Crypto influencer Ben Armstrong is naming what he says is probably the most underrated non-fungible token (NFT) asset within the area.
In a brand new video, Armstrong shines a highlight on Ecomi (OMI), a venture that he believes will develop immensely as demand surges for NFTs – the distinctive property that use crypto expertise to basically present certificates of possession in digital and real-world objects akin to artwork, digital land, tickets or even tweets.
OMI is the native token for NFT collectibles platform VeVe, which has locked in spectacular partnerships with some big-name manufacturers, together with Warner Bros., Capcom, and DC. Armstrong notes that Ecomi’s international head of licensing Alfred R. Kahn is a titan of the licensing Business, capable of achieve the rights to coveted digital merchandise.
“Kahn’s properties are liable for greater than $25 billion in retail income. Kahn was the founder chairman and CEO of 4Kids Leisure from 1991 till 2011. He’s acknowledged as an trade chief and licensing behemoth. His firm 4kids leisure was liable for a number of the largest names together with Pokemon, YuGiOh, Teenage Mutant Ninja Turtles, Cabbage Patch Children, and naturally ol’ Polly Pockets.”
Kahn additionally helped with branding and licensing of Nintendo, Mario Bros, Zelda, Donkey Kong, James Bond, and World Wrestling Federation.
Armstrong says that whereas Ecomi hasn’t introduced a proper partnership with these manufacturers as of but, with Kahn in command of licensing, it’s possible not that far-off.
“So if solely a few of these manufacturers be part of within the NFT craze, Ecomi and the VeVe app can be profitable. Ecomi seems to have the premier manufacturers NFT area cornered much like how Enjin (ENJ) has the gaming scene…
NFTs are the subsequent huge development and can take the world by storm reshaping the collectibles trade, and with all these connections and companions, Ecomi can be on the head of it. Don’t take my phrase for it, Alfred Kahn has this to say: ‘The magnitude of blockchain expertise will disrupt the collectibles trade by giving licensed manufacturers one other platform to promote on and defend their digital IP. Ecomi will set the usual on this area.”
OMI is at the moment buying and selling round $0.008 and holds a $1.four billion market cap. The asset is up roughly 30,000% on the yr, according to CoinGecko.