Satoshi CORE – Reviews on 75% locked assets

Satoshi CORE users (participants) are witnessing more mysterious developments from the #CoreDAO with regards to the MainNet activation coming soon.

The crypto project “CORE” aims to be deflationary in nature while solving the lingering blockchain trilemma, and also stay valuable for the long-term bid for the benefit of the users, contributors and investors in the industry.

TRENDING!!! CORE to be listed on Huobi for trading by MainNet (Signup Now)

The CORE which participants accumulated on the Satoshi app is an Airdrop. Participants are referred to as Users of CORE. The Airdropped CORE was 525,600,000 and the 25% made available is 131,400,000 CORE, while 75% remaining balance that will be unlocked over a 2yr period is 394,200,000 CORE. You can proceed to calculate yours. Example; if you accumulated 50 CORE, 25% of 50 is 12.5 CORE (which will be available for you) while 37.5 (75%) will be locked for 2year period.

Basically, this will deter any negative price impact on Satoshi CORE if many users sells off their holdings after mainnet, as the Contributors {Existing and Future (Funders, Developers)} have 315M CORE on their allocation – and ain’t selling off anytime soon.

The 75% usersʼ asset which will be locked, and sequentially get unlocked over a two year period does not place a halt on the decentralization plan of CORE, because the Satoshi app where the Airdrop participation and accumulation took place is the actual centralized app. Subsequently, the Development Team of CORE will make clarification to enable users know if they can be able to stake (delegate) the 75% portion of their locked CORE, or it will only be the 25% available (unlocked) CORE will be enabled for withdrawal, delegating after the Mainnet phase.

CORE 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 a Centralized web2 application that allows users to accrue rewards by performing simple tasks without requiring payment or exclusive invite. By partnering with an app with such a large audience, Core’s mainnet aims to be one of the most decentralized networks shortly after launch.

Join our Telegram Group and Announcement Channel for information on the CORE mainnet launch, Airdrop Distribution, Delegating (Staking), DEX Swapping, Listings on Exchanges.

Recall that the Distribution breakdown of the 2,100,000,000 TotalSupply of CORE assets are as follows:

• Node Mining (839.9m CORE; 39.995% of TotalSupply)
• Users (525.6M CORE; 25.029%)
• Contributors (315m CORE; 15%)
• Reserves (210m CORE; 10%)
• Treasury (199.5m CORE; 9.5%)
• Relayer Rewards (10m CORE; 0.476%)

Initial contributors built CORE for 3yrs without external funding, understanding the important philosophical distinction between builders and investors. As a result, Core’s distribution can focus on getting tokens into the hands of the actual builders and users of the network.

At MainNet time, there has been no public or private sales of CORE tokens to investors. By deliberately targeting builders, users, and believers with the token launch, Core’s foundation is in perfect alignment with the vision of longterm decentralized governance.