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Kolkata, India.
1 Level
261 Review
18 Karma

Review on OMG Network by Amit Singh

Revainrating 4 out of 5

OMG is a strong-performing token with several key benefits going for it…

OMG is a strong-performing token with several key benefits going for it. OmiseGO is aimed at providing financial services to Southeast Asia’s unbanked population. The OmiseGO blockchain supplements the existing Omise payment gateway and mobile wallet infrastructure. OmiseGO will eventually utilize Plasma on Ethereum for fast transaction speeds and Proof-of-Stake verification model for decentralization. With these pieces in place, OmiseGO is a blockchain to watch for at least the next several years.



Pros
  • OmiseGO is one step closer to widespread acceptance of cryptocurrency as currency by retailers and merchants. If successful, it will basically act as the PayPal of cryptocurrency and that will be good for the market cap and coin price.
Cons
  • Many people in the past few months have been talking about this coin. I can't find any problems.

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