5130 cryptocurrencies
Total Market Cap $1,741.00B
24h Total Volume $33.65B

OMG Network OMG Network star

0.54 (11.72%)

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.

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Market Share 0.04%
Proof type PoS
24h Open $4.64
24h Low $4.52
24h High $5.19
Price in BTC 0.00010661700815 BTC
Current Supply 140,245,392 OMG
Total Supply 140,245,392 OMG
Market Cap $726,190,656
24h Volume (coin) 2,076,698 OMG
24h Volume (currency) $10,095,658
24h Total volume (coin) 27,614,556 OMG
Volume 24H $142.33M
Last updated 2021-03-06 20:37:26 +00:00 GMT
ID Market Type Price Quantity Total
Date Price Volume

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