Orocrypt is an asset digitisation company that aims to introduce an easier and more secure alternative to precious metals ownership. We are currently focusing on issuing tokenised precious metals Tokens will be backed by securely stored and audited precious metals, convertible on demand, and easily tradable. Tokens are secured on the Ethereum blockchain and will be compatible with all Ethereum wallets. They can be bought or sold instantly and seamlessly. Orocrypt does not have any control, nor can exercise control over who buys the tokens from our registered clients. We will only be involved if someone purchases tokens directly from us or decides to redeem their physical gold, therefore the tokens can be freely traded in exchanges or directly P2P. Orocrypt will first launch gold-backed tokens, each representing 30 g of LBMA compliant bullion gold. In the future, we will expand to Silver, Platinum and bespoken tokens of digitised assets.

Orocrypt plans to issue tokenized precious metal, starting with gold in Q3 of 2017. ​Orocrypt will charge a 1% commission fee over gold spot price on all sales of one token or more and a .04 % transfer fee when they are transferred between wallets. Fees for less than one Token will be: 5% for purchases between 0.9 and ½ token and 10% for purchases between ½ and 0.1 Token.

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ICO’s Details

  • GENERAL INFORMATION
  • Pre-ICO Opening Date:

    To be announced

  • Pre-ICO Closing Date:

    To be announced

  • ICO Opening Date:

    Wed, Jun 14th, 2017 12:00 AM

  • ICO Closing Date:

    Fri, Jul 14th, 2017 12:00 AM

  • Country of Origin:

    Panama

  • TOKEN DETAILS
  • Symbol:

    OROC

  • Blockchain Type:

    Ethereum

  • Platform:

    ERC20

Team

Alejandra De Gaustad - Founder & CEO
Jose Antonio De La Cerda - Secretary
Darlene Hart - CFO
Margaret Bentham - Director

Advisors

Unknown

Disclosure: This page is created to provide market intelligence. This is not investment advice and does not constitute any solicitation or endorsement of any investment. Any investment you make is done at your own risk and at your full and absolute discretion.

Initial Offering News