OmiseGO (OMG)

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OmiseGo (OMG) is a cryptocurrency made by the parent company Omise and co-founded by Jin Hasegawa and Donnie Harinsut in 2017. It is a decentralized blockchain project that is a next-generation financial network, open payment platform and decentralized economy. 

OmiseGo is aiming for financial inclusion for everybody as well as interoperability. Created by Omise, a South-East Asian venture-backed payments company, the team over at OMG have managed to create a decentralized bank, exchange and asset-blockchain gateway. The cryptocurrency project launched with a successful Initial Coin Offering (ICO) which had raised around $25 million in 2017.

OMG uses a Proof-of-Stake consensus mechanism that rewards stakers that hold OMG in their wallets to secure the network. OMG is said to be the first cryptocurrency that will implement the Plasma technology created by Joseph Poon. Plasma is an Ethereum-based scaling solution that will aid in the Ethereum network being able to process thousands of transactions per second (TPS). Currently, Ethereum can produce around 25 TPS, therefore the research conducted by OMG in implementing Plasma into their blockchain will be paramount for Ethereum moving forward.

Although the core team of OMG is very strong, their advisory board includes cryptocurrency titans such as Joseph Poon, Vitalik Buterin and Gavin Wood - very well known cryptocurrency figures. Furthermore, the Omise and OmiseGo team have managed to secure some high profile partnerships over the course of their time. One of their most compelling partnerships was with McDonalds back in September 2017, who partnered with Omise to be its exclusive payment gateway for their Thailand McDonalds website. OmiseGo has also been involved in discussions with the Thailand Finance Ministry and The Central Bank of Thailand with regard to digital currency and cashless societies.

 


No One Noticing Biggest Bullish Reversal Setup Of OMG Network (OmiseGo) | OMG Price Prediction 2022

19 Mar 2022 1 minute read 0 comments moon333

  If you like the video then don't forget to upvote/tip and share, thanks   You can also support my work at Patreon for more ideas: https://www.patreon.com/moon333   In order to play and watch the current performance of the chart you need at least a...

OMG Network (OmiseGo) About To Breakout To Begin The Most Explosive Move | OMG Price Prediction 2022

4 Feb 2022 1 minute read 0 comments moon333

  If you like the video then don't forget to upvote/tip and share, thanks   You can also support my work at Patreon for more ideas: https://www.patreon.com/moon333   In order to play and watch the current performance of the chart you need at least a...

OMG Network (OmiseGo) Is Back Look At This Huge Bullish Harmonic Setup | OMG Price Prediction 2022

31 Jan 2022 1 minute read 0 comments moon333

  If you like the video then don't forget to upvote/tip and share, thanks   You can also support my work at Patreon for more ideas: https://www.patreon.com/moon333   In order to play and watch the current performance of the chart you need at least a...

OMG network in focus, the next big settlement provider

18 Jan 2022 2 minute read 3 comments Austras

Payments, settlements and transactions between larger corporations and firms that the typical investor often forgets to consider can make up a large market. They require a secure and fast method of transfer that crypto is currently offering in compar...

It Can Be Another Huge Reversal Move Of OMG Network (OmiseGo) From This Support

25 Dec 2021 1 minute read 0 comments moon333

  Hi friends hope you are well, and welcome to the new update on OMG Network (OMG) token.Broadening wedge and stochastic:On the weekly time frame, OMG has formed a broadening wedge pattern and reached support. It can be also observed that the moveme...

OMG Primed for Big Bullish Push Towards $20 in 2022?

24 Dec 2021 2 minute read 2 comments FX Empire

OMG looks set to continue moving higher within the confines of a long-term log chart ascending trend channel in 2022. OMG Network’s native coin OMG has been performing well in recent sessions. The OMG Network is a “value transfer” networ...

OmiseGo Wallet — 3 Best Choices

12 Aug 2021 2 minute read 0 comments ChangeNOW

With the abundance of cryptocurrency wallets on the market, it’s quite hard to choose the right one. Almost every wallet is claiming it’s the best, and it’s not always clear which one really is — so extensive research is needed. In this quick review,...

This Will Be The Most Explosive Move In The History Of OMG Network (OmiseGo)

4 Jul 2021 2 minute read 0 comments moon333

  Hi friends, hope you are well and welcome to the new update on OMG Network (OMG) token. Different support and resistance levels:From December 2020 to May 2021 the price action of the OMG network was very strong bullish . Finally, in May 2021the OM...

OMG/BTC Weekly Chart = Point of Maximum Financial Opportunity?

16 May 2021 1 minute read 0 comments Crypto Daily FX

Gonna keep this one short.    The OMG/BTC weekly chart shows OMG is near the bottom of its price range, barely above its all-time low in 2020. Following the massive 2018-2019 bear market in which most altcoins retraced 90-95% (or more), OMG indeed bo...

What is OmiseGO (OMG)?

3 Mar 2021 2 minute read 0 comments nervi

I think everyone will agree that Ethereum's scalability as of today is something that leaves a lot to be desired. This problem is not easy for the Ethereum community to solve. OmiseGO hopes to solve this problem. Or actually OMG Network, since it has...