EVM blockchain functionality

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Torn
Posts: 17
Joined: 08 May 2021, 10:10

EVM blockchain functionality

The new functionality will help smart contracts and applications from other blockchains migrate to the Crypto.org ecosystem.

Image

In the coming months, the Crypto.com blockchain will allow Ethereum-based projects to migrate to their ecosystem through virtual compatibility. Ethereum machine or EVM. The company has also unveiled an appropriate fund to support interested projects.

According to the company's Friday public announcement provided to Cointelegraph, the EVM feature will launch on the Crypto.org blockchain on July 14 this year. "EVM support will be implemented as a side chain," the statement said.

Crypto.com is currently a prominent face in the crypto space, with its CRO asset ranked among the top 50 cryptoassets by market cap on CoinMarketCap at the time of posting. Crypto.com launched its Crypto.org blockchain network in March 2021.

By adding EVM to the Crypto.org network, the company hopes to increase the flexibility of its blockchain within the larger crypto ecosystem. “EVM support will allow for easier portability of applications from other networks, leading to exponential growth of the Crypto.org ecosystem, a fully decentralized, open source, open source network with high speeds and extremely low fees,” said Crypto.com CEO and Co-Founder. Chris Marshalek said in a statement.

In addition to advertising the upcoming EVM functionality, a new funding source for startups in the industry has also been unveiled, the statement said.Called the CRO EVM Fund, it will target early stage projects developing on the Crypto.org blockchain. The foundation expects to provide 100 projects with significant capital to help them in their endeavors, and is spearheaded by Particle B, the startup accelerator. Startups can get a maximum of $ 1 million from the fund.

“EVM support makes it easy to get started,” Particle B founder Gary Ohr said in a statement, adding:

“Projects can count on us much more than initial funding. As a founder and CTO, I am well aware that startups need ongoing support. We will work closely with our portfolio companies as we integrate and together build the Crypto.org Chain ecosystem.
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Adel
Posts: 5
Joined: 08 May 2021, 06:54

Re: EVM blockchain functionality

I really want such projects to develop. It is very interesting to see how the projects in which you invest are growing, and not even financially, but emotionally.
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Mike09
Posts: 180
Joined: 22 Dec 2021, 06:47

Re: EVM blockchain functionality

Asian market is always showing good statistics and never leaves dissapointed. So it can be very optimistic to invest and participate
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PeteHugh
Posts: 210
Joined: 22 Dec 2021, 09:47

Re: EVM blockchain functionality

Adel wrote: 11 May 2021, 20:02 I really want such projects to develop. It is very interesting to see how the projects in which you invest are growing, and not even financially, but emotionally.
Emotinally these new NFT brands and platforms help people overcome the pandemic, its obvious. And its a great opportunity to make some extra money, since all of bussineses slowed down
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tyufhf
Posts: 232
Joined: 21 Dec 2021, 12:25

Re: EVM blockchain functionality

PeteHugh wrote: 22 Dec 2021, 10:17
Adel wrote: 11 May 2021, 20:02 I really want such projects to develop. It is very interesting to see how the projects in which you invest are growing, and not even financially, but emotionally.
Emotinally these new NFT brands and platforms help people overcome the pandemic, its obvious. And its a great opportunity to make some extra money, since all of bussineses slowed down
Agreed. The bright and exciring world of crypto only haunted me in the pandemic. It gave me new passion in life
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Robert_Lee
Posts: 152
Joined: 24 Dec 2021, 13:21

Re: EVM blockchain functionality

Torn wrote: 08 May 2021, 12:24 The new functionality will help smart contracts and applications from other blockchains migrate to the Crypto.org ecosystem.

Image

In the coming months, the Crypto.com blockchain will allow Ethereum-based projects to migrate to their ecosystem through virtual compatibility. Ethereum machine or EVM. The company has also unveiled an appropriate fund to support interested projects.

According to the company's Friday public announcement provided to Cointelegraph, the EVM feature will launch on the Crypto.org blockchain on July 14 this year. "EVM support will be implemented as a side chain," the statement said.

Crypto.com is currently a prominent face in the crypto space, with its CRO asset ranked among the top 50 cryptoassets by market cap on CoinMarketCap at the time of posting. Crypto.com launched its Crypto.org blockchain network in March 2021.

By adding EVM to the Crypto.org network, the company hopes to increase the flexibility of its blockchain within the larger crypto ecosystem. “EVM support will allow for easier portability of applications from other networks, leading to exponential growth of the Crypto.org ecosystem, a fully decentralized, open source, open source network with high speeds and extremely low fees,” said Crypto.com CEO and Co-Founder. Chris Marshalek said in a statement.

