[ANN] ORIO - The token project with a Zero Volatility Mechanism

jyotianand01

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ka4ok1331

full member

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EndChain - Complete Logistical Solution

ka4ok1331

full member

Activity: 546

Merit: 100

EndChain - Complete Logistical Solution

ka4ok1331

full member

Activity: 546

Merit: 100

EndChain - Complete Logistical Solution

joined twitter bounty, but I dont see the spreadsheet... could you give me a link to it?

Orioinc

newbie

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Quote from: R.Hasan on September 26, 2017, 10:29:50 AM

Which exchanges will the token be listed on?

The token will be or not frozen after purchase?

Hi Hasan,

The list of exchanges that the ORIO token are listed on will be disclosed in the next few weeks.

The token will not be frozen after it has been distributed to the crowdsale participants. They can be sold at anytime.

Thank you.

R.Hasan

full member

Activity: 196

Merit: 101

Which exchanges will the token be listed on?

The token will be or not frozen after purchase?

Twinkledoe

full member

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★Bitvest.io★ Play Plinko or Invest!

Maybe once it's already got the approval from Visa, this might gain credibility.

But up until then, we can't be sure of the fate of this project.

Orioinc

newbie

Activity: 45

Merit: 0

Quote from: crazyjack on September 23, 2017, 02:44:34 AM

Sounds too good to be true that Zero Volatility Mechanism.

It probably can be successful at the early stages, but when project evolve to a higher level, this safety mechanism will probably fail.

High volatility is the reason why people are attracted to crypto world, searching for the promise of high return.

You are promising very opposite of that.

This project will surely be interesting to follow.

I might be jumping to conclusions, havent read whitepaper in complete yet, apologize uphead for any bad moods, caused by my words.

Yes, orio.io is surely going to be interesting! Below is more information about the ZERO VOLATILITY RESERVE MECHANISM.

The ORIO token is an open source token conversion protocol based on smart contracts enabling. The price-discovery mechanism of the ORIO token is designed as follows:

➔ A key component is a Zero Reserve Volatility (ZVR) — a reserve ratio set by the creator of a smart ORIO token.

➔ The price is calculated based on ZVR, the smart ORIO token’s current supply and reserve balance:

Price = Balance
Supply × ZVR

➔ Smart ORIO tokens can be purchased or liquidated (sold) at any time directly through their smart contracts

➔ The model is designed in a way that the current price of the token is constantly readjusted towards an equilibrium between the purchase and liquidation volumes. As a result, the price of the smart token is calculated over time, following every order, instead of being determined by two matched orders in real-time.

A BRIEF DETAIL OF HOW IT WILL WORK

Anytime an ORIO token is sold, it would normally bring the price down. But in our case, funds from the ZVR reserve are used to purchase the equivalent of the sold token which makes the token to keep its original value. When an ORIO token is purchased, the ORIO token value automatically increases.

This process will occur once every week. If the total amount of tokens sold during that one week timeframe is larger than the amount of tokens bought, the funds from the ZVR will be used to equilibrate its initial value at the beginning of that week. If the amount of tokens bought during that one week timeframe is larger than the amount of the tokens sold, the token's value increases automatically without using fund from the ZVR funds.

The ZVR funds will gradually increase overtime with profit from operations such as those talking place on fee payment processing platforms, ORIO coupons platform, occasional sales of ORIO tokens saved in the reserve.

Definitely, the ZVR mechanism has been created to make ORIO a token that only increases in value. We are the only token with such a mechanism and we plan to file a patent for the ZVR reserve mechanism.

**** Initial ZVR supply will be 300,000 ETH.

Orioinc

newbie

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freemind1

legendary

Activity: 1526

Merit: 1014

I agree with @crazyjack. Sounds very good in theory, if you are able to take it to practice without changing what you offer from the beginning will be a great product, we will see what the future holds.

