ECOMI Monthly Update- April 2022

ECOMI
ECOMI
Published in
11 min readMay 11, 2022

--

The Immutable X bridge is open, Epiko Regal announces p2e gaming using OMI, and all of our exchange partners have completed the migration! Coca-Cola Starlight launched on VeVe, Matt Gondek airdropped to collectible holders, and VeVe partnered with AMC theaters for a Jurassic Park NFT tie in.

ECOMI monthly update- April 2022

ECOMI Updates

OMI Token Migration

We are very happy to report that all exchanges have now completed the OMI token swap. In April both OKx and gate.io completed the token swap and enabled withdrawals of the new ERC20 OMI token.

It’s Time to Swap!

If you have not swapped your tokens from the old GoChain OMI token and/or wrapped OMI (wOMI) to the new ERC20 OMI token the swap site is live, and we recommend swapping your tokens if/when ETH gas prices are low.

At the time of writing Bitforex is still accepting GoChain deposits and allowing ERC20 OMI withdrawals. This is a good option for those who are not as technically savvy or perhaps only have smaller token amounts to swap, you just need to ensure you are depositing and withdrawing on the correct chain.

As always please use SMALL test amounts (the absolute minimum you can send) to ensure you are doing things correctly.

For larger token amounts, or those that prefer complete control/security throughout the token swap process you can use the walkthrough guide below to complete the process. You can also check out Crypto Chris’s token swap guide here for a video explainer.

Reminder: the swap site is only designed to interface with MetaMask and on a desktop browser. Please do not use the MetaMask mobile app, Trust wallet, or anything other than the desktop/broswer version of MetaMask to swap your tokens!

The Immutable X Bridge Is Now Live!

The Immutable X bridge/ERC20 transfer site is now live. With it you can:

  • Deposit ERC20 OMI from Layer 1 Ethereum (L1) to Immutable X’s Layer 2 protocol (L2).
  • Send OMI to and from the VeVe app for storage or later use (as all VeVe OMI wallet addresses now live solely on Layer 2)
  • Spend your OMI in the IMX marketplace, or other compatible IMX marketplaces, if there are NFTs available for sale listed in OMI.
  • Withdraw OMI from your L2 wallets back to L1, to be sent to personal wallets such as Trust or Ledger, used in external games and applications that support L1 OMI, or to transact on exchanges.

We’ve put together a complete walkthrough guide which you can access below. Again, please only use the desktop/browser version of MetaMask to interact with the IMX token bridge.

Public Details and Branding Updates

Alongside the bridge opening Immutable has also updated the OMI logo in the IMX marketplace- a much-requested community feature! You will now see the OMI logo displayed on https://market.immutable.com/ and in the wider IMX ecosystem.

Similarly, Etherscan has updated our token information and logo, which you can now find easily if you search for ‘ECOMI’ on etherscan.io. This provides quick and verifiable access to the ERC20 OMI token contract address, should you ever need to add it

OMI Supported in Ledger Live + Coinbase Wallet

Ledger is one of the most popular and widely used cold storage crypto wallets on the market, and they have recently integrated the OMI token into Ledger Live.

In March OMI became available on Ledger X’s companion app, and in April token support became available in the Ledger Live desktop app, allowing token holders to easily store, access, and transact with their OMI tokens directly from Ledger cold storage devices.

You can now also purchase OMI tokens directly through the Coinbase browser wallet. Similar to purchasing OMI through MetaMask, these wallets interface with decentralized exchanges such as Uniswap, and can now provide millions of Coinbase wallet users with access to the OMI token. The current and available pairing is ETH/OMI.

ECOMI X Epiko Regal ⭕

The team behind Epiko Regal (and soon the wider EpikoVerse) have been long-time friends of the company, and recently announced they would be integrating the OMI token into their game and NFT platform for purchases and play-to-earn mechanics.

Imbued with augmented reality features, Epiko Regal is a tower defense game that introduces thousand-year-old legends and ancient superheroes of the East to fans around the world through gameplay, digital motion comics, NFTs, and in-app competitions.

