/biz/ - Business & Finance

>>23698601
Vietnamese crypto company.
They had one blockchain TomoChain but it seems like they got stuck with that and diversified into something with real value: Lition.

>>23676547
>>23676625
You are retards.
This was a diversification move for Tomochain the company, dumb faggots.
This is a bigger win for Lition than for Tomochain (the cryptocurrency).

>Lition energy usecase stays on Ethereum and provides no value to the Tomo coin.
>Richard will work almost full time on the Lition energy usecase, increasing the current growth rate of 1000+ households/month (1.5 Million USD ARR) to something more.
>Tomochain the company now has less capital.
>Tomochain the company will now direct some of the capital remaining and some of their 30 developers and resources to usecases that benefit Lition token holders and if they run on Ethereum do not benefit Tomochain crypto holders at all. If they run on Tomochain then they benefit Lition holders too.
>Tomochain is now in charge to list Lition instead of Richard who had two years and accomplished nothing on that front.

Lition token holders gain synergy benefits AND resource allocation benefits.
Tomochain crypto holders lose resource allocation benefits and gain synergy benefits.

But yeah this should be valued at 3 Million, sure. Absolute retards.

>>23665693
tomo is the shitcoin

>>23657512
TomoChain Pte. Ltd. diversified away from TomoChain blockchain.
This is what we know.

>>23656759
Sell 10% batches at various levels not so much price dependent, mania dependent. If successful, provide support to stabilize market during downturns (and make small profit).
Always keep enough to generate $200/day through staking.

>>23656807
TomoChain Pte. Ltd. just diversified away from TomoChain blockchain.
Big red flag.

Based Long dabbing on the tomo bagholders.
We diversified bitch, deal with it.