What is Cronos (CRO)

【Crypto.com Brief Intro】

Our vision is for Crypto.com Chain to become: "The best way to pay and be paid in crypto, anywhere, any crypto, for free."

We strongly believe that decentralisation is an important part of building a better society for everyone and by accelerating the world’s transition to cryptocurrency we are helping the world move in this direction.

We will achieve this by building on one side, a network of cryptocurrency projects, and on the other side, focus on developing merchants’ ability to accept crypto as a form of payment.

We intend that Crypto.com Chain will be a high performing native blockchain solution, which will make the transaction flows between crypto users and merchants accepting crypto seamless, cost-efficient and secure.

【Token Distribution Split】

10% - Airdrop to MCO token holders and community development (5 year linear unlock from year 1)

30% - Secondary distribution and launch initiatives (5 year non-linear gradually decreasing unlock from year 1)

20% - Network long-term incentives (20 year linear unlock from year 6)

20% - Ecosystem grants (lock up until Mainet launch)

20% - Capital Reserve (lock up for 5 years from year 1)

Token distribution mechanisms: Secondary distribution only. No pre-sale, no public sale, and no ICO.

Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. Some of the content may be out of date, error, or omission. HTX does not take responsibility for any resulting direct or indirect losses.

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HTX reserves the right in its sole discretion to amend, revise or cancel this announcement at any time and for any reasons without prior notice. The above is for information purposes only and HTX makes no recommendations or guarantees in respect of any digital asset, product, or promotion on HTX Global. Prices of digital assets are highly volatile and trading digital assets is risky. Please read our Risk Remindertext here.