{"id":17415,"date":"2020-10-08T09:00:04","date_gmt":"2020-10-08T13:00:04","guid":{"rendered":"http:\/\/bitcoinprbuzz.com\/?p=17415"},"modified":"2020-12-15T18:59:15","modified_gmt":"2020-12-15T18:59:15","slug":"corionx-and-syscoin-join-hands-to-drive-stablecoin-adoption-corionx-ieo-enters-third-round","status":"publish","type":"post","link":"https:\/\/wire.bitcoinprbuzz.com\/corionx-and-syscoin-join-hands-to-drive-stablecoin-adoption-corionx-ieo-enters-third-round\/","title":{"rendered":"CorionX and Syscoin Join Hands to Drive Stablecoin Adoption, CorionX IEO Enters Third Round"},"content":{"rendered":"

Press Release: <\/b>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<\/span><\/i><\/p>\n

 <\/p>\n

6th October 2020,<\/b> Zug, Switzerland –<\/b> The non-profit <\/span>Corion Foundation<\/span><\/a> is pleased to announce a new partnership with the <\/span>Syscoin Foundation<\/span><\/a>. The foundation partnership is the result of a shared vision to make global access to swift, safe low-cost Open Finance solutions a reality.\u00a0<\/span><\/p>\n

 <\/p>\n

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 <\/span>Monday the 5th of October, 5:00am (GMT+2).<\/b><\/p>\n

 <\/p>\n

The ETH Conundrum<\/b><\/p>\n

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.\u00a0<\/span><\/p>\n

 <\/p>\n

Such congestion has resulted in record ETH transaction fees ($15 this September<\/span>)<\/b> 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 <\/span>November, 2020<\/b>. 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.<\/span><\/p>\n

 <\/p>\n

The Stable Solution<\/b><\/p>\n

The Syscoin and Corion foundations are currently working together to provision <\/span>Syscoin Bridge<\/span><\/a>, a decentralized cross-chain interoperability solution that works today, to support <\/span>CorionX<\/span><\/a> (CORX), Corion\u2019s 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.\u00a0<\/span><\/p>\n

 <\/p>\n

This Solution will provide cheaper and faster transactions enabled by Syscoin\u2019s unique Z-DAG Protocol, and more robust security offered by Syscoin\u2019s blockchain which is bitcoin-core-compliant and merge-mined.\u00a0<\/span><\/p>\n

 <\/p>\n

Jag Sidhu, Syscoin Foundation Chairman<\/b> stated:\u00a0<\/span><\/p>\n

 <\/p>\n

\u201cOur combined focus will include specific stablecoins, DeFi, and helping the unbanked and over-banked. Together we will drive wider adoption of blockchain technology.\u201c<\/span><\/i><\/p><\/blockquote>\n

 <\/p>\n

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.\u00a0<\/span><\/p>\n

 <\/p>\n

A Step Towards Mass Adoption<\/b><\/p>\n

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.\u00a0<\/span><\/p>\n

Corion Foundation\u2019s <\/span>#MoneyInTheRightDirection<\/span><\/a> Movement has already started aiding the paradigm shift towards the mass adoption of crypto, digital and programmable money.<\/span><\/p>\n

 <\/p>\n

Miklos Denkler, Corion Foundation Board Member<\/b>, explains the great ambition of the partnership, stating:\u00a0<\/span><\/p>\n

\u00a0<\/span><\/p>\n

\u201cThis 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.\u201d\u00a0<\/span><\/i><\/p><\/blockquote>\n

