What is Omni Network (OMNI)

1. Project Introduction
It is a cross-chain infrastructure that unifies Ethereum's fragmented Layer 2 ecosystem by establishing a low latency and high throughput global messaging network for all rollups. It represents the Ethereum ecosystem's interoperability future, allowing developers to build applications that work across all rollups without fragmenting their liquidity. By enhancing security and simplicity through restaking, it further reduces fragmentation, enabling developers to easily build cross-rollup applications. It pioneers the use of ETH restaking to strengthen security and streamlines the development process by eliminating the complexity of cross-rollups for both users and developers. It utilizes Eigenlayer for Ethereum restaking functionality.
Summary: Omni Network's approach is to provide a unified infrastructure that supports different blockchain ecosystems to make transactions across various blockchains easier, faster, and more cost-effective. This network plays a critical role in bridging the gap between isolated blockchain networks and facilitating a more interconnected and multifunctional blockchain environment.
2. Team & Investment Info
Austin King, co-founder and CEO – He studied computer science at Harvard University, established an interactive payment network processing 10 billion payments, and sold his first company to Ripple.
Tyler Tarsi, co-founder and CTO – He built machine learning infrastructure for quantitative trading systems and studied applied mathematics as well as computer science and economics at Harvard University.
Funding: On April 26, 2023, it raised $18 million, with investors including Pantera Capital, The Spartan Group, Hashed Fund, Jump Crypto, and Two Sigma Ventures.
3. Social Media URLs
X: https://x.com/OmniFDN
Telegram: https://t.me/OmniFDN
Discord: https://discord.com/invite/bKNXmaX9VD
4. Token Info
Token Symbol: OMNI
Total Supply: 100,000,000
Token Type: ERC
Contract Address: 0x36E66fbBce51e4cD5bd3C62B637Eb411b18949D4
Token Distribution:
Team: 25.25%, 1 year cliff, 3 years vesting
Investors: 20.06%, 33% unlocked at TGE, 1 year cliff, 2 years vesting
Airdrop: 9.27%, 100% unlocked at TGE
Advisors: 3.25%, 1 year cliff, 2 years vesting
Ecosystem: 29.5%, 4 years vesting
Community: 12.67%, 4 years vesting
5. Related Links
Official Website: https://omni.network/
White Paper: https://docs.omni.network/
GitHub: https://github.com/omni-network

Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. HTX does not take responsibility for any resulting direct or indirect losses.