Why it’s a good time to buy OmiseGO (OMG)
Why it’s a good time to buy OmiseGO (OMG)
Most cryptocurrency enthusiasts will tell you that if they had a chance to get in on the action while Bitcoin was still valued at a dollar, they would probably buy in and wait. However, at its current price, you would probably pass as it might be too highly priced. But thankfully, it’s never too late in the world of cryptocurrencies and there more than a thousand coins and tokens that promise great returns as well. One particular coin that is just getting started and is poised to shoot for the moon in 2018 and beyond is OmiseGO(OMG).
With up to 4 years of experience in the payment industry, OmiseGO (OMG) is now venturing into the world of Blockchain and cryptocurrency. OmiseGO is a Southeast-Asia based company that is working to create an e-wallet that will allow you to transfer cryptocurrencies and digital assets. How do you ask? Well, by using an Ethereum-based financial technology OmiseGO is developing a peer-to-peer value exchange platform that enables the mainstream use of digital wallets across organizational silos and past border jurisdictions. Basically, you will be able to exchange between your Bitcoin, or fiat currency, or even your shopping or airline voucher and also use them to make day to day purchases such as groceries and other daily appliances. This is particularly a utility for individuals who make cross-border payments and end up paying huge fees while also dealing with uncoordinated payment systems.
That’s right, OmiseGO (OMG) is just getting started and for investors, this couldn’t be a better time to buy.Just a few weeks ago, OMG was priced at $24 per OMG, currently, it’s moving back and forth around the $12 mark according to CoinMarketCap. This presents a discounted price that makes OMG an undervalued asset at the moment.
Apart from the fact that OMG is backed by a tried and tested team of developers, it’s practically a sleeping giant set to go up in price with the new technological advancements and partnerships planned for 2018. Although skeptics will argue that its features are only a concept as the project is still in its development phase, the company’s roadmap is exciting.
In fact, the company signed a partnership with McDonalds Thailand just four months ago in a move that will establish OmiseGO as the provider of easy payment solutions for customers in the entire South East Asia’s fast food market.
This is only one of the developments the company had done so far. Plans are underway to develop and launch a decentralized wallet that will enable cryptocurrency enthusiasts to trade cryptocurrencies from the comfort of their wallet while also enjoying negligible fees and convenience.
Why it’s a good time to buy OmiseGO (OMG)
Reviewed by mir khaleq ali
on
February 07, 2018
Rating:
Reviewed by mir khaleq ali
on
February 07, 2018
Rating:
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