Omni Network has announced a rebrand to Nomina, with a 1:75 OMNI to new coin NOM ratio.

BlockBeats News, September 5th, the Ethereum interoperability protocol Omni Network announced its rebranding as Nomina, unveiling a new name, logo, visual identity, and a brand-new product narrative to reflect its future direction.

As part of this rebranding, the Omni team is currently developing an application for token migration. Existing OMNI holders and stakers do not need to take any action at the moment. Additionally, please note that the new ticker symbol for Nomina's token will be NOM. Following the rebrand, NOM will become the network's primary token (Smart Contract: 0x6e6F6d696e61decd6605bD4a57836c5DB6923340), replacing OMNI.

The OMNI to NOM ratio is 1:75. This means that at launch, the circulating supply will be 2.9 billion NOM, and based on the tokenomics plan from the previous $OMNI TGE, the total supply will be 7.5 billion NOM. As we want all community members to have the opportunity to migrate to NOM at their convenience, the migration will not have a deadline.