The gaming application is just one part of the wider Epiko universe, and OMI token holders will soon be able to use their tokens for a range of benefits and utilities in the Epiko Regal marketplace including purchasing NFTs, accessing in-game items and collectibles, and exclusive access to EPIKO token packages and hero NFTs.

Check out our announcement article and the Epiko Whitepaper for more details, and stay tuned for a community AMA with the Epiko CEO, scheduled for Wednesday, May 18, at 2 PM PDT on ECOMI Twitter Spaces.

Community Updates + Conversations

A number of AMA’s and community conversations took place in April, kicking off Rhys and Taps celebrating their one-year anniversary. If you missed this conversation you can catch up below, discussing the current state of the ecosystem, future development plans, and OMI integrations.

Moreover, in our ongoing efforts to bring you the latest information and ecosystem updates, the VeVe co-founders joined Alex for our April community update video. As a reminder we aim to release a co-founder’s update video monthly, and if that’s not enough you can also join Rhys and Alex in bi-weekly AMA’s on VeVe Twitter spaces.

In case you missed it, VeVe co-founder David Yu joined Elite Comics and Old Rhubarb in March to discuss the new world of Digital Comic NFTs. This interview was made available on the Comics and Crypto Youtube Channel in April, and you can catch it below if you haven’t seen it yet.

We have also recently added a Japanese Language channel in the VeVe discord server, and want to extend a huge welcome and thank you to our Japanese moderators and community members who have helped to make this possible. 🇯🇵

Aside from Japanese, VeVe discord now offers a number of language groups, including French, German, Spanish and Dutch, so jump in and get chatting with the Fam if you’re not already a member!

VeVe Updates

The regulatory landscape surrounding NFTs is constantly evolving, and with the growing interest in this space over the past 12 months, NFTs are receiving increasing focus from regulatory authorities. These regulatory authorities are responsible for administering anti-money laundering (AML) regulations which can apply to virtual assets such as NFTs.

As a result, peer-to-peer Gem transfers (permanent), and peer-to-peer collectible transfers (temporary) have now been disabled within the VeVe app.

Know-your-customer (KYC) procedures will also be introduced in the coming weeks, all of which serve to future proof the business, and create a fairer and more democratic experience for our VeVe collectors.

There were also a few collectible upgrades in April much to everyone’s delight. The Ghostbusters Ecto-1 saw some dynamic lighting added, and the DeLorean Time Machine from Back to the Future is now controllable/driveable in augmented reality! If you’re a fan you can pick up both of these awesome collectible vehicle NFTs in the VeVe Market.

VeVe X AMC Theatres

As many of you would be aware, a recent app update added a ‘promo code’ feature to the VeVe app. This feature is designed to allow fans and collectors to redeem limited edition NFTs on the platform, and opens up a new realm of possibilities for marketing and promotions.

Now, in celebration of the pending release of Jurassic World: Dominion, VeVe has partnered with AMC Theaters to offer collectors a redeemable digital collectible NFT!

Fans can purchase tickets for the double film feature here, giving you access to watch the original Jurassic Park (1993) and be the first to witness Jurassic World: Dominion on June 9th at AMC Theatres.

Artist Spotlight

Matt Gondek

Matt made his first appearance on VeVe in early March with series 1 of Gondek’s Weapons Racks and his premium digital collectible art piece- Failure of Control.

In April, Gondek fans were rewarded as Matt airdropped limited edition collectibles to holders who had completed these sets. Those holding Failure of Control at the time of the snapshot received the secret rare Deadbeat- Melvin- and anyone holding the complete set of Weapon’s Racks also received the secret rare Deadbeats- Dysfunctional Family street print.

As an added bonus the common Deadbeat- Matt- also animates when placed close to the Ultra Rare (black/gold) weapon rack in your VeVe Showrooms!

Patrick Hughes

Patrick Hughes is famed as the inventor of Reverspective art. Reverspectives are three-dimensional paintings that when viewed from the front initially give the impression of viewing a painted flat surface that shows a perspective view.

However, as soon as the viewer moves their head even slightly, the three dimensional surface that supports the perspective view accentuates the depth of the image and accelerates the shifting perspective far more than the brain normally allows.

