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What is Core (CORE)?
Core basic info
What is MemeCore (M)?
MemeCore (M) is the first Layer 1 blockchain built specifically for "Meme 2.0"—a paradigm where meme coins evolve from short-term speculation into enduring cultural and economic forces. Unlike traditional meme coins that often rely solely on hype, MemeCore integrates community-driven virality with a sustainable economic model, ensuring that every participant, from creators to traders, plays a vital role in the ecosystem.
Who Created MemeCore (M)?
MemeCore was founded by Jun Ahn, who serves as the Chief Executive Officer. Before establishing MemeCore, Jun founded 0xLootBox, an investment network with a diverse portfolio, including notable projects like Arc Community. His experience also includes roles at Ledger and Chains.Asia, providing him with a robust background in blockchain and investment networks.
Supporting Jun is Cherry Hsu, the Chief Business Development Officer. Cherry is a seasoned game developer with over seven years of experience in marketing for IT startups. She holds a master's degree in Computer Science from Chang Gung University in Taiwan, bringing a blend of technical expertise and strategic insight to the team.
What VCs Back MemeCore (M)?
MemeCore's innovative approach has attracted significant attention from prominent venture capital firms. In March 2025, the MemeCore Foundation announced a strategic investment from several leading blockchain venture capital firms, including IBC Group, Waterdrip Capital, AC Capital, Catcher VC, K300 Ventures, Wagmi Ventures, and Click Capital.
How MemeCore (M) Works
At the heart of MemeCore's functionality is its unique Proof of Meme (PoM) consensus mechanism. This system is designed to guide meme coin projects beyond mere speculation, steering them toward long-term cultural relevance and economic contribution.
Proof of Meme (PoM) Explained
Unlike traditional consensus models, PoM is an evolution framework that encompasses the full lifecycle of a meme coin. From the creation of a Meme Vault to community participation, contribution evaluation, reward distribution, and governance, PoM ensures that meme projects become active, value-generating members of the MemeCore mainnet.
Meme Vaults: The Heart of the Ecosystem
When a new MRC-20 token (MemeCore's token standard) is issued, a dedicated Meme Vault is automatically created. This smart contract-based hub tracks community activity and distributes rewards to PoM participants, including validators, stakers, and traders. The vault serves as the central infrastructure for measuring engagement and fairly allocating on-chain rewards.
Viral Grants Reserve
To incentivize growth, MemeCore allocates 10% of block rewards to a Viral Grants Reserve. If a Meme Vault meets specific evaluation criteria—such as community size, transaction volume, or total value locked—it becomes eligible to receive a grant. This ensures that funding is distributed based on measurable on-chain traction and community strength, rather than short-lived price surges.
Meme (MRC-20) Reserve
Upon the creation of an MRC-20 token, 5% of its total supply is automatically allocated to the Meme Reserve. This reserve is used to reward participants within the Meme 2.0 ecosystem, accelerating meme virality. Specifically, 1% is allocated to the M stakers reserve, and the remaining 4% is allocated to the meme stakers reserve. These reserves are distributed as staking rewards to core participants engaged in PoM staking.
M Goes Live on Bitget
MemeCore is reshaping the meme coin landscape by transforming viral internet culture into a sustainable, community-driven economy. Through its innovative Proof of Meme (PoM) consensus, it rewards creators, validators, and users who contribute to the ecosystem's growth. The M token serves as the backbone of this network, facilitating transactions, staking, and governance, while also incentivizing active participation. With strategic partnerships and a clear vision, MemeCore offers a robust platform for the next generation of meme coins.
We are thrilled to announce that Memecore (M) will be listed in the Innovation, Public Chain and Meme Zone.
Trading Available: 3 July 2025
Trade M/USDT on Bitget today!
CORE supply and tokenomics
Uniqueness
Satoshi Plus is the consensus mechanism to validate transactions and secure the Core network; the method is based on Bitcoin’s Proof-of-Work (PoW) and Ethereum’s Delegated Proof-of-Stake (DPoS) pairing. The combination of models allows the network to achieve both decentralization and scalability by dealing with the challenges of the blockchain trilemma.
Core provides the composability of an EVM chain, which ensures enabling conditions for managing smart contracts and dApps. By creating dApps on the Core blockchain and bringing value to the ecosystem, developers are rewarded with S-Prize tokens (so-called Satoshi Prize).
The protocol opts for decentralization by operating through a decentralized autonomous organization (DAO) that controls transaction fees and governance parameters, proposes upgrades, makes development proposals and votes on proposals.
Token governance
Until Core reaches the point of sufficient decentralization, the Core team is charged with overseeing the network through their control of the DAO. Functions include, but are not limited to altering the number of validators, regulating governance parameters, and setting the percentage of block rewards and transaction fees that are burned. The DAO’s membership will continue to expand and once sufficient decentralization arrives, early CORE holders are tasked with creating and maintaining a community that believes in the Core mission and the sustainability of the network. Core is not limited to any particular vision or ideology. Diversity is our strength. We’re a crypto melting pot made possible by our simple, core goal: Secure, scalable, and decentralized digital currency for an internet based on freedom, transparency, and self-sovereignty.
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What is the development prospect and future value of CORE?
The market value of CORE currently stands at $503.85M, and its market ranking is #107. The value of CORE is widely recognized by the market. When the bull market comes, the market value of CORE will likely continue to increase.
Moreover, if CORE can play a greater role in practical applications, such as Core builders fully leveraging the potential of CORE, partnering with more businesses, and increasing its user base, the long-term value of CORE will be significantly enhanced.
Is CORE worth investing or holding? How to buy CORE from a crypto exchange?
How to get Core through other methods?
What is Core used for and how to use Core?
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