ABOUT OMAX COIN

The OMAX cryptocurrency, also known as the OMAX COIN. The coin adopts best practices from fiat currencies throughout the world, making it simple to use and extremely useful. The OMAX COIN is a tradable utilility payment coin thats created on the OMAX blockchain and adheres to industry standards and procedures.

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.

Features

OMAX COIN facilitates the transaction and brings them closer to a wider audience. An added benefit of OMAX COIN use is that it’s completely decentralized, so trading can be done freely across borders. The use of technology will facilitate a financial revolution that will leave everyone more financially connected, empowered, and enabled. OMAX COIN has no border so these can be used no matter where you are located globally. This also has a huge effect on international payment fees. Traditionally international transfers have much higher fees than domestic transfers and payments. International payments and transfers with crypto are the same as domestic.

Redefining Investment Culture

The traditional way of investing involves detailed analytics, pattern recognition, and constant risk tolerance. OMAX COIN digital removes the need for critical thinking and having to make sophisticated decisions. Instead, we improve upon our ideas with a hybrid approach to Innovation.

Security

Safety, security, and trust worthiness are our top priorities. The many benefits that blockchain and smart contracts bring make it harder to go back to solutions that often failed. We thrive on the cutting-edge of secured technology solutions.

Wealth Reimagined

We believe in bridging the relationship between what investors need and the distance they’re from it. So we've entered the blockchain network to offer better opportunities starting with the OMAX COIN .

Less Risk, More Reward

Earn rewards by staking and becoming a validator. Validators are rewarded with the fees earned from each block's transactions to encourage more staking.

OMAX eCommerce Integration

By integrating our Blockchain into popular e-commerce and shopping cart platforms, we aim to grant users the ability to easily complete their everyday purchases using their crypto currency balances. OMAX Pay is a payment service that lets you pay in and/or receive cryptocurrency anywhere on an e- commerce platform and develop a widget that would be integrated with their website and provided payment solutions anytime. This product is powered by OMAX Coin based on our native blockchain solution.

Broader Market

Accepting cryptocurrency as a payment method will give you access to a whole new market of tech-savvy consumers who have created a community within the cryptocurrency market. Given the option to pay through a digital wallet platform allows you to dip into broader markets and appeal to consumers all around the world.

Fast Transactions

Unlike credit card systems that take a few days to batch out and process, cryptocurrency is processed immediately, giving you much quicker access to funds. Fast transactions can help streamline your business's cash flow.

Low Fees

Another benefit of offering cryptocurrency as a payment method are the low fees associated with each transaction.

More Security

After a customer completes a transaction with cryptocurrency it becomes difficult to reverse, unless you have the consent of the merchant. This offers retailers more security when it comes to eCommerce fraud, since there is no middle force, such as a bank, that is able to withdraw the funds from your account without your consent.

OMAX Testnet

Testnet is a part of our development process. Initially, new features are deployed to Omax internal devnet. Later on, they're moved to testnet, where we can battle-test different solutions together with our community

Bug bounty

We can't build a better blockchain without you. Help us get to the bugs before they get to us.

Early access

Get an exclusive look at what's happening behind the scenes. Be the first to know about new features!

OMAX Mainnet

WHY OMAX COIN

OMAX consensus protocol

The OMAX consensus protocol is designed to achieve the following objectives based on the aforementioned design principles: Blocking time should be competitive compared to existing blockchain network, i.e. 4 seconds or less. It takes a short amount of time to certify the finality of transactions, such as 1 minute or less. The block reward is collected through transaction fees and will be paid in OMAX. It will be compatible with EVM system as feasible. It enables the governance of contemporary proof-of-stake blockchain networks

OMAX Unparalleled Security

Every transaction, interaction, and exchanges safety, security, and trust worthiness are our top priorities. The many benefits that blockchain and smart contracts bring make it harder to go back to solutions that often failed. We thrive on the cutting-edge of secured technology solutions.

Transparency

With the OMAX COIN, each time exchange of tokens is recorded on the blockchain, an audit trail is present to trace where they came from. This can not only help improve security and prevent fraud in exchange related businesses, but it can also help verify the authenticity of the traded assets.

Extremely Scalable And Environmentally Sustainable

On-chain scalable solutions use techniques, whereby the elements of the blockchain like blocks are modified. One such solution is increasing the size of the block to a very large size.

The performance-sustainability balance is achieved through a combination of novel approaches, including multi-ledger, side chains, and parallel transaction processing through multi-party state channels.

Bridging Defi and Blockchain Systems

OMAX COIN is a decentralized platform that has decided to connect with Defi and blockchains, allowing users to learn coding skills, as well as investors, can launch their projects on our launchpad. OMAX COIN is the first learning plate for developers without the intervention of a centralized authority. The field is constantly expanding, and one of the main roadblocks to growth has been the lack of learning platforms in blockchain.

