Since the launch of OMI Rewards on VeVe, users have been required to bridge their tokens to the VeVe Web Wallet via the IMX Bridge to access the daily and seasonal rewards offered to OMI holders.

The IMX bridge required users to wait an extended period for OMI transactions to roll up and complete while paying multiple gas fees to receive their tokens. The same process was also required to send tokens to Ethereum Layer 1.

In May 2024, OMI was brought to Base, the fastest-growing Layer 2 on Ethereum. To improve the token’s utility and accessibility, it was decided that all future rewards and utility for OMI would be built on Base.

Self-Custody OMI Rewards

Through the collaboration with StackR World and the release of their StackR Marketplace in July 2024, users began to earn the same daily and seasonal rewards offered for OMI holders on VeVe by simply holding their tokens in the integrated StackR Self-Custody Wallet on the Base network.

Anyone who has spent time in web3 knows the mantra: “Not your keys, not your crypto.” With the StackR wallet, you control the private key to your wallet and retain full ownership of any crypto held within.

Your self-custody StackR Wallet is directly integrated into the StackR marketplace and serves as the primary wallet used to send and receive OMI and buy and sell VeVe collectibles via OMI to NFT.

StackR has sponsored all transactions with the OMI token that occur on Base Layer 2, eliminating the need for users to hold any other crypto other than OMI to participate in the ecosystem.

IMX to Base Migration Bridge

With the release of OMI to NFT on the horizon, a dedicated migration has been launched to allow users to directly receive their OMI on Base from IMX via their connected StackR Wallet.

Associated gas costs for the migration are being sponsored by StackR, and the bridge only requires a few minutes to complete the transfer.

To utilize the migration site:

1. Navigate to https://www.stackr.world/migration on your mobile or web browser. Alternatively, Users can access the migration via the VeVe Web Wallet and select “Bridge OMI”
2. Select “Sign In” and enter the email associated with your StackR account (If you have not yet created a StackR account, the email you utilize will create a new account and assign you a StackR Wallet. This does not need to be the same email you used to sign up for VeVe)
3. Complete the 2FA sent to your assigned email
4. Select “Connect VeVe” and enter the username and password associated with your VeVe Account (Note: StackR uses the official auth login software provided by VeVe to link your account with StackR. Your information is protected by VeVe and only the information required to facilitate transactions is shared with StackR.)
5. Select “Start Migration” and the migration will automatically initiate and update you through each step of the process in real time.

Once the migration has completed, the OMI will be visible in your StackR Wallet on the Base network.

Removing OMI From Your Web Wallet

With the IMX to Base migration bridge now available, we request that all users remove OMI tokens from their VeVe web wallets.

A transfer window will allow users time to migrate their tokens while still earning OMI rewards on VeVe. After this period is completed, any OMI held in a VeVe Web Wallet will not be eligible for OMI rewards.

Users who hold OMI in their StackR Wallet will automatically earn daily and seasonal OMI rewards, to a maximum of 10M OMI tokens. In order to be eligible for daily rewards, users must still remain active on the VeVe platform by logging in at least once every 7 days.

Should users choose to withdraw their OMI to any other private wallet, they can utilize the steps available for the IMX Bridge, but they will not be eligible for OMI rewards.

Information on this channel is for educational purposes only. It should not be considered financial advice; all users are advised to do their own research. See Disclaimer.

ECOMI

ECOMI is the issuer of the OMI token. The OMI token is intended for use in the VeVe digital collectibles ecosystem. With over 10 million digital collectible NFTs sold since the beginning of 2021 and a range of international brands, artists, and IP partners releasing content through the platform, VeVe is the world’s leading digital collectible platform.

The OMI token is intended to amplify the collecting experience and, when available, will provide VeVe collectors with a range of unique ways to build and expand their digital collections.

VeVe

Founded in 2018 by David Yu and Dan Crothers, VeVe was created for collectors by collectors to bring premium licensed digital collectibles & comics to celebrate fandoms globally.

‍The inaugural drop on VeVe was the #100 Todd McFarlane Batman from the famed Batman Black & White series. Since then, VeVe has released iconic limited edition collectibles including Spider-Man, Darth Vader, Green Lantern, Miles Morales, and the Walt Disney & Mickey Mouse Partners Statue. VeVe offers fully readable digital comics with the original covers and VeVe exclusive cover variants for grail comics such as The Incredible Hulk (1963) #1, Amazing Fantasy #15 — the first appearance of Spider-Man , Uncanny X-Men (1963) #1, Avengers (1963) #1 and many more spanning from the Golden Age to the Modern Age.

‍With over 10 million NFTs sold, VeVe is the largest mobile-first digital collectibles platform and one of the top grossing Entertainment Apps in the Google Play and Apple stores. You can buy, sell and play with your VeVe digital collectibles on your smartphone, take your digital comic collection with you wherever you go and read comics online on the VeVe app. VeVe’s augmented reality photo mode allows collectors to interact with every digital collectible, and share their favorites on VeVe’s in-app social feed or on Instagram, TikTok, Facebook and X (Twitter).

