Professional Documents
Culture Documents
Ecomi
Ecomi
What is ECOMI 3
Problem Overview 5
ECOMI Ecosystem 6
Security 7
Security Element 7
Product/Offering Summary 12
Proposed Roadmap 31
Token Utility 33
ECOMI Team 40
ECOMI aims to address current security issues associated with the use of applications developed on blockchains and
cryptocurrency, through the Secure Wallet, and ECOMI One (physical hardware). If private keys are not stored offline,
they are potentially exposed to greater risks. Since the beginning of cryptocurrency, billions of dollars have been lost
to hackers and theft, and the most secure and practical solution thus far is to store your cryptocurrency / private
keys, and decentralized applications (DApps) access on an offline device, such as a cold-storage hardware wallet.
The economic aspect of the ECOMI Ecosystem consists of creating a digital finance management platform allowing
users to spend fiat, cryptocurrencies, and OMI Tokens (the native ECOMI Ecosystem token), anywhere around the
world. The 2nd generation of the Secure Wallet, the ECOMI One, aims to offer P2P exchange of digital assets, lower
transaction costs, increased speed of payment, and overcome international payment boundaries.
The ‘digital ecosystem’ refers to apps and services that reside in the ECOMI Ecosystem and within the functions of
the Secure Wallet and ECOMI One device. These DApps and services will be created by ECOMI initially, and eventually
any user who wishes to launch their own app, or business, in the ECOMI Ecosystem. The ecosystem will offer the
opportunity for anyone to participate, and benefit from the development and growth of the ecosystem, and enjoy
the many benefits of cryptocurrency, blockchain technology, privacy and control.
The scope of the ECOMI Ecosystem is potentially wide and it can be achieved by establishing a range of partnerships
with established leaders across multiple industries. This will provide a technological baseline on which ECOMI’s
products and services may be built, thus streamlining many areas of the technological development. ECOMI intends
to utilise these partnerships, and integrate them with the ECOMI Ecosystem’s vision, to bring to life an amazing range
of products and services.
As the uptake of the ECOMI Ecosystem increases over time, it is expected that the ECOMI Ecosystem’s network value
and utility will also increase, based on Metcalfe’s Law and Social Theory. This, in turn, is likely to help fuel further
expansion and developments within the wider ECOMI Ecosystem.
Metcalfe’s law in action - Two telephones can make only one connection, five
can make 10 connections, and twelve can make 66 connections, etc
In a fully decentralized environment, such as blockchain, single points of failure are non-existent. When accessing
information you own, only your authorization can obtain the requested information. This is extremely powerful when
protecting data, assets, and personal information.
Smart contracts, the 2nd generation of blockchain, allow developers to write their own programs that are hosted on
the Ethereum Virtual Machine (EVM), or other similar blockchains. The use of smart contracts in turn brought DApps
to the world, and removed the need for centralized hosting of applications.
2017 was a record year for cryptocurrency growth, but also one where billions in cryptocurrencies were locked up or
stolen. One of many such examples was the theft of $534.8 million worth of NEM coins held in a ‘hot’ wallet of
Coincheck, a Japanese cryptocurrency exchange, in January 2018. This illustrates the need for proper security
measures when protecting cryptocurrencies and private keys.
Private keys, and the Bitcoin network for example, are extremely secure. To compromise the Bitcoin network, you
would need to process one trillion private keys per second, which would take more than one million times the age of
the universe, and more so, just enumerating these keys would consume more than the total energy output of the
sun for 32 years. This vast keyspace plays a fundamental role in securing Bitcoin, and other cryptocurrency networks.
However, it can be very easy to lose the assets your private keys protect if you don't take the correct measures to
protect your private keys. For example, there is the story of a Bloomberg anchor who displayed his Bitcoin gift card
during a television broadcast and got robbed almost immediately by an astute and nefarious viewer.
Another issue affecting mainstream adoption of cryptocurrencies is the inability to quickly and conveniently convert
cryptocurrencies into fiat money (i.e. USD, EUR, etc). This makes it difficult for individuals to actualize their
cryptocurrencies in the ‘real world’. While some exchange platforms are available, most are lacking in security and
can be challenging and complicated to use, making them inaccessible for the masses. ECOMI aims to solve this issue
with the ECOMI One, its second product release, which will allow users to store and spend a large number of
cryptocurrencies anywhere in the world, with little limitation.
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.
