TI Rating Report: TOMS

TomTom Coin is a metaverse project based on both Ethereum and BNB Chain and currently offers a DApp called MyTom that allows users to pay with the project tokens in offline stores.

The parent company TomNToms is a coffee shop franchise with 494 stores globally. With MyTom, It aims to establish a Web3.0 community with multiple services such as metaverse, NFT services, and even P2E games in the future. The project intends to issue NFTs through its own gallery called Gallery TOM and provide an NFT marketplace where users can mint their own NFTs and resell them later. The TOMS NFT is intended to be used as avatars in the project metaverse.

$TOMS is the governance and utility token of TomTom Coin. Token holders can exercise governance voting rights. In addition, $TOMS can be used as a payment method in offline stores as well as in the online TomTom metaverse.

TokenInsight gives TomTom Coin a CCC rating with a stable outlook.