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The OMG Network is the quickest and most affordable way to transfer ETH and ERC20 tokens globally without restrictions. Formerly known as OmiseGo, OMG Network was established in 2017 as a trustless, non-custodial Layer-2 scaling solution for transferring value on Ethereum. The OMG Network enables the transfer of ETH and ERC20 tokens with a throughput of thousands of transactions per second, scaling Ethereum and making it enterprise-ready. Find out more about OMG Network (OMG) on their official website.
The OMG Network was formerly known as the token “OmiseGO”
The startup has been active since 2015 and initially received a 100,000 USD grant from the Ethereum Foundation
OMG uses a protocol called Plasma to scale up Ethereum transactions
The total supply of OMG is set at 140,245,398, has already been fully minted and the majority of tokens are already in circulation
Easy and convenient trading platform for new and experienced users
Secure, safe and free wallet service included
Fast and reliable, available 24 hours a day, 7 days a week
Over 50 digital assets, including Bitcoin, Ethereum, Ripple and more
European company, founded in 2014 in Vienna, Austria
Multiple fiat currencies, including euro, Swiss franc, British pound, US dollar and Turkish lira