101.58K
363.19K
2024-10-17 10:00:00 ~ 2024-10-23 10:30:00
2024-10-23 15:00:00
Total supply1.00B
Resources
Introduction
Cros is a cutting-edge Ethereum Layer 2 and AI platform for in-game advertising. Connecting advertisers, developers, and 3 billion players (#DePIN). Cros enables developers to monetize their games and advertisers to reach billions of players across mobile, PC, console, and gaming metaverses with non-disruptive ads that are part of the gameplay. CROS Total supply: 1,000,000,000 Website: https://www.cros.world/ X: https://x.com/CrosWorlds Telegram: https://t.me/CrosChannel
The Bitget Launchpool project CROS has opened for investment. As of the time of writing, the current BGB reward pool yield is temporarily reported at 757.95% APR, and the USDT new user reward pool yield is temporarily reported at 168.8% APR. The staking opening period is from October 21st at 19:00 to October 29th at 19:00 (UTC+8).
Bitget market data, today's top 5 hot search assets are BGB, CROS, SCR, BTC, DOGS. Among them: CROS was listed on Bitget at 19:00 (UTC+8) on October 23; SCR opened with a rise of 3696%, currently reported at $1.139; BGB has increased by -0.09% in the last 24 hours and is currently priced at $1.15; BTC has increased by -1.65% in the last 24 hours and is currently priced at $66,957; DOGS has increased by -2.78% in the last 24 hours and is currently priced at $0.000724. Scroll is a Layer-2 rollup solution that extends Ethereum blockchain using zero-knowledge proof technology; Cros is an Ethereum Layer-2 and AI platform for in-game advertising.
Bitget announced that CROS/USDT is listing on Bitget! In order to show our warm welcome, we have set aside a reward pool of $20,000 CROS for our special new joins during this period. Participate in the event and join Bitget now to receive your exclusive token airdrop. So, what are you waiting for? Join today! Campaign Period: 22nd October, 10:00 – 31st October, 10:00 (UTC) Complete 3 tasks below and win $10 - $30 CROS airdrop: Sign up, download Bitget APP and complete KYC Join both Bitget Discord and Telegram Complete a CROS deposit or CROS/USDT spot trade of any amount Terms and conditions: The campaign is only open for new Bitget APP users who have registered and downloaded through the specified link and not open for affiliates. Users must register before downloading. Rewards are limited to 800 winners and will be distributed according to the rule of first come first serve. Campaign rewards can not be received at the same time as other platform campaigns. Rewards will be distributed within 7 working days after the campaign completion. Any mischievous behavior is strictly prohibited. Bitget has the right to revoke the participants' right to receive rewards. Join Bitget, the World's Leading Crypto Exchange and Web3 Company Sign up on Bitget now >>> Follow us on Twitter >>> Join our Community >>>
Bitget Launchpool will be listing Cros Token (CROS). Eligible users can lock BGB and USDT to share 11,666,700 CROS. Locking period: October 21 2024, 11:00 – October 29 2024, 11:00 (UTC) Lock Now Project details • Token name: Cros Token (CROS) • Total supply: 1,000,000,000 CROS • Launchpool allocation: 11,666,700 CROS • About the project: Cros is a cutting-edge Ethereum Layer 2 and AI platform for in-game advertising. Connecting advertisers, developers, and 3 billion players (#DePIN). Cros enables developers to monetize their games and advertisers to reach billions of players across mobile, PC, console, and gaming metaverses with non-disruptive ads that are part of the gameplay. Locking pool 1: Total CROS airdrop 9,666,700 CROS Maximum BGB locking limit for VIP1-VIP7 100,000 BGB Maximum BGB locking limit for VIP0 20,000 BGB Minimum BGB locking limit 5 BGB BGB pool airdrop per user = user's locked BGB ÷ total locked BGB of all eligible participants × corresponding pool. Locking pool 2: Total CROS airdrop 2,000,000 CROS *Eligibility for new users Only new users who sign up after October 18, 2024, 11:00 (UTC) are eligible. Maximum USDT locking limit 2,000 USDT Minimum USDT locking limit 5 USDT USDT pool airdrop per user = user's locked USDT ÷ total locked USDT of all eligible participants × corresponding pool. Notes: 1. Token airdrop from Launchpool locking pools will be distributed hourly to participants based on their locked volume. 