Striving To Change Global Payments, The CorionX Token Come To Spread Stablecoins

in #blockchain4 years ago

Corion.jpg

CorionX is one of the many crypto investment projects you can find on the internet. By grasping the idea of modernizing global payment, the CorionX bring numerous solutions to transform the payment method from the traditional bank system. It can be said that they propose a quite interesting idea which is supporting the development and spreading the Stablecoin to help the crypto finance market. And how they do it? this some explanation for you.

Watch this Video First:

Getting To Know The Corion Foundation

Starting from getting to know the foundation. It is very important to understand the main reason and who are they, thus you should know who are the people behind this idea. The one who runs this crypto investment is Corion Foundation, a Swiss-based foundation founded in 2016. Quite old, which means they have sufficient experience in the financial world. The foundation was created to develop and expand the use of Stablecoins and cryptocurrencies.

From that information, you can say that they want to digitalize all the global payments. They clearly state that the aim is to encourage the global use of Stablecoin, Central Bank Digital Currencies, Decentralized finance, and other reliable cryptocurrencies. This is not the first movement you can ever find on the internet, but the application is rather unique. How could? They use the blockchain technology in the form of CorionX as your incentive or bonus.

So, to make it bluntly, you can say that the more you use the Stablecoin the more you will gain money or incentive. This is interesting at some point. You can invest in the project, let the Stablecoin growing bigger, then gain some dollar from it. The Aim is rather vast and good. You can say that every project that looking or trying to establish the use of cryptocurrency will be their target. The foundation will be a common platform for such projects.

Still, confused? To make it easy to understand, let's say that the foundation tries to spread the Stablecoin and led everyone to digitalized their payment method. They do that by offering support for any decentralized and crypto finance market to use the Stablecoin. They can join by investing in the project and buy the token. Now, the token also the media that used as the native currency plus the way you gain money and incentive. That is it!

Spreading The Stablecoin To Support The Decentralized And Crypto Finance Market

So how they spread and support it? in this case, you can that the foundation has been prepared for a long time. They propose that the movement will be done in numerous ways. You can see it on their official site. There are 9 methods or ways that will be done by the foundation. There is market research, market insight, review, dedicated Stablecoin, market presence, events, mutual infrastructure, increasing the market, and increasing adoption.

They start with the event in which they representing the community and helping the stable price payment asset project on a significant amount. Then, they go with the mutual infrastructure plus increasing the market that consists of e-wallet, merchant gateway, or swap. After that, they will convince the e-wallet provider to accept the blockchain. Monitor the market, interview the industry experts, and review stable priced payment assets.

With that idea done prior, the foundation will later develop its stable payment asset which is the Stablecoin. This phase still in the process and will come in the future after the investment stage is finished. The market presence phase will be about how the foundation market themselves by publishing supporting articles. After that, the cycle will be back to the event stage to expand the use of Stablecoin while getting more collaboration with another crypto.

Corion Foundation Services

To spread the Stablecoins, Corion also offers numerous services. Why they do that? The service will bring interesting value and help for other ongoing crypto projects. Think about it, developing and success a digital money investment or adapting the cryptocurrency in any market is not easy. Thus, many people will consider consulting the more expert corporation which is this Corion foundation. This is a great solution for everyone.

After that, the foundation will come with the white paper review, fundraising and investment, merchant acquisition, business model plus white paper review, working with the legal and company setup, integrating wallet and merchant gateway, or representing on the event and provide access to the community. In short, Corion will help other corporations to expand by using the Stablecoin, join in the Corion community, plus gain some cash from the CorionX token.

The Stablecoins Movement

Until here, hopefully, you understand the idea. But in case you are still questioning the Stablecoin, then let's talk about it. You can say that the Stablecoin is programmable money which believed as the new crypto instrument to change the global payments. If you notice, they use the idea of the rewarding participant and the contributors with their CorionX token. Thus, they can lure people and reach mainstream adoption of the Stablecoin in the future.

