- Cronos will launch its mainnet soon.
- Cronos bag over $100 million to support its network developers
Cronos, the EVM compatible chain running in parallel to the Crypto.org Chain is now a few days away from introducing its own mainnet. In detail, Cronos network will launch its mainnet in the next five days. This announcement was released in the official Twitter page of the Cronos network.
Read CRYPTONEWSLAND on
google news
The blockchain upgrade of Cronos will bring many improvements to the network. It will become the first Cosmos EVM chain for DeFi, NFT’s, and Metaverse. Furthermore, the upgrade also allows the network to have instant DApp portability. Truly, this upgrade brings joy to all the developers and users of both Cronos and Crypto.com (CRO) network.
In terms of budget, the network announced that they have a money bag amounting to $100 million to support developers building on the Cronos platform. Through this, we can say that it is only a matter of time before Cronos might introduce new technology to the crypto world.
At the time of writing, CRO, the partner of the Cronos network, continues to be one of the top 50 crypto assets in CoinGecko. It has a trading price amounting to $0.23 with a market cap of over $6 billion. Indeed, these achievements that CRO and Cronos made in the crypto world make the whole crypto space celebrate and proud.
Related News
disclaimer read moreCrypto News Land (cryptonewsland.com) , also abbreviated as “CNL”, is an independent media entity — we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.
