There are rumors and speculation among Web3 communities that Coreum is planning an airdrop campaign. According to insider reports and official announcements, there is no plan for an airdrop from Coreum’s side.
However, the Coreum project is gradually developing by implementing advanced technologies in its cross-chain platform. Mostly, airdrops arrive if a project wants to reach the world to communicate the launch of its new product.
Coreum has some important updates regarding their future projects, and there is a strong chance an airdrop may arrive soon. In this article, we will look into the complete details of the potential airdrop. We will provide you with some probabilities about the launch date & end date, as well as a claiming & withdrawal guide. Let’s begin.
What is Coreum?
Coreum is a layer 1 blockchain that acts as a superledger with functions like building dApps and smart tokens. Coreum uses Tendermint, one of the most used consensus mechanisms across blockchains, for its security and remarkable speed.
Last week, Coreum’s network update happened, and the platform introduced Tokenproof, a bridge that connects the web3 world with everyday interactions. The native token of the project is also named COREUM.
The COREUM Token
COREUM is the foundational token of the ecosystem. It is used for transaction fees, governance, and as an incentive to ledger users. Here are more details:
| Token Ticker | $COREUM |
| Contract Address (XRP Ledger) | rcoreNywaoz2ZCQ8Lg2EbSLnGuRBmun6D |
| Contract Address (Osmosis) | ibc/F3166F4D31D6BA1EC6C9F5536F5DDDD4CC93DBA430F7419E7CDC41C497944A65 |
| Total Supply | 384,792,048 COREUM |
| Today’s Market Cap | $32,329,821 |
Is There a Coreum Airdrop?
As we mentioned in the beginning, there is no ongoing airdrop campaign by Coreum. But the latest upgrades regarding tokenproof, smart token extensions, the collaboration with AnChain, and the expansion of Superledger, all indicate that an airdrop is on the way.
But, it is not officially announced. Follow Coreum’s blogs and Twitter profile to stay updated with the latest information. Also, subscribe to their newsletter.
Eligibility Criteria For the Airdrop
Usually, ledger-related airdrops won’t have any specific criteria to participate in their campaign. Coreum also won’t have any specific rules regarding participation. Nevertheless, we may have to wait for the official confirmation to know the exact scenario.
Is This Airdrop Free?
Sometimes, you have to do certain transactions that may cost you gas fees. Coreum platform’s most of the functionalities include transactions between chains. So, you may have to do them. Or, the airdrop will be free. The probability is 50-50.
Step-by-Step Guide to Claim the Airdrop
We provide you with these steps to move you through an understanding of how these kinds of airdrops work. We tried to make this guide as accurate as possible. But, once the campaign is live, we will provide you with exact steps. Here are the details:
- Visit Coreum: Visit the official website of Coreum and navigate to the airdrop page. The airdrop page will be live once the airdrop is launched.
- Create or Import Wallet: Create your wallet with Coreum, or import your wallet with the 12-word seed phrase.
- Complete Tasks: Mostly, the tasks will include doing some transactions inside the ledger. If they provide you with a testnet to do the transactions, you won’t lose any of your gas fees.
- Social Media Tasks: These tasks include following Coreum on Twitter (X), joining the official announcement channel in Telegram, and joining the Discord server.
- Invite Friends: Invite your friends to join the Coreum airdrop campaign to get more rewards. Sometimes, there will be a leaderboard of referrals. Refer as many as friends so you can climb up the leaderboard.
How to Withdraw Your Earnings?
The COREUM tokens you earned will be sent to your wallet. You can send it to an exchange to cash out. COREUM is listed on prominent exchanges like Gate.io, MEXC, Bitget, and Bitmart. Also, you can connect your wallet to the decentralized exchange Osmosis to swap COREUM into OSMO.
Airdrop Launch Date & End Date
We have no data regarding the launch date and end date. There is no official confirmation or insider information. However, with these rapid developments in the platform, we can expect an official announcement in August or September.
Final Thoughts: Is This a Trustable Airdrop?
Coreum is a platform trusted by many. It has partnerships with major reputed crypto ventures. It seems like a trustable platform with promising futuristic goals.
Nevertheless, it is important to do your research before delving into any kind of crypto project. Look for official updates and proceed with caution. DYOR, and happy airdropping.
Read more: How To Claim Sparklet (SPARKLET) Airdrop: Eligibility, Launch Date (listing date)
