The OmiseGo (OMG) cryptocurrency is an innovative product with great prospects. Cryptocurrency OmiseGO - overview and perspectives Wallet omg

The current cryptocurrency market is expanding more and more. Therefore, to work with big amount forks is quite problematic. To carry out any actions, you have to use stock exchanges, where you can make the appropriate currency transactions.

At the same time, each exchange supports only a certain set of electronic money, and therefore there is a need to open an account on a different platform, which is not always convenient. Because of this, there was a need to create a universal exchange platform that could support most forks and perform exchange operations for a variety of fiat money. It is about such a system, which was created on the basis of the OmiseGo cryptocurrency, that will be discussed in this article.

The OmiseGo cryptocurrency itself is currently characterized by the following points:

• currency designation for exchangers and exchanges - OMG;
• the token is based on the principles of the Ethereum blockchain;
• year of creation - 2017;
• official website - OMG.omise.co;
• total capitalization in the market - $ 1114337298;
• the exchange rate in relation to Bitcoin is 1 OMG = 0.00241094 BTC.

The exact launch date of the coin is the end of the current year. At the same time, the token will have its own blockchain, which will facilitate and speed up transactions on the network.

Background to the creation of the system itself

The launch of the OmiseGo cryptocurrency is carried out by the international company Omise, founded in 2013, which supported and carried out payments in Japan, Indonesia, Thailand and Singapore, and also quickly moved its financial activities outside the Pacific region to Asia. This company was presented in Forbes in November 2016 as "Fintech Rockstar".

This financial group provides reliable and secure payments in the Asian region for both small and large businesses. It provides the ability to conduct mutual settlements both online and offline. The most interesting thing is that the last version of transactions is carried out through a mobile gadget using special application. Thus, the system guarantees one hundred percent execution of settlement transactions even in the absence of the Internet.

The presence of a similar large company as the creator new cryptocurrency is a guarantee that it will only gain in price.

The main feature that will become revolutionary in the world of financial transactions between ordinary electronic money and the OmiseGo cryptocurrency is the presence of your own wallet operating on an all-in-one system.

This means that it will be possible to exchange any decentralized blockchain token for any local currency, the emission of which is controlled by a particular state. Moreover, such an operation will be performed as soon as possible, since the exchange takes place within the payment system itself.

Thus, the system supports 2 functions:

1. Directly a payment wallet for peer-to-peer transactions.
2. A blockchain network through which cryptocurrency transactions are confirmed.

The project's blockchain itself is a scalable and public network, where data transmission is protected using the Proof-of-Stake algorithm, which is determined by actions in the chain itself.

The introduction of our own blockchain network is due to the fact that the performance of the standard blockchain is quite low, that is, the waiting time for transaction confirmation is quite high. This is unacceptable for urgent operations. Moreover, the company already has a solid number of clients who use its services for regular settlements.

Therefore, the OmiseGo blockchain will be faster, and the currency transfers themselves will be cleared of unnecessary operations that load the network. At the same time, payment for any purchase through this wallet can be made by the buyer of one of the top cryptocurrencies, as well as a lesser known one. In this case, the seller of the goods will receive a monetary reward for their products or services in the local centralized currency.

For example, when buying a product in India, you can pay with a little-known "ripple" (ripple), and the seller will receive the equivalent amount in rupees (Indian currency). The owner of the product can set another type of both fiat money and receive payment in forks. For example, set the function “receiving payment only in Bitcoins” in the OmiseGo wallet. There are no such systems on the World Wide Web yet.

The proprietary blockchain network for OmesiGo is characterized by a number of features that have not previously been used in the blockchains of other cryptocurrencies:

1. The exchange between forks and fiat money will not be controlled by any state financial structure, that is, it will be decentralized.
2. The network provides a mechanism that is responsible for the liquidity of transferred funds.
3. A gateway for digital assets is provided, that is, the ability to manage assets will be provided.
4. Parallel use of the network for the transmission of clearing house SMS.
5. The costs of securing transactions on the network are automatically projected onto other chains. In this case, the transfer path is chosen such that it contributes to the increase in the cost of these chains.
6. Access to the blockchain does not require additional permissions from the outside, and the network itself is scalable.
7. A system that is tied to the blockchain is highly productive, increasing the speed of data transfer between network participants.

Note: more detailed information about the capabilities, structure and technical potential of the OmiseGo blockchain is presented on the official Internet resource.

