Cronos (CRO) zkEVM unveils major updates and community initiatives

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Cronos (CRO) zkEVM unveils major updates and community initiatives

Cronos (CRO) Labs has announced a series of major updates and initiatives for its zkEVM project, according to official sources. The updates are intended to improve the user experience and promote community engagement within the #CROFam ecosystem.

Latest Testnet upgrades and community involvement

The Cronos zkEVM project has launched the Tethys testnet, marking an important milestone in its development. The new testnet integrates zkSync’s technology, enabling secure and efficient cross-chain interactions with the Ethereum Mainnet. Users can participate in testnet quests through Galxe until June 30, with more community activities expected in the coming weeks. These include the “Cronos zkEVM Pioneer Program” with loyalty points, pre-mainnet CRO deposits and mainnet quests.

New initiatives and collaborations

Several projects within the Cronos ecosystem have announced new initiatives. Veno Finance has introduced a giveaway to celebrate the launch of Liquid TIA Staking, offering a reward pool of $500 in $VNO for participants who stake at least $10 in TIA. Ebisu’s Bay has dropped 600,000 $FRTN tokens to early users and launched a lottery for more than 40 rare NFTs.

Wolfswap concluded Season 4 of their rewards campaign reporting an average of 420 daily traders and total volume of $22 million. Season 5 starts on June 24. Earn Network also announced an expansion of their product offering on the Cronos EVM blockchain.

NFT and DeFi campaigns

Minted Network launched the Golden Tree of Fortune collection in collaboration with Earn Network. LILLIUS introduced LILLI NFTs, which offer exclusive access and points that can be converted into $LLT token rewards. CroSkull NFT started season 8 of their Croskull deployment adventures.

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New America NFT is preparing for an early playtest of their Web3 game, HyperCity, in July. Mad Meerkat NFT will launch a new mini-game, Jumpy Meerkat, next month, with periodic challenges for prizes. Cr00ts will release version 3.0 of their game, with new play styles, animations and characters from partner projects.

Additional updates

Corgi Studio has improved their launchpad in the Creator Lounge on Cronos by adding features like OnlyMeID and customizable coin schemes. FuryBrawl integrates new AI and 3D characters into Web3 games on Cronos EVM. LOAF announced several initiatives, including a Galxe giveaway and the release of the game ToastOff.

Crow with knife ($CAW) partnered with Wolfswap and sent half of the trading fees to the community’s coffers. Misteryoncro ($MERY) launched an educational blog and announced support from KyberNetwork. Fortune Favors The Bozos now allows users to purchase NFTs from over 30 collections using their tokens.

Strategic partnerships and programs

Cronos EVM has onboarded Exaion, a subsidiary of EDF, Europe’s largest electricity group, as its latest blockchain network validator. The Cronos Accelerator program also highlighted demo day presentations from its newest cohort, providing valuable insights for users and startup founders.

Image source: Shutterstock



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