Cronos (CRO)

What is Cronos (CRO)?

Founded in 2016, Cronos formerly Crypto.com Coin was created with the aim to fast-track the world’s shift to cryptocurrency. They have an inventory of key products that are important to the project. These products consist of: the Crypto.com Wallet & Card App which is a place to buy and sell crypto, the MCO Visa Card, a metal card with no annual fees, and the Cronos Chain, which seemingly facilitates users to pay and be paid in crypto anywhere around the world free of charge. Their headquarters are located in Hong Kong with a team size of over 120 people.

CRO is the token native to the Cronos Chain. The chain was initially made with the idea of building a network of cryptocurrency projects and enhance merchants’ ability to accept crypto as a form of payment, which has been a major hurdle for those seeking wider cryptocurrency adoption. Cronos Chain (CRC-20) has been described by the project as a “high performing native blockchain solution, which will make the transaction flows between crypto users and merchants accepting crypto seamless, cost-efficient and secure”. There is the potential for Businesses to use Crypto.com pay Checkout and/or Invoice to allow customers to complete checkout and pay for goods and services with cryptocurrencies using the Crypto.com Wallet App. Businesses would receive every single one of their payments within an instant in CRO or stable coins, or in fiat currencies.

Team

The Crypto.com team consists of experienced management individuals who have a host of skills and experience in the technology, finance and wider cryptocurrency industry. With this experience and skill set, they have been able to create a project with huge application in the world of e-commerce as well as countless business applications.

Kris Marszalek (Co-Founder & CEO) – Kris Marszalek is the Co-Founder and CEO of Crypto.com and is a veteran company builder who has a passion for working in teams on consumer products.

Rafael Melo, CPA (Co-Founder & CFO) – With over 15 years’ experience in Finance, risk and compliance and Mobile payments ecosystem in Asia, Rafael Melo serves as CFO of Crypto.com.

Gary Or (Co-Founder & CTO) – With a background in Product Design, Hacker, Entrepreneur and 9 years of full stack engineering experience, Gary Or serves as a Co-Founder and CTO of Crypto.com. He also has a strong interest in Machine Learning and AI. Gary Or also had past experience as a platform Architect at Ensogo and CTO at EventXTRA, which is a technology company incorporated in Hong Kong and offers corporate event management software.

Bobby Bao (Co-Founder & Head of Corporate Development) – Bobby Bao is a Co-Founder of Crypto.com while also serving as its Head of Corporate Development. He worked on some of the most high-profile transactions as a part of the M&A Team, including the merger between Didi & Kuaidi. Bobby has deep connections within the blockchain industry in the Asia region.

Roadmap

2016
June- Crypto.com was founded

2017
February- Crypto.com was accepted into the Hong Kong Cyberport Incubation Program.

2018
May- The team at Crypto.com reached 100 members in size
July- The project acquired the domain name Crypto.com

2019
April- The team size at Crypto.com reached 200 team members.
September- Achieved the 1-million-user milestone Achieved PCI:DSS 3.2.1 (Level 1) Certification and Level 3 compliance with the Cryptocurrency Security Standard (CCSS)

2020
January- Announced Crypto.com Private Program
March- The team reached 300 members for team size and launched Crypto.com Private membership program.
April- Published research with The Economist Intelligence Unit
May- Achieved 2 million user milestone
June- Achieved the ISO/IEC 27701:2019 Certification (as the first cryptocurrency company in the world to achieve this status)
July- 3 million users are using Crypto.com

Where to store Cronos (CRO)

Leading hardware wallet providers Trezor and Ledger are integrated with Cronos and CRO wallets will come as standard on their devices. Trust wallet is a wallet that can hold a wide variety of cryptocurrencies such as Cronos making it highly desirable for users who wish to have a varied portfolio. Being owned Binance, it also a very trusted wallet in the crypto community.

Where to Buy and Sell Cronos (CRO)

You can Buy & Sell Cronos (CRO) here at BC Bitcoin. You can Buy CRO by heading over to the Buy Coins page of our website. CRO is available on BC Bitcoin trading against major fiat currencies: GBP and EUR. Buying CRO has never been easier, simply place your order and provide your wallet address. Once your payment arrives, CRO will be sent directly to your wallet.

If you choose to Sell Cronos (CRO), you can send us the coins and receive a payment to your bank account. Details and a live valuation can be found on the Sell Coins page.

Cronos (CRO) Resources

Website: https://crypto.com/
Block Explorer: https://etherscan.io/
Github: https://github.com/crypto-com
Twitter: https://twitter.com/cryptocom

Disclaimer: The information provided in this article is intended for informational purposes only. It is the readers responsibility to complete their own research and due diligence.