On April 10, OKX Ventures announced the completion of a strategic investment in Web3 social platform Tomo. Tomo is a Web3 social platform based on Linea and Base ecosystems. It has recently launched Tomoji Launchpad- a Meme launch platform based on the ERC404 protocol standard in the Base ecosystem, allowing users to create and trade personalized emojis, creating the best Web3 interactive environment for users.
Dora Yue, founder of OKX Ventures, said: "Tomo currently has 350,000 community members, with a monthly transaction fee of over $50,000. This is all based on TomoID, a management tool specifically set up for KOLs community opinion leaders, which can aggregate the link entrances of all social platforms. At the same time, with the content experience of Web2 such as Instagram, you can get corresponding rewards by participating in smart cooperation of content. OKX Ventures has always been committed to infrastructure that is community-centric and serves community users, just like Tomojis, which is based on the ERC404 split protocol and can achieve the functions of NFT fragmentation and native liquidity of tokens. We are very willing to support Tomo's efforts to create a transparent and open trading market environment, where users' creations and expressions can be recognized by the community. We also look forward to the rapid expansion of Tomo community members, and the injection of more and more diverse NFT assets into the entire Web3 ecosystem, promoting the implementation of multi-scenario applications of the NFT community."