OmiseGO Price Prediction: OMG Coin to go up to $16.63! September 2018 Forecast

OmiseGO is an extension of the initial Company OMISE. It is an Ethereum ERC20 token

What is OmiseGO (OMG)?

OmiseGO is a white-label wallet service provider, based on peer to peer, decentralized blockchain technology and utilizing the Ethereum network and has a native token currency of the system called OMG. OmiseGo is expected to have wallets and all other enabling features which will impress the users. It aims to assist and contribute to financial inclusion.

OmiseGO (OMG): History

OmiseGO is a joint venture company was founded in 2013, Omise Blockchain Lab, operating in Thailand, Japan, Singapore, and Indonesia, was established in 2015. The team behind OmiseGo includes Jun Hasegawa, Donnie Harinsut, and Vansa Chatikavanij. OmiseGO’s initial coin offering (ICO) in 2017 raised over USD $25 million, turning down over USD $100 million in the process and it stands as the sixth highest market cap ERC20 cryptocurrency token in the world.

How Does OmiseGO (OMG) Work?

OmiseGO works with the Ethereum network, and it gives different financial institutions to build their private wallet. This wallet works similar to another digital wallet but with the notable expectation that this is built atop blockchain network. User X, a client of Y digital wallet provider system, can use the digital wallet, built using Omisego. During the transaction, he needs to send a command containing the wallet address and the amount to be transferred. This data will go to the Omisego Digital Wallet infrastructure through the Omisego API which is integrated into the wallet. Then the wallet passes on to the blockchain network. If it reaches the blockchain, then it will be mined and transferred like a regular cryptocurrency.

How to Buy OmiseGO (OMG)?

First of all, you have to create an OmiseGO wallet to store your coins safe. Then give a password for the wallet so that nobody can access your coins without your permission. You can use MyEtherWallet which can store any coin on the Ethereum blockchain. Now you can buy Ethereum by using Coinbase so that you can trade it for OmiseGo.

OmiseGO (OMG) Price Prediction 2018

OMG can be a profitable investment option. OmiseGO price equal to 16.602 USD at 2018-02-16. If you buy OmiseGO for 100 dollars today, you will get a total of 6.023 OMG. Based on our forecasts, a long-term increase is expected, the price prognosis for 2023-02-09 is 137.176 US Dollars. With a 5-year investment, the revenue is expected to be around +726.25%. Your current $100 investment may be up to $826.25 in 2022. OmiseGO (OMG) price today is $16.63 and have the current supply of 102,042,552 OMG. The market cap value is $1,697,120,700 and the volume is marked as $67,093,000. OmiseGO price prediction, OmiseGO price forecast, OmiseGO price and news, OMG price forecast, OMG price prediction 2018, What is the price of OmiseGO 2018.

OmiseGO Price Prediction: OMG Coin to go up to $16.63! September 2018 Forecast
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