π€Why Cronos & $CRO?
Because we love $CRO!
What is Cronos?
Cronos is the first Ethereum-compatible blockchain network built on Cosmos SDK technology.
Some Numbers:
Since going live late last year, Cronos has seen Massive Growth with more than
350,000 Unique Wallet Addresses Created
over 120 DAPP projects launched
Total Value Locked of over $2.5 Billion across 44 Protocols
Ranked 9th among all Blockchains
Scalability
Cronos provides an easy to use platform to rapidly port apps from Ethereum and EVM-Compatible Chains and is cheaper and faster than Ethereum for Executing Smart Contracts. Funding - The CRO EVM Fund grants up to USD 1 Million per project User Base - Over 10 Million users already and growing constantly.
IBC
The Inter Blockchain Communications IBC Protocol enables interoperability and bridgting to the Cronos Chain and Other IBC-enabled chains such as Cosmos Hub. This is key and we believe that interoperability between chains will be very important in the near future.
Open-Source
We love anything and everything that is transparent and open-source for viewing and contributions.
You can real all this same information along with more that we couldn't copy and paste over at the official website for Cronos and some other sources linked below:
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