omi crypto

OMI crypto

ECOMI created VeVe, a blockchain-based digital collectibles platform. The platform requires and uses a token in order for you to be able to possess a digital item and communicate with other users. This token is called OMI token or OMI crypto or simply ECOMI crypto.

The OMI crypto is used as the medium of exchange when you purchase, trade or sell digital items on the platform, and it ensures an immutable record of ownership, so you always know what you’re purchasing is real and authentic.

About ECOMI

omi crypto
ECOMI cryptocurrency

ECOMI is a Singapore-based technology firm that is paving the way in the rapidly growing digital collectibles market. Through the VeVe app, ECOMI provides a one-stop shop for digital collectibles, bringing pop culture and entertainment into the twenty-first century.

The VeVe app gives users the opportunity to own quality digital memorabilia. Users can purchase ordinary, rare or one-of-a-kind digital treasures through the app marketplace, share them throughout the social network service, and trade them with the VeVe community.

According to the ECOMI, Digital collectibles are a new class of assets that provides intellectual property’s owners with new ways of earning in the digital realm. Digital streaming, gaming and in-app purchasing have grown into multibillion-dollar industries and the pop culture & collectibles industry is the next to follow, according to the company.

However, there are a few basic token measurements and key details to be aware of as a token-based system and economy, so you can comprehend the ecosystem as a whole.

Details and Metrics for OMI crypto

  • Total supply: 750 billion OMI
  • Symbol for the stock exchange: OMI
  • Type of Token: GO20 (GoChain)

The OMI crypto is a utility token that can be used to purchase goods and services. That means, it was created with the express intent of being traded for digital items on the VeVe platform.

Sales of OMI crypto

The OMI crypto was sold in a private/pre-sale round and to the public through an initial exchange offering (IEO) on the Bitforex exchange in order to raise funding and begin building VeVe.

The rise had a hard cap of 1500 BTC, and the OMI crypto was valued at 1 Satoshi at all times. There were no discounts or lockups for private or pre-sale investors, and no vesting on those tokens.

During the sales, 150 billion OMI crypto, or 20% of the total token supply, were made available. The public sale/IEO, which sold out in under 12 hours and was finished in May 2019, sold 50 BTC worth of OMI. BTC was worth roughly $6–7000 USD at the time of the sales.

Allocations & Distribution of OMI crypto

OMI crypto have a current circulating supply of roughly 110 billion.

The VeVe tokenomic system is designed in such a way that an additional 40%, or 300 billion OMI crypto, are stored in the in-app reserve, the majority of which will never enter the circulation supply.

  • VeVe Reserve Wallet: 300 billion dollars
  • 40 billion OMI added to VeVe Vault Wallet for initial liquidity
  • Business Development (long-term initiatives): 20% (150 billion) OMI
  • 20 percent or 150 billion OMI crypto for the team, advisors, and board members
  • 110 billion OMI tokens in circulation (sold during sales)

Contract Address for OMI crypto

The OMI crypto is based on the GO20 protocol. Or in other words, it is based on the GoChain blockchain.

Before you may add and store the OMI crypto, you may need to add GoChain as a custom network and check its compatibility, depending on the wallet you’re using.

The ECOMI Secure Wallet, the firm’s own cold storage wallet, is the safest way to store your OMI crypto, according to the company. 

  • OMI token contract address 0x5347FDeA6AA4d7770B31734408Da6d34a8a07BdF
  • Ticker Symbol: OMI
  • Decimals: 18

When you want to send your OMI token from your personal wallets, you’ll need some GO tokens for network fees, much like you’ll need some ETH to pay on the Ethereum blockchain.

These can be found on exchanges such as Binance and Bittrex, or if you’re lucky, you might get one from their Telegram community, claims the company.

ECOMI WhitePaper

The OMI crypto developers completed the plans outlined in their whitepaper now that VeVe is online and in the hands of fans and collectors all across the world.

As a result, it is no longer used as a compass for the company. However, if you’d like to see how far they have come, you may do so here!

VeVe Smart Contracts and Addresses

Because all VeVe transactions are controlled by smart contracts, they can be examined in real time using the GoChain block explorer.

On the other hand, a tracking site is being developed and made available to the public, allowing users to simply collect and display these feeds and track the ecosystem in one place.

What is the best place to get OMI Tokens?

OMI is currently listed against USDT on the Bitforex market. You can also able to find OMI crypto on AscendEX (Bitmax) and Gate.io.

OMI crypto price

As of writing this article, the OMI crypto price, according to the coinmarketcap is around $0.003542

Some figures from coinmarketcap for OMI crypto

Market cap$578,908,884
Fully Diluted Market Cap$2,611,282,600
Circulating Supply166.29B OMI
Market Rank#217
From coinmarketcap for OMI crypto
OMI crypto
OMI crypto market graph as per the Coinmarketcap

Can OMI crypto reach $1?

We feel that OMI’s worth might reach $1 in the long run, perhaps within the next ten years, based on the multiple agreements that the platform is getting into with top organizations.

With the advancement of NFT technology, ECOMI will assist OMI crypto in reaching that value in the future. Furthermore, the NFT is rapidly expanding, with a variety of people investing in various NFT projects. This could prove to be beneficial to the OMI in the long run.

Is ECOMI or OMI cryptocurrency a good investment?

When you consider the platform’s goals, ECOMI is an excellent investment. The platform has formed beneficial alliances, which will likely improve platform use.

The ECOMI has partnered with a variety of famous comic book groups, including Batman, Superman & Wonder woman, as well as sports leagues. These collaborations could be critical to the platform’s future success. We may witness additional growth of the project as a result of its listing in several marketplaces.

Not to mention the platform’s VeVe initiative, which allows users to purchase, trade, and sell digital collectibles. Let’s say, if you’re looking to purchase a $100 collectible. You’ll deposit $100 worth of OMI crypto into your Gems wallet, converting your OMI and then receive the collectible. That’s because Gems are similar to stablecoins in that they don’t fluctuate in value like OMI do.

Due to the constant hype surrounding NFT, ECOMI is a promising project for the near future. If the platform can continue to come into agreements like they are, it will grow far faster than expected.

In conclusion

On a daily basis, the need for NFT grows. NFT initiatives are being adopted at a faster rate. ECOMI is one of NFT’s largest shareholders and one of the largest platforms for security, storage, and trading.

ECOMI is off to a terrific start with the launch of their VeVe platform. Much of the credit must go to the partnerships they’ve built, which have allowed them to produce extremely popular NFTs.

The platform’s secure wallet appears to be a strong contender against existing hardware-based cold wallet alternatives.

With the rise of cryptocurrency, NFT security and wallet require a better home, and ECOMI, with their development team and fantastic software, will be more user pleasant, which might be the most important factor in ECOMI’s success.

In conclusion, the entire ECOMI project is awe-inspiring from a technological standpoint and, more crucially, in terms of available NFTs. As a result, we expect the platform to grow in popularity and the price of the OMI crypto to rise in the future.

Having said that, we are not in any way a professional investment advisor, so please do not take our words for investment purposes, but for mere knowledge and understanding the significance of the OMI cryptocurrency’s technology in general.

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