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OmiseGo (OMG) Rank 32
$2.210741
OmiseGo (OMG) Rank 32
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140,245,398 OMG

OmiseGo (OMG)
OmiseGo (OMG)
OMG

OmiseGo (OMG) Price
$2.21

OmiseGo (OMG) 24h Vol
$144,979,029

OmiseGo (OMG) Market Cap
$310,046,268

OmiseGo (OMG) Circulating
140,245,398

Full Name
OmiseGo (OMG)
Symbol
OMG
Algorithm
ETH Token
BTC Price
0.00023868 BTC
BTC Market
33,474 BTC
BTC 24h Vol
15,652 BTC
Total Coins Mined
140,245,398 OMG
1h
0.59 %
24h
0.5 %
7d
8.76 %

Charts





Description

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.