ECOMI | Project Overview
Hello everyone! I want to tell you about the ECOMI project. Let's start!
The ECOMI Ecosystem is a secure digital economic ecosystem supported by Ecomi Technology Pte. Ltd.. ECOMI aims to bring blockchain technology to the mainstream in one user-friendly platform. It offers the many benefits of decentralization, privacy, and control in the palm of your hands, made possible with our Secure Wallet and ECOMI
One cards. At the core of ECOMI is a desire to create a range of usable and functional products, which will be achieved using a mixture of existing technologies, proprietary tools, and numerous standing partnerships.
The ECOMI Ecosystem is designed to return your right to personal ownership, privacy and control. The ecosystem blueprint includes potentially developing:
● A decentralized application marketplace
● ECOMI Exchange (liquidity provider)
● Personal data, identity protection and storage. Including basic identification, usernames, passwords, credit card information, passports, licenses and more.
● The recording, protection, and sharing of Intellectual property
● A broad variety of P2P exchange platforms including, but not limited to, cryptocurrencies, messaging platforms, social media, encrypted file and data storage.
Token holders may be incentivised to support the network and receive access to products and services within the ECOMI Ecosystem, by staking OMI Tokens, rather than spending tokens. It is possible that participants in the crowdsale who make purchases above a certain amount will be issued a free Secure Wallet, subject to terms and conditions, to trigger mainstream adoption and create liquidity across the ecosystem.
Security is a major proposed feature of the ECOMI Ecosystem, which seeks to ensure private keys remain protected and are less likely to be compromised. This world class security standard will be maintained by storing private keys offline in the ECOMI physical hardware wallets - the Secure Wallet and the ECOMI One. It is envisioned that these two physical hardware wallets can be used in conjunction with DApps and services within the ECOMI Ecosystem, allowing any ECOMI-based product or service to securely store their related private keys in offline storage.
ECOMI intends to release a range of products across a number of areas, including ownership, storage, spending, protection, and privacy. The initial ECOMI product offerings are projected to include:
- Secure Wallet (Completed)
- ECOMI One
- ECOMI App
- ECOMI Vault
- ECOMI Collect
The ECOMI Ecosystem
The OMI Token may be utilized in a variety of ways. To begin, the OMI Token will be used for application and content access throughout the ECOMI Ecosystem.
All DApps, including ECOMI Collect and Vault will be funded by ‘OMI Tokens’ in one of the following ways: cold storage private key staking, one-time payments, per access payment or recurring payments (depending on the DApp being used).
When staking, a certain number of tokens are required to be held in the address (private key) associated with the DApp being used. For example, in the proposed ECOMI Vault system, the user creates an account, and an associated address (private key) within the ECOMI App. They will then have the option to stake OMI Tokens by holding them in the address, granting the user free access to, and use of, the decentralized storage offered by ECOMI Vault.
Staking OMI tokens is used in lieu of the paid subscription option, and provides access to all services offered, free of ongoing costs, simply for holding the minimum required amount of OMI tokens. Conversely, if the tokens were moved out of the address, the user would need to use another payment method, such as a monthly subscription fee, to continue using the service, or, replace the minimum OMI tokens required to regain access. Staking will be available on ECOMI Vault, ECOMI Collect, and many future DApps.
In the future, assets will look in digital form. Because the world is moving in this direction. This project is also moving in this direction, which makes it relevant. Ultimately, the Secure Wallet and ECOMI One strive to be the solution for secure cold storage, data protection, user-friendly interaction and the ability to spend your cryptocurrencies efficiently and cost-effectively.
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