This was pointed out by another person in Slack (hat tip and SBD to Raul) when we noticed that the Corion.io USD ticker has not changed in the last 24hrs, not by a single USD. The reason why it hasn't changed is that Corion hardcodes the USD amount raised onto their ICO page. Have they raised any money or is this an illusion to make people think they should invest? The USD, the # of contributors, and the the number of tokens issued are HARDcoded onto their website and may be fake. Be careful out there.
People who know me know that I use the word "scam" very judiciously. Corion makes me nervous. Here are some other Corion Concerns.
Corion touts affiliate marketing as a way of selling their ICO. Similar to ADA Coin/Cardano and OneCoin.
Stablecoins are a crowded space and many have spent years in development, so they are behind the competition. The pre-eminent stablecoin today is Maker, whose members post often on Steemit, and it is about to release its initial simple stablecoin called SAI.
Corion is launching on a chain, ETC, which does not have scaling plans that can match what Corion would need in the long term. Steem scales much better today that ETC will. Scaling is the holy grail for all chains so it's a decision that stands out, although tech gets betters and maybe a scaling solution that meets their needs will materialize on ETC with enough time. Today ETC lacks the security of Ethereum, the scaling of Steem, and the mindshare of Bitcoin. It's a choice that may disadvantage Corion's investors.
There have been several scam ICOs run on ETC. The first ETC ICO was BorgDAO and that was an exit scam where people lost all their money. DaemonDAO was another scam on ETC. ETCwin was an ICO that happened but this is the activity now. The ETC community hasn't demonstrated the depth or the size to properly vet ICOs -- this is the extent of what public discussion there has been about the first ETC ICO in 9 months.
Update: A helpful Redditor did a lot more digging than I did and raised more, deeper red flags.