Coreum (COREUM) Cryptocurrency Research Report – Disclaimer (March 5, 2024)

This report is based on information obtained through research conducted on March 5, 2024. Due to the dynamic nature of the cryptocurrency market, data may change over time.

Market Data:

• Project Introduction and Brief Summary: Coreum is a third-generation, layer-1 enterprise-grade blockchain built for decentralized applications (dApps) and decentralized finance (DeFi). It aims to offer high transaction throughput (up to 7,000 TPS), cost-effective fees, and scalability through features like ISO20022 compatibility, IBC interoperability, and Smart Tokens. https://www.coreum.com/
• Project Release Date & Token Release Date: Coreum’s mainnet launch date is not publicly available. The ICO date is also not available.
• Market Capitalization: Market capitalization data is not available as circulating supply is not reported.
• Current Price: $0.1503 (as of March 5, 2024) https://www.coingecko.com/en/coins/coreum
• Exchanges: Coreum is listed on several exchanges, including BitMart, MEXC, and LBank. https://www.coingecko.com/en/coins/coreum

Competitors:

1. Solana (SOL): $37.74 billion (market cap) https://www.coingecko.com/en/coins/solana
2. Avalanche (AVAX): $25.21 billion (market cap) https://www.coingecko.com/en/coins/avalanche
3. Cardano (ADA): $23.94 billion (market cap) https://www.coingecko.com/en/coins/cardano
4. Fantom (FTM): $1.59 billion (market cap) https://www.coingecko.com/en/coins/fantom

Use Cases: Coreum targets various use cases, including:

• Decentralized finance (DeFi) applications
• Non-fungible tokens (NFTs)
• Central bank digital currencies (CBDCs)
• Supply chain management
• Ticketing and loyalty programs https://www.coreum.com/

Technology:

• Proof-of-stake (PoS) consensus mechanism for transaction validation and security.
• Inter-Blockchain Communication (IBC) protocol for interoperability with other blockchains.
• WebAssembly (WASM) smart contract support for diverse functionalities.

Smart Contracts and Audits:

While Coreum mentions smart contracts on their website, no information on independent audits is currently available.

Investors or Partners:

There is no recent news (within the last 90 days) about specific investors or partners associated with Coreum.

Amount of Money Raised: Information regarding the amount raised during presale, ICO, or seed rounds is not publicly available.

Token Distribution:

• Total Supply: 500 million COREUM tokens

Token Economics and Use Cases:

• Utility Token: COREUM serves as the native utility token on the Coreum network. It is used for:

  • Paying transaction fees
  • Staking for network security and rewards
  • Governance participation

• Token Vesting Schedule: No information regarding the token vesting schedule is available.

Roadmap:

Coreum’s website outlines a roadmap with achieved milestones such as the launch of their testnet and the development of core functionalities. Future milestones include the mainnet launch, mobile wallet release, and integration with various DeFi protocols. https://www.coreum.com/

Team Members:

The Coreum team page lists several members with brief descriptions and links to their social media profiles. However, LinkedIn profiles are not provided. https://www.coreum.com/

References:

• Coreum website: https://www.coreum.com/
• CoinGecko: https://www.coingecko.com/en/coins/coreum
• CoinMarketCap: https://coinmarketcap.com/currencies/coreum/

Additional Notes:

• Limited information is available regarding the project’s funding, token distribution, and team details.
• The lack of an independent audit report on smart contracts raises questions about potential security risks.
• It is crucial to conduct further research and due diligence before making any investment decisions in Coreum.