OMG Network (OMG) is a cryptocurrency that operates on the Ethereum platform, designed to improve transaction scalability and efficiency.

What are the risks associated with transferring OMG?

Digital asset prices can be volatile. Users should verify contract addresses and networks before transferring assets, and understand the risks of custody and counterparty issues.

How can I verify the OMG Network asset?

Verify the asset name, network, and contract details before transferring. Ensure the destination address is correct.

Where can I find official resources for OMG Network?

Official resources for OMG Network can be found at its website [OMG Network](https://omg.network/) and its technical documentation [here](https://docs.omg.network/).

OMG Network (OMG)

Rank #1078

Market snapshot

Price: N/A
Market cap: N/A
24h volume: N/A
Circulating supply: N/A
Total supply: N/A
Max supply: N/A

What is OMG Network?

OMG Network (OMG) is a cryptocurrency that functions on the Ethereum platform. It aims to improve the scalability of Ethereum by utilizing a technology known as state channels, allowing for faster and cheaper transactions.

Key information

Symbol: OMG
CMC rank: #1078
Network / platforms: Ethereum
Categories: State channel
Date added: Jul 14, 2017

Contract address

Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.

Ethereum
0xd26114cd6ee289accf82350c8d8487fedb8a0c07

Official resources

Risks

Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.

Transfer and custody notes

Verify the asset name, network, and any supplied contract details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.

FAQ

What is OMG Network?: OMG Network (OMG) is a cryptocurrency that operates on the Ethereum platform, designed to improve transaction scalability and efficiency.
What are the risks associated with transferring OMG?: Digital asset prices can be volatile. Users should verify contract addresses and networks before transferring assets, and understand the risks of custody and counterparty issues.
How can I verify the OMG Network asset?: Verify the asset name, network, and contract details before transferring. Ensure the destination address is correct.
Where can I find official resources for OMG Network?: Official resources for OMG Network can be found at its website [OMG Network](https://omg.network/) and its technical documentation [here](https://docs.omg.network/).

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