OroCoin [ORO] Crypto currency& Gold Perfect Combination
The first cryptocurrency with the block reward uniquely pegged to the price of gold.
In anticipation of our upcoming ICO, beginning January 1st, 2017, we have officially launched the OroCoin.co website, where you can find info all about OroCoin, our unique block reward plan, our ICO, and much more!
We will soon be posting our official BitcoinTalk announcement as well.
In the meantime, feel free to join us on Twitter Reddit
• Coin Algorithm Script: Scrypt (POW)
• Coin Abbreviation : ORO
• Maximum Coin Supply : 20 Million
• Coin base maturity : 100 blocks
• PoW block reward : Current Price of Gold X 1 ORO / 100
• Block Spacing : 5M (300S)
The block reward is equal to (Price of Gold at time of mining x 1 OroCoin / 100).
After 800,000 blocks, the value of a block will be equal to (Price of Gold at time of mining x 1 OroCoin / 200), and so on.
For example, if the price of gold is currently $1,143 USD, then the block reward at current time would be 11.43 OroCoins.
We are pleased to announce the details of our Initial Coin Offering (ICO).
OroCoin will initially be sold at www.orocoin.co and various exchanges to be announced shortly.
Maximum OroCoin Supply: 20,000,000 Pre-Sale/ICO Distribution: 2,500,000
ICO Distribution Schedule and Pricing:
January 1st – 15th – 2000 ORO per BTC
January 16th – 31st – 1500 ORO per BTC
February 1st – 28th – 1000 ORO per BTC
Any coins not sold by the end of the 2-month ICO period will be held by OroCoin and will be used as follows:
- Technology Improvements, Maintenance, Upgrades
- Marketing, Community Development
- Bounties & Incentives
- Holding for future development
Within 5 days of a successful ICO, OroCoin will release the coins to the exchanges and users who bought coins from OroCoin directly, and open the markets for trading.
Github (Coming Soon!)
The signature campaign is now live! https://bitcointalk.org/index....
Earn up to 0.0012 BTC per post!