CRO Cronos Crypto.com Mainnet | MASSIVE for the Metaverse, DeFi and NFTs
Take a look at this 30-day price chart For cro that’s the native token for Crypto.com Over this time cro has pumped more than 100 And it’s come down a little bit off the Peak that we saw yesterday but there’s a Sense of it being unstoppable right now There’s a lot of enthusiasm behind Crypto.com and for good reason because For many people we’re anticipating one Of the most talked about events of the Year this is crypto.com kronos Blockchain mainnet launch this is Happening and is scheduled for the 8th Of november if you’re at all familiar With crypto.com you know they rolled out Their first blockchain crypto.org Earlier this year that happened in march Of 2021. okay so that begs the question Why exactly are they now coming up with A new parallel chain what does kronos Mean for crypto.org and cro token and Does any of this have anything to do With the metaverse in this video we are Talking all about crypto.com and cro We’re going to answer your questions We’ll also let you know everything that You’re gonna have to do on your end when Kronos goes live [Music] [Applause] Hey guys happy weekend my name is maddie And we are altcoin buzz a crypto
Investing research company we’ve been in This space for many years now and we’re Very proud to say that we’ve been making Millionaires since all the way back in 2017 Not by accident either we’ve been early Investors very publicly in major Successful projects like ethereum Binance cardano crypto.com the subject Of today’s video engine matic network Chili’s quant network polka dot uni swap And many Many many many other 100x projects so Guys if you don’t want to miss out on The next potential altcoin moonshot my Recommendation is that you like this Video you subscribe to our youtube Channel that’s altcoinbuzz also handy Tip click the bell to receive Notifications because that way you’re Alerted by youtube every time we publish New content and let’s face it much of The content that we produce is very time Sensitive but if you want to go to the Next level and gain access to our early Research tips on the next potential 100x Crypto then you’re gonna need to be a Part of our paid membership program that Is called altcoin buzz access that is Now live you can find a link to that Service in the description below as Always guys whether it’s cryptocurrency Or other forms of investment there is Corresponding risk that you’re going to
Want to consider so very importantly This video does not constitute financial Or investment advice okay so with that Being said let’s talk about kronos Broadly speaking then to begin with what Is kronos well it’s an ethereum virtual Machine an evm chain and will run in Parallel to the crypto.org chain so Basically it’s designed to do what Crypto.org can’t currently do and Specifically that’s the following offer Smart contracts so this means that Developers can build faster dapps on Chronos and it is capable of processing More transactions per minute it’s also Offering evm compatibility so chronos is Built to be evm compatible and that Means any dap decentralized application Or smart contract running on ethereum or Any evm compatible blockchain can be Ported to kronos instantly to enjoy Faster and cheaper transactions it’s Also reportedly going to be able to Scale defy and the dap ecosystem kronos Is also built for nfts non-fungible Tokens the metaverse specifically game Phi and web 3.0 chronos is also the First cosmos evm chain for defy nfts and The metaverse so this will establish a Much needed interoperability presence in This space which is crucially important At least in our view and you guys may be Thinking to yourselves that all of this Sounds at least somewhat like binance’s
Ecosystem that flourished after it Rolled out binance smart chain which Runs parallel to binance chain and look Guys the history is very clear we all Know what happened to the price Trajectory of bnb after this strategy Was initiated take a look here at the Last year of bnb’s performance i mean This thing just went stratospheric but You see there’s something pretty Interesting that crypto.com is doing With kronos specifically and because of That we expect to see an explosion of Activity on kronos we’re talking about The fact that the project is getting a Hundred million dollars in technical Funding as well as marketing support That crypto.com will provide to Developers on kronos which then begs the Question what exactly will chrono solve Well the biggest problem as many of us Are painfully familiar with is the fact That ethereum gas fee issues are back Again Unfortunately and this is killing the Floor price on many nfts and defy apps And because of this many dapps are Looking for faster and cheaper platforms To port to and this means that chronos Is exactly on time to grab the Opportunity to help developers port Their dapps to a cheaper faster and Scalable blockchain where users don’t Have to pay hefty gas fees so this could
