As for the decentralized exchanges, Uniswap offers such an option, too. OMI is available on numerous exchanges, including BitForex itself, as well as AscendEX, Gate.io, OKX, and BitMart. This is achieved via zero-knowledge rollups with the scalable transparent argument of knowledge validity proofs provided to ImmutableX by StarkWire. Also, ImmutableX has a speed of 9,000 TPS, which exceeds Ethereum Layer-1 by about 450 times. For example, the minting and transferring fees on ImmutableX are equal to zero, which means that NFTs can be created and traded in any quantity for free. ImmutableX is a gaming- and NFT-oriented Ethereum Layer-2 solution with numerous features that greatly benefit projects like Ecomi.
Later on, OMI was moved from the GoChain to Ethereum, with the help of ImmutableX. The public sales were conducted via an ICO on the BitForex exchange in May 2018 for a price of 1 satoshi each. There are 750 billion OMI tokens originally minted on the GoChain, with the following distribution: 300 billion OMI for the VeVe Reserve Wallet, 40 billion OMI for the VeVe Vault Wallet serving liquidity purposes, 150 billion OMI for Business developmen, 150 billion OMI for the Team, and 110 billion OMI for the public and private sales.
As for the peer-to-peer purchases from the Market, the seller pays a 2,5% fee per each transaction which is also burned the same way. Thus, OMI is spent on an NFT which is moved to a locked wallet while burning OMI and removing it from circulation. When the user spends Gems to purchase a collectible from the Store, an NFT purchase happens in the background. When users purchase Gems, a corresponding amount (1$ value of OMI per Gem) of OMI is acquired and moved into their wallets. VeVe doesn’t use OMI directly as a currency, but instead, it uses the so-called Gems at a price of 1$ each. In fact, the easy sharing option is an integral part of Ecomi’s strategy to popularize VeVe and facilitate its mainstream adoption.Įcomi features its own utility token OMI, which is used as a backbone of the VeVe economy. It also allows sharing pictures of the NFTs via social media platforms, making bragging about the new collection easier than ever. At this, Ecomi offers a convenient mobile platform called VeVe, through which all of the collectibles can be traded, stored, and demonstrated.
All of the collectibles on Ecomi are interactive objects that can be used for different purposes, from 3D figures that can be put in a virtual showroom, to rare comic books that can be read at any time.Įcomi aims to serve a wide range of retail audiences, from small investors hoping to flip their collections for a profit, to those genuinely interested in saving a piece of virtual art for themselves. Launched in 2018, Ecomi represents a blockchain-based platform built for the distribution and trading of premium digital collectibles.
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