2. Bitget will take hourly snapshots of each participant's locked volume and distribute airdrop accordingly. 3. Airdrop will be distributed hourly. When a user locks at hour H, the locked volume is calculated at hour H+1, and airdrop is distributed at hour H+2. For example, if a user locks at 10:46 AM, the locked volume is confirmed at 11:00 AM, and airdrop is distributed at 12:00 PM. 4. The APR of each locking pool is calculated separately. 5. Users can unlock their locked tokens from the locking pool at any time. 6. Locked assets will be automatically returned to the user's spot account after the locking period ends. Terms and conditions 1. Users must complete identity verification to participate in the promotion. 2. All participants must strictly comply with Bitget's terms and conditions. 3. Sub-accounts, institutional accounts, and market maker accounts are not eligible for the promotion. 4. Bitget reserves the right to disqualify any user from participating in the promotion and confiscate their rewards if any fraudulent conduct, illegal activities (e.g., using multiple accounts to claim rewards), or other violations are found. 5. Bitget reserves the right to amend, revise, or cancel this promotion at any time without prior notice, at its sole discretion. 6. Bitget reserves the right of final interpretation of the promotion. Contact customer service if you have any questions. Disclaimer Cryptocurrencies are subject to high market risk and volatility despite high growth potential. Users are strongly advised to do their research as they invest at their own risk. Thank you for supporting Bitget! Join Bitget, the World's Leading Crypto Exchange and Web 3 Company Sign up on Bitget now >>> Follow us on Twitter >>> Join our Community >>>
Cros enables developers to monetize their games and advertisers to reach billions of players across mobile, PC, console, and gaming metaverses with non-disruptive ads that are part of the gameplay. $CROS tokens are an ERC20 governance token for Cros Advertising Ecosystem with a limited supply of 1,000,000,000 tokens. Distribution Cros plans to issue a total of 1,000,000,000 utility tokens with the below distribution Distribution Amount (%) Vesting Seed Round Sale 100,000,000 (10%) 2% at TGE, 3 months cliff, linear 24 months Private Sale 100,000,000 (10%) 5% at TGE, 3 months cliff, linear 24 months Public Sale 20,000,000 (2%) 20% at TGE, linear 4 months Team Advisors 170,000,000 (17%) 8 months cliff, linear 40 months Airdrops Security Bug Rewards 70,000,000 (7%) Linear 24 months Network Bootstrapping Rewards 100,000,000 (10%) Linear 60 months Growth Community Rewards 150,000,000 (15%) Linear 24 months Additional Development Fund 60,000,000 (6%) Cliff 8 months, linear 24 months Listing and MM 50,000,000 (5%) Cliff 8 months, linear 6 months Ecosystem Fund 180,000,000 (18%) Linear 60 months Token vesting is strategically designed to ensure a controlled release of tokens over a specified period, preventing a sudden influx of tokens into the market. This approach is beneficial in balancing the demand and supply of tokens, as it ensures a steady flow of tokens over a prolonged period, rather than a large release in a short time frame. By doing so, token vesting promotes stability in the market and encourages a gradual increase in demand for the tokens as adoption grows. Token Utility Cros Chain is a cutting-edge Ethereum Layer 2 and AI platform for in-game advertising; connecting advertisers, developers, and 3 billion players (#DePIN). The $CROS token has four distinct utility functions: Staking, Validation, Governance, and Payments. Cros revenue is generated from in-game ad impressions like Google, Meta, TikTok, etc. Ad revenues are then shared between Cros, game developers, and billions of players. $CROS token has to be staked: By game players and developers to earn ad revenues. By advertisers paying for ads with $CROS token to get discounts and cashback. By community, investors, and partners to participate in Cros governance. By validators to validate