Huobi Pro launches OmiseGo

Chinese cryptocurrency exchange Huobi Pro announced launch of OmiseGo token on its platform
13 November 2017   551

On November 13, Huobi Pro, a digital asset exchange for cryptocurrency traders and investors announced launch of token of OmiseGO, a public Ethereum-based financial technology for use in mainstream digital wallets, which enables real-time, peer-to-peer value exchange and payment services across jurisdictions and organizational silos.

The announcement was made on the official website of Huobi Pro and appears to be the main piece of news for the exchange platform as it is presented in the home page of exchange.

Huobi Pro to launch OmiseGO token OmiseGO launches on Huobi Pro

Huobi Pro launches OmiseGO on November 13th, 2017, and deposit starts at 14:00 UTC, November 13, 2017. OMG/BTC and OMG/ETH trading starts at 14:00 UTC, November 14.

OmiseGo token takes the 1st place in full tokens list ranged by market capitalisation, being currently traded at $7,66 price and having market cap of $781 million. During past 24 hours its price rose by 12,76% which might be linked to the abovementioned announcement.

Top 5 tokens list Top 5 market capitalisation tokens list

Initially, the OmiseGO network states to be intrinsically agnostic between fiat and decentralized money, as far as adoption and usage go, the system is believed to be constructed so that the best currencies will have the opportunity to win.

Two weeks ago chinese currency exchange Huobi announced the withdrawal from Bitcoin industry.

MakerDAO and OmiseGO Announce DAI Collaboration

OmiseGo will be able to store value both in Dai and on the OMG network, and become a benchmark against which other things can be valued
11 April 2018   126

Yesterday MakerDAO and OmiseGo have both published the announcements about mutual collaboration aiming to enable the next generation of financial tools on the blockchain. The OmiseGO is building a platform that provides a scaling solution for finance on Ethereum, enabling transparent, peer-to-peer transactions in real-time, and MakerDAO announced that its Dai cryptocurrency will be available on the OmiseGo network.

Dai is a cryptocurrency that is price stabilized against the value of the U.S. Dollar. Dai is created by the Dai Stablecoin System, a decentralized platform that runs on the Ethereum blockchain.

Maker and OmiseGO PartnershipMaker and OmiseGO Partnership

According to the announcement, OmiseGo will be able to store value both in Dai and on the OMG network, and become a benchmark against which other things can be valued.

Soon, OmiseGo will release more information regarding multi-collateral Dai, as there will be a variety of collateral options that can be used in the creation of a Collateralized Debt Position. OmiseGo will be among the first of these multi-collateral options available for CDP creators.

At the moment of press, these are main market parameters of DAI:

  • Average Price: $0,998006
  • Market Cap: $21 242 181
  • 24h Vol: $15 461 100