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Venezuela, Guatire
1 Level
364 Review
1267.25 Karma

Review on OMG Network by Gabriel Medina

Revainrating 3 out of 5

A Plasma OMG project

OMG Network is designed as a solution for scalability problems on the Ethereum network. It is an open network that can be integrated into other block networks, with the possibility of making quick calculations. At OMG we can exchange currency and cryptocurrencies, implementing measures to avoid expenses and attacks. It has an architecture called Plasma that allows operators to make transactions through external channels of the Ethereum network, you can earn rewards for such operations.
In its not very long history it has recorded important events such as:
  • Advisors include Vitalik Buterin and Gavin, co-founders of Ethereum.
  • I won the DTBB digital company of the year award in 2017.
  • Institutional investments include major companies such as Alipay.
  • It was one of the first projects to run an AirDrop campaign.
  • The token at the time was considered one of the most successful on the market.
  • 

    Pros
    • It has the potential to become a very liquid market from which valuable companies will benefit the most.
    • Plasma infrastructure, a brilliant idea for a decentralized exchange of value.
    • It has the potential to compete in the crypto industry and can create problems for bitcoin.
    • Active support of important figures in the world of cryptocurrencies such as Jun Hasegawa.
    Cons
    • It is wise to be careful when investing.
    • The prospects are not certain, there could be implications due to your plasma project.
    • There must be foresight in marketing so as not to create false expectations.

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