CORE
by BSCN
January 11, 2023
The Core DAO hype is building stronger as the mainnet should be coming before the 'incoming' airdrop.
The Core DAO community was given an update on the details of the incoming airdrop, confirming the allocation percentage for airdrop participants and Web2 compatibility.
The anticipation for the Core DAO mainnet and the airdrop is building as the community of millions braces for the historic launch. The latest blog update from January 10 confirmed that the airdrop will be Web2 compatible along with being Ethereum Virtual Machine (EVM)-compatible, making the CORE airdrop open to the best of all the internet has to offer.
As mentioned in our last post, 25.03% of Core’s total supply is being airdropped to our vibrant community! Here are more details on how that works, as we strive together to make #CoreDAO the most decentralized blockchain 🫡 Airdrop Incoming! https://t.co/zEUvvjxeRB
— Core DAO (@Coredao_Org) January 11, 2023
Most importantly, no date was given, but the airdrop will come after the imminent mainnet launch.
“Core’s airdrop will be conducted in partnership with Satoshi App and will take place after mainnet launch once post-mainnet work for the airdrop is completed,” the blog post writes.
The airdrop will also not give entire allocations immediately. All recipients will receive 25% of their allocation upfront, with the remaining three-quarters to be unlocked after two years. This initial 25% allocation will be available for staking and can also prevent potential coin dumping.
The Core DAO team informed the community that further updates are on the way and users should follow its social media accounts to stay appraised.
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 history of the crypto ecosystem paired with an even greater excitement for Core’s role in its future.
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