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OmiseGO (OMG) Historical Price & Volume Charts
What is OmiseGO?
OmiseGO is building a decentralized exchange, liquidity provider mechanism, clearinghouse messaging network, and asset-backed blockchain gateway. OmiseGO is not owned by any single one party. Instead, it is an open distributed network of validators which enforce behavior of all participants. It uses the mechanism of a protocol token to create a proof-of-stake blockchain to enable enforcement of market activity amongst participants.
Owning OMG tokens buys the right to validate this blockchain, within its consensus rules. Transaction fees on the network including payment, interchange, trading, and clearinghouse use, are given to non-faulty validators who enforce bonded contract states. The token will have value derived from the fees derived from this network, with the obligation/cost of providing validation to its users.
Genesis Date: 2018-11-06
|Mkt. Cap||USD 126,999,663||Volume 24H||USD 69,781,456|
|Mkt. Share||0.05 %||Available Supply||140,245,398|
|Change % (1H)||-0.05 %||Max Supply||0|
|Change % (24H)||1.60 %||Total Supply||140,245,398|
|Change % (7D)||-7.99 %||Proof||PoS|
|Algorithm||Upated: 14 hours ago|
OmiseGO Historical Data
OmiseGO (OMG) Reviews & Critics
In this clip from my recent livestream, I share the lessons I learned investing in OmiseGo (OMG). 🧠 FREE CRASH COURSE - Learn to securely buy, store and ....
- Great tech takes time. It's coming. OMG is a fabulous project at rock bottom prices. Only about 140,000,000 tokens and staking in the coming years. Omise the payment co. already has a network throughout Asia so adoption would begin immediately after it goes live.
- Don't listen to this guy BUY OMG NOW YOU WILL NEVER SEE IT THIS LOW AGAIN !!!!!!!!! GREAT PROJECT !!
- I don't know if you saw, but around a month ago, this is what Vitalik said about OMG and its usage for plasma:I'd say plasma still makes a lot of sense for the DEX usecase, because it is a usecase that fits into the specific parameters that make the issues around L2 less of an issue. Specifically, it basically requires only payments and atomic swaps (and also, developers can make their lives easier by requiring order-executing agents to post extra collateral to cover both sides of the entire orderbook in case they misbehave); payments have existed in plasma since forever, and atomic swaps are harder but have been done in plasma cash at this point. What you're not going to easily get out of plasma (or channels) is a build-your-own-smart-contract platform with anywhere close to the versatility of ethereum itself. So the application-specific work per application is going to be high; but that's not a problem for OMG because it is a single application and at this point the team has done most of that work already.
- Lol, so you didn't actually say anything about OmiseGo/Plasma. Are you not just delegating your investment decisions now to some other thought leaders? (Richard Heart, Cedric Dahl, Willy Woo, Peter Brandt).