. What is ECOMI (OMI)? Here is the OMI Token in All Details – In this article, What is ECOMI (OMI)? We will answer the question and try to present details about the project.
What is ECOMI (OMI)?
ECOMI is a Singapore-based technology company and is a pioneer in the emerging digital collection space. ECOMI offers a one-stop shop for digital collections through its VeVe app, which brings popular culture and entertainment to the 21st century.
The VeVe app allows users to experience true ownership of premium digital collectibles. Through the app marketplace, users can acquire common, rare or unique digital collections from the palm of their hand, share them on the social networking service, and exchange with the VeVe community.
ECOMI sees digital collections as a new asset class that offers intellectual property owners an opportunity for new revenue streams in the digital environment. Digital streaming, game, and in-app purchasing has become a multi-billion dollar market, and the next one to join this digital trend is the popular culture and collectibles industry.
What is OMI Token?
VeVe is a blockchain-based digital collection platform created by ECOMI. In order for you to truly own a digital collection and interact with other users, the platform needs and uses a token.
This token is called an OMI token.
When you buy, trade or sell your digital collections within the platform, the OMI token is used as a medium of exchange and provides an immutable record of ownership. So you always know what you are purchasing is genuine and legitimate.
OMI token is a utility token. That is, it was specifically designed to be exchanged for digital collectibles within the VeVe platform.
OMI Token sale
To raise money and start building VeVe, the OMI token was sold to the public in the private / pre-sale round and through an initial exchange offer (IEO) on the Bitforex exchange.
The upgrade had a fixed cap of 1500 BTC, and at all stages of the upgrade, the OMI token was priced at 1 satoshi. There were no discounts for private or pre-sale investors, and there was no deadlock or vesting on these tokens.
The OMI token is a GO20 token. So GoChain is built on the blockchain.
Depending on the wallet you use, you may need to add the GoChain as a private network and ensure its compatibility before adding and storing the OMI token.
The safest way to store your OMI tokens is with our own cold wallet, ECOMI Secure Wallet.
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