The idea of Olympic coin was born on the aim of bringing cryptocurrency awareness and experience to athletes. Athletes from different countries, diverse cultures, various languages and talents will have a coin dedicated to them. Olympic coin is a gateway of payment system in sports industry.
Olympic coin is created by a perfectionist team, who are highly interested in minimizing of disappointing user experience of OLMP community members. Olympic coin can be identified, purchased or sold on exchanges under currency symbol OLMP.Olympic coin is a blockchain based decentralized cryptocurrency that rewards network participation via static proof of stake (POS). Olympic coin shareholders have the option of running a masternode and staking their coins in a stake able wallet. This provides dual benefits of securing the blockchain network as well as creating an opportunity for users to get incentives or dividends on their holdings.
Olympic Coin is Thrilled to Introduce Innovative Masternode Tier SystemMasternode system plays a very important role and is, indeed, a backbone of the network, blockchain protocol and the primary method of creating scarcity within the market, by offering active income to shareholders.
Until now, masternode systems only had one level, so coin shareholders would need to set up multiple cloud hosting accounts in case of choosing to have more than one masternode. We have reduced those expenses by creating a tiered masternode system. While standard cryptocurrencies are using fixed collateral for setting up masternodes, OLMP offers 8 different collaterals, granting 8 different staking rewards!
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