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Discord Recap - Dan Crothers (First Appearance) on VeVe Official #general-chat April 2, 2021
Written by AdministratorThe following is a recap of the first discussion by 
Dan Crothers, COO and Co-Founder of Ecomi/VeVe on Discord's VeVe Official #general-chat lobby on April 2, 2021.
Summary
- Ultraman 2D Super Rare will not be delivered during this downtime
- Ecomi Secure Wallet will be restocked in a few weeks and a new update to the app is coming soon
- VeVe is considering options on a new drop strategy
- Gem refund will happen before the Mermicorno drop
- Will look at new channel dedicated to updates
- Full sets will be available for sale
- VeVe OMI wallet upgrades are almost in place
- Down for maintenance from 03:15 am to 07:00 am April 2, 2021 to prepare for the upcoming drops
- iOS does not have OMI wallet need to go to web address omi.veve.me
- VeVe looking into 1 Euro = 1 Gem. Fees from Google and Apple affect the price
- There is a purchase limit in place. 5 for Common / Uncommon, 2 Rare, and 1 Ultra Rare
- The number of Ultraman 2D drop will be announced
- Future editions will have higher editions
- VeVe app will have 2FA and biometric security
- Working on changing drop times to meet other countries (ie. Australia)
- Star Trek is coming soon
- VeVe app will have Maintenance mode
- VeVe is from New Zealand
- Classic Ultraman coming soon
- VeVe app feature to convert OMI to Gems coming soon
- No increase to burn percentage planned
- Fix to the collectible screen where not all owned collectibles are being displayed is coming soon
- All Blacks (New Zealand Ruby Team) collectibles will be pursued
- Details on Reward program coming in Q2
- VeVe is not 100% decentralized
Transcript
! ! ! ! Jamie / VeVe: white
cyrusm
DanC
Kriatianx03
DanC
kakigaijin
DanC
StayingAlpha
DanC
DanC
CosmicViper
DanC
Chance
DanC
Dubbelosix
DanC
yoshiko’s happyjungle
DanC
! ! ! ! Jamie / VeVe: white
DanC
hahakakigaijin
Dubbelosix
DanC
discopotato
DanC — 04/02/2021
DanC
nick!**
DanC
garlick
DanC
N7SHP
DanC
MANTRA VALENTIN
DanC
MaxiAtlas1988
DanC
GlennBe
DanC
Meezybaby
DanC
cyrusm
Fufu
cyrusm
DanC
Solo
DanC
FastEddie97
DanC
mega stacker
DanC
Fufu
DanC
BroCertified
DanC
CosmicViper
DanC
mega stacker
DanC
Amyg
DanC
riatianx03
DanC
mega stacker
DanC
! ! ! ! Jamie / VeVe: white
DanC
jujuba
International Sloth
DanC
Midnight City
MoreDadJokes
my pants today when my collectibles disappeared literally in front of my eyes when the app was taken offline for maintenance! When do you think you can have implemented in-app notifications instead of relying on Twitter as the main communication line to us, your devoted fans? DanC
Sorry to scare you! hahaSolo
DanC
Fiop
Deanas32
MrBigTimeCEO
Deanas32
MrBigTimeCEO
Deanas32
MrBigTimeCEO
Deanas32
MrBigTimeCEO
DanC
GlennBe
DanC
slik_wils
DanC
But in all seriousness we are getting there. Last 1-2 months have required all hands on deck for optimisations but rest assured we're on itmentalist420
swapping? When will that feature come back?DanC
guccimane40
ArtMac
DanC
DanC
Meezybaby
josh doctson
danny113
hellomot
danny113
hellomot
danny113
hellomot
danny113
DanC
hellomot
danny113
hellomot
danny113
hellomot
danny113
hellomot
danny113
hellomot
DanC
uhsasun
DanC
ArtMac
DanC
Jingi90_Robin
DanC
d3ƐP
DanC
DanC
Telegram AMA Recap - Ecomi Hosted by BitSquad February 25, 2021
Written by AdministratorRecap of AMA on Telegram with "The Cat" from Bitsquad interviewing Dan Crothers, COO and Co-Founder of ECOMI and Rhys Skellern, Communications Manager of ECOMI on February 25, 2020.
 |
 |
 |
|
Summary
- Ecomi is the name of the company established in 2018 while VeVe is the app available in iOS and Android
- License restrictions required VeVe to stay under the radar
- Ecomi secured 100+ brands
- Warner Brothers
- DC Collectibles
- Harley Quinn
- Batman
- The Joker
- Superman
- Ghostbusters
- TOKIDOKI
- Donutella
- Unicorn
- Cactus Friends
- Back to the Future
- Jurassic Park
- Fast and the Furious
- CryptoZoic Cryptkins
- Ultraman
- Cartoon Network
- Adventure Time
- Powerpuff Girls
- We Bare Bears
- Tuzki
- CBS
- Star Trek – The Next Generation
- Star Trek – Picard
- Star Trek - Discovery
- NFL
- Capcom
- Street Fighter – Separate from WAX and will be interactive AR
- Monster Hunter
- Monster Hunter - Iceborne
- Warner Brothers
- OMI is a utility token used to buy digital collectibles in the VeVe app
- No relationship to ECOM token
- NFTs remain in VeVe for now
- Official Announcement: Licensed with General Motors (Pontiac, Chrysler, GMC, Cadillac, and concept cars)
- Available globally with Secret-Rare
- Official Announcement: Ghostbusters Ecto-1 will be dropped
- GoChain was selected a few years ago because it serves the needs of the business
- Looking to support multiple chains
- Links to Tokenomics documentation provided
- Core team is co-founder David Yu and SVP of licensing Alfred Kahn who brought Pokemon to the US
- Video of Back to the Future DeLorean in AR in drive mode
- Roadmap coming this year
- Custom branded showrooms with multi-user interactivity
- OMI staking
- Blind box openings
- VeVeVerse (no elaboration)
- A brand new type of digital product with leading licensors
- A new exchange listing (Currently on BitForex only)
- Option to trade with others
- Convert gems to OMI token
- Collaborations with manga, artists, rappers, fashion designers etc.
- Virtual reality action figures/vehicles with the ability to battle and race
- Web platform
- Interoperability with wearables
- Wrapped version of OMI – wOMI for Ethereum
- Drops will become weekly once out of Beta
- Secret-rate is the most rare and the lowest edition
- Ready Player One experience is the goal for VeVe
- VeVe has geo-locating ability
- Detailed explanation of OMI, the burn mechanism and it’s utility
- Google sheet available with OMI burned for the day
Transcript
Dan | ECOMI, [25.02.21 12:45]
Hey guys!
Looking fwd to this AMA 👍👍
John Do, [25.02.21 12:46]
[In reply to Dan | ECOMI]
The myth the legend
Dan | ECOMI, [25.02.21 12:46]
lol, I'm just a normal guy!
Tommy, [25.02.21 12:46]
Normal guy making boss moves
Dan | ECOMI, [25.02.21 12:46]
but thanks for the compliments 😅
Am I Bruce Wayne ... 🤔
haha
steve, [25.02.21 12:47]
I saw that ecomi is going to be affiliated with the NFL players association. Will you be able to do something similar to topshots with this deal?
Dan | ECOMI, [25.02.21 12:47]
[In reply to steve]
The future is wide open in this space 🙂
Wow, the hype is strong in here haha
Great to see!
♥️ your support guys
John, [25.02.21 12:57]
[In reply to Satori Cryptos]
so i need to buy ecom?
Rhys (ECOMI- Will not ask for ETH), [25.02.21 12:57]
no
the token is OMI
people are mistakenly buying 'ecom' but the ticker is OMI
ECOMI FAMMMMMMM
aisha, [25.02.21 12:59]
You know $OMIs a good project when it has us all using BitForex 💀
Rhys (ECOMI- Will not ask for ETH), [25.02.21 13:00]
[In reply to aisha]
hahahaha soooooon you'll have some other options too!
The Cat 🐱 [BitboyCrypto], [25.02.21 13:01]
Alright you guys are all unable to message for the first portion of this AMA.
Welcome @DanECOMI Dan Crothers COO of Ecomi to the Bitsquad. We are glad to have you. I am your host The Cat. How are you doing today Dan?
Dan | ECOMI, [25.02.21 13:03]
Super stoked to be here! Thanks for having me on today 🙂 🙂
The Cat 🐱 [BitboyCrypto], [25.02.21 13:04]
[In reply to Dan | ECOMI]
Likewise, when I began looking into the project I was shocked how under the radar everything was. For those that don't know though, please explain what Ecomi is and what your goals are with your app VeVe?
Dan | ECOMI, [25.02.21 13:04]
Absolutely!
So, ECOMI was established in and 2018 is leading the way in the mass market digital collectible space.
Through our app, VeVe, we offer fans the most comprehensive digital collectibles experience, with premium format 3D digital collectible NFTs from the world's leading brands.
VeVe is a digital collectible experience that mirrors what fans and collectors already know and love in the physical world of collecting, and brings the world of collectibles into the right into the palm of your hand in the digital realm.
VeVe is a live product available right now on iOS and Androind:
iOS: https://apps.apple.com/us/app/ve-ve/id1478403837
Android: https://play.google.com/store/apps/details?id=com.ecomi.veve
The Cat 🐱 [BitboyCrypto], [25.02.21 13:06]
[In reply to Dan | ECOMI]
I was honestly shocked that Ecomi was established in 2018, and you guys have remained this under the radar. Mind blown.
Dan | ECOMI, [25.02.21 13:07]
haha yeah .. it was hard too stay so low, and our community has been suuuper patient with us throughout that time 🙏🙏
The reason we needed to stay so under the radar was due to the license restrictions
But now VeVe is out, we can tell the world 🙂
The Cat 🐱 [BitboyCrypto], [25.02.21 13:08]
[In reply to Dan | ECOMI]
Lets discuss some of those leading brands, you guys lead an NFT event in NYC not too long ago and announced some pretty heavy hitting partners DC comics, and the NFL being two of those that sticks out the most to me.
Dan | ECOMI, [25.02.21 13:09]
For sure. So, to date Ecomi has secured more than 100+ brands which be rolled out over the coming years as epic 3D NFTs
The Cat 🐱 [BitboyCrypto], [25.02.21 13:09]
[In reply to Dan | ECOMI]
Well some of these licenses that have now materialized are some of the biggest partnerships we have seen thus far in the NFT space.
Dan | ECOMI, [25.02.21 13:10]
Some of the brands we have secured include: DC Collectibles, Ghostbusters, Harley Quinn, Batman, Superman, tokidoki, Back to the Future, Jurassic park, Monster Hunter, Ultraman, Adventure Time, Powerpuff Girls, Star Trek and many more.
yep - it was a long road to get here but super happy people are loving VeVe
The Cat 🐱 [BitboyCrypto], [25.02.21 13:10]
[In reply to Dan | ECOMI]
How does VeVe work when it comes to purchasing an NFT?
Dan | ECOMI, [25.02.21 13:12]
One of our main focuses is to ensure mainstream users can easily use the VeVe app, and for that reason all the crypto is behind the scene - but accessible if you want to access it
For this reason normal users can come into the app and pruchase via in-app purchase, like you would with any other app
and all the tokenomics happens in the background
The Cat 🐱 [BitboyCrypto], [25.02.21 13:13]
[In reply to Dan | ECOMI]
Honestly, we all have seen a lot of fake inauthentic nfts in the nft space. So it's nice to see that there will be a platform allowing licensing for big players. This ensures that everyone who uses your platform will be getting authentic digital collectibles.
Tell us all a bit about Ecomi or OMI's tokenomics?
Dan | ECOMI, [25.02.21 13:14]
[In reply to The Cat 🐱 [BitboyCrypto]]
Yes, 100% - and in some cases, like Batman, these are the actual 3D models the artists sculpted
OMI is a utility token used to buy digital collectibles in the VeVe app both in the Store and secondary market.
Whenever a purchase takes place on the VeVe platform, an equivalent amount of OMI is burnt and removed from circulation, then a percentage of those purchases goes into buybacks
The Cat 🐱 [BitboyCrypto], [25.02.21 13:14]
[In reply to Dan | ECOMI]
Very cool and great to hear. Can you transfer the digital collectibles outside of the Veve app to another wallet?
I imagine some of these collectibles will be worth a lot of money some day. Does Veve allow users to trade or sell their digital collectibles?
Dan | ECOMI, [25.02.21 13:16]
[In reply to The Cat 🐱 [BitboyCrypto]]
Great question, and one we get asked a lot
So VeVe digital collectibles are 100% NFTs, like you would expect. However, the caveat right now is some licensors are still a bit cautious of blockchain, so at their request the digital collectibles remain within VeVe - FOR NOW
Later this year we have big brands coming in who will be going straight to interoperable NFTS
It's just a matter of time until the VeVe plaform is opened up
The Cat 🐱 [BitboyCrypto], [25.02.21 13:17]
[In reply to Dan | ECOMI]
In private we discussed you have a partnership to announce would you like to take the time right now to do that? 😉
Dan | ECOMI, [25.02.21 13:17]
Yes!
The Cat 🐱 [BitboyCrypto], [25.02.21 13:17]
Dan | ECOMI, [25.02.21 13:17]
So I'm happy to announce a new brand partner in our Vehicle category!
