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Venezuela
1 Level
1191 Review
4270.25 Karma

Review on OMG Network by LUIS RIVERO R

Revainrating 3 out of 5

OMG protocol

The OMG network allows real-time transactions.
It currently works on the etherium network. It aims to be the main P2p trading platform between individuals,
It is available since 2015, its main service is to be a payment gateway something similar to paypal.

In general, this network is open decentralized and based entirely on ethernet designed to exchange assets. However, I believe that there are currently many utility tokens with similar characteristics, besides being only supported by their exchange and most of their products.



Pros
  • It currently works on the ETH network
  • Payment processor with different assets.
  • Merge the use of ERC-20 token
  • Decentralized Exchange  
Cons
  • The main disadvantage is that it can have little technical progress.
  • There are currently other similar platforms.  

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