OmiseGo (OMG) Rank 27
$1.775622
OmiseGo (OMG) Rank 27
Website Twitter
140,245,398 OMG

OmiseGo (OMG)
OmiseGo (OMG)
OMG

OmiseGo (OMG) Price
$1.78

OmiseGo (OMG) 24h Vol
$81,000,894

OmiseGo (OMG) Market Cap
$249,022,793

OmiseGo (OMG) Circulating
140,245,398

Full Name
OmiseGo (OMG)
Symbol
OMG
Algorithm
BTC Price
0.000440936500 BTC
BTC Market
61,839 BTC
BTC 24h Vol
20,115 BTC
Total Coins Mined
140,245,398 OMG
1h
-1.28 %
24h
3.85 %
7d
18.09 %

Charts

Description

Description


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.

ICO Details

ICO Details


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.

Team:

  • Jun Hasegawa: CEO, Founder. (Twitter);
  • Donnie Harinsut: COO, Co-Founder. (Twitter);
  • Wendell Davis: Product Design.
  • Thomas Greco: Special Advisor.
  • Vansa Chatikavanij: Managing Director.

OmiseGO held its Pre-Sale on June 23, 2017, and raised $25,000,000 reaching the maximum cap in the first, and only day of the sale. A total of 91,299,754 OMG tokens were sold in the ICO. Below you can see the token reserve split.

Token Reserve Split:

  • 5% Airdrop;
  • 20% Reserve;
  • 9.9% Team;

There was no escrow, no bonuses or bounties.