OmiseGO Rank 40
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140,245,398 OMG

OmiseGO
OmiseGO
OMG

OmiseGO $1.23781000
₿0.0001230978

-0.98 %

24h Vol
4,215 BTC
$42,386,454
1 H
0.43 %
24 H
-0.98 %
7 d
6.76 %
Current OmiseGO price is 1.24 USD, and if converted to Bitcoin is 0.00012310 BTC. A total of 17,264 coin's are currently circulating in the Market. OmiseGO price change last 24 hours is -0.98 %, for more info please view all cryptocurrencies. Over the past 24 hours 0.424 M US dollars OmiseGO has been traded on Crypto Exchanges. Track / follow OmiseGO's progress by adding it to your favourites by creating a free portfolio if you wish.
Full Name
OmiseGO
Symbol
OMG
Algorithm
ETH Token
BTC Price
0.00012310 BTC
BTC Market
17,264 BTC
BTC 24h Vol
4,215 BTC
Total Coins Mined
140,245,398 OMG
1h
0.43 %
24h
-0.98 %
7d
6.76 %
Twitter
Website
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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.

 

ICO Status Finished
Token Supply 140245398
Start Date 2017-06-07
End Date 2017-06-07
Fund Raised (BTC) N/A
Fund Raised (USD) 25000000
Start Price (USD) 0.001
Security Audit Company N/A
ICO Legal Form Corporation
ICO Jurisdiction Singapore
Legal Advisers N/A
Blog N/A
White Paper https://cdn.omise.co/omg/whitepaper.pdf

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