Coreum — The smart tokens
Coreum blockchain launches in March 2023 and introduces some groundbreaking features in the web3 space! If you hold sologenic on XRPL it pays to have your trustlines set for the Coreum airdrop!
Coreum Blockchain has been making waves in the industry since its announcement in December 2021. The project aims to introduce a new standard for enterprise use cases, with a focus on ISO20022 compliance and Smart Tokens. The open-source project is entirely community-owned and has been built by developers with a passion for creating a more advanced, secure, and fast blockchain that can cater to businesses of all sizes.
Ground breaking innovation
Coreum Technologies is leveraging sharding and state channel technologies to solve scalability issues faced by Ethereum. The Coreum Blockchain offers high throughput, low latency transactions with minimal fees. Smart Tokens, an innovative feature provided by Coreum, allow for compliance, automation, and programmability this is a game changer!
Launch
The highly anticipated mainnet launch of the Coreum Blockchain is scheduled for March 24th, 2023, at around 4:00 AM UTC. Once the mainnet is live, participants will have a unique opportunity to start staking their CORE tokens on the Coreum Blockchain. Early stakers are forecasted to benefit from APRs as high as 40% initially while the total supply moves from XRPL to the Coreum blockchain.
The Growth and Partnership teams at Coreum have been working hard to bring more value to the ecosystem. After the mainnet launch, several exciting partnerships will be announced, including various institutional validators, wallet integrations, and Tier-1 exchange listings.
Coreum has always been committed to developing an open-source technology that is entirely community-based without public token sales (IEO, ICO, or IDO), a common practice among most blockchain projects. In Q1 2023, Coreum will launch its first fundraising round for reputable VCs and institutional accredited investors.
Smart tokens
The Core development team is constantly working on adding more features to the Coreum Blockchain and monitoring and securing the network. After the mainnet launch, the team will focus on expanding the functionalities of Smart Tokens by adding more native features and support for different use cases. In the second development phase, the Core team will start developing the built-in full order-book DEX on the Coreum Blockchain, allowing all issued smart tokens on the chain to be seamlessly traded.
Key features
The coreum blockchain provides a vast array of cutting edge capabilities.
Soulbound tokens — One of its most notable functionalities is the ability to create soulbound tokens. These tokens are unique in that they are permanently bound to a particular user or address, providing a high degree of security and eliminating the risk of tokens being transferred to unauthorized parties.
Interactive NFTs — These NFT’s can be programmed to respond to various triggers, such as changes in price or other events. This functionality allows for the creation of more complex and dynamic NFTs, which can be used in a wide range of applications.
Programmable money — This feature allows for the creation of more sophisticated financial instruments, such as smart contracts that automatically execute under certain conditions. Coreum is also ISO20022 compliant, which means it meets the international standard for financial messaging, making it easier for financial institutions to integrate with the platform.
Real estate tokenization — Coreum allows for the creation of digital assets that represent ownership in real estate, making it easier to buy, sell, and transfer ownership of property.
Securities and stocks — This feature allows for the creation of digital assets that represent ownership in companies or other types of securities, providing greater flexibility and liquidity for investors.
The hub!
Coreum is anticipated to become the “Hub” for blockchain developers, allowing tokens to be issued on Coreum and flow through the Inter-Blockchain Communication Protocol (IBC) supported chains. Coreum Blockchain is poised to revolutionize enterprise use cases by offering an advanced, secure, and fast blockchain for businesses of all sizes.
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