Corion Stablecoin Ecosystem.png

If you are interested to join the movement, at least you can find one of their programs as the most suitable for you. In this case, Corion creates 9 programs that open for language preferences. You can choose a content program that good for journalists, bloggers, etc. There is also an event program, social media, partner, merchant program, ambassador, finance, or others. All of them are available for different people with different occupations or preferences.

The Use Of Corionx Token With Blockchain Technology

As stated before, they use CorionX to give rewards for the participant or contributors. So basically, the CorionX is the native currency that functions as the incentive of using the Stablecoin and digital money. You can say that the CorionX is the gas for the Stablecoin. It entices people to join the movement and provide benefits for everyone. At the same time, the CorionX is the utility token used for all of the Transaction in the ecosystem.

Corion Features.png

It used for usage, adoption, and spreading the Stablecoins, Openfiance, crypto, DeFi, and CBDCs solutions. And to do all of that, the foundation will use the infamous blockchain technology. In many cases, blockchain is very common to power this type of investment. The use of blockchain will boost data, payment assets, and investment assets safety. It also comes with better transparent transactions, so you and the foundation can witness any kind of activity.

In all consideration, you can believe that many blockchains and cryptocurrency investment will guarantee the data digitization, investments, open finance, and payments. It even considered a revolution of digital asset transfers. Anyone, wherever, and whenever you are the blockchain technology allow you to proceed with any kind of transaction. So, this is why this technology is commonly used. It can gather more audience while providing save and great transaction.

The Benefits Of Staking And Using The Token

Is it worth investing in this project? Many people whether they are investors, traders, or merchants will think about whether they got benefits or not. This is the thing, you can stake the CorionX and gain more than enough money in the future. Your investment money will grow along with the Stablecoin development. They state that the token holders are rewarded 2.5% staking quarterly in the loyalty staking program. It is easy to use and great at popularizing the stable coin.

Worth noting that the project is growing by fundraising. It developing the IEO and possibly ICO in the future. The CorionX has fair token distribution with 400.000.000 utility tokens available. In this case, the allocation will be split into 2 main parts. The CorionX distribution and the tokens that allocated as a loyalty staking program. The 75% distribution goes to the community, 20% for the foundation and 5% will go to the bounty and team.

Timeline and IEO

The roadmaps of this project were started from a long time ago, 2016 for the specific. It started with market research and the Stablecoin mission. It continued with the team and developers. Creating Corion wallet 1.0, Corion support, then starting the Collaboration with Stablecoin projects at the end of 2019. In 2020, Corion has started getting Stablecoin trade association members, creating the CorionX project, and the foundations for Stablecoin infrastructure.

On 20th July 2020, CorionX is starting its IEO fundraising on the internet. For whoever interested in this project, joining the IEO will come with great benefits. You can get 34% bonus for the PROB, and the 25% bonus for USDT, BTC, and ETH. Since it is the first phase, this will be a great investment for those who like this kind of investment. If you consider joining the train, it is better to check the official site beforehand.

Corion IEO Probit.jpg

It can be said that the idea that the Corion foundation hold is not bad. They establish a blockchain project with its native currency to help to spread the Stablecoin. This Stablecoin is a new crypto instrument that will help to digitalize the global payment. It also developed to further help to support the decentralized and crypto finance market. A little bit confusing for the beginner, but all in all the idea is to make people move on and use more modern saving and payments.

Corion TimeLine.png

Ann Thread: https://bitcointalk.org/index.php?topic=5263408.0
Website: https://corion.io/
White Paper: https://corion.io/corionx-whitepaper-en/#

Social Media:
https://twitter.com/CorionPlatform
https://www.facebook.com/CorionFoundation
https://www.linkedin.com/company/corionplatform/
https://medium.com/@Corion
https://www.youtube.com/channel/UCD9royvfm_-02vV9eHvZk8A

Posted by kurniawan05

Profile link: https://bitcointalk.org/index.php?action=profile;u=1187741
PoA: https://bitcointalk.org/index.php?topic=5262143.msg54806754#msg54806754

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