I'll be watching this thread waiting for more information. Good luck!

crazyjack

legendary

Activity: 1315

Merit: 1002

Sounds too good to be true that Zero Volatility Mechanism.

It probably can be successful at the early stages, but when project evolve to a higher level, this safety mechanism will probably fail.

High volatility is the reason why people are attracted to crypto world, searching for the promise of high return.

You are promising very opposite of that.

This project will surely be interesting to follow.

I might be jumping to conclusions, havent read whitepaper in complete yet, apologize uphead for any bad moods, caused by my words.

preevi

hero member

Activity: 495

Merit: 500

Good idea zero volatility mechanism
Is it will really happen? If yes it will be a new good crypto
Waiting for more information

Fluttershy

sr. member

Activity: 420

Merit: 250

Quote from: Orioinc on September 22, 2017, 01:07:34 PM

INTRO

This is to introduce ORIO's protocol that seeks to address scalability, volatility and liquidity issues facing Bitcoin as well as other cryptocurrencies in the overall push to make them go mainstream. Our token project is the first, thus far, with a Zero Volatility Mechanism.

PROBLEMS

1- Scalability: It is a general knowledge that the maximum number of transactions the Bitcoin network can handle per second is 8 while Ethereum handles about 20 per second. In a real world, both networks could still be considered very slow with regards to micro transactions. The ORIO protocol comes as a platform that enables up to 1,000,000 (million) transactions per second to solve the scalability issue.

2- Volatility: The inconsistent rise and fall in the price of Bitcoin as well as all other cryptocurrencies has been very problematic for many crypto enthusiasts. This price uncertainty, in many instances, has been a deterring factor that makes some users cautious in investing in some of the digital currencies. That's why we are creating ZVR - (Zero Volatility Reserve) or CRR (Constant Reserve Ratio).

How it will works: We plan on starting the reserve with 300,000 ETH. Anytime someone sells their ORIO token, the fund from the reserve is used to replace the "sales transaction " and anytime there is a "buying transaction", the profit from those transactions is automatically added to the ZVR or CRR. This will allow the ORIO token to hold its value and rather gain value whenever the "buying transactions" outperform "sales transactions."

3- Liquidity: The ORIO token will behave like an umbrella protocol for all cryptocurrencies where any currency could be exchanged for another in case there is a shortage in supply. We are doing this with the Shapeshift Integration.

FEATURES

The ORIO platform is a payment gateway that will allow merchants to accept all major cryptocurrencies from Bitcoin to all ERC20 tokens and other altcoins. We will also provide a smart multi-cryptocurrencies wallet that will allow users to secure all their crypto assets in one wallet using 3sig technology.

Payment Processing and Universal Debit Card: With more than 900 cryptocurrencies on the market today, we are creating a payment processing platform that will allow merchants to accept all these currencies. The ORIO platform enables integration for existing payment processing platform and also offers a universal debit card that will be linked to all users' smart multi-cryptocurrencies wallets thus allowing them to make purchases even where cryptocurrencies are not accepted yet. The virtual and physical debit card (VISA) will make payments anywhere in the world possible.

IN BRIEF

The ORIO token will use a price stabilization mechanism ZVR/CRR to solve liquidity and volatility issues. ORIO will integrate the raiden network for faster transaction time (scalability) and will have Shapeshift integration for instant conversion between cryptocurrencies.

You can learn more about the ORIO platform by visiting our website WWW.ORIO.IO and downloading our whitepaper .

orio.io ║ THE ONLY TOKEN PROJECT WITH A ZERO VOLATILITY MECHANISM ║ orio.io
Telegram ▬ Twitter ▬ Medium

Holy shit 1 million transactions in a sec also you guys are creating your own platform to store various tokens that's awesome.