We are stoked to welcome General Motors!
The Cat 🐱 [BitboyCrypto], [25.02.21 13:18]
[In reply to Dan | ECOMI]
The Cat 🐱 [BitboyCrypto], [25.02.21 13:18]
[In reply to Dan | ECOMI]
Dan | ECOMI, [25.02.21 13:18]
What can you expect from this brand? High resolution, beautifully detailed, interactive 3D models, of all your favorite GM vehicles – from Corvettes to GM’s concepts cars throughout history!
That's right - ALL THE CONCEPT CARS WHICH DONT EXIST IN RL
The Cat 🐱 [BitboyCrypto], [25.02.21 13:19]
Wow including concepts
Dan | ECOMI, [25.02.21 13:19]
These are just a few examples
The Cat 🐱 [BitboyCrypto], [25.02.21 13:19]
That really is a huge announcement
Dan | ECOMI, [25.02.21 13:19]
AND ...
The Cat 🐱 [BitboyCrypto], [25.02.21 13:19]
[In reply to Dan | ECOMI]
Can we get General Motors to make the top left one? I want one.
Dan | ECOMI, [25.02.21 13:19]
Because GM are the owners of Cadallic, I'm also super happy to announce we will be dropping the Ghostbusters Ecto-1
Coming soon to a VeVe app near you 🙂 🙂
The Cat 🐱 [BitboyCrypto], [25.02.21 13:20]
[In reply to Dan | ECOMI]
The Cat 🐱 [BitboyCrypto], [25.02.21 13:20]
That's a classic
Dan | ECOMI, [25.02.21 13:20]
Fully interactive and beautifully details
haha yep
All the ghostbusters fans will love that one!
The Cat 🐱 [BitboyCrypto], [25.02.21 13:20]
[In reply to Dan | ECOMI]
Absolutely!
Dan | ECOMI, [25.02.21 13:21]
So this will be a nice addition to our growing Ghostbusters offering
The Cat 🐱 [BitboyCrypto], [25.02.21 13:21]
So I have to ask, because you guys are using GoChain as opposed to Ethereum, do you see this as a hinderance for exchange listings? Because all of these brand partners are incredible but most of the NFTs are on Ethereum. So why did you choose to use GoChain?
Also Ethereum is where most of the liquidity is for trading
Dan | ECOMI, [25.02.21 13:23]
When we began development a few years ago the blockchain landscape was very different and GoChain was a good partner and serves the needs of the business. The future will ultimately support multiple chains and we are in discussion with a number of top players in the space
The Cat 🐱 [BitboyCrypto], [25.02.21 13:24]
[In reply to Dan | ECOMI]
When Ecomi to Cardano? I have to ask for my good buddy Crypto Crow. 😉
Dan | ECOMI, [25.02.21 13:25]
[In reply to The Cat 🐱 [BitboyCrypto]]
Haha, can't say but happy to investigate 🙂
For the interoperable NFTs, an ERC721 version can be generate to allow for interoperability
The Cat 🐱 [BitboyCrypto], [25.02.21 13:25]
[In reply to Dan | ECOMI]
The Cat 🐱 [BitboyCrypto], [25.02.21 13:25]
I tried.
Dan | ECOMI, [25.02.21 13:25]
Don't ask, don't get, right? 😉
The Cat 🐱 [BitboyCrypto], [25.02.21 13:25]
I am sure Charles would love you guys with all those partners.
The Cat 🐱 [BitboyCrypto], [25.02.21 13:25]
Dan | ECOMI, [25.02.21 13:26]
Hook us up 🙂
Dan | ECOMI, [25.02.21 13:27]
btw for those wanting to learn more about our tokenomics, Rhys our epic-level comms manager, has put these articles together:
You can learn more about the tokenomics on our Medium here:
https://medium.com/ecomi/ve-ve-tokenomics-in-app-funds-and-token-buybacks-7ea8ac1a19c9
Token metrics here: https://medium.com/ecomi/getting-started-with-the-omi-token-metrics-and-details-d2b366a49be0
Medium
(https://medium.com/ecomi/ve-ve-tokenomics-in-app-funds-and-token-buybacks-7ea8ac1a19c9)
VeVe Tokenomics: In-app Funds and Token Buy-Backs
VE-VE uses an innovative tokenomic system to ensure liquidity, and makes it easy to collect your favourite Fandom!
The Cat 🐱 [BitboyCrypto], [25.02.21 13:29]
I mean besides your partners, your team is also pretty impressive. I have to ask who is the master connector pulling all these big brands?
They deserve recognition
Dan | ECOMI, [25.02.21 13:30]
Yes, we have a really solid team, and that is the reason we made it through the crypto winter and are still hear today
The core team is myself, fellow co-founder David Yu, and our SVP of licensing Alfred Kahn
Alfred Kahn, the man, the myth, the legend, is responsible for a little known brand called Pokemon (you may have heard of it..) as well as many other brands, and has been instrumental in helping Ecomi secure these world leading brands.
The Cat 🐱 [BitboyCrypto], [25.02.21 13:30]
David Yu hes the one that is pulling all these big connections worked 20 years in licensing right?
The Cat 🐱 [BitboyCrypto], [25.02.21 13:31]
[In reply to Dan | ECOMI]
Hmmmm no never heard of it. 😉
Dan | ECOMI, [25.02.21 13:31]
It's a team effort tbh!
David, myself and Al work as a team to secure the brands 🙂
The Cat 🐱 [BitboyCrypto], [25.02.21 13:31]
Dan | ECOMI, [25.02.21 13:31]
David Yu, CEO, is a serial entrepreneur who has been in the collectibles industry for 25 years and has chain stores around the globe selling collectibles.
Plus, he is a LEVEL 9000 collector (if you get my meaning) and loves to collect everything - so he truely understands what makes collectors tick and why they buy
Dan | ECOMI, [25.02.21 13:32]
[In reply to The Cat 🐱 [BitboyCrypto]]
😄😄
The Cat 🐱 [BitboyCrypto], [25.02.21 13:32]
[In reply to Dan | ECOMI]
Very awesome!
Dan | ECOMI, [25.02.21 13:32]
As for myself, For the past 20 years I have been entrepreneurial online, growing communities into the millions, and building software solutions for some of the world’s largest toy brands. My real passion is crafting beautiful products that push the boundaries, and that is what I hope I have achieved with VeVe
The Cat 🐱 [BitboyCrypto], [25.02.21 13:32]
[In reply to Dan | ECOMI]
Team effort!
Dan | ECOMI, [25.02.21 13:32]
So the core team is well rounded in business, licensing, and tech and brings all the necessary skills to create this new product
Dan | ECOMI, [25.02.21 13:32]
[In reply to The Cat 🐱 [BitboyCrypto]]
Tag team all the way lol
The Cat 🐱 [BitboyCrypto], [25.02.21 13:33]
[In reply to Dan | ECOMI]
I was going to ask you about your own background as we kind of skipped over that in the beginning because I was too excited with all those brands I saw.
Dan | ECOMI, [25.02.21 13:33]
We have all also known each other for many many years, so team is tight!
haha sure!
The Cat 🐱 [BitboyCrypto], [25.02.21 13:33]
The Cat 🐱 [BitboyCrypto], [25.02.21 13:33]
I want an authentic cat pickachu collectible lets make it happen!
Dan | ECOMI, [25.02.21 13:34]
I'm basically a nerd, and have always been in the tech space, jumping in early on new tech
The Cat 🐱 [BitboyCrypto], [25.02.21 13:34]
Would you like to share anymore of your NFTs with the community today and show case them?
Dan | ECOMI, [25.02.21 13:34]
I was a bit later than most and joined the crypto space since 2017 where I got in, luckily, right before the bull market
Yes!
The Cat 🐱 [BitboyCrypto], [25.02.21 13:34]
[In reply to Dan | ECOMI]
When did you buy your first Bitcoin?
The Cat 🐱 [BitboyCrypto], [25.02.21 13:35]
[In reply to Dan | ECOMI]
HAHA
The Cat 🐱 [BitboyCrypto], [25.02.21 13:35]
Thats too funny man I typed that up as you answered it.
Dan | ECOMI, [25.02.21 13:35]
Got my 1st BTC in mid 2017 - AND I WISH I PURCHASED MORE BTC haha
The Cat 🐱 [BitboyCrypto], [25.02.21 13:35]
Dan | ECOMI, [25.02.21 13:35]
We all have the crypto ragrets lol
The Cat 🐱 [BitboyCrypto], [25.02.21 13:35]
Are you also psychic?
Dan | ECOMI, [25.02.21 13:36]
haha only on thursdays
The Cat 🐱 [BitboyCrypto], [25.02.21 13:36]
[In reply to Dan | ECOMI]
I mined 100 BTC in 2010-2011 and LOST it when my hard drive crashed and I didn't back up the seeds. So I feel your pain.
Dan | ECOMI, [25.02.21 13:36]
[In reply to The Cat 🐱 [BitboyCrypto]]
brothers in arms lol
Dan | ECOMI, [25.02.21 13:36]
So I do have a few more videos of the DeLorean to share!
The Cat 🐱 [BitboyCrypto], [25.02.21 13:36]
Sure thing stage is all yours.
Feel free to share whatever you like with the community today.
Dan | ECOMI, [25.02.21 13:37]
So for those of you who are not aware, one of our brands is Back to the Future
and we have an amazingly detailed digital replica of the DeLorean, whihc you can soon own as an NFT
The Cat 🐱 [BitboyCrypto], [25.02.21 13:37]
Can I borrow that DeLorean to go back in time and save my seed phrases?
The Cat 🐱 [BitboyCrypto], [25.02.21 13:38]
Dan | ECOMI, [25.02.21 13:38]
Vid is uploading....
lol
This is an example of the DeLorean in AR, scaled up 1 to 1
All our collectibles can be scaled to whatever size you want
ALSO!
I have another preview of the DeLorean in interactive mode!
The Cat 🐱 [BitboyCrypto], [25.02.21 13:39]
I have to ask any plans to create a racing game with all these? Because that would be a good idea.
Dan | ECOMI, [25.02.21 13:40]
This of this as a digital radio control car haha
Dan | ECOMI, [25.02.21 13:40]
The Cat 🐱 [BitboyCrypto], [25.02.21 13:40]
[In reply to Dan | ECOMI]
That's so cool
Dan | ECOMI, [25.02.21 13:40]
Once in 'Drive mode' you can drive it around, do burnouts etc
The Cat 🐱 [BitboyCrypto], [25.02.21 13:40]
[In reply to Dan | ECOMI]
This one.
The Cat 🐱 [BitboyCrypto], [25.02.21 13:41]
[In reply to Dan | ECOMI]
That's freaking sick
Dan | ECOMI, [25.02.21 13:41]
We are in the process of adding finishing touches, like tire smoke and tracks when doing burnouts
Dan | ECOMI, [25.02.21 13:41]
and I can tell you it is quite addictive!
The Cat 🐱 [BitboyCrypto], [25.02.21 13:41]
[In reply to Dan | ECOMI]
Oh no you almost ran someone over with an AR car
The Cat 🐱 [BitboyCrypto], [25.02.21 13:41]
Dan | ECOMI, [25.02.21 13:41]
Well, they should get outta my way! 🤣🤣
Dan | ECOMI, [25.02.21 13:42]
So we are really trying to push the boundaries with whats out there now
The Cat 🐱 [BitboyCrypto], [25.02.21 13:42]
[In reply to Dan | ECOMI]
Would be cool to also go beyond just AR and add race tracks in the app and for the collectibles different shelves etc. But I am sure you guys have all that coming.
The Cat 🐱 [BitboyCrypto], [25.02.21 13:42]
[In reply to Dan | ECOMI]
Dan | ECOMI, [25.02.21 13:42]
and hopefully usher in a new era of digital toys, that are limited edition with full ownership
The Cat 🐱 [BitboyCrypto], [25.02.21 13:42]
[In reply to Dan | ECOMI]
Definitely man that's incredible.
Dan | ECOMI, [25.02.21 13:43]
It's always baby steps to start
Dan | ECOMI, [25.02.21 13:43]
Also, just in cas esome users are not aware, within VeVe you can create and decorate virtual showrooms
The Cat 🐱 [BitboyCrypto], [25.02.21 13:43]
I have one more question for you before I open the flood gates for user questions and allow a few users to win nfts.
Dan | ECOMI, [25.02.21 13:43]
Here's an example from one of our supporters
The Cat 🐱 [BitboyCrypto], [25.02.21 13:44]
What is your roadmap?
Dan | ECOMI, [25.02.21 13:44]
haha oky, I shall prepare myself
The Cat 🐱 [BitboyCrypto], [25.02.21 13:44]
[In reply to Dan | ECOMI]
Oh wow that's cool.
Dan | ECOMI, [25.02.21 13:45]
So roadmap, we have a lot of cool stuff coming this year:
- Custom branded showrooms
- OMI Staking
- Blind box openings
- The 'VeVeVerse' - which I can elaborate on in the future
- A Brand new type of digital product with leading licensors
and the list goes on and on
A new exchange listing coming very soon too, so stay tuned for that!
The Cat 🐱 [BitboyCrypto], [25.02.21 13:46]
[In reply to Dan | ECOMI]
Okay I know I said that was the last question but you just gave me more ammo for more questions with that list.
