ECOMI

What is ECOMI?

ECOMI is a technology company headquartered in Singapore with a mission to become a pioneer in the emerging realm of digital collectibles and digital asset protection.

Through their VeVe app, ECOMI offers a comprehensive platform for digital collectibles and digital comics, revolutionizing pop culture and entertainment in the 21st century. ECOMI recognizes digital collectibles as a fresh asset class that presents intellectual property owners with new opportunities for generating revenue in the digital landscape.

The market for digital streaming, gaming, and in-app purchasing has already reached multibillion-dollar levels, and now the pop culture and collectibles industry is poised to join this digital trend.

VeVe utilizes a combination of blockchain and augmented reality (AR) technologies to provide an exceptional collection of licensed collectibles from renowned brands such as Disney, Marvel, Star Wars, DC Comics, Warner Bros, Aston Martin, Cartoon Network, Lamborghini, Ghostbusters, Back to the Future, and many others.

Recent Video Interview

Main points of the interview:

• Interview Insights: Covered technology, Master Collector Program, tokens, crypto transactions, and more.
• Growth: Company grew from a small team to over 100 employees.
• Development Challenges: Early challenges included convincing licensors and handling rapid user growth.
• VVVerse Beta: Beta testing is ongoing with positive feedback and creative uses exceeding expectations.

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About the VeVe Mobile App

Digital assets stored in the OMI wallet can be showcased in the virtual showroom of the VeVe app, which is available for download on Google Play and Apple's App Store. Users have the flexibility to create and personalize their showrooms according to their preferences.

Furthermore, VeVe's augmented reality feature enables users to manipulate, rotate, and resize their items.

To engage with the services, users are required to import a certain quantity of OMI and convert it into the in-app currency called "Gems." VeVe differentiates itself from other NFT marketplaces like OpenSea and Rarible by operating within a closed ecosystem. Assets purchased and traded on VeVe can only be stored in the OMI wallet, which imposes limitations on potential secondary sales.

Under the marketplace tab, users can list their collectibles for sale and place bids on items from other users. The interface is user-friendly, seamless, and captivating, and a recent V2 update introduced visual enhancements and increased showroom capacity.

In a recent blog post, CEO David Yu emphasized ECOMI and VeVe's commitment to environmental sustainability. He highlighted GoChain's "energy-efficient" consensus method and announced a $7 million grant for environmental nonprofits and charities interested in selling NFTs for fundraising purposes.

ECOMI Team Background

David Yu serves as the Chief Executive Officer of ECOMI, a company he co-founded. In 1996, he established his initial business venture and subsequently embarked on several entrepreneurial endeavors within the licensing and retail sectors. ECOMI's other two co-founders are Daniel Crothers and Joseph Janik.

ECOMI Project Development

The VeVe Master Collector Program (MCP) is a loyalty program specifically designed to reward VeVe Collectors. By actively engaging in VeVe Collecting and accomplishing various objectives, collectors can progress through levels and enjoy benefits as they strive to become the ultimate Master Collector.

During the second quarter (Q2), the initial phase of the VeVe Master Collector Program (MCP) has been gradually rolling out on the VeVe app. This rollout offers insights into collectors' current Level, Daily Points Accumulation, and Rank in comparison to other collectors. Additionally, the MCP documentation has been updated and revised, and can now be accessed on the newly introduced VeVe blog.

As the program expands, it will incorporate ways to enhance Points earned by utilizing OMI tokens, granting VeVe Collectors multiple options to utilize their Points for in-app perks, items, and benefits.

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ECOMI Price Analysis

As of November 25 2024 ECOMI has a marketcap of $90M. This is {{percentagefromath}} from its all time high of $0.01343572. In terms of its tokenomics, there's a total supply of 311B with 87% currently outstanding. Keep in mind ECOMI has a fully diluted value of $103M which many investors might interpret as overvalued.

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.