Blockchain
Tomi’s DAO-governed ‘free web’ offers dark-web anonymity while prohibiting violence
Led by eight senior crypto veterans with 72 devs, TomiNet offers a DAO-governed, surveillance-free alternative to the World Wide Web
Tomi, an anonymous project led by eight big names in crypto, unveils TomiNet, a secure and encrypted protocol empowering journalists, activists, and ordinary citizens to surf the web free of government and corporate surveillance. The network leverages DAO governance to foster community-driven censorship of the more illicit activities that run rampant on the most prominent alternative internet networks today.
Tomi team is anon
If Satoshi Nakamoto’s real name were known, would Bitcoin’s creator be banished to the fringes along with Julian Assange, Edward Snowden, and Alexey Pertsev? Or would he be right up there with Elon Musk and Balaji Srinivasan as one of the best known entrepreneurs of our time? We’ll never know, because Satoshi wanted the world to judge the creation, rather than the creator. Tomi’s founders agree with that approach.
TomiNet kicks off a clean slate for the Internet, one where Google and Facebook don’t have power over people’s identities, Amazon doesn’t crush small businesses and host more than a third of the world’s data, and government and corporate surveillance is impossible. TomiNet threatens businesses, fiat currency systems, and power and data brokers around the world. As such, there are many reasons for which the 80+ Tomi team members feel their safety may be at stake and choose to follow Satoshi’s footsteps in remaining anonymous.
The project
TomiNet is almost fully built and synchronized with its alternative blockchain DNS service (tDNS). Users will be able to download the TomiNet browser or create a browser that points to tDNS, buy .tomi domain names, and vote on the DAO that governs the network. Through TomiNet’s browser, users surf the network with a built-in VPN that allows them to access uncensored information in countries that censor and hide IP addresses.
The network is governed by a community-led DAO, which votes on decisions via “Pioneer” NFTs and Tomi tokens about running TomiNet and censoring content that doesn’t meet the network’s “blacklist” community guidelines. Terror, child porn, and other forms of violence are among the categories on the blacklist to be voted down by the DAO.
The Tomi team holds weight equal to average users in voting about the community guidelines and censorship, though it will hold enough tokens to have stronger influence over the technological direction of the project in the initial stages. TomiNet is structured in a way that creates a path for the citizens of the new web to out-vote the core developers and technological leadership within three years. That’s intentional on the part of Tomi, which doesn’t seek the kind of power held by the leaders of projects such as Ethereum or Cosmos.
The European Union’s landmark MiCA regulation is set to transform the crypto industry, establishing stringent standards that many current Virtual Asset Service Providers may find challenging to meet. As MiCA compliance becomes the standard for operating within the European Economic Area, crypto exchanges and asset companies must take prompt action to align their operations with these comprehensive regulations.
To support businesses in navigating this significant transition, an exclusive webinar “Adapt or Die: The Urgent Shift from VASP to MiCA” will be held on Tuesday, November 19th, 2024, at 5:00 PM (CET) time.
This session is designed to provide industry professionals with practical insights and strategies to ensure their software and operations comply with MiCA standards.
Key highlights of the webinar include:
● Detailed analysis of MiCA regulations and their implications for the crypto sector.
● Actionable steps for software adaptation to achieve MiCA compliance.
● Case study feature: How Kyrrex achieved MiCA readiness using solutions from Simplify Labs.
● Practical tools for Anti-Money Laundering, Know Your Customer processes, cybersecurity, and transaction monitoring.
The webinar will be useful for CEOs, COOs, Compliance Officers, Regulatory and Legal Professionals, Tech Managers, and Investors looking to enter or expand within the EEA market. Attendees will gain the knowledge and tools necessary to adapt and thrive under the new MiCA regulatory framework.
Featured speakers:
Vadim Rozov, CEO at Simplify Labs, brings over 20 years of management and software development experience. Under his leadership, the company is dedicated to simplifying crypto and blockchain technology, making it accessible for non-technical founders and management teams.
Kevin Plumpton, CEO at Kyrrex, is a warranted advocate with extensive expertise in finance, business, property, and international law. He specializes in corporate governance, risk, and compliance legislation, and is a prominent figure in the Anti-Money Laundering and Counter Financing of Terrorism fields. He is recognized for developing innovative KYC and due diligence platforms utilized by leading organizations.
“The crypto industry is at a critical juncture where understanding and adhering to MiCA regulations is essential for continued growth and market access,” said Kevin Plumpton, CEO at Kyrrex. “Events like these are vital for bringing together industry leaders to share knowledge and best practices, ensuring businesses can adapt effectively and sustain their operations.”
Franklin Cachia, Executive Director at CSB Group, is an accomplished professional who advises clients on taxation, financial services, AML compliance, and corporate law, among other areas. His broad expertise also encompasses gaming, GDPR, and property law.
The post Adapt or Die: The Urgent Shift from VASP to MiCA appeared first on .
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