In addition to advertising the upcoming EVM functionality, a new funding source for startups in the industry has also been unveiled, the statement said.Called the CRO EVM Fund, it will target early stage projects developing on the Crypto.org blockchain. The foundation expects to provide 100 projects with significant capital to help them in their endeavors, and is spearheaded by Particle B, the startup accelerator. Startups can get a maximum of $ 1 million from the fund.

“EVM support makes it easy to get started,” Particle B founder Gary Ohr said in a statement, adding:

“Projects can count on us much more than initial funding. As a founder and CTO, I am well aware that startups need ongoing support. We will work closely with our portfolio companies as we integrate and together build the Crypto.org Chain ecosystem.
Crypto.com hasn't been the first one to start such a platfrom so why would they take the name of a currency? that is confusing ti lots of people
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Robert_Lee
Posts: 152
Joined: 24 Dec 2021, 13:21

Re: EVM blockchain functionality

tyufhf wrote: 22 Dec 2021, 22:32
PeteHugh wrote: 22 Dec 2021, 10:17
Adel wrote: 11 May 2021, 20:02 I really want such projects to develop. It is very interesting to see how the projects in which you invest are growing, and not even financially, but emotionally.
Emotinally these new NFT brands and platforms help people overcome the pandemic, its obvious. And its a great opportunity to make some extra money, since all of bussineses slowed down
Agreed. The bright and exciring world of crypto only haunted me in the pandemic. It gave me new passion in life
But you better not be spending too musch recklessly. Take it wisely and make reasonable choices
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Robert_Lee
Posts: 152
Joined: 24 Dec 2021, 13:21

Re: EVM blockchain functionality

PeteHugh wrote: 22 Dec 2021, 10:17
Adel wrote: 11 May 2021, 20:02 I really want such projects to develop. It is very interesting to see how the projects in which you invest are growing, and not even financially, but emotionally.
Emotinally these new NFT brands and platforms help people overcome the pandemic, its obvious. And its a great opportunity to make some extra money, since all of bussineses slowed down
No bussiness are doing great since they interfere with NFT and provide their services with crypto currency
User avatar
LemonInvest
Posts: 160
Joined: 25 Dec 2021, 14:20

Re: EVM blockchain functionality

Torn wrote: 08 May 2021, 12:24 The new functionality will help smart contracts and applications from other blockchains migrate to the Crypto.org ecosystem.

Image

In the coming months, the Crypto.com blockchain will allow Ethereum-based projects to migrate to their ecosystem through virtual compatibility. Ethereum machine or EVM. The company has also unveiled an appropriate fund to support interested projects.

According to the company's Friday public announcement provided to Cointelegraph, the EVM feature will launch on the Crypto.org blockchain on July 14 this year. "EVM support will be implemented as a side chain," the statement said.

Crypto.com is currently a prominent face in the crypto space, with its CRO asset ranked among the top 50 cryptoassets by market cap on CoinMarketCap at the time of posting. Crypto.com launched its Crypto.org blockchain network in March 2021.

By adding EVM to the Crypto.org network, the company hopes to increase the flexibility of its blockchain within the larger crypto ecosystem. “EVM support will allow for easier portability of applications from other networks, leading to exponential growth of the Crypto.org ecosystem, a fully decentralized, open source, open source network with high speeds and extremely low fees,” said Crypto.com CEO and Co-Founder. Chris Marshalek said in a statement.

In addition to advertising the upcoming EVM functionality, a new funding source for startups in the industry has also been unveiled, the statement said.Called the CRO EVM Fund, it will target early stage projects developing on the Crypto.org blockchain. The foundation expects to provide 100 projects with significant capital to help them in their endeavors, and is spearheaded by Particle B, the startup accelerator. Startups can get a maximum of $ 1 million from the fund.

“EVM support makes it easy to get started,” Particle B founder Gary Ohr said in a statement, adding:

“Projects can count on us much more than initial funding. As a founder and CTO, I am well aware that startups need ongoing support. We will work closely with our portfolio companies as we integrate and together build the Crypto.org Chain ecosystem.
ETH might overload for as much work as they do and attach a lot of coins. They need to balance things out otherwise it is gonna drop
User avatar
LemonInvest
Posts: 160
Joined: 25 Dec 2021, 14:20

Re: EVM blockchain functionality

Robert_Lee wrote: 28 Dec 2021, 18:58
PeteHugh wrote: 22 Dec 2021, 10:17
Adel wrote: 11 May 2021, 20:02 I really want such projects to develop. It is very interesting to see how the projects in which you invest are growing, and not even financially, but emotionally.
Emotinally these new NFT brands and platforms help people overcome the pandemic, its obvious. And its a great opportunity to make some extra money, since all of bussineses slowed down
No bussiness are doing great since they interfere with NFT and provide their services with crypto currency
Not all bussinesses operate with crypto or NFT. Some require physical work. But crypto also has the opportunity to make everyone rich
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