The ECOMI Ecosystem will have a second layer of security unlike any other ecosystem in blockchain. With the use of
the Secure Wallet, and ECOMI One, all private keys created for both cryptocurrency and decentralized apps will be
held offline. This in turn creates an ‘air-gapped’ security level, which improves security as compared to other physical
hardware wallets. Moreover, as the products develop, ECOMI plans to implement biometrics into both ECOMI cards
to offer an even higher level of security.
The ECOMI Ecosystem is designed to return your right to personal ownership, privacy and control. The ecosystem
blueprint includes potentially developing:
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.
According to international security guidelines and specifications, the Secure Wallet, is certified CC EAL5 +, the highest
security standard for government level deployments. Private keys stay safe inside the secure hardware element in
each wallet, and solid security design provides a high level of protection.
The Secure Wallet will have a number of security features to protect private keys which include: Secure element, host
registration, host login, security channel, hierarchical deterministic wallet, secure firmware updates, and security
protocols which are outlined in detail below:
Security Element
Secure Wallet adopts the NXP Smart MXTM secure element (SE), which has the following features:
For example, the bitcoin ECDSA algorithm with parameter secp256k1 is implemented in the SE, so the SE can
calculate the signature with the ECC private keys stored inside.
Host Registration
Since the Secure Wallet only supports the BLE (NFC) interface for communication, it needs a host (Android or Apple
smartphone, and soon a desktop computer) to sync with the cryptocurrency networks and ECOMI DApps.
Host Login
When a registered host device wants to login to the Secure Wallet, it calculates its own device key by sourcing the
UUID stored in the host. The login process is a challenge-response mechanism preventing any man-in-the-middle
attack. After successful verification, the Secure Wallet card grants the host device access to the wallet.
Security Channel
The communication between the host and the Secure Wallet is encrypted by a session encryption key, and some
data needs additional HMAC-SHA256 protection. The encryption key and MAC (Message Authentication Code) key
are derived from the login challenge, device key mentioned above, and different derive strings. The KDF (key
derivation function) used here is SHA256.
Firmware Updates
It is possible to update the secure element firmware over-the-air (OTA). The new firmware is encrypted by a loader
key and can be delivered through the network. The App can directly install the encrypted firmware to the Secure
Wallet. The loader of Secure Wallet will decrypt and verify the firmware using the loader key and install the new
firmware after the validation occurs.
During the setup of the Secure Wallet, a ‘Recovery Seed’ is generated within the app, as outlined in the Hierarchical
Deterministic Wallet explanation above. When the seed is generated, the user should write this in the ‘Recovery Card’
supplied with the Secure Wallet and store it in a very safe place. In the event that the Secure Wallet is lost or stolen,
the user can purchase a replacement Secure Wallet, pair it with the host device, and enter the Recovery Seed from
the Recovery Card to restore their private keys. In the future, ECOMI plans to make use of biometric technologies to
make the process simpler and more secure.
ECOMI intends to obtain the necessary licensing rights to use the Secure Wallet, ECOMI One and ECOMI App for the
ECOMI Ecosystem. Starting with these five core products, ECOMI intends to build a wider range of offerings. While
not outlined in this whitepaper, ECOMI plans to explore various opportunities that are likely to arise from our
strategic partnerships and acquisitions.
Interaction with the Secure Wallet is made via the ECOMI App. This
comfortable and familiar use of app technology makes the Secure Wallet one
of the most user-friendly hardware devices available. By using the ECOMI App,
owners of the Secure Wallet are given:
● Control over the seamless transfer of private keys in and out of the device.
● Safe and secure storage.
● The ability to create up to 5 individual wallets per cryptocurrency.
● The Secure Wallet will launch with the capacity to securely store five cryptocurrencies - Bitcoin, Ethereum,
Litecoin, Bitcoin Cash and Ripple. The Secure Wallet aims to support 30+ currencies by the end of 2018.
Security
The Secure Wallet is designed to be hack-proof, and safe from malicious attacks. For a complete overview of the
Secure Wallet security, please refer to the ‘Security’ section in this document.
Production
The Secure Wallet is produced in partnership with the world's leading bluetooth hardware wallet provider. Every
single Secure Wallet goes through a stringent Quality & Assurance process and is thoroughly tested, thus ensuring
each Secure Wallet is of a high quality.
