- 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.