ad impressions on Cros L2 chain. The digital cryptographically secured utility token ($CROS Token) is a major component of the ecosystem on the Cros Network. $CROS Token will be issued on the Ethereum blockchain as ERC-20-compliant digital tokens. Its primary function is to facilitate smooth operations within the network, and it is intended solely for use as a utility token. It will allow token holders to stake the token and earn rewards during the initial network bootstrapping phase. The token holders will play a critical part in the governance and evolution of the network and the overall ecosystem. They will be able to propose and vote on changes to the network’s development including parameters such as Payments, Staking, Liquidity, and ad-revenue distribution between Cros, Game Developers, and Gamers. Token Validation and Staking $CROS Tokens are expected to provide economic incentives for participants to contribute to and maintain the ecosystem of the Cros Network. The computational resources are required for performing various functions on the Cros Network, such as validating transactions and publishing proofs, thus providers of these services/resources would be rewarded with $CROS tokens (i.e., "validating" on the Cros Network) to maintain the network integrity. $CROS Token will be used as a unit of exchange to quantify and pay for the costs of consumed computational resources. $CROS Token is an integral and indispensable part of the Cros Network, as, without the $CROS Token, there would be no incentive for users to expend resources to participate in activities or provide services for the benefit of the entire ecosystem on the Cros Network. Users may be required to stake $CROS Token to participate in the consensus or any validation process on the Cros Network. This is an indication of the user's commitment to the process. $CROS Token would thus be used as a deterrent to punish stakers for various offenses by requiring them to stake $CROS Token before being allowed to participate in the ecosystem. In the case that a staker commits a violation, $CROS Token will be deducted. It should be noted that $CROS Token is non-refundable and cannot be exchanged for cash (or its equivalent value in any other virtual currency) or any Governing Body payment obligation. The Issuer or any affiliate; does not represent or confer on the token holder any right of any kind to the Governing body, the Issuer (or any of its affiliates), or the Issuer's revenues or assets, including without limitation any right to receive future dividends, revenue, shares, ownership right or stake, share or security, any voting, distribution, redemption, liquidation, proprietary (including all forms of intellectual property or license rights), or other financial or legal rights or equivalent rights, or any other form of participation in or relating to the Cros Network. The Governing body, the Issuer, and/or their service providers; are not intended to represent any rights under a contract for differences or any other contract whose goal or pretended purpose is to secure a profit or avoid a loss. It is not intended to be a representation of money (including electronic money), security, a commodity, a bond, a debt instrument, or any other form of financial instrument or investment. It is not a loan to the Governing body, the Issuer, or any of its affiliates. It is not intended to represent a debt owed by the Governing body, the Issuer, or any of its affiliates, and no profit is expected. It also does not provide the token holder any ownership or other interest in the Governing body, the Issuer, or any of its affiliates. After the token sale, the Issuer (or its affiliate) will hold the contributions in the token sale. The contributors will have no economic or legal right to or beneficial interest in these contributions or the assets of that entity. If a secondary market or exchange for trading $CROS Token develops, it will be run and operated completely independently of the Governing body, the Issuer, $CROS Token sales, and the Cros Network. Neither the Governing Body nor the Issuer will create secondary markets for $CROS Token, nor will act as an exchange.
