Omise (a corporation) is building it's own payment network, so that they don't have to rely on expensive, existing systems. Their profit (as a company) will soar the more they drop payment processing costs. Let's assume OmiseGo represents all future payment processing for Omise, and they move off their legacy stack.
Omise just acquired Paysbuy, which does 2Bn THB (thai bhat) in volume, or ~$60M USD / year.https://techcrunch.com/2017/07/05/omise-paysbuy-dtac/
There are no public records of Omise' payment volume, but we're going to back into it. Paysbuy is the absolute floor of our estimate.
Google and Temasek released a joint report in May that called Southeast Asia the “world’s fastest growing internet region,” translating into a $200 billion e-commerce market by 2025. Omise is the "Stripe" of SE Asia, and looks set to take a significant portion of the growth. Their roster of clients is pretty sick,https://docs.google.com/presentation/d/1Bp4KT-W8RF4ZorPUthts8X-B7QHBhsEnY1T5G7XifU0/edit#slide=id.g1421568192_0_11
As of June 15, they are signing up 2000 merchants per month.https://medium.com/@jun_omise/the-omise-force-awakens-2015-2016-ef839508a17e
Let's assume their growth has been consistent; they now would have ~50,000 merchants. Some merchants have lots of volume, some small. Let's assume each merchant is averaging only ~.1M THB (1/10th of their "better pricing" lowest level), or $3,000/mo; this would be $1.8Bn/yr of total transaction volume, today.https://www.omise.co/can-i-get-a-lower-fee-from-omise
With 10X growth assumptions, they would process $18Bn/yr of transaction volume.
Omise fees start off at 3.65%. For OmiseGo to make their business profitable, fees have to be less. Let's go super low, and assume 1%.https://www.omise.co/pricing
The token holders, in the aggregate, would be earning $180M/yr. At a fair multiple, this is $25/OMG.
Thats word for word what I read somewhere else. You're not the original author and you didn't add anything to it. all of it.. cant upvote..
And did he/she even ask for an upvote.
Why do u guys always think its all about money.
Its a nice post even if copied.
Upvoted, thanks
Just bought some, planning to buy more during price dips and sells!