At the moment, the OMG platform has an SDK type of electronic wallet. The use of such a system makes it possible to quickly promote a new fork in the financial markets, and also offers comprehensive support to the client, accelerating his entry into the market and securing his leading position in the financial segment.

This wallet has a "White Label", which indicates the possibility of its use by the client in various industries and areas. It gives free trade prerogatives to both standard money and any decentralized currency.

It also gives the user access to Omise's payment gateway, virtual card and credit card. Owning an SDK system for settlements, any business representative can style and adapt the wallet to their type of activity, filling it with the required applications and creating an exclusive design. The wallet is individually configured for the tasks of the owner. For example, a program of bonus benefits or other rewards (premiums) can be installed and carried out through it.

A distinctive feature of the SDK system is the use of an open type protocol for transactions. Thanks to this, the exchange between wallets of different technical design becomes much easier. In this case, you can use mobile communications more efficiently.

The creators of the OmiseGo wallet SDK claim that it will be quite flexible. This will allow the client to bring maximum benefit when conducting financial transactions of any kind.

What are the benefits of using a new financial platform

One of the main missions announced before the launch of the OmiseGo project is to create optimal conditions for financial participation sides. At the same time, the principles that are embedded in the system itself should radically change the work of existing financial structures.

At the household level, this means that with the launch of the OMG project, the following points will be achieved:

1. Making payments for sending and receiving will become cheaper, that is, the commission fee from the direct owners of funds will decrease. This moment should attract a significant number of solvent customers to the system. After all, the main drawback of any current financial structure- this is an exorbitantly high commission, which simply robs ordinary customers to indecent.
2. It will become possible to quickly exchange currency within the system, which will also have a reduced commission. The exchange rate will allow you to fix the initial exchange rate to each other at the time of the operation. In other words, the user will receive exactly the amount of money he expects. Which was not the case before, since the speed of transactions of the same Bitcoin ranged from several minutes to a day and, accordingly, during this time the rate could change significantly, and the client did not receive the required amount in fiat equivalent.
3. Before the start of the project, coins will be issued, called "OmiseGO tokens" (OMG tokens). Their owners will be able to receive additional profit for checking payment transactions on a special type of PoS network.

At the same time, OMG tokens are the internal currency of the network of the same name. At the time of launch, the estimated cost of 1 coin in relation to the US dollar is 1 OMG = $ 0.00149015.

This system provides the possibility of a general exchange in an open blockchain of various currencies in in large numbers and at a small price. OmiseGO provides a next generation marketplace for value transactions between crypto and fiat.

OmiseGO is available to any client. To use it, you just need to connect to the Ethereum network. Technically, the new platform promises to be such that it will significantly simplify access to cryptocurrency for millions of people. Perhaps, thanks to this particular system, the number of cryptocoin supporters will increase significantly. After all, now it will become much easier to switch from paper money payments to payments using cryptocurrencies.

Wherein main goal is to increase competition in the world of crypto money and bring it to a state of absolute (perfect).

Summary

The emergence of such an innovative type of financial platform, which will become available to any user, should produce a revolutionary boom both in the world of cryptocurrency and in the decentralized money system. Despite some controversial points that cause heated discussion in the financial world, a lot says a lot about the significant potential of OmiseGO.

Therefore, the parallel launch of our own blockchain network with new tokens is quite promising, and we can predict a significant increase in the value of the cryptocurrency called OmiseGo in the near future.

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On our website, you can find out the most up-to-date information about the field of cryptocurrencies and get acquainted with the most promising and interesting digital assets.

Today, we want to talk about what the OmiseGo cryptocurrency is.

Project developersOmiseGo

Today we will write about the OmiseGo blockchain project - believe me, the project is worth your attention. But first, let's talk about developers. The OmiseGo cryptocurrency was created by the Omise company, which has been operating since 2013, and is slowly conquering the Asian market.

On this moment, the company has offices in Thailand, Japan, Singapore and Indonesia, in other words, it is a working business, and not just another start-up project that ends with no one knows what. For 4 years of work on the market, the company has already managed to develop a customer base, namely small and medium-sized businesses, which they offered to accept payment for goods and services through their service. More information about the company itself, you can read on their official website www.omise.co.

We think that it’s enough to write about the developers, let’s take a look at the project itself and find out what the OmiseGo cryptocurrency is.

What is a cryptocurrencyOmiseGo

The OmiseGo cryptocurrency is a token that was originally based on the Ethereum blockchain, but in 2018 it “switched” to its own blockchain. At the same time, everyone, the main adviser of the OmiseGo project, is the founder of Ethereum. The OMG project offers its users a range of services that can save the public from using banks to make payments.

