Proof Run For Art

https://poof.run/

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Omi / Ecomi Coin – Hidden Gem?

NFTs have been tanking all week while the collectibles market has stayed relatively stable to strong. An app that uses tokens is VeVe, a Singaporean company that sells, resells and collects brand name comic books, characters and models.

The Veve app uses tokens called “Gems” that users need to exchange from fiat USD into Gems in order to purchase these collectibles. However Veve has started using a stable coin token called Omi / Ecomi in their eco system. Their ecosystem does not just involve Marvel but also Disney, DC, and other collectible relatable markets.

There is no direct way to export Gems out of the Veve ecosystem. The Omi token is the bridge between the crypto world and this collectibles environment. At such a cheap price and the possible potential for more collectibles and the market to grow, the token is undervalued as a crypto venture. The coin is not even available for sale on coinbase, but will be soon at some point.

The live ECOMI price today is $0.003988 USD with a 24-hour trading volume of $2,671,655 USD. We update our OMI to USD price in real-time. ECOMI is down 1.15% in the last 24 hours. The current CoinMarketCap ranking is #217, with a live market cap of $663,125,489 USD. It has a circulating supply of 166,285,821,196 OMI coins and a max. supply of 750,000,000,000 OMI coins

What Is ECOMI (OMI)?

ECOMI is a Singapore-based technology company in the digitible collectible space. The company has created VeVe, a blockchain-based digital collectibles marketplace, for users to buy and share their collectibles across the social network service.

ECOMI is made up of two different elements: the former ECOMI Collect ecosystem (now known as VeVe) and the ECOMI Secure Storage Wallet. VeVe contains the VeVe store, a second-hand market, an augmented reality showroom and a social feed.

VeVe works with brands including Batman, Superman, Harley Quinn, Ghostbuster, NFL and MLB, along with others.

The OMI token is a utility token that is used as a medium of exchange when a user buys, sells or trades their digital collectibles on the VeVe platform. OMI also ensures the immutable record of ownership for the digital collectibles.

Who Are the Founders of ECOMI?

David Yu is the CEO of ECOMI. He founded his first business in 1996, and has since started various businesses across the license and retail industry. Daniel Crothers and Joseph Janik are the other two co-founders of ECOMI.

What Makes ECOMI Unique?

ECOMI allows users to both buy and sell digital collectibles, as well as show off their items with VeVe’s social media aspect. VeVe also has brand partnerships with well-known licensors in the traditional collectors market, as mentioned, including many D.C. characters like Batman and Wonder Woman.

VeVe allows users to create virtual showrooms to share their collectibles with other users globally, both on their phones and in augmented reality form that allows you to physically walk around these virtual settings. The augmented reality of VeVe means that you can also place your collectibles around you in AR.

How Many ECOMI (OMI) Coins Are There in Circulation?

The OMI token was first sold in an initial exchange offering on Bitforex as part of the private/pre-sale round, with a hard cap of 1,500 BTC. In every stage of the fundraising process, one OMI was equal to 1 satoshi.

The total supply of OMI is 750 billion: 20% of the total supply was available during the OMI sales, equivalent to 150 billion OMI.

Within the VeVe tokenomic system, about 40% (or 300 billion OMI) are held in the in-app reserve.

How Is the ECOMI Network Secured?

The OMI token is a GO20 token, meaning that it is built on the GoChain blockchain. GoChain is a scalable, decentralized blockchain that supports smart contracts and decentralized applications (DApps). GoChain is also completely backwards compatible with the Ethereum blockchain.

The price is not only cheap, the token itself is being burned every time a collectible is bought via the app. Once the coin becomes legitimized and enters main stream exchanges, the potential could be enormous. This would be a long term investment until more coins are burned at the coin becomes available on more exchanges. Veve has a wallet to store omi coins along with the collectables.

