IEO Archive

CorionX and Syscoin Join Hands to Drive Stablecoin Adoption, CorionX IEO Enters Third Round

Press Release: The Corion and Syscoin non-profit foundations have announced a partnership to address blockchain market interoperability issues and accelerate stablecoin adoption. The CorionX IEO third round started on the 5th October, 2020

 

6th October 2020, Zug, Switzerland – The non-profit Corion Foundation is pleased to announce a new partnership with the Syscoin Foundation. The foundation partnership is the result of a shared vision to make global access to swift, safe low-cost Open Finance solutions a reality. 

 

The foundations of Corion and Syscoin will coordinate campaigns to educate and spread awareness using AMAs, Webinars, Training Sessions, Seminars, Working Groups, and all other means. They will also work together on marketing and certain business development initiatives. CorionX is hosting the third and final round of its CORX DeFi token IEO which started on Probit exchange on Monday the 5th of October, 5:00am (GMT+2

 

The ETH Conundrum

Scalability and cost are two of the biggest factors that determine whether or not a new digital currency will have a chance to be adopted on a global scale. Ethereum is currently the blockchain of finance, but increasing stablecoin and DeFi transactions have exacerbated an already congested network, only equipped to process around 15 transactions per second. 

 

Such congestion has resulted in record ETH transaction fees ($15 this September) for ERC-20 token users, and by even the most optimistic claims, the phase zero groundwork of the solution promised by the ETH 2.0 Launch will not come into effect until November, 2020. With stablecoins unable to go mainstream due to Ethereum network limitations, and big questions still hanging over token scalability, it seems that interoperability is the next logical step

 

The Stable Solution

The Syscoin and Corion foundations are currently working together to provision Syscoin Bridge, a decentralized cross-chain interoperability solution that works today, to support CorionX (CORX), Corion’s ERC-20 token and other Ethereum-based Stablecoins and DeFi tokens. The Layer 2 and Cross-Chain bridge solution provides scalability and microtransactions, solving the micropayments issue and scaling-up stablecoin transactions. 

 

This Solution will provide cheaper and faster transactions enabled by Syscoin’s unique Z-DAG Protocol, and more robust security offered by Syscoin’s blockchain which is bitcoin-core-compliant and merge-mined. 

 

Jag Sidhu, Syscoin Foundation Chairman stated: 

 

“Our combined focus will include specific stablecoins, DeFi, and helping the unbanked and over-banked. Together we will drive wider adoption of blockchain technology.“

 

Syscoin and CorionX believe that with the right solutions asset-backed digital tokens on the blockchain will create more efficient and beneficial economies. Lower costs, easier compliance, greater convenience for users, and more participation. The integration between the two companies will solve problems with interoperability, and provide fast, cheap scalable transactions. 

 

A Step Towards Mass Adoption

CorionX is designed to create the global framework for education, expansion, and promotion for the usage of stablecoins, CBDCs, crypto saving, lending, OpenFinance and DeFi. 

Corion Foundation’s #MoneyInTheRightDirection Movement has already started aiding the paradigm shift towards the mass adoption of crypto, digital and programmable money.

 

Miklos Denkler, Corion Foundation Board Member, explains the great ambition of the partnership, stating: 

 

“This partnership will expand crypto and stablecoin use-cases, and help millions of people and crypto communities use CorionX and Syscoin services worldwide. It presents an amazing opportunity for both partners to empower the crypto community to make scalable transactions, experience user friendly DeFi, and to make cryptocurrency savings and investment more mainstream.” 

 

This pioneering movement includes the Corion educational organizations, crypto projects, influencers, financial providers, independent investors, and journalists who all support the mainstream adoption and education of crypto assets, stablecoins and Decentralized Finance solutions. The CorionX utility token itself even supports the everyday use of crypto, with benefits through business partnerships, white label solutions, and Token Loyalty Staking with quarterly rewards. 

CorionX IEO 

Following a successful second round, CorionX is preparing for its third IEO round for its CORX token on Probit Launchpad, The IEO token funds will be used towards the #MoneyInTheRightDirection Movement’s programs, Integrations, Staking, Savings, Benefits and CashBacks.

 

IEO Details

Token: CorionX (CORX)

Token Type: ERC-20

Round Date: 2020-10-05 05:00 (GMT+2)

Price 1 CORX = 0.015 USDT

Token Bonus: PROB: 7%, USDT, BTC, ETH: 5%

IEO total token supply: 61.5 million

Bonus Lockup: 3 months after listing

 

About Corion Foundation

Corion Foundation is a non-profit organization,founded in 2016. It was created with the aim of helping the development and spread of stablecoins and reliable cryptocurrencies across the world. 

