OrionCoin ICO: Company Review and ORC Token News Updates

OrionCoin ORC ICO Guide: Valuable Loyalty Marketing Blockchain?

There are many different blockchain based platforms aiming to launch massive platforms from initial coin offerings. Most ICOs focus aim for relatively achievable goals, such as the disruption of the ways in which data is transferred between disparate industries, or streamlining existing systems.

A new initial coin offering, however, is operating with the absurdly quixotic goal of creating a deep space settlement in the constellation of Orion. No, this isn’t science fiction- the creators of Orioncoin are absolutely serious about their endeavor, and believe that creating a new cryptocurrency is the first step in the journey toward deep space exploration.

In this article, we’ll take a look at the Orioncoin ICO and find out exactly how they plan to achieve their dream. We’ll take a look at the Orioncoin offering and see what it presents investors to help you determine whether it’s worth investing in.

What Is OrionCoin?

While the end goal of the Orioncoin platform may be entirely unrealistic, the immediate reality of the Orioncoin project is to create a loyalty program system that uses interoperable crypto tokens instead of brand-specific loyalty points.

This solution is far more in line with the current reality of the cryptocurrency market, and is backed up by a relatively strong development team. The Orioncoin platform will begin their long-term space exploration project by offering brands the ability to create custom blockchain-based tokens called ORC.

ORC tokens can be spent on the Orioncoin economy, and are based on a modified Bitcoin core clone. The ORC token is a pure PoW token, and is completely open source. ORC tokens are stored within the OR wallet, which offers unlimited address generation, past transaction visibility, visibility of pending transactions, auto-suggested transaction fees, configurable fee amounts, and more.

ORC tokens can be used by consumers to purchase a wide variety of discounts and bonuses, or even traded for Orioncoin debit cards that are linked to a worldwide cashback loyalty reward system.

The Orioncoin roadmap is split into six separate phases, which become increasingly grandiose in scope as phases proceed. While the first step- establishing a market presence- may be achievable, Orioncoin plans to then assist in the development of a “more technologically advanced society”, become “globally prevalent”, and then, in phase four, launch ORC nodes into space.

While this may sound particularly hopeful, the next steps take the concept even further Orioncoin, in phase five, wants to become the “main economic force” in the solar system, and develop a human settlement in the Orion constellation. Lastly, Orioncoin plans to establish an intergalactic economy throughout the entire universe:

“In the future, similar to Star Trek, Guardians of the Galaxy, and Star Wars, both good and evil will be using ORCs. For example, there could be a 1000 ORC bounty on your head.”

OrionCoin ORC Token ICO Details

In order to achieve their dreams, Orioncoin is running an initial coin offering that will be used to establish the Orioncoin loyalty program. Launched on the 18th of December 2017, the ICO is currently underway, and will conclude on the 18th of March 2018.

65 million ORC tokens will be available for purchase during the ICO. At the beginning of the ICO, ORC tokens will be available at a price of $1 USD per ORC. 70% of the total funds generated in the ICO will be used for development of the Orioncoin platform, with the other 30% split between ORC mining, admin, marketing, legal, and security.

OrionCoin ICO Conclusion

The Orioncoin platform may have some unrealistic goals, but is backed up by a clear short and medium term plan that, if successful, may be able to significantly disrupt the loyalty program sector. While Orioncoin may not actually achieve their dreams of space colonization, their plan for loyalty point domination is fairly intelligently designed and is worth consideration as an investment.