The project team created their OmiseGo wallet, which supports a number of cryptocurrencies and fiat money. Let's see how this project will be useful.

Imagine that you need to send money from Germany to Russia, while the one to whom you send money to Russia wants to receive it already in rubles. To do this, you must convert euros into rubles, and then send them to the recipient. Usually, this process is delayed in time, moreover, it is subject to additional commissions for conversion. With the help of a wallet, you can avoid conversions and not lose interest on commissions.

How does this happen? Suppose you have Bitcoin on your wallet, and the recipient wants to receive Ethereum on his wallet, for this you need to enter the required amount of ETH in the field and send them. Thus, the sender sends the coins that he had in his wallet, and the recipient received the coins that he needed.

Immediately after the launch, the omisego wallet supported BTC, ETH, LTC and a few more coins, but over time, their number gradually increased. All this will take place within the project, which means that the user will not need to deposit money on an exchange or exchanger, receive the necessary currency, and then transfer it to the project, no.

In other words, OmiseGo is a decentralized exchange that does not have specific individuals who would be in charge of the exchange. This makes the field of cryptocurrencies much safer, because it excludes the participation of 3 parties, in the form of exchanges.

Cryptocurrency BlockchainOmiseGo

The OmiseGo cryptocurrency works using the Proof of stake consensus algorithm, i.e. OmiseGo mining will be different from bitcoin mining. To get OMG coins, you need to have a certain amount of coins in your wallet. The more coins you have in your wallet, the more cryptocurrency you will receive.

One of the most important characteristics cryptocurrency is capitalization, and as of March 20, 2019, it is almost $215 million. The OMG rate is $1.52.

Where can I buyOmiseGo

The largest volumes of the OmiseGo cryptocurrency are traded on the two cryptocurrency exchanges Binance and Bittrex, Bitfinex trading volume on these exchanges is about 50% of the daily trading for this cryptocurrency. Therefore, if you want to invest in the OmiseGo cryptocurrency, then go to their official websites and buy these promising coins for yourself.

Course outlookOmiseGo

Cryptocurrency OmiseGo is a very interesting and promising project. Since its launch, the value of OmiseGo has risen from 53 cents to $1.52. At the moment, the team has already managed to sell its most important products, so with the return of the upward trend to the market, OMG will significantly increase in price.

We believe that the OmiseGo price could reach $50 by the end of 2020.

OMG chart and price

Interesting newsOmiseGo

• Most recently, Omise acquired one of the largest players in the market money transfers Thailand's paysbuy, which further expanded their customer base.
• McDonald's has announced that they will partner with OmiseGo and accept payments through their platform, which is at least 240 acceptance points.
• The ICO of the OmiseGo project ended before it even started. The goal of the developers was to collect about 19 million dollars, which they collected on the pre ICO, i.e. small investors were unable to participate.
• The Swiss retail giant has started accepting OMG cryptocurrency as a payment method for buying goods on Digitec Galaxus.

That's all our dear friend, if you are interested in the review of this cryptocurrency, then read about another interesting project that can make a rustle in the advertising business - this is a project.

Cryptocurrency OMG has a positive outlook for 2018. It was launched with the direct participation of specialists from the well-known international company Omise. The official launch year of the system is 2017, when its first coins appeared on the market.

Where to buy OMG cryptocurrency

You can buy OBG cryptocurrency on the following exchanges.

You can profitably buy OMG cryptocurrency for BTC on the Binance exchange.

See the rate change chart for OMG.

If you do not have BTC, then we offer to get bitcoin right now with the maximum refback from money-partner here.

The main advantages of OMG cryptocurrency

As the creators of this currency note, it has several fundamental differences that will certainly affect the popularity of the system and allow it to conquer new markets very soon.

1. The system has its own wallet, which operates on the principle of all in one. This allows you to conduct transactions using cryptocurrency and conventional money in electronic form.
2. It is possible to perform exchange procedures between a decentralized blockchain and a local currency controlled by the state.
3. All exchange operations are carried out quite quickly, since everything happens in the system itself without recourse to external exchanges.

Thanks to such opportunities, it became possible to support a number of functions.

1. First of all, the OMG cryptocurrency supports the payment type wallet itself for peer-to-peer transactions.
2. A personal block is used - a network through which the process of confirming transactions with cryptocurrency is performed.

The blockchain of the system is a network that has elements of scalability and is available to all users. It provides a special system for protecting transmitted information, which works on the basis of the Proof-of-Stake algorithm. This algorithm is determined by actions directly in the chain of events itself.

