ECOMI began with one token and a promise to make collecting simple. By 2026 the simplicity sat above four different records: OMI, collectible tokens, revocable media licences and internal Gems. Each migration made one of those lines easier to see.
ECOMI sold OMI privately in 2019 after incorporating in Singapore. The later MiCA filing records $4.49 million raised at a $44 million project valuation and a 750-billion historical supply. That valuation described the sale; OMI never became a share in ECOMI or VeVe.
The January 2022 migration created ERC-20 OMI at 0xeD35…1749e. Exchange and in-app balances could be coordinated, while self-custody users had to use the official swap. Roughly 97.96 billion left in GoChain contracts are now reported frozen, showing why a chain migration is an accounting event, not a ticker rename.
On May 8, 2024 ECOMI opened Base OMI at 0x3792…3299 and a bridge. It expressly said Ethereum holders did not have to move. StackR later used Base OMI for collectible settlement and burned part of transaction fees. The bridge must preserve supply across chains; a Base balance is not newly issued economic ownership.
From November 19, 2025 OMI could convert at approximate market value into Gems, but the same change made Gems non-transferable and nonwithdrawable. VeVe became counterparty in its internal market and maintained the Gem register. A dollar display became a unit of app purchasing power, not money held for redemption.
VeVe completed its collectible migration from Immutable X to Collect Chain on April 1, 2026. That changed the blockchain record beneath each collectible without relocating OMI from Ethereum and Base. StackR links the systems through accounts and transactions, which is integration rather than one shared ledger.
The 2025 filing reconciles a 750-billion origin with a maximum active float of 310,882,499,574. It classifies 341,155,991,726 as burned and 97,961,508,700 as frozen. Business-development wallets may still add 39,930,854,627 to circulation, while StackR burns can reduce it. Neither path promises price support.
VeVe buyers receive the token and a personal, non-commercial, revocable licence while licensors retain IP. OMI holders receive even less product ownership: possible MCP points, StackR use and future benefits subject to company policy. They receive no vote over the sole director, no copyright, profit share, refund or claim on treasury tokens.
The Singapore company that issues OMI is registered.
ECOMI raises $4.49 million and launches the first token rail.
GoChain OMI and wOMI enter the official ERC-20 swap process.
An optional bridge adds a lower-cost second active chain.
VeVe-connected collectibles can trade for OMI on Base.
Conversion launches as Gems become internal and nonwithdrawable.
VeVe's NFT ledger moves while OMI remains on Ethereum and Base.
Last evidence review: 2026-09-05
ECOMI Technology Pte. Ltd., incorporated in Singapore on May 2, 2018, is the OMI issuer. Orbis Blockchain Technologies Limited operates VeVe, the licensed-digital-collectibles app. OMI began on GoChain in 2019, migrated to Ethereum from January 28, 2022, and gained a Base deployment on May 8, 2024. The canonical Ethereum contract is `0xeD35af169aF46a02eE13b9d79Eb57d6D68C1749e`; Base uses `0x3792DBDD07e87413247DF995e692806aa13D3299`.
OMI is a fungible token. A VeVe collectible is a separate blockchain token plus a limited licence to view and use licensed art. A Gem is an entry in VeVe's internal register, not a cryptoasset. These three records can interact through VeVe and StackR, but ownership of one does not become ownership of the others.
VeVe made licensed collecting feel like a mobile store rather than a crypto wallet. That convenience also placed several ledgers behind one interface: OMI balances on public chains, collectible tokens on a collection chain, IP licences governed by VeVe terms, and Gems maintained in VeVe's private register.
The migrations expose the boundary. GoChain OMI did not automatically become ERC-20 in every self-custody wallet; holders needed the official swap. Base was an optional bridge, not a replacement of Ethereum OMI. VeVe later moved collectibles from Immutable X to Collect Chain without moving the OMI contract there. A product update can therefore change where a collectible lives or how a benefit works without changing the Ethereum token balance.
Ethereum and Base secure OMI transfers; OMI has no validator or protocol-level staking system of its own. VeVe's MCP awards points for eligible OMI holdings, while ECOMI's MiCA paper says eligibility tiers and benefits may be changed, suspended or removed. StackR uses Base and accepts OMI for VeVe-connected collectible trades. From November 19, 2025 it also converts OMI at an approximate market USD rate into Gems. The conversion is one-way into VeVe's product terms: Gems are non-transferable, non-withdrawable, carry no interest and do not represent money in a bank account.
The maximum historical issuance is 750 billion OMI. The issuer's 2025 filing states only 310,882,499,574 can enter active circulation: 270,951,644,947 already unlocked plus 39,930,854,627 in two business-development buckets. It reports 341,155,991,726 burned and 97,961,508,700 frozen in GoChain contracts, with all vesting completed by April 2022 and no new minting. StackR transaction fees can fund licensor payments and burn a percentage, but StackR retains discretion to sell collected OMI for USD royalties. A burn reduces supply; it does not distribute revenue.
VeVe's current terms make VeVe counterparty to in-app secondary trades. Buyers own the collectible token and receive a personal, non-commercial, revocable licence to the associated digital property; they do not acquire copyright or unrestricted commercial rights. ECOMI's filing also denies OMI holders equity, profit participation, governance, claims on assets or IP, refunds and value protection. ECOMI reports a single director and an October 2025 business-development treasury of about 16.3 billion OMI in a Gnosis Safe; public sources reviewed do not map every contract administrator, bridge signer or policy approval to named signers.
The current canonical addresses are Ethereum 0xeD35…1749e and Base 0x3792…3299. Old GoChain OMI is a legacy token and did not become ERC-20 merely by remaining in a wallet.
OMI used Immutable X for earlier VeVe utility and now trades on Ethereum and Base. VeVe collectibles, a different asset class, completed their move to Collect Chain in April 2026.
On StackR, OMI can buy and sell VeVe-connected collectibles. OMI can also be converted at an approximate market rate into Gems for the VeVe Store or Market.
Current Gems are non-transferable and nonwithdrawable under VeVe's November 2025 terms. The terms give an in-app one-Gem-to-one-dollar equivalence, not a fiat account or redemption promise.
No protocol-level staking yield is documented. Eligible balances can receive MCP points or platform benefits whose tiers and availability are controlled by ECOMI and VeVe.
No. The buyer owns the associated token and receives a limited, personal, non-commercial, revocable licence to use the digital property under VeVe's terms.
ECOMI issues OMI and VeVe/StackR administer utility programs. The filing discloses a single director and multisig treasury but not a complete current map of every bridge, contract and policy signer.
The historical cap is 750 billion, but the 2025 filing says only 310,882,499,574 can ever enter active circulation because large amounts were burned or frozen on GoChain.
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