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OmiseGo is not owned by any individual party. Instead, it is an open distributed network of validators which enforces the behaviour of all participants. It wants to build a decentralised exchange, liquidity provider mechanism, clearinghouse messaging network, and asset-backed blockchain gateway. It uses the mechanism of a protocol token to create a Proof-of-Stake (PoS) blockchain to enable enforcement of market activity amongst participants. This high-performance distributed network enforces exchanges across asset classes, from fiat-backed issuers to fully decentralised blockchain tokens (ERC20 style and native cryptocurrencies). Unlike nearly all other decentralised exchange platforms, this allows for a decentralised exchange of other blockchains and between multiple blockchains directly, without a trusted gateway token.
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OMG is an ERC20 token running on the Ethereum blockchain
The company behind OmiseGo, Omise, is already partnering with well known financial institutions
Omise received 20 million USD of funding before they started their ICO
The startup has been active since 2015 and initially received a 100,000 USD grant from the Ethereum Foundation
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 30 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 and US Dollar