All-time High
$28.35
Jan 08, 2018
All-time Low
$0.17
Apr 07, 2025
Volume(24h)
$6.12M
Turnover rate
20.83%
Market Cap
$29.3618M
FDV
$29.4M
Circulating supply
$140.25M
Total supply
$140.25M
Max supply
140.25M
Website
Contracts
Explorers
https://omg.eco/blockexplorer
https://omg.eco/blockexplorer
https://app.nansen.ai/token-god-mode?chain=ethereum&tab=transactions&tokenAddress=0xd26114cd6ee289accf82350c8d8487fedb8a0c07
https://etherscan.io/token/OmiseGo
https://ethplorer.io/address/0xd26114cd6EE289AccF82350c8d8487fedB8A0C07
https://blockchair.com/ethereum/erc-20/token/0xd26114cd6ee289accf82350c8d8487fedb8a0c07

Currency Calculator
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Community sentiment

26%
74%


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About OMG Network
Where Can You Buy OMG Network (OMG) Tokens?
OMG tokens are highly liquid and can be purchased or traded on well over 200 different exchange platforms, including several top 10 exchanges — such as [Coinbase Pro](https://coinmarketcap.com/exchanges/coinbase-pro/) and [Binance](https://coinmarketcap.com/exchanges/binance/). Some of the most popular trading pairs include OMG/USDT, OMG/BTC and OMG/ETH. OMG can also be traded against several fiat currencies, including U.S. dollars (USD), euros (EUR) and British pound sterling (GBP). To find out more about purchasing cryptocurrencies with fiat, read our simple guide — [here](https://coinmarketcap.com/how-to-buy-bitcoin/).
How Is OMG Network Secured?
The OMG Network mainnet will eventually move to a [proof-of-stake (POS)](https://coinmarketcap.com/alexandria/article/proof-of-work-vs-proof-of-stake) consensus system, which will allow users to stake their tokens to help secure the network and earn rewards. Until then, OMG Network child chains are secured by a proof-of-authority (PoA) consensus mechanism, which is basically a simplified form of proof-of-stake which is controlled by a single block producer (OMG Network itself) for now — which essentially stakes its reputation on staying honest. OMG Network plans to transition to proof-of-stake as soon as it’s ready, following which OMG holders will be able to become stakeholders in the success and security of the network, by delegating their [stake](https://coinmarketcap.com/alexandria/glossary/staking) to validators.
How Many OMG Network (OMG) Coins Are There in Circulation?
Like most [cryptocurrencies](https://coinmarketcap.com/alexandria/article/what-are-cryptocurrencies), OMG Network tokens have a fixed maximum supply. This is set at exactly 140,245,398 OMG and will never increase beyond this point. Unlike many other cryptocurrencies, this total supply has already been fully minted, with the majority already in active circulation. Of the total supply, 65.1% of tokens were distributed to investors and 5% were distributed in an airdrop, whereas the last 29.9% is held by the project and team. Of this 29.9%, 20% is locked in the OMG Network reserve smart contract for funding future developments and network validation, and the remaining 9.9% is reserved for the founding team. Both the OMG reserve and team allocation were locked for one year, but this has since elapsed.
What Makes OMG Network Unique?
OMG Network believes that Ethereum’s significant speed and cost barriers will need to be overcome before mainstream businesses will consider building their products and applications on the network. As such, the OMG Network project is built to help make Ethereum more attractive to businesses and projects that want to scale while simultaneously cutting down on their carbon footprint. It achieves this with its plasma-based sidechain solution, which can help reduce electricity usage by up to 99% compared to Ethereum and cut fees by around two thirds, while ensuring assets remain secured by the underlying Ethereum network. The platform itself is supported by $25 million in funding obtained during its 2017 initial coin offering ([ICO](https://coinmarketcap.com/alexandria/glossary/initial-coin-offering-ico)). Moreover, OMG Network parent firm SYNQA recently raised a further $80 million in Series C funding — and was supported by several major investment firms, including Toyota Financial Services Corporation and Sumitomo Mitsui Banking Corporation.
Who Are the Founders of OMG Network?
The OMG Network currently consists of a team of more than 50 employees scattered across the world. It was founded by Thai-born Vansa Chatikavanij and operates as a subsidiary of SYNQA — a Thailand-based fintech firm that was formerly known as Omise Holdings. As the projector founder, Vansa Chatikavanij received a master’s degree in earth and environmental sciences at New York's Columbia University. Following this, Chatikavanij held several consulting roles at prominent financial institutions including the International Finance Corporation (IFC) and World Bank Group, before founding OMG Network (then OmiseGo) in 2017. Chatikavanij held the role of managing director at the company until 2019, before transitioning to the role of CEO, which she still holds to this day. Beyond this, Stephen McNamara — former head of blockchain R&D strategy at Huawei Technologies — is OMG Network's COO, whereas Kasima Tharnpipitchai, a heavily experienced engineer and consultant, is its CTO.
What Is OMG Network (OMG)?
OMG Network, formerly known as OmiseGo, is a non-custodial, layer-2 scaling solution built for the Ethereum [blockchain](https://coinmarketcap.com/alexandria/glossary/blockchain). As an Ethereum scaling solution, OMG Network is designed to allow users to transfer ETH and ERC20 tokens significantly faster and cheaper than when transacting directly on the Ethereum network. The network is based on a novel scaling solution called MoreViable Plasma, which uses a sidechain architecture to group several transactions off-chain into a batch, which can then be verified as a single transaction on the Ethereum root chain. According to OMG Network, this technology has the potential to scale [Ethereum](https://coinmarketcap.com/currencies/ethereum/) to thousands of transactions per second (TPS) — instead of the 10 to 14 tps Ethereum 1.0 is currently capable of. The network is powered by the OMG utility token, which can be used as one of the payment methods for fees on the OMG Network, and will eventually be stakable — helping to secure the network in return for rewards.
OMG Network News
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Economic disruption has re-emerged as Robert Kiyosaki, known for Rich Dad Poor Dad, warns citizens to rely on Bitcoin.
May 08, 2025 at 11:25 pm
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Prominent market players are quietly accumulating positions in four specific tokens, hinting at significant moves on the horizon.
Apr 02, 2025 at 03:10 pm
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While we are not currently short of catalysts by any stretch, it might be cryptocurrencies that push us over the edge into open brawling.
Mar 04, 2025 at 09:33 pm
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The U.S. President Donald J. Trump has announced the creation of a U.S. Crypto Reserve. The Executive Order on Digital Assets under Trump would direct the Presidential Working Group to begin creating a Crypto Strategic Reserve, according to the announcement he made on X.
Mar 03, 2025 at 01:25 am
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HashKey Chain will officially launch the Staking function at 20:00 (UTC+8) on March 3, 2025
Mar 02, 2025 at 10:15 pm
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Understanding Bitcoin's New Role in the NFT Market
Feb 07, 2025 at 08:10 pm
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Ripple's cryptocurrency, XRP, has marked a monumental return to the forefront of the digital asset space, recently hitting a price of $3.
Jan 16, 2025 at 01:01 am
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It's considered to be a cult classic - but alike many movies, it has mistakes that leave the audience scratching their heads.
Jan 12, 2025 at 10:00 pm
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This decline led a broader crypto market downturn, wiping 7.2% off the total market cap, now at $3.5 trillion.
Jan 09, 2025 at 02:35 am
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