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ECOMI and Immutable X’s Partnership to Boost Premium NFTs on the Ethereum Network -Breaking

by Mike Robinson

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ECOMI and Immutable X’s Partnership to Boost Premium NFTs on the Ethereum Network
  • ECOMI’s VeVe integrates Immutable X
  • Partnership to promote premium NFTs
  • The collaboration was discussed by the executives of each party.

ECOMI is a Singapore-based tech company that has begun integrating the VeVe app-based digital collectors market into Immutable X. ECOMI announced its first partnership with Immutable X in May 2021.

The first layer 2 (L2) solution to Ethereum is ImmutableX. It is focused on scaling NFTs without compromising decentralization. More than 2.6 Million premium-licensed NFTs were moved to Ethereum by this integration.

This change allows more than 1,000,000 registered and active VeVe customers to transact without any fees, own only their carbon neutral assets and interact with the vibrant Ethereum NFT Community.

Built on top of StarkWare’s cutting-edge zero-knowledge proof technology, Immutable X’s L2 solution is made compatible with Ethereum. Additionally, users can enjoy huge scalability and instant transactions as well as gasless NFT trades using premium collectibles made by prominent brands such Marvel Comics, DC Comics, Disney and Warner Bros.

VeVe also plans to reduce its carbon footprint by providing grants of over $7million to nonprofits and environmental advocacy groups. Importantly, all NFTs issued and traded through the VeVe exchange will be completely carbon-neutral. This is due to Immutable X’s protocol that reduces computing energy, commitment to cover carbon credit costs and partnership with Trace and Cool Effect.

Moreover the Immutable X co-founder said:

“VeVe switching to Immutable’s Ethereum-based scaling platform proves that scale, user experience, and carbon impact no longer have to be a trade-off with the security and liquidity of the world’s most popular blockchain. We’re thrilled to help create a scalable way for millions of people to use Ethereum’s open ecosystem.”

Dan Crothers also said the same thing. He is co-founder and COO of ECOMI.

“We’re proud to partner with the top entertainment brands in the world to offer premium digital collectibles that stand apart from many other projects in the NFT space. With our move to Immutable X, the possibilities for brands and artists alike to push the envelope are just about endless.”

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