What to buy now in the market now: Part 1
Well, to put it short, this is my personal opinions on the coin that worth invest. Do not take this as investment advice and merely as an additional information to know the coins.
Omisego (OMG)
It is no secret that many people love OMG and the cry to the moon is still shouting. However, the price of OMG has been flowing from 5+ USD to 12+ USD this month. The bottom comes along with the announcement of China ICO ban which is hardly means anything as everything drops during it. But it is clear to see that solid projects with confident investors bounce back faster than others.
What is OMG
OmiseGO is a public Ethereum-based financial technology for use in mainstream digital wallets, that enables real-time, peer-to-peer value exchange and payment services agnostically across jurisdictions and organizational silos, and across both fiat money and decentralized currencies. Designed to enable financial inclusion and disrupt existing institutions, access will be made available to everyone via the OmiseGO network and digital wallet framework, starting in Q4 2017.
In short, OMG aim to create a channel that allows everyone to transfer/pay regardless of location and status. Only a low fees will incurred to sustain the system. It is a very basic concept, certainly not a unique one as there are others trying to do it.
So why OMG
It has clear plan and great team. The collaboration with McDonalds in Thailand is a huge steps that changes the virtual into reality.
Well, there are obviously much more about the project but i only focus on two things- the idea and the execution. OMG has a basic idea, which is boring but a fundamental needs in the usage of Crypto Coins. The teams are experienced and supported by credible investors and advisors. These two are hardly to come by nowadays as alot of ICOs launching with just a blank promise (especially the one that only with ideas but never the detailed operation/products).
It is now priced around USD 11 in the market. And as mentioned by OMG Team, there will be a breakthrough starting Q4 2017 which is now. So, we will see how it goes from there.