Buy Verified Omgfin Account from Us
What is a Omgfin Account?
OMGfin is the pioneer in building a trading system for digital assets focused on young investors and social network. By connecting with professional investors. Our goal is to bring together a community of traders who share experiences and help each other achieve their individual profit goals.
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What is Omgfin cashback program (OCP) ?
OCP is a kind of reward that we return to customers to encourage customers when they share their purchases and sales with friends.
What kind of Crypto will received from cashback?
You will receive the same crypto money you have made. For example, if you trade bitcoin you will receive an amount of btc after the transaction has completed.
What are the conditions for receiving rewards?
1. You must share your deal for a certain number of people. And those you share must also execute your same transaction. (The system will not work if you create fake sharing transactions)
2. The total transaction amount must meet the specified threshold.
What is an Initial Exchange Offering (IEO)?
In 2018, an alternative to ICOs appeared – Initial Exchange Offerings (IEO). The main difference between these methods of attracting funding lies in the critical role of the exchange, which selects promising and viable projects(in its opinion).
With an ICO, a listing of tokens on the exchange may be delayed by several months after the completion of the token sale, and usually, projects lose a lot of hype during the process. In the case of IEO, the exchange is initially the critical partner of startup. So, it can issue tokens and sends them to the exchange. That, in turn, distributes digital assets among interested investors who are verified users of the trading platform.
Instead of the usual ICO, where investors send funds to a smart contract, an IEO participant needs to register (and, as a rule, verify) on the exchange, transfer funds to the account and after starting the token sale, purchase coins from the exchange directly.
The agreement between the exchange and the organizer of IEO may contain various conditions: the maximum sales cap of tokens per investor, a predetermined asset price, hard cap,soft cap, the percentage of sales and a fixed amount of funds for the trading platform, the distribution of marketing costs, etc.
The scope of the Initial coin offering has developed rapidly over the past few years, but by the end of 2018, it had almost exhausted itself.
The reasons for this are legal uncertainty, non-fulfillment of promises, bankruptcy of many projects, fraud and the lack of mechanisms to protect the rights of investors as well as the tightening of measures by financial regulators.
Maybe an improved method of raising funds will become a natural result of the ICO boom and will repeat its success, thereby restoring confidence in token sales.
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