Press Release
OmArt : Infinite Rolling Auction enhances NFT Price Discovery Efficiency
NFT and crypto art are a typical bottom-up development path, which successfully lowered the threshold of art and expanded the audience in a sense. It also brought “ownership” and “finance” to the artwork as the content side. The unique attributes of NFT have become an excellent carrier for the existence of artworks that are just needed to confirm the right.
However, there are many challenges in the current NFT market. The current poor liquidity of NFTs has led to a price discovery low efficiency. In addition, non-mainstream art forms dominate in the current crypto art circle, which affects the overall content quality, and mainstream artists will hesitate to participate in it. OmArt has born to cope up with the above challenges.
What is OmArt
OmArt is an ERC20 NFT platform based on original oNFT and infinite scrolling auctions modes, it can provide innovative NFT + oNFT product system:
- NFT
The platform supports the creation and trading of NFT. NFT created on other platforms such as Opensea can be listed on OmArt, and NFT created on OmArt can also be listed on OpenSea. OmArt will first and foremost integrate into the current mainstream crypto art play.
2. oNFT
oNFT is an original NFT of artworks, whose ownership cannot be acquired by the current owner.
3. An Infinite Rolling Auction Illustration
An infinite rolling auction means that oNFT will be automatically auctioned by the platform. The price of each round will be determined by OmArt platform according to a uniform pricing curve. When the latest sale price or auction cycle of oNFT exceeds a certain value, the current owner of the NFT can initiate a privatization and convert oNFT Remint into a standard agreement NFT by paying a certain premium over the latest sale price (tentatively 30%).
Team with Enriched Resources
The team has a wealth of offline space, internationally renowned artists, and art works resources, and has more than 100 art partners with experience in international exhibitions. In addition, there are more than 50,000 contracted artists who can be active on the OmArt platform.
OmArt’s CEO, Michael Chi is an associate professor of visual communication, an international curator, and the rotating chairman of the Association of Chinese Artist in American Academia. He was recognized by “Chinese Magazine” as one of the 10 recipients of the “Young Chinese of Excellence Award” at the magazine’s 40-year anniversary ceremony in 2018.
As a bridge between art and the crypto world, OmArt brings good works of art into the encrypted world by holding offline art exhibitions and auctions in conjunction with the online NFT platform, keeping the quality of OmArt content at the top level in the industry.
OmArt’s Mutually Successful Business Model
The platform provides efficient price discovery path for artworks/artists through oNFT infinite rolling auction mechanism.
- Users will also be able to enjoy more NFT art and participate in the auction and get corresponding economic rewards.
- oNFT will then be privatized and become the standard protocol NFT, rewarding the world of mainstream cryptography art industry.
- Artists can also publish NFT directly, free to define the price and royalty of NFT.
- As for OmArt platform, the platform value will continue to grow as it obtains high-quality content and users of different portraits. The platform will continue to retain platform earnings into users and artistic content to make the platform continue to grow.
Development Plan
OmArt will officially launch version 1.0 on July 26 this year, which is, an online NFT market platform that can issue and trade the standard ERC721 NFT, and will hold an immersive meta-universe art technology exhibition with the theme “IM META” on July 30. at Shanghai Plaza. 138 Huaihai Middle Road, where social, entertainment, shopping and living revolve around art horizon. It is where ideas, trends and lifestyles collide out to form new ideas and new inspirations.
A total of 55 works will be presented on the OmArt digital trading platform with NFT works. Artists include holographic special effects scenes for the sci-fi movie “Creation-Speed of Light” and the future multi-dimensional human-computer interaction interface designed for Tom Cruise’s sci-fi blockbuster “Oblivion”, the great designer GMUNK, new media Designer Joshua Davis, motion graphics artist Jonathan Winbush, famous graffiti artist Gemma O’Brien, etc. The curator of this exhibition, Scarlett Lin, is an artist and the founder of Linspace.
Version 2.0 of the OmArt platform is planned to be launched in Sep, 2021, when oNFT assets and the core innovative gameplay “Infinite Rolling Auction” will be officially launched.
