Close Menu
AlexaBlockchain
  • News
  • Press Releases
    • Submit Press Release
  • Adoption
  • Funding
  • Interview
  • Policy
  • Explained
    • Bitcoin Halving 2024: Will it Trigger the Next Bull Run?
    • Everything You Wanted to Know About Bitcoin But Were Too Afraid To Ask
    • Cryptocurrency: what makes it so popular?
    • Top Five Crypto Scams And How To Avoid Them
    • Cloud Mining Explained
    • What are NFTs?
    • What is a Web3 Browser?
    • How To Build High Quality Crypto Backlinks
  • About
  • Advertise
  • Trending
    • #BitcoinHalving
    • #CloudMining
    • #Web3.0
    • #Metaverse
    • #NFTs
    • #PlayToEarn
    • #DeFi
    • #BlockchainTechnology
    • #Bitcoin
    • #Cryptocurrency
    • #DigitalAssets
Facebook X (Twitter) Instagram
Saturday, May 31
  • Advertise
  • Crypto PR
  • Partner
  • Submit Press Release
  • Contact Us
X (Twitter) Facebook LinkedIn Instagram
AlexaBlockchain
Banner
  • News
  • Press Releases
    • Submit Press Release
  • Adoption
  • Funding
  • Interview
  • Policy
  • Explained
    • Bitcoin Halving 2024: Will it Trigger the Next Bull Run?
    • Everything You Wanted to Know About Bitcoin But Were Too Afraid To Ask
    • Cryptocurrency: what makes it so popular?
    • Top Five Crypto Scams And How To Avoid Them
    • Cloud Mining Explained
    • What are NFTs?
    • What is a Web3 Browser?
    • How To Build High Quality Crypto Backlinks
  • About
  • Advertise
  • Trending
    • #BitcoinHalving
    • #CloudMining
    • #Web3.0
    • #Metaverse
    • #NFTs
    • #PlayToEarn
    • #DeFi
    • #BlockchainTechnology
    • #Bitcoin
    • #Cryptocurrency
    • #DigitalAssets
AlexaBlockchain
You are at:Home » tomi Raises $40M to Build A DAO-governed Alternative Internet
Investment & Funding

tomi Raises $40M to Build A DAO-governed Alternative Internet

tomi aims to create an alternative internet network that promotes freedom of speech and access to uncensored information, while also ensuring user privacy.
Ravi KumarBy Ravi KumarMarch 21, 2023Updated:March 21, 2023No Comments4 Mins Read
Twitter Facebook LinkedIn Reddit Email WhatsApp
tomi Raises $40M to Build A DAO-governed Alternative Internet
Andrei Grachev, Managing Partner of DWF Labs.
Share
Twitter Facebook LinkedIn Pinterest Reddit Telegram Email WhatsApp

Key Takeaways

  • tomi, an anonymous project led by eight big names in crypto, raises $40 million for its DAO-governed alternative internet network in a funding round led by DWF Labs.
  • tomi aims to create a censorship-free environment for users to access high-quality content without compromising their privacy.
  • Its alternative network promotes freedom of speech and access to uncensored information, providing a clean slate for the internet.
  • The funding will be used to facilitate the onboarding of big-name content creators and publishers to the network, ensuring users have secure access to high-quality content.
  • The investors believe that tomi’s commitment to fair monetization and development of technologies ensuring privacy will make it the go-to destination for content creators and users alike.

One of the goals of the modern internet, now dominated by Google, Facebook, and the like, was to provide consumers with uncensored and limitless access to knowledge and freedom of expression. While it served that purpose in its early years, the world wide web has succumbed to government and corporate surveillance and censorship that grows more stringent by the day.

An anonymous DAO – tomi is building an Alternative Internet Network (the tomiNet), controlled by a DAO community (‘Pioneers’). 80+ team members have been working on this under the radar for a year now. tomi is a parallel universe where ip addresses are encrypted (to allow free speech), access to information is unblockable due to a unique Independent tDNS protocol instead of ICANN DNS that is under Government’s control.

The project has now raised $40 million in a funding round led by DWF Labs, with participation from Ticker Capital, Piha Equities, Hirokado Kohji, and additional private investors. tomi aims to create an alternative internet network that promotes freedom of speech and access to uncensored information, while also ensuring user privacy.