Orioinc

newbie

Activity: 45

Merit: 0

Feel free to check out our Facebook page (www.facebook.com/orioinc) for videos and other realtime information about the www.orio.io platform

Orioinc

newbie

Activity: 45

Merit: 0

Quote from: 2012 on September 22, 2017, 01:25:12 PM

Is your debit card got approval from VISA or not on website it showing logo of them on your card. Any comparison chart with ongoing debit card projects like TenX, TokenCard, Monaco, and Centra. What is advantages you will offer with this?

Yes, we are working in partnership with Visa. We will have it listed on the website soon. The advantage of the debit card over others is that it will facilitate remittance, and P2P payment where cryptocurrencies are not accepted ye. Since ORIO has a zero volatility mechanism, it'll put people at ease when they carry the ORIO token.

2012

legendary

Activity: 1526

Merit: 1003

Is your debit card got approval from VISA or not on website it showing logo of them on your card. Any comparison chart with ongoing debit card projects like TenX, TokenCard, Monaco, and Centra. What is advantages you will offer with this?

Orioinc

newbie

Activity: 45

Merit: 0

http://[img]https://i.imgur.com/zZ3mPp9.jpg

INTRO

This is to introduce ORIO's protocol that seeks to address scalability, volatility and liquidity issues facing Bitcoin as well as other cryptocurrencies in the overall push to make them go mainstream. Our token project is the first, thus far, with a Zero Volatility Mechanism.

PROBLEMS

1- Scalability: It is a general knowledge that the maximum number of transactions the Bitcoin network can handle per second is 8 while Ethereum handles about 20 per second. In a real world, both networks could still be considered very slow with regards to micro transactions. The ORIO protocol comes as a platform that enables up to 1,000,000 (million) transactions per second to solve the scalability issue.

2- Volatility: The inconsistent rise and fall in the price of Bitcoin as well as all other cryptocurrencies has been very problematic for many crypto enthusiasts. This price uncertainty, in many instances, has been a deterring factor that makes some users cautious in investing in some of the digital currencies. That's why we are creating ZVR - (Zero Volatility Reserve) or CRR (Constant Reserve Ratio).

How it will works: We plan on starting the reserve with 300,000 ETH. Anytime someone sells their ORIO token, the fund from the reserve is used to replace the "sales transaction " and anytime there is a "buying transaction", the profit from those transactions is automatically added to the ZVR or CRR. This will allow the ORIO token to hold its value and rather gain value whenever the "buying transactions" outperform "sales transactions."

3- Liquidity: The ORIO token will behave like an umbrella protocol for all cryptocurrencies where any currency could be exchanged for another in case there is a shortage in supply. We are doing this with the Shapeshift Integration.

FEATURES

The ORIO platform is a payment gateway that will allow merchants to accept all major cryptocurrencies from Bitcoin to all ERC20 tokens and other altcoins. We will also provide a smart multi-cryptocurrencies wallet that will allow users to secure all their crypto assets in one wallet using 3sig technology.

Payment Processing and Universal Debit Card: With more than 900 cryptocurrencies on the market today, we are creating a payment processing platform that will allow merchants to accept all these currencies. The ORIO platform enables integration for existing payment processing platform and also offers a universal debit card that will be linked to all users' smart multi-cryptocurrencies wallets thus allowing them to make purchases even where cryptocurrencies are not accepted yet. The virtual and physical debit card (VISA) will make payments anywhere in the world possible.

IN BRIEF

The ORIO token will use a price stabilization mechanism ZVR/CRR to solve liquidity and volatility issues. ORIO will integrate the raiden network for faster transaction time (scalability) and will have Shapeshift integration for instant conversion between cryptocurrencies.

You can learn more about the ORIO platform by visiting our website WWW.ORIO.IO and downloading our whitepaper .

orio.io ║ THE ONLY TOKEN PROJECT WITH A ZERO VOLATILITY MECHANISM ║ orio.io
Telegram ▬ Twitter ▬ Medium

Topic: [ANN] ORIO - The token project with a Zero Volatility Mechanism (Read 1021 times)