tomi Raises $40M in Funding Round

tomi

tomi, a DAO-governed alternative internet network, secured $40m in funding.

The round was led by DWF Labs, with participation from Ticker Capital, Piha Equities, Japanese crypto whale and community leader Hirokado Kohji and additional private investors.

The company intends to use the funds to facilitate the onboarding of content creators and publishers to the network, and further develop technologies ensuring the privacy of tomiPAY users and tomiDAO members.

Led by an anonymous group of eight senior crypto veterans, tomi offers a DAO-governed, surveillance-free alternative to the World Wide Web. tomiNet leverages DAO governance to foster community-driven censorship of the more illicit activities that run rampant on the most prominent alternative internet networks today. Terror, child porn, and other forms of violence are among the categories on the guidelines to be voted down by the DAO. 

FinSMEs

21/03/2023