Dan | ECOMI, [25.02.21 13:46]
haha shoot
The Cat 🐱 [BitboyCrypto], [25.02.21 13:47]
[In reply to Dan | ECOMI]
Starting off, custom branded showrooms? Is that going where I think it is an example, lets say NFL player NFTs in a stadium or Cartoon Network characters in their own enviornments?
Second, OMI staking will there be tiers for this and will users receive staking rewards for securing the network?
Dan | ECOMI, [25.02.21 13:48]
Yes, you are 100% bang on. So for NFL you could expect a stadium where all your collectible players can be placed on field
The Cat 🐱 [BitboyCrypto], [25.02.21 13:49]
[In reply to Dan | ECOMI]
Blind box openings would be basically a mystery box right?
Dan | ECOMI, [25.02.21 13:49]
Or maybe a batcave or corner of Gotham city for your batmans
Plus showrooms you can create from scratch at your own design
Dan | ECOMI [25.02.21 13:49]
[In reply to The Cat 🐱 [BitboyCrypto]]
yes that's correct - they are hugely popular in the collectible world
The Cat 🐱 [BitboyCrypto], [25.02.21 13:50]
that's super cool I am stoked for all this. So essentially mystery box chance at getting a "rare" nft right?
Dan | ECOMI, [25.02.21 13:50]
[In reply to The Cat 🐱 [BitboyCrypto]]
We're are working through the final model, but ultimately yes the idea is to reward users for staking
The Cat 🐱 [BitboyCrypto], [25.02.21 13:50]
Like opening a pack of pokemon cards
Dan | ECOMI, [25.02.21 13:50]
[In reply to The Cat 🐱 [BitboyCrypto]]
Exactly
Dan | ECOMI, [25.02.21 13:51]
1 in X chance of getting a rare
The Cat 🐱 [BitboyCrypto], [25.02.21 13:51]
Great thanks for the AMA today Dan, I learned a lot and I hope our community is as excited as I am about Ecomi and Veve.
The Cat 🐱 [BitboyCrypto], [25.02.21 13:51]
I will open the flood gates for 5 minutes get your best questions in for Dan for a chance to win some NFTs.
Open
Sean O., [25.02.21 13:51]
Hi Dan! You made a big announcement with GM in here, and have mentioned in various interviews the desire to have interactive NFTs. In the future, will we be able to have car races with the various vehicles your are implementing? A version of Ready Player 1 if you will? 🙂
Dan | ECOMI, [25.02.21 13:52]
[In reply to Sean O.]
Definitely! Multi-user interactivity is a core part of the VeVeVerse 🙂
Babywerewolf, [25.02.21 13:52]
What's the most difficult aspect 9f launching this ecosystem?
Dan | ECOMI, [25.02.21 13:52]
[In reply to Babywerewolf]
Everything lol
Luke Sullivan, [25.02.21 13:52]
Hi Dan, will there be an option to trade with other people who have NFT’s?
Dan | ECOMI, [25.02.21 13:53]
[In reply to Luke Sullivan]
Yes, coming this year!
Elvis, [25.02.21 13:52]
When will you get listen on Uniswap?
Dan | ECOMI, [25.02.21 13:52]
[In reply to Elvis]
Stay tuned...
Sean O., [25.02.21 13:51]
Hi Dan! You made a big announcement with GM in here, and have mentioned in various interviews the desire to have interactive NFTs. In the future, will we be able to have car races with the various vehicles your are implementing? A version of Ready Player 1 if you will? 🙂
Dan | ECOMI, [25.02.21 13:52]
[In reply to Sean O.]
Definitely! Multi-user interactivity is a core part of the VeVeVerse 🙂
Victor R, [25.02.21 13:52]
What is the price target of OMI by the end of the bull run?
Dan | ECOMI, [25.02.21 13:53]
[In reply to Victor R]
your guess is good as mine 🙂
Max E, [25.02.21 13:52]
? convert gems to OMI coin
Dan | ECOMI, [25.02.21 13:53]
[In reply to Max E]
Coming soon 🙂
Tristeboi, [25.02.21 13:52]
any fashion designers, manga, artists, rapper collabs?
Dan | ECOMI, [25.02.21 13:53]
[In reply to Tristeboi]
Have you been listening into our conversations? 😉
Luke W, [25.02.21 13:53]
Are the walls of the Veve vault for hanging art NFTs 👩🎨
Rhys (ECOMI- Will not ask for ETH), [25.02.21 13:54]
[In reply to Luke W]
yep! you can place your collectibles anywhere you want to in your Showrooms, so you can hang them on walls too
Kevin Barden, [25.02.21 13:52]
When will the next set of drops be? Will they be at regular times?
Dan | ECOMI, [25.02.21 13:54]
[In reply to Kevin Barden]
They will become more regular, like weekly, once we are out of Beta 🙂
Rhys (ECOMI- Will not ask for ETH), [25.02.21 13:54]
hahaha i'll try and help you Dan, this is insane
The Cat 🐱 [BitboyCrypto], [25.02.21 13:54]
at 7 p.m. I will close the chat
So Dan can answer in peace
lol
aisha, [25.02.21 13:53]
Firstly Dan, Thank you for your time. Will General Motors be available globally or are there some region restrictions?
Also will there be secret rare, like the Ghostbusters collection or just limited to Ultrarare,rare,uncommon,common?
Dan | ECOMI, [25.02.21 13:54]
[In reply to aisha]
Global for sure, and there will likely be a Secret-Rare!
Bungo Nakamura, [25.02.21 13:53]
Any plans for cooperation with PornHub?? NFTs for adults: )
Dan | ECOMI, [25.02.21 13:55]
[In reply to Bungo Nakamura]
hahaha I have been asked this many times ... could be cool?
Jack, [25.02.21 13:54]
🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
Dan | ECOMI, [25.02.21 13:55]
[In reply to Jack]
Here's hoping with you guys support!
John Do, [25.02.21 13:54]
What is the relationship with $ecom?
Rhys (ECOMI- Will not ask for ETH), [25.02.21 13:54]
[In reply to John Do]
there is NO relationship with ecom
👉👉 our token is the OMI token 👈👈
The Cat 🐱 [BitboyCrypto], [25.02.21 13:55]
[In reply to Oscar Downing]
5 mins
Luke Sullivan, [25.02.21 13:54]
How come you are only available on BitForex for now? Are you going to be available on any other sites any time soon?
Dan | ECOMI, [25.02.21 13:56]
[In reply to Luke Sullivan]
Stay tuned, new exchange coming soon!
steve, [25.02.21 13:56]
What is your "rarity" higherarchy, is secret rare the rarest?
Dan | ECOMI, [25.02.21 13:56]
[In reply to steve]
Secret-rare is the most rare / lowest editon
Wunderbar, [25.02.21 13:56]
Hi Rhys, when is the marketing scaling up, so everyone get to know Ecomi?
Rhys (ECOMI- Will not ask for ETH), [25.02.21 13:56]
[In reply to Wunderbar]
we're already scaling it up 😊
Fetcher, [25.02.21 13:56]
Hi Dan!
NFTs are becoming a really big thing. I understand that Ecomi´s primary target will be the retail market - which is going to be extremly huge... How will ecomi explain the value of nfts to people so that they understand better?
Dan | ECOMI, [25.02.21 13:58]
[In reply to Fetcher]
We do this by attract the user with their fav brands and then a great digital collectible experience on top of that. Once in VeVe the mainstream users can learn more about NFTs and OMI
Dan | ECOMI, [25.02.21 13:57]
holy moley - can't keep up sorry guys 😅
IchiTakeru (Trader), [25.02.21 13:57]
Will gems always be 1:1 gem:1 usd, and will we be able to convert our gems from VeVe in to crypto / usd later down the line? Ie, if we auction an item off and wish to cash in on a rare gain?
Dan | ECOMI, [25.02.21 13:58]
[In reply to IchiTakeru (Trader)]
Yes and Yes
Kevin Barden, [25.02.21 13:57]
DEX and CEX announcements... when can we expect them?
Rhys (ECOMI- Will not ask for ETH), [25.02.21 13:57]
[In reply to Kevin Barden]
early march
NeoZen, [25.02.21 13:58]
When you say the collectibles stay within veve FOR NOW what are the potential scenarios expanding outside of veve?
Im getting mega 'Ready Player One' vibes, especially with that DeLorean!!! Could they potentially be used in games at some point?
Dan | ECOMI, [25.02.21 13:58]
[In reply to NeoZen]
Ready player one is the goal 😄😄
Rhys (ECOMI- Will not ask for ETH), [25.02.21 13:58]
the chat will be muted in a couple minutes team
Jerome Danks, [25.02.21 13:58]
Hey dan, What are the future plans for Ecomi/Veve's digital collectibles to remain competitive? virtual reality action figures, battles, races, etc?
Dan | ECOMI, [25.02.21 13:59]
[In reply to Jerome Danks]
All of the above! We has lots of epic plans and ideas
Beniamin, [25.02.21 14:00]
Any plan for Warner Bros licences ? Like old school cartoon ntfs
Rhys (ECOMI- Will not ask for ETH), [25.02.21 14:00]
[In reply to Beniamin]
we already have the WB license
Michael Brauer, [25.02.21 13:52]
Hi Dan
When can we expect the final release of the IOS app?
Rhys (ECOMI- Will not ask for ETH), [25.02.21 14:06]
[In reply to Michael Brauer]
the iOS app is already live 👍
NeoZen, [25.02.21 13:52]
When this platform starts to have 100,000s or millions of people have you figured out how to distriubute drops like ultra and secret rare when there are only a couple 100 of them but thousands of simultaneous people wanting to buy them?
Rhys (ECOMI- Will not ask for ETH), [25.02.21 14:07]
[In reply to NeoZen]
drop days happen the same time and day every week. 8 am PST (although they're 7 am right now due to daylight savings hours).
You have to be in it to win it!
Autonomous Evolution version SE-778H, [25.02.21 13:52]
Will there be location based NFT's? Like comic conventions, etc...?
Rhys (ECOMI- Will not ask for ETH), [25.02.21 14:04]
[In reply to Autonomous Evolution version SE-778H]
absolutely, VeVe has a geo-locating ability, so we can make collectibles available at special events like Comicon
Bbusy, [25.02.21 13:57]
Explain the burn mechanism so people understand the potential from by using the tokenmetrics side and not just look at the marketcap
Rhys (ECOMI- Will not ask for ETH), [25.02.21 14:02]
[In reply to Bbusy]
The deflationary token - The OMI token has two uses: firstly, it is the utility token of the VeVe NFT ecosystem, in that every new NFT purchase uses OMI, and in not too distant future staking it/being a liquidity provider will enable you to acquire certain exceptionally rare and valuable NFTs. Secondly, you need OMI tokens (which in the app are actually Gems) in order to participate in the peer-to-peer market.
The mechanics are designed to create token scarcity as adoption and NFT sales grow, due to the deflationary nature of the token supply.
The normie stablecoin - In order to make the experience of using the app as seamless as possible for mainstream users who would prefer to just buy NFTs and don't want to engage with the volatility of crypto, there is an in-app stablecoin called "gems" each of which always represents $1. So these mainstream users can buy gems with their fiat, safe in the knowledge that if they leave them in their wallet for a month before they come back to buy an NFT, 1 gem will still be worth $1.
Under the hood, however, every transaction runs on OMI. Let's go through the two main types of transaction to understand how this works in practice.
Mechanics of new NFT purchases - When a user buys a new NFT by converting their OMI into in-app gems and swapping those for the NFT, all of that OMI is permanently burned, reducing the circulating supply. The OMI tokens that were swapped actually get held in a wallet, called the Vault wallet, and when the Gems that represent them are spent in the store, they’re burnt.
If on the other hand a user who does not own OMI directly buys in-app gems with cash (fiat), then the equivalent amount of OMI (based on the spot rate at that time) is taken out of the in-app reserve and held in the Vault wallet. When those Gems are spent in the Store, the underlying OMI are again burnt, reducing the reserve supply. In order to keep the reserve liquid, 10% of the money used for store purchases (minus platform fees) is used to buy back OMI from exchanges.
Example: If a user spends $100 on a new NFT, the equivalent in OMI is permanently burned and $10 is spent on buybacks from exchanges.
Mechanics of secondary market NFT purchases-If a user swaps their OMI into Gems and then buys an NFT on the secondary market from another user, those Gems (and therefore the underlying OMI) are transferred to the seller. If they are then spent on a purchase in the VeVe Store, those OMI are burnt
If a user chooses to buy those gems with fiat, 100% of that money (minus platform fees) is used to buy back OMI from exchanges. I repeat, 100%. This is a big deal, as the secondary market is expected to be bigger than the primary market.
Example: If a user spends $100 on a secondary market purchase, after Google/Apple fees, $70 is spent on buybacks.
Basically, when purchases are made in the Store (whether it's with fiat or Gems), OMI tokens get burnt.
Right now that is the only way the tokens get burnt. When we implement the coming changes to allow Gem > OMI swaps, there will be a 2.5% fee placed In the Market (peer to peer marketplace), to be paid by the seller, which is also burnt.
