Crypto.com with bold new plans for his blockchain

The Crypto.com blockchain crpo suggests 70 billion cro tokens that were previously burned to reintroduce in 2021, which would increase the overall offer to 100 billion Cro.

This Decision is part of a larger strategy that provides for the creation of a “strategic reserve wallet” for these tokens with the aim of gradually releasing it over five years.

The decision to revive the burned tokens is related to the ambitions of Crypto.com, an exchange -traded fund (ETF) for CRO. This step is expected to use the growing institutional interest in the crypto world.

The original combustion in 2021 was an important event in the industry in which the CRO-In offer from 100 billion to 30 billion tokens was reduced to promote decentralization and to support the development of the Mainnet of Cronos.

However, this proposal encounters violent counter -reactions within the community. Many critics argue that such a step could undermine the progress in decentralization and describe it as a step backwards for the project.

Since its introduction as Monaco Coin (MCO), which was originally bound to the MCO Visa Card, the Cro-token has significantly further developed. After a rebranding in 2021, he became a native token of the cronos chain, a blockchain that was developed with the Cosmos SDK.

In addition to the start of the Minnette, the cronos developers also work on a ZKEVM layer 2 solution that enables integration with Ethereum and further increases the range in the crypto ecosystem.