StackR

Founded in 2023 by Patrick Hable, StackR is a blockchain-focused marketplace for VeVe digital collectibles. Initially a data analytics platform, it now allows users to buy and sell VeVe collectibles using the OMI token. Key features include VeVe account integration, sponsored gas fees, and self-custody cryptocurrency wallets. StackR continues to innovate in the digital collectibles space, bridging traditional collecting with web3 technology.

Patrick Hable, a seasoned entrepreneur, brings extensive experience to StackR. He successfully launched 2iQ Research, a financial data and analytics firm serving global asset managers, hedge funds and vendors like Bloomberg and Factset, in 2003. He is a partner at 3 Comma Capital, a fully licensed Portuguese Asset manager that launched the first European crypto fund with daily liquidity and also invest in Web3 startups and other more traditional VC & PE investments. An early Bitcoin investor since 2013, Hable has been actively investing in and involved with various DeFi projects, including Chainlink and Aave, demonstrating his deep understanding of the cryptocurrency ecosystem.

IMX to Base OMI Bridge Now Available was originally published in ECOMI on Medium, where people are continuing the conversation by highlighting and responding to this story.

In 2024, ECOMI announced a new era for OMI utility, emphasizing utility and accessibility for the token.

With the introduction of OMI to NFT, daily and seasonal rewards for OMI holders, exchange listings, and the move to the Base Ecosystem for all OMI utilities, 2024 allowed us to make important strides toward improving and growing the project.

The community has been incredibly supportive as we worked diligently to deliver on many fundamental aspects of the token. Still, in doing so, we recognize that our communication with you on our progress was not where it needed to be.

As the company grows, we are working towards more open and transparent communications with the community about the features and utilities we are developing for the token.

In line with this commitment, we want to share a few updates about current and outstanding topics related to the OMI token.

OMI Token Removal

For those who have been following us for a while, you will be happy to know that the time has come to officially scratch off one of the longest-standing #soons the community has been asking for.

In late 2022, we committed to removing ~5.6 billion tokens, equal to 1.8% of the circulating supply, from the long-term business development fund.

This commitment was due to the transition from the original tokenomics designs to a more modern OMI utility system.

At the time of publication, the team is currently finalizing plans for sending the 5.6b OMI tokens to the Ethereum burn address, permanently reducing the circulating supply of the token.

This has been a long time coming, and we are pleased to deliver on this outstanding #wen for supporters of the project.

Token Liquidity Improvements

One of the most common requests from our community is to provide simple and secure ways in which to acquire the OMI token. We have renewed our focus on accessibility for the token which will continue throughout 2025 and beyond.

To improve access to the token, the team will be utilizing a portion of the business development fund to support liquidity provisions across the platforms on which the token is currently available.

A specific focus will be placed on provisioning resources to the OMI liquidity pool on the BASE network. This move is essential to ensure seamless access to the token for users as we work towards rolling out additional utility features on BASE, including more brands and IPs for OMI to NFT.

Accessibility comes in many forms and the team will continue to work hard to provide users with as many ways as possible to acquire and utilize the token within the ecosystem.

GOchain Migration / Founders Tokens

In early 2022, the OMI token was migrated from the GOchain network to Ethereum via IMX where it became an ERC-20 token.

Users were required to use the GOchain swap site to manually convert their tokens from the GO-20 to the ERC-20 standard to utilize their tokens.

While it has always been our intention to support the swap site indefinitely, recent outages with the swap site and the inability to utilize any tokens on GOchain within the ecosystem have resulted in the need to prioritize the migration of GOchain OMI tokens over to Ethereum.

With the swap site currently operational, we will be instructing all users with OMI on GOchain to migrate their tokens over to Ethereum to allow for more accurate and up-to-date token reporting, as well as to support the accessibility and utility features that are enabled with the token on the network.

With the original token contracts being created on GOchain, there are legacy wallets that belong to the company and founders that have yet to be migrated over to Ethereum.

The business development tokens will be migrated and used to support ongoing initiatives that improve the utility and accessibility of the token.

While neither moved their tokens in the 3 years that the swap site has been available, the team has requested that the founders migrate their tokens to Ethereum to support this initiative.

Note: The team cannot ensure any long-term support or stability of the GOchain network and strongly recommends that all users utilize the ECOMI swap site to migrate their tokens.

We want to extend our thanks to the community who have supported us as we continue to work towards delivering the features and utilities that you have been asking for.

We have a renewed focus on the OMI token for 2025 and beyond, and we look forward to continuing our commitment to communication by sharing further updates with you as they become available.

For more information and to stay up to date on all of the newest OMI features as they are released, join the ECOMI Discord and follow us on our socials.

Information on this channel is for educational purposes only. It should not be considered financial advice; all users are advised to do their own research. See Disclaimer.

