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

Crypto.com (CRO)

167 Articles 11 Followers

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.

 


Get BAT at 50% off!

3 hours ago 1 minute read 0 comments scythenoz

Half a million dollars worth of Basic Attention Token (BAT) is going on 50% sale at Crypto.com's Syndicate on 18 August 2020, 06:00 UTC. BAT is also rewarded if you use the Brave Browser! With built in ad-blocking and inbuilt functionalities to tip...

What is the CRO / MCO* Visa Card?

8 Aug 2020 1 minute read 2 comments MDG

What is the CRO / MCO* Visa Card by Crypto.com? MCO* is touted as the world's first free metal crypto-linked Visa card, with up to 5% cash-back, airport lounge access, as well as other benefits and features. MCO gets its name from Monaco, rebranded a...

Crypto.com MCO to CRO mandatory conversion!!!

8 Aug 2020 1 minute read 0 comments Bronson23

Within the past couple days we've all been hit with a mandatory conversion that was set at a predetermined price.  The first night the update took place there was outrage amongst the entire crypto community but as the days passed there was some signi...

Crypto.com: Without MCO

7 Aug 2020 2 minute read 0 comments Harshvardhan

Currently, I'm waiting to get my Crypto.com Visa Meatal card. Then this news drops down by Crypto.com: MCO will no longer be native coin of CdC, CRO will. Last week for Crypto.com was roller coaster ride. They announce that MCO will be no more offic...

(Event Over) Get 50% off PAXG

6 Aug 2020 1 minute read 3 comments scythenoz

Half a million dollars worth of Pax Gold (PAXG) is going on 50% sale at Crypto.com's Syndicate on 11 August 2020, 06:00 UTC. How does the Syndicate work? The Syndicate is a fundraising platform for the most promising crypto projects to list their co...

For those that missed the Boat | CRO Stake Reduction

5 Aug 2020 5 minute read 9 comments Mynima

Introduction What a rollercoaster the past 48 hours have been over at Crypto HQ. Initially, the Crypto.com team dropped on the community that they will be phasing out the MCO token. What is means it you don't have to swap you MCO for CRO, however, th...

Bullish or Bearish: "Crypto.com Combines MCO with CRO as "One Utility Token"

4 Aug 2020 1 minute read 0 comments Kenneth Agudo

On August 4, 2020 , Crypto.com announced they will be integrating MCO functionalities with CRO (crypto.com coin) utilities and technology in what they call "one stop shop" token to allow comprehensive crypto.com ecosystem. The event was called " MCO...

New Crypto.com card tier. The best and cheap moment to get the card !

4 Aug 2020 1 minute read 0 comments CryptoWizard

After the swap now there is only the CRO as coin in the crypto.com ecosystem and now the cost for the crad is really decreased, in fact now you have to stake only 150$ for the first card, but including the 50$ bonus that you can get when you use a re...

CRO is the new MCO

4 Aug 2020 4 minute read 2 comments cryptouf

  Hello  You've probably read or seen it directly from your app when you opened it this morning. The MCO is dead… Long live the CRO! A hot little article to explain what's going on, in French for those who are a little lost. And my 1 st impressions....

MCO to CRO Swap on Crypto.com

3 Aug 2020 1 minute read 1 comment mekon

Crypto.com is now doing a swap from MCO to CRO beginning August 3, 2020.  According to their FAQ you can swap anytime from August 3rd to November 2nd, 2020. If you swap early you will get a 20% bonus in CRO but the bonus ends September 2nd. I swapped...