OMNI Price Live Data
The Omni price today is $1.28 USD with a 24 hour trading volume of $218.00 USD. Omni (OMNI) is down 0.00% in the last 24 hours.
About
Omni (OMNI) is a blockchain powered, decentralized platform for the creation and trade of digital and tokenized assets. Also referred to as Omni Layer, the platform is ‘layered’ on top of the existing Bitcoin blockchain. Omni allows users to create their own virtual currencies, which can then piggyback on Bitcoin’s blockchain. This provides users with the token creation services of Ethereum, on the original and trusted Bitcoin blockchain.
Omni started out as Mastercoin back in 2013, before a rebrand in 2015. Omni was founded by J.R. Willet – the man credited with inventing the ICO with his Mastercoin launch.
Omni’s platform allows users to trade tokens and coins directly on their distributed exchange. OMNI tokens facilitate transactions on the network, and are used to carry out currency exchanges and trades. In theory, Omni could be used to trade in tokenized assets, tied to real world holdings such as property or gold, while still benefitting from the security protocols of the blockchain.