About ECOMI

ECOMI is the issuer of the OMI token. The OMI token is intended for use in the VeVe digital collectibles ecosystem. With over 10 million digital collectible NFTs sold since the beginning of 2021 and a range of international brands, artists, and IP partners releasing content through the platform, VeVe is the world’s leading digital collectible platform.

The OMI token is intended to amplify the collecting experience and, when available, will provide VeVe collectors with a range of unique ways to build and expand their digital collections.

For more information on the utility features available and being worked on, please visit VeVe.me, follow our socials for the most recent updates, and subscribe to the blog to get updates delivered to your inbox. 📩

ECOMI / OMI Token Update was originally published in ECOMI on Medium, where people are continuing the conversation by highlighting and responding to this story.

All VeVe users can now buy and sell VeVe digital collectibles using the OMI token.

The StackR marketplace is now available for public testing.

The purpose of the public testing period is to allow users to explore the marketplace, test the various features that are currently offered and gather feedback from users to enhance the experience for all.

Your feedback is valuable to us and we encourage you to provide them in the StackR channels in the ECOMI Discord.

Throughout the first week of public testing, the Discord Stage will also be available at select times to enable users to ask questions and learn more. Plus, follow us on X as the ECOMI community manager will make guest appearances on community hosted Spaces to share updates accordingly.

We’re excited for everyone to experience it today — discover the StackR Marketplace here.

During public testing, it is important for users to be aware of the following:

1. All sales are final and all trades will result in transfers of OMI and VeVe Digital Collectibles.
2. Items available during public testing are not reflective of the full set of licensors and IP that will be eligible.
3. Terms of Service of both the VeVe and StackR platforms apply.

Information on the StackR collaboration can be found here.

Stay tuned as we will be releasing additional information on the functions and features at StackR Marketplace as public testing progresses.

We’d also like to take this opportunity to express our appreciation to all of the Private Beta Testers, including the ECOMI Red Silver logo holders, who spent countless hours assisting us to stress test features that enabled us to progress to this point.

Information on this channel is for educational purposes only. It should not be considered financial advice; all users are advised to do their own research. See Disclaimer.

About ECOMI

ECOMI is the issuer of the OMI token. The OMI token is intended for use in the VeVe digital collectibles ecosystem. With over 10 million digital collectible NFTs sold since the beginning of 2021 and a range of international brands, artists, and IP partners releasing content through the platform, VeVe is the world’s leading digital collectible platform.

The OMI token is intended to amplify the collecting experience and, when available, will provide VeVe collectors with a range of unique ways to build and expand their digital collections.

For more information on the utility features available and being worked on, please visit VeVe.me, follow our socials for the most recent updates, and subscribe to the blog to get updates delivered to your inbox. 📩

StackR Marketplace Now Open to the Public was originally published in ECOMI on Medium, where people are continuing the conversation by highlighting and responding to this story.

To even the most seasoned crypto user, blockchain and cryptocurrency can be a minefield to navigate. Understanding the differences between a token or coin, network or blockchain, circulating vs non-circulating supply and many other concepts can lead to confusion- understanding the OMI token is no exception.

While many in the community are aware that 750b tokens were minted during creation, there are several considerations affecting the circulating supply of the token, including: out of circulation tokens, tokens which were inadvertently locked up and tokens that have been permanently removed from supply.

Each of these factors has had an effect on the total supply of OMI and the accurate reporting of the circulating supply of the token. We will be covering each of these topics in detail to show the resulting maximum circulating supply for the OMI token.

Circulating Vs. Non-Circulating Tokens

A circulating token is OMI which is available to the public and can be held in either a user’s personal or exchange wallet.

The fully diluted or maximum circulating supply of the OMI token at the time of writing is 310,882,499,574 tokens.

While the number of OMI tokens in the circulating supply can never exceed this number, due to tokens which will be permanently removed from the circulating supply via OMI utilities, this number may decrease over time.

A non-circulating token is OMI which will never enter the circulating supply but was created to support the original token model.

Of the initial 750b tokens created, 40b tokens were used to pre-seed the Vault wallet and 300b tokens were used to pre-seed the Reserve wallet, both of which were out of circulation wallets.

The totality of this 340b tokens were permanently removed from the Vault and Reserve wallets in September 2024, allowing for more accurate tracking of the token and ensuring that they would never enter the circulating supply.

OMI Non-Circulating Token Removal | by ECOMI | ECOMI | Sep, 2024 | Medium

Current Circulating Supply vs. Maximum Circulating Supply

The fully diluted or maximum circulating supply of OMI is currently 310,882,499,574 tokens.

The current circulating supply of OMI is 270,951,644,947 tokens.

The difference between the circulating supply and maximum circulating supply is that the current circulating supply includes only tokens which can be held by users on exchanges or in private wallets, whereas the maximum circulating supply includes these tokens as well as the ECOMI Business Development Fund, which currently contains 39,930,854,627 tokens.

The Business Development Fund represents approximately 12.8% of the total tokens available in circulation and is held by the company for business development and continuity.

