Projects listed: 276 |
BTC Dominance: 0.00% | Volume (24h): $44,205,881,027 | Market Cap: $2,508,533,457,912
Omega Network
OMN
$0.00
Sector
Interoperability
Exchange Debut
2023-06-15
Market Cap
485,471
Maxim Supply
970,000,000
Circulating Supply
202,410,000
Circ. Supply(%)
20.87%
Omega Network
OMN
Price
$0.00
Market Cap
Sector
Exchange Debut
Volume 24h
High 24h
Low 24h
59229
0.002576737722
0.002356671718
Change 24h
Change 7d
Change 30d
-1.7745
-32.1921
-29.1715
Maxim supply
Circulating supply
Circulating supply(%)
970,000,000
202,410,000
20.87%
The opinion of artificial intelligence (AI), based on the fundamental analysis of the Omega Network cryptocurrency:
Omega Network, is an innovative social chain leveraging cutting-edge cryptographic technology. Aiming to offer a stable, high-performance social platform, Omega Network provides its users with the ability to communicate, share information, and make payments securely. Our fundamental analysis of the Omega Network cryptocurrency reveals a final score of 5.02 out of 10, indicating some strengths but also areas that need improvement.
SOCIAL & MASS MEDIA: Score 7.65 out of 10
The Omega Network has a vibrant online presence, with impressive scores in attracting followers, administrator activity, community activity, and chat group sizes. However, its media presence is lagging behind, pulling down the overall score. To maximize its potential, Omega Network should focus on improving its media visibility.
AUDIT & SECURITY: Score 4.93 out of 10
Omega Network’s score in audit and security reflects a moderate level of trustworthiness. The project exhibits transparency, but the audit results are average, and the liquidity on exchange platforms is sub-par. These aspects underline the importance of enhancing security measures and providing better liquidity to investors in the fundamental analysis of the Omega Network cryptocurrency.
TOKENOMICS: Score 5.35 out of 10
In terms of token economics, the project shows a centralized monetary mass but struggles with its inflationary nature. This indicates that while the control over the token distribution is robust, the project needs to manage its inflation better.
ECOSYSTEM DEVELOPMENT: Score 5.8 out of 10
The project exhibits promising signs in terms of achieving objectives and planning for new developments. However, to elevate the ecosystem development score, continuous progression and delivery on planned developments are necessary.
TEAM & DEVELOPERS: Score 2.1 out of 10
The score in this category indicates an area of concern. The experience of the team and the number of software developers are both rated low, suggesting a need for investing in experienced talent to help steer the project towards success.
PRODUCT & UTILITY: Score 4.4 out of 10
The utility of the product and tokens in the ecosystem are rated moderately, hinting at a need for clearer use-cases and compelling reasons for adoption within the community.
PARTNERS & INVESTORS: Score 3.25 out of 10
The final criteria, partners and investors, also exhibits room for improvement. The score suggests a need for attracting a larger number of capable investors and establishing quality partnerships.
Fundamental analysis of the Omega Network cryptocurrency – The final conclusion
The fundamental analysis of the Omega Network cryptocurrency presents a mixed bag of results. Its strengths lie in its social and media presence, token centralization, and commitment to ecosystem development. However, the project has significant room for improvement in its audit and security measures, inflation management, team experience, and partnerships. Potential investors should weigh these factors before deciding to invest in the Omega Network. The project has a promising framework but needs strategic investments in certain areas to truly excel. With the right improvements, it could offer a robust platform for decentralized social networking and potentially lucrative investment opportunities.
What is Omega Network?
Introduction to Omega Network
Omega Network is a groundbreaking open-source, decentralized payment technology. This project stands out by its commitment to the development of market infrastructure. An essential component of Omega Network is the wide range of application possibilities it offers, such as facilitating money transfers and assisting banks with credit distribution.
Underlying Technology and User Engagement
Taking a closer look at the fundamental analysis of the Omega Network cryptocurrency, the protocol has been designed to allow contributions at the device level. Users’ electronic devices, ranging from cell phones to laptops and computers, can be used to contribute to the network protocol and receive rewards. This feature broadens the reach of the Omega Network, ensuring wider and more diverse participation.
Innovative Social Chain and Decentralized Applications
The ultimate aim of Omega Network is to establish a robust, secure, and high-performance decentralized social platform. Leveraging advanced cryptographic technology, a highly scalable consensus algorithm, the network is capable of supporting a global user base. This enables seamless communication, data sharing, transactions, and the development of decentralized applications while providing a high level of personal privacy and data security.
- Latest analysis update: July 27, 2023
Omega Network - OMN performance
GENERAL CRITERIA:
Score
SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy
Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.
Audit & Security In particular, the team looks if the project is audited, how extensive the audit is, at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.
Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.
Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.
Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.
Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.
Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.
Go to Methodology
Content description
Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.
Audit & Security In particular, the team looks if the project is audited, how extensive the audit is, at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.
Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.
Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.
Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.
Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.
Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.
