About Ormeus Cash (OMC)
Name Ormeus Cash
Market Capitalization$96.99 thousand
Coin or TokenCoin
Official Website (Alt)N/A
Message Board (Alt)N/A
Ormeus Cash (OMC) Frequently Asked Questions
What is Ormeus Cash?
Omicron (OMC) is a digital blockchain-based asset that accrues interest through two mechanisms: minting and BTC dividends. It is the first step towards having an unbanked investment world where an independent digital currency asset yields returns in an alternate medium of exchange. OMC plans to be a major inflation and investment vehicle for the cryptocurrency community as well as various brick-and-mortar entities. Taking the first step towards an unbanked societyThe core principle of Omicron's investment platform is to allow investors to own a digital asset that adds value to itself- just like shares in a dividend-issuing company. Easily transferable for a quick turnover without the need of intermediary brokers, the OMC asset will be the choice dividend vehicle for investors around the globe. Biweekly dividends ensure that no matter the price of the asset, the asset owner always will receive a 0.00001% share of the dividend pool, per Omicron, every 2 weeks.How are BTC dividend-yields accrued and issued?BTC dividends will be funded every 2 weeks through trading on the volatile altcoin market as well as lending capital for margin-trading exchanges (stable interest). The loan interest guarantees a biweekly issuance of dividends, while the altcoin trading revenue is a major bonus, many times greater than loan yields. The trading yields aren't guaranteed biweekly as there may be an occurrence where there is a net loss during the timeframe. A minimum balance of 10,000 OMC in an address will be required to qualify for dividend yields. A BTC address must be associated with the OMC address, which will be done through the main website, and soon through the Omicron client itself. (Description provided by CryptoCompare)
How do I buy Ormeus Cash?
It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase or BlockFi. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Ormeus Cash.
What technology is included in Ormeus Cash?
Omicron will be a blockchain based asset, and a clone of Bitcoin. Minting through the wallet will yield 5%/annum, compounding on a daily basis. The clients that will be released on Sept 17 will have a fresh overhaul to the interface, and there will be future modifications to add simplicity to OMC-BTC address linkage and addtional add-ons. Fullstack developers will be paid and employed to implement said features. The main focus of Omicron is to provide a suitable and superior investment vehicle than dividend-issuing companies. With this in mind, there will be no brand new technical developments made for OMC. Modifications will be ported from other cryptocurrency clients to keep OMC top of the line. (Information provided by CryptoCompare)
Where can I get Ormeus Cash wallet?
Ormeus Cash produces its own wallet software that is available for download on its website, which allows you to store Ormeus Cash on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.
What is the value of Ormeus Cash?
One Ormeus Cash (OMC) is currently worth $0.00 on major cryptocurrency exchanges. You can also exchange one Ormeus Cash for 0.00000002 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Ormeus Cash in U.S. dollars is $96.99 thousand.
What hashing algorithm does Ormeus Cash use?
Ormeus Cash is a proof of work (PoW) coin that uses the Scrypt algorithm.
How do I mine Ormeus Cash?
Ormeus Cash and other Scrypt coins can typically only be mined profitably with a piece of specialized mining hardware called an ASIC, which stands for application-specific integrated circuit. Major manufacturers of ASICs include BitMain (AntMiner), Microbt (Whatsminer), and Canaan (AvalonMiner). ASIC hardware can be purchased directly from the manufacturer or from resellers on Amazon and eBay.
What coins are similar to Ormeus Cash?
The following coins use Ormeus Cash's Scrypt algorithm and proof of work (PoW) proof-type: Dogecoin, Litecoin, UNUS SED LEO, DEI, SpaceMine, EAC, Hellenic Coin, Polymath, Syscoin, Verge, ConstitutionDAO, XeniosCoin, Presearch, Starcoin and Bytom.
What is the Reddit page for Ormeus Cash?
Ormeus Cash (OMC) Price Chart for Wednesday, May, 18, 2022
Ormeus Cash (OMC) Search Trends
There is a correlation between price appreciation and public interest in cryptocurrencies, such as Ormeus Cash. Many cryptocurrency investors use Google Trends, which measures the volume of web searches for a particular topic over time, as a tool to gauge whether public interest is increasing or decreasing for a particular cryptocurrency. The chart below shows how search volume has changed for the phrase "Ormeus Cash Coin" over the last 90 days.
Ormeus Cash (OMC) Website Traffic
Ormeus Cash (OMC) Social Media Trends
Ormeus Cash (OMC) News HeadlinesNo headlines for this company have been tracked by MarketBeat.com