ChainCatcher report: Ryan Wyatt, CEO of Cronos, posted on X that this week the team will announce the eligibility criteria for its network token launch platform to list on Crypto.com. The Cronos app will launch in 10 days, and the proposed tokenomics plan allocates 100% of app revenue to repurchasing and burning CRO.
Cronos App to Launch in 10 Days, Plans to Use 100% of Revenue for CRO Buybacks
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Summary
Cronos app token launch news breaks as CEO Ryan Wyatt announced on X that the team will reveal eligibility rules for its token launch platform on Crypto.com this week. The app is set to launch in 10 days, with a model that directs 100% of app revenue to CRO buybacks. On-chain data shows the project is focusing on token economics to drive value.
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