I don't get the valuation for this project.
Value of this project:
-Coop with Ethereum ,but not against it
-Backed by allstar dev team Vitalik, Joseph Poon, Gavin Wood
-The first blokchain company with FacePay technology
-Thai Ministerium of Finance partner.
-Have allready signed a partnership with McDonalds. More companies are coming.
I think it is enough to get some OmiseGo before main release in the begining of 2018.
Yes fancy names and lofty ideas, but you keep ignoring the fact that it's centralized. The day the goverment decides this is not in their best intrest they will shut it down. Also it's not an algorithm you are trusting, but a company.
This handles your centralized worry:
https://www.reddit.com/r/omise_go/comments/6xzcbl/the_chinese_announcement_may_be_pertinent_to_omg/dmjm9jn/
"Mainland China has the most advanced and well-integrated digital payments infrastructure in Asia, with hundreds of millions of people using financial service company-controlled tokens for payments daily. The digital tokens prohibition refers to decentralized currencies and actually dates back to December 2013, when merchants were prohibited from pricing goods and services in Bitcoin (and banks were told to not provide services to companies that dealt in cryptocurrencies). The OMG network is currency-agnostic and the open-source, white-label digital wallet framework we provide will allow financial service companies to select what services they provide their end-users, in compliance with the regulations they must follow.
In short, not bad news for us. We'll keep on OmiseGOing
"Also, regardless of whether you were trusting an algorithm or a company, what exactly is the problem in trusting a company (Omise) that last I checked already sees billions in revenue pass through it yearly