Possibilities of an individual blockchain

The creation of a personal blockchain network is explained by the fact that the capabilities of a standard blockchain in terms of its performance are not very high. Therefore, it takes quite a long time to confirm ongoing transactions.

This approach is unacceptable in situations where fast transactions are required.

Therefore, a personal blockchain has been developed, which is characterized by high speed. Currency transfers carried out with its help eliminate unnecessary operations that load the network.

The buyer can pay for the purchase using any level of cryptocurrency. Then the seller of the goods receives remuneration in the currency of the local rank, which is completely centralized, which makes it possible to avoid exchange processes.

The main features of a personal blockchain:

1. The exchange between fiats and forks is not controlled by government-type structures.
2. The network has a mechanism that allows you to be responsible for the state of liquidity of funds that are transferred.
3. There is a personal gateway for digital type assets.
4. All costs for securing transactions within the network are projected into automatic mode to other chains.

Main parameters and forecast for OMG cryptocurrency

At the moment, the volume of total capitalization for this system reaches 1968,921,241 US dollars.

The system token is completely based on the same principles on which the Ethereum cryptocurrency is built.

The currency has an official website OMG.omise.co, which provides all the necessary information.

The exchange rate of the currency in relation to Bitcoin is 0.00 179991 per coin.

According to these parameters and the above description, it can be seen that the currency has excellent prospects, which allow it to increase investment volumes and attract new users. Therefore, the acquisition of coins is a commercially profitable undertaking, which makes it possible to receive dividends during the current period. These receipts can also be invested in the system and at the end of the year receive large amounts of income.

Let's start the OmiseGO cryptocurrency review with news. Recently, and this was after “gray crypto Friday” or after December 22, Vitalik Buterin, by the way, in such a publishing resource respected by Trump short messages, as Twitter explained three reasons why OmiseGO is its favorite project after Ethereum:

1. The platform is universal remedy exchange of tokens;
2. It has clear criteria for assessing the cost.
3. It does not have passive income, but a means of obtaining active profit.

Moreover, we, like Buterin's declaration of love, fit into the cherished range for Twitter up to 280 characters.

And then, after this publication, the cost of the OmiseGO token gradually almost doubled and by January 9 for the first time exceeded a maximum of 25 US dollars:

Rice. 1. OmiseGO Monthly Chart

Well, how can one not suspect that one of the developers of Ethereum clearly played along with his new brainchild in order to correct its course. Moreover, it is no secret to anyone that these two projects complement each other. And here the question involuntarily arises, what does this cooperation give Ethereum?

And here is the Ethereum chart for the same month period:

Fig.2. Monthly ETH Chart

Isn't it true that the graphs in fig.1 and fig. 2, have similarities!? Except for the lesser degree of volatility of Ethereum compared to OmiseGO. Which suggests that in this cryptospark, the leading currency, as it should be, is Ethereum, and the OMG cryptocurrency is a slave partner.

What is OmiseGO really, a partner or an independent player?

This is a public technology of the financial sector, the foundation of which is the Ethereum blockchain. It is intended for use in crypto wallets and the main idea of ​​the developers is that users should be able to make exchange transactions of fiat and cryptocurrency assets in one place, regardless of the jurisdiction of the latter.

According to the developers of the project, OmiseGO can be easily integrated into the architecture of the financial relationship of cryptocurrencies with the possibility of adding fiat currencies. And the OmiseGO wallet itself is nothing more than a tool for implementing both informational and economic interaction on the b2b principle, which means that this is a business that serves the interests of the business.

Moreover, transactions in this system can be carried out, firstly, in one place, and secondly, they are carried out immediately and there is no need to wait several days for their confirmation. Therefore, the answer to the question posed in the title of this section may be such a compromise statement that OmiseGO is an independent crypto wallet platform on the blockchain or in cooperation with Ethereum.

