1 Level
8 Review
15 Karma
Review on OMG Network by Jatin Pandey
Omisego is best and futuristic project with the best roadmap; they are…
Omisego is best and futuristic project with the best roadmap; they are planning to do more excellent work, the Market cap has too much than initial coin offering.They are an extension of Omise, which was launched in 2017 to promote blockchain technology, proposed an entire system aimed at revolutionizing the way people control their financial assets and exchange them. together by providing a secure and completely open transaction without boundaries and not dependent on third parties. There is a lot of potential in the OmiseGO platform. Being able to exchange any crypto or fiat currency instantly would be a game changer. However, they need Plasma to be functional, in order to have a fully functioning product. It is to Ethereum to what the Lightning Network is to Bitcoin.Cons
Pros
- The OMG feature of secure and rapid transaction clearing with the use of Ethereum smart contracts and protocol consensus is a major pro to the project and what it aims to achieveThe fact that the Thailand Finance minister is in support of this project speaks alot about it. Its widely acceptability will come sooner rather than later
Cons
- It might not be or might be hard to accept by various orgs due to the fact that there are already many institutions with such payment concepts. Theyy really have to do so much marketing and fine tuning to really sellOmisego still doesn't do any significant partnerships and not giving its user,s too many updates, even dex (decentralised exchange ) not launched
