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11 Karma

Review on OMG Network by Chinemere Unegbu

Revainrating 4 out of 5

OmiseGO is the cryptocurrency payments platform. There currently isn’t any…

OmiseGO is the cryptocurrency payments platform. There currently isn’t any proof that they have a product working yet.

However, they are well funded and seem to have a good team. So they are working on it.

So until they have something that works, it probably isn’t worth buying.



Pros
  • There is a lot of potential in the OmiseGO platform. Being able to exchange any crypto or fiat currency instantly would be a game changer. However, they need Plasma to be functional, in order to have a fully functioning product. It is to Ethereum to what the Lightning Network is to Bitcoin.
Cons
  • Con says that it will be hard to get merchants to accept omg... Yeah I remember the days when I thought every single crypto was legitimately designed to be strictly a new currency and to be used only as money. Lol

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