Bitget has officially introduced the Cros token on its Launchpool, giving users the chance to lock BGB and USDT for a share of an impressive 11,666,700 CROS.

Cryptocurrency exchange Bitget announced plans to introduce Cros The platform provides a unique Ethereum Layer 2 and AI-driven service aimed at enhancing in-game advertising. Eligible users can lock BGB and USDT tokens to claim a share of 11,666,700 CROS, with participation beginning at 11:00 UTC on October 21st and continuing until 11:00 UTC on October 29th.

The launch consists of two distinct pools. In the first pool, 9,666,700 CROS tokens will be available as part of an airdrop. For those categorized as VIP1 to VIP7, the maximum allowable limit for locking BGB tokens is capped at 100,000, whereas VIP0 users can lock up to 20,000 BGB. To join this pool, a minimum of 5 BGB is required.

The second pool will distribute 2 million CROS tokens exclusively for new registrants who sign up after 11:00 UTC on October 18th. In this scenario, users can lock a maximum of 2,000 USDT, with a minimum limit of 5 USDT.

What Is CROS?

CROS tokens are ERC-20 governance tokens crafted specifically for the Cros Advertising Ecosystem, boasting a total fixed supply of 1 billion tokens. Out of this, 11,666,700 CROS will be allocated for the Bitget Launchpool.

In line with CROS tokenomics, a substantial 18% of the total supply goes to the ecosystem fund, while 17% is allocated for team members and advisors. Additionally, 15% is earmarked for growth initiatives and community incentives, with 10% devoted to rewards aimed at fostering network development. A further 7% is set aside for airdrops and bug bounty programs, while another 6% supports a development fund. Furthermore, 5% is allocated for listing and market-making endeavors, and 2% is reserved for a public sale. The remaining 20% is evenly distributed between the seed sale and two rounds of private investments.

Cros operates as a pioneering Ethereum Layer 2 and AI-based platform, striving to revolutionize the realm of in-game advertising by bridging the gap between advertisers, developers, and players. This innovative platform empowers developers to monetize their games efficiently, while advertisers gain access to a broad audience of gamers across various platforms, such as mobile, PC, console, and even gaming metaverses, employing seamless ads that integrate flawlessly into gameplay, ensuring an uninterrupted experience.