OMNI, formerly known as Mastercoin, is a digital protocol built on top of the Bitcoin network. Launched in 2013 by J.R. Wilt, OMNI is one of the earliest projects to use blockchain technology to offer new and innovative features.

### Most important features of OMNI:

1. **Tokens**:

- Anyone can easily create and manage new cryptocurrencies on the OMNI platform. This allows the creation of tokens representing real assets, smart contracts, and even crowdfunding projects.

2. **Smart Contracts**:

The OMNI protocol uses smart contracts to implement automatic agreements between different parties. These smart contracts are programmed to carry out specific conditions without the need for intermediaries.

3. **Possibility of trading (Decentralized Exchange)**:

The OMNI platform provides decentralized trading capabilities between digital currencies, allowing users to trade digital assets directly without the need for central exchanges.

4. **Compatibility with Bitcoin**:

- Since OMNI is built on the Bitcoin network, it benefits from the security and extensive infrastructure that Bitcoin provides. This means that all transactions on the OMNI network are recorded on the Bitcoin blockchain, enhancing its security and reliability.

#Applicationsand uses:

1. **Crowdfunding**:

- OMNI can be used to create crowdfunding projects based on the issuance of tokens representing a stake or contribution to the project.