What potential opportunities does Tomo, a social protocol backed by OKX and Consensys, have after adding asset issuance function?

⚠️What is tomoji, the new platform launched by Web3 social protocol Tomo, led by Polychain Capital in #OKX and followed by Consensys, and what potential opportunities does it have? Just last night, @polychain and @OKX_Ventures suddenly announced a $3.5 million investment in @tomo_social. The main reason for this round of financing is that Tomo launched a new product: Tomoji; Many people, including me, still think of Tomo as a FT competitor built on Linea, a Web3 social media application; But in fact, this wave of Tomo should have set its sights on the next track that is highly relevant to social networking: MeMe+picture currency conversion; They launched TOMOJI on the BASE chain - a one-click ERC 404 NFT & Meme token launch platform: tomoji I personally think there are two aspects to this: First, this bull market has not yet seen a good narrative or concept, and the recent surge in ENA is likely related to this; so if there is no good narrative, MEME will be the biggest narrative, and the Meme Season will not be a one-time trend. Meme will become a "bright line" and dominate the siphoning of capital from all over the world. We may see different ways of playing and a long duration; Second, Tomo itself is a social platform, so it is almost natural for Tomo to move from the previous social sector to MEME; with the natural advantage of information dissemination, users can display their tomoji in private chats and group chats. Every time a user sends a tomoji (emoticon package) they hold, they are transferring a token to their friends, and at the same time achieve the purpose of promoting it to friends for browsing and forcing friends to hold tokens. 💥 So what exactly is Tomoji built on BASE? 1️⃣ Let’s first talk about why we should use BASE chain: BASE can be said to be an absolute star chain in recent times, taking over the popularity of MEME on SOL. Looking at the recent development of Base: Since the birth of BASE, it took 203 days for the ecosystem TVL to exceed $1 billion; the time it took for the ecosystem TVL to exceed $2 billion was shortened to 23 days; and it took only 5 days for the Base ecosystem to grow from $2 billion to $3 billion. It can be seen that the development of the Base ecosystem has been accelerating recently. At the same time, Base is also building better technology and lower gas, seeking more possibilities besides MEME. Therefore, the combination of TOMO from social networking to MeMe is in line with the development trend of BASE, and the two are very complementary. 2️⃣ Secondly, what is the erc404 protocol? Tomoji is a function within the Tomo product. It essentially puts emojis on the chain and serves as an ICO platform for ERC404 on the base chain. At first glance, the project seems a bit complicated. If you want to understand it, I suggest you take this opportunity to brush up on your knowledge of ERC-404 NFT. So what is ERC404? When it comes to this concept, we have to mention PANDORA, which became popular on the Internet in early February. Pandora quickly became the focus of the crypto community with the concept of "semi-fungible tokens". The ERC-404 protocol built by PANDORA is mainly a way of playing that mixes the functions of ERC-20 / ERC-721. In short, NFTs can be split into tokens, and tokens can also have NFT rights. Tokens can also be used to automatically mint and destroy corresponding NFTs in the wallet. The token can be traded on Uniswap and listed as an NFT on Opensea and OKX; Many community members who have experienced the NFT bull market have tweeted to analyze the impact of Pandora on traditional NFTs; The market value of PANDORA tokens once exceeded 300 million US dollars, but due to mechanism and application problems, the price inevitably fell and the market voice gradually decreased; 3️⃣ Let’s talk about the new ways to play and application scenarios of Tomoji; Tomoji, as a function within the Tomo product, essentially puts the emoji package on the chain as an ICO platform for ERC404 on the base chain. There are two key words here: first, putting emojis on the chain, which is a fair launch and creation of tokens; second, ICO platform, it is a platform; Simply put, Tomoji provides a low-threshold token issuance method for meme creators. Artists can sell ERC404 on the base chain with one click. The specific contract logic is as follows: 1. Users create Tomoji, fill in the Tomoji name, total amount, and price per ETH. Currently, only one image can be uploaded, but multiple images will be supported in the future. 2. Click Create to create a pair contract of Tomoji contract and Uniswap v3 3. 50% of the total amount is used for sale 4. Others go to mint. When all minting is completed, all the ETH raised and the remaining 50% tokens are automatically added to the Uniswap v3 pool 5. Future Tomoji (ERC404) transactions can be executed in Uniswap, and NFT can also be directly bought and sold through the NFT trading markets of Opensea and OKX. 4️⃣What are the benefits of launching the tomoji platform? Tomoji is a new fair sale paradigm of ERC 404 that combines NFT and MEME culture. The interesting point is that through the NFT whitelist sales model, even the project owner himself has to rush to buy For meme lovers, this will be an unprecedented fair sale. If the creator wants to obtain the initial token, he or she also needs to participate in mint like ordinary enthusiasts, and the initial liquidity pool will be the same as the amount of funds raised. There will be no problem of price fluctuation sensitivity caused by the initial liquidity pool being too shallow. Since Tomo itself is a social platform with a natural advantage in information dissemination, users can display their Tomoji in private and group chats. Every time a user sends a Tomoji (emoticon package) they hold, they are transferring a token to their friends, thereby achieving the purpose of promoting it to friends and forcing them to hold tokens. 5️⃣Tomoji's first release of Long theme overview Long is the first launchpad project of the tomoji platform, 404 meme&nft Long Collection. The Long series was released by American artist Sean Kyah Koons. Sean comes from an artistic family and earlier this year he worked with his father on a groundbreaking project: Moon Phases. This visionary program brought the first artworks to the lunar surface via Intuitive Machines’ IM-1 mission, making them an indelible mark in history and a lasting cultural legacy. Long was finally scheduled to be launched on March 29, with a price of 0.04eth and a total of 10,000 shares. The issue price started from 150U, and it experienced a market crash in the middle. After the financing information was announced yesterday, it rebounded to 1580U, a tenfold return. The successful launch of LONG laid the foundation for Tomoji. On the one hand, it shows that this approach is feasible. On the other hand, it also shows that the projects that Tomoji's launchpad partners have been carefully investigated and discovered. The next thing to pay attention to is the opening of the No. 12 long NFT. If you get a high-rarity one, you can sell it directly on opensea. If it is of ordinary attributes, uniswap also has a price bottom. 6️⃣ Financing related and future prospects The Tomo financing has finally been announced: it feels like a star-studded lineup; Polychain led the investment, followed by OKX; in addition, Consensys, Symbolic Capital and Kucoin also participated in the investment; Polychain's investment vision is a common bet, and OK's recent investment projects are also good; others include Consensys, one of the founders of the Eth Foundation and the parent company of Metamask and Linea Chain; The future prospects and financing background are very good. I think it can be regarded as a long-term development project; The project has not yet issued tokens. I personally think that if you interact on Tomo or hold and stake tokens similar to those issued by platforms like Long, as well as interact on Tomoji, you should be encouraged when issuing tokens. Empowerment can make the project run better, so for us, we can do some interactions in the early stage and then pay attention to the later development of the project.