The current price of Core is $0.47080. Over the last 24 hours, Core has increased by +4.79%. It currently has a circulating supply of 997,533,629 CORE and a maximum supply of 2,100,000,000 CORE, giving it a fully diluted market cap of $469.74M. At present, the Core coin holds the 0 position in market cap rankings. The Core/USD price is updated in real-time.
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When most people think about cryptocurrency they first think of its monetary and technological capabilities. After all, Bitcoin was created to replace the traditional monetary system. However, crypto has now become an industry that revolves around the community and decentralization.
Of course, the monetary and technological aspects are still the core of the crypto industry, however, the idea of community and inclusivity has become a crucial component. This is best reflected in Core DAO (CORE).
What is Core DAO (CORE)?
Core DAO (CORE) is a project built as an L1 blockchain. It is Ethereum Virtual Machine (EVM) compatible, meaning that it can run ETH smart contracts and decentralized apps (dApps). The Core network is powered by a unique consensus mechanism called Satoshi Plus. The mechanism’s purpose is to secure the network by combining Bitcoin’s mining hash and Delegated Proof of Stake (DPoS).
The developers wish to create an infrastructure that would operate at the core of Web3. This is a young project that launched in January 2023. It is completely decentralized and run by its DAO, which is responsible for the development of Satoshi Plus.
The Core DAO project team
Based on the official Core Dao accounts, the project was created by a global team of contributors — all of which have decided to remain anonymous — who share a vision of creating for a better Web3, the team plan to do this by establishing protocol rules ensuring the ecosystem’s growth on top of the decentralized Satoshi Plus consensus.
How does Core DAO work?
Core DAO revolves around Satoshi Plus, which validates transactions and secures the network. It was created to combine the best aspects of Bitcoin and Ethereum to produce a blockchain that doesn't compromise on Security, Decentralization, and Composability. Core offers the composability of the EVM chain. This ensures that developers have conditions for managing smart contracts and dApps. Through the creation of dApps, they bring value to the ecosystem and in turn — receive rewards.
CORE: Core DAO’s native token
CORE is the native cryptocurrency of Core DAO, and it was launched in early February 2023. The project created a max supply of 2.1 billion CORE tokens. The project’s total supply is also 2.1 billion units. However, its circulating supply sits at 7.07 percent of the total supply. As of July 2023, only 148.38 million CORE tokens are available on the market.
CORE token use cases
CORE is the native cryptocurrency of Core DAO, meaning that it is used to power the network. It serves as a governance token and can be used for staking. It also powers the project’s smart contracts and decentralized applications. Of course, like any other cryptocurrency, it is also used for trading and investing.
Core DAO (CORE) token Distribution
The allocation of Core DAO tokens (CORE) was distributed as follows:
39.995 percent was allocated to node mining.
25.029 percent was distributed to Core users.
15 percent was designated for contributors.
10 percent was reserved for future use.
0.476 percent was utilized for relayer rewards.
9.5 percent was earmarked for the treasury.
Core DAO: The core community project of Web3
Core DAO has created use cases for its project and token, but its main purpose is to connect the people. It does this by offering rewards for quality dApps, ensuring that developers would create them. With dApps to offer, the project can expect more users to join and connect with one another. This web of users is what it is after — a strong community with its own user base. As such, they would understand and power Web3 and help bring others to it.
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 9.6K new posts about Core, driven by 5.6K contributors, and total online engagement reached 185M social interactions. The sentiment score for Core currently stands at 89%. Compared to all cryptocurrencies, post volume for Core currently ranks at 0. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Core.
Powered by LunarCrush
Posts
9,645
Contributors
5,561
Interactions
184,618,305
Sentiment
89%
Volume rank
#0
X
Posts
1,701
Interactions
11,460,452
Sentiment
64%
Core FAQ
What is Core DAO (CORE)
Core is an L1 blockchain that combines the composability of an EVM chain and the decentralization and security of Bitcoin. It features a native token called CORE, which powers its network.
Benefits of using Core DAO (CORE)
Core DAO intends to become the biggest community network of Web3. The bigger its community, the more dApps and other products and solutions will have to offer. Meanwhile, the more it has to offer, the more people will join the community.
Where can I buy CORE tokens?
You can buy CORE tokens on a number of different spot trading markets. One example is the OKX crypto exchange, which offers CORE/USDT pairs. In addition, it has a COREUSDT pair for perpetual swaps and margin trading.
