Is Crypto com coin on the Rise with the CRO World Cup? 10,000 NFTs will be supported on Crypto.com’s blockchain based on “heatmaps” of World Cup matches.
Crypto.com’s CRO token increased in value on Monday following news that the exchange is partnering with Coca-Cola to issue a series of non-fungible tokens (NFTs) celebrating the 2022 FIFA World Cup. Cup in Qatar. CRO was up as high as 10% after press release, and although it is down to 8.5% leading up to the report, CRO is still one of the best performing digital assets of the day.
However, CRO remains around 50% down over the past month and FTX is related to the fall in the cryptocurrency market. CRO is down almost 90% year over year.
Crypto.com says it will accept 10,000 NFTs created by Coca-Cola and digital artist GMUNK on its blockchain. The NFT was developed by tracking the game’s “heatmaps” during the Qatar World Cup.
Fans can buy NFT after opening an account on the Crypto.com NFT platform. For a chance to win a Coca-Cola “Magic Piece” NFT, fans can register on the Coca-Cola fanzone website.
“This year’s FIFA World Cup will be the first to use Web3 technology,” Steven Kalifowitz, head of marketing at Crypto.com, said in a release. “It is an honor to partner with Coca-Cola and GMUNK to commemorate these historic games that will last forever on the blockchain. Together, we are creating a whole new kind of memory.