The ascension of the internet and blockchain in this era has led to the improvement of several fields of work, which includes our financial systems. This type of technological innovation enables transparency and trust in its field of operation. Although most blockchain providers focus on the particular group of society by providing their needs, there are still some loopholes in their operation. Some of these problems range from taxation rules that remain unknown to some individuals on the platform, to the closure of benefits, opportunity and payment schemes to some merchants and customers. Korona coin aims to provide solutions to these challenges that individuals in blockchain and cryptocurrency related businesses face.
Korona Coin
Korona coin is an easy-to-use transparent licensed platform that provides integrated service packages for private and business customers. This platform provides lots of benefits for individuals in terms of wallet management, efficient payment technology and also fiat exchange. The platform intends to provide support for clients through information on taxation, financial support, protection of clients, commercial guarantees, marketing, purchasing of goods and services goods either online or in real stores every day. Korona coin also has collaboration with lots of partners, in order to increase the value of the platform. View whitepaper here for more.
Features of Korona coin
Korona coin has various features that tailor the needs of individuals and clients in cryptocurrency and on the platform. Features on the platform include a reward system, mobile wallet, business wallet, korona API, korona cryptobank, marketing support, fiat guarantee and many others.
Korona Eco-system
The Korona Ecosystem is a complete functioning network of various applications and features to support private and business users in using the benefits of blockchain payment solutions. The components of the ecosystem include:
• Implementing a brand new digital payment technology • E-commerce payments
• Wise product and market selection • Korona payments in shops
• Exchange • Integrated service packages
• Businesses wallets • Integrated marketing support
• Short-term volatility tempering • Price reductions for users
Korona Token
The medium of exchange on the platform is the Korona token(KOT)- a utility token, based on the decentralized Ethereum market standard smart contract ERC20 token. The token will enable frictionless transactions of a wide range and would be used in the purchase of goods and services on the platform. The tokens will be issued by a not-for-profit foundation under the laws of Switzerland to ensure accountability and transparency. See here to know more
ICO
Total number of tokens to be issued = 300.000.000
The distribution of the tokens will be under the following:
The distributed tokens will be activated after successful KYC procedure.
The ICO token distribution will have the following stages:
Use of Funds
Post ICO token Distribution
• The remaining 90.000.000 Korona tokens will enter the market within 30 years on a regular yearly basis (yearly 1% of the total token number of 300.000.000).
• Post ICO tokens that would exceed 2% of the overall distributed tokens in a year will be held back till this 2% “maximum token inflation rule” enables the distribution.
Visit website to know about ICO and bounty program
Team
The team consists of highly skilled persons with a common vision of promoting cryptocurrency and blockchain. The team has a bright sight for the future and believes that Korona coin will create a positive impact in the world through its policies and vision. View here to know more about team members.
Visit this relevant addresses to know more about Korona coin.
Website
Whitepaper
Facebook
Twitter
Medium
Authorship
Bountyhive username: MinaEsi
Bitcointalk username: Esiduf222
Bitcointalk profile link
nice review of the project
Nice summary there. I will urge you to keep up with the good work. The project looks promising too. I think I have to take a look at it. Thanks for the information.