case of OMG token???
OMG is a fee token for OMG Network (plasma) BOBA is a governance token for Boba Network (optimism rollup) OMG transaction are cheaper than Boba, but Boba can do more complex computations. Both are L2 scaling projects for ethereum, two separate networks. They do not compete with each other as they both have different areas each other excel at. Plasma can handle more transactions at a much lower cost. Boba network is EVM compatible
It's utility is as the fee token on Plasma network.
Not really as eth is used for gas for boba and no one uses plasma
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