10-06-2021, 03:41 AM
Why I'm BULLISH on Crypto.com's CRO token
<!-- SC_OFF --><div class="md"><p>CRO is the native coin on <a href="https://crypto.com">crypto.com</a> exchange. Disclaimer, I am a holder. </p> <p>CRO currently has the following use cases: </p> <ul> <li>Staking on their exchange to reduce fees and also pay gas.</li> <li>Supercharger in the CDC app to "mine" other tokens into your portfolio.</li> <li>A dedicated CDC DeFi wallet to earn APR on CRO and many other tokens.</li> <li> Staking for their metal debit card which gives varying cash back (per stake tier) in CRO and perks such as free Netflix, Amazon and Spotify. Also free lounge access when you fly. IMO it's one of the best deployments of any cryptocurrency card on the market right now.</li> </ul> <p>We've also seen some crazy sponsorships and partnerships coming from crypto.com this year which is really helping to bring Cryptocurrency to the masses - such as : </p> <ul> <li>Formula 1 </li> <li>FNATIC</li> <li>Philadelphia 69ers</li> <li>Lega Serie A<br/> To name but a few...<br/></li> </ul> <p>This year we will also see: </p> <p>1) <a href="https://blog.crypto.com/cronos-mainnet-launching-on-19-october/">The release of the Cronos mainet on the 19th October.</a> </p> <p>This will be monumental for the chain. To quote what it will actually bring to the table:<br/> <em>" It aims to massively scale the DeFi ecosystem, by providing developers with the ability to instantly port DApps from Ethereum and EVM-compatible chains"</em> </p> <p>Essentially, we will see development of DApps and new tokens being created similar to BNB's network.</p> <p>2) <a href="https://np.reddit.com/r/Crypto_com/comments/og8kfn/exchange_to_be_launched_in_q4_in_us_kris_ama/">US exchange in quarter 4</a>- CDC currently doesn't have a US exchange. Recently announced in an AMA, a Q4 launch was confirmed. Bringing CDC to the American market will be massive. </p> <p>I personally think that the Cronos mainnet and US exchange will strongly drive the CRO token forward and I wouldn't be surprised if we see explosive growth like the BNB token had earlier this year.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Forrell92"> /u/Forrell92 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/q23qb3/why_im_bullish_on_cryptocoms_cro_token/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/q23qb3/why_im_bullish_on_cryptocoms_cro_token/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>CRO is the native coin on <a href="https://crypto.com">crypto.com</a> exchange. Disclaimer, I am a holder. </p> <p>CRO currently has the following use cases: </p> <ul> <li>Staking on their exchange to reduce fees and also pay gas.</li> <li>Supercharger in the CDC app to "mine" other tokens into your portfolio.</li> <li>A dedicated CDC DeFi wallet to earn APR on CRO and many other tokens.</li> <li> Staking for their metal debit card which gives varying cash back (per stake tier) in CRO and perks such as free Netflix, Amazon and Spotify. Also free lounge access when you fly. IMO it's one of the best deployments of any cryptocurrency card on the market right now.</li> </ul> <p>We've also seen some crazy sponsorships and partnerships coming from crypto.com this year which is really helping to bring Cryptocurrency to the masses - such as : </p> <ul> <li>Formula 1 </li> <li>FNATIC</li> <li>Philadelphia 69ers</li> <li>Lega Serie A<br/> To name but a few...<br/></li> </ul> <p>This year we will also see: </p> <p>1) <a href="https://blog.crypto.com/cronos-mainnet-launching-on-19-october/">The release of the Cronos mainet on the 19th October.</a> </p> <p>This will be monumental for the chain. To quote what it will actually bring to the table:<br/> <em>" It aims to massively scale the DeFi ecosystem, by providing developers with the ability to instantly port DApps from Ethereum and EVM-compatible chains"</em> </p> <p>Essentially, we will see development of DApps and new tokens being created similar to BNB's network.</p> <p>2) <a href="https://np.reddit.com/r/Crypto_com/comments/og8kfn/exchange_to_be_launched_in_q4_in_us_kris_ama/">US exchange in quarter 4</a>- CDC currently doesn't have a US exchange. Recently announced in an AMA, a Q4 launch was confirmed. Bringing CDC to the American market will be massive. </p> <p>I personally think that the Cronos mainnet and US exchange will strongly drive the CRO token forward and I wouldn't be surprised if we see explosive growth like the BNB token had earlier this year.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Forrell92"> /u/Forrell92 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/q23qb3/why_im_bullish_on_cryptocoms_cro_token/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/q23qb3/why_im_bullish_on_cryptocoms_cro_token/">[comments]</a></span>Kind Regards R