What is Cros (CROS)? Cros (CROS) is a decentralized platform that seeks to revolutionize the gaming industry by connecting game developers with advertisers in a fully automated process. Think of it as the “Shopify” for the gaming world, where brands can easily reach gamers and advertise their products in a transparent, scalable, and decentralized manner. Cros offers a cutting-edge technology infrastructure that powers in-game advertising and commerce across multiple gaming platforms. In simple terms, Cros provides game developers and brands with the tools they need to integrate advertisements into their games. Whether it's virtual billboards in a racing game, branded clothing on characters, or interactive product placements, Cros makes it easy to embed these advertisements into virtual worlds. Using smart contracts and blockchain technology, Cros aims to create a new standard for in-game advertising that is decentralized, transparent, and open to all. Who Created Cros (CROS)? Cros was founded by Hussein A., a serial entrepreneur, with the vision of revolutionizing in-game advertising and commerce. He brought together a talented leadership team with deep expertise across leading tech and software companies. The Cros leadership team includes top engineering minds from leading tech giants like Google, Microsoft, and Cisco. What VCs Back Cros (CROS)? The platform has received financial backing from CLS Global. However, the most significant advantage Cros has is its partnerships with top-tier companies across various industries. Some of the big names that Cros has partnered with include PlayStation, Microsoft, ROBLOX, McDonald's, Sephora, Adidas, Bitget, Solana, Polygon, Amazon, GAP, and many more. How Cros (CROS) Works Cros is a decentralized advertising platform designed to integrate with gaming platforms and virtual worlds. Built on an open protocol and blockchain technology, it ensures that all transactions are transparent and tamper-proof. Here's a brief look at how Cros works and its key components: 1. Campaigns and Analytics The Cros Ads Manager enables advertisers and game developers to manage ad campaigns across various platforms. Advertisers can set up campaigns, while developers can embed ads into their games. The platform also offers an analytics suite, allowing advertisers to track performance in real-time. Cros even includes an NFT marketplace where ad assets can be traded, adding flexibility to marketing strategies. 2. Payment Flexibility Cros supports multiple payment methods, including traditional fiat currencies and cryptocurrencies. This integration of both traditional and decentralized finance allows a wide range of users, from traditional companies to blockchain-native brands, to access and benefit from the platform. 3. Protocols and SDKs Cros offers APIs, SDKs, and tools that make it easy for advertisers and developers to integrate with the platform. These tools enable programmatic ad auctions and seamless integration of ads into games. Advertisers can also create and trade NFTs, which serve as ad containers, capturing important user interaction data. 4. NFTs and Merchandise A unique feature of Cros is its focus on NFTs and virtual merchandise. Developers can create and embed Ad Asset NFTs into games, offering new revenue streams while allowing brands to promote their products in novel ways. Cros also plans to offer a marketplace for brands to sell virtual goods, blending NFTs with real-world merchandise. 5. Web2 and Web3 Integration Cros bridges the gap between traditional Web2 advertisers and the decentralized Web3 world. It connects with Web2 ad platforms, making it easy for traditional companies to enter the decentralized space without overhauling their infrastructure. Its chain-agnostic nature means it works with a variety of blockchain networks, offering flexibility across ecosystems. 6. Cros Layer 2 Protocol Cros uses its own Layer 2 protocol (named Cros Chain) to ensure all transactions, including ad impressions and payments, are validated on-chain. This decentralized approach disrupts traditional centralized advertising models, providing transparency and accountability by recording all data on the blockchain. 