Omcoin price today is N/A with a 24-hour trading volume of ?. It has a circulating supply of OMM coins and a max supply of 8.4 Million. BW.com is the current most active market trading it.
Omcoin is a token that encourages everyone to embark on a journey of personal growth through its meditation reward system.
As opposed to the subscription-based models monopolies in the meditative industry use, Omcoin will motivate users to quietly reflect by offering payment for their practices in the form of cryptocurrency. We are taking the status quo of bitcoin’s hashing algorithm and modify the hash rate with time spent meditating. Through this mining strategy, it does not use computer power to mine, only time. Coins that are mined in the early adoption phase are exponentially easier to mine compared to the laggard phase. Omcoin’s distribution formula increases the mining difficulty (time spent meditating) for a set amount of coins, as the total time spent meditating increases. As more users adopt Omcoin, it will be harder to mine. Thus this concave down, increasing formula will have the last Omcoin practically unattainable as the amount of time will be unreachable.
With a max supply of 21,000,000, and a definitive mining formula, Omcoin will act as a store of value. Held within a secured wallet using the tron blockchain, transaction speed and cost will be one of the fastest and lowest on the market.
Within the app, users will have the ability to choose from an assortment of meditations. Meditation is a very loose term but our team on the other hand defines it as finding stillness from within. This definition includes many forms of meditation like Yoga, Pranayama, Lectures, Tai-Chi, Mantras, Qigong, Metta, etc. As adoption of this crypto increases, so will self awareness. It is the mission of Omcoin to transform this world for the better by guiding people to listen to the life force within. Omcoin is a disruptor, and will change the status quo of the meditation industry.