Coreto live on Hyve

Published on: 06.07.2022
Coreto live on Hyve

Coreto live on Hyve a community-driven ecosystem, facilitating collaboration between users in a uniquely decentralized environment.

HYVE is quickly becoming a universal platform for freelancers, allowing payment in an increasing number of cryptocurrencies, and giving users the ultimate freedom.  In the past couple of months, we have been heavily diversifying payment options.

As freelancing becomes increasingly popular, the need for a platform that can facilitate relationships between employers and freelancers is growing every day. The latest token integration is $COR, the native token of Coreto, which will be available to pay and accept payments for tasks, jobs, and offers on HYVE.

INTEGRATION IMPORTANCE

$COR’s integration is unique since it will go live on ETH, BSC, and Polygon, marking the first token to benefit from HYVE’s cross-chain infrastructure. Nevertheless, there should be more tokens to be integrated into its latest supported blockchains, expanding payment options for freelancers.

Everything you need to know about the $COR token

$COR is the utility token that powers the Coreto ecosystem and ensures its optimal functioning. It is the single token that embodies the role of a devoted currency. Utilizes all the platform’s services and interactions.

The use cases for $COR are being continuously developed by the team and new features are constantly added in order to benefit the blockchain community. The current primary use case of the token is to create or participate in Staking of Opinion Pools (SOOP), a tool for traders to make price predictions on crypto assets, and earn $COR in the process. Users can create predictions, pledge to the opinions of others, or challenge those that consider they may be wrong or too conservative.

$COR facilitates on-chain transactions, content monetization, and staking, just to name a few. The $COR tokens also assign when using the referral program. It is base on the user’s spot on the leaderboard and the user’s activity.

As Coreto’s reputation base research platform develops, new token features enable. Gamification rewards, rumor validations, content boosting, as well as subscription-based content, and the payment method for businesses.

The efficient utilization of the $COR token in the ecosystem is facilitated by an integrated decentralized finance solution.

ABOUT Coreto
Coreto.io is a reputation-based crypto research platform. The first platform that is developing and testing is the Decentralized Reputation System. Stick to its goal to become the benchmark of trust and performance for the crypto industry.

ABOUT Hyve Network
HYVE has created a community-driven ecosystem, facilitating collaboration between users in a uniquely decentralized environment. HYVE introduces payments directly in cryptocurrencies. It also provides numerous advantages and facilitating interaction regardless of external factors.

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RESOURCES
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