If you wish to purchase USDT with fiat currencies, OKX has an “Express Buy” option that comes in handy. The platform also lets you use the Convert feature to convert your excess holdings to CORE. Alternatively, if you want to convert CORE into fiat, you can use the OKX crypto calculator to check the conversion rates.
How much is 1 Core worth today?
Currently, one Core is worth $0.47080. For answers and insight into Core's price action, you're in the right place. Explore the latest Core charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as Core, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Core have been created as well.
ESG (Environmental, Social, and Governance) regulations for crypto assets aim to address their environmental impact (e.g., energy-intensive mining), promote transparency, and ensure ethical governance practices to align the crypto industry with broader sustainability and societal goals. These regulations encourage compliance with standards that mitigate risks and foster trust in digital assets.
Asset details
Name
OKcoin Europe LTD
Relevant legal entity identifier
54930069NLWEIGLHXU42
Name of the crypto-asset
Core
Consensus Mechanism
Core employs the Satoshi Plus consensus mechanism, which combines Delegated Proof of Work (DPoW), Delegated Proof of Stake (DPoS), and Non-Custodial Bitcoin Staking to provide robust security and scalability. Core Components: Delegated Proof of Work (DPoW): Integrates Bitcoin miners into the network by allowing them to contribute hash power to secure Core, without interfering with Bitcoin's primary operations. Delegated Proof of Stake (DPoS): CORE token holders delegate their tokens to validators who handle block production and transaction validation, ensuring efficiency and decentralization. Non-Custodial Bitcoin Staking: Bitcoin holders can stake their BTC to participate in the network consensus, adding an extra layer of security while preserving ownership of their assets.
Incentive Mechanisms and Applicable Fees
Core incentivizes network participation through staking rewards, transaction fees, and governance opportunities. Incentive Mechanisms: Validator Rewards: Validators earn rewards from transaction fees and newly minted CORE tokens distributed through the blockchain's inflation policy, with payouts proportional to their delegated hash power and CORE stake. Staking Incentives: Both CORE and Bitcoin stakers receive rewards for contributing to network security and stability, encouraging broader participation across asset classes. Governance Participation: CORE token holders have voting rights, allowing them to influence protocol upgrades and network parameters, supporting decentralized decision-making. Applicable Fees: Transaction Fees: Users pay transaction fees in CORE tokens for executing transactions and smart contracts. These fees are distributed to validators as compensation for securing the network. Inflation Policy: A portion of validator rewards comes from newly minted CORE tokens, providing an additional incentive while maintaining a controlled inflation model.
Beginning of the period to which the disclosure relates
2024-03-18
End of the period to which the disclosure relates
2025-03-18
Energy report
Energy consumption
116354595.66288 (kWh/a)
Renewable energy consumption
15.116111393 (%)
Energy intensity
0.05142 (kWh)
Key energy sources and methodologies
To determine the proportion of renewable energy usage, the locations of the nodes are to be determined using public information sites, open-source crawlers and crawlers developed in-house. If no information is available on the geographic distribution of the nodes, reference networks are used which are comparable in terms of their incentivization structure and consensus mechanism. This geo-information is merged with public information from the European Environment Agency (EEA) and thus determined.
Energy consumption sources and methodologies
For the calculation of energy consumptions, the so called “bottom-up” approach is being used. The nodes are considered to be the central factor for the energy consumption of the network. These assumptions are made on the basis of empirical findings through the use of public information sites, open-source crawlers and crawlers developed in-house. The main determinants for estimating the hardware used within the network are the requirements for operating the client software. The energy consumption of the hardware devices was measured in certified test laboratories. When calculating the energy consumption, we used - if available - the Functionally Fungible Group Digital Token Identifier (FFG DTI) to determine all implementations of the asset of question in scope and we update the mappings regulary, based on data of the Digital Token Identifier Foundation.
Emissions report
Scope 1 DLT GHG emissions – Controlled
0.00000 (tCO2e/a)
Scope 2 DLT GHG emissions - Purchased
47937.63513 (tCO2e/a)
GHG intensity
0.02118 (kgCO2e)
Key GHG sources and methodologies
To determine the GHG Emissions, the locations of the nodes are to be determined using public information sites, open-source crawlers and crawlers developed in-house. If no information is available on the geographic distribution of the nodes, reference networks are used which are comparable in terms of their incentivization structure and consensus mechanism. This geo-information is merged with public information from the European Environment Agency (EEA) and thus determined.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets.
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