- OROC share-tokes built and available in live ICO.
- Vaults secured worldwide to store gold.
- Contracts secured with bullion suppliers.
Digitized Precious Metals On The Ethereum Blockchain
Participate at the very beginning of this new and exciting investment sector with potentially superior returns, managed by a team of tech-savvy and financially experienced professionals.
|WHAT DOES THIS TOKEN REPRESENT?||These tokens represent the ownership of 30 g of LBMA compliant bullion gold. Orocrypt has a custodian and fiduciary duty to token holders.|
|PAYOUT||Orocrypt will issue the gold token in Q1 of 2018. 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: keep it|
|TOTAL SUPPLY||Open supply. The gold tokens will be backed 100% by bullion gold stored at vaults in Switzerland, Liechtenstein and Cayman Islands. Other vaults will be added in the future.|
|MINIMUM PURCHASE||0.1 token|
Orocrypt is a company that will issue tokenized assets. It will issue ER20C tokens that will represent ownership of the digitised assets. The company's first product will offer gold investors a safe method to digitize bullion gold, convertible on demand and implement an online web platform to trade them. It will be compatible with all Ethereum wallets allowing for direct P2P transfers. Tokens are secured on the Ethereum blockchain. Anyone can own buy or sell them instantly and seamlessly. Orocrypt will launch gold-backed tokens, each representing 30 g of LBMA compliant bullion gold. In the future, we will expand to other assets and bespoke tokens.
Our entire process is transparent. From when clients open an account, the receipt and holding of funds, the issuance of digitized tokens, the simultaneous bullion buying and storing and the auditing of bullion held at the vaults.
The bullion will be stored in several locations at reputable vaults around the world, reducing the risks of adverse government action in any one jurisdiction.
The management and Board have extensive and senior financial management experience, including financial engineering structures of precious metals. It includes former bankers, stockbrokers, accountants and businessmen.
Orocrypt upon commencement of operations will comply with all the regulations of the jurisdiction where it will operate.
Tokenized Precious Metals
Easily traded with us, P2P or in exchanges. Tokens can be traded on secondary markets at any time.
Store of Value
The traded token we will initially issue is a digitized gold storage receipt for 30 grams of bullion gold. The tokens can be redeemable into bullion upon demand.
It benefits from the privacy of the Ethereum blockchain.
The tokens can be used for trade finance, as collateral and other income enhancement strategies.
The first series of gold tokens issued will each represent 30 grams of fine gold and will have no storage costs. This series will be limited to a value equivalent of five million euros.
Swiss Gold Safe AG
Swiss Gold Safe AG
|STORED AT||OZL Liechtenstein
Swiss Gold Safe Ltd Switzerland
Byzantium Ltd Cayman Islands
|AUDITED BY||monthly inspections conducted by SGS|
|MANAGED BY||specialized high security precious metals vaults around the world|
|GOLD SOURCED BY||Rheingold-Edelmetall Liechtenstein, Byzantium Cayman Islands|
- Gold-based tokens will be launched.
- Each gold token represents 30g of LMBA-compliant gold.
- Silver backed token will be launched.
- Each token represents 1 kg of fine silver.
3nd quarter 2018
- Profitable bespoke token reprsenting novel gold and silver ownership structure will be released.
4rd quarter 2018
- Quantitatively managed fund representing mix of cryptocurrencies and precious metals planned to launch
Long Term Vision
We envision a world in which anyone can buy, trade and exchange physical assets, digitally without a middleman. Where every one has control of their own possessions.
NEWSBTCPosted: 2017-11-10 21:36:09
Orocrypt’s ICO – Ethereum Blockchain Meets Precious Metals Another fascinating Ethereum based investment protocol is soon to open for crowdsale in the blockchain market. Yes, we are talking about Orocrypt’s a month long ICO to be launched on June 14, 2017. With this ICO, Orocrypt, a Panama-based blockchain platform is providing cryptocurrency investors and community members an opportunity to buy orocrypt tokens (OROC), which are actually the shares.
CointelegraphPosted: 2017-11-10 21:33:39
Orocrypt to Add Stability of Gold to Cryptocurrencies The company has built robust mechanisms surrounding this process with gold being stored at diverse geographical locations like the Cayman Islands, Switzerland, Liechtenstein and Hong Kong, and the auditing will be carried out by Société Générale de Surveillance SA.