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Topic: CRYPTO.COM CHAIN (Read 99 times)

legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
August 24, 2019, 06:16:19 AM
#3
I have no idea what crypto.com chain was until I read it here. I thought for a while that they're the same with MCO. They are looking like one of the many projects that will be challenging Ethereum blockchain,

The MCO Monaco VISA card team (now called crypto.com) are the same team behind crypto.com chain
sr. member
Activity: 882
Merit: 301
August 24, 2019, 05:52:00 AM
#2
I have no idea what crypto.com chain was until I read it here. I thought for a while that they're the same with MCO. They are looking like one of the many projects that will be challenging Ethereum blockchain,

What is it exactly that has made crypto.com chain so big?
Big promises of course and maybe they were able to deliver some of them that's why it is still well within top-50.

Quote
What will happen to it when the hype fades?
Your guess is as good as mine.
legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
August 23, 2019, 06:50:29 PM
#1
https://crypto.com/en/token.html#page-token-cro

https://coinmarketcap.com/currencies/crypto-com-chain/

On 12th July 2019 (according to CMC graph) it had a market capital of $826 million with 24 hour volumes of nearly $14 million trading at $0.104 each

As of today it has a market capital of $400 million with 24 hour volumes at $8 million trading at $0.043 each. It has a total supply of 100,000,000,000 CRO but with only 9,226,027,397 CRO in circulation.

The MCO Monaco Card was not a smooth start. It took their "team" many months just to get going in one jurisdiction - Singapore. I was never a fan of the then Monaco "team" and took no notice of what they were doing for many months but while on CMC I saw the crypto.com chain and decided to look in to MCO again to find out what was going on.

MCO has a market capital of $55 million and its chain has overtaken it by a significant margin: https://coinmarketcap.com/currencies/crypto-com/

What is it exactly that has made crypto.com chain so big? What will happen to it when the hype fades?
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