Cronos Launches Knowledge-Sharing Contributor Program

The team behind the Cronos network wants to incentivize knowledge-sharing and structure for the entire community.

By
Web3Wire
on
June 23, 2022
Category:
DeFi

The Cronos Contributor Program

The Cronos chain is continuing in its efforts to engage with the community further, even during the ongoing bear market scenario.

The network launched the ‘Cronos Contributor Program’ on June 20, which will financially reward the community members for sharing their knowledge.

  • The different types of contributions will include written, video and graphical content, and developer technical tasks.
  • There will be weekly tasks posted on the Cronos Contributor Program Notion Board.
  • $1,000 worth of different rewards will be awarded to submissions based on the assessment criteria like originality, creativity, and social engagement.
  • The Cronos chain currently is ranked 7th amongst other blockchain networks in terms of total value locked (TVL) as per data from DeFiLlama. Amidst the wider market slump, the TVL of the network has dropped from an all-time high of $4 billion to currently standing at $1.12 billion.
Source: Cronos Medium

What is Cronos:

Cronos is an Ethereum compatible layer-1 blockchain network built on the Cosmos SDK technology. The network was designed to scale the Decentralized Finance (DeFi) and user base of the Decentralized Applications (dApps) by enabling developers to instantly port dApps and assets from other layer-1 blockchain networks like Ethereum Solana BNB Chain and Terra. Since the mainnet went live in November 2021, the network has over 200 partners and 450k plus Web3 users in less than five months. Similar to how the BNB Chain is maintained and created by the Binance exchange, the Cronos chain has been created and is run by the Crypto.com exchange.

Find more about Cronos here:

Website | Twitter | Medium | Documentation | Telegram | Discord | Github | Cronos Explorer

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