ECOMI
Crypto Overview
Purpose and Utility
ECOMI (OMI) is the native token of the VeVe digital collectibles platform. The token is designed to facilitate purchases of licensed digital collectibles (NFTs) within the VeVe ecosystem. Users can buy, sell, and trade premium licensed digital collectibles from brands like Marvel, DC Comics, Disney, and others.
Business Model Analysis
The business model centers around providing a marketplace for licensed digital collectibles. The platform generates revenue through initial NFT sales and secondary market fees. The model appears transparent and doesn't involve any inherently prohibited activities like interest-bearing products or gambling.
Real-World Adoption
VeVe has established partnerships with major entertainment brands and has an active user base. The platform has facilitated millions of NFT transactions, showing legitimate utility and adoption of the OMI token within its ecosystem.
Platform Development
The development team maintains regular updates to both the VeVe platform and the OMI token infrastructure. The project has demonstrated consistent development activity since its launch.
Token Distribution
The token distribution includes allocations for the team, company reserves, and public sale participants. While there is a significant portion allocated to the team and company, there are vesting schedules in place to prevent immediate liquidation.
Revenue Model
The revenue model is based on legitimate business activities, primarily the sale of digital collectibles and marketplace fees. The system doesn't rely on interest-bearing mechanisms or prohibited activities.
Crypto Impact
To assign a comfort level investing in ECOMI from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to ECOMI.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.