Sep 24, · OmiseGo Price Prediction: OMG Price Surges 30% And It’s Looking For More. OMG is down more than 50% since its two-year high at around $7 was established in August OmiseGO is a subsidiary of Omise, an online payment gateway service provider in Southeast Asia. Omise recognised the need for decentralised infrastructure to transfer large volumes of transactions . So far, however, OmiseGO has not lived up to its promise. It has only recently launched its mainnet and we are yet to see how the project will perform in the real world. Subscribe to Bitcoin Market Journal to stay up-to-date with the latest developments in digital asset markets.
Btc markets omisegoOmiseGO (OMG) – BTC Markets
Market size The potential market for OmiseGO is just right. Regulatory risks OmiseGO is highly susceptible to regulation because its focus is in the southeast Asian area, where each country has different regulations and, in some, there is still a lack of clarity towards digital assets. Average Market Score Average the six scores above. Lead time advantage OmiseGO isn't the first to come up with a solution to solve the problems of the unbanked. Average Competitive Advantage Score Average the three scores above.
Entrepreneurial Team OmiseGO's biggest strength may be the track record of its founders and advisors. Integrity OmiseGO's team seems to be composed of stand-up folks, but the way they have pushed back deadlines and over-promised brings their integrity into question. Average Management Team Score Average the three scores above.
Token required You need a token in order to transact on OmiseGO's network. Value added For those who want instant payments without having to go through a bank, significant value is added. Decentralized OmiseGO is fairly well decentralized, but because it has rewards systems some of its benefits can be altered by centralized entities.
Token supply There are ,, OmiseGO tokens. Average Token Mechanics Score Average the six scores above. Technical difficulty OmiseGO's concept is attractive to users largely due to its simplicity. Buzz People are talking about OmiseGO, but much of the talk involves disappointment due to missed benchmarks on its roadmap. Average User Adoption Score Average the three scores above.
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