So both marketplaces will burn OMI at that point. e.g. i sell a collectible in the market for 100 Gems. 2.5 Gems is burnt (which is actually 2.5 Gems worth of OMI, gets moved from the Vault wallet which is where it is currently being held, and sent to the out of circulation wallet).
the buybacks come from:
10% of sales in the Store
100% of the revenue generated from the sale of Gems (which is done with fiat).
Omar Rodriguez, [25.02.21 13:59]
OMI MERCH!?!?! VEVE MERCH?
Dan | ECOMI, [25.02.21 14:00]
[In reply to Omar Rodriguez]
Some of the community has created this epic merch - https://teespring.com/h-i-g-h-e-r-dead-inside
Tristeboi, [25.02.21 13:59]
takashi murakami collab
ALAN THE ALIEN, [25.02.21 13:59]
[In reply to Tristeboi]
THIS AND WE NEED KAWS!
Dan | ECOMI, [25.02.21 14:02]
[In reply to ALAN THE ALIEN]
This will be epic.. love Kaws!
Sean Newman, [25.02.21 14:00]
🚀🚀🚀. DEAR OMNI TEAM How are you guys planning on expanding into the VR space ? 🚀🚀🚀🚀🤡🤡
Dan | ECOMI, [25.02.21 14:01]
[In reply to Sean Newman]
yes!
Ryan, [25.02.21 14:00]
Hi Dan.
As far as I’m aware, there’s a difference between paying with gems and USD. For example I can’t buy some with gems but only USD. Will this be changed in future?
Thank you.
Dan | ECOMI, [25.02.21 14:00]
[In reply to Ryan]
Moving fwd, Gems will be the ubiquitious currency in the app - having both Gems and USD became to painful
Complex, [25.02.21 14:00]
Dan - what did you eat for dinner ?
Dan | ECOMI, [25.02.21 14:06]
[In reply to Complex]
Potatoes
liron klomp, [25.02.21 14:00]
Why aren't you collaborating with Pokemon, whilst mr Khan is linked to setting up Pokemon?
Dan | ECOMI, [25.02.21 14:01]
[In reply to liron klomp]
They are the biggest brand in the world - let us get out of Beta first and go from there haha
Ryan Donnelly | TITANBLOCK, [25.02.21 14:00]
I heard that OMI is the blue-chip of NFT's. I think this interview has proven that.
Dan | ECOMI, [25.02.21 14:05]
[In reply to Ryan Donnelly | TITANBLOCK]
Thank you @ryandonz
Ben Fox, [25.02.21 14:00]
Hi Dan loved the AMA tonight! As you eluded to earlier, with purchasing NFT's from VeVe being so accesible to non-crypto users, where do you see the future scale of Veve being or where would you like it to go?
Dan | ECOMI, [25.02.21 14:02]
[In reply to Ben Fox]
Netflix for digital collectible and other digital products in an immersive digital collectible ecosystem
The Cat 🐱 [BitboyCrypto], [25.02.21 14:01]
@DanECOMI you may now begin answering some questions
You can either choose the best questions for the winners or answer as many as you can handle.
Rhys (ECOMI- Will not ask for ETH), [25.02.21 14:03]
(im going to chime in and help where I can team)
Dan | ECOMI, [25.02.21 14:03]
@ecomi_rhys 👌
Oky ..
let me see ... there are too many good ones!! argh
The Cat 🐱 [BitboyCrypto], [25.02.21 14:04]
All up to you guys on how many NFTs you want to give away. 😉
Shaun Pierso, [25.02.21 13:59]
[In reply to Dan | ECOMI]
So my question would to be directed towards this veveverse you speak of. The concept I have thought of this is a virtual world among the users within the platform? For the aspect of trading potentially racing and other things. Also would this veveverse have VR malls to go shopping from top brands since malls are slowly going away as we go into the digital world.
Dan | ECOMI, [25.02.21 14:06]
[In reply to Shaun Pierso]
The winner is, Shaun!
aisha, [25.02.21 13:52]
Dan, can you please clarify to new/interested investors that the ticker for ECOMI is $OMI and not $ECOM. Many have been purchasing the wrong token. Thank you :)
Rhys (ECOMI- Will not ask for ETH), [25.02.21 14:07]
[In reply to aisha]
I will re-iterate this.
Our token is called OMI
we are NOT the 'ecom' token
The Cat 🐱 [BitboyCrypto], [25.02.21 14:07]
Dan | ECOMI, [25.02.21 14:07]
OMI and ECOMI
Tommy, [25.02.21 13:51]
Dan, is the streetfighter NFT on WAX in anyway affecting your licensing with capcom? Will we see SF NFT on VeVe?
Rhys (ECOMI- Will not ask for ETH), [25.02.21 14:09]
[In reply to Tommy]
We have announed the SF brand is coming to VeVe, the licensing deals are different, wax is making...cards.. of some sort?
We have beautiful high res 3D collectibles with interactive AR
James, [25.02.21 13:51]
Hey y’all.. kinda nervous to ask but my questions, haha.
1. Do you think it it becomes big enough that we could incorporate our owned NFTs into emoji type conversation on iOS and Android? That would be mass adoption in seconds. If it’s a dumb question just mute me lol.
2. Will you release daily OMI burn numbers somewhere once the app is fully up and running?
I love the VeVe app tho! Keep up the good work!
Dan | ECOMI, [25.02.21 14:16]
[In reply to James]
Thanks James! The options for NFTs in the future is very wide and we will be looking into many opportunities
Burn number can be see in this spreadhseet, kindly created by one of our community members!
https://docs.google.com/spreadsheets/d/1zt2Om_WtkECcUQf-gjkYSw31XrH4fRGEpE5KiaWszws/edit#gid=0
Mexifries, [25.02.21 13:52]
what is the accurate market cap and circulating supply of $OMI? Coin tracking sites dont seem to have accurate info.
Rhys (ECOMI- Will not ask for ETH), [25.02.21 14:08]
[In reply to Mexifries]
we will be updating these details as soon as possible, not sure why none of them have the correct details
Unix Demon, [25.02.21 13:53]
do you have any anime/manga licences?
Dan | ECOMI, [25.02.21 14:13]
[In reply to Unix Demon]
In the works - stay tuned
Beskar, [25.02.21 13:54]
Have you considered Capcom?
Rhys (ECOMI- Will not ask for ETH), [25.02.21 14:09]
[In reply to Beskar]
already announced
here are the released brands so far
1. TOKIDOKI: Mermicorn, Donutella, Unicorn, and Cactus Friends
2. CBS: Star Trek - The Next Generation, Picard, and Discovery
3. CARTOON NETWORK: Adventure Time, Powerpuff Girls, We Bare Bears, and Tuzki
4. CAPCOM: Monster Hunter, Monster Hunter - Iceborne, and Street Fighter
5. Warner Bros: DC Collectables, Harley Quinn, The Joker, Superman, and Batman
6. The NFL
7. Jurassic park
8. Back to the Future
9. Ultraman
10. Ghost Busters
11. Fast and the Furious
12. CryptoZoic Cryptkins
13. GM Motors
Jason Wang, [25.02.21 13:54]
would there be an interactive multiplayer ar experience in the future where u can interact with others?
Dan | ECOMI, [25.02.21 14:14]
[In reply to Jason Wang]
Yep
Autonomous Evolution version SE-778H, [25.02.21 13:54]
What about the Anime environment? Will we see some DBZ or All Might?
Rhys (ECOMI- Will not ask for ETH), [25.02.21 14:11]
[In reply to Autonomous Evolution version SE-778H]
Anime is indeed one of our verticles. We are acquiring brands and licenses in Pop Culture, Sports, Gaming, Film & TV, Anime & Animation, Vehicles and Celebrities
Max E, [25.02.21 13:54]
Will there be a web app that's similar to the mobile app?
Rhys (ECOMI- Will not ask for ETH), [25.02.21 14:12]
[In reply to Max E]
yep! web platform development is underway, we'll keep you updated in our quarterly updates, so keep an eye out for those. I dont think i can share links here, but you'll find our blog links in the main ECOMI chat, in the pinned message
Beskar, [25.02.21 13:55]
Hello DAN, why are there regional restrictions on some of the NFT's
Dan | ECOMI, [25.02.21 14:14]
[In reply to Beskar]
The licensor determine this, not us. But we aim to have as many as we can globally available
Anthony Alfieri, [25.02.21 13:56]
Is there any future products that will be compatible with Veve nfts like an actual physical shelf you can mount with interoperability involving wearables or something we can display and see our collectibles or something along those lines?
Dan | ECOMI, [25.02.21 14:12]
[In reply to Anthony Alfieri]
Great question - winner
And yes, coming this year
Rhys (ECOMI- Will not ask for ETH), [25.02.21 14:15]
[In reply to Anthony Alfieri]
it's been built for when we're all wearing AR glasses. so it will do away with the need for physical anchors, and in the digital world you need premium digital content, which VeVe provides
Sean Newman, [25.02.21 13:57]
Dan do you think dogecoin will go to the moon?
Dan | ECOMI, [25.02.21 14:12]
[In reply to Sean Newman]
Didn't it already go there? 😅
Sun Sunders, [25.02.21 13:57]
Want to thank Dan and the team for their great product and ushering in a new era for cllecting and collectors. Will the team consider StarWars license in the future because a whole generation grew up with this and I am a huge fan of your VeVe app already!!
Dan | ECOMI, [25.02.21 14:12]
[In reply to Sun Sunders]
Who wouldn't consider Star Wars haha. I'm a nerd so would love to have it
U A, [25.02.21 13:57]
Hi Dan, I live in the netherlands and use a hawewei phone. I couldn't install the app. it said your device isn't compatible with this version. Are there accessibility issues and any idea why?
Dan | ECOMI, [25.02.21 14:11]
[In reply to U A]
More devices will be compatible in the coming months
NeoZen, [25.02.21 13:57]
When this platform starts to have 100,000s or millions of people have you figured out how to distriubute drops like ultra and secret rare when there are only a couple 100 of them but thousands of simultaneous people wanting to buy them?
Dan | ECOMI, [25.02.21 14:10]
[In reply to NeoZen]
Great question - Another winner
Lala, [25.02.21 14:00]
How will it be possible to trade OMi on other exchanges when on Uniswap only a wrapped version on OMi will be provided ???
Rhys (ECOMI- Will not ask for ETH), [25.02.21 14:13]
[In reply to Lala]
there will be a wrapped version yes, wOMI to use it on ethereum. We're building our own interface so we can also incentivise LP's with some really fun stuff!
Ben Fox, [25.02.21 14:00]
Hi Dan loved the AMA tonight! As you eluded to earlier, with purchasing NFT's from VeVe being so accesible to non-crypto users, where do you see the future scale of Veve being or where would you like it to go?
Rhys (ECOMI- Will not ask for ETH), [25.02.21 14:12]
[In reply to Ben Fox]
into the millliiooonnssssssss
Dan | ECOMI, [25.02.21 14:07]
How many winners do I choose?
The Cat 🐱 [BitboyCrypto], [25.02.21 14:08]
[In reply to Dan | ECOMI]
As many as you feel is appropriate
Please note the handles of the winners you are choosing.
Dan | ECOMI, [25.02.21 14:18]
Oky team, I need to get back to the grind - sorry I couldn't answer all your questions but please jump into our TG and our community mods can help you - https://t.me/ecomiout
Rhys (ECOMI- Will not ask for ETH), [25.02.21 14:19]
hey guys i can't post links so i'll put a space in it, but our TG is t. me/ ecomi
Rhys (ECOMI- Will not ask for ETH), [25.02.21 14:20]
[In reply to Dan | ECOMI]
typo in this one!
The Cat 🐱 [BitboyCrypto], [25.02.21 14:20]
You can post links
Rhys (ECOMI- Will not ask for ETH), [25.02.21 14:20]
your bot clears them
i've tried to post a few but they disappear
The Cat 🐱 [BitboyCrypto], [25.02.21 14:20]
Clears only telegram lol
Sorry
http://t.me/ecomi
Rhys (ECOMI- Will not ask for ETH), [25.02.21 14:20]
hahaha thanks mate
we have an announcement channel too that will make your lives easier
not quite
just pm'd it to you. it's / ecomiANN
The Cat 🐱 [BitboyCrypto], [25.02.21 14:21]
Telegram
t.me/ecomiann
Rhys (ECOMI- Will not ask for ETH), [25.02.21 14:22]
awesome, thanks for tuning in everyone! hope you're all excited as we are!
and to everyone who's coming on the ride- welcome to the ECOMI Fam!
The Cat 🐱 [BitboyCrypto], [25.02.21 14:22]
That includes me
I will be helping these guys and I am selective with who I help.
Great AMA guys thanks for coming!
Telegram AMA Recap - AIOZ Hosted by COIN98 WALLET on March 24, 2021
Written by AdministratorCOIN98 WALLET AMA with AIOZ Founder and CEO, Erman Tjiputra.
Date: 8:00 PM (UTC+7) March 24, 2021
Erman Tjiputra, [24.03.21 03:01]
hi Everyone! @ Coin 98 Wallet
Thank you for having me with all of you here today!
Phuong Thao, [24.03.21 03:01]
And our head of content - @JaneLuis12 will be our AMA translator today.
