Crypto.com Confirms Acquisition of Crypto.org for Mainnet Launch

Recently, I reported on the sale of Crypto.org, a highly valuable name brokered by Media Options on behalf of the Electronic Privacy Information Center (EPIC).

The Crypto.org domain, which at one point had an asking price of $1.5 million based on a cached Google page, changed hands in a deal facilitated by Escrow.com, according to WHOIS history.

The domain moved into a privacy-protected GoDaddy account, but I speculated that payment and cryptocurrency platform Crypto.com may have been the buyer.

My guess was correct, as Crypto.com recently announced the planned launch of the company’s CRO Mainnet on March 25th, 2021. The project will be hosted on Crypto.org with a Crypto.org Coin (CRO) as it’s native currency.

Here is a snippet of Crypto.com’s announcement about the forthcoming Crypto.org project:

Following our announcement of theĀ 70 billion CRO burn, we continue to aggressively pursue full decentralization of the network. We believe that the world needs a fully decentralized, open-source, public chain with high speed and low fees.

In line with the spirit of decentralization, the Mainnet will be launched as the Crypto.org Chain with Crypto.org Coin (CRO) as its native currency.

Crypto.org ChainĀ is a public, open-source and permissionless blockchain – a decentralized network designed to be a public good that helps drive mass adoption of blockchain technology. Following more than 2 years of research and development, 2 testnets (Thaler and Croeseid) and a successful Mainnet Dry-Run Competition (Crossfire), the Crypto.org Chain is now ready for launch.

About James Iles

James Iles is a domain name industry writer and publisher of JamesNames.com. You can contact me here, or follow me on Twitter @jamesiles.

2 thoughts on “Crypto.com Confirms Acquisition of Crypto.org for Mainnet Launch”

Leave a Comment