1. A thread on @ecomi_ / $omi. With the @chamath news we're entering an NFT hype-cycle and along with $flow, $omi seems the one most primed to achieve mass adoption. It has unique NFT tech, global brands, and the ecosystem is built around the token.

2. Ecomi has 100+ licenses, including @DCComics @warnerbros, big Asian brands, and now the @NFL. Licensing Hall of Famer Alf Kahn handles this side. He wants $omi to be the Netflix of mainstream digital collectibles.

3. The tech is unique - 3D Augmented Reality NFTs. You can superimpose them on real life, record videos or take photographs of them in your environment, and share in-app or on social media.

4. To see what an augmented reality NFT looks like, here is the @BacktotheFuture DeLorean superimposed on some local parking lot. You can see it on your phone or on Apple glasses/VR.

Note that someone has uploaded the clip to instagram. $omi has an inbuilt viral marketing loop.

4. This week the CEO revealed $omi will work with the NFL Players' Association on animated AR NFTs of @NFL players. People will be able to film Tom Brady e.g throwing the ball to their kid in the park, and post it on insta/facebook... This can reach retail in a VERY big way imo.

5. The tokenomics are deflationary, and combine uniswap-type pumpamentals (big buybacks and burns) with an in-app stablecoin bought with fiat ('gems') to make it seamless for mass market users on IoS/Android. But under the hood, everything runs on the native token, $OMI...

7. Tokenomics 101: With each purchase of a new NFT (i) the equivalent in OMI is burned from the in-app reserve (1.5 billion so far), and (ii) 10% of the purchase pays for buybacks from exchanges.

So if I buy a $100 NFT, $100 of $omi is burned and $10 goes to buybacks.

8. Tokenomics 102: With each secondary market purchase, 100% of the fiat payment the company receives for the stablecoin used to buy the NFT goes to buybacks from exchanges, to keep the omi reserve liquid. More simply, 100% of secondary market payments go to buybacks.

9. With 110 bn tokens circulating, at $0.0003 $omi is about a $33m cap. No more tokens released until mid-May, then 150bn over a year. The 350bn in the reserve/vault are for in-app liquidity and will be burned over time, it doesn't make sense to include them in calcs imo.

10. As an investment...

I see $omi at $33m cap, $130m diluted, with unique NFL NFTs incoming, 100+ licenses, and a huge Q1 lined up

I see $flow, with NBA NFTs, at $330m cap, and **$18.4bn** diluted

And I see opportunity.

This is a microcap, relative to where it is headed.

11. ***What interests me most about $omi is the combination of a mass market product with big brands behind it bringing in real-world payments, which feeds into extreme crypto tokenomics. As sales grow, this should do ridiculous things to the price.***

12. LINKS

Tokenomics https://medium.com/ecomi/ve-ve-tokenomics-in-app-funds-and-token-buybacks-7ea8ac1a19c9

Licenses https://medium.com/ecomi/huge-international-licenses-announced-for-ve-ve-d84f747c96ce

@badcrypto interview with the NFL leak (at 34minutes)

Q1 token updates https://medium.com/ecomi/q1-2021-token-updates-82c3bfa4f07a?source=rss----d32cdc149a84---4

Q1 app updates https://medium.com/veve-collectibles/new-features-coming-to-veve-in-q1-2bcfe3d41eb6