Crypto.com launches standalone prediction market app ‘OG’

Crypto.com has officially expanded its Web3 offerings with the launch of a new standalone prediction market application called ‘OG.’ This dedicated platform allows users to predict the outcomes of real-world events, initially focusing heavily on esports tournaments, gaming results, and broader cultural phenomena, utilizing gamified incentives and a decentralized approach.

The OG app operates natively on the Cronos Chain, Crypto.com’s proprietary EVM-compatible blockchain. This integration ensures transparent settlement and high throughput, leveraging smart contracts for the creation and resolution of prediction markets. Users can place their predictions using CRO tokens or other designated assets within the Cronos ecosystem, earning rewards when their forecasts are successful.

This launch marks a significant step for Crypto.com in expanding its utility outside of core financial services, targeting the highly engaged Web3 gaming and fan engagement sectors. The application is designed to appeal to both seasoned crypto users and mainstream fans, promising an intuitive interface combined with the security and transparency inherent in blockchain technology. The name ‘OG’ is strongly associated with the major esports organization that Crypto.com sponsors, highlighting the app’s foundational link to the global competitive gaming community.

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