OMG Network is a Layer-2 scaling protocol for Ethereum. What this protocol aims to achieve is a higher transaction throughput at a lower cost while leveraging the security guarantees of its underlying layer. In 2021, the OMG network project team launched Boba Network and airdropped Boba tokens 1:1 to OMG holders. However, OMG Network is now considered to be a dead project with no utility.