Visit the OmArt website omart.io to learn more!
Telegram Group: t.me/OmartOfficial_NFT
Twitter: twitter.com/OmArt_NFT
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
UVKXE Releases Anti-Scam Guide, Enhancing User Security Protections
DENVER — Recently, the globally renowned cryptocurrency trading platform UVKXE has published its latest anti-scam guide to address the escalating threats of online scams, establishing a comprehensive protective barrier for users worldwide. The guide focuses on various scamming tactics prevalent in the cryptocurrency sector, highlighting what users should be aware of during transactions and asset management, while also providing effective preventive measures.
Kevin Anderson, CEO of UVKXE, noted: “As the cryptocurrency market continues to expand, more cybercriminals are turning their attention to cryptocurrency users, developing sophisticated scam techniques. As a well-known platform in the cryptocurrency trading field, UVKXE has a responsibility to help users identify and mitigate these potential risks. Through the release of this anti-scam guide, we aim to further enhance user awareness and safeguard their digital asset security.”
The guide outlines the common characteristics of these scams, such as phishing emails that typically use UVKXE or similar official-sounding names, along with forged logos and links, to deceive users into providing their login credentials and sensitive information. It also advises users to always choose official channels when downloading applications to avoid malicious software. Furthermore, UVKXE emphasizes that the platform will never proactively request users to provide sensitive information such as passwords or verification codes in any form.
In addition to the anti-scam guide, UVKXE will launch a series of interactive activities, utilizing community forums and video tutorials to educate users about safety knowledge and help them recognize and respond to potential threats. The UVKXE security team stated that these activities will not only provide real-time updates on scams but also offer users opportunities for direct communication and inquiries.
The investment in technology and education is reflected not only in the publication of the anti-scam guide but also in daily operations and maintenance. Kevin Anderson concluded: “Every protective measure and security technology implemented by UVKXE is designed to ensure the safety of user assets. In the future, we will continue to advance this mission, providing users with safer and more convenient cryptocurrency trading services.”
Media Contact:
Company Name: UVKXE CRYPTO TECH CO.,LTD.
Company website: https://www.uvkxe.co
Contact person’s full name: Mayang
Email id: mayang@uvkxe.co
Disclaimer: This content is provided by sponsor. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
UVKXE Clarification Statement: A Legally Compliant Trading Platform with International Accreditation
DENVER — Recently, the Securities Commission Malaysia (SC) published a list on its official website of cryptocurrency trading platforms that have not met its local registration requirements, mentioning UVKXE. UVKXE takes this matter seriously and wishes to clarify its credentials and compliance status to its users.
Global Compliance Credentials of UVKXE
UVKXE is committed to operating under legal and compliant principles, upholding a user-first core value. The platform has obtained several certifications from international authoritative regulatory bodies, including but not limited to:
U.S. MSB License
UVKXE has obtained the MSB license issued by the U.S. FinCEN. This certification represents the highest recognition by the U.S. government for financial service institutions, ensuring that UVKXE can legally conduct cryptocurrency-related business.
U.S. SEC License
As one of the few cryptocurrency trading platforms registered with the U.S. Securities and Exchange Commission (SEC), UVKXE complies with securities and investment-related legal regulations, providing users with a safer and more transparent investment environment.
Background on the Malaysian Public List
The list published by the Securities Commission Malaysia mainly targets trading platforms that have not met local registration requirements, such as Binance and Bursa Malaysia, rather than denying the platform legality. UVKXE has obtained multiple authoritative licenses internationally, and its compliance is beyond doubt. UVKXE is in communication with relevant departments to understand local specific regulations and to advance the registration process, ensuring compliance with local market requirements.
Commitment to Legal Compliance and User-Centric Values
UVKXE will use this event as an opportunity to further enhance its global compliance framework, actively adapting to regulatory environments in various countries, and providing users with more professional and diversified financial services. We sincerely thank all users for their trust and support! UVKXE promises that no matter where it operates, the platform will always adhere to the core philosophy of “user-first”, moving together with global users towards a safer, more open, and transparent new era of the digital economy.
