Tomarket plans to resolve community complaints with these five steps

Tomarket, a mini app project on the Telegram app had promised to resolve the odds in its meme coin price after listing at a price that led to dragging by its community on Twitter.

The project listed its token, $Toma, on Bitget, Gate.io, and MEXC on the 20th of December. However, the listing price and market condition couldn't pull the flour price from 0.000001. Therefore, many community members couldn't benefit as the allocated token provided little or no funds to them.

Complaints made by Tomarket community members

We have gathered some of the complaints made by users of the platform on Twitter. A crypto influencer known as Tola Joseph Fadugbagbe posted that he spent thousands of dollars but got only 350 dollars.

I spent thousands of dollars on #Tomarket stars only to get an allocation less than $300.

Like $TOMA, like #MemeFi

We move, regardless.

— Tola Joseph Fadugbagbe (@connectwithtola) December 20, 2024

Another user who received an airdrop allocation posted that he received nothing less than 30 dollars but only received $8 after selling his allocation. Another general complaint was that the project was dust or a scam. 

Five steps to resolve the complaints 

To resolve the complaints, the platform has posted on Medium that it will ensure that the price of its token, $Toma, remains stable and possibly increases in value with time. 

One way that the telegram mini app plans to resolve the complaint is to use the revenue stream from its FarmingPool and multi-chain DEX to buy back TOMA tokens. Next, the 8 per cent allocation that is expected to be given to team members within six months will be extended to 24 months. This is to show commitment on the part of the team and that the project has a long-term growth plan.

Thirdly, Tomarket will list its tokens to more exchanges. Doing so will improve liquidity and accessibility to all users. But will they allow users to withdraw directly to centralized exchanges directly at no or reduced cost? Fourthly, to avoid FUD, the project team plans to stay alert and communicate with their community to address any concerns. 

And finally, the team will be buying back TOMA tokens periodically to keep the token price stable and ensure fairness of trade. The date for doing so will not be disclosed to avoid the activities of whales in the crypto market.

The current price for $TOMA as at the time of writing was 0.000024 on Bitget CEX.