What is Omega One?
Despite massive growth in crypto markets, exchanges remain illiquid, fragmented, costly to trade on, and open to theft by hacking.
Omega One solves these problems by providing a decentralized automated execution system that trades across the world's crypto exchanges, shielding our members from counterparty risk and reducing the costs of trading.
By radically increasing the liquidity of crypto markets, we are laying the foundation for their maturation as an asset class, and building the financial system of the future.
Overview of Omega One
A secure, efficient, decentralized and digitally native global financial system is being born on the blockchain. It will restructure global power dynamics and fundamentally impact tomorrow’s world. Our mission is to facilitate the birth of this new financial system and to shape it for the common good.
By solving the problem of creating scarcity in a purely digital space without the need for centralized power to create trust and security, the blockchain enables a distributed market of value that makes it possible to automate most functions of the financial services industry in a more transparent, efficient, secure, and decentralized way. Omega One will build out the investment architecture of these natively digital asset markets, improving their viability as a foundation for the new financial system and helping to shape that emerging system toward better societal outcomes.
Despite massive growth in crypto markets, exchanges and other market intermediaries remain illiquid, fragmented, costly to trade on, and open to theft by hacking. Omega One solves these problems by providing traders, investors and institutions with a decentralized automated trade execution system that intelligently implements their trades across the world's crypto exchanges, shielding them from counterparty risk and reducing their costs of trading. By radically increasing the liquidity of crypto markets, we are laying the foundation for their maturation as an asset class and building the financial system of the future.
Our decentralized, automated trading intelligence interfaces between crypto exchanges and blockchains, using our balance sheet to enable our members to realize liquidity many times greater than available directly in the market, by both generating liquidity within the platform and breaking orders into small pieces that are placed across all market venues simultaneously.
By giving this trading intelligence its own balance sheet, cold storage vaults, and insurance, Omega One also intermediates trust between blockchains and exchanges, allowing trading members to retain custody of their funds. For ERC20 tokens initially, and eventually across all blockchains, Omega One provides pure trustless atomic swaps in settlement of orders and mediates risk between its members and the markets.
Omega One operates using a cryptoeconomic protocol, mediated by the Omega Token (OMT), a cryptographic token that provides membership access and is used to pay trading fees. Higher balances of OMT allow members access to preferential liquidity treatment and discounted trading. OMT will be an Ethereum (ERC20) tradable asset. Tokens will be sold to members initially in a token auction, and then after launch on an ongoing basis.
By solving liquidity and trust problems, foundational requirements for any financial system, Omega One will reduce barriers to capital flow into and between crypto assets, improving the efficiency and viability of the emerging crypto economy, smoothing market booms and busts, and enabling the development of more sophisticated capital allocation structures.