What is OmiseGO?
The Omise Company
OmiseGO is a Brainchild of the Omise company established in 2013 in Thailand with branches in Indonesia, Japan, and Singapore. It’s a payment house servicing over 40 companies, and it’s estimated to be worth more than $4 billion. It’s expected that Omise’s users dealing with digital assets will adopt OmiseGO.
Pros of OmiseGO
Simplicity -access to this community is unrestricted and needs no specialized consent, formalities, approval or any form of compliance.
Supports many cryptocurrencies – as a wallet, OmiseGO supports a wide number of crypto coins and fiat currencies. Its SDK technology allows e-wallets to interoperate.
Fast and cheap – as an exchange and a cryptocurrency community, OmiseGO aims at providing superfast transactions in all the currencies it deals with.
Cons of OmiseGO
No physical product is out yet – sure OmiseGO has a lot of exciting projects in the pipeline, but nothing concrete is out yet.
Dodgy marketing – OmiseGO is accused of publishing deals that do not exist. Their relentless Twitter marketing is full of “collaborating with Google,” and similar teases yet nothing concrete has surfaced. This makes crypto citizens feel like they are hoodwinking investors to their community without offering real value.
Where to buy OmiseGO
You can’t buy OmiseGO directly with fiat buy you can exchange Bitcoin, Ether or any token of your choice. The exchange platforms listing it include Bittrex, Binance, Huobi, and Kucoin to name a few.
Without a doubt, OmiseGO is a revolutionary cryptocurrency project with real-world uses and ties to other useful technologies. As a project backed up by the Omise company, its future is somehow brighter than single crypto startups. Nevertheless, it’s advisable to remind you the extreme volatility of cryptocurrencies. So if you decide to invest in OmiseGO or any other, just put in what you can afford to lose.