Mean that you’re minting nfts at cheaper Costs or using uni swap like dexes at Much lower fees than ethereum or playing Play to earn games like axi infinity at Much cheaper costs and all of this in Theory is because chronos is using proof Of authority that’s poa which is a Greener more streamlined and scalable Consensus mechanism which is secured by Its validators it’s faster than other Consensus algorithms more scalable and Does not depend on much debatable mining Consensus that’s a clear differentiator And a major advantage okay but what Exactly can you do on chronos once it Goes live the way we see it whatever’s Being promised will be delivered we say This because the final dry run cassini The incentivized test net before mainnet Launch has been completed successfully The testnet awarded winning participants A shared prize pool of over 300 000 us Dollars in incentives and this really Stress tested the chain before the Mainnet launch with 2 million Transactions 18 000 addresses and 400 Smart contracts deployed all of which Means that chronos is ready to support The development of defy apps where you Can trade and earn passive income you Can also lend and borrow with lower gas Fees and faster transactions and it also Means that kronos is ready to facilitate The transaction of nfts with low gas
Fees and to build metaverses that can Deliver real-time experiences very Interestingly multiple projects are in The pipeline to launch on the first day Of kronos’s main net as well and talking From a user-based perspective chronos Has at its disposal the 10 million Person user base of crypto.com it’s Ready to hop right into that ecosystem Which is established which is strong and Which is growing every day if you Haven’t caught up with our latest Coverage this is now crypto.com that is The number one most downloaded app on Google play store by the way if you’d Like to become a validator on kronos’s Mainnet you should check out this link After the mainnet is launched on the 8th Of november kronos will provide users a Decentralized bridge for secure cross Chain transfers across crypto.com kronos And ethereum and some of the available Bridging routes on chronos on day one Will be number one transfer assets using Crypto.com app number two transfer Assets using crypto.com exchange number Three transfer assets from crypto.org Chain with chronos bridge later on They’re gonna add options for crypto.com Defy wallet and crypto.com chain desktop Wallet as well and the bridge will Support c-r-o-e-t-h-w-b-tc Usdc usdt die and all of that is Starting on day one this also translates
Into much more utility for cro the Native gas token for kronos is cro and That means with more applications Building on kronos the cost of cro will Likely skyrocket but to be honest this Is not going to be a short-term pump It’s going to be more of a long-term Upward price trajectory leading to Higher and more sustained gains in the Medium to long term so what comes next After kronos’s main net well by the end Of december this year that’s december 2021 possibly january 2022 More cosmos based chains and assets will Be connected to kronos which means Higher interoperability also during the Same time period kronos gravity bridge Which will bridge ethereum to kronos Will be delivered ultimately here’s our Final take regardless of any small Delays that we may have seen so far Crypto.com is performing ground-breaking Research and it’s building itself up Phase by phase to get better and better And better and the ecosystem and its Quality are reflecting that crypto.com Has also been through a couple of rodeos Already in terms of rollouts and we Expect as per the indications that we’ve Discussed in today’s video that this Rollout will be delivered very smoothly And will be delivered on time and this Means all kinds of exciting new Possibilities for defy and nfts and the
Metaverse in the context of that Crypto.com and chronos ecosystem we are Big fans of crypto.com and cro and you Know we haven’t mentioned it in a while But if you do want to avail yourself of A crypto.com cro visa card you can check Out our link in the description below if You sign up using our link it is very Simply a b you get 25 bucks loaded onto Your card for free we get 25 bucks as a Reward and the ecosystem continues to Grow everybody wins guys if you enjoyed This video be sure to like subscribe Share hit the bell to receive Notifications once again information About our paid premium service where you Can get early tips on the next hottest Crypto it is called altcoin buzz access Information about that can be found in The description below all the best of Luck if you do choose to invest although This video is not financial advice check Out these other videos which should be Popping up right about now stay safe Members of the altcoin buzz army have a Great weekend as always we do hope to See you again soon in the next video Take care You