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Opalcoin (AUOP) is a cryptocurrency that aims to fund an opal mining project and benefit its masternode owners. With a focus on opal stones, Opalcoin was inspired by a visit to an opal mine in Australia several years ago. The team behind Opalcoin has developed a deep understanding of opal mining through contacts with mine owners and workers. They have identified a lease and are obtaining a license for this area, to allow masternode owners to participate in this business venture. Supported by influential business partners, Opalcoin seeks to capitalize on the potential of opal mining.
Opalcoin offers its users a range of services and benefits. Their webshop allows direct participation in the project’s success, offering opal stones for purchase. Additional products, such as processed stones and jewelry, will be gradually added. Paying with AUOP provides a 5% discount on opal stone purchases. While initially accepting AUOP, Opalcoin plans to expand payment options to include other cryptocurrencies such as BTC, LTC, and ETH. Shipping is available nearly worldwide, with shipping costs charged separately. The team also offers a gift service, providing opal stones with a certificate in an elaborate gift box.
As a hybrid masternode staking coin, Opalcoin rewards masternode owners and stakers. Masternodes earn 90% of the rewards, while 10% goes to stakers. The collateral required for a masternode is set at 100,000 AUOP coins, with 45 AUOP rewards for masternode owners and 5 AUOP rewards for stakers. Opalcoin has partnerships with various exchanges, hosting providers, and listing partners. The team is actively working on expanding their network of partners. With a focus on opal mining and a supportive community, Opalcoin aims to create opportunities for masternode owners and build a successful cryptocurrency project.
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