Core DAO
$0.0184
-1.4%(24h)Today
-1.4%
30 Days
-7.0%
Price Change (24h)
-$0.000259
Price of Core DAO Today
The live price of Core DAO is $0.0184 per CORE/USD, -1.39% in the last 24 hours. It has a market cap of $32.75M and $769.66K in trading volume over the same period. Prices are averaged across every exchange we track and update continuously. CORE has a circulating supply of 1.49B.
Current price
$0.018424h high
$0.019024h low
$0.018124h
-1.39%7d
-8.49%30d change
-6.96%CORE Market Stats
Rank
#725
By market cap
Market Cap
$32.75M
24h Volume
$769.66K
Across 6 exchanges
FDV
$38.46M
If all tokens were issued
Circulating Supply
1.49B CORE
70.8% of max supply issued
Total Supply
2.09B CORE
Max Supply
2.1B CORE
Listed on
6 exchanges
Website & Community
Website
Categories
Smart Contract PlatformLayer 1 (L1)Bitcoin SidechainsSideChain
Where to buy Core DAO
Core DAO is available on 6 exchanges. Prices shown are live.
| Exchange | Pair | Volume | Trade |
|---|---|---|---|
| OKX | CORE-USDT | $775.38K | Buy CORE on OKX |
| LBank | core_usdt | $185.11K | Buy CORE on LBank |
| MEXC | COREUSDT | $97.24K | Buy CORE on MEXC |
| Gate | CORE_USDT | $86.89K | Buy CORE on Gate |
| Bitget | COREUSDT | $83.43K | Buy CORE on Bitget |
| Bybit | COREUSDT | $77.95K | Buy CORE on Bybit |
Price: $0.0184 — Price Source: 6 exchanges
We may earn a commission when you sign up through these links. This never affects the prices shown.
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People also ask about Core DAO
What Is Core (CORE)?
Core is a Layer 1 blockchain that is compatible with the Ethereum Virtual Machine, allowing it to support Ethereum smart contracts and decentralized applications. The network uses the Satoshi Plus consensus mechanism, which combines delegated Bitcoin mining hash power with delegated Proof-of-Stake. This is intended to enhance security and scalability. The project's native token, CORE, is central to its operations. The mainnet launched in January 2023, and the network is governed by a decentralized autonomous organization that oversees the development of the Satoshi Plus ecosystem.
Who Are the Founders of Core?
The team behind Core is known as CoreDAO, a global collective of contributors who are passionate about advancing Web 3.0. They are dedicated to growing the Satoshi Plus ecosystem through blockchain innovation. The group has a significant following on social media, with around 1.6 million followers on Twitter and over 74,000 on Telegram. However, the specific identities of the founders, contributors, and developers have not been publicly revealed.
What Makes Core (CORE) Unique?
Core's uniqueness lies in its Satoshi Plus consensus mechanism, which merges Bitcoin's Proof-of-Work with a delegated Proof-of-Stake system. This hybrid approach aims to achieve both decentralization and scalability, addressing the blockchain trilemma. Additionally, being an EVM-compatible chain allows for composability with Ethereum-based applications. Developers who build on Core and bring value to the ecosystem can earn S-Prize tokens. The network is also decentralized, with a DAO managing governance parameters, upgrades, and proposals.
How Many Core (CORE) Coins Are There in Circulation?
CORE serves as both a utility and governance token for the Core network, with a maximum supply of 2.1 billion coins. This hard cap is inspired by Bitcoin's scarcity model. The developers plan to implement a burn mechanism similar to Ethereum's 'Ultra Sound Money,' where a portion of fees and rewards will be burned, as determined by the Core DAO. The total supply is allocated across six categories: node mining receives 39.995%, Core users get 25.029%, contributors 15%, reserves 10%, relayer rewards 0.476%, and treasury 9.5%.
How Is the Core Network Secured?
The Core network is secured by the Satoshi Plus consensus mechanism, which integrates Bitcoin's Proof-of-Work with a delegated Proof-of-Stake model. This combination is designed to provide robust security. Additionally, the network has undergone audits by CertiK, a firm that specializes in blockchain security and protocol monitoring, ensuring the network's integrity.
Where Can You Buy Core (CORE)?
CORE tokens are available on several major cryptocurrency exchanges, including Huobi, OKX, Gate.io, Bybit, and Poloniex. Users can purchase CORE and trade it against USDT pairs. Coinasity shows the live CORE price, averaged across major exchanges.
What is Core DAO?
Core (CORE) is a layer-1 blockchain designed to be compatible with the Ethereum Virtual Machine (EVM), allowing it to support Ethereum-based smart contracts and decentralized applications (dApps). The network operates using the Satoshi Plus consensus mechanism, which combines delegated Bitcoin mining hash power with delegated Proof-of-Stake (DPoS). The native token, CORE, is used within this ecosystem. The project’s mainnet went live in January 2023 and is governed by a decentralized autonomous organization (DAO), with Core DAO overseeing the development of the Satoshi Plus ecosystem. Notably, the identities of the project’s creators and developers have not been publicly disclosed.
The Satoshi Plus mechanism integrates Bitcoin’s Proof-of-Work (PoW) framework with a modified Proof-of-Stake model, aiming to address the blockchain trilemma of decentralization, scalability, and security. The network also offers an incentive system where developers can earn S-Prize tokens for building dApps that add value to the ecosystem. Governance is handled through the DAO, which manages transaction fees, parameters, and proposals for upgrades.
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CORE has a maximum supply of 2.1 billion tokens, with distribution allocated across categories such as node mining, users, contributors, reserves, relayer rewards, and treasury. A burn model is planned, similar to Ethereum’s "Ultra Sound Money" concept, where a portion of fees and rewards may be burned as determined by the DAO. The network has been audited by CertiK and is listed on several cryptocurrency exchanges, including Huobi, OKX, Gate.io, Bybit, and Poloniex.