Core is for everyone. In The 3D Blockchain, the what and why behind the Core network’s distribution of CORE tokens was unveiled. This post introduces the how.
If decentralization is to be accomplished in practice and not only in principle, the CORE token supply should be as accessible as possible. Thus, the initial distribution of CORE tokens bypasses many models that others have pioneered and popularized such as exclusive insider sales, expensive public auctions, or complicated DeFi IDOs. While those models can play critical roles in projects over time — particularly related to capitalization — Core’s early focus on decentralization demands an alternative strategy: Distribute early CORE tokens into the hands of the actual users of the Core network. To that end, Core is leaning heavily on public airdrops for initial distribution.
Web2 Compatibility
Just as Core is EVM compatible, the distribution of CORE tokens will be Web2 compatible. To be clear, Core is fully committed to a Web3 future. To date, however, Web3 involves too many barriers for mass Web2 user adoption. With Core being a blockchain for everyone, the distribution of CORE tokens will be a purely Web3 experience melded with the best parts of Web2, particularly accessibility and ease of use.
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. Satoshi App is an application that allows users to accrue rewards via a simple interface without requiring payment or exclusive invite only access. By partnering with an app with such a large audience, Core’s mainnet hopes to be one of the most decentralized networks shortly after launch.
Core’s democratized distribution lays the groundwork for an open culture predicated on mass participation and long-term alignment. This founding ethos is already picking up steam across the world. With such rapidly growing support, the Core network must continue to become as accessible as possible for all its supporters.
Airdrop Details
Airdropped token allocations will be made available to users with 25% up front and the remaining balance unlocked over a two year period. Additional details on how to claim your CORE tokens will be provided in a follow-up tutorial post that will walk through the entire end to end process. For more information regarding Core mainnet and airdrops, stay tuned to Core’s official Twitter, Discord, and (of course) Medium accounts.
Important Legal Notice and Disclaimers
This airdrop is only available to persons outside of the United States, Canada, and non-OFAC sanctioned countries and is subject to all applicable local laws, rules and regulations of the applicable jurisdiction. Each recipient shall determine which laws, rules and regulations are applicable and shall undertake all necessary efforts to comply with all such obligations. Core and its affiliates make no representation of the legal status of the airdrop under any jurisdiction and this airdrop is void where prohibited. Furthermore, nothing in this post should be construed as advice of any kind, including legal, business or tax advice. This airdrop does not constitute an offer to sell or the solicitation of an offer to purchase any investment.