Inadvertent Token Lock-up

The initial OMI token model had 410b tokens that were allocated to be in the circulating supply.

In December 2020, during the writing of smart contracts for business development and founder token unlocks, human error resulted in 97,961,508,700 tokens being inadvertently locked up for over 52,000 years.

The entering of the epoch time on chain in milliseconds instead of seconds ensured that these tokens were effectively permanently removed, resulting in these tokens not being included in any circulation calculations.

Permanently Removed Tokens

Throughout the years, there have been multiple instances where tokens which were designed to function either within or outside of the circulating supply have been permanently removed.

While the inadvertent token lockup accounts for a vast majority of these tokens, an additional 26.381b tokens were permanently removed when the token resided on GO-Chain.

25,225,265,101 tokens were Reserve OMI which was burned on GO-Chain and 1,155,991,726 tokens were removed directly from the circulating supply.

This occurred as a result of users being able to purchase Gems on the VeVe platform with OMI, resulting in the equivalent token amount being permanently removed from circulation.

With the introduction of OMI to NFT, a buyer’s fee has been introduced which will permanently remove a percentage of every transaction directly from the circulating supply.

Token Reporting

The OMI token is currently listed on platforms such as CoinGecko and CoinMarketCap, allowing users to track various information and statistics on the project.

The team has provided API data to these platforms which allows them to track the accurate circulating supply of the OMI token. Unfortunately, CoinMarketCap has not been able to integrate the API to date, leading to self-reporting supplies and conflicting data across the two platforms.

By entirely removing the non-circulation tokens and ensuring that token removal only occurs directly from the circulating supply moving forward, this will assist these platforms with the proper integration of the API and ensure accurate token reporting for users.

To further assist users in tracking the token, the OMI Token Tracker is being updated to properly reflect the accurate circulating supply of the token.

For more information and to stay up to date on all of the newest OMI features as they are released, join the ECOMI Discord and follow us on our socials.

Information on this channel is for educational purposes only. It should not be considered financial advice; all users are advised to do their own research. See Disclaimer.

About ECOMI

ECOMI is the issuer of the OMI token. The OMI token is intended for use in the VeVe digital collectibles ecosystem. With over 10 million digital collectible NFTs sold since the beginning of 2021 and a range of international brands, artists, and IP partners releasing content through the platform, VeVe is the world’s leading digital collectible platform.

The OMI token is intended to amplify the collecting experience and, when available, will provide VeVe collectors with a range of unique ways to build and expand their digital collections.

For more information on the utility features available and being worked on, please visit VeVe.me, follow our socials for the most recent updates, and subscribe to the blog to get updates delivered to your inbox. 📩

Understanding the OMI Token Supply was originally published in ECOMI on Medium, where people are continuing the conversation by highlighting and responding to this story.

In preparation for a new era of OMI utility, ECOMI has permanently removed the remaining ~221 billion OMI tokens from the Vault and Reserve wallets.

This process was undertaken to provide an accurate reflection of the supply of the token and to mark the beginning of OMI utilities which will permanently remove tokens directly from the circulating supply.

What Is Token Removal

The term permanent removal in crypto, also referred to as token burn, is the action of sending cryptocurrencies to a wallet address which is not controlled or accessible by any person or entity.

These wallets are fully renounced and have no private key or recovery method to access the cryptocurrency within the wallet. This ensures that any cryptocurrency sent to the wallet can never be recovered and is permanently removed from circulation.

Circulating Vs. Non-Circulating Tokens

A circulating token is OMI which is available to the public and can be held in either a user’s personal or exchange wallet.

The fully diluted circulating supply of the OMI token at the time of writing is ~310b tokens.

A non-circulating token is OMI which will never enter the circulating supply but was created to support the original token model.

The total supply of the OMI token including the non-circulating tokens which will never enter circulation is 750b tokens.

Removing Non-Circulating Tokens

The original token model contained a “Vault”, “Reserve” and “Burn” wallet with tokens which were pre-seeded from the total supply to support the operation of the system.

These tokens were never intended to enter the circulating supply, but their existence has led to confusion for users and issues with tracking the accurate circulating supply of the token on platforms such as CoinMarketCap and CoinGecko.

Removing the non-circulating tokens from the Vault and Reserve wallets provides clarity for users about the circulating supply for OMI and allows for more accurate tracking and reporting of the token.

The New Era of OMI Utility

Having utilities which only remove tokens directly from the circulating supply ensures that users have a consistent understanding of the token model and the ability to accurately track the available supply.

With the introduction of OMI to NFT, a percentage of every transaction is permanently removed directly from the circulating supply via the user-initiated buyer’s fee. More information on OMI to NFT will be released as the feature goes live.

Users will be able to track the token supply in real time by using the ECOMI Token Tracker which will be regularly updated to reflect the total tokens in circulation.

For more information and to stay up to date on all of the newest OMI features as they are released, join the ECOMI Discord and follow us on our socials.