Compliance
The Secure Wallet has obtained the following compliance certifications:
Market Comparison:
Secure Wallet Trezor Nano Keep Key
Portable Yes No No No
Wireless Yes No No No
Today, options are limited when it comes to using cryptocurrency to pay for your morning coffee, newspaper, or
utility bills. However, with the growth of cryptocurrencies, the demand to spend these in the real world is growing. Of
course, a cryptocurrency owner could in theory make an exchange of cryptocurrency on an exchange, wait for
confirmation to be completed, then wait for the transfer of funds to their nominated traditional bank account and so
on, but who has the time to do that for a cup of coffee?
ECOMI One solves this problem by offering a consolidated all-in-one wallet with the capability to hold fiat,
cryptocurrency, all NFC-enabled credit, debit, and loyalty cards in ‘One’ place. ECOMI One card holders can spend
fiat and cryptocurrencies, using contactless methods, with the integrated debit card, accepted where all major debit
cards are accepted.
The in-wallet exchange creates the potential for cryptocurrencies to be exchanged for fiat currencies, either directly
within the app or automatically at the point of sale. ECOMI One is envisioned to be a truly global card allowing you to
spend both your fiat currency, and cryptocurrency, anywhere in the world.
ECOMI One will be a constantly evolving piece of technology, which aims to offer a growing suite of tools for everyday
use, and will be an integral part of the ECOMI Ecosystem.
The ECOMI Exchange is a mechanism which aims to simplify the use of cryptocurrency by allowing ECOMI One card
holders to spend their cryptocurrency the same way as a regular credit or debit card. At the time of transaction,
merchants will receive local fiat currency (USD, GBP, EUR) as one would with standard bank-issued credit or debit
cards.
Prior to spending cryptocurrency from the ECOMI One platform, users will have the option of setting the default
cryptocurrency for fiat purchases from within the ECOMI App. In addition, users will also have the option of
converting cryptocurrency into fiat at any time, to be stored on ECOMI One for later use.
To ensure the ECOMI One remains fully compliant, all ECOMI One users must apply to use the ECOMI One using our
prescribed KYC (Know Your Customer) procedures.
Fintech:
Ward Stirrat, Founder and CMO of Coinpayments, and ECOMI Board Member, will be working closely with the ECOMI
One team to integrate numerous cryptocurrencies and fiat payment options.
Initially, ECOMI intends to obtain the necessary licensing rights to develop apps and create guidelines for
development within the ECOMI Ecosystem. Soon after, the ECOMI Ecosystem will be open to any developer who
wishes to either build an app the community has voted for, or to create an app of his or her own.
Users can access the products and services within the ECOMI Ecosystem using the ECOMI desktop and mobile apps,
as well as browser extensions for certain features.
The ECOMI App interface design is a working concept and may be subject to change.
Both the Secure Wallet and ECOMI One are NFC-activated. By utilising the
ECOMI App, users will have the ability to load multiple credit cards, gym passes,
travel cards, NFC locks, hotel room keys and any other NFC operated device.
DApp Marketplace
As our range of apps and services grows, ECOMI aims to eventually provide
an app store similar to Apple and Google Play, allowing users to browse for
new apps and services in the ECOMI Ecosystem, or even submit their own.
The ECOMI App is also projected to include a physical asset exchange
marketplace, similar to Ebay or Amazon, all processed by the ECOMI
escrow.
ECOMI plans to use a portion of the long-term initiatives fund to fuel the
community driven DApp incentives. This will allow other community
members to build DApps for the market place which will share similar
security protocols, such as access and information stored offline in the
Secure Wallet and ECOMI One. In turn, ECOMI aims to attract skilled and
talented DApp creators to join and contribute to the ecosystem.
ECOMI Vault protects your data. This includes, but is not limited to, all forms of intellectual property, like music,
literature, specifications of revolutionary new technology, and personal data such as credit cards, usernames, and
passwords. Using a combination of distributed ledger technology and offline private key storage (Secure Wallet or
ECOMI One), ECOMI Vault aims to offer maximum level of protection for personal and commercial data.
How It Works
ECOMI Vault is a software-as-a-service (SAAS) solution. The user interface is similar to common data storage services
such as Google Drive or Dropbox, whereby users can upload files to their Vault, create folders, and organise their
data. To keep data further organised, within the Vault there are specific sections for different types of data such as
passwords, credit cards, files, and more.
