WHEN THE ETHEREUM BLOCKCHAIN MEETS THE PRECIOUS METALS
Join us as co-owners in our company founded by the Elite, each of them with more than 30 years of Financial background. Let our experience and knowledge speak for itself.Register Here: https://ico.orocrypt.com
company
Secured on the Ethereum blockchain and compatible with all Ethereum wallets; our 14th of June crowdsale of 500,000 OROC tokens represents 45% of the total equity for nine euros per OROC.Orocrypt is a Panamanian-based company that will create a crypto alternative as proof of ownership of precious metals.
After the ICO, if the minimum capital is raised, Orocrypt will present the Gold token: the first product of the company, which will represent the ownership of 30 grams of LBMA-quality gold and will be looking to expand to Silver, Platinum and bespoke tokens in the future.
Our gold-tokens will be backed up, securely stored and audited. They can be convertible into gold on demand and as well compatible with all Ethereum wallets.
ico details
| TOKEN NAME | OROC | |
|---|---|---|
| WHAT DOES THIS TOKEN REPRESENT? | These tokens represent Common shares in Orocrypt Inc., conferring all the usual rights and privileges of owners or shareholders. The Superintendencia del Mercado de Valores of Panama has been informed about this share-tokens sale. Like any company common shares, they entitle holders to dividends, rights to vote, and rights to payout in case of acquisition or sale. Orocrypt has a fiduciary duty to token holders. | |
| PAYOUT | Orocypt 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: 10% for purchases between 0.1 and 1/2 a token, and 5% for purchases between 1/2 and 0.9 of a token. | |
| TOTAL SUPPLY | 1,112,000 shares in total. 45% of Class A shares are being tokenised and offered for sale. 24% are held by the board as Class B shares. 18% are reserved for a future employee incentives pool. 13% are treasury shares reserved for finance, bonus and compensation for services and rewards. | |
| PRICE | 9 EUR per share, non-divisible | |
| USE OF FUNDS | EUR 4.5 million will provide two years of operating capital. Funds not needed for short term expenses will be invested in gold, silver, bitcoin and ether. | |
| FOR LARGE INVESTORS | The two largest investors who buy over 56,000 tokens each will have the right to a seat on the Board of Directors. | |
| FOR EARLY INVESTORS | Investors who buy tokens during the first week of the ICO offering will receive a discount of 5% of the token price. Those who buy tokens during the second week of the offering will receive a discount of 2% of the token price. |
Orocrypt Bounty Campaign starting May, 25
A bounty campaign is a PR event when a project is being promoted by its participants. Usually, a term “bounty campaign” is being used in ICO (Initial Coin Offering) crowdsale campaigns. The membership in such campaigns is being rewarded with blockchain tokens offered for sale during an ICO. Therefore, each user can participate in a bounty campaign and get a reward.
Orocrypt offers 0.7% for all bounty campaigns collected during the ICO. As a reward participants are to receive OROC tokens. Bounty campaign members, who use spam and “artificial” Likes and Shares, are to be excluded from bounty campaigns. We do not give share-tokens to US persons therefore US persons can’t receive bounties.
20% of the bounty pool to be allocated to the Facebook campaign
20% of the bounty pool to be allocated to the Bitcointalk Signature campaign
30% of the bounty pool to be allocated to the Twitter campaign
30% of the bounty pool to be allocated to the Blogging Campaign
Find bounty campaign info also here
