r/omise_go•
Leobaa

Tenx vs OmiseGo / competitive analysis

Hi everyone, I'm trying to learn more about these technologies and they seem to solve the same problem: decentralized payments without Fiat and using your crypto currencies in merchants worldwide.

If you are investing in both of them I think it might be risky in case one goes very well and steal the market cap from another.

Anybody can help me figuring it out:

  1. If they are really competitors
  2. The key competitor advantages of both.

As far as I can tell:

  1. They are 2.a omisego: strong support from eth community, faster ( plasma.io), McDonald's contract in Thai ( can scale to the entire world and snowball after that) 2.b: tenx: iOS app being rolled out this month, works with visa/ Mastercard so pretty much would be accepted by any merchant.

Since they are tokens not currencies, their market cap seems pretty high already ( I'm assuming it would be dificult to go more than 2x of today's value)

Would love to hear your thoughts

Tks,

Posted Aug 14, 2017, 7:43 PM UTC

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