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>>As far as I can tell, owning an OmiseGo token lets you do absolutely nothing. You know very well that the value of OmiseGo tokens is based on the token-compa
by CryptoPunk 9y ago
>>As far as I can tell, owning an OmiseGo token lets you do absolutely nothing.
You know very well that the value of OmiseGo tokens is based on the token-compatible platform they have said they are developing, and not what can currently be done with the tokens. Leaving out this point is disingenuous.
- Animats 9y agoIt's not clear that their own platform gives value to their own tokens. They talk about wallets on their platform holding BTC or ETH.[1] Their own token mostly funds them. [1] https://cdn.omise.co/omg/whitepaper.pdf https://cdn.omise.co/omg/whitepaper.pdf
- CryptoPunk 9y agoIt's absolutely clear, given the plan is to make OMG the staking token used for securing the OmiseGo sub-chain. It's right there in the abstract of the white paper: >>It uses the mechanism of a protocol token to create a proof-of-stake blockchain to enable enforcement of market activity amongst participants. It's no crime to be ignorant of a subject. It's intellectually dishonest to criticize projects while in such a state.