OMG Network - Live OMG Network price and market cap | Coinszap Currency Tracker

OMG Network Rank 41

OMG Network Rank 41

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140,245,398 OMG

24h Vol

10,963 BTC

1 H

0.19 %

24 H

0.49 %

7 d

3.82 %

Today OMG Network price in US dollars is currently 1.53 USD, and if converted to Bitcoin is 0.00016510 BTC. A total of 140,245,398 OMG are currently circulating in the Market. OMG Network price is currently experiencing a change of 0.49 %, and check here all cryptocurrency. Over the past 24 hours 1.014 M US dollars OMG Network have been traded on Crypto Exchanges. Get OMG Network's progress by adding it to your favourites and creating a free portfolio.

Full Name

OMG Network

Symbol

OMG

Algorithm

BTC Price

0.00016510 BTC

BTC Market

23,155 BTC

BTC 24h Vol

10,963 BTC

Total Coins Mined

140,245,398 OMG

1h

0.19 %

24h

0.49 %

7d

3.82 %

Twitter

Website

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Description

OmiseGO is building a decentralized exchange, liquidity provider mechanism, clearinghouse messaging network, and asset-backed blockchain gateway. OmiseGO is not owned by any single one party. Instead, it is an open distributed network of validators which enforce behavior of all participants. It uses the mechanism of a protocol token to create a proof-of-stake blockchain to enable enforcement of market activity amongst participants.

Owning OMG tokens buys the right to validate this blockchain, within its consensus rules. Transaction fees on the network including payment, interchange, trading, and clearinghouse use, are given to non-faulty validators who enforce bonded contract states. The token will have value derived from the fees derived from this network, with the obligation/cost of providing validation to its users.

ICO Details

)

OmiseGO is building a decentralized exchange, liquidity provider mechanism, clearinghouse messaging network, and asset-backed blockchain gateway. OmiseGO is not owned by any single one party. Instead, it is an open distributed network of validators which enforce behavior of all participants. It uses the mechanism of a protocol token to create a proof-of-stake blockchain to enable enforcement of market activity amongst participants.

Owning OMG tokens buys the right to validate this blockchain, within its consensus rules. Transaction fees on the network including payment, interchange, trading, and clearinghouse use, are given to non-faulty validators who enforce bonded contract states. The token will have value derived from the fees derived from this network, with the obligation/cost of providing validation to its users.

Team:

Jun Hasegawa: CEO, Founder. (Twitter);
Donnie Harinsut: COO, Co-Founder. (Twitter);
Wendell Davis: Product Design.
Thomas Greco: Special Advisor.
Vansa Chatikavanij: Managing Director.

OmiseGO held its Pre-Sale on June 23, 2017, and raised $25,000,000 reaching the maximum cap in the first, and only day of the sale. A total of 91,299,754 OMG tokens were sold in the ICO. Below you can see the token reserve split.

Token Reserve Split:

5% Airdrop;
20% Reserve;
9.9% Team;

There was no escrow, no bonuses or bounties.

ICO Status	Finished
Token Supply	140245398
Start Date	2017-06-07
End Date	2017-06-07
Fund Raised (BTC)	N/A
Fund Raised (USD)	25000000
Start Price (USD)	0.001
Security Audit Company	N/A
ICO Legal Form	Corporation
ICO Jurisdiction	N/A
Legal Advisers	N/A
Blog	N/A
White Paper	https://cdn.omise.co/omg/whitepaper.pdf

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