Cronos

What is Cronos?

Cronos Chain is a product in the lineup of solutions designed to accelerate the global adoption of cryptocurrencies as a means of increasing personal control over money, protecting user data and protecting users' identities.
The reach of the CRO platform will be expanded in the future to power other products as well.
The CRO went live late in the year.

Who is the originator of Cronos?
Cronos was launched by the company as part of their plan to put cryptocurrencies in every wallet.
Kris Marszalek founded and headed three companies before starting his own company: consumer electronics design and manufacturing business Starline Polska, location-based service mobile app and platform YIYI and the e-commerce firm BEE.
He obtained his bachelor's degree in engineering from the PUC-Rio.
Gary Or has nine years of fullstack engineering experience. Or co-founded the mobile app development firm Foris and worked as platform architect at Ensogo.
Bobby Bao worked in the M&A department of the China Renaissance investment bank.

Cronos is unique.
The users of the payment, trading and financial services solutions are the main focus of CRO.
CRO owners can earn fees for processing transactions on the network if they stake their coins on the chain.
Users can get up to 20% back by paying merchants in CRO and up to 10% back by purchasing gift cards and peer-to-peer transfers, all within the framework of the Crypto.com Pay payments app.
When it comes to trading use cases, users can earn token rewards for certain listings.
Users can earn annual interest of up to 12% on their Coins by using either the Crypto.com Exchange app or the metal Visa Card.
The drive to increase the adoption of cryptocurrencies on a global scale is powered by CRO.
Cronos chain
Cronos Chain was recently launched to run on the same platform as Crypto.org. This is similar to other EVM-compatible chains. Cronos Chain's mainnet is built using a proof-of-authority (PoA) consensus mechanism.
In less than 3 months, total value locked has grown to over US$2 billion, despite the recent launch. The Particle B $100M CRO EVM fund could be to blame, as it incentivizes developers to build on Cronos.
Cronos have an expanded utility.

Cronos Chain is an EVM compatible sidechain.


Cronos Chain is one of the largest EVM-compatible chains with a total value locked at over $800 million.


Cronos Chain will see CRO Utility advance further.
Cronos Chain has made a number of achievements in the first and second quarters of the year.
The fourth round of the Cronos grant was announced in August.


There are contributions to the CRO.
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70 billion CRO token were permanently removed from circulation after a big token burn.
There are pages related to this.
Two popular token designed to power and incentivize the use of their parent platforms are BNB and HT.
CMC Alexandria has an educational portal.

How many Cronos are in circulation?
The total supply of CRO is limited to 30 billion coins, all of which were created when the system went live.
There will be five different purposes for the total supply of CRO.


Secondary distribution and launch incentives are released in batches on a daily basis for five years. The capital reserve is frozen until Nov. 7, 2022. The grants are frozen until the launch of the Chain Mainnet. 10% is community development.

How is the coin network secured?
According to the ERC-20 compatibility standard, the network is secured by the Ethash function.

Where can I buy Cronos?
Some of the exchanges where CRO coins are available are:


Bittrex is a drug. OKEx Huobi Global