Sometimes ago, an app was created to serve as a mining app for a supposed massive project. The token to be mined was called BTCs then but was later changed to CORE. I think the major reason for changing the name of the crypto was because the team that came together to build this project wanted it to be a bridge between BITCOIN and ETHEREUM Blockchains. So, it wouldn't make any sense if it was termed BTCs without expressing the $ETH part of it. Hence the name was Changed to $CORE. The app was called 'MYSTERIOUS APP' and at the long run, it truly proved to be mysterious.
At the beginning of the Airdrop, free Bitcoin and Ethereum was giving to all participants and more can be claimed by referral, claiming hash and participating in competitions. The $CORE which was to be the native token of the CORE blockchain was also claimed alongside the free BTC and ETH.
- "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."
About the team
The Team comprises of two major whales of holding huge amount of BTC and ETH. The team goes by the name CORE_DAO on Twitter. They are as mysterious as the app is.
The launching of the Airdrop
The mining of the token lasted for about a year plus. They were so many speculations about what the price of the crytpo would be. On metamask, the price that many people said they saw was about $6800 per CORE. So many CEX and DEX were competing to get the token from those that mined because there was no IDO or IFO, nor was there a private or public funding. Many of those that mined the coin were already dreaming of how many Benz they are going to buy or how many houses they were going to build. But lo and behold, the first move of the COREDAO Team broke their backs. The team didn't release the whole coin, rather they decided to release the token to the community in a percentages (about 30%) spread over a period of one to two years. The percentages will be Airdrop and claimed by the miners at certain time in a month.
Secondly, the price the community expected was not the listing price that came out. Many people are of the opinion that atleast $6800 will be the listing price while the price will increase to around $18k and ultimately $80k in the nearest future. The listing price came out to be $5 and subsequently dropped to around $2. I was actually one of the expecting miners waiting for the starting price to be around $6800, but here we are??
Mysterious nature of the core project
Even though the price of core doesn't seem good, I believe that core is still going to be very great in the crypto verse. Hence, now is a very good time to bag more core now that the price is very low. I will give some reasons to this but before then let me give you some projects currently existing on the CORE blockchain;
Shadowswap; This is a very high profiting project currently existing on core project. They have executed a lot of other projects on this Token. Many have become millionaires just because of this project. Others have also gotten more core and HODL them till the glory of Core will be revealed.
LFGswap; I particularly participated in this project and it was a lovely one. I had to stake the lfg I got from it and it's yielding many more for me. Recently a pump was carried out on the crypto. I narrowly missed it cos I wasn't online when it happened by my friends that were online them made huge returns. BETTER DAYS AHEAD
ArcherSwap: A great project I love. So easy to join and make profit from. I participated in some IDOs and made some Core for myself. More projects ahead.
So much more. There is so many profit to make in using the core ecosystem. Join on the moving train
The CORE future
Let's spend another minutes to better known CORE.
Fellow holders of CORE, there are things I want to you to note down and consider indebtly, so that you hold your Core, stake it and never make the mistake of selling, except you have plenty of it.
(1) why would Bitcoin miners delegate their Hash to a project of 2 dollars if that project is not a time Bomb waiting to explode.
(2) why would a coin like Core that has been listed on 8 exchanges still remain at 2 dollars if not that the price is being controlled or manipulated. Remember Remitano reach 3 dollars even when it has not been listed on any exchange even with a very low market cap.
(3) How and from where did Mexc exchange know and got the information that 1 unit of Core is 0.97 cents, don't forget that 1 unit is 0.0001 of a coin.
(4) why is it that numerous projects that are launching on Core everyday is not affecting Core price.
(5) why would CORE spend almost Ten million dollars worth of Bitcoin in giveaway when they know that they don't have enough liquidity to make their coin something worth appreciating, it seems CRAZY TO ME.
(6) where did METAMASK get 6555 dollars price from???????
In conclusion CORE is a project shrouded in Mysterious, hard to predict like a riddle that can even puzzle the gods, but for me I see great days ahead of Core and Core holders, I am not just looking for a quick cash out, but I am looking for a Crypto currency that will change my financial status at the course of time, so let's state our coin and be Optimistic, because CORE will make the patient holders rich.
Please note. This post is not a financial advise. Please DYOR
