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Tomarket Sows Seeds Of Innovation On TON Blockchain

Tomarket Sows Seeds Of Innovation On TON Blockchain

Bitget Academy2024/07/11 07:59
By:Bitget Academy

Tomarket is a new platform that is making waves by bringing unmatched innovation and growth potential to the market. With support from Bitget Wallet and Foresight Ventures, Tomarket is poised to transform the way assets are traded via its decentralised marketplace designed for trading innovative asset classes including Real-World Assets (RWA), crypto bond yields, points, and pre-circulation tokens.

The New Gen Of Farmers

Tomarket is inspired by the timeless concept of farming that is now reimagined for the digital age. The name Tomarket is a clever blend of Tomato and Market, which symbolises both growth and fertility, and the rich potential of a flourishing ecosystem. Tomarket empowers a new generation of digital farmers - crypto farmers, who cultivate, trade, and harvest valuable digital assets, in the same manner that traditional farmers cultivate their crops with care, patience, and dedication and reap the rewards of their hard work.

In this context, the tomato is more than just a fruit; tomato represents growth, resilience, and the idea of something ripe and ready for harvest. Tomarket aims to create a nourishing environment where new asset classes can thrive and reach their full potential. The market aspect signifies a bustling hub where digital farmers can trade some of the most valuable "fruits" in the crypto world.

Launching on the TON blockchain was a strategic decision to utilise Telegram's vast and engaged user base as an ideal fertile land for Tomarket's farmers. The Open Network (TON), initially developed by the team behind the popular messaging app Telegram to integrate cryptocurrency and blockchain functionality into the Telegram ecosystem, offers a seamless user experience and access to a massive, tech-savvy audience. By leveraging TON's robust infrastructure, Tomarket can foster community engagement and accelerate the adoption of its innovative marketplace. Here, the fields are ripe, and the harvest promises to be abundant for those who join this new generation of digital farmers.

Bringing RWAs And More To Telegram The Based App

Tomarket is transforming the way we approach asset trading by integrating seamlessly with Telegram, the largest home for crypto enthusiasts, and also pioneering the future of asset trading on a platform that is becoming the ultimate crypto-based everything app. Telegram is evolving into a comprehensive crypto-based everything app thanks to the introduction of the TON blockchain, and with Tomarket's innovative solutions developed exclusively for today’s trading landscape, Telegram users can easily and conveniently enjoy the rapid advancement of this "based" app.

One of the primary challenges is liquidity and price discovery enhancement. Traditional markets often struggle to provide sufficient liquidity and transparent pricing for new asset classes, leaving holders of assets such as points, pre-circulation tokens, and RWAs unable to accurately determine their value. Tomarket’s decentralised marketplace improves liquidity and enables fair price discovery through a community-driven approach to make sure that that prices reflect real market demand as well as providing the much-needed transparency and reliability.

Security and trust are also major concerns in over-the-counter (OTC) trading of illiquid assets, where the risk of fraud and non-delivery is significant. Tomarket addresses this by implementing a dual-collateral system that requires both parties in a transaction to provide collateral. This mechanism guarantees secure trades and is akin to traditional futures markets, where the rights of buyers and the obligations of sellers can be traded and settled securely.

Finally, Tomarket provides early access to new assets - a significant advantage for investors who often struggle to gain entry to promising opportunities before they hit mainstream markets. The platform facilitates pre-trading, which allows users to engage with new assets from their inception. This feature enables early price discovery and market engagement for value capture from the very beginning, thus benefiting both users and project teams alike.

Tomarket's Growth Potential

The growth potential of Tomarket is immense, especially given the expansive opportunities provided by the TON blockchain. According to DefiLlama, the Total Value Locked (TVL) on TON stands at over $710 million as of July 10, 2024 compared to Ethereum's $53.21 billion or Solana's $4.39 billion, and remember that projects on these two chains most likely have to take advantage of Telegram's user base of tech and crypto enthusiasts! As this figure alone highlights the substantial opportunities for expansion on TON, the promising future of integrating Tomarket into this multifunctional app cannot be overstated.

Tomarket's growth metrics so far have been nothing but impressive. Within just 5 days of launching its Telegram Drop Game, Tomarket attracted over 1 million users - a rapid adoption showing the platform's appeal and high demand for new asset classes trading. To put this into perspective, it took other platforms considerably longer to reach the same milestone: 11 days for Blum, 12 days for Yescoin, 22 days for Hamster Kombat, 29 days for CatizenAI, and 34 days for TapSwap. Gave Tomarket another day and its Telegram Drop Game captivated another 500,000 users, bringing the total number of players after a mere 6 days to over 1.5 million users. This success reflects the effectiveness of leveraging Telegram's vast, engaged user base and showcases the strong interest in Tomarket's offerings.

As more users join the TON Network, Tomarket is poised to benefit from increased adoption and further solidify its position as a leading marketplace for new assets. The convenience of using an all-in-one app like Telegram, combined with Tomarket's rapid user growth, ensures that the project has substantial room to grow and thrive in this dynamic environment.

The backing of Bitget Wallet and Foresight Ventures also significantly increases Tomarket's growth potential. Bitget Wallet, after transformed into a full-stack DeFi ecosystem, prioritises maximum security, enhanced liquidity, and a seamless mobile-native user experience. Its advanced infrastructure aggregates liquidity from multiple sources, improving the trading experience on Tomarket. Meanwhile, Foresight Ventures provides blockchain expertise and market insights, guiding Tomarket's innovation and ensuring a strong foundation for this project's continued expansion.

Why You Should Start Playing Tomarket's Telegram Drop Game Now

Tomarket's Telegram Drop Game is a unique, engaging experience that not only entertains but also rewards participants. This Telegram Mini App game, launched on July 04, 2024, has already drawn in over 1.5 million users with its Tap2Earn mechanics. Players earn TOMATO tokens by farming, playing the drop game, daily check-ins, inviting friends, and completing tasks.

What makes Tomarket's Telegram Drop Game such a hit (or why you shouldn't miss it):

Exclusive Rewards: During the official launch campaign running until 6:00 AM (GMT) on July 17, 2024, players who check-in for three consecutive days and refer three friends will receive a massive mystery gift and a 20% bonus on all check-in rewards forever. This limited-time offer provides an excellent opportunity for early adopters to maximise their rewards and benefit from ongoing incentives.

Rapid User Growth: With over 1.5 million players in just six days, the community is growing at an unprecedented rate. Joining now means being part of a vibrant, active user base. The early momentum indicates strong user interest and engagement and signals a perfect time to join and participate in the community's growth.

Future Benefits: TOMATO tokens earned in the game will be converted to the official Tomarket tokens at a later stage so as to give early adopters significant advantages. Participating in the Drop Game now allows users to accumulate TOMATO tokens, which will hold substantial value in the future as the Tomarket platform continues to expand and integrate new features.

Final Words

Tomarket is not just a marketplace; it is a community-driven revolution in asset trading. With its innovative solutions, rapid growth, and engaging user experiences, Tomarket is set to redefine how we trade new asset classes. Don’t miss out on this opportunity to be part of the next big thing in decentralised finance. Stay ahead of the curve with Tomarket, where the future of asset trading begins.

 

For more details on the project, visit Tomarket's Official Website.

For more information and to start playing, visit Tomarket's Telegram Drop Game.

 

Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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