$OMG 　　OMG Network (OMG), formerly known as OmiseGo, is a second-layer expansion solution for value transfer on Ethereum. Simply put, the second-layer expansion solution is based on another blockchain (OMG subchain) on top of a blockchain (Ethereum). OMG Network is a decentralized public network that allows high-throughput, low-cost peer-to-peer transactions. With OMG Network, anyone can trade value across regions, asset classes, and applications. OMG Token (OMG) is the native token of the OMG network, used to pay for second-layer transfers, and watchers can stake OMG.

The purpose of the design of OMG Network is mainly to enable users to transfer ETH and ERC20 tokens directly within the Ethereum network for transactions at a faster speed and cheaper fees. Omise, the parent company of OMG Network, was founded in 2013 and has since provided blockchain-based cryptocurrency solutions to more than 6,000 users. Omise was named a "Fintech Rock Star" by Forbes in November 2016.

OMG Network is building a decentralized exchange, liquidity provider mechanism, clearinghouse messaging network, and asset-backed blockchain gateway. OMG Network is not owned by any one party. Instead, it is an open, distributed network of validators that enforces the behavior of all participants. It creates a proof-of-stake blockchain using the mechanism of protocol tokens to ensure execution of market activity by participants. This high-performance, distributed network enforces exchange across asset classes, from fiat-backed issuers to fully decentralized blockchain tokens. Unlike nearly all other decentralized exchange platforms, this allows for decentralized exchange between other blockchains and multiple blockchains.