What Is OMAX TOKEN (OMAX)?
OMAX is a community-driven token which was launched on 3rd of November 2021 in binance network with the
intention to have its own blockchain to educate the next
generation of investors and make crypto simple and safe for everyone.
OMAX is one of the fastest growing projects which is
moving from BEP20 to their own network (blockchain
OMX20) which is also a EVM compatible. It is way ahead of the roadmaps and the blockchain is already on testnet and open for public testing with 67K TPS with estimated 85K+
TPS on mainnet. Omax testnet was launched on 3rd of April 2022. OMAX mainnet is scheduled to launch by the end of
July 2022.
It further plans to launch a marketing campaign on Twitter
to raise awareness and reach 100,000 holders. That will
likely go hand in hand with launching of their blockchain.
OMAX was advertised in Times square NY and famous
celebrities promoted across the globe. Promotion videos
can be found in the social media.
What Makes OMAX Unique?
In contrast to many other coins, OMAX promises to feature a complete ecosystem that gives its token real value. Its
blockchain, Ecommerce integration, Crypto card.
By integrating the Blockchain into popular e-commerce and shopping cart platforms, OMAX aim to grant users the
ability to easily complete their everyday purchases using
their crypto currency balances.
OMAX is headquartered in DUBAI, UAE because of its
friendly crypto law. The developers are from Australia and United Kingdom. They have a plan to launch the OMAX
exchange in early 2023.
How Many OMAX Tokens (OMAX) are there in Circulation?
OMAX has a total supply of 10 billion tokens. 4% of that was already burned. In addition, OMAX follows the patented
approach of deflationary tokens by burning 4% of each
token at a BUY&SELL transaction. Doing that, the team
wants to constantly shrink the existing token supply and
increase the value of OMAX.
How Is the OMAX (OMX 20) Network secured?
OMAX Chain relies on a system of PoS consensus that can support short block time and lower fees. The most bonded validator candidates of staking will become validators and
produce blocks. The double sign detection and other
slashing logic guarantee security, stability, and chain
finality. The OMAX Chain also supports EVM-compatible
smart contracts and protocols. This is the native and only
usable currency in the OMAX ecosystem.
