Some decisions sit with you for a long time before you find the right way to say them out loud. This is one of them.
This is a message we never imagined we would have to write. But it’s the one we owe to our community, our supporters, and to ourselves as builders who poured everything into this idea.

After years of building, pitching, and believing, we’ve made the difficult decision to officially suspend the Coreto project.

The Vision We Fought For

Coreto was never meant to be just another analytics tool or vanity scoring system. It was a vision for a cross-platform reputation layer. One that could help users carry their credibility across ecosystems, while enabling platforms to better understand, onboard, and reward their communities.

We believed that in Web3, trust should be earned through actions, not artificial hype.

Our DRS framework wasn’t meant to stop at wallet analysis. We wanted to bridge the gap between on-chain data and off-chain behavioral insights, including activity that is often locked within dApps and never publicly visible. That’s what made Coreto different, what made the work both more complex and, at times, less “VC-friendly.”

The Bitter Reality Behind the Curtain

Over the past year, we’ve had countless calls with protocols, dApps, and investors. The feedback was always enthusiastic:

“What you’re building is exactly what the industry needs!”
“Your framework makes perfect sense!”
“We could really benefit from this kind of insight!”

But when it came to actual integration, when we asked partners to expose real metrics about their user activity, their enthusiasm turned into hesitation. What gets marketed and what actually happens on-chain don’t always match. And that’s where true decentralized reputation still meets resistance.

Without integrations at scale, traction became difficult.
Without traction, revenue remained out of reach.
And without revenue or investment, our only real support came from grants.

The Final Blow: Open Campus

Our final hope was the Open Campus OC-X Grant Program.

After several screening rounds, we were accepted into the 6-week program alongside eight other teams. We committed fully by reshaping our business model, changing our roadmap entirely, and realigning our messaging to fit their ecosystem needs.

We were aiming for a grant of nearly $100k, enough to extend our runway, expand into their ecosystem, and continue pushing the boundaries of what Coreto DRS could be.

Unfortunately, that opportunity disappeared almost overnight. The grant program was abruptly canceled mid-cohort, with vague public communication and no real follow-up to all of the teams involved. That decision, and the way it was handled, was devastating. It left us with no clear path forward. That experience became the final signal that we couldn’t keep going under current conditions.

So What Happens Now?

We’re putting Coreto on pause, not abandoning it.

  • The platform will remain operational for 45 days, allowing users to withdraw any remaining COR tokens from their accounts. If you encounter any issues with that, you can reach us at [email protected]
  • We performed an on-chain snapshot of all COR holders. If and when Coreto is revived in the future, we intend to reward the people who believed and stood by us through this difficult journey.

The code, the platform, the algorithmic foundations, all of it will remain intact. Just… on the shelf. Waiting for a better time.

What We Learned

Building in Web3 can sometimes feel like climbing a mountain barefoot… while being asked for traction metrics halfway up.

But through all the friction, we met people who gave us hope: developers who resonated with our vision, users who engaged with integrity, and people who, like us, think Web3 deserves better than empty numbers and hype cycles.

To everyone who stood with us, Thank You!
For your trust. Your feedback. Your belief.
You’ve made this journey worth it, even without the outcome we aimed for.

We don’t know exactly when, but we do know why we’ll return. Because the problem Coreto set out to solve still exists. The need for merit-based, decentralized, cross-platform reputation hasn’t gone away.
So for now, we pause.

Vlad.

Vlad Faraon
Co-Founder/ CBO

Constantly “feeding my hunger” for doing good and help others reach a better version of themselves.