What is Crypto.com? Cro tokenomics explained

👉 What is Crypto.com? Crypto.com is a complete crypto -related store founded in 2016. While at Crypto.com, you can participate in various forms of crypto negotiation, loan, staking, payments, and NFT negotiation, among other activities. However, what Crypto.com is most famous is probably your Visa debit card, which allows you to spend your cryptocurrency as ordinary money. In addition, it also rewards cashback benefits and access to subscription services such as Spotify and Amazon Prime to its users. Crypto.com operates two separate chains within your ecosystem. The Crypto.org chain and the Cronos chain, which operate differently. 👉 What is the token CRO? CRO is Crypto.com's native token. Initially, there were 100 billion CRO tokens, which started as a token ERC-20 in the Blockchain Ethereum. However, in March 2021, Crypto.com got its own blockchains, the Crypto.org chain and the Cronos chain. When this happened, Crypto.com burned 70 billion CRO tokens of its remaining 76 billion total supply - with the other 24 billion being bought by early investors. It did some things. First, he gave those lucky enough to have bought a big boost in the return on investment, but also decentralized the CRO token. This is because, of the remaining 6 billion from Crypto.com, 5 billion were blocked to act as rewards for network validators, and the last 1 billion was reserved for network development. Time Markers ⏳ 00:00 Introduction 00:43 What is Crypto.com? 00:59 How does CRO work? 2:20 Intelligent contracts at Crypto.com 5:28 Tokenomics from CRO 6:34 Conclusion #CRO #CryPTodotcom