The Coreum (CORE token) blockchain is being created by the Sologenic (SOLO) team to expand their DEX functionality. The Sologenic DEX is aiming to tokenize stocks, ETFs, and other traditional investments while also providing various blockchain interoperability.
Learn more at these links:
https://www.coreum.com/
I made a blog post about Coreum too: https://www.publish0x.com/crypto-jbro/coreum-core-blockchain-explained-xppgglp
Learn about CORE airdrops: https://sologenic.medium.com/
Buy SOLO at these markets: https://coinmarketcap.com/currencies/sologenic/markets/
Coreum consensus and interoperability framework: https://tendermint.com/
Their smart contracts will run on this: https://webassembly.org/
The SOLO coin lives on the XRP ledger and it will stay there. The DEX team needed more functions such as tokenization, smart contracts, and interoperability, so they decided to build their own blockchain from the ground up.
CORE tokens will only be airdropped to SOLO holders. There will be no initial coin offering nor token sale. The total supply will only be 500 million.
I am not a financial advisor and this is not financial advice. It is for information only. Do your own research before investing.