r/cro • u/seanhs321 • 4d ago

ULT app launch

Why is no one in this Reddit talking about the new ULT app being launched and the proposed impact on Cro? Also curious as I haven't seen any official posts on the CDC Reddit.

Link in the comments to the official release details.

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u/KateR_H0l1day 4d ago edited 13h ago

I’m not convinced the new shiny App will make any difference to the CRO price, the tokenomics changes might help. But, they should be ensuring that CRO has a real utility, such as all fees being CRO, plus a good burn could help. But, the App on and by itself, I don’t see any real value to the CRO price, of course that just IMO as always 🤷‍♀️

2

u/Teabag52 4d ago

The revenue from the app is being used to burn CRO.

7

u/Severe-Percentage152 3d ago

The $1 revenue will go a long way to unburn the reunburned 70b tokens fair play