CoDeTech I Official Announcements ₡

A Letter for the Core Community📢

We must emphasize the significance of protecting our IP for the Core business models in light of recent criticisms of the Core management for a perceived lack of transparency. To the community, Core's IP is as important to token holders as it is to the stakeholders of the company. Core is susceptible to opportunistic and competitive exploitation while in development, particularly on unreleased projects. Core is building cutting-edge software on the Core Blockchain. To keep Core ahead of the competition, Core Token holders and other interested parties should protect the IP until the project is finished.

It is the policy of Core to develop projects that are open source, and, like the Core Blockchain, we have proven that directly after release, we opened the GitHub and repositories. There is no reason to believe that we will not continue with such a policy of accountability and transparency. The ORB i2 project is another clear proof of transparency, equal opportunity, and accountability for the participation of the public from the second that Core Blockchain went live.

On the release of the CorePass Test Application, we made a full detailed explanatory and demonstrating video unveiling the full functionality and technical aspects of how the Application is functioning. Apart from this, repositories were opened for people to actually understand how certain contracts and parts of the libraries, which are not the company’s secrets, were opened for public viewing and testing. Moreover, we also opened and publicly made the Application available on Hacktrophy, so that all individuals can fully and transparently see all activity of the testing and bugs that are being found. This is as transparent as can be and is proving accountability towards bug fixing and vulnerabilities.

So, until we complete and prepare any new software, we WILL LIMIT EXPOSURE to GitHub and repositories to testing results and bug fixes for the sake of maintaining Core's market-leading and innovative products and IP to:
attract new use cases in a highly innovative and competitive sector;
generate creative sources of income through services provided more efficiently and safely for the users of the Core Ecosystem;
create new services and add value to existing services offered;
provide services that increase competitiveness for use cases; and
help stimulate creativity and innovation to excel in the Core Ecosystem in a new digital economy.

As to the demand for the release of the Tokenomics of Core Token, we would like to emphasize that we specifically did not release the information as we have already been planning to list the project on a public exchange for 3 years. Premature release of such information would have jeopardized the value of the token and the stocks, which are now set by the public and have a positive relatable value to the Core Token in itself. We trust that this clarifies any doubts.

We are excited to announce that after 3 years, we are finally able to release Tokenomics in the very near future. We are currently in the last phase where we can now allocate team, ambassador, and contributor rewards of what is left of the Core Tokens and we are now at liberty to make such information public.

We are disappointed that several people in the community are regularly attacking the Core management in regard to transparency and are irresponsibly insinuating fear in other Token holders and stakeholders for the sake of their own personal intent.

We will not tolerate anybody pushing for the platform to go live or publicizing any information that could jeopardize any of the projects of Core. We follow objective industry standards in terms of risk management, integrity, transparency, accountability, and asset management protection for the sake of the best interest of token holders and stakeholders.

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