Institutions
OMG is only available to store
This asset is currently unavailable to trade on Gemini. You can store OMG and transfer it with a compatible external wallet.
$0.00
-$0.3502225418 (-54.13%)
Past year
Volume (24H)
--
Circulating Supply
140.2M
Market Cap
$40.35M
About OMG Network (OMG)
OmiseGo is a peer-to-peer network for financial transactions across multiple asset classes.
OMG Network was described in a white paper published in June, 2017. OMG Network aims to create interoperability between different asset classes such as fiat and cryptocurrency. It is a layer 2 solution built on Ethereum with several key components. The first is theOMG Network eWallet, which holds multiple currencies. The second is Plasma, a scaling solution for the Ethereum. The third is the proposed OMG Network decentralized exchange (DEX) that will allow users to exchange different asset types. The proposed OMG DEX will have a proof-of-stake consensus mechanism.
Launch date: To be announced. The OmiseGo eWallet has been released and is currently in public alpha.
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OMG Network Cryptopedia articles
What Is OMG Foundation and How Does It Work?
Cryptopedia Staff • 6 min read
See more
OMG Network links and resources
The whitepaper
OMG Network website
