CORE ID PriceCIDInactive

What is CORE ID (CID)?

CORE ID (CID) is a cryptocurrency launched in 2023 that operates on the Core platform, a Bitcoin-integrated, EVM-compatible layer-one blockchain. The project centres on the .core domain, which is described as a distributed, open, and extensible naming system built on the CORE Chain. It also supports reverse resolution, making it possible to associate metadata with on-chain identities.

Beyond naming, CORE ID is positioned as a paradigm shift in how digital identity is approached in the blockchain sphere, with an emphasis on security and transparency. Related concepts referenced in project materials include CoreID, Wall Money, and the Core Settlement Network, which together allow digital assets to be sent using nothing more than a person's social identity.

The CID token has a total and maximum supply of 50,000,000 tokens. According to CoinMarketCap, the project self-reports a circulating supply of 50,000,000 CID (100%), though the CMC team has not verified this figure, and other trackers report a circulating supply of 0. The project remains in an early stage, with limited liquidity and price discovery across data sources.

Key Specifications & Tokenomics

• Name: CORE ID
• Ticker / Symbol: CID
• Launch Year: 2023
• Platform / Blockchain: Core (Core Chain)
• Category: Core Ecosystem; Real World Assets; Digital Identity
• Total Supply: 50,000,000 CID
• Max Supply: 50,000,000 CID
• Self-Reported Circulating Supply: 50,000,000 CID (100%)
• Circulating Supply (other trackers): 0
• Circulation Rate: 0.00%
• Contract Address (Core): 0x000000000e1d682cc39abe9b32285fdea1255374
• Block Explorer: scan.coredao.org
• Official Website: https://coredao.id
• Whitepaper: https://docs.coredao.id/
• CertiK Rating: 2.5

Who created CORE ID?

Public information about the CORE ID founding team is limited. The most directly associated figure in available materials is Ockert Loubser, who is identified as CEO of CoDeTech and Co-Founder of Core Blockchain. In a Core Chronicle video, he demonstrates how CoreID, Wall Money, and the Core Settlement Network function together. The project documentation is hosted under the Core DAO domain, and CORE ID is categorised within the broader Core Ecosystem, suggesting development is closely tied to the Core Chain community rather than a separately publicised standalone team.

How does CORE ID work?

CORE ID functions as a naming and identity layer on top of the Core Chain. Its core asset, the .core domain, is a distributed, open, and extensible naming system that maps human-readable names to on-chain addresses and data. The system supports reverse resolution, which means an address can be resolved back to a name and associated metadata, rather than only resolving names forward to addresses.

This design underpins the project's identity and settlement concepts. CoreID, Wall Money, and the Core Settlement Network are presented as a stack that enables digital assets to be sent using a person's social identity instead of a long hexadecimal address. The underlying Core Chain is described in the Core White Paper v1.0.7 (published December 19, 2024) as a Bitcoin-integrated, EVM-compatible layer-one blockchain engineered to enhance Bitcoin's capabilities, which means CORE ID inherits EVM compatibility and Bitcoin-aligned infrastructure from its host chain.

What makes CORE ID unique and valuable?

CORE ID's differentiation rests on three pillars. First, it is a naming system native to the Core Chain, giving Core ecosystem users a dedicated identity namespace rather than relying on naming services from other networks. Second, its support for reverse resolution and metadata association extends the utility of a name beyond simple address mapping, which is relevant for identity, reputation, and asset-linked data.

Third, the project connects naming to settlement: the CoreID, Wall Money, and Core Settlement Network combination is designed so that digital assets can be transferred using social identity, a meaningful usability improvement over raw addresses. These features place CID in the Digital Identity and Real World Assets narrative within the Core Ecosystem, although the project is still early in its lifecycle and its market data remains thin and inconsistent across sources.

What is CORE ID used for?

The CID token is associated with the CORE ID naming and identity system on the Core Chain. Its core utility relates to the .core domain and the broader identity stack: registering, resolving, and reverse-resolving names, and associating metadata with on-chain identities. Through the Core Settlement Network concept, the system is intended to let users send digital assets using a social identity rather than a wallet address.

Because the project is in an early stage and public documentation focuses primarily on the naming and identity architecture, detailed token utility disclosures are limited. Investors should treat CID as a utility-oriented asset tied to adoption of the .core naming system and related identity services within the Core Ecosystem.

How Is the CORE ID ecosystem developing?

CORE ID sits within the wider Core Ecosystem and is closely linked to Core Chain infrastructure. Related components referenced in project materials include the .core domain, CoreID, Wall Money, and the Core Settlement Network. The Core DAO documentation describes the CORE token as having a fixed supply of 2.1 billion tokens, mirroring Bitcoin's scarcity model at 100x scale (21 million × 100), which frames the ecosystem's monetary design.

Development activity is communicated primarily through the project's website, documentation, and social channels, including X (Twitter) at https://twitter.com/CoreDaoID. A Core Chronicle video featuring Ockert Loubser demonstrated CoreID, Wall Money, and the Core Settlement Network in action. At present, publicly available ecosystem metrics such as integrations, partnerships, or active user counts are limited, and market data across trackers shows very low liquidity and inconsistent pricing, indicating that the ecosystem is still in an early phase.

How to mine CORE ID?

Available materials do not describe a mining mechanism for CORE ID. CID operates on the Core platform, an EVM-compatible layer-one blockchain, and the project's public documentation focuses on the naming system, digital identity, and settlement use cases rather than proof-of-work mining. As a result, there is no publicly documented mining process for the token in the referenced sources.

Users interested in acquiring CID should follow the standard process: research the project thoroughly, use a reputable self-custody wallet that supports the Core network, verify the official contract address before interacting with any token, and acquire the asset through supported trading venues. Always confirm network and contract details from official project channels before making transactions.

How to keep your CORE ID Coin safe?

Security begins with self-custody and verification. Since CID is issued on the Core Chain, store tokens in a wallet that supports Core network assets and always double-check the official contract address (0x000000000e1d682cc39abe9b32285fdea1255374) before sending or receiving funds. Never share private keys or seed phrases, and be alert to fake tokens using similar names or symbols.

Additional precautions are warranted given the project's risk profile. CoinMarketCap notes that the CMC team has not verified the project's circulating supply, and Bitget states that the price of this coin has not been updated or has stopped updating, that the current price has retreated -100.00% from its all-time high, and that the coin is considered high-risk. Phemex also notes that cryptocurrency prices are highly susceptible to market risk and volatility and that third-party data is presented "as is." Use hardware wallets where possible, verify all URLs and contract addresses through official channels, and treat any unverified price or supply data with caution.