The Cros Token
The CROS token serves 4 distinct purposes: governance over the network, payments, staking, and validation. A democratic system owned by its users.
Given that the organization is the root of the solution, $CROS holders will have significant control over the protocol, whereby they will be able to participate in exceptional events such as protocol upgrades and fixes.
The CROS token is an atomic unit of value exchange inside the Cros ecosystem, being the payment currency for MetaVerses, NFT platforms, DeFi protocols, and all value chain participants. Resulting in the creation of a transactional economy between buyers and sellers.
The platform is designed using game theory to incentivize $CROS holders to behave honestly and secure the network. Good players will be rewarded by this mechanism and bad players will be fined and ultimately lose their stake.
The network selects validators to verify each transaction on the blockchain to safeguard your data. Validators make sure that all activities on the network reflect the values of the community, which creates a democratic system owned by its users.