1 ETH into OMI (ERC20 Token)

Voting ended about 4 years agoSucceeded

Buy 1 ETH of OMI (ERC20) - 710,000 OMI - Current price: 0.0036452 ○ Market Cap of circulating supply: $959,931,421 USD ○ Circulating Supply: 263,341,221,733 OMI

	○ Total altcoin (all crypto not including BTC) cap is at $967 Billion; recently touched and bounced off reversal zone ending at $859 Billion forming a double bottom
	○ BTC and ETH have also reversed off strong support zones
	○ OMI reversed off strong support at .0028-.0032 on Feb. 23, 2022
	○ Price of OMI is at the bottom of a longer term uptrend
	○ All-time low: .0011
	○ All-time high: .013

- Time Horizon = Medium/Long-Term
- Risk = Moderate

- Why OMI?
	○ OMI is the utility token developed by Ecomi 
	○ Ecomi created the platform VeVe which offers digital collectibles/NFTs 
	○ VeVe has many licenses like Disney, DC, Dreamworks, USPS, 007, Givenchy, Coca-Cola, Back To The Future
	○ Transactions within VeVe are underpinned by the OMI token, which is complemented by a token-burn system based on the sale of NFTs (corresponding OMI tokens are permanently removed from the token supply)
	○ VeVe's OMI reserve wallet must be kept at a certain level to continue to burn the equivalent dollar amount spent per day on the platform
	○ Future plans to be able to stake OMI on their platform for multiple benefits

- Total OMI burned to date: 34,742,238,488
	○ Total spent on platform since inception: $172,027,980 USD


Buy within 0.0032 - .004
Close position earliest within .006 - .009
    Preferred exit range: .009-.012
Exit if price goes under .0025

May the Corp prosper!

References: OMI Token Burns https://docs.google.com/spreadsheets/d/1zt2Om_WtkECcUQf-gjkYSw31XrH4fRGEpE5KiaWszws/edit#gid=0

Main site https://www.ecomi.com/

VeVe Token System & OMI Utility https://medium.com/ecomi/veve-token-system-and-omi-utility-80a915b514eb

Off-Chain Vote

For

42 17%

Against

184 74.5%

Abstain

21 8.5%

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Timeline

Mar 14, 2022Proposal created

Mar 14, 2022Proposal vote started

Mar 18, 2022Proposal vote ended

Oct 26, 2023Proposal updated

○ Total altcoin (all crypto not including BTC) cap is at $967 Billion; recently touched and bounced off reversal zone ending at $859 Billion forming a double bottom ○ BTC and ETH have also reversed off strong support zones ○ OMI reversed off strong support at .0028-.0032 on Feb. 23, 2022 ○ Price of OMI is at the bottom of a longer term uptrend ○ All-time low: .0011 ○ All-time high: .013 - Time Horizon = Medium/Long-Term - Risk = Moderate - Why OMI? ○ OMI is the utility token developed by Ecomi ○ Ecomi created the platform VeVe which offers digital collectibles/NFTs ○ VeVe has many licenses like Disney, DC, Dreamworks, USPS, 007, Givenchy, Coca-Cola, Back To The Future ○ Transactions within VeVe are underpinned by the OMI token, which is complemented by a token-burn system based on the sale of NFTs (corresponding OMI tokens are permanently removed from the token supply) ○ VeVe's OMI reserve wallet must be kept at a certain level to continue to burn the equivalent dollar amount spent per day on the platform ○ Future plans to be able to stake OMI on their platform for multiple benefits - Total OMI burned to date: 34,742,238,488 ○ Total spent on platform since inception: $172,027,980 USD Buy within 0.0032 - .004 Close position earliest within .006 - .009 Preferred exit range: .009-.012 Exit if price goes under .0025 May the Corp prosper!