Token Utility

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 Creators, Developers, and Publishers.

The $CROS token has three distinct functions: Cros network governance, staking, and validation.

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