Tomarket to Launch $TOMA Token on October 31 — Details Inside

Divyanshi Seth
By Divyanshi Seth 3 Min Read
Tomarket TOMATO Secret Daily Combo for October 24, 2024
Tomarket TOMATO Secret Daily Combo for October 24, 2024

Tomarket, a decentralized platform within the TON ecosystem, has scheduled its Token Generation Event (TGE) for Oct. 31. During the TGE, Tomarket will officially launch the $TOMA token and distribute airdrop rewards to eligible users. 

Tomarket announced to launch its $TOMA token on Oct. 31.
Tomarket announced to launch its $TOMA token on Oct. 31. Source: Tomarket on Telegram

Tomarket’s Snapshot and Airdrop Details

Since its July 2024 launch, Tomarket has attracted 40 million all-time users, with over 9 million daily active users. The platform focuses on combining gaming, earning, and trading activities within its ecosystem. The Tomato Drop game was a key factor in this success, attracting 1 million users in just five days.

- Advertisement -

Tomarket conducted a snapshot on Sept. 2 this year, to determine user eligibility and reward distribution for the airdrop. The snapshot recorded engagement through various activities, including the Tomato Drop game, daily check-ins, $TOMATO farming, solving daily mystery codes, task completions, and referrals. User rankings in the Level System will impact their airdrop amounts.

Users had to meet specific criteria to qualify for the airdrop. They needed to connect a BitGet Wallet to their Tomarket account and maintain a balance of at least $1 (USDT). Additionally, participants were required to use the tomato emoji (🍅) in their Telegram handle. 

$TOMA Tokenomics and Token Listing Details

Tomarket has allocated 70% of the total supply (350 billion tokens) for the airdrop to reward early users. The platform reserves 10% of the supply (50 billion tokens) for community incentives, including content creation rewards. 10% of the tokens (50 billion) will support liquidity on exchanges to facilitate smooth trading.

- Advertisement -

Furthermore, Tomarket has allocated 5% (25 billion tokens) for platform development, with part of these tokens following vesting schedules. The remaining 5% (25 billion tokens) supports the team, aiding platform growth and increasing visibility.

Following the TGE, Tomarket will list its $TOMA token on the TON blockchain, enabling trading in open markets. Most of the major Telegram crypto games, including Hamster Kombat, Catizen, and Notcoin used the same blockchain.

With one week remaining before the token launch and airdrop, committed players are exploring new features, such as the daily combo bonus and hidden tomato stash within the Telegram mini app, to increase their potential airdrop allocations.

Divyanshi Crypto Journalist CoinChapter

Divyanshi Seth

Divyanshi Seth is a Crypto News Journalist at CoinChapter with a master’s degree in Journalism and Mass Communication. When the 2021 crypto rally made global headlines, her curiosity led her to research blockchain technology and digital assets. That interest evolved into a career, with a focus on BTC, XRP, ADA, Dogecoin, Shiba Inu. Over the past 3 years, she has authored more than 1,000 articles, focusing primarily on ADA, Dogecoin, Shiba Inu, XRP, and Bitcoin. Divyanshi holds Bitcoin and Solana.

3 Comments

3 responses to “Tomarket to Launch $TOMA Token on October 31 — Details Inside”

  1. … [Trackback]

    […] Here you will find 52939 additional Information to that Topic: coinchapter.com/tomarket-to-launch-toma-token-on-october-31-details-inside/ […]

Leave a Reply

Your email address will not be published. Required fields are marked *