Binance Launchpool No. 52 [OMNI Modular Blockchain]
I. What is the #omni project?
Omni Network is the missing infrastructure for Ethereum to achieve future modular expansion. It requires a modular protocol with three basic functions.
1. Rollups
2. Data Availability
3. Aggregation
Rollups solve the scalability problem, data availability solutions reduce costs, and Omni aggregates all these modular components to solve the fragmentation problem.
Users and their funds are currently scattered across various L2 networks, which particularly affects developers because they can only access a small part of the market when deployed on Rollup. Omni Network enables developers to expand their applications to all Rollups to solve the current liquidity fragmentation problem of Ethereum.
II. OMNI team situation
The Omni team is mainly composed of senior engineers. The team prefers to work with senior engineers who have experience in building large-scale production systems, including CEO Austin King, CTO Tyler Tarsi, and COO Matt Poreda, all of whom graduated from Harvard University, and the entire team has a very strong technical background, which enables the OMNI team to combine many cutting-edge innovations into one platform.
3. Financing situation
Invested by Coinbase Ventures, Pantera Capital, Spartan Group, DeFiance Capital, and other institutions! 18 million US dollars,
IV. Token circulation and unlocking
Token name: OMNI
Total token supply: 100,000,000 OMNI
Initial circulation: 10,391,492 (about 10.39% of the total token supply)
Binance Launchpool quota: 3,500,000 (3.50% of the total token supply)
V. How to participate
Start depositing BNB and FDUSD to the page below at 8 am tomorrow
VI. Comments
It may play a key role in the future Ethereum infrastructure, especially in improving cross-rollup interactions and overall network security. As the project continues to develop, it may reshape Ethereum's rollup strategy, making Omni Network a project worth paying attention to