Coinporate – Platform Powered by CORP Token

Businesses are on the lookout for solutions to strengthen loyalty, boost engagement, and foster community with their customers.

Looking at existing digital loyalty models, the solution is rigid and customized towards the benefit of the merchant, with a dwindling negative utility proposition for the customers. Coinporate is designed to reimagine the concept of building loyalty while providing a tokenized economy structure featuring rigidity, trust, and utility.

Coinporate is in the process of building a tokenisation platform targeting businesses, bringing about the launch of the CORP ecosystem token via pre-sale. Upon release, the Coinporate powered system will see CORP become the proprietary in-app utility, allowing for verified businesses to launch and consumer users to buy, sell and stake, network-organized, brand-produced tokens within a walled network.

A Deliberate Rollout by Design

The Coinporate platform is being launched step-by-step, beginning with the creation of the CORP ecosystem token and subsequently the Coinporate platform. Each step is well-thought-out and has its own objective. First, there is a pre-sale of the CORP token. Secondly, the release of a beta version of the Coinporate platform. Thirdly, the CORP token gets its implementation in the platform. No shortcuts, no launch in a rush. 

Why the Pre-Sale Comes First

By starting with utility-first pre-sale, Coinporate has the means to align early supporters, finance platform execution, and jumpstart ecosystem involvement prior to the platform’s availability. This enables us to have the working code be shown once we go live. When technical, verification, and compliance standards are in place to enable actual usage.

The ethos is clear: the token is not a product or the platform. The platform is. CORP is a means to access the platform, not a product in itself.

Understanding the CORP Token

What is the platform token, and what is it used for? The platform token is called CORP. It is deployed using a Solana smart contract, and it is designed to be mostly for utilitarian purposes for the platform itself and should not be used as a speculative asset. CORP has utility within the Coinporate ecosystem for access, participation, staking, ecosystem-level distribution, and incentives. In short, it is an embedded mechanism and set of behaviors to support proper interaction and alignment across all parameters when related to the live version of the Coinporate platform and participants.

A Business-First Platform in Development

Coinporate is a work-in-progress platform specification. A business-first, curated ecosystem  —  Token-enabled. Not Token-led. Over time, it will slowly and methodically turn on features that enable real businesses to issue brand tokens and create engagement models that reward and thank their audience for spending enduring time with them. Consumers engage in a clean environment they can trust.

Verification and Participation

Verification is at the core of how Coinporate operates. Businesses will be verified before they can join the ecosystem, while there are also guidelines for how the retail community should engage. This will enable a healthy and balanced ecosystem where Brands and organizations, as well as tokenized brand economies, maintain their credibility and longevity.

Why Solana

Solana was picked for its performance-based high-throughput, fast-confirmation, and low-cost transaction protocol, characteristics that go a long way in supporting a participant’s frequent platform activity. CORP is viewed as a token for regular usage (verification, access, participation, staking, incentives, etc) and Solana will facilitate both businesses and retail users with a frictionless performance. This is another important step in an organization-first approach to structure Coinporate for long-term growth.

What Comes Next

With CORP through Solana as the first step toward a platform utility token, Coinporate is still focused on delivering the systems in place to bring the platform live. Each part of the entire design is launched in sequence to put CORP in the best position to participate with others, joining a well-designed platform.