Founded in the year of 2013, Omise, a company operating in Asia countries such as Thailand, Singapore, Indonesia and Japan is a venture-backed payment services company. Omise go on the other hand, is the independent extension of its parent company Omise and it play the role as a payment processor in SEA( South East Asia) countries. Omise Go launched its ICO ( Initial Coin Offering) in July of 2017 and successfully raised 25 million dollars. The phrase “Unbank the banked” often used by Omise Go to support their ideology of creating an open and decentralized financial network and platform while omitting intermediary party such as bank. Ever since the Initial coin offering, Omise had been devoted itself in establishing some of its crucial core components of the network such as Odex , Plasma and White Label Wallet SDK. It is worth mentioned that both ODEX as well as Plasma are very sophisticated in terms of technology and they are the leader in their respective industry. One advantage that lies within Omise Go is that Omise is deeply involved in the financial payment industry and this allows Omise Go to be constantly exposed under mainstream media , which is rare among the cryptocurrencies community.
A very interesting fact about Omise Go is that Omise Go is not owned by Omise but instead owned by the users and token holders. It can be describe as a white-label wallet/smart contract platform and it has a close relationship with Ethereum due to the fact that it is also an Ethereum Request for Comment 20 token (ERC-20 Tokens). The token uses a Proof-of-Stake (Pos) algorithm with a total supply of 140,245,398 tokens.
To gain a deep understanding on what Omise and its OMG tokens really is , We have provided the original and unedited PDF of Omise Go (OMG) Whitepaper for our readers to understand the detail of it .
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