updated 6 months, 1 week, 3 days, 11 hours, and 56 minutes ago
Data source: CoinMarketCap
Ormeus Coin (ORME) to US Dollar (USD) Conversion Table
About Ormeus Coin
Ormeus Coin (asset symbol ORME) is a ground-breaking digital money system secured by one of the biggest industrial cryptocurrency mining operations in the world. The coin is cryptographically linked to a publicly identifiable currency vault funded by a USD $250 million North American mining business powered by green energy. Revenue from the mining farm is tied to the Ormeus Reserve Vault (ORV) through proof of asset technology and self-executing Ethereum Blockchain smart contracts, (ERC20 compliant). The reserve vault is currently being enhanced to act as a DAO – Decentralized Autonomous Organization. By using a proprietary Artificial Intelligence engine, the Ormeus mining hardware can be allocated instantly to mine a variety of mainstream crypto coins that use the same authentication hashing algorithm, encryption type: Sha256, Scrypt, X11, Ethash. Unlike companies engaged in the flawed Initial Coin Offering (ICO) model that rewards future business ideas, Ormeus Coin has already commenced its cryptocurrency mining operation through private investment and is not seeking public money through an ICO. The company is also running a post-mining automated algorithmic trading program with audited returns out-performing the market, which ORME Coin holders can benefit from. Predefined re-investment smart contract rules result in the Ormeus Reserve having a constantly increasing store of the top mainstream coins and gold standard style security for currency users. Programmable smart contracts of Ethereum ensure that Ormeus Coin stays linked to the real-world assets; transparent for all to see, without susceptibility to fraud, hacking or tampering. ORME can, therefore, be distinguished as a stable, next-generation digital currency and store of value backed by real-world assets.