CROS Tokenomics

 

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.