Convert OMG to USD, BTC and RUB

OMG Calculator:

omg

AED AFN ALL AMD ANG AOA ARS AUD AWG AZN BAM BBD BDT BGN BHD BIF BMD BND BOB BRL BSD BTC BTN BWP BYN BYR BZD CAD CDF CHF CLF CLP CNY COP CRC CUC CUP CVE CZK DJF DKK DOP DZD EGP ERN ETB EUR FJD FKP GBP GEL GGP GHS GIP GMD GNF GTQ GYD HKD HNL HRK HTG HUF IDR ILS IMP INR IQD IRR ISK JEP JMD JOD JPY KES KGS KHR KMF KPW KRW KWD KYD KZT LAK LBP LKR LRD LSL LTL LVL LYD MAD MDL MGA MKD MMK MNT MOP MRO MUR MVR MWK MXN MYR MZN NAD NGN NIO NOK NPR NZD OMR PAB PEN PGK PHP PKR PLN PYG QAR RON RSD RUB RWF SAR SBD SCR SDG SEK SGD SHP SLL SOS SRD STD SVC SYP SZL THB TJS TMT TND TOP TRY TTD TWD TZS UAH UGX USD UYU UZS VEF VND VUV WST XAF XAG XAU XCD XDR XOF XPF YER ZAR ZMK ZMW ZWL

You can switch the calculation to dollars, rubles or bitcoins. Click on the currency icon on the right. To convert back, enter a number in the other field.

History of OMG Cryptocurrency

The emergence of this system is inextricably linked with the company Omise, which appeared in 2013, whose region of operation is the Asian segment of the global market, but at the same time it has far-reaching plans. Within a short time, Omise has raised almost $20 million in venture capital funding projects through so-called payment gateways that have been implemented in six countries in Southeast Asia. Its activity is aimed at overcoming the monopoly of banks, which made it popular both among telecommunications and banking structures of international importance, and among ordinary customers who received an application both for remote purchase of goods and for transferring fiat currencies between themselves.

Now the task is to combine them in one resource, where, along with OmiseGO tokens, there will be both various cryptocurrencies, as well as fiat currencies. What until recently seemed a little achievable is now quite an achievable goal.

The launch of the OmiseGO ICO project, whose tokens have the OMG abbreviation, was announced at the beginning of 2017. As soon as the sales of tokens were completed, trading of OMG Coin on exchanges began immediately in July. And if at the beginning, namely on July 16, tokens were given within $0.38, then a week later they were already worth $1.54, and a month later - $8.90:

Rice. 3. OMG chart all time

Good rate indicators right from the start of sales are not only the result of the trustworthy reputation of Omise, but also this is the result of the PR promotion of the project. The fact is that the bursts of the course are connected, as we have already noticed, with the publications of its developers.

• Official website of the project omisego.network

For example, after the “White paper” of the project was published, the demand for this cryptocurrency significantly outstripped supply, and therefore its value grew. By the way, a new project called Plasma was announced in the White Paper, and the OmiseGO team immediately announced that its new product would be exclusively on Plasma.

As for today's exchange rate, the trading visualization looks like this:

Fig.4. OmiseGO chart for today

OMG course for today

$ 2.10

0.000225

₽ 135.03

How to get OMG tokens

Modern strategies of crypto-startups consider mining not an actual way of obtaining tokens - the main focus is now on investment, so the developers of OmiseGO (OMG) did not announce the possibility of mining. The issue of coins was carried out once, and they are distributed according to the following ornate scheme:

1. during the ICO process, 61.5% of the coins were sold to investors;
2. for developers and owners of the OmiseGO company of the same name - 9.9%;
3. given to the partner structure Airgrop - 5.0%;
4. 20% left in stock. In September, 5.0% of them were given away for promotional purposes to owners who have at least 0.1 Ethereum in their account.

Mining OmiseGO Coin has been replaced by a fundamentally different algorithm for the formation of OMG crypto units - they are credited as an incentive for active users of the system, and they can also be purchased on various exchanges, both for dollars and other fiat currencies, as well as for Ethereums and Bitcoins. One such exchange is, for example, Bitfinex.

Where to store OMG?

It is possible to store OMG coins on the Ethereum platform, but the best storage is the SDK wallet of the OmiseGO project, which allows you to receive after its activation maximum benefit from the use of coins, and for this a special user support strategy has been developed.

OmiseGO Wallet Features

1. has unique, both style and various applications;
2. tied to the Omise payment gateway, which makes it possible to use fiat cards;
3. it can be implemented in various market systems;
4. It has open protocol, which makes it possible to conduct exchange operations between crypto wallets of various platforms;
5. gives you the opportunity to participate in loyalty programs.

Pros and cons of OmiseGO

We are not supporters of this or any other cryptocurrency, therefore we recommend that before deciding to buy tokens, study both the advantages and disadvantages of coins. As for OMG, the "pros" are:

• instant transactions;
• operating with both fiat money and cryptocurrencies;
• mobile banking;
• asset control;
• digital gift cards.