Lower Fees

The fees associated with OMAX COIN transactions are far less than those associated with debit, credit cards as well as wire transfers, and BACS payments.

Transaction traceability

OMAX COIN is far more secure than other record-keeping systems because each new transaction is encrypted and linked to the previous transaction. OMAX COIN is formed by a complicated string of mathematical numbers and is impossible to be altered. This immutable and incorruptible nature of the OMAX COIN makes it safe from falsified information and hacks once formed.

Ease to use

Ease of use is the reason why OMAX COIN has value. All you need is a smart device, an internet connection and instantly you become your own payments and money transfers.

Open for global participants

OMAX COIN facilitates the transaction and brings them closer to a wider audience. An added benefit of OMAX COIN use is that it’s completely decentralized, so trading can be done freely across borders. The use of technology will facilitate a financial revolution that will leave everyone more financially connected, empowered, and enabled. OMAX COIN has no border so these can be used no matter where you are located globally. This also has a huge effect on international payment fees. Traditionally international transfers have much higher fees than domestic transfers and payments. International payments and transfers with crypto are the same as domestic.

Free from corporate and government interference

OMAX COIN transactions have no intermediary institutions or government involvement, the costs of transacting are kept very low. Additionally, any transfer happens very quickly, eliminating the inconvenience of typical authorization and waiting period requirements.

The efficiency of payment transactions

Standard transfers and foreign purchases typically involve fees and exchange costs. Since OMAX COIN transactions have no intermediary institutions or government involvement, the costs of transacting are kept very low. Additionally, any transfer happens very quickly, eliminating the inconvenience of typical authorization requirements and wait periods.

VALUES OF OMAX ECOSYSTEM

Community

Community is the number one value of the OMAX ecosystem. In the beginning, we asked if a project could succeed on the back of a decentralized, community effort. OMAX prevailed due to the strength of its community members and investors. Our collaborative, Like-minded community is the bedrock of the project.

Utility

We believe utility is the foundation of value in the crypto space. OMAX was founded on the principle that the crypto space is greatly lacking in utility. OMAX coin is integrated in the following utilites:

  1. Vending machines
  2. POS terminals
  3. Flight and Hotel bookings
  4. (more to come)

Inclusivity

OMAX values provide everyone equal access to opportunities and resource.

Interconnectivity

Simply put, all parts of a system interact with and rely on one another. OMAX believes in creating an interconnected system based on trust and reliability, that together is greater than its individual parts..

CORE VALUES

Transparency

For far too long, cryptocurrency projects have gotten away with unscrupulous tactics and secret development teams. With crystal defined objectives, a face for each member of our fantastic and ever-growing staff, and trackable accounts displaying what we spend through our development wallet, we aim to blow the roof down.

Stability

We want to provide a stable developing platform that incentivizes users to keep the currency to earn incentives by using our unique and fresh tokenomics embedded into our smart contract. From the start, each of the core development team's wallet addresses will be accessible on the website, allowing anybody to view their transactions at any moment.

Fairness

Our consensus approach, coupled with our unique ecosystem, will result in the most fair and transparent economy ever seen in the blockchain. Improving fairness can prevent validators from monopolizing the network, which decreases the risk of adversarial control of a blockchain. Our Ecosystem will ensure every Omax coin holder will be rewarded for their staking regardless of the size of staking.

OMAX COIN NFT

OMAX COIN NFT is a one-of-a-kind, transferable asset created on the blockchain. We are going to revolutionize the way of collecting charity by releasing the NFT's. NFTs' basic characteristics provide them a distinct value and categorically distinguish them from other forms of assets. These characteristics include verifiably uniqueness and indivisibility. Because the underlying code is transparent, the scarcity and ownership of any given token can be determined without the use of a trusted middleman. The rise of NFTs, in our opinion, is part of a larger paradigm shift away from centralized to decentralized systems.

Our NFT holders will get the following rewards Some of the advantages of OMAX COIN NFT include:

Authenticity

The advantages of non-fungible tokens are essentially determined by their rarity. NFTs are created on the blockchain, which means they are tied to one-of-a-kind data. The particular qualities of NFTs reveal their ability to add value. Simultaneously, NFT manufacturers have the option of releasing a restricted number of NFTs to create supply scarcity.

Ownership Rights

The primary benefit of non-fungible tokens is the ability to prove ownership. NFTs can assist in linking ownership to a single account because they are on a blockchain network.

Fraud proof

They are easily transferred and unaffected by fraud.

ROADMAP

OMAX is fast, low-cost, and secure. This will allow steady growth as we develop our own Blockchain.

2022

  • Testnet
  • Mainnet
  • Ecommerce Integration

2023

  • OMAX Exchange