Crypto Company is reinventing the Internet

Web3 helps individuals own and operate their personal internet. Instead of corporations, people currently have decentralized autonomous organizations working between creators and consumers, defined by rules and assets owned by them instead of corporations. This breaks the chains of first-party data, but time will tell if this is the beginning of a truly data-driven business. Nevertheless, Web3 accelerated the rise of influencer/creator-led economies due to the challenges of Web2.

Web3 led to increased distributed and decentralized apps (Dapps) where there will be no single point of failure and no central authority. The apps are transparent, have a higher level of encryption, better exploratory techniques to secure, and are completely trustless. Web3 is still evolving. Most Dapps are working on on-chain and off-chain concepts to address the potential, and the flow of transactions is underway. Also, ownership of assets is still not entirely on the blockchain.

Tommy is a decentralized cloud service company/project that develops a Web3-based disrupting technology and brings new technological solutions that will be the basis for a decentralized Internet. The decentralized Internet concept is a profitable operation that many companies failed to develop. Tomi introduces a completely new approach that relies on hardware solutions, software development and an elaborate system of incentives.

Tomi’s system includes some innovative applications of existing technology, for example they developed a concept of active NFT (aNFT). They use NFT technology which is mainly used for art ownership registration and enables their NFT owners to generate income from their NFT, making their NFT active when it works for the owner. In addition, their server computer acts as a resource for the owner while generating a steady income.

When asked how the company outperforms the competition, the CEO said: “We are also special, in that unlike other tech/crypto/Web3 projects, our business model relies on physical assets – data servers that can provide cloud services and mine crypto, so we are not a completely digital project, but also has a strong physical aspect to our business.”

Although the project was established about six months ago, Tomi has already achieved some significant achievements, including an initial sale of over $1 million in the pre-sale, development of a working prototype model of the first generation of their server computer, the MP-1, and open offices in Tel Aviv and New York. The Tomi team signed an MOU with a reputable public company, Hyper Global, to develop their next-generation server computers. Tomi’s team held progressive discussions with notable exchanges (top 10 globally) about listing their token for trading or receiving investment. They have built a beta multi-chain digital wallet and completed test transactions on it.

Like all start-ups, the Tomi team has faced some challenges. “I think our main challenge is to build an ecosystem that will stimulate all relevant participants and create a truly decentralized project. This means that at some point the project will be out of our control and will be controlled by the public,” says Tomis CEO. . Still, he encourages us to think big and never be afraid of innovative ideas or trying to topple giant tech companies.

The decentralized cloud service project aims to become a global name in the future. Tomi’s team also hopes that the public and developers will adopt their technology and develop applications.

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