For those who aren’t yet familiar, Omisego (OMG) is a blockchain based solution to the global banking monopoly held by the mega rich corporations. The public Ethereum based banking solution proposes an alternative to bank accounts through the use of blockchain technology!
“OmiseGO is the answer to a fundamental coordination problem amongst payment processors, gateways and financial institutions. By enabling decentralized exchange on a public blockchain at high volume and low cost, OmiseGO provides a next-generation value transfer service operating across currencies and asset types. Through the OmiseGO network connected to the Ethereum mainnet, anyone will be able to conduct financial transactions such as payments, remittances, payroll deposit, B2B commerce, supply-chain finance, loyalty programs, asset management and trading, and other on-demand services, in a completely decentralized and inexpensive way. Further, millions of mainstream users in the largest growing economies in the world will be enabled to make the transition from using fiat money to using decentralized currencies such as ETH, BTC, and others. The OmiseGO network is intrinsically agnostic between fiat and decentralized money: as far as adoption and usage go, the system is constructed so that the best currencies will win.” (https://omg.omise.co/)
So why is it such a good investment now?
A couple of reasons, let’s start with the fact that in 3 days, Binance will be listing the digital asset to their trading platform (12th September 2017). Although Binance isn’t one of the top 10 exchanges in terms of trading volume, a cool £27 Million ($36 million) has been traded on the platform in the past 24 hours. The move will undoubtedly affect the price, as millions of new investors will have the chance to buy in.
Now this is purely based off of an online rumour, but it does coincide with the Binance announcement made today.
Apple will make their annual announcement on the same day (12th September 2017), which also happens to be Apple’s 10 year anniversarry! There have been rumours that a possible Apple – Omisego partnership will be announced at the event! If this does prove to be true, OMG would see swarms of investors new and old pumping money into it! A partnership like that would be monumental, and the price & market cap would BOOM!
This is all for now, but OMG looks like a very good place to invest! Even if the Apple partnership doesn’t come to fruition, the project still has huge potential!
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