Ormeus Coin’s mining activity is optimized by a custom-built Artificial Intelligence (AI), by selecting the most profitable mainstream crypto coins to mine at any given moment. Its revenue from the mining farm is cryptographically attached to the Ormeus Reserve Vault, or ORV, through proof of asset technology and self-executing Ethereum Blockchain smart contracts, which are (ERC20 compliant). Under the $250 million purchase contracts signed on November 2017, cryptocurrency mining operations by Ormeus Coin have commenced at a state-of-the-art facility in North America.
The ORME is an ERC-20 token9 that is built upon the Ethereum10 blockchain. Its specific classification has equitably standardized protocol best practices.
ORME will be supported by both token sales and a geographically diverse industrial cryptocurrency mining operation, unlike other static, or semi-static, Bitcoin-backed cryptocurrencies that are known to be speculative in nature and solely supported by token sales.