omchain Price (OMC)

What is omchain?

omchain is an EVM compliant PoA blockchain that uses IBFT2 consensus algorithm. The block interval of omchain is 2 seconds and the block gas limit is 50 million. omchain provides the infrastructure for business level needs.

What is omchain’s native asset? (OMC)

omchain’s gas token is named OMC and bridged to ETH/BSC/AVAX networks as ERC-20/BEP-20/ARC-20 tokens.

How is OMC used?

OMC is used for paying transaction fees on the omchain. omchain have the following features;

• EVM Compatibility: Proven security, established tech stack, tools, standards and enterprise adoption
• Scalability: Always low transaction fees and side chain integrations enable highly scalable blockchain infrastructure for enterprise grade needs.
• Security: Audited, open-source software and consensus mechanisms enable secure infrastructure
• User Experience: Immediate transaction finality allows real life applications to be integrated with blockchain
• Developer Support: Not just the infrastructure but necessary tools required by the blockchain is also provided, such as mobile wallet and blockchain bridge.

Interactions with the omchain is done with OMC just like how any other gas token works.

How many OMC are there in Circulation?

The total supply of OMC is 495M and only 105M of tokens were sold and/or distributed on airdrop. 100M of tokens were locked in a smart contract until 2024 as a team share, 20M of tokens were reserved for the company's usage and around 270M tokens will be used for staking rewards and airdrop campaigns.

Who is behind omchain?

Open Money who leaded the omchain’s ICO was founded in October 2020 and located in IT Valley of Turkey, providing blockchain solutions and multi-chain hybrid assets as well as a blockchain bridge. Open Money aims to solve real life problems utilizing blockchain and transforming auditing into production. Open Money's vision and products are not just limited with De-Fi solutions but with the main focus of building solutions for manufacturing, stock and logistics management as well as establishing trust between individuals and businesses.

Where can I buy OMC?

You can purchase OMC from MEXC and Bitget with USDT.

What is omLink?

omLink is the token bridge that allows users to bridge OMC from ETH-BSC-AVAX and omchain networks. Head to the https://bridge.omchain.io for bridging your OMC with ZERO fees.