You can now deposit and play Dice with OmiseGo at BetKing
The OmiseGo (OMG) platform is an open-payment platform developed to make payments
easier while allowing a wide range of transactions. Trade on the platform is facilitated by the
OMG token which rides on the Etherum Blockchain technology (ERC20).
OmiseGO aims at simplifying payments between trading parties using any of the popular and
tradable Blockchain products as well as fiat money. What this means is that a person with
Bitcoin, Ethereum or any other cryptocurrency can exchange his coin for goods and services
with traders across the globe and vice versa.
Already, OmiseGo developers have openly stated their intent to reach a majority of unbanked
people to become banked using the platform. A case in point is hundreds of millions of people
in Asia who are not banked but have access to the internet. OmiseGo promises to make it
possible for them to make remittances at their convenience.
Omise was founded in 2013 and has a physical presence in Thailand, Japan, Singapore, and Indonesia. The company is
engaged in online payment solutions and already has a vast client base of merchants who use it
to sell their products and services.
In 2016, the Thai government recognized Omise as a Digital Startup of the Year. Omise is under
the leadership of a team of tech-gurus, namely; Vitalik Buterin (Ethereum founder), Jun
Hasegawa (OmiseGo CEO) and Joseph Poon (co-author of Lighting Network and Plasma).
The OMG token was set for a public offer, but the token sold out the available 140 million OMG
tokens during a pre-sale period on June 7th -23rd, 2017. While the targeted amount was
$25 million, the token raised $35.6 million. Tokens were sold at $0.254 per token.