Cryptocurrency ecosystems are on the rise and some of them will provide users with new possibilities while reducing the number of steps required to trade and interact with blockchains. Both the Parody Coin (PARO) and Cronos (CRO) are creating virtual ecosystems which will integrate an array of functionalities and simplify the use of crypto for all their users.
Parody Coin (PARO) – an all-encompassing smart ecosystem
Parody Coin (PARO) is a new decentralised, peer-to-peer coin which is the native token of the Paroverse. Available in BEP-20 on the Binance Smart Chain, Parody Coin aims to create an ecosystem to empower, educate and strengthen its community.
The Parody Coin will allow users to trade through its swap feature, meaning users can buy and sell different types of cryptocurrencies without having to go through a third-party exchange. This coin also has a built-in wallet that allows users to store their coins safely and securely.
Parody Coin is also developing a new bridging technology, in order for its users to trade it through different blockchains and therefore making the token more accessible to more crypto communities.
As the heart of its vibrant metaverse, the Paroverse, has a smart ecosystem which provides crypto users with an array of tools to facilitate and guide them through their interactions with the blockchain.
The Parody Market, which will allow users to generate and trade NFTs, will revolutionise how NFTs are used as it will allow crypto users to re-generate an existing NFT and interact with it in ways impossible up to now. This new NFT technology will also bridge the real world to NFTs in turn revolutionising the way crypto users and developers interact with smart contracts.
With a generous and transparent tokenomics, the Parody Coin (PARO) will reward its users the more they hodl as it will tax all buys and sells by 10% and redistribute 5% to every PARO holder.
Last but not least, Parody Coin (PARO) is developing a DApp platform which will allow developers to create sub-protocols and programs with which users can interact. This will broaden the possibilities offered by the Paroverse and its ecosystem and create a long-lasting utility for the coin.
Cronos (CRO) – integrating crypto and fiat
Cronos (CRO) is the native coin of Crypto.com, a new crypto ecosystem which was developed in 2018 with the goal to bridge the gap between fiat and crypto and facilitate trading, exchanging, staking and spending for all crypto users.
With more than 25 million users, Crypto.con has become a very important platform in the cryptocurrency world, competing in the same league as Binance or Coinbase. This has made Crypto.com’s native coin, Cronos, a near blue-chip coin with a strong team behind it and a viable use case.
The Cronos team has also developed as part of their ecosystem a blockchain. This blockchain allows developers and users to interact with the Cronos ecosystem without having to go through a third party. This in turn re-enforces the viability of Cronos as it gives it many more possibilities for the future and shows the cutting-edge technology the Cronos team can develop.
With the Crypto.com app, Cronos and non-Cronos users are able to seamlessly trade, exchange and convert their crypto. The app which is extremely user-friendly gives users the ability to generate a Visa debit card and spend their crypto at their favourite stores without having to withdraw their fiat to a third party bank.
With the progress of crypto and the rise of utility tokens, ecosystems such as the ones provided by the Parody Coin (PARO) or Cronos (CRO) teams will undoubtedly revolutionise the market thanks to their simplicity of use, complete array of tools and the strong teams behind them .
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