A Resourceful Utility Token
Exchange value or pay for operational services
What is Core Token?
Core Token is used as a form of payment, a facilitator, an initiator, a verifier, and an executor in all services supported by the Core ecosystem.
What you need to know
Introduction
The Core Token creates a natural high demand from the date of release, increasing the value through the limitation of supply being 1,000,000,000 CTN.
Core Token has 18 decimal places to manage facilitation in high demand and limited supply.
What defines core token
The main aggregators of Core Token
Connection
Ability to connect Blockchain to governments, businesses, and the general public.
Facilitation
Facilitating between decentralized and centralized applications.
Token
Utility token characteristics are used for payments, exchanging value, and services.
Support
Programmable execution support for consumers, businesses, organizations, regulators, and governments for daily use.
Core Blockchain
Network
The Core Group service offering is built on the Core Blockchain network.
The network is raising the bar with its ED448 cryptographic security and its fast, scalable and interoperable systems platform, allowing any other blockchain, side chain, and permitted chain, or a centralized platform to utilize all service offerings within the Core Group platform.
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Explanation
Smart Contract Technical overview
The unit is defined by a full-fledged Ylem Smart Contract platform that is unique to the Core Blockchain Network. Core Token is the custodial platform of every smart contract that is deployed within the Core Blockchain Network, as well as the Core Ecosystem.
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API / Oracle Connectors
Core Token is the custodian of all API connectors to all Core Blockchain Network Oracles, Core Group Services, and use cases, which will be the driver of the value of Core Token, as Core Token is required to connect.
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Asset Digitization
Core Token uses programmable Smart Contracts to operate on decentralized applications backed by Blockchain while respecting the current legal structures and financial regulations.
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Payments
Core Token is a utility token that can be used in several payment executions. As an example, we can mention peer-to-peer for public and services to serve in transactional execution, secure data protection, traceability, and transparency for Governments, Businesses, Organizations, Consumers, and much more.
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Validation and Verification
Core Token is the Smart Contract platform service provider behind CorePass, a blockchain-based Digital Identity. The Core Smart Contract allows for execution, the transmittance of data, and verification of records.
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Interoperability and Enterprise
Core Token's diverse ecosystem provides an interoperable platform for blockchain, cross-chain, and sidechain projects, with different protocols and cryptographic structures, offering a variety of applications to serve the needs of the digital world.
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Tokenomics Description
Token Allocation
- 1. Community 44.53%
- 2. EcoSystem Liquidity 20%
- 3. Team 15%
- 4. Core Lab 8%
- 5. Advisors & Ambassadors 5%
- 6. EcoSystem Treasury 5%
- 7. Marketing 2.47%
Community
All people who bought Core Tokens in public sales including referral commissions and rewards.
Team
The Core Team members and developers with Core Tokens reserved and vested based on performance and deliverance that will be released to the team members over a period of time exceeding 3 years in some cases. This also includes partial reservation for future team members.
Advisors and Ambassadors
These are vested Core Tokens that are exclusively reserved for Advisors and Ambassadors based on contribution and success.
Marketing
Core Tokens are allocated for events, collaboration with influencers and media platforms as well as promotions to market the platform.
EcoSystem Liquidity
To support the demand in the market for Core Token trades and use cases in case there is a shortage of supply to ensure circulation and to sustain the market.
Core Lab
Research and development as well as grants for development of unique platforms and innovative contributions to the Core Token Platform and Smart Contracts.
EcoSystem Treasury
Reserved Core Tokens that could be allocated to unique contributing platforms that will exhilarate demand and circulation of Core Tokens.