Information on this channel is for educational purposes only. It should not be considered financial advice; all users are advised to do their own research. See Disclaimer.

About ECOMI

ECOMI is the issuer of the OMI token. The OMI token is intended for use in the VeVe digital collectibles ecosystem. With over 10 million digital collectible NFTs sold since the beginning of 2021 and a range of international brands, artists, and IP partners releasing content through the platform, VeVe is the world’s leading digital collectible platform.

The OMI token is intended to amplify the collecting experience and, when available, will provide VeVe collectors with a range of unique ways to build and expand their digital collections.

For more information on the utility features available and being worked on, please visit VeVe.me, follow our socials for the most recent updates, and subscribe to the blog to get updates delivered to your inbox. 📩

OMI Non-Circulating Token Removal was originally published in ECOMI on Medium, where people are continuing the conversation by highlighting and responding to this story.

Moving the OMI token between Base Layer-2 and Ethereum Layer-1 just got a whole lot faster! 🙌

Using the Relay Bridge by Reservoir, users can now forego the 7-day challenge period from the blockchain and receive their tokens in a matter of seconds.

The OMI token has been whitelisted on the Relay Bridge with liquidity provided on both layers to ensure that tokens arrive quickly and easily, regardless of which layer you are sending to.

Using the Relay Bridge

Bridging your OMI between layers doesn’t need to be complicated, connect your wallet and move your tokens in minutes using the following steps:

1. Navigate to the Relay Bridge on your desktop or mobile device using this link: https://relay.link/
2. Click “Connect” and select the self-custody wallet that holds your OMI you wish to bridge
3. Once connected, select “Bridge” and find “OMI” from the whitelisted tokens list
4. Choose whether you want your tokens to go from ETH to Base or Base to ETH. Note: Your available balance will show under each chain, along with the the maximum you can send with fees
5. Click “Bridge” and sign the transaction if required.

Once the bridge has completed your transaction, you will receive a confirmation and your tokens will now be available on the new chain.

You can select “transactions” to view your history, including fees paid and the time it took to complete the bridge.

Note: The Relay Bridge is intended for use between ERC-L1 and Base L2 and will not allow you to bridge tokens to and from the VeVe Web Wallet.

For more information on the Relay Bridge by Reservoir and to stay up to date on all of the newest OMI features as they are released, join the ECOMI Discord and follow us on our socials.

Information on this channel is for educational purposes only. It should not be considered financial advice; all users are advised to do their own research. See Disclaimer.

About ECOMI

ECOMI is the issuer of the OMI token. The OMI token is intended for use in the VeVe digital collectibles ecosystem. With over 10 million digital collectible NFTs sold since the beginning of 2021 and a range of international brands, artists, and IP partners releasing content through the platform, VeVe is the world’s leading digital collectible platform.

The OMI token is intended to amplify the collecting experience and, when available, will provide VeVe collectors with a range of unique ways to build and expand their digital collections.

For more information on the utility features available and being worked on, please visit VeVe.me, follow our socials for the most recent updates, and subscribe to the blog to get updates delivered to your inbox. 📩

Relay x OMI Token Bridge was originally published in ECOMI on Medium, where people are continuing the conversation by highlighting and responding to this story.

We are excited to announce our collaboration with StackR, an emerging blockchain/web3 focused business that is launching a digital collectibles marketplace.

For the first time, VeVe users will be able to buy and sell VeVe digital collectibles using the OMI token.

Over the coming weeks we will be launching a closed beta to gather feedback and ensure proper functionality of the marketplace. We intend to invite additional users in for beta testing on an ongoing basis and will provide updates accordingly.

Keep an eye out on socials for more details on the StackR Marketplace and onboarding instructions.

The team would like to extend a heartfelt thank you to our passionate community for your continued patience over these past years as this core pillar of OMI Utility has been envisioned and developed.

FAQ:

How do I use my OMI in the StackR Marketplace?

This will be through non-custodial wallets on the Base Layer 2 Network. More information to follow on how to set up and use a free self custody wallet during StackR onboarding as well as how to deposit OMI into the wallet.

What happens to the VeVe digital collectibles being traded on StackR?

The VeVe digital collectibles will remain held in VeVe user wallets on IMX and your VeVe account will be updated to reflect any collectibles you buy or sell on StackR.

Which VeVe digital collectibles will be eligible for trading on StackR?

The availability of VeVe digital collectibles for StackR is dependent on licensor and other requirements. Information will follow on the digital collectibles available for the initial phase.

Does this change how VeVe Store sales work (i.e. sales/drops by VeVe to users in the VeVe app)?

No, you can continue to purchase from the VeVe Store as you currently do using gems on VeVe. The StackR marketplace is for peer to peer (user to user) trading of OMI for VeVe digital collectibles.

Are there fees associated with using the marketplace?

Transactions on the marketplace include licensor and marketplace fees payable by the seller, along with a buyers fee payable in OMI which will be permanently removed from circulation.

Can I still use my gems in the VeVe secondary market?

