Crypto.com

The MCO token is an Ethereum-based (ERC-20) cryptocurrency. The token was developed by Crypto.com and is able to serve as a medium of exchange value between users within the platform.

The MCO Token Sale was conducted in May-June 2017 and raised US$26.7 million.

MCO Swap Program:

The swap program will involve combining the current functionalities of MCO, with CRO’s utility and technology, in a “one stop shop” token to enable a streamlined Crypto.com ecosystem. The swap program will also serve to leverage the advanced capabilities of the Crypto.com Chain, in preparation of its upcoming Mainnet launch.

Crypto.com is encouraging MCO holders to swap to CRO. This is because the Crypto.com ecosystem will use one streamlined token (CRO) with the combined functionality, rather than two separate tokens (CRO and MCO). All functions currently attributed to MCO will still exist and will be preserved, but will be enhanced and represented by CRO. Read the announcement for more information here.