Orange

ORA (ticker: ORA) is a groundbreaking, mineable Algorand Standard Asset, fully governed by a powerful open-source smart contract. Like Bitcoin (ticker: BTC), ORA empowers multiple participants to compete within a decentralized and trustless environment to earn substantial rewards. The mining process for ORA is driven by transaction fees. Every time an account submits a "mine" (juice) transaction, the fee paid to the Algorand network is securely stored within the smart contract. The miner who accumulates the highest total of transaction fees in a specified period is confidently declared the winner, automatically receiving ORA coins after the next "juicing" cycle. Their accumulated fees are then reset to zero, ensuring a fresh start. What sets ORA apart is its innovative cumulative fee structure: only the winner’s effort resets, allowing even slower participants the opportunity to climb to the top over time, regardless of how many rounds they engage in.