What is OmiseGo (OMG) and why it will Rise in 2018 - Price Prediction!

Courtesy of Thinking Crypto

OmiseGo is an open payment platform and decentralised exchange issued on Ethereum. Rather than develop their network from scratch, the developers of OmiseGo decided to use Ethereum’s infrastructure and build their platform on Ethereum’s main net. OmiseGo aims to become the world’s leading peer-to-peer cryptocurrency exchange. As such, its utility extends far beyond that of a regular altcoin. OmiseGo is its potential to phase out exchange platforms completely. This would make its native cryptocurrency, OMG, among the most valuable in the market in a similar manner to how smart contracts single handedly made Ethereum the second most valuable digital currency. It saw great gains in early December joining the billion-dollar club. Vitalik Buterin, founder of Ethereum, tweeted that it’s one of his favorite token models. McDonald’s, one of the largest restaurant chains in the world is working out a partnership with OmiseGo that will see OmiseGo being accepted as a payment method in their establishments. The pilot phase is expected to begin with McDonald’s Thailand which has over 240 establishments. The success of this venture would see OmiseGo being used in over 36,000 McDonald’s worldwide and this would make OMG among the most widely used currencies. The success of this venture would also bring in countless other retailers who would want to capitalize on the widespread use of OMG.

Price Prediction for 2018 - $150 - $200

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