in this dashboard I want to analysis the OMG.

as you see I found the top 4 token that have the most transaction number in the ETH network and by compare of the OMG you can see that just about 1 % of the transaction related to the OMG.

as you see transaction number of the OMG is not as more as the top , and at the same time this number is not as low as the button, and we can say that average of the OMG is in in the middle and I decide to analysis the OMG because of that.

so, lets start to the analysis.

in this part I want to show you you the slope of the OMG, and after this I want to compare this with the other block like transaction number and so on.

by look at the graph you can see that price of the OMG decrease by the time as a total view.

for the the future we should wait and see the result it may back to the upper price or it may decrease again.

by attention to the chart I see that price of the OMG is look like the ETH and it can be impact from that.

after this part I want to found the impact of the ETH transaction on the OMG and also opposed of this.

in this part I want to analysis the number of the transaction and found impact of the total network on OMG and opposed.

by attention to the 12 May we see that OMGs transaction increase has impact on ETH but in the low level, and you can see this in the other days, I just make you a example.

and as you see by the time transaction number of the OMG decrease, and by compare of this with the price amount we can see that transaction number may impact on the price of the token.

as you see we get the important thing so lets continue to the analysis.

in this part I want to analysis the event type of the OMG.

wow you can see that 99.5 % of the transaction related to the swap.

and we can say that all the transaction related to swap, so I want to check the impact of the swap on the ETH network.

in this part I want to analysis the swap amount of the OMG and impact of the OMG on total network.

again like previous part we can see that OMG has impact on the ETH.

I want to make the example as you see in the first of the year OMGs swap has movement to up nd dawn, and yo can see that there is no movement on the ETH, so we can say that ETH have no impact on OMG but as a total view I see that both of them by the time increase, and at this time we see that OMG in the swap part has impact on the ETH.

and we see that swap graph has the opposed action with the price graph.

after this part I want to analysis the exchange of the eth and OMG.

we know that in this part number of the exchange that related to OMG is very low and you can see this result in this graph.

we can not earn more detail from this graph and I know this from the total view, but I want to show you.

let’s continue.

in the part of the event name again we can see that most of the transaction related to the transfer and just lower than 5 percent of them relate to approval,

again I want to found the impact of this action on ETH by the time.

please follow me up to the end.

in this part I want to analysis the transfer amount with the OMG and ETH.

as you see both of them has the opposed effect on each other, when ETHs transfer by the time increase you see that OMGs decrease.

and we can say that transfer amount may impact the price graph by the time but as you see this effect is in the low range.

I want to check the approval and impact of that at the final step.

lets finish this.

conclusion

in this dashboard I check the OMG and found the impact of them in the total network.

the result is :

• total transaction of the OMG is in the middle range, no more no less.
• price of the OMG by the time increase from first of the year, it may be because of the ETH. (price chart of OMG has similar to the ETHs price chart)
• transaction number of the OMG may impact on the price of the token because both of them decrease by the time.
• more than 99 % of the transaction related to the SWAP.
• swap graph has the opposed action with the price graph because by the increase of the swap amount price of the OMG decrease.
• exchange of the OMG has no any impact on the ETH. (low than 0.5 % of the transaction related to the exchange)
• more than 95 % of the transaction related to the transfer and just low than 5 % related to the approval.
• ETH and OMG in the transfer amount has the opposed effect on each other.
• transfer amount of the OMG has the same impact on the price both of them by the time decrease.
• in the approval part we see that OMG has no impact on ETH or opposed. and approval amount has no any effect with the price graph.

thank you to following.

in this part I want to check the approval transaction and compare it with the total network.

as you see both of them at the same range have the movement, and we can not say that OMG has impact on ETH or opposed. and again there is no any effect with the price.

as you know this action that has no effect is very normal because just 5 % of the transaction related to this action. and you see that again the analysis is true.

after this part I want to give you the conclusion to better understanding.

in this dashboard :

I want to check the OMGs

1- impact of the transaction on ETH and compare them with price,

2- impact of the swap on ETH and compare them with price,

3- impact of the exchange on ETH and compare them with price,

4- impact of the transfer on ETH and compare them with price,

5- impact of the approval on ETH and compare them with price,

6- compare the swap and exchange,

7- compare the transfer and approval.

What is OmiseGO (OMG)?

OMG Network, formerly OmiseGo, is a non-custodial, layer-2 scaling solution built for the Ethereum blockchain. The OMG Network runs as a single block producer, called a Proof of Authority (PoA) chain. OMG creates a value transfer layer on top of Ethereum that bundles together Ethereum transactions and validates them through a speed-optimized child chain before sending them back to the Ethereum blockchain for confirmation.

This allows the transactions to be verified in batches instead of individually allowing users to enjoy much better speeds and significantly lower-cost transactions than using Ethereum directly. \n The OMG Network is run by its parent organization Omise, a company facilitating cross-border payments within Southeast Asia.

How does OMG Network work?

OMG Network uses the Plasma Childchain architecture, MoreViable Plasma, which works by grouping transactions off-chain into a merkle tree before periodically sending a “root hash” containing the transactions to the Ethereum mainnet.

A decentralized set of watchers observe the child chain and the block producer to ensure it accurately confirms network transactions. Watchers check that the child chain conforms to the protocol and does not withhold blocks, or tamper with transaction ordering – ensuring the safe facilitation of assets for OMG users.

The OMG Network utilizes the OMG utility token as one of the payment methods for fees on the OMG Network and it will be used for staking in OMG’s Proof-of-Stake system, allowing users to help secure the network in return for rewards.

Who Are The Founders of OMG Network? (History of OMG Network)

The OMG Network currently consists of a team of more than 50 employees in various locations across the world. The current CEO is Vansa Chatikavanij and OMG operates as a subsidiary of SYNQA – a Thailand-based fintech firm that was formerly known as Omise Holdings.

Chatikavanij held the role of managing director at the company until 2019, prior to her promotion to CEO, which she still is to this day. Stephen McNamara, former head of blockchain R&D strategy at Huawei Technologies, is OMG Network’s COO. Kasima Tharnpipitchai, a heavily experienced engineer and consultant, is the CTO of OMG Network.

The OMG platform is supported by $25 million in funding obtained by selling OMG coins during its 2017 initial coin offering (ICO) by founders Jun Hasegawa and Donnie Harinsut. OMG Network’s parent firm SYNQA additionally raised a further $80 million in Series C funding – and was supported by several major investment firms, including Toyota Financial Services Corporation and Sumitomo Mitsui Banking Corporation.

What Makes OMG Network Unique?

OMG Network believes that Ethereum’s significant speed and cost barriers will need to be overcome before mainstream businesses and people will consider building their cryptocurrency products and applications on the Ethereum network.

OMG Network’s Plasma will get rid of unnecessary data in the root chain. It will handle smart contracts much like its foundation, Ethereum, but will only broadcast completed transactions to the public Ethereum chain. This saves an enormous amount of processing power and memory for the chain’s participants, reducing the cost to interact with the system’s other participants by around 2/3. It will also speed up transactions enough to let decentralized apps run without worrying about backlog.