               

About Syscoin Foundation

Founded in 2018, the Syscoin Foundation is a non-profit organization that represents the Syscoin core development team, secures the code repositories, and oversees public relations for the protocol. Its goal is to expedite the global adoption of blockchain technology by demonstrating the unique decentralization features offered by Syscoin Platform.

 

Join the 3rd round of the CorionX IEO – https://www.probit.com/en-us/ieo/corx-round1/2  Learn more about the about the Corion Foundation https://corion.io 

Follow CorionX on Facebookhttps://www.facebook.com/CorionFoundation

Find CorionX on Twitterhttps://twitter.com/CorionPlatform

Join the CorionX community on Telegramhttps://t.me/corionx

Read about CorionX on Mediumhttps://medium.com/@Corion

 

Learn more about the Syscoin-Ethereum Bridgehttps://syscoin.org/syscoin-bridge 

Find Syscoin on Twitterhttps://twitter.com/syscoin 

Join the Syscoin community on Telegram https://t.me/Syscoin_Official 

 

Media Contact Details

Contact name: Miklos Denkler

Email: info@corion.io

 

CorionX is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

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The TRON Network is About to Get its First-ever Public Oracle System

According to the team behind the Bridge oracle, the lack of this infrastructure is currently a pain point as it limits the blockchain’s use case to a tokenization platform.

They believe that the creation of this system is crucial for attracting small businesses who may not have the means, ability or time to create their own dedicated oracles. This could help the Tron (TRX) network progress and expand in the months and years to come.

As the project’s white paper explains, “Creating a public oracle system on Tron network will cause people to be able to implement their local or small business on blockchain, as well as benefit from peer-to-peer payment methods on the Tron network using native coin and tokens.”

The Importance of Smart Contracts

Oracles make blockchains more than just a tool for asset tokenization; they also allow for the creation of a programming ecosystem. Bridge aims to deliver this connectivity, meaning that decentralized apps can finally be created for ordinary users on the Tron blockchain.

Although the Tron network has succeeded in attracting developers, the Bridge team believe that there’s more work to be done. This blockchain currently has the second-highest number of DApps worldwide at 750, a number far behind Ethereum’s 3,000. “There should be a practical solution to fill the gap, based on which Tron is enabled to outpace Ethereum and stand in first place,” the project’s white paper states. The number of active accounts on Tron could surpass that of Ethereum soon, according to Coin Metrics — a vision that Bridge hopes to build and be a part of.

The team draws parallels to the early days of the internet, when many businesses struggled to establish an online presence. This all changed when ready-to-use content managers such as WordPress and Joomla came along, as technical hurdles were dismantled for smaller firms.

When it comes to tokenomics, the oracle has issued a dedicated asset known as the Bridge token (BRG) on the Tron blockchain. This is designed to offer a more affordable option when paying for the oracle’s services, and is set to deliver a “significant” discount in comparison to paying with TRX.

An initial exchange offering event is being held on Sept. 15, 2020, during which 20% of the total supply of BRG will be sold to people around the world. The team says one of the main goals when it comes to releasing tokens is to achieve “maximum dispersion and avoiding centralization.”

Top advisors

The Bridge project says it has attracted some top advisors to help steer the project going forward, including Mate Tokay, the CEO of Bitcoin.com. As well as being a vocal proponent of the Bitcoin (BTC) and Bitcoin Cash (BCH) communities, he has a degree from the International Business School in Budapest. He is joined by Sydney Ifergan, an experienced marketer and crypto expert, as well as Mike McCarthy, who Bridge describes as “one of the most influential and loyal characters of the Tron community.” Bridge’s CEO is Hakan Estavi, who has been an investor in the crypto space since 2016.

Looking ahead, the mainnet is scheduled to launch in late 2020. From there, BRG will be listed on more exchanges. The fully decentralized oracle system is expected to be live in 2022.

This content was originally posted on Cointelegraph at https://cointelegraph.com/news/the-tron-network-is-about-to-get-its-first-ever-public-oracle-system

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CorionX is ‘Gas’ for Stablecoin and DeFi Adoption. IEO Second Round Starts August 18th on ProBit Exchange

 

Bitcoin Press Release: CorionX is a utility token and pioneer for the adoption, development of stablecoins, cryptocurrency education, DeFi, and CBDC’s. The CorionX (CORX) IEO second round will run with a limited amount of tokens from August 18th to September 1st, 2020. 