7. AI-Driven Features Cros incorporates AI to enhance campaign management. It uses machine learning to analyze audience data, optimize ad performance, and suggest improvements in real-time. Additionally, its Generative AI tools help developers create game assets and immersive experiences with branded content more efficiently. CROS Goes Live on Bitget Cros sets a new standard for how advertising and commerce work in virtual worlds. By introducing global standards and protocols, Cros aims to integrate with gaming platforms and virtual worlds like Roblox, Second Life, and Decentraland. The long-term goal is to provide a transparent, decentralized, and scalable advertising solution that works across multiple gaming ecosystems. As Cros continues to grow, it plans to expand its partnerships and integrations, making its platform even more versatile and valuable for both advertisers and game developers. The CROS token, the native utility token of the Cros, offers a unique opportunity for users to participate in a cutting-edge Ethereum Layer 2 and AI-powered ecosystem for in-game advertising. With its core utility functions - Staking, Validation, Governance, and Payments - CROS plays a vital role in enabling ad revenue distribution between advertisers, game developers, and players. By staking CROS, token holders can earn rewards, access discounts, and participate in governance decisions that shape the platform’s future. As CROS is now available on Bitget, it offers an early entry point into a growing ecosystem that connects billions of players and advertisers, making it a promising addition to any portfolio. CROS on Bitget Pre-Market CROS is a part of Bitget Pre-Market, a platform where users can trade tokens over-the-counter before the token is listed for spot trading. Join now to get the best out of it! Start time: 17 October, 2024, 10:00 (UTC) Bitget Pre-Market offers flexibility in trading activities with two settlement options: ● Coin settlement, which uses a 'cash on delivery' method where a security deposit is forfeited if the seller fails to deliver. ● USDT settlement, a new option where trades are settled in USDT at the average index price at the last minute. To use Bitget Pre-Market, follow these simple steps: ● Step 1: Go to the Bitget Pre-Market page. ● Step 2: ○ For Makers: ■ Choose the desired token and click on ‘Post Order’. ■ Specify Buy or Sell, enter price and quantity, review details, then confirm. ○ For Takers: ■ Choose the desired token, pick ‘Sell’ or ‘Buy’, select the pending order, enter quantity, and confirm. For detailed instructions on how to use Bitget Pre-Market, please read Introducing Bitget Pre-Market: Your Gateway to Early Coin Trading Get CROS on Bitget Pre-Market now! How to Trade CROS on Bitget Spot Listing time: October 23, 2024 Step 1: Go to CROSUSDT spot trading page Step 2: Enter the amount and the type of order, then click Buy/Sell. Trade CROS on Bitget now! CROS on Bitget Launchpool CROS will be a part of Bitget Launchpool, a platform for users to stake and earn new tokens for free. Join now to get the best out of it! From October 21 2024, 11:00 – October 29 2024, 11:00 (UTC), you can grab a share of 11,666,700 CROS through: Activity 1 - Launchpool BGB Pool: Users can stake up to 100,000 BGB in Bitget Launchpool to earn from a 9,666,700 CROS pool. Activity 2 - Launchpool USDT Newbie Pool: Only new users who sign up after October 18, 2024, 11:00 (UTC) can stake up to 2,000 USDT in Bitget Launchpool to earn from a 2,000,000 CROS pool. For more specific information on how to get CROS tokens on Bitget Launchpool, check out the announcement here. Stake BGB and USDT to Get CROS now! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.
I. Project introduction Cros Advertising Ecosystem is a forward-looking decentralized ad platform that aims to reshape the existing advertising ecosystem and inject new impetus into the global trillion-dollar gaming economy. As a multi-dimensional advertising solution, Cros platform integrates functions such as advertising placement, payment channels, Data Analysis, NFT market, and virtual commodity trading, aiming to completely change the way advertisers, game developers, and creators interact. The platform not only provides advertisers and brands with the ability to seamlessly deploy ads, but also empowers developers and game publishers to embed advertising assets through highly customized SDKs. Cros is based on blockchain technology and ensures that all advertising transaction data is transparently verified on the chain through its Layer 2 protocol, thereby eliminating hidden barriers in the traditional advertising industry and enhancing the transparency and credibility of advertising. In addition, the Cros platform has implemented a chain-agnostic design, allowing users to operate freely on various blockchain networks, truly achieving cross-platform and cross-chain advertising placement and virtual asset trading. With its innovative architecture, Cros has brought new efficiency and transparency to the advertising market, endowing the advertising industry with unprecedented flexibility and future growth potential. II. Project highlights Comprehensive advertising management and analysis capabilities Cros Ads Manager provides comprehensive ad deployment and management tools, allowing advertisers to easily place ads, monitor performance, and trade ad creatives through the NFT market. For developers, Cros provides a powerful SDK to help them quickly embed ad content and shorten game IPO time. Multi-chain, cross-platform advertising ecosystem Cros adopts a chain-agnostic architecture, breaking