Ormeus coin (ORMEUS) is an ERC20 token, designed to act as a collateral-based crypto, backed by enterprise-grade mining powers. The price of the Ormeus Coin is connected to the mining activities of the Oremus company. The company mines cryptocurrencies based on the Sha256, Scrypt, x11, and Ethash mining algorithms. The mined crypto is stored in the currency vault and the Oremus Coin’s value derives from its number of gathered coins. The Ormeus team has also provided an AI-based mining engine that optimizes the work of the company's mining gear. The vault, where ORME’s backing assets are stored, is a DAO that, similarly to the other parts of the Ormeus Coin network, acts based on smart contracts.

You can check out the latest Ormeus Coin price, ORMEUS price graphs and the latest news about the ORME token on Coin360.com.


Ormeus Coin

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