The Perfect Specimen
You know when you walk into a bar and see a perfect specimen of the opposite sex (or same sex depending on your preference) that fires off some mating lobe in your carnal brain you didn't know existed until just that perfect moment in time? Your mating neurons explode like a fireworks display, the likes of which would blind some Asian emperors when viewed with the naked eye, furiously toggling that epigenetic sexual deviant gene buried deep in your physiology between "on" and "full on".
This aforementioned specimen also happens to be funny, gorgeous, intelligent, honest and is open to your overtures.
Yeah? You ever get that?
I'm describing what happened when I fell in love with the perfect eh, erm... crypto "OmiseGo" yesterday that fulfills me in every way!
So what is OmiseGo
OmiseGo is a remittence, decentralized trading and wallet (fiat and crypto) all in one platform.
OmiseGo is the new crypto extension of an already up and running payment system across Asia (Japan, Indonesia, Singapore and Thailand) called Omise which remits roughly 500M USD on a daily basis across Asia.
- OmiseGo allows you to exchange between the crypto and fiat currency worlds. This is not an easy task right now.
- Pay remittences in whatever your fiat/crypto flavour of the moment is.
- Store all your fiat and crypto currencies in one wallet location.
I currently have 7+ wallets for instance and I'm registered on 5 exchanges. For new entrants to crypto's, this is really overwhelming.
Last but not least, the OmiseGo team have some serious financial and advisory muscle power behind them. SMBC is a huge conglomerate here in Japan as well as SBI who run the biggest retail trading platform in Japan. In addition the founder of ethereum (Vitalik Buterin), Golem Founder (Julian Zawistowski) and the lightning network co-author (Joseph Poon) are all part of the advisory team.
This crypto ticks all my boxes.
- They already have a mature, stable and functioning product. A payment system which is up and running and the licenses, approvals etc associated with cross boarder payment system. They just need to add the blockchain functionality.
- They have huge corporations backing them who are all too well aware of their potential and can add more money if need be in addition to using their relationships across Asia or globally to get things done.
- They have a great development team and some amazing names on their advisory list.
- There are a few competitors in different areas (wallets, payments and exchanges) but none that do it all together. This is unlike anything out there and OmiseGo could easily dominate this space. That is, they have first movers advantage.
- McDonalds Thailand have announce that they will use the omise payment system across Thailand (i.e. Accepting cryptos as a payment mechanism through the omise payment system). This will surely be the first of many.
- The coin has went from nowhere in July to ranking #13 on coinmarketcap with a market cap of over 800,000,000 USD today, merely a month+ later. That is, people are buying all the dips. This coin is only going in one direction and it isn't down.
- Last but not least, Clif High is a believer.
They say "don't put all your eggs in one basket" and while that's true, I believe in love at first sight so I'll be putting most of my eggs in this basket. That's not to say you should though...