Corion Platform: A price controlled stable coin - Smith + Crown

Corion Platform: A price controlled stable coin

Corion is developing a price controlled crypto token on the Ethereum blockchain.

Project Description

Corion is attempting to develop a price controlled crypto token on the Ethereum blockchain. The team claims that the object of the sale, the Corion token (COR), has an inflationary/deflationary model that is intended to reduce price volatility.

Project Details

Incorporation status CrypMo Foundation, Switzerland
Team openness Fully transparent
Blockchain Developer Andor Rajci
Technical White Paper Yes
Available Project Code Not available
Prototype Not available before sale

Token Details

Role of token Voting, payment, access, and contribution rights
Token supply Variable
Distributed in ICO Plan for 20 million
Emission rate Variable 0-2.5% daily
Blockchain Ethereum Classic
Consensus method Proof of Work

Sale Details

Sale period June 18th, 2017 to July 30th, 2017
First price 20% Bonus
Accepted currencies ETH, BTC, ETC
Investment Round First public offering
Token distribution date Right after purchase
Min investment goal None
Max investment cap None
How are funds held Smart contract
Minimal Viable Product Not currently publicly usable or verifiable, slated for Q4 2017)
Bonus schedule See white paper (1 st Day 25% Bonus, from 2nd day 20%, reducing weekly)

Official Resources