Hey Guys,
Another fan favourite video is on the tube…
That is for Crypto.com!
This company has been in the news a lot these days, but hasn't it always? I don't think there's a more recognizable crypto company out there, and the attention has been turned up to ten with the CRO coin hitting new all time highs. Today's video explains why.
Besides the global reach of the Crypto.com brand, Crypto.com launched its Crypto.org chain a few months back with CRO as its own native coin. More recently, the Cronos side chain was launched, introducing smart contract functionality to the Crypto.com ecosystem.
CRO also has radically different tokenomics than other exchange tokens like BNB. There was no ICO or presale, and although 100% of its supply was initially held by Crypto.com, most of their holdings were burned back in February. This along with the launch of the two blockchains seems to have made CRO decentralized enough to list on Coinbase.
Not surprisingly, CRO spiked when Coinbase listed it, but this pump had been building up for weeks, driven primarily by bullish announcements related to Crypto.com. The most recent of these was the renaming of the Staples Center to the Crypto.com center, something which I covered in yesterday's weekly newsflash.
Crypto.org and the Cronos side chain have a bunch of milestones that could send CRO even higher too. Highlights include additional smart contract functionality, cross chain bridges, and a new blockchain explorer for Cronos.
This is really just the tip of the iceberg when it comes to what's been going on with Crypto.com and CRO. You'll have to watch til the end to get the full story, and believe me, it's one you don't want to miss!
Enjoy!
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⛓️ 🔗 Useful Links 🔗 ⛓️
► Crypto.com Updated Whitepaper: https://crypto.com/images/crypto_com_…
► Crypto.org Chain Architecture: https://crypto.org/docs/chain-details…
► Cronos Side Chain Architecture: https://cronos.crypto.org/docs/chain-…
► CRO Burn: https://blog.crypto.com/70-billion-cr…
► Particle B CRO EVM Fund: https://blog.crypto.com/particle-b-ac…
► Crypto.org Chain Roadmap: https://blog.crypto.com/crypto-org-ch…
► Cronos Side Chain Medium/Roadmap: https://medium.com/@cronos_team
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
