Rocky Mountain Ayre, Inc., a holding company has announced that it has officially launched HempCoin, its own cryptocurrency, on two Crypto-Currency exchanges: C-Cex and Yobit. HempCoin is backed by the marketable securities of RMTN, with every 10 HempCoins are backed by 1 share of RMTN. HempCoin runs on its own peer to peer blockchain like bitcoin but using a script technique similar to LiteCoin. HempCoin finished testing last year and has the same built in advantages of other cryptocurrencies with a limited supply.
President of RMTN, Tim Ayre commented: “We are extremely pleased to have started trading on two very well-known exchanges and we expect to trade on several more in the near future. We have completely remade our website, www.hempcoin.com. The website offers plenty of information for users looking to purchase or mine the coins. We wanted it to be sophisticated in scope yet still be user friendly and I believe we have succeeded there.”