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Crypto.com MCO & CRO token swap
By Side Hustle Rich  •  August 4, 2020
Readers of my site will know that I am a ruby MCO VISA card holder. This card is from crypto.com, a company focused on making the onramp to crypto easy and intuitive. They have been working on a 2 token system, MCO and CRO, which can create some confusion, especially since they are both issued by the same company. From my understanding of the ecosystem, MCO was to be a front-facing currency used for staking, and rewards are also issued in MCO, while CRO is more of a backend utility used for powering transactions on chain. In the latest app update however, they have decided to merge the 2 tokens, and we’re to swap our existing MCOs for CROs, and when the swapping period is over in November, CRO will be effectively the only token, used throughout the crypto.com ecosystem with merged functionalities. I think this makes a lot...
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By Side Hustle Rich
I’m Richard, creator of SideHustleRich. I created this site to journal my experiments, experiences and thoughts on working up multiple streams of income, in an attempt to achieve financial independence. I’m a happily married man and a father to two young boys. I don’t believe in working until i’m 65, maybe enjoy 5 years of retirement before starting to ache all over from basically growing old and tired.
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