OMG Network

OMG Network

(OMG)
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About OMG Network

The OMG Network (OMG), formerly known as OmiseGo, was launched in 2017 and is a non-custodial, second layer scaling solution. Designed to allow for considerably faster and cheaper transactions, OMG Network is built on top of the Ethereum blockchain and can be used for ETH and ERC-20 token standards.

Using intricate side chain architecture, the protocol is able to cut transaction fees by two thirds and electricity usage by 99% without compromising on the integrity and security of the tokens. OMG is a utility token that is due to have staking functionalities when the platform launches its proof of stake protocol.

Key Statistics

Ranking

124

24H Volume

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Circulating Supply

OMG 140.25m

Market Cap

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