 

12th August 2020, SwitzerlandSwiss-based Corion Foundation launched in 2016, and focuses on bringing the cryptocurrency and stablecoin industries together with its own utility token, and education platform. Since its inception, the project has branched out into the DeFi industry and CBDC (Central Bank Digital Currencies) market, to help millions gain access to these emerging technologies. 

 

What is CorionX?

CorionX (CORX) is an ERC20 utility token for an educational platform that focuses on the adoption and education of stablecoins, CBDC’s, OpenFinance, Crypto Saving & Lending  and DeFi solutions. The project has a strong community foundation, and vision of forging a collaboration between all of these industries and building a global community to onboard mainstream users. The company is already achieving this vision through the success of the #MoneyInTheRightDirection Movement.

 

CorionX Movement and Partnerships

#MoneyInTheRightDirection is a movement that Corion started back in 2019 to develop and educate Individuals, financial providers, hedge funds, and merchants about stablecoins, cryptocurrencies, and open finance solutions. 

The movement was created to accelerate cryptocurrency and Decentralized Finance adoption on every level. From teaching the aspiring cryptocurrency enthusiast to manage a digital wallet, and invest in cryptocurrencies on their own, to guiding a large stablecoin project in finding the right influencers for its development. 

In addition to project development, educational programs, and the #MoneyInTheRightDirection movement, CorionX have also been forming strong partnerships with industry leaders to further its cause for mainstream adoption. It’s partnership with top Korean Exchange Probit gave Corion the perfect platform to launch it’s utility token IEO. 

The Swiss-based platform also forged partnerships with wallet integration XcelPay, portfolio tracker CoinMarketAlert, interoperability bridge Syscoin and San Francisco-based next gen banking platform Vesto.io

 

Key DeFi Industry Problems

Interoperability is something that has not yet been applied to the stablecoin market.There is no specific project that supports, promotes and co-operates with other stablecoins, cryptocurrencies, and DeFi projects. 

The majority of projects usually focus on their own specific coin, it’s purpose, or solution. There is only minimal collaboration within these parties, and they rarely integrate each other’s solutions. It is therefore difficult for the mainstream to enter the market and use stablecoins, manage cryptocurrency, and understand DeFi’s potential, due to a lack of education and industry collaboration.

 

The CorionX Solution

CorionX is building a global community where every member can share knowledge, use cases and information on all facets of varied digital finance. The CORX ERC20 utility token will act as an incentive for stablecoin and DeFi adoption, and fuel the movement members & other participants to share information, build the community, and use practical crypto applications. 

Everyday users have much different needs to large companies. Ordinary users will benefit greatly from the CorionX education program and practical apps, while bigger industries and companies can take advantage of the deep technical analysis, and complex strategies the company has to offer. 

All users, and holders of CORX will be an integral part of the solution, and will personally benefit from their involvement. A few of the the additional benefits of the CorionX Utility token include:

  • CorionX token holders are entitled to be rewarded 2.5% quarterly in the Loyalty Staking Program after their average balance, without locking up the funds.
  • CorionX can be used to pay membership fees and other service fees of CorionX, Corion Foundation and partners infrastructure in CorionX.
  • The CorionX team and community recruits merchants to accept stablecoins and they will be able to discuss cashback promotions in CorionX.
  • Service providers and merchants accepting stablecoins will be motivated to use CorionX for promotions and cashbacks to encourage stablecoin payments and usage within their consumers.
  • CorionX is used for bounties to increase the number of community members and their stablecoin/cryptocurrency usage.

 

CORX token IEO

The CORX ERC20 utility token IEO second round is about to start on ProBit Exchange, which will run from 05:00 August 18th, (GMT+2) to 16:59 September 1st, 2020. 

Participants of the IEO can purchase CORX for $0.015 USDT, and can take advantage of an impressive 13% bonus for all purchases with USDT, BTC and ETH. Participants can bump that bonus up to 15% when purchasing with ProBit’s native token PROB. 

The CorionX IEO represents a great opportunity for enthusiasts and companies to be a part of a groundbreaking project, and benefit from staking rewards, DeFi evolution, bounties, and promotions. 

Register here for the CorionX IEO today! 

