A quick look at cryptocurrency #2 OmiseGO

• OmiseGO is a token based on Ethereum built by a company called Omise. This company is focused on managing payments in South-East Asia. Their main goal is to introduce payments via mobile phones and general improvement of payment system.

• Right now in countries such as Thailand, Vietnam, Laos, Indonesia and Malaysia there is a massive problem in money transfering. In those countries only ~25% of people have a bank account, but ~65% of people own a smartphone. That creates the situation, that the only way to transfer money is via Western Union(expensive and time-consuming) or to employ someone to take your money and physically carry them all the way to their destination(same situation).

• Omise has been working on introducing their payment system already for 4 years and are employing more than 100 people.

• Team behind OmiseGO is way above average. 2 outstanding names are Vitalik Buterin (Founder of Ethereum) and Julian Zawistowski (Founder of Golem).

• OmiseGO is officially supported by the government of Thailand

Let's move on to the part that you like the most:

• OmiseGO was launched on 14th of July 2017
• Starting price $0.53
• Lowest price $0.35
• Highest price $13.53
• Current price $7.29

Investment aspect:

• It is a good project with a great developers
• It has a proof of stake feature, which means, that you receive OmiseGO for keeping it in your wallet. Unfortunately, there is no concrete data about amounts of percentages.
• Long-term sounds very reasonable, not so much potential short-term
• No official wallet, though you can use MyEtherWallet

That's it for today's quick review. Let me know what do you think about this format of showcasing general information about cryprocurrencies. Looking forward to your feedback!