When data is added to ECOMI Vault, each entry will be verified and time stamped with activities concerning the said
file stored within. This includes when the file was added, viewed, updated, accessed, shared, and more. This activity is
recorded in the immutable distributed ledger technology that underlies the ECOMI Vault.
Another unique point of difference for the ECOMI Vault is the requirement for the use of private keys, which are
stored on the Secure Wallet or ECOMI One physical hardware wallets, to access the data stored in the decentralized
distributed ledger. The Secure Wallet and ECOMI One physical hardware provides an option for users who desire
extra levels of protection for sensitive or commercial data.
Protecting private keys offline with the Secure Wallet or ECOMI One will provide a high level of protection for
encrypted data. Read more about the proposed security measures of the ECOMI physical hardware wallets in the
‘Security’ section of this document.
Sharing
Sensitive personal or commercial information are frequently shared in dealings today. The common way this is
achieved is by sending data directly (e.g. email), or sharing read-only versions. However, these measures do little to
From within ECOMI Vault, the data owner can choose to share data with chosen recipients. To do this, the data
owner will choose the data they want to share, then create a smart contract in a few simple steps using the built in
smart contract builder, which can create very simple agreements or more comprehensive commercial grade
contracts.
Once the smart contract is created, the data owner can send an invite to the recipient (via an email generated from
ECOMI Vault). The recipient can then view, and if they agree and sign the smart contract, they will gain access to the
shared data. Once the smart contract is in place, all activity relating to the shared data and the recipient is recorded
in the ECOMI Vault distributed ledger. This provides the data owners with a level of confidence.
The overall goal with ECOMI Vault is to provide an end-to-end solution which allows individuals, and commercial
organisations, an easier and more cost-effective way to protect and share data, minimise costly and cumbersome
legal steps, and overcome the limited features of current storage options.
Access
ECOMI Vault will be designed to be accessible at any time through one of ECOMI’s cross-platform applications
including the mobile app, desktop app, Windows / Mac desktop client, or browser extension.
The ECOMI Vault Desktop Client strives to offer continuous data protection. By installing the desktop client, the user
can install an ‘ECOMI drive’ on their computer. Using this drive, the user can access all files they have permission to.
This works in the same manner as the conventional search functions on operating systems of today. If the user
accesses a file through the drive that requires approval via the Secure Wallet or ECOMI One physical hardware
wallets, they will be prompted to press the physical confirmation button before the file can be interacted with.
Payment
ECOMI Vault will use private key staking. That is to say, any user who owns OMI Tokens can add OMI tokens to the
DApp private key and gain access without having to pay an additional fee. If they do not hold OMI tokens, there will
also be options for annual or monthly fees, payable by credit card or cryptocurrency.
Advisory
Intellectual Property:
Paul Adams, Founder and CEO of Everridge IP, a global intangible asset specialists company, whose clientele include
Coca Cola, Comcast, Siemens and other global organisations, sits on the ECOMI advisory board. Paul's 20+ years
expertise in intellectual property will help to ensure ECOMI Vault is a comprehensive solution for IP and data
protection.
Technology
IPFS - InterPlanetary File System (IPFS) is a protocol and network designed to create a content-addressable,
peer-to-peer method of storing and sharing hypermedia in a distributed file system.
Bigchaindb - BigchainDB is a scalable blockchain database. It’s designed to merge the best of two worlds: the
“traditional” distributed database world and the “traditional” blockchain world.
Siacoin - A decentralized storage platform secured by blockchain technology. The Sia Storage Platform leverages
underutilized hard drive capacity around the world, encrypts and distributes your files across a decentralized
network.
Individual Example 2:
● Jeff is purchasing a laptop online
● Once he reaches checkout, the ECOMI Vault app prompts him to auto populate his details
● (Optional) he is prompted by his ECOMI Secure Wallet or ECOMI One to physically confirm the transaction
● His full name, address and credit cards details are retrieved from the decentralized database via ECOMI
Vault and populates the checkout
● He completes his order knowing his personal information remains safe.
Commercial Example 1:
● A design firm creates a product that needs to be manufactured in China.
● The design firm needs to legally and securely protect their Intellectual Property (IP) before transmission.
● The design firm creates an account on ECOMI Vault and uploads their IP data.
Cryptographically Stored
Yes No No No No No
Biometrics
Cryptographically Verified
Yes No No No No No
Activity Records
ECOMI intends to obtain the necessary licensing rights to collectables in the form of a ‘Non Fungible Token’ (NFT) -
essentially a digital asset that has a verified owner – and offer them through ECOMI Collect. These NFT’s represent
unique collectable items, such as rare cards or characters, that exist in the digital space, and each can be traced to a
verified owner.
