Partner Spotlight: ECOMI to launch their GO-20 Token on BitForex IEO
OMI will be offered to registered investors on BitForex on May 12th, 2019
On May 12, 2019, ECOMI Collect will launch its utility token, OMI, through an Initial Exchange Offering (IEO) on BitForex. BitForex’s platform will not only ensure proper KYC procedures, maximum scalability, and security, but will also provide an immediate exchange listing for the token.
The ECOMI IEO will be the first opportunity for the general public to participate in the ECOMI digital collectibles ecosystem which offers non-fungible digital collectibles from global premium brands. You can read more about ECOMI on GoChain here.
What is an Initial Exchange Offering (IEO)?
In short an Initial Exchange Offering is a token sale that is handled on an exchange platform on behalf of the company raising funds. The sale is only available to the exchange’s registered users. Some of the first ever IEOs gained major coverage by media outlets including BitTorrent’s token sale on Binance’s Launchpad.
- Host — BitForex
- Opening Date/Time — May 5th, 2019 at 21:00 GMT+8
- Symbol — OMI
- Blockchain Type — GoChain (GO-20)
- Role of Token — Utility
- Price per Token: 1 Satoshi (approximately $0.000055)
- Public Sale Hard Cap: 1500 BTC
- BitForex Subscription Amount: 10,000,000,000 OMI (100 BTC)
- Total Token Supply — 750,000,000,000
- Circulating Supply — 150,000,000,000 OMI
- Maximum Discounts/Bonuses Offered — 0% (There were no discounts for private investors)
- Country participation rules — Users from the United States of America, Socialist Republic of Vietnam, People’s Republic of China, Singapore, or resident of a country where American embargoes and sanctions are in force, namely Iran, North Korea, Syria, Sudan, or Cuba are not allowed to participate the OMI token sale.
ECOMI’s mission is to create the world’s best platform to purchase, trade and collect premium licensed digital collectibles. With user friendly products and applications, ECOMI delivers the freedom to secure and control your digital assets, data, and cryptocurrencies from one user-friendly interface.
GoChain has built the world’s only full-service, enterprise grade public blockchain protocol based on an industry standard codebase. It is the only network protocol that offers Enterprise level support, high transaction speeds, and upgradeable smart contracts. GoChain allows any current projects struggling with scale to ‘lift and shift’ from inefficient protocols and immediately be 10x decentralized, 100x faster, 1000x greener, while being at least 7500x cheaper.
You can learn more about GoChain here.
ECOMI is offering the OMI utility token under the laws of Singapore. Investments in cryptocurrencies and utility tokens involve a high degree of risk and those investors who cannot afford to lose their entire investment should not invest. This profile contains offering materials prepared solely by ECOMI without the assistance of GoChain. Investors should review the risks and disclosures in the offering’s investment documentation. Before making an investment decision, investors should review the company’s Whitepaper and Slide Deck for a complete description of its business and offering information, a copy of which may be found on the offering site.
The material contained in this article is not to be regarded as an recommendation to buy or sell or the solicitation of any offer to buy or sell securities in any jurisdiction where such an offer or solicitation is against the law, or to anyone to whom it is unlawful to make such an offer or solicitation, or if the person making the offer or solicitation is not qualified to do so. The information on this document does not constitute legal, tax, or investment advice. You must not, therefore, rely on the content of this document when making any investment decisions.