The VeVe secondary market will continue to operate as it does currently.

Can I use my OMI in my VeVe IMX Wallet on the StackR Marketplace?

No, StackR will facilitate automatic bridging of your IMX OMI to your personal wallet on the Base network. More details to follow.

Will I keep my seasonal OMI Reward balance if I move my OMI from IMX to Base?

Yes, the OMI Rewards will account for OMI balance averages in your VeVe IMX Wallet, as well as your StackR connected self custody user wallet on Base.

Information on this channel is for educational purposes only. It should not be considered financial advice; all users are advised to do their own research. See Disclaimer.

About ECOMI

ECOMI is the issuer of the OMI token. The OMI token is intended for use in the VeVe digital collectibles ecosystem. With over 10 million digital collectible NFTs sold since the beginning of 2021 and a range of international brands, artists, and IP partners releasing content through the platform, VeVe is the world’s leading digital collectible platform.

The OMI token is intended to amplify the collecting experience and, when available, will provide VeVe collectors with a range of unique ways to build and expand their digital collections.

For more information on the utility features available and being worked on, please visit VeVe.me, follow our socials for the most recent updates, and subscribe to the blog to get updates delivered to your inbox. 📩

StackR Marketplace Collaboration Announced: VeVe Users to Buy & Sell Collectibles with OMI Token was originally published in ECOMI on Medium, where people are continuing the conversation by highlighting and responding to this story.

For those VeVe users that met the eligibility requirements, a “Claim” button and instructions will appear on the main page in their VeVe Account on the VeVe 2.0 web app platform (this will not appear in the iOS or Android apps).

Users are required to submit an eligible Starknet wallet address that they create using either Braavos or Argent wallet.

Note: Starknet wallet addresses contain 66 characters, EVM wallets contain 42 characters.

Users who provide a wallet that is not compatible with Starknet will not receive a distribution.

The deadline for submitting your Starknet wallet address is July 15, 2024 at 00:00 (GMT).

The wallet address will be provided to the Starknet Foundation and the Starknet Foundation will distribute the tokens to the wallet. VeVe and ECOMI are not involved in or responsible for the distribution of the tokens.

FAQ:
Why do I not see a Claim button in my VeVe Wallet?

You will see a claim button if you met the eligibility criteria which includes the following requirements:

• You have a valid KYC’d VeVe account (Max of 1 per user)
• You completed 8 or more transactions on Immutable X before June 1st, 2022

Note: Residents of the US and sanctioned countries are not eligible

When will I receive my STRK Tokens?

• Starknet Foundation will distribute the tokens to the wallet addresses that are submitted in the weeks following the deadline mentioned above.

Disclaimer:
(1) Starknet Foundation is the organizer of and solely responsible for the distribution of the STRK tokens based on their eligibility criteria, (2) Orbis Technology Limited (VeVe) and ECOMI Technology Pte Ltd (ECOMI) have no responsibility for the distribution and those users participating release VeVe and ECOMI from any liability in relation to the distribution, and (3) the purpose of the process provided in the Web Wallet is solely for ECOMI to collect users’ nominated wallet addresses and provide it to Starknet Foundation for the purpose of Starknet Foundation carrying out the distribution.

STRK Token Distribution was originally published in ECOMI on Medium, where people are continuing the conversation by highlighting and responding to this story.

The Times They Are a Changin’

In January of 2022, OMI migrated from GO-Chain to become an ERC-20 token on the Ethereum blockchain. This change allowed for OMI to be more readily accessible on exchanges and supported the initial implementations of OMI utility via Immutable X.

The Ethereum blockchain and its native token have historically been considered the go-to choice for NFT enthusiasts. The Layer 1 solution provides benefits such as security and decentralization, but at peak periods of utility, the network is often affected by issues such as congestion and gas fees.

Enter Layer 2

A Layer 2 Ethereum solution is designed to enhance scalability and throughput while maintaining the security and decentralization of the Ethereum blockchain. By processing transactions off-chain and settling them on-chain, a Layer 2 significantly reduces congestion and gas fees, making it an ideal platform for high-volume applications like NFT trading.

Layer 2 chains allow users to enjoy faster transaction times and lower costs without compromising on security or reliability. It represents the next evolution in Ethereum, empowering developers and users alike to unlock the full potential of decentralized finance, gaming, and digital collectibles.

Covering the Bases

Base is an Ethereum Layer 2 which has been built using the open-source OP stack and is incubated by Coinbase. It features a secure, low-cost, builder-friendly environment and is aiming to bring the next billion users onchain.

Base has seen unprecedented growth since launching. In the past 30 days, 3.2 million unique active wallets have completed over 22 million transactions with $13.2 billion in total volume.

At the time of writing, Base is currently ranked third of all Layer 2’s by Total Value Locked (TVL) at $5.4 billion. The chain has emerged as a strong contender to become the most popular Layer 2 on Ethereum.