• OMG is tied on the one hand to the Ethereum blockchain (with which the developers, of course, disagree, considering this a virtue), and on the other hand, to the Omise system, where it makes it a limitedly decentralized public platform;
• the coin is strongly focused on the Asian market, and the conquest of global markets, despite the declared intentions of the developers, is clearly not yet up to growth or, to be more precise, not up to the task.

However, despite the minor disadvantages, the project has good prospects for establishing a reliable bridge between fiat and crypto assets. And therefore, paraphrasing Vysotsky about OmiseGo, we can say that let those who are not yet dressed in height reach the cherished bridge.

Brief video review

OmisGo has absorbed best qualities cryptocurrencies and added new features.

In fact, it is not just a currency, but a whole decentralized system of payments and exchange. The project was launched in the second half of 2017 after the implementation of the ICO of the same name, it was possible to raise more than $20 million for the OMG token.

Content:

Story

Omise, founded in 2013, provides financial services in Asia: Japan, Singapore, Indonesia and Thailand and has managed to earn an impeccable reputation and actively cooperates with small and medium-sized businesses.

In 2016, a venture funding campaign was implemented, which made it possible to raise $25 million for tokens.

At the beginning of 2017, the creation of a new project, OmiseGO, was announced, and work began on the creation and launch of the project.

Features of OmiseGO

The main mission of the OmisGo project and his team is "Liberation from the tyranny of banks."

The meaning of the idea of ​​OmiseGO is as follows- unification in one place of payment transactions, foreign exchange from private and from legal entities and organizational repositories.

This implementation allows users to conveniently and quickly exchange ordinary fiat money for various cryptocurrencies.

This Blockchain OmiseGo has easy access, wide scope also provides guaranteed security when carrying out financial transactions.

To be able to exchange money, it is not necessary to have a bank account, because. the system already has a reserve of funds in national currency.

Due to the scalability, users can complete calculations in minutes, and the costs will be much lower than those of competitive counterparts. This approach gives great appeal to the average user, because decentralization is used. Of the features, one can also note a simplified exchange procedure. The fact is that other crypto coins use , which slows down the process, and OmiseGO links wallets with its central chain, through which users can quickly and easily exchange cryptocurrencies.

Safety

OmiseGO uses a "share confirmation" security method.

The principle of its operation is such that using this method, the algorithm that forms the block does not depend on the power of the VU ( computing device), but the block will be formed with a high probability of account which has more funds on its balance sheet.

All processes have a liquidity mechanism.

Messages are transmitted through the Clearinghouse network.

Cryptocurrency capitalization, price and trend

OmiseGO currently has a market capitalization of over $1.5 billion.

In less than a year (or rather, in a couple of months), the crypt has grown from $0.35 to $15, that is, almost 43 times.

Such growth is ensured by the release of the White Paper, authored by Joseph Poon (creator of OMG) and Vitaly Buterin (founder of Ethereum), which talks about the Plasma project and its prospects.

At the same time, Omise announced that they would build their new product on Plasma.

Thanks to this, investors at the current stage could receive or have already received a profit of forty times higher than the initial investment. If you look at history, then even the pioneer does not show such growth -. According to analysts' forecasts, the OMG cryptocurrency will grow, although now all the main similar assets are falling in price. These are local falls, because the market is speculative. The same situation with OmiseGO.

Speed ​​and cost of transactions

The network is implemented in such a way that each participant takes direct influence on the storage and exchange of tokens.

Having an interconnected blockchain structure, its own blockchain and online wallet- Transactions are fast and efficient.

Settlement and clearing take place on the OmiseGO blockchain, while protection costs are transferred to other chains (blocks) that directly promote the value of these chains.

You can check the OmiseGO transaction through Eterscan at the link - https://etherscan.io/token/OmiseGo

About Mining OMG

The company has not announced the release of coins for .

The coins were issued once and were distributed after the initial offer:

Also, this system is called a cryptocurrency in the full sense of the word, like, etc. will be wrong.

A more accurate word to describe this product is cryptoshares.

The company distributes profits among the owners.

In addition to receiving a percentage of the amount on the wallet, the owners of the "coins" will be able to earn when the tokens rise in price, or by speculating on the exchanges.

Simply put, to replace mining in OMG, a different principle of “production” of new coins is used - this is the accrual of a percentage of the amount on the wallet to active users, encouraging users to keep coins on their balance and increase their number due to accrued interest.

Wallet creation and storage

An interesting situation with the wallet. The company has not yet created its own wallet, but there are others to which this crypt can be added. For example Exodus.