The Coreum blockchain is simply the solution to improve all current weaknesses and provide developers with an essential infrastructure to build any decentralized app, from DeFi and Metaverse to Gaming & even asset tokenizations, banking & remittances in the financial industry.
Coreum is airdropping a total of 100,000,000 CORE tokens to SOLO holders over the course of 371 days. A random snapshot will be taken every month starting from December for 371 days. The rewards will be distributed at the time of next month’s snapshot at a random date and time to the SOLO holders.
Consensus Mechanism
Coreum uses a Bonded Proof of State (BPoS) consensus mechanism that allows for Staking, non-custodial Delegating, Slashing, and Governance
Speed & Quorum
With a block time of 1.5 seconds, Coreum is extremely fast and can process up to 7,000 transactions per second with a federated group consisting of 9 validators that rotate every 4 hours.
CORE Token
The CORE token is the native token of the Coreum blockchain, a transactional token that facilitates all operations and functionalities within the network.
Transaction Fees, Validators’ Rewards & Token Burn Mechanism
It is imperative that a Blockchain can be sustainable and economically optimal during heavy load or no load at all. Coreum uses a stable fee model that maintains transaction fees regardless of block size and network activity.
On-Chain Token Issuance, Minting and Tokenization
With native support for the issuance of any fungible and non-fungible assets on-chain, Coreum takes asset issuance and minting to the next level.
This built-in functionality even allows issuers to customize their tokenized assets with optional features for when it comes to the heavily regulated financial markets like Stock and ETFs.
Use Cases
Coreum provides developers and financial institutions with a complete essential infrastructure to build any DeFi applications. Coreum even incentivizes and provides grants to qualified developers to build intuitive dApps on the Coreum blockchain.
The Core Community
Coreum is a 100 % community-owned and operated. Built by open source developers with the passion of making a more advanced, secure and fast blockchain.
