The idea of the Crodo project.
The Crodo project is a new launchpad on the young Cronos blockchain, founded by the large Crypto.com exchange. Also, the Ethereum Virtual Machine (EVM) system is integrated into Cronos, which means that all applications will work on the Etherium network and in all other blockchains with which they have bridges. This project already has strong marketing support in many areas.
Like all launchpads, Crodo has its own token (CROD) and a system of shooting ranges. In order to
to participate you need to buy and stake CROD tokens and depending on the number of your tokens you will be awarded a certain shooting range:
Tier 1 “Star” - minimum 63 tokens (100 Gravity) with a lock period of 2 years. 1 lottery ticket.
Tier 2 “Red Giant” - minimum 628 tokens (1000 Gravity) with a lock period of 2 years. 12 lottery tickets.
Tier 3 “Super Nova” - minimum 3141 tokens (5000 Gravity) with a lock period of 2 years. 100 lottery tickets.
Tier 4 "Neutron Star" - minimum 6281 tokens (10000 Gravity) with a lock period of 2 years. 300 lottery tickets.
Tier 5 “Pulsar” - minimum 31406 tokens (50000 Gravity) with a lock period of 2 years. Guaranteed allocation.
Tier 6 “Black hole” - here you need at least Tier 5 and “Admiral title” (more on that below). Guaranteed allocation.
By staking CROD tokens, we earn the so-called Gravity, the amount of which depends on the number of tokens and the blocking period. The project also takes into account the storage time of tokens and creates for us another rank system, thanks to which our Gravity increases, and, accordingly, the chances of getting an allocation :
1. Crewmen - base rank
2.Ensign - issued after 1 month of blocking and gives + 15% Gravity
3.Commander - issued after 3 months of blocking and gives + 20% Gravity 4.Captain - issued after 6 months of blocking and gives + 25% Gravity
5.Admiral - issued after 12 months of blocking and gives + 30% Gravity and Tier 6 if you currently have Tier 5.
Such a system as a whole gives its users fair chances to receive an allocation, which, in turn, is very beneficial for us, since in many launchpads you have to invest a lot of your money to get the coveted allocation. But there is one more important question - how much to take and for What is the best time to stake your coins?
To get an answer to this question, we need to analyze in more detail the project-team itself, tokenomics, and a number of other factors that affect the long-term perspective of this project.
A detailed analysis of the tokenomics of the project will help us find out the growth potential of the token, and, accordingly, the project itself on a long-term basis. Also, do not forget that the tokenomics of new projects that will be released on this site will also be analyzed by the project team, this directly indicates that the prospect of projects entering Crodo depends only on a literate and fundamental analysis of new projects. Thanks to the tokenomics of the project, we can find out the true motives of the team, taking into account part of the tokens for the team, the vesting of the team’s tokens and, based on the results, understand how long the team will be involved in this project and how much the value of the CROD token itself will increase.When I looked into the tokenomics of the Crodo project, to be honest, it took me five seconds to understand that I had not seen the best tokenomics for more than 3 months. Later I am going to do a fundamental analysis of the tokenomics of the Crodo project and present it to your attention.
The project team, as I wrote above, is the basis for the prospect of new emerging projects, which is very important for launchpads. In order to understand the potential of the Crodo project, we must focus on the experience of the team, other projects in which they participated, the success of previous projects in which they participated, and to understand this, you also need to analyze in detail all the members of the team. Speaking superficially, the team has 10 years of experience in personal as well as in joint projects to create business solutions for various projects. This factor already indicates the rich financial experience of the team , but personally I think this is not enough, so I also undertake to make a detailed review of the team and present to you.
To be sure in choosing this launchpad, you need to consider the uniqueness of the project, namely what problems this platform can solve and how this project can differ from other launchpads?! Let's consider the main existing problems of other launchpads and the way the Crodo project solves these problems:
At the moment, all newbies in the IDO field can often miss the opportunity to purchase tokens at a bargain price only due to the fact that the launchpads in which they participate do not have any reminder system for participants and they have to remember and record all their participation in projects on their own and Crodo solves this problem. problem thanks to reminders to all its participants via Telegram-bot, which will notify you about the start, approval in the whitelist, the beginning of the token redemption stage, etc.
Another actual problem is the slow operation of the site servers, which cope very poorly with a large amount of traffic. The ideal example is Coinlist, before the start of the sale of tokens, given the large number of people who want to participate, the site becomes simply as unusable as possible. Crodo developers claim that this is not a problem for them at all and they solve it using CDN and DDOS protection through CloudFlare.com and hosting servers in Kubernetes on dynamically created virtual servers in DigitalOcean.com.
Launchpads have a standard IDO participation system - you buy their tokens, stake and then you can participate in the allocation opportunity. There is no additional motivation to keep your tokens staking. higher tiers, and the most amazing thing is that there is no limit to the number of staked tokens. This is a good opportunity for absolutely everyone to participate in IDO.Based on everything written in this article, participation in the project is the best solution for us due to the excellent Tier system, strong team and project tokenomics. I can't wait to give you a detailed overview of the project's tokenomics and describe all the underlying factors.
How can we teach CROD tokens?!
There are several ways to get tokens:
-Public sale
-Staking Rewards
-Ambassador program
Public sale.
A total of 4,000,000 tokens have been allocated for the public sale, which will be sold on various platforms that support pre-sales on the Cronos network.
500,000 will be sold on the Crodo platform.
3,500,000 will be sold on other platforms. Details will be announced later.
Staking rewards.
Staking will enable users to block CROD tokens on the site to receive profit in the form of the same CROD tokens.
The total number of token rewards is: 1,000,000 CROD.
The remuneration is calculated proportionally between all participants.
Ambassador Program.
The Ambassador program provides an opportunity to receive free tokens for the active promotion of this project, rewarding its participants for attracting a new audience, creating videos, writing various articles about the project, creating memes and for actively participating in community conversations. Each work, any contribution to the development of the project is taken into account and you are awarded a certain level among all project ambassadors. The Ambassador program is available until May 1, 2022.
In order to become a project ambassador you need:
- go to https://crodo.io/ambassador?p=bc7b7b6b90d1476b635b698e43753720
- connect Metamask wallet (allow Metamask to go to the Cronos network)
- fill out an application (bind all the necessary social networks)
- wait for a response from the project team.
There is nothing complicated in this, everything is intuitive and everyone will understand!
In conclusion, I want to say that this project has great prospects for the future, good competitiveness among all launchpads and participation in the project will bring you big profits at a distance!