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CRO coin looking to be a major player in the industry - MarketDraft BlogMarketDraft Blog CRO coin looking to be a major player in the industry - MarketDraft Blog

CRO coin looking to be a major player in the industry

Crypto.Com’s “CRO” coin is looking to be a premier cryptocurrency by effectively eliminating the middleman and the slice they take out of your pie. Web 3.0 is the new type of decentralized finance app, especially in the payments and staking arena. It essentially means that there is no middleman taking fees for financial transactions. Web 3.0 apps like Cronos leverage blockchain technology to bring verifiable, trustless, self-governing, permissionless, distributed and robust technology to apps. On Feb. 18, 2022, “Crypto.org Coin” was renamed to Cronos and the “CRO” symbol. It hopes this rebranding reflects the decentralization of the coin and the “tremendous growth of Cronos ecosystem.” They say this recognizes the utilization of Web3 by hundreds of millions of users. The huge growth in CRO blockchain can be seen in the upward trend in unique addresses (i.e., digital wallets) that use Cronos in various transactions.


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