OroPocket: "Invest in Gold & Silver. Save, Grow & Spend it - Anytime, Anywhere." will provide asset-based debit cards, that will enable you to spent your asset-backed value anytime, worldwide. "Shop online, offline or withdraw cash at the ATM."
Since all tokens on your OroPocket debit card are backed by real-world assets, it will basically be the most liquid investment portfolio up to date: you can spend the value of your investments instantly, 24/7. OroPocket only charges 0.25% fee on transactions. That's it. No other costs like storage costs or any additional hidden costs. If you compare this to any other way to manage investment portfolio's, these limited amount of costs are revolutionary. OroPocket is a blockchain-based use case that has successfully cut out the middleman and combined that with a user-friendly application.
The first tokens that will be available will be gold- and silver backed tokens, tokenized on Tezos.
"OroPocket Gold & Silver are the first precious metals tokenized on the Tezos blockchain mainnet. The high throughput and low fees, with strong on-chain governance enable us to adopt blockchain in an effective manner for micro-transactions, auditing and ownership. Your assets are 100% insured & backed by 1:1 physical assets stored in Vaults in UK, Switzerland, Singapore & India."
Additionally, OroPocket will have DeFi applications available that enable you to get instant loans, stake your assets to earn stakingrewards and much more.
