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ECOMI ICO (OMI): Revolutionizing Collectibles

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October 20, 2023
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ECOMI ICO (OMI): Revolutionizing Collectibles

ECOMI, the Singapore-based technology company, has been making waves in the world of digital collectibles. With its groundbreaking project, ECOMI ICO, and the utility of the OMI token, it is paving the way for a new era of digital ownership and exchange.

ECOMI: A Game-Changer in Digital Collectibles

This innovative project comprises two key elements: the VeVe marketplace (formerly the ECOMI Collect ecosystem) and the ECOMI Secure Storage Wallet. VeVe is a blockchain-based digital collectibles marketplace. Moreover,  it allows users to buy, sell, and share their digital collectibles across social networks, offering a unique approach to digital token ownership and exchange.

Meanwhile, VeVe offers several essential features that cater to both collectors and enthusiasts. That includes the VeVe store, a second-hand market, an augmented reality showroom, and a social feed.  Besides, it has secured partnerships with renowned brands like Batman, Superman, Harley Quinn, Ghostbusters, NFL, and MLB, among others.

The OMI Token: Fueling the ECOMI Ecosystem

The OMI token serves as a crucial component of the ECOMI ICO. It functions as a medium of exchange within the VeVe platform. In addition, the token facilitates buying, selling, and trading of digital collectibles. Furthermore, OMI ensures an immutable record of ownership for these valuable digital assets. Thus, it underscores the authenticity and scarcity of each collectible.

Elevating ECOMI with GoChain

Recognizing the challenges related to digital token transactions and scalability on the Ethereum network, ECOMI has chosen to deploy the OMI token and digital collectible NFT contracts on the GoChain network. With its impressive throughput, the GoChain network successfully handles 1,300 transactions per second. And the team plans to scale up this number to 13,000 transactions per second. This sets GoChain apart from Ethereum’s limited capacity of just 13 transactions per second. Moreover, it makes this platform an ideal choice for both short-term and long-term DAPP viability.

Besides, as a fork of the Ethereum protocol, GoChain is fully compatible with Ethereum smart contracts. It allows ECOMI to leverage existing GO20 and GO721 token standard implementations, ensuring long-term stability and compatibility.

The Journey of Digital Collectibles: Minting and Ownership

Digital collectibles come to life through the process of minting, where each collectible receives a unique NFT on ECOMI’s blockchain contract. The platform associates these NFTs with a URI that links to metadata containing details. The latter includes the collectible’s name, licensor, brand, and series, as well as links to various digital assets associated with the collectable.

After minting, the company will transfer the ownership of each NFT to an address assigned to ECOMI for security and management on behalf of the owner. This hybrid model ensures that ECOMI maintains centralized ownership records as users actively buy, sell, and trade NFTs.

Beyond Digital Collectibles

The OMI token has many interesting utilities. For example, it provides access to extra features and benefits within the app, such as the ‘Master Collector Program.’ When users transact with OMI tokens, they get the digital collectible in exchange, and the tokens involved in the transaction expire. Users can acquire OMI tokens through various means, including credit or debit card payments and in-app purchases.

The ECOMI ICO and OMI token are pioneering the world of digital collectibles, offering users a revolutionary platform for buying, selling, and trading digital assets. By addressing challenges related to digital token transactions and scalability, and with a strong emphasis on partnerships with iconic brands, ECOMI is set to redefine how we collect, own, and exchange digital assets. This innovative project is shaping the future of digital collectibles, and the OMI token is at the heart of this transformation. The ICO sale hasn’t started yet, but it’s coming soon.

The post ECOMI ICO (OMI): Revolutionizing Collectibles appeared first on FinanceBrokerage.

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