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Coin: CRONOS (CRO)
Cronos (CRO) is the official blockchain of the Crypto.com exchange established in 2016.
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Cronos is the official blockchain of the Crypto.com exchange. The energy-efficient layer 1 blockchain boasts Ethereum Virtual Machine (EVM) compatibility and cross-chain interoperability. Cronos was built using the Cosmos SDK supporting the Inter-blockchain communications (IBC) protocol, which provides cutting-edge security and ease of development for creators building on the network. The developers on Cronos are further incentivised to create using the technology with the support of Cronos Labs, a 100 million Web3 start-up accelerator and ecosystem development fund.
Cronos can provide the infrastructure needed to facilitate a web3 economy of the future, particularly in areas such as DeFi, GameFi, and Metaverse applications. Security and privacy are of paramount importance for users of the Cronos blockchain; Cronos provides complete self-custody to users on its chain. Cronos’ impressive technology, coupled with its unique connection to the Crypto.com exchange and incentives, provide the CRO token with an incredibly high-value proposition. Coverage of Cronos is brought to you by Platypus Terminal.
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