/biz/ - Business & Finance

Guys, I just found this amazing project called OmiseGO, made by payment processor Omise in Thailand. It's about building a world exchange for any and every asset type. It's difficult to comprehend how insanely huge this is so let's look at an example. Imagine you're at McDonald's in Thailand and want to pay for your menu using airline bonus miles. OmiseGO can do that! Entirely currency-agnostic, instant, game changing. And they even have a partnership with McDonald's, hehe. Isn't that amazing? What other crypto project has a partnership with McDonald's?

The thing is, with OmiseGO we can put every asset and every transaction on the blockchain because it will be able to do 1 million transactions per second to start, compared to a lousy 7 or whatever transactions that Ethereum can do today. The possibilities are endless.

They have this token where you can participate in the Proof-of-Stake network and earn a share of the payment fees. Omise is moving the existing customers to the network so it's gonna be huge from day one basically and tokens will earn massive fees. One analyst said the token could be valued at $700 soon. That's 500x from today's price! By moving to blockchain, fees can be lowered and they can disrupt the traditional payment and banking system which won't be able to compete. Their slogan fittingly goes: "Unbank the banked!"

The biggest events are yet to come. The founder hinted at partnerships with Apple and Google, which is going to be absolutely crazy. Needless to say they have some of the best minds in this industry, including Vitalik as advisor.

This is easily the most undervalued token in the whole crypto space. Feels like Bitcoin in 2011.