Cryptocean

Cryptocean

CRON
$0.059190257

Key Metrics

Price$0.059190257
Real Volume (24H)$0
Marketcap$485,304
Fully Diluted ValuationN/A
ATH$3.03
ATH Date8/18/2019, 3:54:19 PM
ATL$0.00087471
ATL Date11/12/2019, 1:49:27 PM
Circulating SupplyN/A
Total Supply100M
WebsiteN/A
WhitepaperN/A
Popularity Rank2677
Chart
What is Cryptocean?

Cryptocean (CRON) is a decentralized blockchain-based platform that aims to provide financial and technological services to users in the crypto space. With a focus on making payments with cryptocurrency for goods and services, transferring crypto assets and multiple currencies, and exchanging crypto within the real-world economy, Cryptocean seeks to solve the problems of the current blockchain technology.

One of the major features of the Cryptocean platform is its escrow service, which allows two parties to get involved in a transaction and have a third party act as an agent to hold the asset until both parties fulfill their contract. This helps to reduce the risk involved in trading crypto assets and increases the possibility of consumers accepting crypto payments.

In addition, Cryptocean has launched plastic cards that allow users to trade, exchange, and convert crypto into real-world currency. According to the whitepaper, the platform aims to develop an ecosystem that meets the basic needs of people and businesses and offers high-quality financial services relating to the crypto space. The platform offers a profitable commission for conducting and processing payments, legal transactions complying with know your customer (KYC), anti-money laundering (AML), high liquidity, and a transparent business model.

The utility token of the Cryptocean platform is CRON, which offers several benefits to its holders. Token holders receive discounts when they pay commissions for the platform services like Cryptocean wallet for instant transfers, plastic cards, and trading crypto through credit or debit cards. Additionally, CRON holders can use the token to make payments within the platform, and they can trade tokens on the Cryptocean exchange with profit.

To increase the value of the token, the platform plans to burn 50% of the tokens collected for internal services every month. Burning means that a fraction of tokens is sent to a wallet with no private key, which means the tokens get lost forever. Such a situation reduces the availability of tokens and increases the market value, benefiting token holders.

The maximum total supply of the Cryptocean platform is 100,000,000 CRON. The platform was founded by Yury Myshinskiy, the CEO, on September 25, 2018.

In summary, Cryptocean (CRON) is a decentralized blockchain-based platform that offers financial and technological services to users in the crypto space. With its focus on making payments with cryptocurrency for goods and services, transferring crypto assets and multiple currencies, and exchanging crypto within the real-world economy, Cryptocean aims to provide a secure and transparent financial ecosystem for its users. The platform's escrow service, plastic cards, and commission rewards for CRON holders are some of the features that make it an attractive option for crypto enthusiasts.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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