What Is TOMI (TOMI) and How Does It Work?
TOMI (TOMI) is the native utility and governance token of tomiNet, a Web3 project building an alternative, decentralized internet stack. tomiNet’s goal is to reduce reliance on centralized Web2 platforms by giving users and communities more control over identity, content, infrastructure, and online governance. TOMI acts as the economic backbone that aligns incentives across this ecosystem.
TOMI works by powering participation across tomiNet’s decentralized services. You use TOMI to pay for network services, access decentralized applications, and interact with Web3 infrastructure built within the tomiNet ecosystem. The token also supports staking and reward mechanisms that incentivize node operators, developers, and contributors who help maintain and grow the network.
Beyond utility, TOMI plays a key role in governance. Token holders can participate in DAO-based decision-making, voting on protocol upgrades, ecosystem funding, and strategic initiatives. This governance-first design ensures tomiNet evolves based on community consensus rather than centralized control, positioning TOMI as both a functional token and a coordination tool for a decentralized internet economy.
When Did tomiNet and TOMI Launch?
The tomiNet project and its native token TOMI (TOMI) officially launched in January 2023, marking the project’s public debut in the blockchain ecosystem. The token generation event (TGE) and initial distribution occurred around January 16, 2023 as part of the project’s early market introduction, with the token listing shortly thereafter on several exchanges.
tomiNet was developed by a team of experienced Web3 builders and contributors focused on creating a decentralized alternative internet governed through a DAO structure, though many core contributors initially remained pseudonymous in public communications. Since launch, tomiNet raised significant venture funding and expanded its ecosystem with additional infrastructure components and products.
tomiNet Roadmap Highlights
- January 2023: Token launch and initial distribution of TOMI.
- March 2023: Major funding round completed to support ecosystem growth.
- Mid-2023: Expansion of ecosystem products and services, including development of infrastructure tools and community governance models.
- Q3-Q4 2023: UX/UI improvements and community tools planned.
- Ongoing 2024-2026: Continued protocol upgrades, decentralized services launches, and community engagement initiatives.
What Is the TOMI Token Used for?
TOMI (TOMI) is the native utility and governance token of tomiNet. You use TOMI to pay for services within the tomiNet ecosystem, including access to decentralized infrastructure, applications, and network resources. TOMI also enables staking and incentives for contributors, while giving holders governance rights to vote on DAO proposals, protocol upgrades, and ecosystem funding decisions.
You can trade TOMI tokens on the
BingX spot market by funding your BingX account, searching for the
TOMI/USDT trading pair, and placing a
market or limit order. BingX provides real-time price charts, deep liquidity, and simple order tools, making it easy to buy or sell TOMI directly on the spot market.
What Is TOMI Tokenomics?
The TOMI (TOMI) tokenomics are designed to ensure the long-term sustainability, security, and growth of tomiNet. TOMI functions as the core economic engine of the ecosystem, aligning incentives between developers, users, and contributors who build and use decentralized websites, applications, and services on tomiNet. Instead of a traditional ICO or PoS/PoW issuance model, TOMI introduces a Proof of Mint (PoM) mechanism, where new tokens enter circulation primarily through the minting of Pioneer Club memberships, directly tying token issuance to ecosystem participation and growth.
TOMI’s utility spans governance, payments, and ecosystem incentives. The token is used for DAO voting and delegation, funding developers via the tomiDAO treasury, purchasing domains, paying for cloud services, and settling fees and transactions across tomiNet products and services. Additional TOMI issuance supports long-term development and adoption through annual developer funds, marketing airdrops, and community incentives, while founder and investor allocations follow multi-year vesting schedules. Importantly, future token utilities, minting rules, and unissued supply can be adjusted through DAO governance, keeping TOMI’s tokenomics adaptive and community-driven over time.