New Demand-Based Cryptocurrency Seeks to Challenge Bitcoin
Cryptocurrencies are hot - that's the least we can say. But still, they are mostly used as an investment rather than a tool to use in everyday life - for which they were actually created.
The main reason for this is that the value of cryptos is usually based on risk, volatility, and scarcity.
If you sell physical goods, you don't want to charge a certain amount of Bitcoin for your product, only to wake up in the morning and see that same amount has decreased in value.
New Crypto In Town
But now there's new crypto in town! Corion Coin is a very promising coin that was built on the Ethereum blockchain. It carries all the benefits of the blockchain, but it is also stable against the USD, due to automated inflation and deflation control. This makes it not only equally profitable as other cryptocurrencies, but also very useful as a coin for day to day use.
Corion is fast and secure and gives its users predictable profits based on demand, not scarcity. It is the market-based alternative to mining.
Anyone can use COR tokens and watch their profits grow through daily gain percentages based on demand, without having to speculate and daytrade. Corion Coin prevents the risk and volatility that defines other cryptocurrencies. Based on demand the Corion Coins in a user's wallet can increase by up to 2.5% daily.
With its proprietary marketplace, COR users can translate their income into cryptocoins, buy and sell products, open and operate businesses, and accept cryptocurrency on one stable platform that offers them regular profits in addition to all the benefits of being based on blockchain technology.
Read the full and original article here
Sources: Huffingtonpost and corion.io
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