Coruls - A Tokenized DeFi E-commerce Marketplace for Merchants, Affiliates, and Consumers

November 07, 2020

ABSTRACT

Coruls is a worldwide functioning ecommerce store which plans to reform the modern businesses with its futuristic tokenized DeFi Marketplace with partner payment gateway Plasma Pay that is curated to be viable with both fiat and cryptocurrencies. This also assures that Coruls can provide solutions to organizations, subsidiaries and buyers to carry economy forward with CORL. Coruls marketplace is fabricated to give decentralized fund options to aid vendors, producers, wholesalers and small retailers to borrow loan on their crypto collaterals at minimal interest rates. Here investors can help economy by giving credit and acquire good interest percentage on it. The platform aims to cater ongoing online businesses to the blockchain and cryptocurrency domain to make them more secure, clear, quick and genuine. The inclusion of cryptocurrencies as a medium of payment opens standard businesses to the modern market of buyers who wish to do payments with the safety and productivity of cryptocurrencies.

Coruls is the DeFi (Decentralized Finance) payment processing platform that targets to gather more buyers for dealers and help people to buy more online by giving the facility of shop now and pay later through simple EMI options.

Besides, the Coruls plan also allows users to buy, sell and trade currencies like BTC, ETH and USDT quickly with more currencies to be added soon. This aids users to get the currency they require for their needs. The Coruls wallet is an encoded and very safe cryptocurrency wallet where users can securely keep their bitcoins, altcoins and the $CORL token.

INTRODUCTION

The Coruls Whitepaper v.1.0 contains brief details, views, technical parameters, and business models to introduce the project and explain our plan to the reader and partner. The Coruls platform provides many deals to the online business traders and cryptocurrency holders to simplify their efforts. To attract more buyers and sellers, CORL is designed which will be a publicly traded token with its utility in Coruls domain. CORL intends to bring new buyers as well as sellers to work on Coruls marketplace by offering many bonuses. The token is curated to earn highest benefits for keeping it in either staking or in lending. People will get 5% OFF on purchasing from Coruls store. The platform is designed to offer great marketing services for its vendors by not only digital marketing but also by onboarding members with fixed 3% commission from platform in form of $CORL. If merchants wish to sell their goods at much faster rate and want to opt for more marketing they can provide higher commission percentage to Coruls allies.

Recently there are more than 100 Million~ bitcoin owners with over 200 Million~ bitcoin wallet addresses1. Coruls opens a vast market for shippers to work in domains that were previously functional offline only. Also, the acceptance both cryptocurrency and fiat currency as a mode of payment attracts more customers towards businesses.

The Coruls wallet allows users to keep their bitcoins and altcoins at one spot giving them ease to manage their assets, unlike standard wallet systems. The smooth deposit and withdrawal procedure from the wallet makes it unique from its opposition.

The wallet has yet another trait that makes it special. That is to trade BTC, ETH and USDT at market value at once. You just have to tap on the currency you wish to change and choose the required currency you want to convert it with, click OK, and the conversion will be done in a split second. The wallet clients can also cash out their cryptocurrencies in the Coruls ecosystem. The Coruls also permits traders to offer their buyers “Buy Now, Pay Later” choice by staking tokens in Coruls framework. The Coruls ecosystem also gives credits to its clients based on their prior financial transactions and the collateral they put into the system.

Token sale information for Early Investors

Start Date 1/10/2020
End Date 30/11/2020
Name of Token CORL
Price of CORL Token (avg.) (in USD) 0.10 USD
Accepted Currency ETH, USDT
Token Issuance 250 Million