OmiseGO

Omise
Industry Financial Services
Founded 2013 (2013) in Thailand
Founder Jun Hasegawa
Headquarters Bangkok, Thailand
Products Payment system, Cryptocurrency
Website www.omise.co

OmiseGO is a company providing an open payment platform and decentralised exchange issued on Ethereum, an open-source public blockchain.[1][2][3] The 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.[3][4] Its token OMG was the first Ethereum project to exceed US$1 billion valuation.[5]

History

OmiseGO was started by Jun Hasegawa and Donnie Harinsut, the founders of the already operating company Omise, which was founded in 2013, in Bangkok, Thailand.[6] OmiseGO's initial coin offering (ICO) in 2017 raised over USD $25 million,[1] turning down over USD $100 million in the process,[7]

In late 2017, OmiseGO conducted an airdrop of 5% of its tokens to all Ethereum holders.[8]

OmiseGO's advisors include the co-founders of Ethereum: Vitalik Buterin[9] and Gavin Wood.

Blockchain

The OmiseGO blockchain is a fully on-chain and massively-scalable decentralised exchange, liquidity provider mechanism, clearinghouse messaging network, and an asset-backed blockchain gateway.[2][3]

References

  1. 1 2 Leesa-Nguansuk, Suchit (1 August 2017). "OmiseGo opens up e-wallet payments". Bangkok Post. Retrieved 23 September 2017.
  2. 1 2 Joshi, Divya (19 September 2017). "These are the trends affecting the cryptocurrency market in 2017". Business Insider UK. Retrieved 23 September 2017.
  3. 1 2 3 Rusell, Jon (30 May 2017). "Omise to raise $19M in first cryptocurrency sale from a major VC-backed startup". TechCrunch. Retrieved 23 September 2017.
  4. ↑ Cuen, Leigh (31 May 2017). "Initial Coin Offerings Go Mainstream: Omise and Kik Announce Cryptocurrency Sales". International Business Times. Retrieved 23 September 2017.
  5. ↑ Russell, Jon. "The first ICO unicorns are here". TechCrunch. Retrieved 2017-12-16.
  6. ↑ Allison, Ian (18 September 2017). "Ethereum stalwarts Digix Global and OmiseGO back Japan's GB Blockchain Labs". Retrieved 24 September 2017.
  7. ↑ Russell, Jon. "Fintech startup Omise raises $25M in ICO that bucks 'money grabbing' trend". TechCrunch. Retrieved 2017-12-16.
  8. ↑ "Everything You Need To Know About Last Year's OmiseGo Airdrop". Retrieved 21 September 2018.
  9. ↑ Cuen, Leigh (8 September 2017). "What Vitalik Buterin Says About Initial Coin Offerings". International Business Times. Retrieved 24 September 2017.
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