TomaaS, South Korea’s Leading Tangible Mobility-Based Asset Lending Protocol

TomaaS (Trustless On-Demand Shared Mobility As A Service) is a protocol for lending tangible mobility-based assets. This project is currently being recognized for its innovative service delivery in Korea.

TomaaS issues NFTs corresponding to currently operating Shared Mobility Service (shared electric scooters, shared electric bicycles, shared limousines, etc.) vehicles, sells the NFTs to general investors, and transfers the proceeds from the sale of the NFTs to Shared mobility Service Providers. And service providers can use the extra cash to purchase additional vehicles to expand their businesses.

NFT holders can generate a portion of the Shared Mobility’s operating revenue as passive income on a recurring basis.

Flying Corporation is the first Shared Mobility Service Provider of TomaaS at present. Flying Corp is an active Shared Mobility Service Provider operating an electric kickboard enterprise in Suwon, Yeongju, etc. Since July 8th, TomaaS has been conducting RWA (Real World Asset)NFT Public Sale and MainNet Launching.

TomaaS is rapidly becoming a ubiquitous name among South Korean crypto investors and the NFT community, and it is anticipated that their services will be implemented throughout the country in the near future.

In June, the TomaaS team concluded the fourth Protocol Camp co-hosted by prominent Korean VC firm Hashed and Hanwha Life. The TomaaS team’s history of concentrating on constructing the TomaaS Project at the camp has resulted in a high level of credibility.

With this history, TomaaS is now one of the most prominent crypto projects in South Korea.

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• Source: https://thecryptobasic.com/2023/07/28/tomaas-south-koreas-leading-tangible-mobility-based-asset-lending-protocol/?utm_source=rss&utm_medium=rss&utm_campaign=tomaas-south-koreas-leading-tangible-mobility-based-asset-lending-protocol