Media Contact:
Company Name: UVKXE CRYPTO TECH CO.,LTD.
Company website: https://www.uvkxe.co
Contact person’s full name: Mayang
Email id: mayang@uvkxe.co
Disclaimer: This content is provided by sponsor. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
UVKXE Strengthens Security Strategy, Leading Innovations in Anti-Scam Technology for Crypto Platforms
DENVER — Recently, the globally recognized cryptocurrency trading platform UVKXE officially announced the completion of its latest security system upgrade. This upgrade significantly enhances the cybersecurity defenses of the platform and introduces cutting-edge anti-scam technologies. Through this technological update, UVKXE demonstrates its commitment to user asset security and proactive measures against potential future cyber threats.
Kevin Anderson, CEO of UVKXE, stated: “User trust is the foundation of UVKXE, and ensuring the security of user assets is always our top priority. This security system upgrade incorporates AI deep learning, real-time risk control, and efficient anomaly detection algorithms, aiming to create a safe and trustworthy trading environment for users. We will continue to optimize the security measures for user assets, ensuring that every user can trade confidently on UVKXE.”
The focus of this security system upgrade is primarily on anti-scam technologies. In response to the ever-evolving online threats and scam tactics in recent years, UVKXE has strengthened its multi-layered protective mechanisms, effectively enhancing the security and responsiveness of the system. The upgrade introduces AI-driven anti-scam technology, which intelligently analyzes user behavior through deep learning algorithms, allowing for rapid identification and isolation of suspected scamming activities. The AI anti-scam system can monitor and analyze large volumes of trading data in real time, immediately freezing any suspicious transactions or account activities to safeguard user assets.
Kevin Anderson further explained: “Traditional anti-scam methods often rely on post-event analysis, whereas the new system of UVKXE can identify risks promptly before incidents occur, taking immediate action to prevent losses.”
In terms of anomaly detection, the system of UVKXE combines the transaction histories, asset conditions, login locations, and other multidimensional data of users to accurately pinpoint potential security vulnerabilities. Through anomaly detection technology, each user login and transaction can be monitored in real time, with timely alerts prompting users to confirm actions, further enhancing the security of the platform.
Kevin Anderson concluded: “We hope every user can enjoy a secure trading experience on UVKXE. By continually optimizing our security strategies, we aim to provide a safer and more convenient cryptocurrency trading experience for our users.”
Media Contact:
Company Name: UVKXE CRYPTO TECH CO.,LTD.
Company website: https://www.uvkxe.co
Contact person’s full name: Mayang
Email id: mayang@uvkxe.co
Disclaimer: This content is provided by sponsor. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
-
Press Release4 days ago
The Strategy for Avoiding Failures for High Performers with Leila Entezam’s ‘SET UP’ Method
-
Press Release1 week ago
Zhuding International Limited Signs Reverse Merger Agreement with Automated Water Solutions Inc.
-
Press Release2 days ago
A Omega Fencing Company Launches New Eco-Friendly Fencing Options for Environmentally Conscious Homeowners
-
Press Release6 days ago
Eagle Crest Asset Management Prepares for Global Investors Summit Founder Ridel Bosco Castillo to Speak on U.S. Investment Landscape and Strategic Collaborations
-
Press Release2 days ago
Humera Tamboli elevates sustainable fashion with purpose: Embracing Supima cotton and Beechwood to create skin friendly capsule clothing
-
Press Release6 days ago
Safe Responsible Movers Earns Silver Medal in Banker & Tradesman’s Best Movers Poll for 2024
-
Press Release5 days ago
Revolutionizing Multilingual Tax and Bookkeeping Services for Global E-commerce Expansion: Flatfee Partners with cc:Monet
-
Press Release6 days ago
Zhuding International Limited Signs Reverse Merger Agreement with Automated Water Solutions Inc. and Belisarian Holdings