{"id":4960,"date":"2018-02-20T02:57:35","date_gmt":"2018-02-20T02:57:35","guid":{"rendered":"https:\/\/www.legitgambling.com\/news\/?p=4960"},"modified":"2018-02-20T11:03:51","modified_gmt":"2018-02-20T11:03:51","slug":"korona-coin-running-on-lightning-network-launched-in-hungary","status":"publish","type":"post","link":"https:\/\/www.legitgambling.com\/news\/korona-coin-running-on-lightning-network-launched-in-hungary\/","title":{"rendered":"Korona Coin, Running On Lightning Network, Launched In Hungary"},"content":{"rendered":"

\"\"Korona, a crypto coin which functions on the Lightning Network was launched last week in Budapest, Hungary. The Hungarian developers claim that Korona offers<\/a> better security and is cheaper than its competitors.<\/p>\n

A recent study by Cambridge Judge Business School confirmed that customers are increasingly adopting new forms of payments for cost efficiency reasons. Further, the study states 86% of surveyed payment companies use Bitcoin as the main payment method for cross-border transactions. However, Bitcoin faces issues in terms of transaction times, scalability, and flexibility to build smart contracts on its system.<\/p>\n

Therefore, Korona developers believe that there is an enormous global potential for a rapid, second crypto economic boom.<\/p>\n

Korona\u2019s plan<\/h2>\n

The Swiss-based company\u2019s crypto currency<\/a> Korona will full comply with European rules and regulations. Korona tokens (ERC20) will be available widely in Europe for purchasing goods and services. The lightning based solutions will facilitate quick e-commerce and smartphone payments.<\/p>\n

Korona Ecosystem will offer complete integrated service packages<\/a> for private and business customers. Users shall be provided with easy-to-use, transparent and licensed platforms that fulfill their complex needs such as wallet management, efficient payment technology, and 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.<\/p>\n

The platform shall also provide attempting and marketable goods and services for purchases either online, or in real stores every day. Finally, it shall provide valuable financial benefits in the form of cost and price reductions, and also in the form of rewards after either spending or accepting tokens. These features shall make Korona tokens widely accepted and valuable.<\/p>\n

The Korona Coin wallet can be downloaded for Windows, Linux and MacOs. The wallet can be used to receive or spend tokens. Accounts can hold and send Korona Coins, as well as Etherum.<\/p>\n

Jean-Marc Stiegemeier, Korona\u2019s CEO, said<\/p>\n

\u201cBanking as we know it today will eventually evolve into different platforms. We started this project because we saw the opportunity to take crypto currency technology into the future.\u201d<\/p><\/blockquote>\n

Stiegemeier is confident that in a decade crypto currency will be used and accepted worldwide.<\/p>\n

Korona Token details:<\/h2>\n

Korona\u2019s ICO commences in another 33 days.
\nTotal number of tokens: 300.000.000 (300 hundred million)
\nDistribution:
\n\u2022 ICO \u2013 40%
\n\u2022 Team and advisors \u2013 12%
\n\u2022 Flexibility mechanism \u2013 10%
\n\u2022 Korona Early Bird Merchants Reward \u2013 5%
\n\u2022 Bounty program \u2013 3%
\n\u2022 Post ICO token distribution \u2013 30%<\/p>\n

Korona is offered at a 25% discount during pre-sale.<\/p>\n","protected":false},"excerpt":{"rendered":"

Korona, a crypto coin which functions on the Lightning Network was launched last week in Budapest, Hungary. The Hungarian developers claim that Korona offers better security and is cheaper than its competitors. A recent study by Cambridge Judge Business School confirmed that customers are increasingly adopting new forms of payments for cost efficiency reasons. Further, […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[68],"tags":[],"class_list":["post-4960","post","type-post","status-publish","format-standard","hentry","category-cryptocurrency"],"yoast_head":"\nKorona Coin, Running On Lightning Network, Launched In Hungary<\/title>\n<meta name=\"description\" content=\"Korona, a crypto coin which functions on the Lightning Network was launched last week in Budapest, Hungary. 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The Hungarian developers claim that Korona offers better security and is cheaper than its competitors.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.legitgambling.com\/news\/korona-coin-running-on-lightning-network-launched-in-hungary\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-02-20T02:57:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-02-20T11:03:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.legitgambling.com\/news\/wp-content\/uploads\/2018\/02\/korona-coin.jpg\" \/>\n<meta name=\"author\" content=\"Cameron Bishop\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Cameron Bishop\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/korona-coin-running-on-lightning-network-launched-in-hungary\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/korona-coin-running-on-lightning-network-launched-in-hungary\\\/\"},\"author\":{\"name\":\"Cameron Bishop\",\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/#\\\/schema\\\/person\\\/0e2e077765174748afc2362c890e3f91\"},\"headline\":\"Korona Coin, Running On Lightning Network, Launched In Hungary\",\"datePublished\":\"2018-02-20T02:57:35+00:00\",\"dateModified\":\"2018-02-20T11:03:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/korona-coin-running-on-lightning-network-launched-in-hungary\\\/\"},\"wordCount\":407,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/korona-coin-running-on-lightning-network-launched-in-hungary\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/wp-content\\\/uploads\\\/2018\\\/02\\\/korona-coin.jpg\",\"articleSection\":[\"Cryptocurrency\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/korona-coin-running-on-lightning-network-launched-in-hungary\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/korona-coin-running-on-lightning-network-launched-in-hungary\\\/\",\"url\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/korona-coin-running-on-lightning-network-launched-in-hungary\\\/\",\"name\":\"Korona Coin, Running On Lightning Network, Launched In Hungary\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/korona-coin-running-on-lightning-network-launched-in-hungary\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/korona-coin-running-on-lightning-network-launched-in-hungary\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/wp-content\\\/uploads\\\/2018\\\/02\\\/korona-coin.jpg\",\"datePublished\":\"2018-02-20T02:57:35+00:00\",\"dateModified\":\"2018-02-20T11:03:51+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/#\\\/schema\\\/person\\\/0e2e077765174748afc2362c890e3f91\"},\"description\":\"Korona, a crypto coin which functions on the Lightning Network was launched last week in Budapest, Hungary. 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