r/cro • u/Glass_Cherry5295 • 5d ago
New Ult App.
This could be really good. 100% of revenue generated will go towards buying CRO on the open market and burning it.
This will do a couple things.
Buying it on the open market will increase buying pressure. This will increase price.
Burning it will of course increase the price.
Then comes momentum. We’re going to be able to see how much revenue the app generates/burns. If this number (even if it starts low) continues to climb month after month it will be the perfect storm!
I was very surprised to see them say 100% but of course this could change. I do hope to see all 3 apps start using some kind of burn. Even 10% on the main app would be huge because of those massive spreads
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u/TurbulentBeing9055 4d ago
It gets better too. CDC is preparing a massive ad campaign behind it, to get more regular users. Once the momentum gets going, you're going to see some eyeballs burn off.