Abbas39

$OMG / $BTC trying to find a base, one for a patient.

Long
BINANCE:OMGBTC   None
$OMG / $BTC trying to find a base, one for a patient.

OMISEGO Scoring
Overall Score: 80.45%
Open communication channels: 100%
Team strength: 36%
Product strength: 85%
Coin strength: 95%
Business/Company strength: 70%
Brand awareness/Buzz: 100%
Advisory board strength: 50%
Activity on social media: 55%

Quick Research
Purpose: Focuses on user friendliness, mainstream digital wallets, real-time, peer-to-peer value exchange, fiat money and decentralized currencies, enables financial inclusion and disrupt existing institutions, access will be made available to everyone via the OmiseGO network, White label Wallet,Trustless transactions between parties, Freedom of payments, Counterfeiting impossible, Fraud resistant, No single point of failure, No % based transfer costs

Product Status: Fully working product
Consensus Method: Proof of work
Emission rate: No new tokens created
TXN'p/s: 2500

Abstract:
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. This high-performant distributed network enforces exchange across asset classes, from fiat-backed issuers to fully decentralized blockchain tokens (ERC-20 style and native cryptocurrencies). Unlike nearly all other decentralized exchange platforms, this allows for decentralized exchange of other blockchains and between multiple blockchains directly without a trusted gateway token. Markets may be able to signifi- cantly reduce spreads and encourage market assurance via decentralizing custody and increased transparency of market activity. This is achieved using smart contracts, protocol tokens enforcing correct market behavior of orderbook matching, a new construction of Ethereum bonded external enforcement of clearinghouse activity, and commitments to historical exchange data for use with Ethereum smart contracts.

Investment data
Listed on 29 exchanges
CoinMarketCap Rank: 20
Market Cap: $916 M
24H Volume: $22 M
Coin Age: 11 months

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.