through the limitations of a single blockchain. Regardless of which blockchain, advertisers and developers can achieve seamless delivery and transactions, creating a broader operational space for the advertising market. NFT and Virtual Goods Market Cros provides a powerful advertising asset NFT ecosystem where brands and developers can design, publish, and trade advertising NFTs. The platform not only supports the release of virtual goods, but also combines the trading of real goods, further enhancing advertising effectiveness and brand influence. Transparent Layer 2 Protocol Cros' Layer 2 protocol ensures that all advertising transactions and data are transparently verified through blockchain, eliminating information asymmetry and opacity issues in traditional advertising systems. Through the automated execution of smart contracts, advertising campaigns and data settlements become more fair, secure, and efficient. III. Market value expectations Cros Advertising Ecosystem ($CROS) is a decentralized platform dedicated to reshaping the global advertising industry through blockchain technology. With its innovative advertising delivery model, payment channels, and NFT market, Cros provides a new solution for interaction between advertisers, game developers, and creators. The initial circulation of $CROS tokens is 2.05% (i.e. 20,500,000 tokens). Although there is currently no clear token unit price, we can predict its future market value and addressable market performance by benchmarking similar Web3 marketing and ad platforms. Benchmark project type and market value expectations: Crowny ($CRWNY) - A Web3-based loyalty and marketing platform Token unit price: 0.002509 dollars Market capitalization: $1,757,820.395 Circulation: 700,597,988 pieces Expected $CROS token price : about 0.0858 dollars Crowny is a platform that provides loyalty rewards and marketing solutions for brands through Web3 technology. Carry ($CRE) - Decentralized Marketing Solution Token unit price: 0.003217 dollars Market capitalization: $32,173,860.51 Circulation: 10,000,000,000 pieces Expected $CROS token price : about 1.57 dollars Carry provides decentralized advertising payment and consumer data management services. Layer3 ($L3) - Full Chain Identity and Distribution Protocol Token unit price: 0.0598 dollars Market capitalization: $26,055,354.842 Circulation: 435,066,937.838 pieces Expected $CROS token price : about 1.27 dollars Layer3 provides authentication and distribution protocols for advertising and marketing through cross-chain technology. Cros Advertising Ecosystem Token Economics ($CROS) Cros Advertising Ecosystem's native token $CROS is an ERC20 governance token based on the Ethereum network, with a total supply of 1 billion tokens, specifically used to promote platform governance and incentive mechanism. The token plays a core role in the entire ecosystem, promoting advertising campaigns, network governance, and reward distribution. Token distribution Cros plans to publish 1,000,000,000 $CROS tokens, which will be distributed as follows: Seed round sales : 10% (100,000,000 coins), TGE release 2%, 3-month lock-up period, linear release 24 months. Private placement round sales : 10% (100,000,000), TGE release 5%, 3-month lock-up period, linear release 24 months. Public offering round sales : 2% (20,000,000), TGE release 20%, linear release 4 months. Team and Advisor : 17% (170,000,000 coins), 8-month lock-up period, linear release for 40 months. Airdrop and security bugs reward : 7% (70,000,000), linearly released for 24 months. Network boot reward : 10% (100,000,000 pieces), linear release for 60 months. Growth and Community Bonus : 15% (150,000,000 coins), linear release for 24 months. Additional Development Fund : 6% (60,000,000 tokens), 8-month lock-up period, 24-month linear release. Listing and market-making funds : 5% (50,000,000), 8-month lock-up period, linear release for 6 months. Ecosystem Fund : 18% (180,000,000 coins), linear release for 60 months. Token usage The $CROS token has four main functions in the Cros Advertising Ecosystem, namely: Staking (Staking) : Gamers, developers and advertisers can get a share of advertising revenue by staking $CROS tokens. Validation (Validation) : Validation nodes need to stake $CROS tokens to verify the effectiveness of advertising display, ensuring that advertising data is fairly verified on the Layer 2 chain of Cros. Governance : $CROS holders can participate in the governance of the platform, voting on network parameters and development direction, such as payment methods, staking rules, advertising revenue distribution, etc. Payment (Payments) : Advertisers can get discounts and cashback when using $CROS tokens to pay for advertising expenses, increasing the circulation and demand of tokens. V. Team and financing Hussein A., founder, has extensive experience with Rocket Internet. He brings a deep technical