Erman Tjiputra, [24.03.21 03:02]
sharing with you deeply about AIOZ Network
Phuong Thao, [24.03.21 03:02]
[In reply to Erman Tjiputra]
Hi @ermantjiputra
Erman Tjiputra, [24.03.21 03:02]
hello!
Jane Luis, [24.03.21 03:02]
[In reply to Erman Tjiputra]
welcome you to Coin98 Wallet community 🎉🎉
Erman Tjiputra, [24.03.21 03:03]
nice to meet all of you too!
Phuong Thao, [24.03.21 03:04]
🌟 The AMA will take place as follow:
⚡️Part 1 (muted chat): Warm-up | The project Introduction
⚡️Part 2 (muted chat): Answer the pre-selected questions via form
⚡️Part 3: Live Q&A
⚡️Part 4: Mini game
Erman Tjiputra, [24.03.21 03:04]
I am ready!
Phuong Thao, [24.03.21 03:04]
[In reply to Erman Tjiputra]
Cool
Let's start
Phuong Thao, [24.03.21 03:05]
For those who might not know about AIOZ, Could you briefly introduce about yourselves as well as AIOZ?
Erman Tjiputra, [24.03.21 03:05]
My name is Erman Tjiputra, Founder & CEO of AIOZ Network
AIOZ is a DeepTech company in Artificial intelligence and Blockchain
AIOZ’S Mission is to invest, nurture and develop great talents & AIOZ’s Vision is build ,with our talents, cutting edge technology creating value for all stakeholders.
We are a team of highly talented Blockchain back end engineers, front end developers and AI scientists with academia collaborations with top universities in the world.
together as a team, we build AIOZ Network
AIOZ Network is a Layer 1 Blockchain Based Content Delivery Network. forming a core foundation for the digital content ecosystem using blockchain + p2p + smart contracts
Utilizing p2p nodes to build a network to store, transcode & delivery of digital media content for our media platforms aka dApps
AIOZ Network nodes will build an efficient dCDN in delivery speed, costs savings and great streaming Quality
Phuong Thao, [24.03.21 03:10]
How about the visions and goals of AIOZ in 2021, could you please share with our community?
Erman Tjiputra, [24.03.21 03:11]
thank you
My vision for AIOZ Network is to be powered by you the community of Nodes in the millions. creating a truly p2p mesh network of interconnected on-the-edge nodes for you and me to stream digital media content to our neighbors and be rewarded with $AIOZ
technically, AIOZ’s mission is to develop a developer resources portal for developers to easily integrate with our AIOZ network nodes as easy as plug and plug. thus creating an ecosystem of nodes (powering the dApps) and dApps ( which are use cases for $AIOZ)
in 2021, we will be releasing highly important technical milestones
+ WebRTC upgrades
+ Smart Caching + Redirect
for Business Development, AIOZ Network will be releasing AIOZ OTT dApps that will deploy digital media content on our AIOZ Network Nodes
I will be releasing the partnerships in due time on our official channels announcements.
the Partnerships are existing digital media content owners with huge library hours which will need our dCDN for instant cost savings and greater streaming quality for their viewers
live streaming is an integral milestone for our AIOZ Network
Live streaming requires a critical mass adoption of AIOZ Network Node Applications
because Live Streaming is Resource Intensive in computes
AIOZ Network Nodes need you!
download the application and understand what we do . from there , you will have better understanding of our purpose of AIOZ Network
NFTs too will be develop in our RoadMap for 2021
NFTs are a natural progression of our AIOZ Network Blockchain.
Phuong Thao, [24.03.21 03:20]
Amazing. I think our users have enough basic information about AIOZ now.
Erman Tjiputra, [24.03.21 03:20]
thank you!
Phuong Thao, [24.03.21 03:20]
Let's move to the second part: Pre- selected questions
Erman Tjiputra, [24.03.21 03:20]
ready!
Phuong Thao, [24.03.21 03:21]
The first question: With centralize platform like Youtube, censor bans violent or non-valuable videos to protect custommers. Do you think this is good for a streaming platform? @ImAlice21
Erman Tjiputra, [24.03.21 03:22]
for AIOZ Network POV, we are a blockchain based dCDN for storage, transcoding and delivery of digital video content for dApps built on top of AIOZ Network Nodes
therefore the content filtering will be implemented on the dApps Logic Layer.
Phuong Thao, [24.03.21 03:22]
"Twitch and Youtube are CDN, but they are so successful in streaming. Will AIOZ be born to dominate them, or support them?
@trangg2704"
Erman Tjiputra, [24.03.21 03:23]
Twitch and YouTube are digital media platforms which uses traditional Content Delivery Networks
Centrailsed and single Point of Failure
Digital Media Platforms aka dApps are an important Stakeholder of AIOZ Network Ecosystem
YoutTube and Twitch (dApps ) are our utility usage of our $AIOZ
why AIOZ Network Nodes?
+instant cost savings, a 20x savings from traditional CDNs
+ p2p nodes will enable lower latency therefore greater streaming quality to viewers
scalability is a property of peer-to-peer
the more AIOZ Network nodes, the higher the scalability
therefore infinte scalability is within sight
because of you, the community of AIOZ Network Nodes
as of this moment AIOZ Network have 4,127 Nodes
in summary, AIOZ Network will be supporting digital media platforms aka dApps like YouTube, Netflix, Twitch.
thank you!
Phuong Thao, [24.03.21 03:30]
Impressive!
Q3: Game streaming is one of most popular streaming content thesedays. WIll you have any plan to partner with Gaming team, or any streaming KOL? @LiJie12355
Erman Tjiputra, [24.03.21 03:31]
Live streaming feature is in our technical road map of 2021
in order for Live streaming to be a success in our AIOZ Network
we need
1) technical live streaming protocol implementations to be completed and function as intended
2) critical mass adoption of nodes of community
AIOZ Network plans to onboard UGC
User Generated Content which inlucdes KOLs on our AIOZ.Tube ( AIOZ Network’s very own dApp).
Phuong Thao, [24.03.21 03:33]
I see that AIOZ have a product look like Wallet. That mean you will create your own Wallet? So customers cannot use their favorite Wallet, like Trust, Metamask,...?@xiuying21
Erman Tjiputra, [24.03.21 03:35]
AIOZ Blockchain is a native Blockchain using Cosmos Framework
AIOZ Network will be using our own wallet in our use cases of $AIOZ
native coin
However Metamask can store our $AIOZ ERC20 + BEP 20 when AIOZ goes on IDO.
Phuong Thao, [24.03.21 03:38]
The last question for this section. Guys, remember to prepare some good questions, 5 selected questions will get a small gift from AIOZ. 😉
Q4 2021, AIOZ will release both AIOZ-RC20 and Non Fungible token, what will them use for? Same question for AIOZ DEX, what is the relevant between DEX and streaming? @Vidang267
Erman Tjiputra, [24.03.21 03:39]
AIOZ RC-20 is a (Request for Comments 20) technical technique designed for proposal identifier
With AIOZ RC 20 , AIOZ Network will be able to include rules to create tokens on AIOZ Blockchain Network
DEX is decentralized exchange platform like Uniswap in Ethereum Network or Pancake Swap in Binance Smart Chain
AIOZ DEX will be a decentralized exchange platform designed to create liquidity for AIOZ RC20 tokens and NFTs AIOZ RC 721 tokens on AIOZ Network
furthermore, NFTs in AIOZ Network Native Blockchain is designed to be used for our dApps like Video Platforms like Youtube, or Livestream applications like Bigo, to create their own NFTs for their community and their fans with customized monetisation models using smart contracts and blockchain ledgers.
In our technical roadmap 2021 , AIOZ Network will also build an NFT marketplace for our community to exchange, create value and monetise.
Phuong Thao, [24.03.21 03:42]
Thanks @ermantjiputra for all the information! Now is the most anticipated part: Live Q&A
Erman Tjiputra, [24.03.21 03:42]
thank you!
Phuong Thao, [24.03.21 03:42]
Are you ready?
Erman Tjiputra, [24.03.21 03:42]
ever-ready
Phuong Thao, [24.03.21 03:43]
Wow wow
Erman Tjiputra, [24.03.21 03:43]
wow Thank you for the Questions
please allow me few moments to read the Questions and digest the informations
Phuong Thao, [24.03.21 03:44]
@ermantjiputra Please pick 5 questions to answer.
Sure, take your time!
Munni, [24.03.21 03:43]
Can you list 1-3 killer features of Your Project that makes it ahead of its competitors? What is the competitive advantage your platform has that you feel most confident about?
Erman Tjiputra, [24.03.21 03:45]
[In reply to Munni]
Thank you for this Question!
with this Quesion, I like to address the comparisons of AIOZ Network versus Theta Network
First of all, our initial MC when IDO will be in the range of $600 K while Theta MC is in the range of $14 Billion
one of AIOZ Network main focus is to develop a robust developer ecosystem for developers with SDK , APIs and documentations to integrate with our AIOZ Network Nodes
creating a real demand utitlity use case for $AIOZ
with each milestone accomplishment, each milestone will be accompanied with developer portals
AIOZ Network Video Developer Portal
AIOZ Network Image Developer Portal
AIOZ Network Audio Developer Portal
AIOZ Network Live Streaming Developer Portal
Video = Image + Audio
AIOZ has shown the world two products
1) AIOZ Node applications which power the dApp
2) the dApp now is AIOZ.Tube
as we are developers at heart, we focus on developer requirements . for developers by developers
technically one difference I am able to share with you the community of Coin98 is that
with AIOZ Network versus Theta Networks
Theta Networks uses a p2p caching technique on browsers
AIOZ Networks builds a user friendly interface application node which stores, transcode and delivery of digital media contents
therefore in simple terms, theta p2p caching technique is temporary and AIOZ Network Node Application focuses on permanence
I am most confident because I have a team of highly talented engineers and developers to build AIOZ Network and achieve the milestones. together with you the community to download our applications to power our dApps, we will have a clear utitlity use case for $AIOZ.
Kapitalas, [24.03.21 03:43]
When moon?
Erman Tjiputra, [24.03.21 03:57]
[In reply to Kapitalas]
AIOZ Network focusing on technical achievements speaks for itself. when there is an acceleration of adoption of AIOZ Network Nodes and more dApps deploying digital media content on AIOZ Network, naturally the price action will react.
超人🦸🏻🦸🏻🦸🏻, [24.03.21 03:43]
Could the community be useful in any way regarding marketing, or some how spreading the word around to potential clients that would benefit from AIOZ ?
Erman Tjiputra, [24.03.21 03:59]
[In reply to 超人🦸🏻🦸🏻🦸🏻]
Please visit our aioz.network and download our AIOZ Network Node Application. as easy as 1,2,3. install and let your device run to be rewarded with $AIOZ. fyi, please note that all $AIOZ are test net coins. we will announce main net migration in future on our official channel.
When you download the Node application, you will understand the very existence of AIOZ Network.
you the Node is the very life for our AIOZ Network
you Power our dApps and ecosystem
Crypto Catcher, [24.03.21 03:43]
During the build of your project, do you take into account any of the community feedbacks or demands to further expand the new ideas for the proyect?
Erman Tjiputra, [24.03.21 04:02]
[In reply to Crypto Catcher]
AIOZ Developers and Engineers are working tirelessly as we speak now. we hear the community feedbacks and listen to criticisms seriously . We take steps to resolve every issues expeditiously, methodically and logically.
MAPPA SINSIN, [24.03.21 03:43]
Did you raise funds so far? If so, how did you handle them? Are you planning to do any future raises?
Erman Tjiputra, [24.03.21 04:03]
[In reply to MAPPA SINSIN]
the IDO will be taking place on Igntiion Platform and BSCPad Platform . $AIOZ will be releasing in two protocols - ERC20 and BEP20 concurrently.
Ignition Platform - ERC20
BSCPad - BEP20
Erman Tjiputra, [24.03.21 04:03]
Thank you!
I apologize if I cannot answer all of your Questions
Phuong Thao, [24.03.21 04:04]
After this AMA I think more users will feel interested in AIOZ, so Where they can find you?
Erman Tjiputra, [24.03.21 04:05]
[In reply to Phuong Thao]
please visit aioz.network to DYOR and join us. join the movement @ https://t.me/aioznetwork
thank you!
Phuong Thao, [24.03.21 04:06]
[In reply to Erman Tjiputra]
Thank you for your time with us today! @ermantjiputra
Erman Tjiputra, [24.03.21 04:06]
Thank you Thank you!
Phuong Thao, [24.03.21 04:07]
On behalf of Coin98 Wallet, I wish AIOZ all the best and hope to see you guys on the moon!🚀🚀🚀
Erman Tjiputra, [24.03.21 04:08]
Let’s do it! Together you + us @ AIOZ Network
Phuong Thao, [24.03.21 04:08]
[In reply to Erman Tjiputra]
Thanks a lot!
Telegram AMA Recap - Ecomi hosted by Satoshi Street Bets on March 22, 2021
Written by Administrator
Recap of AMA on Telegram with Nikolai White of Satoshi Street Bets interviewing Rhys Skellern, from ECOMI on March 22, 2021.
