According to official Core accounts, CoreDAO is a global team of contributors united by a shared vision and passion for building a better web 3.0. These idealists are driving the growth of the Satoshi Plus ecosystem through blockchain technology. The project has garnered significant support, with around 1.6 million Twitter followers and over 74,000 Telegram followers.

Satoshi Plus is the consensus mechanism used to validate transactions and secure the Core network. It combines Bitcoin’s Proof-of-Work (PoW) with Ethereum’s Delegated Proof-of-Stake (DPoS). This hybrid model enables the network to address the blockchain trilemma by achieving both decentralization and scalability.

Core offers the composability of an EVM chain, allowing seamless management of smart contracts and dApps. Developers who create dApps on the Core blockchain and add value to the ecosystem are rewarded with S-Prize tokens (known as the Satoshi Prize).

The protocol prioritizes decentralization by operating through a decentralized autonomous organization (DAO), which manages transaction fees, governance parameters, proposes upgrades, development initiatives, and votes on proposals.

CORE is the utility and governance token of the Core network, with a maximum supply of 2.1 billion coins. Similar to Bitcoin, it follows a scarcity-driven value model, capped at this fixed supply.

The network will implement a burn model inspired by Ethereum’s “Ultra Sound Money,” where a portion of rewards and fees, determined by the Core DAO, will be burned to reduce the supply.

The total supply of CORE is allocated across six categories: 39.995% for node mining, 25.029% for Core users, 15% for contributors, 10% for reserves, 0.476% for relayer rewards, and 9.5% for the treasury.

The Core blockchain uses the Satoshi Plus consensus mechanism: a combination of Bitcoin’s Proof-of-Work (PoW) framework and a modified Proof-of-Stake (PoS) mechanism aka the delegated Proof-of-Stake (DPoS) model.

In addition, the network is audited by CertiK, a firm specializing in web 3.0 security, blockchain protocol monitoring and crypto audits.

Core (CORE) is listed on numerous cryptocurrency exchanges like Huobi, OKX, Gate.io, Bybit, Poloniex, and several others, where users can purchase CORE tokens and trade with USDT pairs.

Want to keep track of CORE prices live?

You can receive 10 Core coins by registering for free on the platform. Additional rewards are available through the referral program.

You earn 1 Core per referral from 11 levels of your team structure.

Magic Income offers weekly rewards based on business leg performance, scaling from 5% to 20%.

It provides daily earnings of upto 3.33% of paid ID per month according to 2X or 4X qualification and auto generating global team rewards.

Earn 100% of the amount paid by your direct referral if he completes 2X business in his direct team within 30 days from your top-up day.

Staking Core coins on the platform allows you to earn additional rewards over time, with higher returns depending on the amount staked and duration.

Yes, you can only earn 1 free coin per person as referral bonus only up to 11 levels deep based on the structure.