Aofex

ORMX coin seeks to provide a platform that combines the Ethereum Virtual Machine with the Bitcoin core to allow users to combine the best features of both platform with little or no problems. Since ORMX coin will use the Ethereum Virtual Machine, it will use smart contracts and proof-of-stake to increase the speed of transactions. It will also allow DAPPs to be adopted into the platform with little or no alteration of the code. This will make it easier to introduce new features without relying on scripting. Additionally, ORMX coin seeks to ensure that the stability of the Bitcoin ecosystem is not compromised . Users will be able to run the same Bitcoin processes as securely as possible. Essentially, ORMX coin will be very similar to Bitcoin with the exception of the use of the Proof-of- stake instead of the proof-of-work architecture.
ORMX coin will run on the ORMX core that is a blockchain that combines design aspects of the two most popular blockchains to create a hybrid core. The ORMX core will rely on proof-of-stake as the consensus model used to execute smart contracts on the blockchain. This will ensure that developers who are used to the simplicity of Dapp programing on the Ethereum Virtual Machine are able to work on the ORMX core without the need to learn a completely new programming language. The ORMX core will also incorporate value transfer to support some industries that require value transfer. This will make it easy to use in social media, finance, IoT and supply chains effectively without bottlenecks.

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ICO’s Details

  • GENERAL INFORMATION
  • Pre-ICO Opening Date:

    Wed, Jul 15th, 2020 12:00 AM

  • Pre-ICO Closing Date:

    Tue, Aug 11th, 2020 12:00 AM

  • ICO Opening Date:

    Wed, Aug 12th, 2020 12:00 AM

  • ICO Closing Date:

    Sat, Dec 12th, 2020 12:00 AM

  • Country of Origin:

    USA

  • TOKEN DETAILS
  • Symbol:

    ORMX

  • Blockchain Type:

    Ethereum

  • Platform:

    ERC20

Team

Leslie Bevil - CEO & Co-Founder
Diana Ketruyn - Financial Expert
Thomos Molloy - Senior Blockchain Developer
David N Mean - Senior Software Engineer

Advisors

Unknown

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Initial Offering News