OMI x BASE

The Base chain is supported by several exchanges, the most notable being Coinbase. As Coinbase offers FIAT on-boarding for crypto, users from every jurisdiction supported by the exchange, including the United States, will be able to acquire the OMI token in only a few clicks and for a fraction of the gas cost of Ethereum Layer 1.

A Base OMI/ETH pool has been created on Uniswap that users can utilize to easily acquire the OMI token ⭕

BUY THE OMI TOKEN ON BASE

To purchase OMI on Base, complete the following steps:

Note: If you already have tokens you wish to swap for OMI on the Base chain, skip to step 5.

1. Sign up for a Coinbase account using this link
2. Complete KYC and enable 2FA for your account
3. Link a payment method to your account (Credit/Debit Card, Bank Account)
4. Purchase Ethereum (ETH) using your linked payment method
5. Send ETH to your private wallet (Coinbase Wallet, Metamask, Uniswap Wallet etc) using the Base network. Note: Ensure you are depositing to an address on the Base chain.
6. Add the custom OMI Token Contract for Base to your private wallet. Contract Address: 0x3792DBDD07e87413247DF995e692806aa13D3299
7. Swap Ethereum for OMI using the Uniswap pool on mobile or desktop.

OMI Token (OMI): Buy, sell, and trade on Uniswap

OMI Base Bridge

The team at StackR are hosting an interface for the Base Bridge which will allow users to easily and seamlessly move their OMI between Ethereum Layer 1 and Layer 2.

The bridge, which can be accessed here, allows users to connect using their self-custody wallet and move OMI between layers with only a few clicks and with no additional costs beyond the gas fee associated with the blockchain.

BRIDGE THE OMI TOKEN TO BASE

To bridge OMI between layers using the OMI Base Bridge:

1. Open the OMI Base Bridge website which can be found here
2. Connect your wallet by selecting “log in” and select your self-custody wallet
3. Approve your wallet for signing transactions by selecting “Approve” and completing the prompts to allow your wallet to complete transactions on the bridge
4. Select “Deposit” for OMI going to Base or “Withdraw” for OMI coming off of Base
5. Enter the amount of tokens you want to bridge and select “Bridge”
6. Approve the gas fee being charged by the bridge to receive your tokens

Stackr OMI Bridge

Base is the Foundation

The move to Base greatly increases accessibility for the OMI token. As of April 2024, Coinbase reported having 98 million users worldwide, with over 6 million active each month and $335 billion in trading volume each quarter.

Looking ahead, Base has announced that they are developing a Smart Wallet that will allow users to integrate payments across platforms with a click of a button. They are also working towards utilizing the Super Chain, which is a network of Layer 2 blockchains sharing a common development stack with the intention of allowing individual chains to communicate and function as a single unit.

These developments show great promise in the pursuit of crypto accessibility and security, and having the OMI token on the Base chain is a continued step in the right direction for providing these types of features to users.

For more information on the OMI Base Bridge and to stay up to date on all of the newest OMI features as they are released, join the ECOMI Discord and follow us on our socials.

FAQ

How Does Base fit into the OMI ecosystem?

The Base chain greatly improves accessibility and cost by allowing users from any region supported by Coinbase to acquire OMI for a fraction of the gas of Ethereum Layer 1

Can I just leave my OMI in my self-custody wallet on Layer 1?

OMI on Base is intended to increase accessibility for the token and is not a token migration. There is no requirement to move your tokens onto Base.

How do I find the OMI token on Base?

The Contract Address for OMI can be found below. Always double check you are utilizing the correct contract before proceeding.

0x3792DBDD07e87413247DF995e692806aa13D3299

Which wallet types can I connect to the StackR bridge to move my OMI onto the Base network?

Currently supported wallets include:

MetaMask — Coinbase Wallet — Rainbow — WalletConnect

Can I use any crypto to purchase OMI on Base?

You can use any crypto supported on the Base chain to swap for OMI, however, you will require ETH for the small gas fee charged by the blockchain

Where can I find directions on how to buy or bridge OMI on Base?

The OMI Has a New BASE Medium Article contains step by step directions as well as an explainer videos on how to purchase and bridge the token on Base

Do I have to sell my OMI tokens on Layer 1 and then use funds to buy OMI on Base?

You are not required to sell your OMI. The OMI Base Bridge will help you bridge your existing tokens onto Base

Where do I go to swap my tokens from Layer 1 to Base?

The bridge site can be accessed using the following link: https://bridge.stackr.world

Can I send my OMI straight from my VeVe Web Wallet (IMX) to Base or Base to IMX?

Not currently. Both networks are built on top of Ethereum, so tokens must be bridged back to Layer 1 to move to a different Layer 2

Can I send my OMI from an exchange to my Layer 2 Base wallet?

Tokens on exchanges are Layer 1 and will need to be withdrawn to a self-custody wallet and then bridged via the OMI Base bridge before they are available on Layer 2

I have OMI on GO-Chain, what should I do?

