Ormeus Coin is the name of a new cryptocurrency assembled a team of cryptocurrency experts, programmers, and developers. Ormeus Coin brings the “gold-standard” of Bitcoin together with the programmable smart contracts of Ethereum in order to create a coin that has never been seen before in the history of cryptocurrency. A cryptocurrency that is backed by Bitcoin mining and is designed to outpace the growth of Bitcoin.
Ormeus Coin presents a unique and powerful proposition of value as a cryptocurrency by strategically leveraging the individual advantages of both the Bitcoin and Ethereum blockchains.
Ormeus Coin will be backed by Bitcoin and company revenue. Unlike other cryptocurrencies that are pegged to the value of Bitcoin, Ormeus Coin already has Bitcoin and BlockBox Bitcoin mining rigs that will back the token.
Ormeus will be providing a way for token holders to profit o¬ of both the increase in Bitcoin value and the company revenue. Ethereum based smart contracts will contain predefined quantities of Bitcoin from the Bitcoin mining profits. Ormeus tokens will act as keys that will unlock corresponding smart contracts that contain Bitcoin. All Ormeus Coin activity and smart contracts can be viewed and confirmed on the public ledger in order to provide transparency and security to Ormeus Coin holders.
