What is the Ormeus Reserve Vault (ORV)?

You are here:
< All Topics

Whereas FIAT Currency is no longer backed by Gold, it is susceptible to the economic stability of its issuing authority (most often governments).

Ormeus aims to solve this problematic system by creating a spendable coin (OMC) that will be backed by ORME “Gold” in the Ormeus Reserve Vault (ORV) autonomous from any issuing body and controlled by hard-coded smart contracts. If you are part of our Telegram community automated messages are provided at regular intervals about deposits into the ORV. These deposits which result from the work of our industrial crypto-mining operations will grow in value benefiting all coin holders in the long term. The assets of the ORV are protected by cold storage and state of the art digital security.

You can view the ORV Here

Table of Contents