Problem: Despite massive revenues, many of the digital collectables that have entered the market are unknown,
non-licensed digital products. In addition, the user interfaces to purchase / collect these first-generation digital
collectibles may have been created for users familiar with the crypto-space, and as such, may have hindered broader
adoption.
Solution: W
ith ECOMI Collect, users can browse a wide range of high quality licensed, digital products, in an easy to
use and well-designed app. Crypto-collectables can be easily purchased, and then securely stored on the Secure
Wallet or ECOMI One. Once purchased, collectable owners can view, trade, or augment their digital collectables from
within ECOMI Collect.
People within the ECOMI team, board, and advisors have more than 20+
years in licensing games and collectables and will use these connections
to bring ECOMI Collect to life.
→ Watch the AR Demo Video
● People have an innate desire to own things that are scarce, and desired by others.
● The technology employed by ECOMI allows for the creation of these scarce, digital assets.
● Massive untapped global liquidity pool for digital collectable purchases.
● A ledger that maintains immutable ownership of Non-Fungible-Tokens.
● Peer-to-peer transfer of digital collectables between owners without an intermediary e.g. broker.
● Proven scarcity: NFTs can be programmed to ‘only create 100’, or whatever value is desired.
● Opportunity for license holders to break into a huge emerging market with quality digital assets.
● ECOMI Collectables are 100% unique, cannot be replicated, re-created or destroyed.
● Ownership, history, and usage rights are recorded and easily tracked.
Crypto-Collectables
In the crypto collectables space, there are many variations for product offerings that can be created, starting with the
collectable itself, and then numerous add-ons such as props, animations, scenes, and more.
Collectable Offerings:
● 2D collectables with AR (Augmented Reality) function
● 3D collectables with AR function
● 2D/3D collectables with AR function and single animation cycle e.g. walk, run, etc
● 2D/3D collectables with AR function and multiple animation cycles e.g. walk, stop, run, etc
● 2D/3D collectables with AR function that are poseable
● 2D/3D collectables with AR function in small scene
Add-ons
● Items for 2D/3D collectables
● Scenes for 2D/3D collectables
● Props for collectable scenes
● Animation sequences for scenes e.g. walk a character around
● Worlds or larger environments collectables can navigate through
Tools
● Scene builders
● Collectables mods (add new props / items / posable)
● ‘Photo’ feature to share with friends and on social
Gameplay
● Interaction between multiple players with built in gameplay
● Roleplay or turn-based interactions
● Multiplayer capabilities / MMORPGs
Distribution
All ECOMI Collectables will be purchased, sold, and traded through the ECOMI Collect App. On the secondary market,
users can exchange or transfer collectables peer to peer in the ECOMI Collect marketplace.
Counterfeit Protection
A key advantage of crypto collectables is that each collectable is a uniquely generated asset and cannot be
duplicated. Each digital asset is recorded in the blockchain, which is impossible to manipulate, and ties ownership
directly to the verified owner.
Security
ECOMI provides a highly secure hardware wallet, which keeps digital assets safe from cyber criminals. The Secure
Wallet securely stores the ‘private keys’ that hold access to digital assets, such as Crypto collectables. The security
employed by the Secure Wallet is CC EAL5+, the same standards used for government-level deployments. Crypto
collectable owners are further protected by the robust loss prevention built-in to the Secure Wallet. If a Secure
Wallet is lost, the digital asset (private keys) held within remain securely protected. To restore access to the digital
assets / crypto-digital collectables, the owner simply purchases a replacement Secure Wallet, enters their ‘recovery
phrase’ (generated when the Secure Wallet is set up) and their digital assets are immediately restored.
The ECOMI Collect app interface design is a working concept and may be subject to change. All images, illustration, logos and artwork are
copyright ©TOKIDOKI, LLC. Designed by Simone Legno. All Rights Reserved.
tokidoki is an internationally recognized and iconic lifestyle brand based on the vision of Italian artist Simone Legno
and his partners, serial entrepreneurs Pooneh Mohajer and Ivan Arnold. Since debuting in 2005, tokidoki has
amassed a cult-like following for its larger–than-life characters and emerged as a sought-after global brand. tokidoki
offers and extensive range of products which include apparel, handbags, cosmetics, accessories, toys and more. As
an innovative company, tokidoki is known not only for its eye popping aesthetic partnerships with the likes of iconic
brands such as Hello Kitty, Karl Largerfeld. LeSportsac, Barbie, Onitsuka Tiger, Sephora, Marvel and others. The
tokidoki universe contains a diverse array of character across several character families, each one with its own
unique story. Learn more at tokidoki.
