Orichalcos Foundation

Orichalcos Foundation is established to make decentralized gaming platform with blockchain technology in 2018. The main development team is located in Seoul, South Korea. Orichalcos is a permissioned blockchain platform with self-stabilizing property governance that can be used in areas which require asset management and incentives granting like games. In order to maintain low volatility against fiat currency, we will operate the ACB (Algorithmic Central Bank) within the platform. Recognizing the user's right on asset distribution and in-game history, Orichalcos rewards with ORIC Stone which circulates within the platform in exchange for the effort and time of the users spent on the creation of new game data. This kind of self-stabilized reward for gameplay induces the game to be enjoyed deeply enough and stimulates participation in new games. The ORIC Stone will contribute to the game vitalization by consumption in item trading and various in-game contents. In addition, in the external exchange it can be made to an ORIC Token which is cryptocurrency. Game data will be archived and given to each user, which enables to preserve their game history and serves as a bridge between past and present.