{"id":211031,"date":"2021-03-26T00:00:00","date_gmt":"2021-03-25T21:00:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/crypto-com-launches-cro-token-mainnet\/"},"modified":"2021-03-26T00:00:00","modified_gmt":"2021-03-25T21:00:00","slug":"crypto-com-launches-cro-token-mainnet","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/crypto-com-launches-cro-token-mainnet\/","title":{"rendered":"# Crypto.com launches CRO token mainnet"},"content":{"rendered":"

“# Crypto.com launches CRO token mainnet <\/strong>”
\n<\/p>\n

Cryptocurrency exchange Crypto.com has launched a fully decentralized open-source public blockchain, the Crypto.org Chain.<\/p>\n

In an announcement today, the crypto exchange said<\/a> it had launched its Crypto.org public blockchain after more than two years of research and development, two testnets, and a mainnet dry run with 275 million transactions reportedly processed within a month. The blockchain\u2019s native token will be the Crypto.org Coin (CRO). <\/p>\n

Last month, Crypto.org burned more than 70 billion CRO \u2014 roughly $10 billion at the time \u2014 in advance of the mainnet launch. The new chain has already processed more than 7,000 transactions at the time of publication, which Crypto.com said<\/a> was aimed at \u201cpayments, DeFi and NFTs.\u201d<\/p>\n

\u201cDecentralization matters,\u201d said<\/a> Crypto.com CEO Kris Marszalek. \u201cToday, you are faced with bad options. You can use Blockchain A and pay high fees in a slow, congested, but decentralized environment. OR, you can use Blockchain B, fast, low cost, but known to be completely centralized.\u201d<\/p>\n

With more than 10 million users, the crypto exchange has made significant offerings this month with the launch of a nonfungible token, or NFT, platform with exclusive content from artists. In addition, the firm recently joined the Visa network to expand the reach of its crypto credit card.<\/p>\n