The chart of digital streaming cryptocurrency displays a slight move of -0.01% today. ECOMI’s token has been in focus among investors since the start of the year because it heated up in March to the value of 0.031. However, the token has managed a dramatic loss after the sharp breakout in 2021 so far and the rally continued today. The crypto tries to recover the market after a volatile patch. ECOMI will begin moving VeVe to Ethereum Layer 2 (L2) using Immutable X in the coming weeks. There will be three stages to this migration. The most essential thing is that there are no user requirements until phase three when the OMI token exchange facilities are open, which is one of the most important aspects. In order to move VeVe, ECOMI must first migrate its users. The registration and transfer of all existing wallet addresses/user account to Ethereum layer 2 is the first phase. Any new user accounts will be registered on L2 when this has been completed.
Finance and Business Reporter