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Review on OMG Network by manhatan davistrue

Revainrating 5 out of 5

OmiseGO as a project that was at some time relatively unknown, but actively…

OmiseGO as a project that was at some time relatively unknown, but actively promoted on various cryptocurrency-related communities and subreddits. OmiseGO promises an ecosystem through which currencies and other valuables could be exchanged among themselves directly and in a decentralized manner. OmiseGO (OMG) token is based on the Ethereum platform as an ERC20 token. OmiseGO started it life back in 2013 and as over the years gained​ alot of popularity. It's currently ranked as one of the top 50 coins according to CMC.




Pros
  • OmiseGO aims to “Unbank the Banked with Ethereum”. OmiseGO is the first plasma.io project. Omise which is the company behind OmiseGo already had a large online payment product, with the OmiseGO version getting a lot of attention from the media and leading partnerships.
Cons
  • It seems to be limited to Asia only for now which makes it a regional cryptocurrency which will definitely affects it's adoption and value, kind of looped at this one. The team are very dedicated and I see no much cons to place here, but I believe their community could atleast be more active towards the project as opposed its position on CMC.

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