 

Media Contact Details

Contact name: Miklos Denkler

Email: mike@corion.io

 

Learn more about CorionX https://corion.io/corionx/

Join the second round of the CorionX IEOhttps://www.probit.com/en-us/ieo/corx-round1/1

Read the Whitepaperhttps://corion.io/corionx-whitepaper-en/index.htm#

Follow CorionX on Twitter https://twitter.com/CorionPlatform 

Find CorionX on Facebook https://www.facebook.com/CorionFoundation 

Join the Official Telegram Group https://t.me/corionx 

CorionX on YouTube https://www.youtube.com/watch?v=AaSJ2_HhF8I

Official Corion Medium Blog https://medium.com/@Corion 

Meet the Corion Team on Linkedin https://www.linkedin.com/company/corionplatform/

 

CorionX is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

 

About CryptoMarketeer.com : CryptoMarketeer has been proudly serving the crypto press release distribution needs of blockchain start-ups. Get your Crypto Marketing Services & Press Release Distribution today.

 

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Ocean Protocol Token OCEAN Trades on Bittrex International Today

Bitcoin Press Release: OCEAN Token, the native digital currency of the Ocean Protocol network, begins trading on Bittrex International today after raising $6 million in an IEO

May 3rd 2019, Singapore Ocean Protocol (CURRENCY: OCEAN) will begin trading on Bittrex International today (May 3) at 19:00 CEST / 17:00 UTC. The Initial Exchange Offering (IEO) started on April 30 with 56.4 million tokens up on offer. The IEO will end today 18:00 CEST / 16:00 UTC. OCEAN tokens will be unlocked two hours before listing on Bittrex International.

 

Ocean Protocol is the world’s first general purpose data sharing platform powered by blockchain technology with a mission to provide safe, privacy-preserving and borderless data sharing to unlock the Data Economy. It is a decentralized platform that enables anyone to build data services, AI services and marketplaces on top, connecting individuals, industries, startups, governments, academia, and data and AI experts.

The Ocean Vision

OCEAN Token is the native digital currency that will be used in the Ocean Protocol network and ecosystem. All data exchanges and services rendered in the ecosystem will be processed, transacted with, or fueled by OCEAN.




“It is rewarding to see the community get behind our vision for a new Data Economy and believing in Ocean Protocol. We are grateful to the 8,000 supporters from all our fundraising rounds who backed the project.said Bruce Pon, founder of Ocean Protocol.

The Ocean Protocol team will continue to deliver software and network updates over the next two years, with five phases planned, each providing more sophisticated features, incentives and enhanced performance.”

To support and start this new data economy, Ocean Protocol has partnered with industry incumbents and startups to demonstrate how the safe sharing of data can help advance industries and improve people’s well-being. In the Insurance sector, Aviva and ConnectedLife are applying data analytics and artificial intelligence on smart home data to enhance the protection and care for the ageing population and support independent living; while in Healthcare, Roche Diagnostics is exploring ways to improve care for patients on blood-thinning therapy. In Retail, Next Billion is piloting a new data sharing model that rewards rural store owners for contributing sales data. In the academic space, Ocean Protocol is collaborating with AI Singapore to drive innovative programmes that empower AI talents to conduct advanced research and bring it to practice.

To register a Bittrex International account, go to https://international.bittrex.com

About Ocean Protocol

Ocean Protocol is a decentralized data exchange protocol to unlock data for AI. Through blockchain technology, smart contracts, and tokens, Ocean Protocol connects data providers and consumers, allowing data to be shared while guaranteeing traceability, transparency, and trust for all stakeholders involved. It allows data owners to give value to and have control over their data assets without being locked-in to any single marketplace. By bringing together decentralized blockchain technology, a data sharing framework, and an ecosystem for data and related services, Ocean Protocol is committed to kick-starting a new Data Economy that touches every single person, company and device, giving power back to data owners, enabling people to reap value from data to better our world. Visit oceanprotocol.com to find out more.

About Bittrex International  

Bittrex International operates a secure, reliable and advanced digital asset platform built on Bittrex’s cutting-edge trading technology. Our mission is to be a driving force in the blockchain revolution, increasing adoption of this innovative technology around the world. This international trading platform operates within the regulatory framework established by the European Union and Maltese Government, including the Malta Virtual Financial Assets Act. The company will apply to the Malta Financial Services Authority to become a regulated Virtual Financial Asset exchange. Learn more at https://International.Bittrex.com.

For more information, visit the website: www.oceanprotocol.com

Join the conversation on Twitter: https://twitter.com/oceanprotocol

Chat on Telegram: https://t.me/joinchat/GUyxrE0Hi154D0NrlOqLFg

Connect on Linkedin: https://www.linkedin.com/company/13429589/

Check out the Ocean blog: https://blog.oceanprotocol.com/

Media Contact Details

Contact Name: Patty Lee

Contact Email: patty@oceanprotocol.com

Ocean Protocol is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all. Token sales are only suitable for individuals with a high risk tolerance. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

 

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