The current price of TORQ Coin ($ 0.00005892) has increased in the last 24 hours.
TORQ Coin is a digital asset that is designed to bridge the gap between cryptocurrency and real-world assets, specifically in the Gold, Metal, and Coal mining sectors. The creators of TORQ Coin claim that it will revolutionize the traditional mining industry by leveraging the benefits of blockchain technology to create a business solution that will benefit the community.
TORQ Coin was developed with the vision to change the landscape of the mining business. Although specific names of the founders or team members are not provided, it is maintained by the TORQ Coin company, which aims to integrate the mining business with blockchain to provide more value to its investors.
TORQ Coin works by representing real asset value in the form of a cryptocurrency. It is claimed that the value of TORQ is backed by tangible assets through its affiliation with gold, metal, and coal mining operations. TORQ Coin would then be used to trade these real-world assets and support the mining business by infusing modern technology and investment practices.
The key selling point of TORQ Coin is its direct affiliation with the mining industry for gold, coal, and metals. By tokenizing mining assets, it purports to offer more transparent and secure investments in these traditional industries, making use of blockchain technology's inherent benefits, such as decentralization and immutability.
TORQ Coin claims to be affiliated with real-world mining businesses, creating a symbiotic relationship between cryptocurrency and the mining sector. It aims to utilize proceeds from the mined resources - gold, metal, and coal - to back the value of the TORQ Coin, thus ensuring that the holders of TORQ have an investment that is pure and valuable.
While specific details about the security mechanisms employed by TORQ Coin are not provided, cryptocurrencies commonly use various consensus algorithms like Proof of Work or Proof of Stake to maintain the integrity and security of the blockchain network.
TORQ Coin's role in the mining industry is to offer a new form of investment and trading for mining resources, through the use of cryptocurrency. The team behind TORQ claims it will enhance the liquidity and global reach of such assets while providing a novel way for the community to benefit from the mining business.
TORQ Coin has a market cap of $ , ranking it ##1 among all cryptocurrencies.
The trading volume of TORQ Coin over the last 24 hours has been 0.0, with a circulating supply of TORQ coins. The total supply that will ever be issued stands at 30.0M.
TORQ Coin can be purchased on several cryptocurrency exchanges. The exact list of exchanges offering TORQ can be found by visiting their official website or by checking the latest list of exchanges where TORQ is currently traded, which includes YoBit.
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