The COR Token (COR) is a utility token used within the Cortensor network to pay for AI computation services, stake for rewards, and participate in governance. More
| Fully Diluted Valuation | $31,174 |
|---|---|
| 24H Trading Volume | $27 |
| 24H Low / High | $0.00 / $ 0.00 |
| Circulating Supply | 412.13 M |
| Total Supply | 462.27 M |
| Max Supply | 500.00 M |
| Categories | SocialFi 7 more |
|---|---|
| Founder | Anonymous |
| Website | coreto.io 1 more |
| Socials | 1 more |
| Chains | Ethereum Ecosystem 4 more |
| Explorer | Polygonscan 8 more |
| Contracts |
0x9c2....8d835
4 more
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| Name | Pair | OG Score |
|---|
The COR Token (COR) is a utility token that powers the Cortensor project, a decentralized platform focused on AI computation. Here's a closer look at what COR is and how it fits into the ecosystem.
Utility within the Cortensor Network
The COR Token serves as the primary method of payment for AI computation services within the Cortensor network. Developers and users can pay node operators with COR to access decentralized AI processing power, avoiding the need for traditional, centralized cloud services.
Staking and Governance
Holders of COR can stake their tokens to help secure the network. In return, they may earn rewards and gain governance rights, allowing them to participate in key decisions about the platform’s future development and direction.
Decentralized AI Infrastructure
Cortensor aims to decentralize AI computation, providing an infrastructure where AI models can be deployed without relying on centralized providers. The COR token plays a crucial role by incentivizing node operators to contribute their computing power to the network.
Tokenomics and Ecosystem Growth
The COR Token’s supply is managed through mechanisms like staking rewards or buybacks to encourage active participation. With a focus on deflationary models, the token’s value could increase over time. As the network grows, COR helps bring more developers, users, and computational power to the platform.
Conclusion
The COR Token is essential to the Cortensor ecosystem, providing a way to pay for services, participate in network security, and support the expansion of decentralized AI technology.
The COR Token is unique because it powers the decentralized Cortensor network, enabling AI computation without relying on centralized cloud services. It incentivizes node operators and allows token holders to stake their tokens for rewards and governance rights.
The specific founders of the COR Token and the Cortensor project are anonymous.
Uniswap V2 (Ethereum), ProBit Global
