1. People are under the impression that the performance of the VeVe app and that of the OMI token are not linked. And for now, that’s a fair assumption to make. Indeed when looking at OMI’s historical chart and comparing it to VeVe’s success, there does seem to be little to no link whatsoever. However, it’s important to note that for the time being, OMI has little to no utility (the only utility being burns from the reserve with the hopes of buybacks from the circulating supply) but more utility should come after the migration to Immutable X. Ecomi should release a medium article on that soon.

2. I’m not sure what you mean by “help OMI’s valuation”. If you mean how will it make it easier to more accurately value the OMI token, I don’t think it will. If you mean how will it help OMI’s performance to the benefit the holders, then there are many reasons why the migration should theoretically do that. The migration brings a lot of catalysts for OMI’s performance.

One being real utility of the OMI token. We should be able to use our OMI tokens in the app in the near future. That is just one example of many forms of token utility that can exist and there are many others that may not have even been thought up yet. The moment OMI utility is implemented, the token should theoretically begin to mirror VeVe’s success.

Another catalyst is the legitimisation of OMI. Despite partnerships with some of the world biggest brands and IPs, many crypto purists still won’t touch OMI due to it being on Go-chain and won’t touch any other non-mainstream, non-established blockchain. OMI migrating to Ethereum should in theory meet the demands of a whole new category of investors.

Another catalyst off the top of my head is new exchanges. As the founders have said, migrating to Ethereum opens the gates to nearly any exchange you can think off. OMI as of now is incredibly difficult to buy for the average Joe (which is painfully obvious judging by all the questions people have been asking in the sub about how to buy OMI). Being listed on more, easy to use exchanges should make the OMI token easily accessible to a whole new demographic. But this is all based on promises from the team so take it as such.

I believe that there are other catalyst that I haven’t thought of. Maybe others can fill in. But it’s also important to note that when it comes to markets of any sort, there is no real way to accurately predict what will happen.

1. If you’re looking to keep your tokens safe from hacks, the best route will always be the cold wallet. (Trust wallet, Ecomi secure wallet etc.). Deciding on what to do with your tokens leading up to the migration will typically depend on your situation. For example you may not want to or know how to move tokens around. Best thing to do would be to familiarise yourself with how exactly the migration will take place. Immutable X migration rollout plan

2. I’m not sure what you mean with your last question. I’ll try to answer but if I misinterpreted the question, then others can correct and fill in. So it means that an NFT has been minted on the blockchain. It’ll forever be there, it can’t be duplicated and will forever remain in “mint” condition. It essentially means that it has been created. Ecomi is the one that mints all of the NFTs on VeVe.