There are two possibilities to explain your failed transaction:
1- The token contract is locked or paused, so the tokens are not transferable yet.
2- The token contract does not emit a transfer event. According to this description from etherscan, this issue is due to the compliance policy toward ERC-20 tokens.
Now if we check the transactions in contract address for TomoCoin (TOMO), we can see that a total of 32,998 transactions failed + 5 recent pending transactions. I don't have much time to check the actual status of the project, but you can verify it by yourself by asking project devs. I think the project is still at early stages, and the tokens should be transferable at a sheduled date if there isn't non-compliance with ERC-20 contract standards .
Topic: Receiving an error on a TOMO transaction (Read 108 times)
My TOMO address is showing a balance of 5,133 TOMO, but it is not allowing me to send those tokens. I would really appreciate someone's help to better understand why my tokens are showing as available at this address, but i am getting an error when trying to send the tokens. I have enough ETH on my Ledger to cover GAS. Please see below for my ETH address and the error transactions. Any help or insights would be greatly appreciated!
https://etherscan.io/tx/0xd343f1a606f10a05ff6437b13e2d0248c56065534be02c8470725fb3123f5c40
https://etherscan.io/tx/0xd343f1a606f10a05ff6437b13e2d0248c56065534be02c8470725fb3123f5c40
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