OMC Group, the “blockchain arm and subsidiary of AIO Synergy Holdings Berhad,” is launching what it calls Omni Pets, a game of “collecting unique tradable digital tokens,” according to a press release from the group.
These tokens are built on the ERC-721 token standard based on Ethereum, and are non-fungible assets entirely.
Essentially, Omni Pets will offer only 200 eggs a week, each one a unique asset, which will then be hatched and grow in value assuming the user takes proper care of them, the release states.
Omni Pets will be available to the public “as a way to introduce blockchain technology and inject an element of fun in learning while playing a game collecting one-of-a-kind digital tokens that can be traded,” the release also states.
Speaking on the matter is Jack Lee, the CEO of OMC Group, who said:
“Each Omni Pet is represented by a unique token in our blockchain and we believe that this is a fun and interesting way for people to understand blockchain better while giving them the opportunity to collect and trade unique digital assets. Beyond Omni Pets, the use of ERC-721 can be used to tokenise other assets, such as art collections, property and jewellery. We also believe that blockchain technology can enable a trusted form of ownership for digital assets and we are taking this step with Omni Pets”.