The Omni Network has supported more than 7.5 million transactions and 400 thousand users with more than 30 ecosystem projects.
OMNI Network (OMNI) crypto asset is now listed on INDODAX on the BEP-20 network.
Interested in OMNI Network (OMNI) and how to buy it? Learn more before investing by reading below!
About OMNI Network (OMNI)
Omni Network is a Layer 1 blockchain network powered by the innovative dual Proof of Stake mechanism of restaked ETH and the native $OMNI token. This groundbreaking approach not only enhances the security and efficiency of the network but also lays the foundation for a seamless interoperability ecosystem.
At the core of Omni Network’s innovation lies its ability to deploy Omni rollup smart contracts, enhancing the interoperability of Ethereum Layer 2 solutions. By unifying these solutions into a single mechanism, Omni Network streamlines operations and unlocks new possibilities for developers and users alike.
The native $OMNI token plays a crucial role in driving the Omni Network ecosystem as the cornerstone of the platform’s DAO and Proof of Stake mechanism.
Challenges, Opportunities, and Utilities
Omni Network aims to address the growing issue of rollup diversification within the Ethereum ecosystem. Currently, Ethereum scales by utilizing various summarized data known as rollups. However, these rollups are isolated from each other, preventing Ethereum from becoming an integrated platform.
Omni Network provides a solution to this problem by building an innovative layer 1 blockchain architecture. This architecture allows systematic interaction between various rollups, providing unification for the entire ecosystem. Therefore, Omni Network integrates the separate rollups on Ethereum into a single interconnected platform.
In its development, OMNI’s advantages include:
- Unified Network: Allows developers to seamlessly work with various rollups.
- Innovative: There is huge potential for developers to innovate on the Omni Network.
- Integrated finance: Ethereum token users can access the liquidity of the global blockchain ecosystem through Omni Network’s integrated rollup system.
- Valuable user experience: Users can use a single token to make transactions across different blockchain networks.
- Integrated platform: Allows users to move beyond a single-rollup, single-user base system. Users can now work with different rollups on the same platform, the Omni Network.
The utilization of OMNI includes:
- Governance: Token holders have exclusive voting rights for decisions governing the Omni Network.
- Staking: OMNI tokens can be staked to help increase the security of the network.
- Transaction fees: Users can pay transaction fees on the Omni network using OMNI tokens.
- Gas abstraction: Unlike other apps, users can pay fees for any rollup using OMNI tokens.
Founder and Investor of OMNI Network (OMNI)
Austin King is the Co-Founder of OMNI Network. Austin studied computer science at Harvard, built the interledger network which processed 10 billion payments, sold his first company to Ripple and leads Omni labs as CEO.
With fundraising of $18,000,000, OMNI is backed by investors and venture capitals such as Pantera Capital, The Spartan Group, Hashed Fund, Jump Crypto, Two Sigma Ventures.
Crypto Asset Ranking Information
As of April 22, 2024, the CoinMarketCap ranking of OMNI Network (OMNI) is #238, with a market cap of USD 275,336,641. It has a circulating supply of 10,391,492 OMNI and a maximum supply of 100,000,000 OMNI.
How to Buy OMNI Network (OMNI) on INDODAX
Now that you’ve discovered more about OMNI Network (OMNI), you can start investing in OMNI Network (OMNI) easily and securely on INDODAX.
You can access INDODAX via the INDODAX Mobile App, which can be downloaded from the App Store or Google Play Store, or by visiting the INDODAX website.
To buy OMNI Network (OMNI) crypto asset on INDODAX, follow the steps below:
- Register on INDODAX if you are not yet an INDODAX Member or login to your INDODAX account
- Then, deposit by reading how to make a deposit below
- After making a successful deposit and the balance has been credited to your INDODAX account, visit the INDODAX market
- Search for OMNI in the IDR market, and click to visit the crypto asset page
- On the crypto asset page, enter the balance and desired OMNI purchase price, or buy instantly at the current price
- Next, you should wait for the price to increase for some time
- Once the price increases, your assets can be sold at a higher price with the Instant method
- If you use the Limit method to sell, make sure to place a sell order after purchasing the asset and enter a higher sell number
INDODAX also offers other features than trading, such as INDODAX Earn which allows you to lock crypto assets and earn interest rewards, and INDODAX OTC for large crypto transactions in a more personalized and secure way.
Let’s invest in OMNI Network (OMNI) on INDODAX now!
