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Koronacoin.io

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Start Date:23-04-2018
End Date:  21-06-2018
1 KOT = 0.43 USD
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KEYWORDS.NETWORK
A European Cryptocurrency for Real Use Backed by a complex service system, complying with Swiss and European rules and regulations, Korona tokens will be available widely in Europe for purchasing goods and services. Already from the start token holders will have the opportunity to purchase goods and services online in at least three European Member States. The initially listed service providers are listed at www.koronacoin.com. Naturally, the list will be extended later exponentially based on Korona’s continuous market build up activity and the extended reward systems, that are described later in this White Paper.
Koronacoin
Korona Blockchain Ecosystem Foundation
Switzerland
Korona Coin
KOT

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KORONA ECOSYSTEM TAKES THE NEXT STEP INTO CRYPTO ECONOMY 2.0.

As designed in the Korona Ecosystem, complete integrated service packages shall be provided jointly for private and business customers. Users shall be provided with easy-to-use, transparent and licensed platforms that fulfill their complex needs: including among others wallet management, efficient payment technology, but also fiat exchange. Additionally, users will receive supporting services like taxation information support, client protection, commercial guarantees, as well as marketing or even market access support. The platform shall also provide marketable goods and services for purchases either online, or in real stores every day.

 

Finally, it shall provide valuable financial benefits in form of cost and price reductions, and also in form of rewards after either spending or accepting tokens. These features shall make Korona tokens widely accepted and valuable.

 

With new technology developments which shall lower transaction times and costs, coupled with raising the number of active private and business users, a significant new proportion of the local and global economies will adopt cryptocurrency based payment technologies. A new, far reaching token economy will be established once local and regional trade and sales activities can be supported. In the newly established CRYPTO ECONOMY 2.0 therefore the focus is on new technology, and also on new complex platforms and complete blockchain business models that make the most use of the technology.

New integrated payment framework

Korona Token is a utility token that enables frictionless transactions of a wide range, while it functions also as a medium of exchange and a store of value. Korona will be able to used to purchase goods and services within the Korona Ecosystem.

 

E-commerce sales volumes and digital payments are hitting new records worldwide, year over year.

This trend is expected to continue uninterrupted. Parallel to that, the capitalization of the crypto economy is also setting record highs year over year. Yet still significance grows in the financial sector, the crypto-economy remains barely connected directly to the regional or global commerce activities and to the widely used customer targeted digital payment systems. To evolve decentralized payment mechanism in e-commerce, and in general commerce and trading activities directly, a user friendly, effective and regulatory compliant crypto payment frameworks and complex ecosystems are needed.

 

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 Ecosystem’s main components:

• 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

 

LIGHTNING BASED SOLUTION

 

To reach a transaction speed that is used by fiat payments at cashiers or web based instant payments, but to keep the transaction costs very limited compared to any other existing payment systems, we will implement lightning based solution in our payment system by both e-commerce and smartphone payments.

 

Korona early bird merchants - reward program for business users accepting

Korona tokens

 

To boost the wide acceptance of Korona token based payments, early bird merchants will have the opportunity to participate in a special bonus program called Korona Early Bird Merchants Rewards.

Korona users will also receive User Rewards in the future in form of allocated Korona tokens.

 

This specific tool will serve to provide a unique reward system for those online stores and physical shops that will adopt the Korona digital payment system and that will accept payments by Korona tokens when selling their goods and services to customers.

 

The reward system will be used only in the early years to support the market building activity. In the early years, during the build-up of the Korona Ecosystem and before reaching a large, international business network, merchants will receive a reward bonus in form of Korona tokens based on their activities and performance within the Korona system.

 

Therefore, early businesses in the Ecosystem will gain benefits not only from reaching additional markets and from enjoying additional marketing opportunities, but also from receiving financial rewards.

 

For this reward program a certain amount of tokens will be separated - please see Token Distribution.

 

Total number of tokens: 300.000.000

Korona Coin tokens will be issued by a not-for-profit foundation under the laws of Switzerland. Korona is subject to audit under Swiss regulations.

 

Listing in major trading houses

Korona team is has already started negotiation on listing Korona in major cryptocurrency trading houses.

We expect the listings shall be effective within a limited period after ICO. We have the necessary support and clear strategy to attain our plans. All users will be informed on our website of which trading houses are listing the Korona token for trading purposes.

https://bountyhive.io/join/Korona%20Coin

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