Participants
 |
 |
Summary
- VeVe is a platform for the mass market
- Acquired rights to over 100 brands in the last 2 years
- 3 types of collectibles, static, interactive, and controllable
- VeVe wallets will be a shelf-ready retail wallet/starter pack, which will be a less robust version of the Secure Wallet
- The vision is to enable brand new digital experiences for our users
- App will have 2FA protection, and not long after biometrics will be available
- OMI to Gem swap is being refactored by VeVe's dev team but should be back to normal by the end of the week (NLT March 27, 2021)
- There will be an Artist Alley
- Want exclusivity and will therefore not increase the number of items minted
Transcript
Rhys (ECOMI- Will not ask for ETH), [22.03.21 00:59]
hi everybody 😊
im not sure if we're on yet RE the AMA, but im guessing we will be soon!
i think i have slow mode on as well so just going to wait until the admins tell me we're all good, i've been booted by pesky bots in other communities in the past haha 1:00 AM
ooooo i think i'm in!
Nikolai White, [22.03.21 01:06]
Awesome! So glad you could be here Rhys
Rhys (ECOMI- Will not ask for ETH), [22.03.21 01:06]
thanks for having me 😊
Nikolai White, [22.03.21 01:08]
So there’s been tons of buzz about OMI both here and on twitter
Rhys (ECOMI- Will not ask for ETH), [22.03.21 01:08]
that there has, the ECOMI family is incredible, they've been singing about VeVe from the rooftops lately! haha
Nikolai White, [22.03.21 01:08]
I’d love for you to talk to us a little bit about the Ecomi ecosystem, as well as what stands you apart from other NFT platforms
Rhys (ECOMI- Will not ask for ETH), [22.03.21 01:08]
sure thing!
So, first things first, and for anyone new to our community, ECOMI is the company, and VeVe is a digital collectibles platform built by ECOMI
When we started designing and building VeVe, we really wanted to take everything people already know and love about physical collecting, and translate it into a new digital world
In order to do that, we had to build the platform for the mass market, otherwise we would be limiting our audience and creating a lot of barriers to entry (which we've seen a few other NFT platforms experience recently). So the app itself actually hides all of the 'crypto' stuff from the user, and allows an ordinary person to come in, understand it quickly, and begin their digital collection
one of the key points of difference with our approach though is the licensing
over the past 2 years or so we have acquired the licensing rights to more than 100 mainstream brands, which all come with established fanbases around the world, and in doing so are able to create incredible 3d models and sculptures, interactive collectibles and a whole lot more, based on these existing brands
Nikolai White, [22.03.21 01:13]
Hahaha, crypto in disguise!
Rhys (ECOMI- Will not ask for ETH), [22.03.21 01:13]
Absolutely! It's the only real way to breach into the mass market audience, as the learning curve (and security) for non-crypto people is just too much.
just to give you some idea of the calibur of brands we're working with, this is the list we've announced so far
1. tokidoki: Mermicorn, Donutella, Unicorn, and Cactus Friends
2. CBS: Star Trek - The Next Generation, Picard, and Discovery
3. Cartoon Network: Adventure Time, Powerpuff Girls, We Bare Bears, and Tuzki
4. Capcom: Monster Hunter, Monster Hunter - Iceborne, and Street Fighter
5. Warner Bros: DC Collectables, Harley Quinn, The Joker, Superman, and Batman
6. The NFLPA
7. Jurassic park
8. Back to the Future
9. Ultraman
10. Ghost Busters
11. Fast and the Furious
12. CryptoZoic Cryptkins
13. General Motors
Nikolai White, [22.03.21 01:13]
It’s much easier to get non-savy collectors to buy something because of their favorite brands than it is to teach them about the all the crypto bits I’d imagine
Rhys (ECOMI- Will not ask for ETH), [22.03.21 01:14]
absolutely it is, really we're taking the brands and collectibles that people already know and love, and presenting it to them in an entirely new way
the best part is that VeVe is a smartphone app, so now any fan, from anywhere in the world, has access to this new world of collecting and fandom right in the palm of their hand
we identified early on that wallets, keys, tokens, all of those things were huge pain points in a product like this, so we've worked the whole design and tokenomic system to be hidden to the normal user
Nikolai White, [22.03.21 01:16]
How did you get all of these licenses? It’s quite extensive
Rhys (ECOMI- Will not ask for ETH), [22.03.21 01:16]
have you ever heard of a man named Alfred Kahn?
Nikolai White, [22.03.21 01:16]
The guy who brought Pokémon to America ?
Never heard of him 😉
Rhys (ECOMI- Will not ask for ETH), [22.03.21 01:17]
hahah that's the one! He's also responsible for teenage mutant ninja turtles, Yu-Gi-Oh, really some of the worlds biggest brands and childrens entertainment shows.
and he happens to be our SVP of licensing
can i drop links in here?
Nikolai White, [22.03.21 01:18]
Oh man, I have some great memories of reading Shonen-Jump with my father growing up
Rhys (ECOMI- Will not ask for ETH), [22.03.21 01:18]
i'll share a couple articles so people can learn more about Al
Medium: Get to Know Our Head of Licensing- Al Kahn!
You asked the questions, now we give you the answers!
Medium: Introducing Alfred Kahn: Head of Global Licensing at ECOMI
Licensing Hall of Fame, responsible for Pokémon, Yu-Gi-Oh & TMNT and more than $25b in sales- Alfred Kahn is ECOMI's newest superstar!
Nikolai White, [22.03.21 01:18]
Sure!
Rhys (ECOMI- Will not ask for ETH), [22.03.21 01:18]
so awesome!
So with Al's experience and connections he mainlined us into a lot of great places, but really it was the tenacity of our CEO (David) and COO (Dan) that secured the deals
it was a tough grind to start, we've been building VeVe for more than 2 years and to start with people had no idea what an NFT was (now it's easy!)
but they kept on pushing, showing them the app, explaining the vision, and eventually we hit a critical mass point where they all realised the opportunity and jumped on board
we're still in beta, and barring a few teething problems i can honestly say that so far the adoption of the app has been truly mind blowing
Nikolai White, [22.03.21 01:22]
Haha yeah no kidding, once we started talking OMI just over a week ago it was only .0025, and unless i missed anything drastic in the last couple of hours, you guys already shot up to over a cent!
Rhys (ECOMI- Will not ask for ETH), [22.03.21 01:23]
the feedback lately has just been amazing, so many people have been throwing their support behind us, and i think people are really starting to understand why we went down the licensing route in the first place
there's no doubt we're in a bit of an NFT hype cycle right now, but when the dust settles we'll still be here as we have access to existing fanbases around the world, in a wide range of verticles
having an app that's easy to understand and use definitely makes a big difference too, so all credit goes to our dev's and design team on that one!
but they kept on pushing, showing them the app, explaining the vision, and eventually we hit a critical mass point where they all realised the opportunity and jumped on board
we're still in beta, and barring a few teething problems i can honestly say that so far the adoption of the app has been truly mind blowing
Nikolai White, [22.03.21 01:25]
Just kidding, the AMA isn’t over yet
Rhys (ECOMI- Will not ask for ETH), [22.03.21 01:25]
hahahahaha i'll cut you a deal after 😉
have you seen some of the capabilities of VeVe?
Nikolai White, [22.03.21 01:25]
So can you tell me more about the collectibles on VeVe?
Rhys (ECOMI- Will not ask for ETH), [22.03.21 01:25]
absoluutteellly
so, on VeVe we offer a wide range of collectibles (and soon accessories as well).
These can be:
Static- like the 3D sculptures you see in the app now
Interactive- like if it's a vehicle you'll be able to open doors, turn the wheel. Or maybe a monster from Monster Hunter doing their death move
Controllable- this is more applicable to our vehicles, and actually come under a new category of game i believe, an Augmented Reality Game or ARG! It means you can literally drive the collectibles around, in augmentd reality, like a little RC car
ill forward some examples so people understand what im talking about
and into the app we've build AR features and capabilities, there's no point being a collector if you can't show them off!
so this is an example of a static collectible in AR (in the real world)
[Forwarded from BlockchainVulture]
same deal here
[Forwarded from meng lei zhu]
this is an example of the DeLorean Time Machine from Back to the Future, due to drop april 8th on VeVe by the way!
Rhys (ECOMI- Will not ask for ETH), [22.03.21 01:29]
[Forwarded from Pieter]
You can see that it's in AR, you can scale it up to life size, open doors, literally get inside it etc...
so already pretty amazing for an NFT
but the thing i know a lot of people are waiting for is the controllability. it needs a little work still, but this is the kind of thing you'll be able to do
Rhys (ECOMI- Will not ask for ETH), [22.03.21 01:30]
[Forwarded from Frederik]
there will also be live 'physics' too, you'll be able to do burnouts, the tires will catch on fire, things like that
so for NFTs, there really isn't any digital asset like this available that you can actually own too!
Nikolai White, [22.03.21 01:33]
Oh that’s awesome, so you’re going to bring gaming into this as well?
Power to the players 💪🏼
One of the reason we love crypto at @wallstreetbets is because unlike centralized stock exchanges and apps like Robinhood there’s absolutely no way to prevent the buying and selling of assets
I hear that OMI atleast for now is only on a limited number of platforms
Rhys (ECOMI- Will not ask for ETH), [22.03.21 01:34]
yeah absolutely, we're building out a web platform that will allow for more robust utility of the collectibles, but that will come a bit further down the line
That's correct
Nikolai White, [22.03.21 01:34]
These platforms don’t have any central control over the blockchain correct? And can you tell us your roll out plan to expand to platforms that are more accessible to crypto veterans?
Rhys (ECOMI- Will not ask for ETH), [22.03.21 01:35]
[In reply to Nikolai White]
just to confirm- do you mean exchanges here?
Nikolai White, [22.03.21 01:35]
Perhaps there’s opportunities to make it more accessible to nerds like my father who isnt as familiar with crypto
Rhys (ECOMI- Will not ask for ETH), [22.03.21 01:35]
Yes, that’s correct, or I suppose Omni-wallet integration would fall under this category as well
Nikolai White, [22.03.21 01:37]
Rhys (ECOMI- Will not ask for ETH), [22.03.21 01:38]
[In reply to Nikolai White]
So right now VeVe is a hybrid system. We had to design it that way to manage the security of peoples NFTs in an easy to understand manner, it wouldnt look good if new users came in, bought collectibles, then lost their keys and therefore lost access to their collectibles.
It was also important in the early days of securing licenses as 'blockchain' was a bad word to mention but recently more and more of them are opening up to the new digital future. So coming mid year we'll be opening up interoperability of our NFTs, and some of our bigger license partners will be going straight to interoperability too. With our existing partners there is a lot of legalese to be established, as these opportunities have never been available to them before, so we're really hand holding a lot of these brands through the digital transition
yeah right now OMI is available on bitforex and bitmax exchange, and we're going live on uniswap next week too- this will be a wrapped token as we run on GoChain right now, not ethereum
We also have the Secure Wallet- our own cold storage wallet- which was actually the first product made by ECOMI
so that natively stores the OMI token and about 1000 other digital assets. people can find more info about it at secure-wallet.io and on our blog if they're interested
https://medium.com/ecomi/secure-wallet/home
for sure. the whole point of building VeVe this way was so that anyone could use it, and so far that seems to be the reaction/adoption we're getting. We've only been live for 3 months and already have 80,000 + users in the app!
before long we'll be rolling out branded/licensed versions of the secure wallet too, so you might be able to get a batman crypto wallet for example
and in the not too distant future a shelf-ready retail wallet/starter pack, which will be a less robust version of the Secure Wallet, but come with a redemption code for a collectible on VeVe as well
so you'll see our VeVe wallets in tech and gaming stores some time in the future too!
Nikolai White, [22.03.21 01:43]
Oh, well when you put it that way, I suppose having some degree of control can be useful for emergencies
Is there digital security measures in place that could prevent these features from being abused ?
I think interoperability would be huge !
Rhys (ECOMI- Will not ask for ETH), [22.03.21 01:43]
[In reply to Nikolai White]
absolutely, it's where the entire industry is heading, so it's inevitable. Plus- licensors aren't about to turn down the opportunity for a perpetual royalty either! haha
Nikolai White, [22.03.21 01:44]
Wouldn’t that mean that the NFT’s could be used in various different games, and unlock different things to have different stats or experience progress in different games ?
Rhys (ECOMI- Will not ask for ETH), [22.03.21 01:44]
[In reply to Nikolai White]
sure is. In an update coming to the app soon (should be live in the next week or two) we're adding 2FA protection, and not long after biometrics will be available as well
We haven't released details on it yet, but we are also building the VeVeVerse, which is pretty well where this will take place. There are still restrictions on how/where these licensors IP can be used, but the goal behind it is to build utility into the collectibles themselves, so you can maybe drive your collectible DeLorean to your friends place in our virtual world, or be the batman character that you own and love, things like that.
have to wait a little while longer before you get more info on that though 😉
have you seen ready player one?
Nikolai White, [22.03.21 01:47]
While crypto-gaming is still in its infancy, I think NFT’s will be some of the most exciting ways to bring gaming content back into the players hands
Just like I didn’t like renting games from Blockbuster, I don’t like the new trend of gamers paying for features on a monthly basis
By collecting digital assets, gamers can perhaps get some continual value out of their collectibles no?
We want alpha! We want alpha!
Isn’t that the first person gaming movie ?
