first-of-its-kind launchpad allows for the fractionalization of NFTs, enhancing market liquidity and offering a more flexible approach to ownership.

In collaboration with artist Sean Kyah Koons, Tomoji introduced a premier dragon-themed collection called 'LONG' on its launchpad. Tomojis provide seamless minting, gifting, and trading capabilities, giving users an intuitive and interactive platform to engage with digital art. Additionally, Tomojis are tradeable on exchanges.

Alongside Tomoji, Tomo has introduced TomoID, a social wallet for content creators and businesses. TomoID features a link-in-bio tool and an affiliate program for crypto commissions. Users can place their unique TomoID in their social media bios, linking to a page with their profiles across platforms like Tomo, X, Instagram, TikTok, and more.

Rewarding User Engagement

Tomo offers a reward system in the form of Tomo Points, encouraging active engagement with the platform's features. This system serves as appreciation for the loyalty and contribution of early participants.

Olaf Carlson-Wee, Founder and CEO of Polychain Capital, highlighted the investment's alignment with their philosophy of backing projects that enable new behaviors. He recognized Tomo's role in introducing an immense new user base to the Web3 space and optimizing the distribution of value created at the intersection of creators and fans.

Seamless Web3 Experience

Tomo's application offers accessible onboarding, interactive experiences, and earning opportunities. The platform creates a transparent marketplace for social capital where users can engage in authentic and financially rewarding interactions.

The platform features a native mobile app for iOS and Android, a Web version beta, account abstraction technology, self-custody, seamless cross-chain bridging, and user-friendly fiat onramp capabilities. Signing up is straightforward, with options like X, Apple, Google, and Galxe accounts.

Tomo simplifies the introduction to the blockchain by automatically setting up non-custodial wallets using ERC-4337 technology and operating on secure Linea and Base rollups. The 'Keys' system in Tomo allows users to purchase unique access to creators' content and direct messaging, with a 10% royalty fee split evenly between Tomo and the creators, contributing to a sustainable economy.

Other features include public stories for key holders, group chats, direct messages, and simple ETH transfers.

Industry Support and Vision

Marco Monaco of ConsenSys commended Tomo's SocialFi strategy and innovative Web3-native ideas. He highlighted Tomo's approach as a significant advancement in dApp design, demonstrating how SocialFi can empower users and creators.

The founder of Tomo, Ryan Fang, expressed excitement about the support from investors, enabling the company to innovate in the SocialFi landscape. He emphasized Tomo's vision of building a platform where every connection is valued, direct, and financially rewarding.

With its unique offerings and industry support, Tomo aims to revolutionize the social media experience by integrating financial incentives and blockchain technology, fostering a new era of digital engagement and monetization.