CORI Token

Token Design

In contrast to a lot of Initial Coin Offerings (ICO´s) the CORI Token is backed by real assets and therefore be considered an “asset-backed Token” or short “Asset Token”. Its main characteristics are listed in table below:

Key Facts

Total Supply
GIT Repository	energychain/Corrently
WWW	https://corrently.de/token
Chat/Info	Gitter.im
Token Standard	ERC20 with 2 decimals
Ticker/Symbol	CORI
Trading/Exchange	Instex (Primary) EtherDelta (Seconday) TokenStore
Compliance	100% KYC audit (Know-Your-Customer)
Accounting currency	Euro (EUR, €)

At the moment this Whitepaper is written the total supply of CORI Token is 5000 which means that renewable energy generation facilities have already been run through the due diligence process by STROMDAO and CORI´s have been emitted by the "CORI Contract". It also means that electricity customers are already eligible to get their profit share of the REGF´s. As the customer base increases the amount of total supply will also increase. As each of the newly emitted CORI Tokens is backed by an asset there is no inflation in quantity and therefore deflation in price to be expected.

We established Corrently and CORI because we believe in the potential of micro-investments for renewable energy, and that through its application, customers may find an easy and efficient way of to contribute into a sustainable power supply. This will be achieved by utilizing what is known as an Asset Token. Our vision at STROMDAO is to allow asset owners to fund their activities as simply and securely as possible by utilizing digital currencies for project development.