Summary
The world was introduced to the concept of cryptocurrency with the creation of Bitcoin in 2008. Powered by blockchain network technology, cryptocurrencies offer a safe and secure network for financial transactions and are believed to be a viable replacement to traditional financial systems like banks and other institutions in the near future, by several economists. The developments in the field of blockchain have been enormous. Deemed to be highly effective and transparent, the technology is now used in various sectors including medicine, biotech, communication, and several others. New cryptocurrencies are now being created and introduced all the time, with each initiative and organization coming up with their own tokens.
The newest development in the field is Originate Coin or ORC, as denoted by its symbol. Powered by the latest Ethereum technology which allows users and businesses to create customized smart contracts and decentralized applications, the coin intends to soon reach fifth place in market capitalization over the next two years through widespread adoption of the ORC token.
About Originate Coin
Established by a group of experienced Bitcoin investors and enthusiasts, Originate Coin is a new cryptocurrency based on the robust ERC20 Ethereum technology. With feather-light code, the coin offers its investors and coin holders the opportunity to mitigate a lot of well-known risks associated with cryptocurrency.
Features
Apart from being comfortable with several major trading currencies, ORC offers a range of features for its investors to consider, which include:
• Promising: Powered by blockchain, ORC uses one of the latest, in-demand technologies to provide a safe, transparent, and auditable way to record and transfer data.
• Quick and Easy: Unlike other cryptos powered by blockchain, ORC is much faster in its transactions and is very simple to use. It offers users the ability to carry out reliable, secure transactions within seconds.
• Control and Protect your assets: In a token economy where there are custodian risks involved in entrusting cryptographic assets to a third party, ORC offers a transparent, globally accessible, friction-free value network, supporting private and secure exchange between peers.
• Scalable: Keeping up with the scalability expectation of blockchain, ORC is programmed to enable and handle mass adoption, since it’s underlying tech is Ethereum, which can handle around 13 transactions per second.
• Large and decentralized community: ORC provides a great source of learning for up and coming developers who get to collaborate and work on open-source projects, through the smart contract developed by and for the user community.
Advantages
While the features elaborate the various ways in which the coin can be used to solve common problems faced by cryptocurrency coin holders, ORC also offers specific advantages to all its users, which give it an edge over the others when it comes to post ICO marketization.
• For Newcomers: A viable opportunity for a new investor, ORC is a safe and reliable option for those who are just beginning their blockchain journey. The usual risks including the failure to deliver results, do not exist here.
• For mature investors: Unlike other complicated coins whose numerous parameters increases the number of risks to be faced, ORC acts a hedging scenario that creators and other cryptocurrency investors may look for.
• Calendar Specific advantages: Programmed to derive specific advantages for the duration of ICO and beyond this duration from its core parameters, ORC aims to be advantageous according to the trends in the cryptocurrency markets.
• ICO-Specific benefits: ORC offers several advantages specific to ICO like a stable price throughout the opening, avoids as asset-backed opening, doesn’t have a lottery system or bonuses before or during ICO, and is compatible with hardware wallets.
• Post-ICO advantages: It has many advantages evident post the duration of the ICO like being tradable on a wide range of markets, which can be stored on all leading hardware wallets. Since it doesn’t have mining capabilities, it avoids any discrepancies related to it as well while avoiding third-party custodian risks. It also has a mid to long term holding
position to participate in a marketer’s growth. ORC has quick due diligence and a fixed number of tokens.
• Howey Test: Upon application of the Howey test by the ORC token’s creators it was revealed that the related ICO would not fall within the threshold of security according to the SEC’s opinion.
Token Details
The originate coin or ORC is a smart contract-based coin that will be released for a price of $0.2 (ETH) per ORC token in a currency sale.
Token Structure
Soft cap Budget Allocation
Roadmap
• November - December 2019
Initial Coin Offering and promotion, Token diffusion and promotion, Social Media Campaign
• Jan, Feb, Mar 2020
Project review and development of new smart contracts based Originate Coin post-project review finding
• April- June 2020
Implementation of new smart contracts
• July- August 2020
Pre-sale, ICO, Airdrops
• September- November 2020
IEO- Bounty
• Dec 2020- Jan 2021
Exchange Listing, website update for more UNIC
• 2021-2023: Coming Soon
Team
Advisors
Referral Program
Along with its wide range of features and several benefits, ORC also offers a referral program to all its users and holders. Each user earns 5 ORC coins for each friend he or she invites for the Airdrop, up to 500 ORC, which has a value of $100.
Conclusion
With the increasingly significant developments in the world of blockchain and cryptocurrency, several sectors in the world are beginning to adapt and utilize them in their processes and transactions. Originate Coin or ORC, based on the latest Ethereum technology provides a speedbased, transparent and reliable system, which can be used to create customized smart contracts while mitigating a lot of common risks users face while using other cryptocurrencies. Created by experienced blockchain investors and experts, ORC offers a lucrative investment opportunity for all its coin holders, with early adopters benefitting from a competitive advantage in its market capitalization.
For more information
Website: https://originatecoin.com/
Whitepapar: https://drive.google.com/file/d/1jkjX2neCxmfLVpWIuTYCMP_gqWxxDKzJ/view?usp=sharing
Bounty Thread: https://bitcointalk.org/index.php?topic=5260306
Twitter: https://mobile.twitter.com/CoinORIGINATE
Facebook: https://www.facebook.com/Originate-Coin-104240094599363
Telegram: https://t.me/ORIGINATECoin
Telegram Group: https://t.me/ORIGINATECoingroup
Written by
K.Siva Arulmani
Bitcointalk Username: @siva1978
Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=2373654