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Omega One ICO Review

Year founded

2018

Prototype ready

Yes

Industry

Trading

Platform

Ethereum

Omega One cryptocurrency is designed to be a market aggregator. When users place their money on Omega One, the platform will find liquidity in other exchanges. Because Omega One will give a very large balance sheet, traders will be able to maintain custody of their funds on each of the exchanges they have chosen. Today, traders can use a centralized exchange with high liquidity but they will not enjoy proper funds security or even be able to use a peer-to-peer solution.

Omega one ICO

Omega One team realizes that the market has some distance to go before it matures. Liquidity, security and even transparency in the market are some of the issues the team wants to solve. This problem will be solved by aggregating exchanges. Large orders will be split into smaller chunks and then distributed across exchanges.

This ICO will fund the development of the tokens and the team even have plans of integrating other coins later. The whitepaper of the crypto is well written and engaging. A trader should be able to understand the vision and mission of the team clearly by reading the whitepaper.

The use of the Omega One crypto

Ideally, Omega One crypto whose ticker symbol is OMT will be used in paying of trading fees. It is a standard ERC20 token. Whenever a trader will have large balances of OMT, they can get preferential liquidity treatment and discount on their trading fees.

Is it a good ICO to invest in?

The team behind this ICO seems quite knowledgeable in split orders over exchanges on the traditional platform. This makes them well qualified to implement the project as it is. Currently, the market cap of the ICO is around $300 million which makes it risky for many investors. However, if you are looking for a long-term investment opportunity, this crypto might be a good place to look at. The $300 million market cap will definitely stand in the way of returns for short-term investors. Other than that, Omega One ICO which has been postponed to Q2 of 2018 promises to be one of the good one this year.

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