CORE

Core DAO Discuss the Current State of Mainnet and Warns Against Scam $CORE

by BSCN

February 7, 2023

Core DAO warns users to beware of scam $CORE tokens ahead of the upcoming airdrop on February 8th.

Core DAO Release $CORE Market Information Ahead of Airdrop

The $CORE airdrop is scheduled for February 8th at 12 PM UTC. Ahead of the notable milestone in its development, the team has published details about the airdrop, including important mainnet information for the community.

In preparation for the airdrop, Core DAO published a Twitter thread on February 7th to educate users about the coin. The Satoshi Plus consensus protocol warned users to note illicit $CORE tokens launched on several platforms. The team stated that the airdrop would allow scammers to deceive Core enthusiasts.

Time for a look into the current state of mainnet, market formation, and safety 🧵👇
— Core DAO (@Coredao_Org) February 7, 2023

Core mainnet is live, and users are urged to visit Core DAO’s official sources for more information about the airdrop to avoid scams.

While the airdrop will create liquidity for $CORE, market volatility is inevitable. To regulate the difficulties in the market, top-tier market makers and exchanges support legitimate early market $CORE formation.

“The liquid $CORE markets will open around the same time as the Feb 8th airdrop. In the coming days, $CORE transactions from Core DAO’s public reserve multi-sig will be executed to get CORE tokens to partner market makers so that liquid markets exist when the airdrop occurs,” Core wrote. “Having legitimate $CORE token markets available when the airdrop occurs will allow for safer, faster, and more accessible trading for Core users.”

Once the airdrop is complete, users can participate in the network’s development by staking. You can learn how to stake on Core DAO HERE. Also, read our article on the benefits of supporting Core’s aspirations through staking.

What is Core DAO:

Core DAO is the official decentralized organization developing the Satoshi Plus ecosystem. It represents an opportunity for miners to access new revenue streams by contributing hash power to the chain. Inspired by the principles of both blockchains, Core displays a deep appreciation for the crypto ecosystem's history and an even greater excitement for Core’s role in its future.