{"id":254,"date":"2021-03-09T22:40:38","date_gmt":"2021-03-09T22:40:38","guid":{"rendered":"https:\/\/investapal.com\/TV\/?page_id=254"},"modified":"2021-03-09T22:40:38","modified_gmt":"2021-03-09T22:40:38","slug":"what-is-omg","status":"publish","type":"page","link":"https:\/\/investapal.com\/TV\/education\/what-is-blockchain-technology\/what-is-omg\/","title":{"rendered":"What is OMG?"},"content":{"rendered":"\n<p><em>OMG is a coin built on the Ethereum network looks set to ride ETH\u2019s coattails<\/em><\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"alignright\"><img data-recalc-dims=\"1\" height=\"169\" width=\"300\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/investorplace.com\/wp-content\/uploads\/2021\/02\/omg1600-300x169.jpg?resize=300%2C169&#038;ssl=1\" alt=\"OMG Cryptocurrency\" class=\"wp-image-1854668\"\/><\/figure><\/div>\n\n\n\n<p>Source: Wit Olszewski \/ Shutterstock.com<\/p>\n\n\n\n<p><strong>Approximate Market Cap:<\/strong> $1 billion<br><strong>Year Established:<\/strong> 2017<br><strong>Cost Per Transaction:<\/strong> Nominal<br><strong>2020 Return:<\/strong> 280%<br><strong>Score:<\/strong> \u2605\u2605\u2605<\/p>\n\n\n\n<p>Founded in 2017, OMG Network was built to help Ethereum gain scale. Rather than run every transaction on the Ethereum blockchain, the OMG network would use sidechains to group several transactions together before sending them to the main blockchain. These transactions are secured by OMG Network\u2019s coin, OMG.<\/p>\n\n\n\n<p>Despite its relative promise, however, investor interest in the OMG Network has been muted. Like Dai\/MakerDAO and other cryptocurrencies that rely on other blockchains, OMG has had trouble raising enough interest to create life of its own. Still, it\u2019s one of the handful of coins Robinhood tracks, making it a potential smaller break-out coin for 2021.<\/p>\n\n\n\n<p>Don\u2019t expect fireworks. But with enough investor interest from Robinhood, don\u2019t expect OMG to disappear entirely either.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>OMG is a coin built on the Ethereum network looks set to ride ETH\u2019s coattails Source: Wit Olszewski \/ Shutterstock.com Approximate Market Cap: $1 billionYear Established: 2017Cost Per Transaction: Nominal2020 Return: 280%Score: \u2605\u2605\u2605 Founded in 2017, OMG Network was built to help Ethereum gain scale. Rather than run every transaction [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":190,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"footnotes":""},"class_list":["post-254","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/investapal.com\/TV\/wp-json\/wp\/v2\/pages\/254","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/investapal.com\/TV\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/investapal.com\/TV\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/investapal.com\/TV\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/investapal.com\/TV\/wp-json\/wp\/v2\/comments?post=254"}],"version-history":[{"count":1,"href":"https:\/\/investapal.com\/TV\/wp-json\/wp\/v2\/pages\/254\/revisions"}],"predecessor-version":[{"id":255,"href":"https:\/\/investapal.com\/TV\/wp-json\/wp\/v2\/pages\/254\/revisions\/255"}],"up":[{"embeddable":true,"href":"https:\/\/investapal.com\/TV\/wp-json\/wp\/v2\/pages\/190"}],"wp:attachment":[{"href":"https:\/\/investapal.com\/TV\/wp-json\/wp\/v2\/media?parent=254"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}