TomoChain Weekly Recap 15/2/2021-21/2/2021
February 2021 witnesses a huge uptrend for not only many cryptocurrencies but also for blockchain technology. Embracing this rise, TomoChain has also been on a high note with materials and achievements that caught up with the market.
New year, new name. TomoChain officially obtained a new title as TomoChain Lab Pte. Ltd., catering to the demand of further pursuing the blockchain possibilities in a wide range of areas.
TomoFinance, a TomoChain-based DeFi project, is set to launch in Q1 2021. This project will adopt Tomochain as the main chain, issue the same chain-based stable coin for the first time in history, and build the infrastructure of Tomochain DeFi.
TomoChain continues to provide a bedrock for any blockchain-based project to grow. The number of ZoidPay’s downloads, another blockchain project built on TomoChain, exceeded 50,000 in 5 days, becoming the #1 trending Finance app in Switzerland and France. We look forward to seeing many more projects thrive using our network features.
In the blockchain world, there is no “one-size-fits-all” solution. Therefore, many emerging projects share the common orientation of interoperability among multi-chains. Let Kyn Chaturvedi, our CBDO, help you get to know the next revolution in blockchain and how TomoChain adapts to the constantly changing market.
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- It has been a remarkable week for LuaSwap as the weekly trading volume surpassed $1 Million (on the Ethereum network) for the first time. Following this growth, a new all-time-high in trading volume was smashed today, crossing $708,000 on the Ethereum network and $136,000 on the TomoChain network. A positive signal for LuaSwap being on the rise in 2021.