2018
Q1 Q2 Q3 Q4
Seed funding round closes Share acquisition of manufacturer Secure Wallet TGE reward dispatchment ECOMI One physical prototype
Smart Wallet product completed Token Crowdsale Conclusion ECOMI One R&D Completion Secure Wallet 10 more currencies
ECOMI Token Private Sale ECOMI team expansion Secure Wallet 10 more currencies ECOMI Vault MVP
White Paper completed ECOMI Collect scope completion ECOMI App v1 release ECOMI Collect beta release
ECOMI Collect 3 x license secured ECOMI App scope completion ECOMI Collect MVP Secure Wallet Wholesale distribution
ECOMI Vault scope completion ECOMI Collect 6 x licenses secured ECOMI Collect AR release
2019
Q1 Q2 Q3 Q4
ECOMI Collect public release ECOMI One public launch ECOMI Collect Gaming MVP ECOMI Collect Gaming release
Secure Wallet - 10 more currencies ECOMI Vault public release ECOMI Collect 15 x licenses secured Secure Wallet - 10 more currencies
ECOMI App v2 release ECOMI Collect public release ECOMI One Wholesale distribution
The purchase of tokens during the TGE allows purchasers to obtain OMI tokens at a fixed price. In future, users who
have no tokens will have to buy OMI tokens from existing token holders in order to use products and services in the
ECOMI Ecosystem.
HARDCAP $22,125,000.00
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.
Depending on the amount of OMI held, and length of time they are held for, collectors will be able to ‘rank up’ to
master collector status, where they will also be rewarded with the opportunity to:
● Earn a higher % of the exchange/rental fee for providing network support. For example, once ECOMI
Collect has been established, master collectors will govern all user submissions, and earn a
commission for their work.
● Manage arbitration and escrow between parties, to facilitate sale and rentals of digital collectibles
and artworks. This will use OMI tokens as the security deposit, and Master Collectors will also receive
commission for their participation.
There will be also be other ways to increase your collector ranking including social activities, competitions and
collector achievements.
OMI Tokens may be acquired directly from ECOMI during the crowdsale and after from cryptocurrency exchanges or
via fiat purchase.
Purchasers who buy more than the below allocations may receive a FREE Secure
Sales Bonus: Wallet**:
- Purchase 10,000 ($500) OMI during the Crowdsale
Accepted Nationalities: All nationalities, except residents or citizens of: 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. More information in our Terms of Token Sale.
* we will publish the exact ETH amounts a few days prior to the token sale
** Limited to one per verified, accepted purchaser and subject to other terms and conditions
Unsold Tokens: In the event, the hard cap is achieved before all tokens are sold or In the event, that the hard cap is
not achieved but the soft cap is, the remaining tokens will be subject to redistribution. The redistribution will take
place over 12 months.
It is contemplated that the OMI Token supply will be allocated in following possible ways:
2% for Advisory
Tokens will be stored on a MultiSig wallet with a 12-month vesting schedule with 3 equal portions to vest. The first
allocation will be vested the day after the End Date of the Crowdsale, and the subsequent two allocations in 6 and 12
months, respectively. This ensures key relationships are developed for innovation and adoption.
2% for Bounty
Tokens will be stored on a MultiSig wallet with a 12-month vesting schedule to support marketing efforts and
increase market penetration. The first allocation will be vested the day after the successful completion of the
crowdsale campaign, and the subsequent at 12 months.
● 65% Product, Platform & Business development: blockchain, web, software & licenses
● 15% Marketing & Business & Sales
● 15% Operational Expenses: Admin / HR / other staff, rent, utilities
● 5% Legal and Auditing expenses
CROWD SALE
● Proposed Start Date: 30th June 2018 (00:00 NZDT)
● End Date: upon sale of 500,000,000 OMI tokens, or upon reaching the hard cap ($22,125,000), or on the
30th September 2018.
It is planned that Token distribution will commence within 7 days of the End Date of the Crowd Sale, unless
otherwise governed by vesting periods.