Something is brewing in Lithium

Lithium has been something of a sleeper hit since 2020. Several lithium miners have done quite well over the recent year. Taking off in a vertical fashion from pennies to dollars. Big institutional names have now started to allocate portions of capital into these Lithium companies. Blackrock being one of them.

https://www.newswire.ca/news-releases/sigma-lithium-announces-closing-of-private-placement-for-gross-proceeds-of-c-136-7-million-849270167.html

https://ca.finance.yahoo.com/news/rock-tech-lithium-announces-intended-204300199.html

https://www.bloomberg.com/news/articles/2021-12-21/rio-tinto-to-buy-argentinian-lithium-project-for-825-million

Might want to wait for a pullback but the revival of lithium as a commodity is definitely rising.

Guess I was right two years ago!
https://millenialmoneymaker.home.blog/2019/10/16/lithium-the-battery-metal-set-to-recharge-and-boom/

Crypto Companies Crushed – A Buy Signal?

During the month of December, every single crypto currency company has been slammed removing all froth from the market. The weird thing is the price of bitcoin has stayed sideways after countless meetings and public berating. The hemorrhaging pressure has not stopped. However is this now a perfect entry point into a possibly undervalued market? Some companies have even decide to be proactive by changing their names and ticker symbols.

Fortress Blockchain has now changed the companies name and ticker symbol to Cathedra Bitcoin

This sea of red looks like a great buying opportunity incase the market decides to U-turn at any moment heading back into the green lane.

Domains

Jordan Fried owns the rights to NFT.com. This company is a no brainer with the controlling interest in that domain. With Kevin O’Learys backing, the future is looking bright.

WonderFi is another company also owned by O’Leary that is interesting

Both are trading at 1.50$, gettem while you can

2 Rights means a lot of money!

Hut 8 Mining Corp. (TSX: HUT) announced today that it filed its F-10 form in March as part of its plans to join the Nasdaq big board. Form F-10 is required by the Securities and Exchange Commission to allow Canadian publicly traded companies to register and sell securities in the United States.

According to Jaime Leverton, CEO of Hut 8 Mining, the company has been continuing its move forward to complete a potential listing on the Nasdaq. “We are incredibly excited about what this means for Hut 8 and are proud to pursue the opportunity to join the ranks of global technology companies listed in the U.S,” said Leverton.

Hut 8 Mining continues to trade its common shares on the Toronto Stock Exchange under the symbol “HUT”, and intends to remain listed on the exchange if approved to trade on the Nasdaq as well.

Hut 8 Mining Corp. last traded at $5.62 on the TSX.

HUT8 and BITF are oversold

Two Crypto currency miners have been hit hard with the Coinbase IPO this week. A major sell off in their respective stocks have brought the price into oversold territory.

Both stocks are now being considered as uplisting candidates to either the nasdaq and in Bitfarms case to the TSX as well. If the Nasdaq uplisting is approved. Watch for these stocks to pop past their respective all time highs. I also predict Bitfarms will exceed Riots current evaluation once listed on the Nasdaq and HUT 8 will bypass Mara.

Super Gains for Super League Gaming, Inc.

One of my previous posts mentioned SLGG as undervalued
https://millenialmoneymaker.home.blog/2020/08/28/esports-the-new-money-making-game/

Looks like I was right on the nose again. If you followed this blog and saw my analysis, you should have made 10x profits just from buying and holding.

https://www.google.com/search?sxsrf=ALeKk006iDf1tF1wwQIfHLkStd2COlIRaw:1616428196544&q=NASDAQ:+SLGG&stick=H4sIAAAAAAAAAONgecRowS3w8sc9YSn9SWtOXmPU5OIKzsgvd80rySypFJLmYoOyBKX4uXj10_UNDdOyqsqzMtKNeRax8vg5Brs4BlopBPu4uwMAu89h1EwAAAA&sa=X&ved=2ahUKEwivv9ajoMTvAhXCxVkKHfDzBEEQsRUwG3oECCcQAw&biw=1422&bih=1002

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