The campaign’s goal is to aid the adoption, education and use of stablecoins by running a series of carefully crafted reward programs.
Stablecoins: A new type of cryptocurrency
Imagine the world with a better and more simple financial system. Where all of our payments and transactions are safe, instant and nearly costless across the globe and available to anyone, anywhere, at any time.
New technologies and a new form of money are quietly being tested worldwide! This new money is called Stablecoins and they are the new crypto instruments which will have the full potential to change how we do payments globally.
Stablecoins such as USDC, Tether, GUSD, PAX and DAI are types of cryptocurrencies that have stability in value, are less volatile in the markets and can, therefore, be a reliable and predictable store of value. They are pegged to a stable asset such as a fiat currency like USD or traded commodities such as precious metals. Stablecoins were first made in an effort to decrease the volatility of price commonly seen in predecessors like Bitcoin.
Stablecoins and traditional cryptocurrencies are both credited as fast, cheap and borderless ways to send money while allowing the user to retain control over their digital assets, making them incredibly appealing when compared to traditional money.
The real difference between the two lies in volatility or the lack thereof. Traditional cryptocurrencies have a high level of fluctuation in values which makes crypto an excellent asset for the speculative market. However, with such sudden and pronounced rise and fall in value, cryptocurrencies are essentially not suited for day-to-day use. Money sent in the morning may not hold the same value in the afternoon.
Stablecoins allow merchants and customers to rely on balanced prices unaffected by the volatility of crypto markets. Minding the gap between blockchain ecosystems and traditional economies becomes that much closer to reality, as payments are streamlined via automation, while upholding the crypto concepts of liquidity, security, transparency and decentralization.
The Global Stablecoin Popularization and Education Movement
“Money in the right direction.”
Over the years, several voices in the industry have taken it upon themselves to become standard-bearers of a new global movement seeking to foster mainstream adoption and disseminate awareness and education. This international movement, dubbed the Stablecoin Movement, believes in the stablecoin solution as the next step for true crypto adoption.
The Movement offer merchants and people a one-stop shop of education and resources of stablecoins plus it promotes why these coins are a better solution than traditional money. The Stablecoin Movement’s enthusiastic community makes it easy for new users to gain the knowledge needed to make educated decisions in all things stablecoin.
The Movement has been created to encourage other stablecoin stakeholders and future adopters to join and collaborate, spread out to people and merchants the unique benefits of paying and accepting this special type of currencies.
Committed to long term goals, the Corion Foundation has kickstarted the Stablecoin Movement Campaign with a series of programs, each focusing on promoting and supporting research, development, understanding, adoption and investment in the stablecoin market, under an overarching theme of blockchain and cryptocurrency education.
With an immediate objective of reaching 20 million daily stablecoin users by 2020, the movement is ready to reward contributors and participants with CorionX tokens as an added incentive to reach mainstream adoption.
The 9 programs available are open for all language preferences and backgrounds:
Content program: Content creators such as journalists, bloggers, podcasters, vloggers, news sites and PR agencies are welcome to support the Global Stablecoin Movement by sharing content related to stable coins.
Event program: This program is for organizers who want to open up discussions about stablecoins by hosting big and small events worldwide.
Social media program: The Stablecoin Movement offers a variety of bounties for professional social media services and enthusiasts alike. Participants will be rewarded for sharing posts about stablecoins across all social media platforms.
Ambassador program: Influencers, lobbyists and leaders are welcome to become Stablecoin Ambassadors. All movements require strong voices, ambassadors are needed to talk with regulators and investors, use their unique platforms to reach their audience or attend events as speakers.
Partner program: The Stablecoin Movement is a movement that loves company. Coins and blockchain projects are urged to partner up to excel adoption.
Merchant program: Stablecoins are already a good option for merchants, this program offers further rewards for merchants willing to accept stablecoins as a payment method in their day-to-day business both with clients and suppliers.
Institution program: Leaders, regulators and financial institutions can contribute to the stability of the market by promoting regulations that can benefit the use of stablecoin in society.
Finance program: Investors have the opportunity to learn how to invest in stablecoins and thus support the financial side of the campaign.
Other activities: Scientists, market researchers, analysts and experts are welcome to contribute and be rewarded for their unique expertise.
The Global Stablecoin Movement Campaign is an initiative by Switzerland-based Corion Foundation and their flagship CorionX token.
There are over a hundred stablecoins in existence each with varying models of implementation and tokenomics. CorionX have created a platform that intends to bring all stablecoins together in a single forum. Users can access an infrastructure to transact in different stablecoins, making it an easy and accessible process and allowing for the much-needed revolution in the mainstream use of digital coins for everyday payments.
CorionX helps to raise awareness through the Stablecoin Movement and to scale up all stablecoin projects. CorionX suggests a plausible way forward to keep the stablecoin community stronger than ever and aim for mutual success.
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Image Courtesy: Stablecoin Movement
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