The project will use the funds to onboard big-name content creators and publishers to the network, develop fair monetization plans, and further enhance its privacy technologies.

The team is also developing a fairer monetization plan that will help creators focus on the content itself while staying away from distracting sponsorship mentions and ad breaks.

tomiDAO, tomi’s community-led DAO, will govern the alternative network, voting on proposals that range from code alterations to content censorship that violates community guidelines. Categories such as terror, child porn, and violence will be voted down by the DAO.

The team hopes to create a censorship-free environment where users can access high-quality content without compromising their privacy.

DWF Labs Managing Partner Andrei Grachev commented that the team’s commitment to fair monetization and development of technologies ensuring privacy will make tomi the go-to destination for content creators and users alike.

Piha Equities added that they were thrilled to support tomi’s innovative approach to internet governance and believed in its potential to create a fairer and more secure internet for everyone.

Hirokado Kohji, a Japanese crypto whale and community leader, said that he was committed to working with tomi to ensure its success and wider adoption in the Asian market. Ticker Capital noted that they saw great potential for tomiNET to attract top-tier content creators and publishers.

The internet was initially intended to provide consumers with uncensored and limitless access to knowledge and freedom of expression, but has succumbed to government and corporate surveillance and censorship. While some alternatives to the mainstream internet protect user privacy and access to uncensored information, “dark web” networks often foster illicit activities. tomi hopes to offer a clean slate for the internet and create a censorship-free environment for users. The project is expected to disrupt existing industries and attract top-tier content creators and publishers.

Read Also: QuickNode Raises $60M Series B Funding Led by 10T Holdings

DWF Labs Internet tomi
Share. Twitter Facebook LinkedIn Reddit Pinterest Tumblr Telegram Email WhatsApp
Ravi Kumar
  • X (Twitter)
  • LinkedIn

Ravi is Founder and Chief Content Officer of AlexaBlockchain. He writes about everything at the cross-section of blockchain, crypto, AI, markets, and the economy. Ravi can be reached at ravi@alexablockchain.com

More AlexaBlockchain

VOYA Games Raises $5M Co-led by 1kx, Makers Fund

May 21, 2025

Animoca Brands Invests in Astar to Boost Sony’s Web3 Entertainment Push

May 21, 2025

Antix Raises $8.2M to Launch Tokenized Digital Humans

May 14, 2025

SOL Strategies Inks $500M Deal with ATW Partners

April 23, 2025

RedotPay Raises $40M in Series A Funding Led by Lightspeed

March 17, 2025

YZi Labs Invests in Tensorplex Labs to Supercharge the Development of Decentralized AI

March 6, 2025
Add A Comment

Comments are closed.

Don't Miss

QFSCOIN Launches Affordable Cloud Mining Contracts to Democratize Bitcoin Access

Liquidium Launches Cross-Chain Bitcoin Lending Without Wrapped Tokens or Bridges

Katana Launches High-Yield DeFi Blockchain Backed by GSR and Polygon Labs

Sony’s Soneium Brings Viral Telegram Game Sleepagotchi to 200M Users via LINE

Trending Topics
  • Blockchain News
  • Blockchain Technology
  • Blockchain Platforms
  • Blockchain Regulation
  • Bitcoin News
  • Ethereum News
  • Ripple News
  • Tezos News
  • CBDC
  • NFTs
Featured Companies
  • Binance
  • Tech Mahindra
  • Huobi
  • Efforce
  • Future FinTech Group
  • SuburbanColors
  • Launchpool Labs
  • Lucky Crab Club
  • SIMBA Chain
  • Bulldog Law
Stay Updated
  • Events
  • Newsletters
  • Follow
  • Follow on Google News
  • Blockchain Directory
Get In Touch
  • Crypto PR
  • Advertise
  • Partner
  • About
  • Masthead
  • Careers
  • Write for Us
  • Submit Press Release
  • Submit Guest Post
  • Contact US
Copyright © 2025. AlexaBlockchain
  • About
  • Advertise
  • Crypto PR
  • Submit Press Release
  • Write for Us
  • Careers
  • Privacy Policy
  • Affiliate Disclosure
  • Disclaimer
  • Contact

Type above and press Enter to search. Press Esc to cancel.