Glauber Contessoto, known in the crypto community as the “Dogecoin Millionaire”, said in an interview on Sunday (March 6th) that the Singapore-based startup ECOMI’s NFT collection platform VeVe and the NFT platform used in ecomi‘s local yoken OMIHe talked about why he’s “overly optimistic”.
Starting his talk by talking about VeVe’s NFT ecosystem, the investor explained that VeVe is an app-based marketplace for premium licensed digital collectibles, and that VeVe allows its users to acquire, customize and use common, rare or one-of-a-kind digital collectibles fairly easily. He said it allows them to display in virtual showrooms and buy, sell or trade collectibles with other VeVe users.
“And join the world with their favorite fandoms with officially licensed, premium 2D and 3D digital models and artworks from some of the world’s biggest brands including DC, Cartoon Network, General Motors, Givenchy, Warner Brothers, Universal Studios and much more. It offers a new way to interact.”
Known to have Floki Inu (FLOKI) as his biggest investment after Dogecoin (DOGE), Contessoto said that “the most interesting thing in the crypto market right now” is a token powering the network on which VeVe’s non-fungible token ecosystem runs. Ecomi (OMI) said that.
What is Ecomi (OMI)?
VeVe, a blockchain-based digital collectibles marketplace created by Ecomi, a Singapore-based technology company in the digital collectibles space, was created for users to buy and share their collections across the social network service. In a blog post published on June 24, 2021 ecomi, Used on VeVe NFT platform OMI He explains the purpose of the token as follows:
“Transactions on the VeVe digital collectibles platform, complemented by an innovative burn and buyback system based on the sale of NFTs, are powered by the OMI token. The OMI token offers a set of utilities within the ecosystem that will continue to be an integral part of the operation of the application, while maximizing value for token holders through future staking opportunities and a set of additional incentives designed to maximize both utility and scarcity. ”
The token creation event for OMI took place in May 2019 with a total supply cap of 750 billion tokens, and of this 750 million supply, approximately 450 billion will never enter circulation.
Although VeVe was originally backed by GoChain (i.e. OMI was a GO20 token), all VeVe NFTs were migrated to Ethereum on December 14, 2021 thanks to Immutable X. The OMI token was also migrated to Ethereum earlier this month.
OMI REMINDER ⭕️
Now that we have migrated the $OMI token to @ethereum you can no longer send the old GoChain OMI token, and/or layer 1 OMI into the @veve_official app!
Please wait for the token bridge to open before sending tokens to your in-app OMI wallets 🌉
— ECOMI ⭕️ (@ecomi_) March 4, 2022
Who is the ‘Dogecoin Millionaire’?
Glauber Contessoto, who gained popularity as a “Dogecoin Millionaire”, in an interview with CNBC’s “Make It” program in April 2021; On February 5, 2021, after learning of the existence of the meme cryptocurrency on Reddit, he announced that he had invested over $180,000 in Dogecoin while DOGE was trading around 4/5 cents.
Also in this program, Contessoto explained three main reasons why he decided to invest in Dogecoin: (one) Loves the Dogecoin community on Reddit; (2nd) liking the “Shiba Inu” internet meme; and (3) Elon Musk’s Dogecoin advocacy.
Contessoto told CNBC that “because he has no disposable income to buy dogecoins,” he not only used all of his savings, but also sold all the stocks he owned, including shares in Tesla and Uber, and invested in margin by borrowing money from Robinhood through the app. .
Following investor determination and the rise in the crypto market, on April 16, 2021, an article titled “Hey guys I just became a Dogecoin millionaire” was posted on Reddit by Contessoto in the “/r/dogecoin” subreddit:
“On February 5, 2021, I bought about 5 million Dogecoins at about 4 cents. And 69 days later, on April 15, 2021 – I became a millionaire… My plan is, when my investments reach $10 million, I will withdraw 10%… these things will keep growing.”
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.