OmiseGo (OMG)

OmiseGo blockchain is Proof-of-Stake (PoS), and the OMG token is an ERC-20 token. During ICO, 65% of the OMG tokens were distributed. 20% of the coins were retained by OmiseGo for operational expenses while 10% was given to the developers and 5% was put aside for an airdrop to ETH holders. OmiseGo was founded in 2013, and it is an answer to a fundamental coordination problem amongst payment processors and gateways. The platform allows its users to have hassle-free access to OmiseGo network and digital wallet framework. OmiseGo is one of the first tokens on the plasma network which is a smart contract network that runs on top of the Ethereum network. OmiseGo is one of the strongest tokens on the Ethereum network. It has the third highest trading volume among the Ethereum tokens and 11th highest individual token price. A user will need Bitcoin or Ethereum to buy OMG which can be purchased on Coinbase. From there, an investor will have to transfer into an exchange that trades OMG which currently are Binance, Upbit, Bittrex, Huobi, and Ethfinex. These exchanges charge fees for the transfers. It is difficult to obtain it in North America and Europe because it is aimed at the Asia-Pacific market.
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