Core Ignition Drop Claiming Guide

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 The Core Ignition Drop, which started the rewards claim on June 10, 2024, allows Coretoshis (Core Community) to unlock incentives for their contributions and engagement in the Core Blockchain. The Incentives claimed by the participating community are based on their activities up from the day they join the program until the snapshot is taken. In this article, I will discuss how to participate in the Core Ignition Drop, its benefits, and more. What is Core Ignition? Core ignition is an incentive program developed by the Core Foundation to jumpstart the growth of the DeFi ecosystem on Core Blockchain, the program started on March 11th, 2024, and will continue for six months, providing ample time for users to participate and reap the benefits, rewarding the community for their contributions to the network. By participating, users can earn rewards while simultaneously helping to fuel the growth and adoption of the Core ecosystem. The Core Ignition Program is for both ecosystem users and We
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Remitano mainnet launch expected in September, mandatory KYC verification for holders

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Renec

Remitano a cryptocurrency exchange platform has announced a requirement for its RENEC-mined token transfer to the MainNet.
For the RENEC miners to be eligible to transfer their mined RENEC from the wallet to the main net, holders are mandatory to complete Know Your Customer (KYC) level 2 verification.

The announcement stated that this is necessary to ensure the transparency of the Remitano Network Blockchain when the main net launches.

The Remitano MainNet launching is expected to happen by the end of September 2022 after the RENEC mining period was extended by three months earlier on July 1.

This KYC level 2 verification is applied to those who earn RENEC through the source listed below:
  • RENEC earn from your solo mining power or airdrops from remitano's marketing programs
  • RENEC earn from the RENEC ambassador program: eligible to transfer to the main net when the downlines, from whom you receive RENEC commission, have finished KYC level 2 verification. At the same time, you also have to finish KYC level 2 verification either.
  • RENEC earn from rewards when there is a downline who finishes KYC level 2 verification: eligible to transfer to the main net when you have finished KYC level 2 verification.
  • RENEC rewards when you register an account via any referral link.
Also, completing the KYC level 2 verification requires the holders to use any of the following documents:
1. International Passport
2. Driver's license 
3. National ID Card
4. Voter's Card

After the main net is launched, the holders will be able to see the eligible/ineligible RENEC sources that are transferable to the main net. For a smooth transition, holders are advised to complete the KYC and also encourage their downlines to do the same.

According to the announcement, the ability to transfer RENEC to the main net remitano network Blockchain indicates holders can transfer RENEC from the Remitano wallet to other crypto wallets, stake and use for RENEC to pay for transactions on the Remitano Network Blockchain.


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