CorionX is a utility token and pioneer for the adoption, development of stablecoins, cryptocurrency education, DeFi, and CBDCs. The CorionX (CORX) IEO second round will run with a limited amount of tokens from August 18th to September 1st, 2020.
Swiss-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.
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What is CorionX
CorionX (CORX) is an ERC20 utility token for an educational platform that focuses on the adoption and education of stablecoins, CBDCs, 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. Its partnership with top Korean Exchange Probit gave Corion the perfect platform to launch its 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, its 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.
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