{"id":244732,"date":"2021-05-07T21:00:00","date_gmt":"2021-05-07T18:00:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/crypto-com-unveils-evm-blockchain-functionality-and-related-fund\/"},"modified":"2021-05-07T21:00:00","modified_gmt":"2021-05-07T18:00:00","slug":"crypto-com-unveils-evm-blockchain-functionality-and-related-fund","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/crypto-com-unveils-evm-blockchain-functionality-and-related-fund\/","title":{"rendered":"# Crypto.com unveils EVM blockchain functionality and related fund"},"content":{"rendered":"<p>&#8220;<strong># Crypto.com unveils EVM blockchain functionality and related fund  <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDUvNzFmNmVjNzktZDRmMi00NWM3LWI1NzMtZWNjOTBkZTE5YzBlLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-5a136f3a>In the coming months, Crypto.com\u2019s blockchain will let projects built on Ethereum transfer over to its ecosystem via Ethereum Virtual Machine, or EVM, compatibility. The company also unveiled a related fund to bolster interested projects.<\/p>\n<p>According to a Friday public statement from the company provided to Cointelegraph, the EVM feature goes live on the Crypto.org blockchain on July 14 of this year. \u201cEVM support will be implemented as a side-chain,\u201d the statement noted. <\/p>\n<p>Crypto.com is currently a notable entity in the crypto space, with its CRO asset <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coinmarketcap.com\/\">ranked<\/a> amid the top 50 crypto assets by market cap on CoinMarketCap as of time of publication. Crypto.com went live with its Crypto.org blockchain mainnet in March 2021. <\/p>\n<p>By bringing EVM to Crypto.org Chain, the company hopes to give its blockchain greater versatility within the larger crypto ecosystem. \u201cEVM support will allow for simple porting of <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>s from other chains, driving exponential ecosystem growth for Crypto.org, a fully decentralized, open-source, public chain with high speed and extremely low fees,\u201d Crypto.com\u2019s CEO and co-founder, Kris Marszalek, said in the public statement. <\/p>\n<p>In addition to publicizing the upcoming EVM functionality, a new source of funding for industry startups was also unveiled, the statement detailed. Called the CRO EVM Fund, it will be aimed at early-stage projects developing on the Crypto.org blockchain. The fund looks to give 100 projects significant capital to help with their endeavors, and is headed up by Particle B \u2014 a startup accelerator. Startups can receive a maximum of $1 million from the fund. <\/p>\n<p>\u201cEVM support makes it super easy to launch,\u201d Particle B\u2019s founder, Gary Or, said in the statement, adding:<\/p>\n<blockquote><p>\u201cProjects can count on us for much more than the initial funding. As a founder and CTO, I have a deep understanding of the ongoing support startups need. We will collaborate closely with our portfolio companies as we connect and build the Crypto.org Chain ecosystem together.\u201d<\/p><\/blockquote>\n<p><template data-name=\"subscription_form\" data-type=\"defi_newsletter\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/crypto-com-unveils-evm-blockchain-functionality-and-related-fund\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Crypto.com unveils EVM blockchain functionality and related fund &#8221; In the coming months, Crypto.com\u2019s blockchain will let projects built on Ethereum transfer over to its ecosystem via Ethereum Virtual Machine, or EVM, compatibility. The company also unveiled a related fund to bolster interested projects. According to a Friday public statement from the company provided&#8230;<\/p>\n","protected":false},"author":1,"featured_media":244733,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDUvNzFmNmVjNzktZDRmMi00NWM3LWI1NzMtZWNjOTBkZTE5YzBlLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74867,74894,70917],"class_list":["post-244732","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-altcoin","tag-blockchain","tag-startups"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/244732","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=244732"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/244732\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/244733"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=244732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=244732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=244732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}