Ommer (OMM)

What is Ommer

The Ommer network provides the technology for breaking down and distributing asset classes into smaller tokens at a rapid rate, enabling microtransactions at a lower upfront cost. Through the Ommer network, all units are fractionalized. Users not only have access to fractionalized real-world assets, as multiple users come together to purchase the asset as a single transaction, the fees will be divided and each user will only have to pay a portion of it.

Since the participants of the Ommer Network are licensed, the assets are all backed officially. Instead of investing in a derivative, such as contractsfor-difference, users will be buying directly into the asset.

With the decentrali?ed and open source architecture, Ommer network allows any regulation compliant entities to participate autonomously. The trust between these parties is formalised with the use of blockchains and smart contracts, operating on a set of pre-agreed rules on the network.