Our world is evolving, and the way financial services are provided and consumed is shifting with the growth of digitalization. Some companies and brands plan to take digitalization to the next level as technology disruptors. One such brand is OmiseGo (OMG).
Pronounced as 'Oh-Mee-Say,' meaning 'store' in Japanese, Omise is a payment solution entity that services the Southeast Asian market. Omise created OmiseGo (OMG) which operates on the Ethereum blockchain and is an interoperable decentralized exchange and payment platform. The primary goal of OmiseGo is to drive consumer adoption by delivering scalability, high transaction speeds, and eventually bridging the gap between fiat currency and cryptocurrency. OmiseGo is ideal for people without access to financial services, a significant issue, particularly in many emerging markets.
OmiseGo's payment solutions can also be custom used, easily and cost-effectively by businesses. Therefore, the company is strongly committed to implementing merchant and payment solutions, with significant progress in the Southeast Asian market already reported. OmiseGo continues to be endorsed by many companies and key players in the industry worldwide, thanks to its exclusive products.
Primereum is one such organization. As a 100% crypto-based online marketplace that advocates for the acceptance of mainstream cryptocurrencies, Primereum selected OmiseGo as one of the cryptocurrencies to be accepted on its platform.
Who Is Primereum?
Primereum is a decentralized ecosystem that offers a wide array of products including payment systems, point-of - sale systems and an online marketplace. Primereum also uses blockchain technologies, making it a competitive player by offering gateways and new and alternative methods of payment when compared with existing financial systems. The Primereum ecosystem is also driven by its flagship Primereum Fuel (PMF), and stable utility token that is anchored to 1 gram of gold.
How Can the OmiseGo (OMG) Community Benefit from Using Primereum?
More than 30 other cryptocurrencies like OmiseGo will be accepted on Primereum's online marketplace, in addition to its flagship token. Using a peer-to-peer business model, Primereum will also provide an open and shared economy that allows its customers the free flow of value transfer by linking buyers, sellers, affiliates, bounty hunters, business owners, partners, advertisers, using cryptocurrencies such as OmiseGo.
Primereum and OmiseGo have many things in common. Primereum’s products such as the remittance system also aims to target the same markets in Southeast Asia, which is one the emerging markets with a large unbanked population. Products like the remittance network by Primereum also seek to reach the same markets in Southeast Asia, which is one of the emerging markets with a significant unbanked population.
Firstly, any holder of OmiseGo tokens can be part of the Primereum community by becoming a merchant by selling goods within the Marketplace to other users. OmiseGo token customers can also use their coins to purchase the PMF tokens through the Fuel store, which can be used for all our platform services such as, the Marketplace, Wishlist And Remittance system. With the PMF tokens, customers can purchase products on the marketplace and exchange with other members. Additionally, the Wishlist system allows a customer to list a product they want to be purchased on their behalf, in exchange for the PMF token. When a product buyer chooses to purchase the item from the Wishlist, the balance of the PMF tokens offered by the customer interested in buying the product will be kept in the Escrow system. The marketplace will also include competitive affiliate and bounty programs that will provide attractive incentives for the engagement and promotion of the Primereum ecosystem.
PRIMEREUM is a simple and versatile way to use your OmiseGo tokens and shop online. If you’re part of the OmiseGo community, you don’t want to miss this chance.
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Cryptocurrency & Blockchain
A cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.