OVERVIEW OF ECOMI

in ecomi •  6 years ago  (edited)


Since the invention of Blockchain Technology and Cryptocurrency in 2009 the Blockchain Technology has been applied in almost all industries. Cryptocurrency has become a widely known means of digital payment. Even with the revolutionalization that the blockchain technology has brought, it is faced with 2 major challenges

  1. Privacy and Security of Blockchain Technology Users; Due to the nature of blockchain, private keys cannot be restored once they are lost or not carefully backed up. Also, attacks from hackers have led to the loss of crypto assets.
  2. Easy Conversion of Cryptocurrency Assets into Fiat; Individuals often find it hard to seamlessly convert their cryptocurrencies to fiat.
    To solve these challenges, the ECOMI Technology Pte. Ltd... has taken the pain to develop ECOMI Ecosystem as a solution.

ECOMI ECOSYSTEM

The ECOMI Ecosystem consists of several decentralized applications that offers ownership control and privacy by securely storing private keys on the secure wallets or ECOMI One. ECOMI Ecosystem creates a platform that allows users to trade cryptocurrency for fiat, and to spend their cryptocurrency or OMI Tokens anywhere in the world. ECOMI aims to bring the blockchain technology to the real world in one user friendly platform. The ECOMI Ecosystem functions within the secure wallet and the ECOMI device.

FEATURES OF THE ECOSYSTEM

  1. The Secure Wallet; the secure wallet is a hardware device that helps the user to ensure protection of digital assets.
  2. The ECOMI One; dis is a global payment card. It will be used to hold their cryptocurrencies and also their Fiat currency
  3. ECOMI Exchange; The ECOMI exchange enables holders of ECOMI one card to spend their cryptocurrency exactly the same way they would use normal debit/credit cards.
  4. ECOMI App; this is the heart of the Ecosystem. All the features of the ECOMI Ecosystem exists within the app
  5. ECOMI VAULT; this is the part of the platform that stores and protects users data
  6. ECOMI COLLECT; this is the platform where for digital collectibles. The ECOMI collectible will be purchased, sold, and traded in the ECOMI App.

WHAT WILL OMI TOKENS BE USED FOR??

  1. The OMI Tokens will be the only accepted means of payment for transactions carried out throughout the ECOMI Ecosystem
  2. OMI Tokens can be used for staking on the ECOMI Vault, ECOMI Collect and other future DApps
  3. In order to stake tokens, owners must hold a certain amount of tokens in the address that is being associated with the DApps being used
  4. The ECOMI Tokens will also be used to fund the DAPPS that exist in the ECOMI Ecosystem.

ECOMI TOKEN SALE

Approximately 500,000,000 OMI Tokens have been slated out for ECOMI Token Generation Event (TGE). The funds raised will be used to fund the ECOMI Ecosystem. ECOMI concluded its pre-sale on the May 31st, 2018 send thei9r crowd sale will begin on 30th of June 2018. The crowd sale will end when the hard cap of 500,000,000 OMI Tokens are reaches. Tokens will be distributed 7days after t5he Token Generation Event. Unsold tokens will be redistributed after 10months.

For more information, kindly use any of the links below
WEBSITE : https://www.ecomi.com/
WHITEPAPER: https://drive.google.com/file/d/1c8LZjH9MwkM48p9kBbw10t4S0fno_z3u/view
TWITTER: https://twitter.com/ecomi_
TELEGRAM : http://t.me/ecomi
BITCOINTALK ANN: https://bitcointalk.org/index.php?topic=3609319

AUTHOR’S DETAIL
BOUNTY0X USERNAME; Dorys

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