OmiseGO

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This article was considered for deletion at Wikipedia on December 29 2018. This is a backup of Wikipedia:OmiseGO. All of its AfDs can be found at Wikipedia:Special:PrefixIndex/Wikipedia:Articles_for_deletion/OmiseGO, the first at Wikipedia:Wikipedia:Articles_for_deletion/OmiseGO. Purge

company

OmiseGO is a company hoping to build an open payment platform and decentralised exchange running on the Ethereum public blockchain.[1][2]

OmiseGO's stated objective is to provide better financial services for everyone, including both people who use traditional banking services and people in developing countries and locales which lack traditional banking infrastructure.[2][3]

Its token OMG was the first Ethereum initial coin offering to exceed US$1 billion total market cap, in August 2017.[4]

OmiseGO Pte Ltd is a subsidiary of Omise Pte Ltd, a payments processor in south-east Asia.[1]

History

OmiseGO was started by Jun Hasegawa and Donnie Harinsut, the founders of Omise, in 2017.[5] OmiseGO's initial coin offering in 2017 raised over USD $25 million,[1] turning down over USD $100 million in the process,[6]

OmiseGO's advisors include the co-founders of Ethereum: Vitalik Buterin[7] and Gavin Wood.

Project

The publicised plan for the OmiseGO blockchain was to be a fully on-chain and massively-scalable decentralised exchange, liquidity provider mechanism, clearinghouse messaging network, and an asset-backed blockchain gateway.[2]

It was scheduled for launch in Q4 2017, but is not yet operational.

References

  1. ↑ 1.0 1.1 1.2 Leesa-Nguansuk, Suchit (1 August 2017). "OmiseGo opens up e-wallet payments". http://www.bangkokpost.com/tech/local-news/1297839/omisego-opens-up-e-wallet-payments. 
  2. ↑ 2.0 2.1 2.2 Rusell, Jon (30 May 2017). "Omise to raise $19M in first cryptocurrency sale from a major VC-backed startup". https://techcrunch.com/2017/05/30/omise-to-raise-19m-in-first-cryptocurrency-sale-from-a-major-vc-backed-startup/. 
  3. ↑ Cuen, Leigh (31 May 2017). "Initial Coin Offerings Go Mainstream: Omise and Kik Announce Cryptocurrency Sales". http://www.ibtimes.com/initial-coin-offerings-go-mainstream-omise-kik-announce-cryptocurrency-sales-2546147. 
  4. ↑ Russell, Jon. "The first ICO unicorns are here" (in en). TechCrunch. https://techcrunch.com/2017/08/31/the-first-ico-unicorns-are-here/. 
  5. ↑ Allison, Ian (18 September 2017). "Ethereum stalwarts Digix Global and OmiseGO back Japan's GB Blockchain Labs". http://www.ibtimes.co.uk/ethereum-stalwarts-digix-global-omisego-back-japans-gb-blockchain-labs-1639724. 
  6. ↑ Russell, Jon. "Fintech startup Omise raises $25M in ICO that bucks ‘money grabbing’ trend" (in en). TechCrunch. https://techcrunch.com/2017/07/05/omise-go-ico-25-million-omg/. 
  7. ↑ Cuen, Leigh (8 September 2017). "What Vitalik Buterin Says About Initial Coin Offerings". http://www.ibtimes.com/what-vitalik-buterin-says-about-initial-coin-offerings-2587720. 

External links

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