CORIONX: A NEW PLATFORM THAT ENCOURAGES THE USE OF STABLECOINS
INTRODUCTION
This stablecoin market has only just been discovered as the new categories of currencies that are so useful in that they are able to combine the stable price feature of fiats currencies together with the technological advantages that cryptocurrencies offered to be an hybrid type of currency that can be invested in without any problem. However, the industry has just been created and so it hasn't really been bombarded by so many users and so needs to be adopted to make them able to affect the financial world positively. The first set of adopters are the fintech companues, they are smart enough to have invested in it to their own advantage and now it is time to make it open to everyone else through this project called Corionx.
THE CORIONX PLATFORM
This platform has just provided a way to improve the finance of many millions of people on the blockchain through the utility coin provided (Corionx) which would make stablecoin useful as well as other assets like the Central Bank Digital Currencies and even the open finance currency. This platform would be raising a stablecoin user network where all partakers would be present together with all the service providers. This platform would help improve sectors like education with the contribution of stablecoins, improving their framework to make payments done using stablecoins in the sector to achieve promotion in them. So i can tell you that this platform is more like a stablecoin movement platform that seeks to help many people and sectors achieve progress in their use of stablecoins in day to day activities.
THE STABLECOIN MOVEMENT
CorionX is working on different innovations aimed at increasing awareness for stablecoins. The major innovation is the enablement of The Stablecoin Movement, which is meant to be a means of engaging many people in the drive to promote all that stablecoins can do for the crypto economy.
Below, you will find out some of the attributes of The Stablecoin Movement, as orchestrated by CorionX.
SOCIAL MEDIA PROGRAM
The first thing that CorionX does is to create a massive awareness for stable cryptocurrencies by promoting posts on social media platforms to that effect.
Ideally, the platform will engage social media users to understand what it has to offer and how it intends to decentralize the use of stablecoins.
Shortlisted social media users that facilitated the most engagements will be rewarded accordingly.MERCHANT PROGRAM
Cryptocurrency payments are not new. At the same time, it takes merchants that understood the financial market to understand that they need to start accepting cryptocurrencies as means of payment.
To that end, CorionX simplified the process further by allowing you to leverage the Merchant Program that incentives you for accepting specific stable cryptocurrencies as means of payment.
PARTNER PROGRAM
Of course, you can always liaise with the CorionX team to see how the stablecoin economy it is projecting can be of importance to your business.
As a partner, you will enjoy many benefits, including making some money from participating in bounties instituted by CorionX
THE PROVISION OF CORIONX TOKEN
Even though Corionx is not a stablecoin itself in anyway, it is the special force or token to make it sorry and as such is like the fuel that makes stablecoin burns and get more exposure. So as people begin to use Corionx, they get advantages that can be gotten when stablecoins are used. For that purpose, Corionx has been made a ERC20 token that can be purchased on exchanges, that can be staked and also used just like any other token on the blockchain, except that it is connected to stablecoin.
SOME SPECIAL USE CASES OF CORIONX TOKEN
All stakeholders in the financial industry, in the blockchain and even projects can make use of Corionx token to gain access to services in the Corionx foundation. Stablecoin also has its potentials linked to it and therefore directs its stakeholders to use it directly as they are facilitated by the platform directly.
In Corionx foundation, some operations demands that fees be paid and registrations be made to be a member. To this end, Corionx can serve as a token for such payments as services are used in the ecosystem. Moreso, only the Corionx token users are able to use the platform. The platform would be restricted to those who have the token to be able to transact across its network.
CORIONX foundation is currently working on making white label infrastructures useful on its community. It aims to establish this through forming partnership with the original companies that hold this value.
To all the holders of Corionx token, they shall all be entitled to claim a 2.5% reward for holding the token. They will be able to stake and get additional staking rewards from the stablecoin loyalty staking program that is meant for the Corionx token holders.
CONCLUSION
This is just a brief summary of what you can gain with Corionx platform and the token. Once you begin to use this platform, you are automatically a stablecoin user and will be treated accordingly in the advantages that should come as a result of being a user.
USEFUL LINKS
Website: https://corion.io/corionx/
Whitepaper: https://corion.io/corionx-whitepaper-en/#
Telegram: https://t.me/corionx
Twitter: https://twitter.com/CorionPlatform
Facebook: https://www.facebook.com/CorionFoundation
Medium: https://medium.com/@Corion
LinkedIn: https://www.linkedin.com/company/corionplatform/
Youtube: https://www.youtube.com/channel/UCD9royvfm_-02vV9eHvZk8A
AUTHOR
Bitcointalk Username: Bbbuyax
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2846159;sa=summary