Core DAO Ecosystem Update From the Past Week

Core Weekly Ecosystem Update 

A lot has been happening in the Core DAO ecosystem. With its Satoshi Plus Consensus mechanism, the network continues to expand, delivering quality projects for users in the crypto and Decentralized Finance (DeFi) space. 

During the past week, many projects building on the Layer-1 blockchain recorded some notable milestones in the industry. Further, the blockchain protocol partnered with top budding platforms to enhance its ecosystem growth. 

BSC News will explore the significant partnerships and improvements on the fast-rising network over the last seven days: 

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Core DAO Partners with MEXC and Bidget for $200 Ecosystem Fund 

Core DAO, in partnership with cryptocurrency exchanges MEXC and Bidget, announced the launch of a $200M ecosystem fund. The innovation was designed to support the development of Decentralized Applications (dApp) building on Core’s secure network. 

The funding will generate capitalIn partnership with cryptocurrency exchanges MEXC and Bidget, Core DAO for grants, investments, hackathons, incubation, and educational programs. Core DAO is calling on builders ready to become a part of the next generation of development in the DeFi space. According to the protocol’s publication, Core contributors and partners worldwide seek quality projects. 

Refer to the Core Medium publication to learn more about the partnership. 

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Core Partners With Young Parrot for Community NFT Project 

Core DAO launched a Non-Fungible Token (NFT) collection, Core Origin NFTs. 

The minting is free for all early Core supporters and is available for seven days. Core DAO’s tweet on April 21 has more details: 

Aquarius Money Market IDO on Core DAO  

Aquarius Loan, a decentralized money market for lenders and borrowers on Core, is set to launch its Initial Dex Offering (IDO) on the Layer-1 blockchain. 

According to the protocol’s Twitter announcement, the IDO will go live on two top Core-based Decentralized Exchanges (DEX), ArcherSwap and ShadowSwap. The IDO will commence on April 24 at 17:00 UTC. 

OmniaVerse New Game on Core 

After launching its Dice and Block Lottery games on the Core chain, OmniaVerse continues to expand its GameFi ecosystem. The Metaverse platform introduced a new game, Block Scratchies, on April 20. 

Interested users should refer to the protocol’s tweet below to learn how to participate and earn $BLOCK/CORE. 

Spoon Exchange Launches the First ve(3,3) DEX on Core 

Spoon Exchange, inspired by the successful launch of Velodrome on Optimism, launched the first ve(3,3) DEX on Core. 

The trading and liquidity layer on the Core chain will be the next-generation liquidity layer for projects to build upon with its improved ve(3,3) solution. For more information about the protocol, read the thread below: 

What is Core DAO:

Core DAO is the official decentralized organization developing the Satoshi Plus ecosystem. It represents an opportunity for miners to access new revenue streams by contributing hash power to the chain. Inspired by the principles of both blockchains, Core displays a deep appreciation for the crypto ecosystem's history and an even greater excitement for Core’s role in its future.

Where to find Core DAO:

Website | Docs | Twitter | Discord

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