GO-Chain OMI is not supported on Ethereum. It is recommended that users bridge their OMI from GO to Ethereum if they wish to use their tokens

How long does a deposit from Ethereum Layer 1 to Base take?

Deposits onto Base using the OMI Base Bridge are generally completed in only a few minutes and in approximately 15 block confirmations

How long does a withdrawal from Base to Ethereum Layer 1 take?

Optimistic rollups have a 7-day challenge period for withdrawing to layer 1. This is a function of the chain itself and is applicable for all tokens

How expensive is it to bridge my tokens between chains?

The only fee charged is the gas from the blockchain itself which varies depending on network congestion. Bridging can often be done for as little as a few dollars

Information on this channel is for educational purposes only. It should not be considered financial advice; all users are advised to do their own research. See Disclaimer.

About ECOMI

ECOMI is the issuer of the OMI token. The OMI token is intended for use in the VeVe digital collectibles ecosystem. With over 10 million digital collectible NFTs sold since the beginning of 2021 and a range of international brands, artists, and IP partners releasing content through the platform, VeVe is the world’s leading digital collectible platform.

The OMI token is intended to amplify the collecting experience and, when available, will provide VeVe collectors with a range of unique ways to build and expand their digital collections.

For more information on the utility features available and being worked on, please visit VeVe.me, follow our socials for the most recent updates, and subscribe to the blog to get updates delivered to your inbox. 📩

OMI Has a New BASE was originally published in ECOMI on Medium, where people are continuing the conversation by highlighting and responding to this story.

With more than 10 million users across 170 countries and regions, MEXC were among the first movers and pioneers of financial and blockchain technology. Regularly reporting more than $1 billion + in daily trading volume, the exchange garners over 3.5 million weekly visits and has one of the most comprehensive market and coin pairings in the industry.

At the time of writing, MEXC is ranked #14 globally on CoinMarketcap and #15 on Coingecko for normalized spot trading volumes.

By prioritizing accessibility and security for their community, MEXC has grown to amass more than 1.1 million followers on X and more than 179,000 on Telegram.

MEXC aims to become the go-to platform for new traders and experienced investors as they move forward in their financial journey.

Earn Your Share of OMI Tokens !

To celebrate this listing, MEXC is offering a Kickstarter promotion for users to receive bonus OMI tokens and USDC! ⭕️

Kickstarter: $60,000 in OMI and USDC

The Kickstarter event is an activity initiated during the pre-launch stage of a project where users can vote to support their favorite project on MEXC, which then airdrops its tokens to all successful voting users.

Users have the opportunity to share a $60,000 prize pool of OMI and USDC in the Kickstarter campaign.

This campaign is available for only 24 hours, beginning from the listing announcement at 11:00 am UTC on April 3 (that means it’s open now!).

Campaign Period: 14:00 3rd Apr 2024–13:50 4th Apr 2024 (UTC)

In order to participate:

1. Sign up through this specific link and complete your KYC
2. Join the OMI discord server and follow us on X.
3. Hold a minimum of 1,000 MX for 30 consecutive days before 2024–04–02 4:00 PM (UTC).
4. Using a minimum of 1,000 MX tokens, Vote for $OMI using this link.

Note: You are required to have held 1,000 MX tokens for 30 consecutive days before the announcement in order to be eligible for the promotion.

The airdrop rewards will be distributed according to the participation ratio within 1 hour of the event’s conclusion.

The rewards will be distributed based on the users’ valid committed quantity of MX.

Please see the MEXC announcement page for more details, and stay tuned for more announcements!

How to Create a MEXC Account

1. Register for an account using this link.
2. Enter your details, and verify the account using the code sent to your registered email.
3. We strongly suggest activating additional security features like two-factor authentication
4. Once registered, you can verify your account through the profile settings page.
5. Complete the KYC verification to ensure your account is registered and verified
6. Deposit OMI into your account within the promotional periods listed above to participate in the Kickstarter promotion.

Qualification and rewards distribution will be handled solely by MEXC Exchange. For more information about each promotion, please join the MEXC Telegram group to speak with their team, or join the ECOMI Fam on Discord 👾

Don’t forget! Follow us on socials to join our future campaigns and promotions!

Information on this channel is for educational purposes only. It should not be considered financial advice; all users are advised to do their own research. See Disclaimer.

About ECOMI

ECOMI is the issuer of the OMI token. The OMI token is intended for use in the VeVe digital collectibles ecosystem. With over 10 million digital collectible NFTs sold since the beginning of 2021 and a range of international brands, artists, and IP partners releasing content through the platform, VeVe is the world’s leading digital collectible platform.

The OMI token is intended to amplify the collecting experience and, when available, will provide VeVe collectors with a range of unique ways to build and expand their digital collections.

For more information on the utility features available and being worked on, please visit VeVe.me, follow our socials for the most recent updates, and subscribe to the blog to get updates delivered to your inbox. 📩

OMI is Now Listed on MEXC Exchange was originally published in ECOMI on Medium, where people are continuing the conversation by highlighting and responding to this story.