 <\/p>\n

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.\u00a0<\/span><\/p>\n

CorionX IEO\u00a0<\/b><\/p>\n

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

 <\/p>\n

IEO Details<\/b><\/p>\n

Token: <\/span>CorionX (CORX)<\/b><\/p>\n

Token Type: <\/span>ERC-20<\/b><\/p>\n

Round Date: <\/span>2020-10-05 05:00 (GMT+2)<\/b><\/p>\n

Price 1 CORX = <\/span>0.015 USDT<\/b><\/p>\n

Token Bonus: PROB: <\/span>7%, <\/b>USDT, BTC, ETH: <\/span>5%<\/b><\/p>\n

IEO total token supply: <\/span>61.5 million<\/b><\/p>\n

Bonus Lockup: <\/span>3 months after listing<\/b><\/p>\n

 <\/p>\n

About Corion Foundation<\/b><\/p>\n

Corion Foundation is a non-profit organization,founded in <\/span>2016<\/b>. It was created with the aim of helping the development and spread of stablecoins and reliable cryptocurrencies across the world.\u00a0<\/span><\/p>\n

\u00a0\u00a0\u00a0 <\/span>\u00a0\u00a0\u00a0 <\/span>\u00a0\u00a0\u00a0 <\/span>\u00a0\u00a0\u00a0 <\/span><\/p>\n

About Syscoin Foundation<\/b><\/p>\n

Founded in <\/span>2018<\/b>, 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.<\/span><\/p>\n

 <\/p>\n

Join the 3rd round of the CorionX IEO \u2013<\/b> https:\/\/www.probit.com\/en-us\/ieo\/corx-round1\/2<\/span><\/a>\u00a0 <\/span>Learn more about the about the Corion Foundation<\/b> \u2013 <\/span>\u00a0<\/span>https:\/\/corion.io<\/span><\/a>\u00a0<\/span><\/p>\n

Follow CorionX on Facebook<\/b> – <\/span>https:\/\/www.facebook.com\/CorionFoundation<\/span><\/a><\/p>\n

Find CorionX on Twitter<\/b> – <\/span>https:\/\/twitter.com\/CorionPlatform<\/span><\/a><\/p>\n

Join the CorionX community on Telegram<\/b> – <\/span>https:\/\/t.me\/corionx<\/span><\/a><\/p>\n

Read about CorionX on Medium<\/b> – <\/span>https:\/\/medium.com\/@Corion<\/span><\/a><\/p>\n

 <\/p>\n

Learn more about the Syscoin-Ethereum Bridge<\/b> – <\/span>https:\/\/syscoin.org\/syscoin-bridge<\/span><\/a>\u00a0<\/span><\/p>\n

Find Syscoin on Twitter<\/b> – <\/span>https:\/\/twitter.com\/syscoin<\/span><\/a>\u00a0<\/span><\/p>\n

Join the Syscoin community on Telegram <\/b>– <\/span>https:\/\/t.me\/Syscoin_Official<\/span><\/a>\u00a0<\/span><\/p>\n

 <\/p>\n

Media Contact Details<\/b><\/p>\n

Contact name<\/b>: Miklos Denkler<\/span><\/p>\n

Email<\/b>: <\/span>info@corion.io<\/span><\/a><\/p>\n

 <\/p>\n

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.<\/span><\/i><\/p>\n

CryptoMarketeer.com<\/i><\/a>\u00a0has been proudly serving the crypto press release distribution needs of blockchain start-ups. Get your Crypto Marketing Services & Press Release Distribution today<\/i><\/p>\n\n\n","protected":false},"excerpt":{"rendered":"

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. […]<\/p>\n","protected":false},"author":2,"featured_media":17417,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","_jf_save_progress":"","_jet_sm_ready_style":"","_jet_sm_style":"","_jet_sm_controls_values":"","_jet_sm_fonts_collection":"","_jet_sm_fonts_links":""},"categories":[1671],"tags":[1717,1496,1643,551],"yoast_head":"\nCorionX and Syscoin Join Hands to Drive Stablecoin Adoption, CorionX IEO Enters Third Round - Bitcoin PR Buzz<\/title>\n<meta name=\"description\" content=\"Bitcoin PR Buzz - CorionX and Syscoin Join Hands to Drive Stablecoin Adoption, CorionX IEO Enters Third Round\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wire.bitcoinprbuzz.com\/corionx-and-syscoin-join-hands-to-drive-stablecoin-adoption-corionx-ieo-enters-third-round\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CorionX and Syscoin Join Hands to Drive Stablecoin Adoption, CorionX IEO Enters Third Round - 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