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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: ashapasa on July 13, 2016, 07:28:40 PM



Title: Omni marketcap and volume question?
Post by: ashapasa on July 13, 2016, 07:28:40 PM
Can someone knowledgeable about Omni layer help me understand why marketcap is so small and volume so little.
If I am not mistaken tether is built on it as well as maidsafe coin wallet which are both successful, so why is the platform which they use be of such low value.


Title: Re: Omni marketcap and volume question?
Post by: StarenseN on August 09, 2016, 02:51:44 PM
That's a great question, it looks indeed way underpriced given the fact how successful apps are running on it.

Check more infos here: https://bitcointalk.org/index.php?topic=558012.msg15860340#msg15860340



Title: Re: Omni marketcap and volume question?
Post by: DGulari on August 09, 2016, 09:15:53 PM
That's a great question, it looks indeed way underpriced given the fact how successful apps are running on it.

Check more infos here: https://bitcointalk.org/index.php?topic=558012.msg15860340#msg15860340



And each day, more people rely on the platform to issue new tokens.  

Another remarkable first just happened on Omni.  Bitfinex issued 'debt' or 'IOU's as BFX tokens on Omni.  

With every trade, Omni holders get a small payment.  Just by holding Omni, you are a kind-of miner.

The whole thing lives on the bitcoin blockchain for security.  Awesome system.

Tether trades over $1million per day on average now.  Another Omni product.  
Maidsafe exchanged well over $1.3 million today via Omni.