ECOMI price
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About ECOMI
Disclosures
ECOMI risk
This material is for informational purposes only and is not exhaustive of all risks associated with trading ECOMI. All crypto assets are risky, there are general risks in investing in ECOMI. These include volatility risk, liquidity risk, demand risk, forking risk, cryptography risk, regulatory risk, concentration risk & cyber security risk. This is not intended to provide (i) investment advice or an investment recommendation; (ii) an offer or solicitation to buy, sell, or hold crypto assets; or (iii) financial, accounting, legal or tax advice. Profits may be subject to capital gains tax. You should carefully consider whether trading or holding crypto assets is suitable for you in light of your financial situation. Please review the Risk Summary for additional information.
Investment Risk
The performance of most crypto assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto assets.
Lack of Protections
Crypto assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto asset investments.
Liquidity Risk
There is no guarantee that investments in crypto assets can be easily sold at any given time.
Complexity
Investments in crypto assets can be complex, making it difficult to understand the risks associated with the investment. You should do your own research before investing. If something sounds too good to be true, it probably is.
Concentration Risk
Don't put all your eggs in one basket. Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on anyone to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments.
Five questions to ask yourself
- Am I comfortable with the level of risk? Can I afford to lose my money?
- Do I understand the investment and could I get my money out easily?
- Are my investments regulated?
- Am I protected if the investment provider or my adviser goes out of business?
- Should I get financial advice?
ECOMI’s price performance
ECOMI on socials
Guides
ECOMI FAQ
Ecomi is a blockchain-based platform that revolutionizes the ownership, trading, and showcasing of digital collectibles. Using non-fungible tokens (NFTs), Ecomi ensures these digital assets' authenticity, scarcity, and security. The platform stands out by collaborating with major brands and entertainment franchises, providing users with diverse licensed collectibles.
Holding OMI tokens offers various benefits within the Ecomi ecosystem. Firstly, they act as the medium of exchange for purchasing and selling digital collectibles on the VeVe app. Additionally, OMI holders can stake their tokens and earn passive income. Moreover, owning OMI grants users access to exclusive events, premium content, and special features, enhancing the overall user experience within the platform.
Easily buy OMI tokens on the OKX cryptocurrency platform. One available trading pair in the OKX spot trading terminal is OMI/USDT. You can also swap your existing cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC), for OMI with zero fees and no price slippage by using OKX Convert.
To view the estimated real-time conversion prices between fiat currencies, such as the USD, EUR, GBP, and others, into OMI, visit the OKX Crypto Converter Calculator. OKX's high-liquidity crypto exchange ensures the best prices for your crypto purchases.
Dive deeper into ECOMI
ECOMI is a blockchain-based marketplace for non-fungible tokens (NFTs) and digital collectibles. It aims to utilize distributed ledger technology to develop the world's best platform for purchasing, protecting, and collecting premium licensed digital collectibles. Its ecosystem is powered by the native token OMI and was launched based on GoChain's GO20 token standard.
Using NFTs, the platform enables users to possess one-of-a-kind digital collectibles, which can be accessed, displayed, and traded through its marketplace. Ecomi focuses on partnering with renowned intellectual properties and collaborating with major brands and entertainment franchises to provide its users diverse collectibles.
ECOMI comprises two essential elements: VeVe and Secure Wallet. VeVe is an app-based marketplace for premium licensed digital collectibles. It also allows users to customize and display digital collectibles in virtual showrooms. Users can also use OMI tokens to buy, sell, or trade their digital assets with other users. In addition, the platform offers NFT collectibles from prominent brands like Star Wars, Marvel, DC, Coca-Cola, Pixar, Givenchy, and Disney.
Supporting over 1,000 digital assets, Secure Wallet is the world's first credit card-sized cold storage hardware wallet. The wireless and portable wallet also provides NFT support and secure offline storage.
OMI price tokenomics
The total supply of OMI tokens is set at 750 billion, with Ecomi adopting a deflationary approach to manage the token supply and enhance its long-term value. As part of this strategy, a portion of the OMI used in transactions is deliberately burned, reducing the overall token supply and potentially increasing its scarcity. The burning mechanism is designed to create positive price pressure on OMI, benefiting token holders as the token's value may appreciate over time.
The distribution of OMI tokens is as follows:
- Twenty percent was sold during the initial coin offering (ICO).
- Forty percent was sold through in-app purchases on the VeVe app.
- Twenty percent is allocated for business development purposes.
- Twenty percent is reserved for the team, advisors, and board of directors.
Furthermore, 103 billion OMI have been permanently removed from the token's circulating supply since launch. Ongoing buybacks and token burns will also gradually reduce OMI tokens supply, thus positively impacting the OMI price.
About the founders
CEO David Yu founded ECOMI alongside co-founders Daniel Crothers and Joseph Janik. Yu has over 20 years of experience in intellectual property, licensing, and retail. He founded various companies, including Games R Us Ltd. And Retail Management Group Ltd.
Crothers co-founded multiple companies, including HERB, the largest media publication, and Digitalus, a web agency that worked for international clients like The Red Cross and Hasbro. Janik owns multiple successful businesses and has been involved in blockchain since 2016. His previous expertise areas include cloud technology, health, and lifestyle automation.
Disclaimer
OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.