Founding Team
David Yu - CEO
David is an Auckland-based company director and founder of G
ames R Us Ltd at the age of 17. David's early
achievements to date include 21 years in the retail industry and working with intellectual property transforming
licenses into brands. David’s business extended into global projects with Retail Management Group Ltd, launching
brands over several continents setting up international offices and distribution centres for electronics, skincare, food
and beverage products. Both businesses have earned him Finalist in the Ernst & Young Entrepreneur of the Year in
2004 and 2008, the 2016 Australia New Zealand Chamber of Commerce award, and Taipei Young Entrepreneur of
the year. Equally as prestigious, David’s company was ranked 12th in 2014 “Deloitte Fast 50 growing companies“.
Paul Martin - E
x Vice President Merrill Lynch Singapore / London
After graduating from Oxford, Paul worked in the investment banking industry with Citibank in London, and Merrill
Lynch in London and Singapore, primarily as a proprietary trader, and designer of automated trading systems -
before moving to NZ. He has since been involved in private equity, government sponsored research, capital raising,
media sponsorship and financing, charitable fundraising and the provision of governance and advisory services;
typically related to problem solving, strategy development or restructuring, as well as private investment. He
currently advising on, or involved in various cryptocurrency and blockchain initiatives.
The publication, distribution or dissemination of this Whitepaper does not imply that the applicable laws, regulatory
requirements or rules have been complied with. This Whitepaper is not an advertisement, nor is it intended to be
used to call for an offer on behalf of ECOMI. Persons to whom a copy of this Whitepaper has been distributed or
disseminated, provided access to or who otherwise have the Whitepaper in their possession shall not circulate it to
any other persons, reproduce or otherwise distribute this Whitepaper or any information contained herein for any
purpose whatsoever nor permit or cause the same to occur. This Whitepaper, any part thereof and any copy thereof
must not be taken or transmitted to any country where distribution or dissemination of this Whitepaper is prohibited
or restricted. No part of this Whitepaper is to be reproduced, distributed or disseminated without including this part
“RISKS AND DISCLAIMERS”.
NO AGREEMENT
No person is bound to enter into any contract or binding legal commitment concerning the sale and purchase of the
OMI Tokens and no cryptocurrency, or other form of payment is to be accepted on the basis of this Whitepaper. Any
agreement in relation to any sale and purchase of OMI Tokens (as referred to in this Whitepaper) is to be governed
by only a separate document setting out the terms and conditions (the “OMI Token Sales Terms”) of such agreement.
In the event of any inconsistencies between the OMI Token Sales Terms and this Whitepaper, the OMI Token Sales
Terms shall prevail.
If any provision or part of any provision in this “RISKS AND DISCLAIMERS” part is or becomes invalid, illegal or
unenforceable, it shall be deemed modified to the minimum extent necessary to make it valid, legal and enforceable.
If such modification is not possible, the relevant provision or part-provision shall be deemed deleted. Any
modification to or deletion of a provision or part of any provision under this “RISKS AND DISCLAIMERS” part shall not
affect the validity and enforceability of the rest of this “RISKS AND DISCLAIMERS” part.
DISCLAIMER OF LIABILITY
In no event shall either ECOMI, or any of their respective current or former employees, officers, directors, partners,
trustees, representatives, agents, advisors, contractors, or volunteers be liable for any indirect, special, incidental,
consequential or other losses of any kind, in tort, contract or otherwise (including but not limited to loss of revenue,
income or profits, and loss of use or data), arising out of or in connection with:
(i) any acceptance of or reliance on this Whitepaper or any part thereof by you;
(ii) any failure by ECOMI, any of its affiliate companies or third party contractors or licensors to deliver or
realize all or any part of the project described in or envisaged in this Whitepaper;
(iii) any information contained in or omitted from this Whitepaper;
(iv) your use or inability to use at any time the services or products or OMI Tokens offered by ECOMI,
(v) mistakes or errors in code, text, or images involved in the OMI Token sale or in this Whitepaper; or
(vi) any expectation, promise, representation or warranty arising (or purportedly arising) from this
Whitepaper;
(vii) the purchase, use, sale, resale, redemption, or otherwise of the OMI Tokens; or
All statements regarding ECOMI’s business strategies, financial position, plans and prospects and the future
prospects of the industry which ECOMI is in are forward-looking statements. These forward-looking statements,
including but not limited to statements as to ECOMI’s revenue and profitability, prospects, future plans, other
expected industry trends and other matters discussed in this Whitepaper regarding ECOMI are matters that are not
historic facts, but only predictions. These forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual future results, performance or achievements of ECOMI to
be materially different from any future results, performance or achievements expected, expressed or implied by
such forward-looking statements.