Rhys (ECOMI- Will not ask for ETH), [22.03.21 01:48]
yeah absolutely, the amount of money being spent on in-app items and in games where the user doesn't actually own the item is crazy!
NFTs really represent a brand new world for that kind of content, and i personally am very excited about the whole metaverse ideal that is playing out
More or less, basically depicts a new digital world where people can be whoever they want to be, build whatever they can dream up, play and interact with other people inside it, that kind of thing
Nikolai White, [22.03.21 01:50]
[In reply to Rhys (ECOMI- Will not ask for ETH)]
I think I still have some old League of Legends skins I haven’t touched in years haha
At the very least if they integrated with Ecomi, I could pull a detailed version of the skin up on VeVe to show my friend if I bumped into someone at the bar that still plays ?
Rhys (ECOMI- Will not ask for ETH), [22.03.21 01:50]
i only mention it as that sort of world is part of our vision, we want to enable brand new digital experiences for our users. That starts with VeVe, but who knows where it ends!
with our app you could drop it in AR, and wear it around! haha
(also if you know anyone in management from league of legends feel free to send them our way!)
Nikolai White, [22.03.21 01:52]
[In reply to Rhys (ECOMI- Will not ask for ETH)]
The digital world is getting more and more immersive for sure.
Speaking of which, does Ecomi have any opinions on augmented reality ?
Rhys (ECOMI- Will not ask for ETH), [22.03.21 01:52]
opinions? We love it! haha
Nikolai White, [22.03.21 01:52]
[In reply to Rhys (ECOMI- Will not ask for ETH)]
No but a friend I grew up with slept with HotShotGG so I’ll see what I can do 🤣
Rhys (ECOMI- Will not ask for ETH), [22.03.21 01:53]
AR really is the bridge that lets us connect the physical world of collecting with the digital one. It allows our users to interact with our collectibles in ways that have never been available before, and we offer a way for people to build their perfect collectible showrooms, and drop them in AR too!
hahaha awesome!
i'll show you some of our AR showroom videos so you know what im talking about
[Forwarded from BlockchainVulture]
Nikolai White, [22.03.21 01:54]
Rhys (ECOMI- Will not ask for ETH), [22.03.21 01:54]
so, on VeVe, everyone has their own digital space
you can design and customise it, before long you'll be able to add props and accessories like couches, plants, shelves, pedestals etc.. to really make it your own, and show off your collection
then, as you can see in that video, you can drop your whole Showroom into augmented reality and literally walk through it
THEN- you can share that Showroom to our inbuilt social Feed and other users can check it out and walk through it too, from the other side of the world!
it's a really incredible way to show of your digital persona, and connect with other fans and collectors across the world 😊
hahaha and clearly it makes me a little excited
Nikolai White, [22.03.21 01:56]
My housemates room looks like a museum of collectibles, it would be awesome if he could post it online and other people could walk around and take a look
Is there anything else you’d like to add about the VeVe collectibles? Perhaps and new features or partnerships you’d like to reveal ?
Rhys (ECOMI- Will not ask for ETH), [22.03.21 01:57]
[In reply to Nikolai White]
for sure! That's really what we're trying to capture and re-create. Instead of needing a whole room to show off your collectibles, or for other people to have to come to your house to enjoy it, now you can do it from the palm of your hand, while enabling a whole host of customisations that you just cant do in the physical world
Nikolai White, [22.03.21 01:58]
Hahaha, now we just need to figure out what will be worth more in the future— crypto or real estate
I prefer the one with less upkeep and no yearly ownership taxes 😝
Rhys (ECOMI- Will not ask for ETH), [22.03.21 02:00]
[In reply to Nikolai White]
i wish i could drop some partnerships, but I would probably lose my job!
I will say that we have a brand new type of digital product that will roll out on VeVe in a couple of months time, so definitely keep an eye out for that.
And really I think it's important to highlight that VeVe is a platform, not just an app. That let's us take this in a lot of directions and provide incredible amounts of premium digital content.
For example, later in the year we'll be opening the 'artists alley' which will see a number of world class artists come onto the platform for some digital only releases. It will also provide a way for incredible up and coming artists to display their works as well, and im hoping to have some more news out about that soon!
just OMI 😉
hahahaha but i'de say definitely crypto in this environment, and for the next decade at least
now that the app is live we'll also be releasing new license partners and collectibles regularly (new collectibles drop weekly, Thursday 8 am PST)
Nikolai White, [22.03.21 02:03]
So, normally we do run our AMA’s for more than an hour but this one was a major success!
At one point we had 200 users in the voice chat alone
If you have a few more minutes to chat, i’d be interested in getting the scoop on the tokenomics
Rhys (ECOMI- Will not ask for ETH), [22.03.21 02:03]
so keep an eye in our announcement channel, blogs, and in the news for those fun things
Nikolai White, [22.03.21 02:03]
Or as some of our friends say
Rhys (ECOMI- Will not ask for ETH), [22.03.21 02:03]
amazing! thank you everyone for being part of it
Nikolai White, [22.03.21 02:03]
Pumpamentals
Rhys (ECOMI- Will not ask for ETH), [22.03.21 02:03]
for you guys- i have the time! hahaha
Nikolai White, [22.03.21 02:03]
Rhys (ECOMI- Will not ask for ETH), [22.03.21 02:03]
where would you like to start?
Nikolai White, [22.03.21 02:05]
Well gems are a reoccurring theme in premium games, and we see them making an appearance in the VeVe app as well
What are the gems for, and why do you use them in the App instead of OMI?
Can I swap them?
Rhys (ECOMI- Will not ask for ETH), [22.03.21 02:06]
great place!
So, because VeVe is built for the mass market, we also needed an in-app currency that was familiar and easy to use- Gems.
But Gems are actually just OMI tokens wearing different pants.
So all of the transactions in the app run using the OMI token, but to the end user they don't see any of the technical blockchain stuff, they just come in, can purchase Gems using an in-app purchase, or swap their OMI tokens into Gems, and then buy their favourite collectibles.
Where it gets really interesting though is our 'pumpamentals' as you put it haha.
every time an NFT is sold, the OMI tokens used in the transaction are burnt
forever.
i think we've already burnt 2.4 billion tokens or something crazy, so our total token supply is actually deflating over time
i dont know of any other project that offers that
in order to keep the in-app Reserve topped up, we also have a system of buybacks, using the revenue generated from those sales, which creates on-going buy pressure for OMI on exchanges
we go into much more depth about it here for anyone who wants to read more into it:
VeVe Tokenomics: In-app Funds and Token Buy-Backs
the design of the app and the use of the OMI token also means that a vast majority of the total token supply never reaches circulation, and we released some news last week that another 97 billion tokens was burnt as well, so really the more NFTs we sell, the more scare the OMI token becomes. and in 3 months we've sold more than 100,000 NFTs, so i think we can all see where this is headed longer term
Nikolai White, [22.03.21 02:10]
So does that mean Gems to OMI are 1 to 1?
Rhys (ECOMI- Will not ask for ETH), [22.03.21 02:11]
[In reply to Nikolai White]
great question. So Gems actually act like an in-app stable coin.
1 Gem = $1 USD
That way we can price collectibles in a way that is easy to understand too.
You convert your OMI to Gems at the market rate, so, theoretically if the token price increases, you can now get more Gems for your tokens, and therefore more collectibles
(not financial advice and all those fun things)
the OMI > gem swap is being refactored by our dev's at the moment, but should be back to normal by the end of the week, and then it's a breeze to do
How to Swap OMI for Gems
Nikolai White, [22.03.21 02:13]
Burning tokens certainly does cause more scarcity! This will make it have some crazy moon potential no?
In addition, there’s a rumor going around that the OMI team accidentally burned a ton of tokens speeding up the pace of the project
Can you confirm or deny these rumors at this time ?
Rhys (ECOMI- Will not ask for ETH), [22.03.21 02:13]
and in Q2 we'll integrate our MTL partner, so you'll also be able to swap Gems back into OMI (or directly to fiat, although that will still be like a market sell i believe) and cash out of the app
correct on both fronts
it's not a rumour haha, we put it out in a video update last week, i'll find the link for you if you want it
Nikolai White, [22.03.21 02:13]
Please !
Rhys (ECOMI- Will not ask for ETH), [22.03.21 02:14]
Checking in with VeVe- Progress, announcements and reveals...
Nikolai White, [22.03.21 02:14]
Rhys (ECOMI- Will not ask for ETH), [22.03.21 02:14]
we release as much content like this as possible to keep the community informed of the app development and everything else we have going on, i actually just published another one before we started this AMA
ECOMI Community Update- March 22 2021
Nikolai White, [22.03.21 02:15]
The OMI team has been super active lately, do you have any big events upcoming?
Rhys (ECOMI- Will not ask for ETH), [22.03.21 02:17]
events are little limited given the covid environment and all of that, but when they're back on we'll be on the road at comicon and that kind of event.
in the meantime we have a LOT of amazing content to roll out on VeVe, so new digital collectible drops will happen every week, new brand/license partners will be announced- there's some that the crypto crowd are absolutely going to love so hopefully that gets out soon too- and we'll continue to build and develop all the amazing features on VeVe.
We do release quarterly updates and roadmaps too for anyone who wants to see what we have coming. I'll just drop the 3 we did for Q1 as well, there was a token update, an app features update and a collectibles update that we shared, and i think we'll maintain that sort of format moving forward as well
Medium
Q1 2021 Token Updates
More than 1.1 Billion OMI have been sent out of circulation from the sale of over 1200 collectibles- here’s what’s coming next!
Medium
VeVe: Q1 App Features
Photo editing tools, Showroom upgrades, accessories, props and even a new platform build! VeVe is just getting started…
Medium
Digital Collectibles Coming to VeVe Q1-21!
There are already some incredible collectibles available on VeVe, and with more than 100 brands to be available on our digital…
you've probably figured out by now that we produce a tonne of content! hahaha it just helps new people to find us and understand what we're building, and of course we're all one big happy family so want everyone to be involved on this journey 😊
Nikolai White, [22.03.21 02:22]
I love projects with a clear and defined roadmap, so many other young projects in the crypto space like to make empty promises without setting dates to attract hype without delivering on a finished product
Seeing a lower market cap project that actually has a finished project is like a breath of fresh air
Exclusive partnerships and constant improvements is really rare too, perhaps you guys won’t be such a low market cap for very long !
It seems so! The only thing you guys need now is an episode on the Satoshi Street Bets Podcast
Rhys (ECOMI- Will not ask for ETH), [22.03.21 02:23]
the way things are looking we may not be!
We're also one of the only crypto projects that has actually delivered on everything in our whitepaper, and can now proudly say we have an incredible userbase and are generating revenue- again a rarity for a lot of companies in crypto
we are more than happy to come on for a chat!
and while im here i'll just say a big thank you for letting us share in your community, it's really appreciated and we will happily welcome any and all of you to the ECOMI fam 😊
Nikolai White, [22.03.21 02:26]
It seems there’s so much to learn about OMI that we’re really going over schedule, but I’ve got some energy to go if you do ! Otherwise we can always save some questions for Youtube
Rhys (ECOMI- Will not ask for ETH), [22.03.21 02:27]
im more than happy to keep going, hit me with your best 💪
Nikolai White, [22.03.21 02:28]
Okay perfect, so lots of us in the defi-degen communities love to put our money to work wether that be staking or farming liquidity
Are their any staking opportunities available for OMI?
Rhys (ECOMI- Will not ask for ETH), [22.03.21 02:29]
ahhhh this is where VeVe gets really fun. There will indeed be staking opportunities, but being an NFT platform it wont be like the normal 'stake your tokens to get more tokens' kind of thing.
Rather, staking on VeVe is part of our master collector program. This is where we start to build in some really awesome gamification to the app, and you can level up your collector ranking to gain access to exclusive releases, or early access to collectible drops, things like that
there will be plenty of other ways to up your ranking too, liking sharing commenting, attending location based events, stuff like that so everyone can participate regardless of whether they're crypto people or not
so our staking revolves around our NFTs, and as we all know staking also reduces the circulating supply of the token
ha!
Nikolai White, [22.03.21 02:32]
OMI printer go BRRRR
Rhys (ECOMI- Will not ask for ETH), [22.03.21 02:32]
we have a lot of layers and implementations to come for the platform, after all we dont want to just attract users, we want them to absolutely love the platform and keep coming back!
Nikolai White, [22.03.21 02:33]
People are have been making a ton of money reselling NFT’s
Now is Ecomi with secondary market support ?
Rhys (ECOMI- Will not ask for ETH), [22.03.21 02:35]
so we already have an in-built market place where you can buy and sell with other users. In order to use the Market you have to have Gems, which means OMI token are being bought and used throughout the app too.
You can list your items at a 'buy now' price or put the up for auction and let the mayhem take over! hahaha i think we've seen some go for nearly 3000 Gems ($3k usd) already so there are a lot of opportunities with the collectibles too.
