What is Tomarket (TOMATO)?

What Is Tomarket?

Tomarket is a decentralized marketplace designed for the trading and exchange of various asset classes, including real-world assets (RWAs), crypto bond yields, and pre-circulation tokens. The platform functions as an intermediary between traditional financial systems and the decentralized finance (DeFi) ecosystem, allowing users to engage in transactions that span both conventional and digital asset categories. By integrating a wide range of tradable assets, Tomarket facilitates liquidity and price discovery in different markets within a decentralized framework.

The marketplace leverages blockchain technology to ensure that transactions are transparent, secure, and immutable. This decentralized approach eliminates the need for intermediaries, reducing the potential for fraud and manipulation. Tomarket's support from industry leaders such as Bitget Wallet and Microsoft adds an additional layer of credibility to its operation, positioning it as a platform that caters to both emerging and established financial assets.

How It Works

Tomarket utilizes blockchain technology and smart contracts to enable decentralized trading. Smart contracts on the platform are designed to automatically execute transactions, ensuring transparency, security, and immutability. The platform is structured to handle large trading volumes while maintaining a user-friendly experience. Users begin by linking their wallets to Tomarket, which supports multiple blockchain networks, including Ethereum and TON. Once linked, they can explore various markets, view real-time pricing data, and execute trades.

Tomarket also employs automated market makers (AMMs) and liquidity pools to ensure that there is sufficient liquidity for transactions, which is crucial for a seamless trading experience. The platform's intuitive design makes it easy for users to navigate, trade, and manage their assets, regardless of their experience level. Additionally, the initial launch as a Telegram mini-app in July 2024 allows users to trade on the go, providing a convenient and accessible entry point into the world of decentralized trading.

Backers and Partnerships

Tomarket has secured support from several prominent backers and established key partnerships that contribute to its development and credibility in the decentralized finance (DeFi) sector. Among its primary supporters is Bitget Wallet, a recognized entity in the cryptocurrency industry known for its expertise in secure digital asset management. The partnership with Bitget Wallet enhances Tomarket's technological capabilities, ensuring a secure and efficient platform for users engaging in the trading of various assets.

In addition to Bitget Wallet, Tomarket is backed by ForesightX, an investment firm with a focus on the DeFi and blockchain spaces. ForesightX provides strategic insights and resources that aid in the growth and expansion of Tomarket. These collaborations with established industry players underscore Tomarket's commitment to building a robust and trustworthy marketplace that bridges traditional financial systems with the emerging decentralized economy.

What Is Tomarket Airdrop?

The Tomarket Airdrop is a significant event within the cryptocurrency and blockchain gaming community, scheduled for September 2, 2024. Organized by Tomarket, this airdrop aims to reward early adopters and active participants of the Tomarket platform, particularly those engaged in the Tomarket Drop Game on Telegram. During the airdrop, a "snapshot" of all active user accounts will be taken, capturing TOMATO token balances and other relevant metrics. This snapshot is crucial as it will determine the eligibility of users and the number of tokens they will receive. With 350 billion TOMATO tokens set aside for this airdrop, representing 70% of the total token supply, this event is poised to be a substantial reward for the community and an integral part of Tomarket's growth strategy.

How to Participate in the Tomarket Airdrop?

Participation in the Tomarket Airdrop is straightforward, yet requires active engagement with the Tomarket platform. Here’s how you can ensure your eligibility and maximize your rewards:

1. Maintain Active Participation: Consistently logging into the Tomarket Drop Game and participating in daily activities is essential. Regular gameplay will allow you to accumulate TOMATO tokens, which are crucial for the airdrop.

2. Increase Your TOMATO Token Balance: The more TOMATO tokens you have, the greater your potential rewards from the airdrop. To boost your balance, engage in daily check-ins, complete in-game tasks, and take advantage of referral opportunities by inviting new users to the platform. Each referral can significantly increase your token holdings.

3. Engage with the Community: Staying connected with the Tomarket community through social media and participating in community events can enhance your airdrop rewards. These activities not only help you stay informed about the latest updates but also offer additional chances to earn tokens.

4. Prepare for the Snapshot: Ensure that your account is active and your TOMATO token balance is as high as possible by the time of the snapshot on September 2nd. This snapshot will record your holdings and determine your eligibility for the airdrop.

How to Link Bitget Wallet for the Tomarket Airdrop?

Step 1: Download and Install Bitget Wallet

• If you don’t have it yet, download the Bitget Wallet app from the official website or your app store (available for iOS and Android).

• Install the app on your device.

Download Bitget Wallet

Step 2: Set Up Your Bitget Wallet

• Open the app and choose to either create a new wallet or import an existing one.

• Follow the prompts to complete the setup, ensuring you securely backup your recovery phrase.

Read more: Bitget Wallet 101

Step 3: Connect Bitget Wallet to Tomarket

• Open Tomarket. On the “Wallet" tab, select “Connect Wallet.”

• Choose Bitget Wallet from the list. Please ensure that your wallet has at least $1 in assets.

• Confirm the connection in your Bitget Wallet app.

Step 4: Join the Telegram Channel

Make sure you join the official Tomarket Telegram channel to stay updated on the latest news and updates.