All forward-looking statements made by or attributable to ECOMI or persons acting on behalf of ECOMI are expressly
qualified in their entirety by such factors. These forward-looking statements are applicable only as of the date of this
Whitepaper, and nothing contained in this Whitepaper is or may be relied upon as a promise, representation or
undertaking as to the future performance or policies of ECOMI, or in relation to the truth, accuracy and
completeness of any of the information set out in this paper. The actual results, performance or achievements of
ECOMI may differ materially from those anticipated in these forward-looking statements. Whilst ECOMI intends to
fulfil all the goals set out in this document, in case of unforeseen circumstances, the goals may change or may not be
achieved without any notice to you.
Neither ECOMI or any other person represents, warrants and/or undertakes that the actual future results,
performance or achievements of ECOMI will be as discussed in those forward-looking statements. Further, ECOMI
disclaim any responsibility to update any of those forward-looking statements or publicly announce any revisions to
those forward-looking statements to reflect future developments, events or circumstances, even if new information
becomes available or other events occur in the future, except to the extent required by law.
The OMI Initial Token Sale (as referred to in the Whitepaper) shall not, under any circumstances, constitute a
continuing representation or create any suggestion or implication that there has been no change, or development
reasonably likely to involve a material change in the affairs, conditions and prospects of ECOMI or in any statement of
fact or information contained in this Whitepaper since the date hereof.
The regulatory status of cryptographic tokens, including any digital currency, digital assets and blockchain
applications is unclear or unsettled in many jurisdictions. The publication and dissemination of this document do not
imply that any relevant laws, regulations and rules have been complied with. No regulatory authority has examined
or approved this document. Where any relevant governmental authority makes changes to existing laws, regulations
and/or rules, or where financial institutions make certain commercial decisions, it may have a material adverse effect
and/or impair the ability of any relevant entity referred to in the document to function as intended, or at all. There
are risks involved in the technologies relating to the Ethereum blockchain, and the OMI tokens, such as unforeseen
bugs, security issues or disruptions. By way of the above and other factors not within our control, the entire sum
used to purchase the OMI tokens may be lost.
ECOMI may contract with third parties to develop and license their products and/or technology for use within the
ECOMI Ecosystem. While ECOMI will take all commercially reasonable steps to secure the necessary rights and
This Whitepaper does not identify, or claim to identify, all the risk factors connected with ECOMI and its businesses
and operations, the OMI Tokens, the OMI Initial Token Sale, and the Secure Wallet (each as referred to in the
Whitepaper). The disclaimers set out above are not exhaustive. A more comprehensive list will be set out in other
documents that may be published by ECOMI from time to time. You must make your own independent evaluation,
after making such investigations as you consider essential, of the merits of participating in the Token Sale and after
obtaining your own independent professional advice. To the fullest extent possible, ECOMI shall not be liable for any
responsibility, liability, claims, demands and/or damages (actual and consequential) of every kind and nature, known
and unknown (including, but not limited to, claims of negligence), arising out of or related to any acceptance or
reliance on the information set forth in this document by you.
TERMS USED
To facilitate a better understanding of the OMI Tokens being offered for purchase by ECOMI, and the businesses and
operations of ECOMI, certain technical terms and abbreviations, as well as, in certain instances, their descriptions,
have been used in this Whitepaper. These descriptions and assigned meanings should not be treated as being
definitive of their meanings and may not correspond to standard industry meanings or usage.
Words importing the singular shall, where applicable, include the plural and vice versa and words importing the
masculine gender shall, where applicable, include the feminine and neuter genders and vice versa. References to
persons shall include corporations.
STATEMENT OF NON-AFFILIATION
ECOMI and the OMI Tokens are in no way affiliated, associated, or connected with:
(i) [Orbis Worldwide Money Transfer and Investment] or its related ORBIS Token (ORBS) and
ORBISInvest token (ORBSi);
(ii) [Orbis Card];
(iii) [Team Orbis], or
(iv) [Orbis Communications LLC] or its related Orbis Token (OBT),
or any of the services provided by or related to any of the foregoing entities, or any of their respective subsidiaries or
affiliates.