Cronos (CRO) zkEVM Unveils Major Updates and Community Initiatives

Cronos
(CRO)
Labs
has
announced
a
series
of
significant
updates
and
initiatives
for
its
zkEVM
project,
according
to

official
sources.
The
updates
aim
to
enhance
the
user
experience
and
foster
community
engagement
within
the
#CROFam
ecosystem.

Latest
Testnet
Upgrades
and
Community
Engagement

The
Cronos
zkEVM
project
has
launched
the
Tethys
testnet,
marking
a
significant
milestone
in
its
development.
The
new
testnet
integrates
zkSync’s
technology,
allowing
secure
and
efficient
cross-chain
interactions
with
the
Ethereum
Mainnet.
Users
can
participate
in
testnet
quests
via
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
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
worth
of
TIA.
Ebisu’s
Bay
has
airdropped
600,000
$FRTN
tokens
to
early
users
and
launched
a
raffle
for
over
40
rare
NFTs.

Wolfswap
concluded
Season
4
of
their
rewards
campaign,
reporting
an
average
of
420
daily
traders
and
a
total
volume
of
$22
million.
Season
5
is
set
to
begin
on
June
24.
Earn
Network
also
announced
an
expansion
of
their
product
offerings
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
convertible
into
$LLT
token
rewards.
CroSkull
NFT
started
Season
8
of
their
Adventures
for
staking
Croskulls.

New
America
NFT
is
preparing
for
an
early
play
test
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
is
set
to
release
version
3.0
of
their
game,
featuring
new
play
styles,
animations,
and
characters
from
partner
projects.

Additional
Updates

Corgi
Studio
has
enhanced
their
launchpad
in
the
Creator
Lounge
on
Cronos,
adding
features
like
OnlyMeID
and
adjustable
mint
schedules.
FuryBrawl
is
incorporating
new
AI
and
3D
characters
into
Web3
games
on
Cronos
EVM.
LOAF
announced
several
initiatives,
including
a
Galxe
giveaway
and
the
release
of
the
ToastOff
game.

Crow
with
knife
($CAW)
partnered
with
Wolfswap,
directing
half
of
the
trading
fees
to
the
community
treasury.
Misteryoncro
($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
the
latest
blockchain
network
validator.
The
Cronos
Accelerator
program
also
highlighted
demo
day
presentations
from
its
latest
cohort,
offering
valuable
insights
for
users
and
startup
founders.

Image
source:
Shutterstock