Before long you'll also be able to search users and offer trades as well, like my 1 batman for your 3 powerpuff girls, that kind of thing.
when the NFTs become interoperable you'll be able to send them out of the app to open marketplaces like opensea as well, but you wont get the full VeVe/AR experience like you do in the app itself
Nikolai White, [22.03.21 02:36]
[In reply to Rhys (ECOMI- Will not ask for ETH)]
So many people are investing in products where the main value is “dollar go up”
Fickle traders with no attachment to the products will go in and out of projects in order for a quick buck
My understanding is part of Ecomi’s strategy is to adopt real users so that they stick with the platform, and the fact that they need to understand this and go off the platforms they might be used to in order to obtain OMI kind of works in their favor doesn’t it?
I’m no expert trader, but fundamentally this would create a price floor that’s not purely based on speculation if my logic is sound
That’s being said, people in crypto love to speculate! Are their any exchange listings coming soon for the degens to play in the reindeer games ?
Nikolai White, [22.03.21 02:37]
[In reply to Rhys (ECOMI- Will not ask for ETH)]
Rhys (ECOMI- Will not ask for ETH), [22.03.21 02:39]
yeah for sure, what we're really aiming for and attracting is fans.
We really believe everyone is a fan of something, be it the NFL, batman or collectible cars, so fundamentally we want people to use and actually enjoy the products themselves.
What the 'dollar value' of that equates to will be different for every person, and if you reallllly love a particular batman you might not ever sell it, but having the option available to you is a big leg up too
hahaha you dont have crypto without speculation!
we'll be going live on uniswap next week, march 31, and continue to list on other exchanges too. Of course just about every exchange has been reaching out to us lately so i dont think it'll be long before we hit another one, but we really did only list on bitmax 2 weeks ago or something so we're happy with the way things are progressing right now
Nikolai White, [22.03.21 02:40]
Between exclusive iconic brands, limited quantities and the collectible nature we could easily see prices that reflect for example the comic book industry in the future correct ?
But you guys aren’t limited to pop culture right? I think I had seen somewhere that you had some sports partnerships and other collectibles as well?
Rhys (ECOMI- Will not ask for ETH), [22.03.21 02:42]
for sure, i really dont think it'll be long before the digital collectible market overtakes the physical, it just makes things too easy for collectors, and you get all the same value propositions e.g. scarcity, rarity, 1/1's, exclusive editions, all of that can now be translated into digital, but you can also sell them at the push of a button to anyone in the world, that's something that really wasn't possible before NFTs.
of course it extends to digital art and beyond as well, so it's really exciting to see where the industry will go in the next few years
Nikolai White, [22.03.21 02:43]
[In reply to Rhys (ECOMI- Will not ask for ETH)]
Oh man, listings such as uniswap is like opening the floodgates
Rhys (ECOMI- Will not ask for ETH), [22.03.21 02:43]
[In reply to Nikolai White]
not at all, Veve covers a range of fandom verticles, and we have acquired licenses and brands across
Pop Culture, Sports, Gaming, vehicles, Film & TV, Anime & Animation, and Celebrities
Nikolai White, [22.03.21 02:43]
How can people get their OMI tokens now before the big rush?
Rhys (ECOMI- Will not ask for ETH), [22.03.21 02:43]
[In reply to Nikolai White]
yeah you go where the eyeballs are right!
you can get OMI on bitforex and bitmax exchange. Bitmax is probably the more well known one, we're listed against USDT in both cases.
Just be sure that you're looking at OMI, and not 'ecom' or 'omni'
unfortunately we had a lot of users buying the wrong tokens when they started to hear our name mentioned
Nikolai White, [22.03.21 02:45]
Let’s say I had access to the official intellectual property for Wall Street Bets, would we need to have an exclusive partnership in order to list NFT’s on OMI?
Rhys (ECOMI- Will not ask for ETH), [22.03.21 02:46]
[In reply to Rhys (ECOMI- Will not ask for ETH)]
i guess the art and artists that are coming on board would fit somewhere into these verticles too, but 'artists' may be considered it's own verticle before long as well
to list them on VeVe, yes, OMI is just the token 😊
the platform is designed for premium and curated content, rather than user-generated content, like you would find on rarible or a similar platform
i'de be very curious to see what kind of collectibles you'd make for us though!
Nikolai White, [22.03.21 02:49]
I have some big things coming from the art world! Nothing I can get into here, but perhaps in private I can spill the beans
I’ve got a ton of access to the art world, everything from the largest fine art galleries in the east coast of the US to a few Banksy’s that made their way into private hands 😄
Rhys (ECOMI- Will not ask for ETH), [22.03.21 02:49]
ALPHA ALPHA ALPHA!!! 🚀
Nikolai White, [22.03.21 02:50]
That was alpha! This is the first time I’ve spoken of this publicly
Rhys (ECOMI- Will not ask for ETH), [22.03.21 02:50]
[In reply to Nikolai White]
wow that's awesome, i'de love to see Banksy making a splash in the NFT world
i am very humbled that you're sharing it, we can definitely have a conversation later about it all
(sorry fam!)
Nikolai White, [22.03.21 02:53]
Definitely, you mentioned you wanted to support artists
What infrastructure is in place to help artists at all levels of their craft monetize their work ?
Rhys (ECOMI- Will not ask for ETH), [22.03.21 02:55]
i wont have the finer details until we're ready to roll out the artist alley, but we do have partnerships with some of the biggest artists in the world already, and they'll be doing some exclusive releases on our platform.
For up and coming artists we will eventually open avenues for submissions, but we also have partnerships with people like Lev of Toy Tokyo, and other people in the space who are aware of new and exciting artists too, so people like that (people in the know, moreso than us anyway) will responsible for helping us with a lot of the curation and art direction. Do you know much about Toy Tokyo?
VeVe Welcomes: Toy Tokyo
Nikolai White, [22.03.21 02:57]
Hmm no I don’t think I do, but the toy market is certainly another interesting angle as well
Rhys (ECOMI- Will not ask for ETH), [22.03.21 02:59]
yeah absolutely, 'designer toys' are a thing, but he's worked with a number of world class artists too, definitely worth doing some research on him
Nikolai White, [22.03.21 03:00]
What are your thoughts on NFT’s that represent their physical counterparts and do you have any plans in that area?
Also along those same lines, where do you see the future of NFT’s going?
Rhys (ECOMI- Will not ask for ETH), [22.03.21 03:02]
yeah we do indeed. Rather than an NFT that represents a physical counterpart, we're going to be enabling releases where you buy the digital version and you have a 1 in X chance of winning a physical one too, or it may be that everyone who buys the digital gets a physical representation too, theres a lot of crossover there that can help to bridge the digital/physical art world and introduce fans and collectors to new artists too
i honestly think that just about everything will be represented by an NFT at some point
it just makes more sense to be able to buy/trade these assets without always needing to move the physical item around. Even when it comes to things like house deeds, i like the idea of being able to buy a portion of a property, and diversifying across different countries, for example
same deal with cars, art, whatever you want, NFT's enable truly liquid markets where they have never been available before, and I think they stand to have as big an impact on finance (if not bigger) than crypto-as a currency/financial alternative- already has
Nikolai White, [22.03.21 03:05]
Hahaha when I was in school and they were talking about The Internet of Things being the biggest thing coming to business in the future I didn’t even know what an NFT was
Any thoughts on the concept of the Internet of Things as it relates to NFT’s?
Rhys (ECOMI- Will not ask for ETH), [22.03.21 03:06]
hell i had no idea either before we kicked things off with ECOMI, i think people forget that they really haven't been around all that long, before crypto punks/kitties the technology hadn't even been invented, and that was only 4 years ago really
hmmmm honestly not something i've put that much brain power into. To me the IoT is more the interconnectivity of devices, whereas NFTs are a digital representation of an item
Nikolai White, [22.03.21 03:08]
Well if the internet of things could be hacked and breach personal data, could blockchain or NFT’s be used in order to verify who can access the data on these devices ?
Rhys (ECOMI- Will not ask for ETH), [22.03.21 03:11]
yeah i think they can for sure. You can already grant users/fans special access to things just for holding NFTs, like in decentraland for example, maybe wearing a certain pair of digital shoes will let you into a private room or something. i dont see why they cant be used for ID purposes too, and for passwords and things.
once we have real integrations between physical and digital items, it could be something as simple as a watch, that looks ordinary to most people, but unlocks your house or your data or something like that. Or you scan a photo in your house that is also linked to your digital identity, starts to become keys hidden in plain sight
i really like the web3 movement happening at the moment, and building a digital identity/trust score
Nikolai White, [22.03.21 03:13]
Definitely, cryptocurrency got scary for a minute with how transparent blockchain technology is, but it’s nice to see new integrations coming to the privacy and security of our digital assets
Rhys (ECOMI- Will not ask for ETH), [22.03.21 03:13]
ties into the zero knowledge proofs as well, two parties being able to prove who they are or provide information, without anyone knowing who they are or what that information is, but for that computation to then approve whatever transaction needs to take place
yeah for sure, just another rabbit hole in crypto! hahaha
Nikolai White, [22.03.21 03:16]
Speaking of securing the value of of our digital assets, someone on our voice chat just asked wether or not the fully sold out NFT’s could be printed at a later date
Does Ecomi have any plans to rerelease any sold out items on VeVe and in addition, are their decentralized solutions in place that make that impossible ?
Rhys (ECOMI- Will not ask for ETH), [22.03.21 03:17]
definitely not. Anything sold out can be acquired by buying/selling with other users in the Market, so people can still collect their favourites there, but anything sold out is foreever unavailable in the Store
the same as minting any token, we only mint a limited number of each collectible, and once that's done there wont be any more.
The number minted also depends on rarity, so Secret rare or ultra rare will always be the most limited, and then you go down the rungs rare, uncommon and common (which has the most)
so you might have 7500 commons, and only 1000 ultra rares
if we kept releasing them you would just saturate the market, and the whole point is that these are very limited edition, scarce items
Nikolai White, [22.03.21 03:20]
They also have a follow up question, do you ever have plans to increase the number of commons or rares in the later editions?
Not retroactively of course
Rhys (ECOMI- Will not ask for ETH), [22.03.21 03:21]
as our userbase grows we may increase the numbers compared to some of our early drops, but really we want to create that exclusivity for our users, and lower runs on the items also stimulate the second hand Market economy (which users need Gems/OMI to participate in) so we wont be increasing the number minted just because our adoption increases
of course the numbers may change depending on the brand too, some more popular ones or with more IP may give us opportunities to offer different things, like higher runs on really fun collectibles so they're available to more people. We've managed to collect a great amount of feedback in the 3 months that we've been live, so we'll continue taking that into consideration too as we move forward and build out the platform
Nikolai White, [22.03.21 03:27]
Also, while we‘re taking audience requests they want to know if you guys are looking to obtain the NFT rights for Transformers
And I guess in that same vein, I’ll ask about Power Rangers !
Rhys (ECOMI- Will not ask for ETH), [22.03.21 03:27]
hahaha we are looking to obtain the rights for EVERYTHING!
our goal was really to corner this market, and to be the 'netflix of digital collectibles' so we are constantly onboarding new brands and licenses, and will continue to build out those offerings as we move forward. With more than 100 on board already, including things like the NFL PA, DC Comics, Cartoon Network, General Motors etc... you can already see the calibur of licensor we're working with, and they continue to get bigger from here
Nikolai White, [22.03.21 03:29]
Hahaha okay awesome, so nothing is out of the question?
I look forward to a painful array of Jackass NFT’s then 😉
Rhys (ECOMI- Will not ask for ETH), [22.03.21 03:29]
hahahahaha if steve-o is licensing himself it could be a thing
for now though team I think im going to have to wrap this up, we have another massive week ahead with a new drop on thursday (UltraMan for anyone wondering) and plenty of work to come!
Nikolai White, [22.03.21 03:31]
I’ll give him a call when we get off, I’ll play 7 degrees of Kevin Bacon
Being from NY, the world seems really small
It’s amazing how cryptocurrency is bringing people together
Before we wrap up, is there anything else you’d like to share with the audience?
Rhys (ECOMI- Will not ask for ETH), [22.03.21 03:31]
[In reply to Nikolai White]
truly incredible, it's like we've all found a hidden secret
Just want to say a big thank you to everyone for tuning in, the best way to really understand Veve is just to download it on your phone and take a look around, it's available on both iOS and Android provided your phone can support AR.
you can find all of our resources by joining the ecomi community t.me/ecomi
or checking out our blogs medium.com/ecomi and medium.com/veve-collectibles
And if you want to get your hands on some epic ultraman collectibles they drop this thursday 8 am PST!
and of course, if you want to pick up some OMI tokens, bitforex and bitmax exchanges are the place to do it!
Big thank you again for having us on, i hope you all enjoy the rest of your day 😊
Nikolai White, [22.03.21 03:36]
Glad to have you, thanks for sticking around as long as you did!
Where can we follow all the latest Ecomi updates ?
Rhys (ECOMI- Will not ask for ETH), [22.03.21 03:37]
no problem at all, it's been great to chat, and i hope everyone learnt something about us today
t.me/ecomiANN is the place!
in fact i think you'll catch our CEO chatting to Ran (crypto banter) in about 20 minutes too if you want to tune into that!
Nikolai White, [22.03.21 03:38]
Alright thanks again for coming!
I’m going to resume our normal chatting activities
Sure, post link!
Rhys (ECOMI- Will not ask for ETH), [22.03.21 03:39]
VeVe CEO on YoutTube CryptoBanter
cheers! catch you guys around the cryptosphere!
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