The Power of DOP: Value for TOMI community

The new Data Ownership Protocol (DOP) built on tomi’s technology, will unlock huge value for tomi holders through its symbiotic relationship with tomi and huge buy backs of TOMI token.

  • 4 min read
  • August 11, 2023
  • by tomi
The Power of DOP: Value for TOMI community

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In the world of blockchain and crypto, innovative projects often collaborate to unlock new dimensions of value for their communities. One such collaboration that’s causing a stir is the partnership between TOMI and the Data Ownership Protocol (DOP). DOP, a groundbreaking Data protocol built on tomi’s technology, is poised to revolutionize data ownership while also creating significant benefits for the TOMI community and token holders.

DOP’s Essence and Utilities

At its core, DOP introduces a groundbreaking solution to a critical challenge in the blockchain space: data ownership by the user. By leveraging advanced cryptographic techniques, off-chain computations, and zero-knowledge proofs, DOP empowers users to have precise control over their on-chain data exposure. This shift in paradigm allows users to strike a delicate balance between transparency and control—a vital step forward in the evolution of blockchain technology.

DOP’s utilities are far-reaching. It introduces a unique concept of user-controlled selective disclosure of on-chain data, enabling individuals to choose which aspects of their information they wish to share while keeping other data points private. This level of control has the potential to redefine how users interact with blockchain systems, making it more accessible and tailored to individual preferences.

DOP’s Unique Token Distribution Strategy and TOMI ecosystem

Central to DOP’s strategy is its unique token distribution plan that aligns its ecosystem with TOMI. This symbiotic relationship is designed to reward TOMI contributors handsomely. Consider this:

23% of DOP’s total token supply will be contributed to TOMI holders, with a carefully structured 2-year vesting schedule. This approach incentivizes long-term commitment to both DOP and TOMI.

An additional 1% of DOP tokens will be allocated to TomiPioneers NFT holders, encouraging participation from a crucial segment of the TOMI community.

The remaining 76% of DOP tokens will serve various purposes, from funding operations and development to supporting community initiative and testnet participants. 

This distinctive distribution method propels TOMI holders into the heart of the DOP ecosystem, cementing their integral role in its growth and success.

Buybacks and Burning: The Catalysts of Perpetual Value

As the partnership between DOP and TOMI deepens, their shared vision extends to the principles of value appreciation. DOP’s mechanism includes not only token distribution but also a robust approach to buybacks and burning.

A significant portion of the capital raised during DOP’s private sale will fuel TOMI buybacks, a testament to the symbiotic nature of their collaboration. This initial buying pressure will be augmented by ongoing TOMI buybacks powered by DOP’s revenue and fees. Adding to the momentum, 50% of DOP staking rewards profits will be utilized for buying and burning TOMI tokens, fostering a deflationary cycle that rewards both ecosystems.

A Glimpse into Distributed Value

For those eager to quantify the potential impact, let’s consider a simulation of the distributed value:

A $50 million raise would translate to $11.5 million claimed by TOMI holders and $500k designated for TomiPioneers.

Doubling the scale to a $100 million raise, TOMI holders could claim $23 million, while TomiPioneers would benefit from $1 million.

This simulation offers a glimpse into the substantial value that DOP’s innovative approach can bring to the TOMI community and token holders.

In Closing: A Future of Integrated Growth

In summary, the collaboration between TOMI and DOP is poised to reshape the future landscape of blockchain technology. DOP’s visionary tokenomics strategy intertwines the interests of TOMI holders with the growth potential of DOP, promising a future where both ecosystems thrive. The fusion of data ownership, coupled with relentless buyback mechanisms, positions TOMI holders to experience a wave of value accumulation. As DOP’s network effects amplify and its ecosystem flourishes, the TOMI community stand to reap the rewards of a truly interconnected and vibrant blockchain landscape.

 

 

The information above is based on the current DOP Whitepaper and may be subject to changes as per the modifications in the DOP Whitepaper on the official website: https://dop.org/