I stumbled on Crypto.com (CRO) as it's one of the few coins you can purchase by swapping on Osmosis thanks to the CRO-OSMO pool.
CRO is the native token which powers the Crypto.com chain, and open-source chain which hosts (in their own words) 'the world's fastest growing crypto app' which is basically a mobile wallet with (ATW) over 10 million users that allows you to purchase ('at true cost') over 100 crypto currencies.
There are also a number of other applications such as a DEFI app which allows for swaps, and a credit card.
The chain has 100 validators and you can earn CRO by staking to one of these, at a rate of 14% ATW.
CRO has seen a steady market cap growth over the last three months, and is currently 34th by market cap ranking.
TBH I can't see anything really 'unique' about this project in itself, but the simple fact that this project has managed to bag the 'crypto.com' and 'crypto.org' domains makes it automatically appealing.
And the functionality offered in its suit of applications seems to be no worse than any other blockchain....
The token release schedule looks pretty appealing for the next 12 months or so too - firstly, all the tokens have already been minted, there are 30 BN in total, allocation split as follows:
But the icing on the cake for me RIGHT NOW is this:
A > 250% return for staking CRO with OSMO, Nice!
Given that both of these are on the uptrend, what's not to like!
To my mind, anything that has a fixed supply, a slow release, a functioning product on a killer domain name, a steady three month long upward price trend and a 250% pooling return with another token, OSMO, that's a buy!
Not sure if I'll hold it long term, but for now it's worth a punt for sure!