background and entrepreneurial spirit to promote Cros' decentralized advertising ecosystem globally. Sachin A., co-founder, previously worked at Microsoft and has extensive experience in technology management and innovation. He is one of the builders of Cros' core technology architecture. Vikranth P., Product Owner from Cisco, has extensive product development and management experience and is responsible for driving product strategy and user experience optimization for the Cros platform. Financing section: The specific financing details have not been made public yet. However, the token distribution plan of the project shows that 17% of the tokens have been reserved for the team and consultants, indicating that the team will play an important role in future development and operation. VI. Risk Warning Advertising market acceptance risk Although Cros Advertising Ecosystem provides innovative solutions for the advertising industry through decentralized technology, the traditional advertising industry already has a solid market and players. Cros needs to persuade advertisers, developers, and brands to use its platform, which may encounter market inertia and resistance. If the advertising market does not accept Cros as expected, the project's user growth and platform development may be affected. Transparency and privacy protection of advertising data Cros' decentralized advertising model verifies advertising data through blockchain. Although this mechanism can improve transparency, it may also raise concerns about data privacy among advertisers and users. Advertisers may feel uneasy about the transparency of data, and users may also have doubts about the recording and storage of their behavioral data. Cros needs to find a balance between transparency and privacy protection, otherwise it may affect the trust of advertisers and users. Token demand fluctuations within the ecosystem As a key tool for advertising payment and Platform Governance, the demand for $CROS tokens will directly affect the vitality of the entire ecosystem. However, the token usage demand of advertisers and developers may be affected by market fluctuations, industry cyclical changes, and external factors, leading to insufficient token demand and affecting the liquidity and market value of tokens. VII. Official link Website : https://x.com/crosworlds Twitter: https://www.cros.world/ Telegram: https://t.me/CrosChannel
We're thrilled to announce that Bitget will launch Cros Token (CROS) in pre-market trading. Users can trade CROS in advance, before it becomes available for spot trading. Details are as follows: Start time: 17 October, 2024, 10:00 (UTC) End time: 23 October 2024, 10:30 (UTC) Spot Trading time: 23 October 2024, 11:00 (UTC) Delivery time: 23 October 2024, 15:00 (UTC) Pre-market trading link: CROS/USDT Bitget Pre-Market Introduction Delivery method: Coin settlement, USDT settlement Coin settlement Coin settlement: Utilizes a "cash on delivery" method. If the seller fails to deliver the required coins, the security deposit will be forfeited as compensation for the breach of contract. USDT settlement USDT settlement: A new option for pre-market trades. This is the second settlement option offered by Bitget for pre-market trades. Orders are settled at the average index price at the last minute as the delivery execution price. The losing party will pay the difference to the winning party. Both parties can lose or gain up to 100% of the security deposit, excluding transaction fees. Example: The user buys 10 tokens at 10 USDT (the filled order is called Order A) and sells 10 tokens at 15 USDT (the filled order is called Order B). At delivery time, the system calculates the delivery execution price based on the average index price from the last minute. Assuming the execution price is 5 USDT, the calculations are as follows: PnL of Order A = (5 – 10) × 10 = –50 USDT PnL of Order B = (15 – 5) × 10 = 100 USDT The total PnL for the user in pre-market trading is 50 USDT. For USDT settlement, orders are settled at the average index price from the last minute as the delivery execution price, determined by a weighted average of prices at leading exchanges to ensure fairness and transparency. Introduction Cros is a cutting-edge Ethereum Layer 2 and AI platform for in-game advertising. Connecting advertisers, developers, and 3 billion players (#DePIN). Cros enables developers to monetize their games and advertisers to reach billions of players across mobile, PC, console, and gaming metaverses with non-disruptive ads that are part of the gameplay. CROS Total supply: 1,000,000,000 Website | X | Telegram FAQ What is pre-market trading? Bitget pre-market trade is an over-the-counter trading platform specializing in providing a pre-traded marketplace for new coins before their official listing. It facilitates peer-to-peer trading between buyers and sellers, enabling them to acquire