For the last 25 years Patrick’s 3-D reverspective paintings have been exhibited around the world and featured in many public collections. In late April Patrick released the first ever reverspective art NFTs on VeVe, Crate Expectations and Contemplating Venice.

VeVe Drops

Not a week goes by without some jaw-dropping digital collectible NFT releases on VeVe, and April was no different!

Coca-Cola Creations

In 1985, Coca-Cola was the first soft drink consumed in outer space, when astronauts aboard the Space Shuttle Challenger sipped from the Coca-Cola Space Can. Now, more than 36 years later, the brand is bringing the magic of outer space down to earth for a limited time via the launch of an intergalactic flavor and galaxy of immersive, other-worldly digital experiences.

United States Postal Service

Digital collectible stamp art has quickly become a staple on VeVe, and through the Commemorative Stamp Program issues stamps that honor events, persons, or themes.

On April 10 the USPS commemorated one of the most popular baseball songs of all time with their latest release- Take Me Out to the Ball Game- originally released in 2008 to commemorate the 100th anniversary of the song.

This NFT release also coincided with opening day of the National Postal Museum exhibit: Baseball: America’s Home Run, which opened on April 9th and will remain so until January 5th, 2025

Batman: Black & White — Series 6

DC fans had their prayers answered as series 6 of Batman Black and White hit the shelves (they didn’t last long!). The Batman: Black & White line has proven that something as simple as two colors and one character can inspire almost two decades worth of collectibles. It’s a line that continues to endure and will hold a special place in display cases for Batman fans for many more years to come.

VeVe OG’s will also recognise the original loading screen in the app, which featured the uncommon Doug Mahnke Batman, now flying through VeVe showrooms!

Marvel Studios — Moon Knight

Marvel Studios’ Moon Knight follows Steven Grant, a mild-mannered gift-shop employee, who becomes plagued with blackouts and memories of another life. Steven discovers he has dissociative identity disorder and shares a body with mercenary Marc Spector. As Steven/Marc’s enemies converge upon them, they must navigate their complex identities while thrust into a deadly mystery among the powerful gods of Egypt.

Two separate drops for Marvel Studios’ Moon Knight were released in early April (Moon Knight and Mr. Knight), celebrating Marvel Studio’s new show on Disney+ by the same name. Check them out in our drop article below!

Marvel Digital Comics — Fallen Son: The Death of Captain America 1–5

It’s not often that an entire story arc is released in one go, however Marvel digital comic NFT fans had the chance to collect exactly that- all five issues of Fallen Son: The Death of Captain America!

One issue of the five-story arc was released each day for five consecutive days, complete with five varying cover rarities per comic, and featuring VeVe-Exclusive Rare & Ultra Rare covers.

Beta Testing The Veve Web App

Our beta-testing rollout also kicked off in April for the VeVe web application. Designed to be a mirror of the current phone app with additional features and functionality, the web app opens the VeVe digital collectible experience to a whole new audience!

Beta testing is being rolled out in small batches to begin, and only those who receive an email directly from VeVe (and are therefore whitelisted) will have access to log in to the web app. Please be wary of scam/phishing emails impersonating VeVe.

We’ll post on our socials when the next batch of invites is released, so until then sit tight and enjoy this first look video thanks to Foster Hilt!

Join The Fam!

Want the latest scoop on VeVe updates, news, giveaways, and more?! We have launched a new mailing list sign-up so you don’t miss any announcements coming out of camp VeVe!

If you are already part of our mailing list you do not need to re-join, however if you are brand new to VeVe now is your chance to rejoin the Fam and stay in touch with us. Simply add your details in this form to join, and stay tuned for more great announcements!

Note: This form is only for new subscribers, if you have previously subscribed, please open any VeVe email and follow the “manage preferences” link at the bottom to resubscribe.

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

About ECOMI

ECOMI is the issuer of the OMI token. The OMI token is intended for use in the VeVe digital collectibles ecosystem. With more than 8 million digital collectible NFTs sold since the beginning of 2021, and a range of international brands, artists, and IP partners releasing content through the platform, VeVe is the world’s leading digital collectible platform.

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

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

--

--