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John Tang

06 Feb 2020

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How is the value of CRO & MCO backed by assets? Eg backed by Gold or fiat or by properties?

How do you value your cryptocurrency? How do we know that this isn't a hollow valuation?

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Yvonne K

06 Feb 2020

Head of Social Media & Community at Crypto.com

CRO and MCO are not asset-backed tokens. MCO is an ERC-20 token that ties to the products on our Crypto.com App. (Crypto Earn, Crypto Credit, MCO Visa Card, Crypto Invest, etc).

CRO is currently an ERC-20 token and will migrate to Crypto.com Chain after our public mainnet launch. CRO Token ties to Crypto.com Pay (via the Crypto.com Chain) and Crypto.com Exchange products.

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