coins at optimal prices, secure liquidity in advance, and complete delivery at a mutually agreed upon time. What are the advantages of Bitget pre-market trading? Investors often have expectations regarding the price of a new coin before spot trading becomes available. However, they may be unable to purchase the coin at their preferred price and secure liquidity in advance due to lack of access. In response to this, Bitget pre-market trading offers an over-the-counter (OTC) platform where buyers and sellers can establish orders in advance to execute trades as desired and complete delivery later. In this scenario, sellers are not required to own any new coins; instead, they only need to obtain sufficient new coins for delivery before the designated delivery time. How are pre-market trades deliveries completed? The system will pre-freeze the funds required for the current order between the buyer and seller as a transaction guarantee. Prior to the delivery time, the seller must ensure that their spot account holds the required amount of new tokens; otherwise, the transaction will be canceled. Similarly, the system will unfreeze the buyer's funds and compensate the buyer with the seller's frozen margin. Once the delivery is completed, the corresponding quantity of tokens will be transferred to the buyer's spot account, and the buyer's frozen funds will be transferred to the seller's spot account after deducting the transaction fee. Note: (1) Upon reaching the delivery time, the system will execute the delivery according to the transaction time in sequence, which is expected to be completed within one hour. The seller should refrain from any transactions involving the delivery currency funds within 30 minutes after delivery initiation to mitigate the risk of delivery failure due to insufficient funds. (2) If you have both buy and sell orders, ensure that your spot account holds the required quantity of the sell order currency at the time of delivery. Orders with insufficient balance will be processed using the "compensate with margin" approach. How can I make a pre-market trade as a seller? As a seller, you are required to use the USDT in your spot account to pay the margin. You can list your new tokens on the order market at your preferred price via Post Order, or you can find a suitable buy order on the order market and sell it to the buyer at the buyer's asking price. Once the order is filled, you just need to wait for the delivery. How can I make a pre-market trade as a buyer? As a buyer, you are required to use USDT from your spot account to pay for the trade. Using the Place Order function, set the quantity of coins you want to buy at your preferred price and list the maker order in the order market. Bitget will then lock the funds for the purchase and handle any related fees. Alternatively, you can directly select a sell order from the marketplace and buy the coins at the seller's designated price. Once the order is filled, simply await delivery. Do I have to fill the entire maker sell/buy order at once in pre-market trading? No, the platform allows you to trade any quantity of coins as long as it meets the minimum transaction limit. Disclaimer Cryptocurrencies are subject to high market risk and volatility despite high growth potential. Users are strongly advised to do their research as they invest at their own risk. Thank you for supporting Bitget! Join Bitget, the World's Leading Crypto Exchange and Web 3 Company Sign up on Bitget now >>> Follow us on Twitter >>> Join our Community >>>
We are thrilled to announce that Cros Token (CROS) will be listed in the Innovation and Layer 2 Zone. Check out the details below: Deposit Available: Opened Trading Available: 23 October 2024, 11:00 (UTC) Withdrawal Available: 24 October 2024, 12:00 (UTC) Spot Trading Link: CROS/USDT Introduction Cros is a cutting-edge Ethereum Layer 2 and AI platform for in-game advertising. Connecting advertisers, developers, and 3 billion players (#DePIN). Cros enables developers to monetize their games and advertisers to reach billions of players across mobile, PC, console, and gaming metaverses with non-disruptive ads that are part of the gameplay. Contract Address (ERC20): 0x5A59dD979754B09EA686ce93C98D4CE8bDCb43F2 Website | X | Telegram How to Buy CROS on Bitget CROS to FIAT Calculator Fee Schedule Price Market Data 7-Days Limited-time Buy Crypto Offer: Buy CROS with your credit/debit cards at 0% fee with 140+ Currencies, EUR, GBP, AUD, TWD, UZS, UAH, TRY, THB, BRL, PLN, IDR, PHP and CAD etc. Disclaimer Cryptocurrencies are subject to high market risk and volatility despite high growth potential. Users are strongly advised to do their research as they invest at their own risk. Thank you for supporting Bitget! Join Bitget, the World's Leading Crypto Exchange and Web 3 Company Sign up on Bitget now >>> Follow us on Twitter >>> Join our Community >>>
Delivery scenarios