Crypto currency OmniCron rose 217% over the last day.
This coin has been trading at 4.004E-05 Bitcoins or about 4,004 Pandacoins.
Omicron (OMC) is a digital blockchain-based asset that accrues interest through two mechanisms: minting and BTC dividends. It is the first step towards having an unbanked investment world where an independent digital currency asset yields returns in an alternate medium of exchange. OMC plans to be a major inflation and investment vehicle for the cryptocurrency community as well as various brick-and-mortar entities.Taking the first step towards an unbanked societyThe core principle of Omicron's investment platform is to allow investors to own a digital asset that adds value to itself- just like shares in a dividend-issuing company. Easily transferable for a quick turnover without the need of intermediary brokers, the OMC asset will be the choice dividend vehicle for investors around the globe. Biweekly dividends ensure that no matter the price of the asset, the asset owner always will receive a 0.00001% share of the dividend pool, per Omicron, every 2 weeks.How are BTC dividend-yields accrued and issued?BTC dividends will be funded every 2 weeks through trading on the volatile altcoin market as well as lending capital for margin-trading exchanges (stable interest). The loan interest guarantees a biweekly issuance of dividends, while the altcoin trading revenue is a major bonus, many times greater than loan yields. The trading yields aren't guaranteed biweekly as there may be an occurrence where there is a net loss during the timeframe. A minimum balance of 10,000 OMC in an address will be required to qualify for dividend yields. A BTC address must be associated with the OMC address, which will be done through the main website, and soon through the Omicron client itself.
It is listed on the Yobit cryptocurrency exchange.
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