In this tag, read Crypto.com (CRO) & (MCO) news, price predictions, opinions and analyses created by users.

Crypto.com (CRO)

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Payments and cryptocurrency platform Crypto.com’s token (CRO) is an initiative by the company to facilitate a transaction system that connects merchants and users, with the intention of making retail payments seamless and inexpensive. Founded in June 2016 by Kris Marszalek, the platform’s ICO raised $26.7 million for its MCO token in an ICO held in Q2 2017.

Crypto.com actually has two tokens: the MCO token and the Chain (CRO) token, the latter being the token for the platform’s very own blockchain. Initially starting off by offering a wallet, a mobile app and a prepaid Visa card, Crypto.com has since moved to offering its own crypto that ties in with its products and services. Its Visa card is one of its more touted features, letting users buy prepaid visa cards with fiat currency and letting them use it at merchants that accept Visa. It includes offers such as receiving up to 5% cashback in the form of MCO tokens.

However, its CRO token is a better indicator of Crypto.com’s larger business strategy. The utility of the token comes in the form of it enabling cross-asset currency settlement, settling blockchain transaction fees, rewarding nodes for participating in the network and offering services with lower fees when used.

Crypto.com’s Chain is a native blockchain solution that the team is bringing for more seamless payment. The whitepaper reveals that the team believes that no transaction fees for merchants and strong promotional offers, among other things, will help develop their ecosystem. Offline merchant acquisition and a gradually increasing degree of decentralization are two key priorities.

 


The redeeming of Crypto.com - UNI and DOT

8 hours ago 2 minute read 1 comment Heruvim78

I am still sorely disappointing with CryptoCom latest behavior, as they drastically reduced the staking rewards with no prior warning. They increased them a bit after everyone complained about it, but the trust in their product is gone, as this is th...

Crypto EASY earnings

9 hours ago 1 minute read 0 comments CryptoAuthor

  1. Coinbase - earn to learn 59$ in COMP (link: https://coinbase.com/earn/comp/invite/twvj7q2r) It's really simple! Watch videos and answer simple questions to earn 59$ COMP you can exchange to BTC or USDT 6$ in CELO 6$ in MKR 2. Bina...

Crypto.com to Increase Crypto Debit Card Prices by 150% in November

27 Oct 2020 1 minute read 1 comment CryptoDrip

On October 11th, Crypto.com announced a major cut to their referral rewards that will take effect on November 1st. (See my article on the announcement for details.) On the morning of October 23rd, perhaps in a bid to increase demand for their native...

Rant #23: I Don't Recommend Wells Fargo

25 Oct 2020 1 minute read 0 comments zpaul_2020blu

Was reading an excellent article in the Publish0x news section about how more banks & companies are incorporating crypto. Among those companies was Wells Fargo. I can't emphasize the following enough: Do Not Bank With Wells Fargo. Do NOT STORE YOUR C...

Looking for a job in the crypto-world? Crypto.com has more than 70 open positions.

25 Oct 2020 4 minute read 0 comments Permabull

Have been lurking about at Crypto.com a bit and found quite a few vacant positions:   Hong Kong Account Manager (E-Commerce, Europe) Department: Partnerships Application Security Developer (RUST / JAVA) Department: Security Application Secu...

Crypto.com le carte costeranno di più.

24 Oct 2020 1 minute read 0 comments dexpartacus

Le carte di crypto.com richiederanno più cro a partire dal 2 novembre. Payid il nuovo servizio che anche crypto.com offrirà ai suoi clienti,che migliora l'esperienza d'uso durante i pagamenti. Inoltre vi presento 2 eventi live ai quali volendo si pu...

Crypto.com Revised Card Staking Tiers

24 Oct 2020 2 minute read 0 comments scythenoz

ICYMI, Crypto.com (CDC) is looking to increase their card staking tiers effective 2 November 2020, 07:00 UTC. This come hot in the tails of the AMA ran earlier this week. You can catch the AMA highlights in my post here. What are the Changes? With...

How To Bank With Crypto

23 Oct 2020 3 minute read 0 comments CryptoFTB

                                             Overview 1. How Millionaires and Billionaires Bank 2. Traditional Banking vs. Crypto Banking 3. Guide To Banking W/ Crypto Using Nexo (This article is targeted for beginners.)                       1. How...

CRO token value going down

22 Oct 2020 1 minute read 1 comment Bala

It's been nearly a month since I invested in CRO tokens. I have been watching the price since then. It is quite sad now to see the price slowly going down. The coin team recently reduced the incentive they give for referrals. It used to be 50$ for an...

How I Hope Crypto.com's October 2020 AMA Could Have Went

22 Oct 2020 5 minute read 5 comments scythenoz

ICYMI, Crypto.com's (CDC) Kris Marszalek ran an AMA to address the recent reduction of CRO interest rates suddenly. You can watch it here below. Key Highlights from the AMA Last week was more eventful than CDC wished for. Heard the message clear th...