
ecomi.io
Making intelligent systems that will change customer relationships forever.
Date | Investors | Amount | Round |
---|---|---|---|
N/A | €0.0 Valuation: €0.0 | round | |
N/A | Seed | ||
Total Funding | 000k |
EUR | 2022 | 2023 |
---|---|---|
Revenues | 0000 | 0000 |
EBITDA | 0000 | 0000 |
% EBITDA margin | (500 %) | - |
Profit | 0000 | 0000 |
% profit margin | (500 %) | - |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
R&D % of revenue | 233 % | - |
Source: Company filings or news article, Dealroom estimates
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ECOMI, a Singapore-based technology company, was established in 2017 by David Yu, Daniel Crothers, and Joseph Janik. The company focuses on the digital collectibles market, operating through its flagship platform, VeVe. Initially named ECOMI Collect, the platform was later rebranded to VeVe to enhance its brand presence. The venture is backed by Orbis Blockchain Technologies Ltd.
CEO David Yu is a serial entrepreneur with over two decades of experience in the licensing and retail industry, starting his first business in 1996. His background involves transforming intellectual properties into global brands, a skill set that directly informs VeVe's strategy of partnering with major brands. Co-founder and COO Daniel Crothers brought his experience in building online communities and software solutions for major companies. He entered the crypto space in 2016 and, along with the other founders, recognized the opportunity in the digital collectibles space following the emergence of projects like CryptoKitties. This led to the creation of VeVe, designed to be a user-friendly marketplace for licensed digital collectibles.
The core of ECOMI's business is the VeVe app, a mobile-first marketplace for buying, selling, and trading licensed digital collectibles, or NFTs. The platform serves a global audience of collectors and fans of pop culture, film, and comics. Revenue is generated from the initial sale of digital collectibles, which are released in scheduled "drops," and a transaction fee on secondary market sales. The platform has its own in-app currency called Gems, which is pegged 1:1 to the US dollar and used for all transactions.
VeVe offers premium, licensed digital collectibles from world-renowned brands such as Disney, Marvel, DC Comics, Star Wars, and Warner Bros. These collectibles are not static images but often 3D models that users can interact with. A key feature of the platform is the ability to display these collectibles in customizable virtual showrooms and view them in augmented reality (AR), allowing users to place their digital items in their real-world environment. The platform also offers fully readable digital comics. The OMI token serves as a utility token within the ecosystem, intended to enhance the collector's experience through a loyalty program and other features. All NFTs on the platform are minted on a layer-2 scaling solution for Ethereum, which makes the process carbon-neutral.
Keywords: digital collectibles, NFT marketplace, VeVe, OMI token, David Yu, licensed NFTs, pop culture collectibles, augmented reality NFTs, blockchain technology, virtual showrooms, digital comics, mobile collectibles, secondary market, ECOMI, Dan Crothers, Marvel NFTs, Disney NFTs, DC Comics NFTs, Star Wars NFTs, carbon-neutral NFTs