Review on Omni by Mr Benji

Name: Omni
Item: Omni
Rating: 2

June 26, 2019

OLdschool

Historical view
 The White Paper for the project was published by J. R. Willett in January 2012, while the project officially started on the last day of July 2013 with a monthly fundraiser in which everyone could purchase Mastercoin (MSC). The Mastercoin Foundation collected about 5,000 Bitcoins, which were worth around $ 500,000 at the time. In March 2015, it was renamed Omni, whose role in the bitcoin ecosystem is declared as a platform for decentralized protocols.

The main functions of the Mastercoin protocol
Integration with exchanges - Omni is integrated with the best exchanges of both Bitcoin and Alt-Coins.
User cryptocurrencies - the protocol allows each user to design and release their own currency directly on the Bitcoin blockchain,
Smart property - these are contracts that can present certain goods. Individual digital contracts can refer to services, products, virtual currencies, monetary instruments and many more.
Savings Wallet - a collection of addresses under which all transactions are registered using Mastercoin.
Crowdfunding resources based on blockchain
﻿