What exactly is Chronology (CRNO), and how is it different from Shiba Inu (SHIB)?
Since the inception of the crypto world, various types of platforms and tokens have been created. While projects such as Shiba Inu (SHIB) vs Chronology (CRNO) have used meme coins, newer projects such as Chronoly have started using real-world assets.
But what exactly is Chronology (CRNO), and how is it different from Shiba Inu (SHIB)?
What is Chronology?
The first blockchain-based platform that allows users to buy and sell rare watches, including those from some of the world’s most prominent brands such as Richard Mille Audemars Piguet, Rolex, and Phillippe, is currently in its pre-sale phase.
On the Chronology ecosystem, users can:
Through a decentralized ledger, the platform can digitally verify the authenticity of pre-owned luxury watches.
With the Chronology platform, users can borrow against their watches at competitive interest rates. They can also trade their NFTs in real-world watches.
Through the platform, users can also redeem their physical watch by acquiring 100% of its NFT fractions. It then ships it to any country in the world.
CRNO: Chronoly’s Native Token
The utility token that will be issued by the platform will allow users to access various features of the platform.
Staking
CRNO token holders can stake their tokens in Chronoly’s lending pool to generate a passive income.
Rewards Pool
Every month, the platform will hold a live watch lottery. During the event, the first-place winner will receive a Rolex watch. The second and third place winners will receive cash.
Shiba Inu is a meme-based digital token that was created by Ryoshi, an anonymous individual. Like Dogecoin, it was inspired by the Shiba Inu meme.
Discounts
CRNO token holders will qualify for the following discounts on the marketplace:
Up to 30% off on transaction fees
Up to 30% off on storage fees
Up to 30% off on Metaverse Wealth Club membership fees
The discounts will work on a tiered system that is explained in Chrololy’s whitepaper.
What is Shiba Inu?
Shiba Inu is a meme-based digital token that was created by Ryoshi, an anonymous individual. Like Dogecoin, it was inspired by the Shiba Inu meme.
In its white paper, Shiba Inu describes itself as a community-based project. The Shiba Army, which is the organization that is responsible for the development of the SHIB digital currency, is also involved in the project’s operations.
It’s a peer-to-peer digital payment system that can be used by businesses to make various transactions. In 2022, over 600 businesses have already accepted the SHIB as their payment method.
Will SHIB or CRNO explode this month?
While SHIB has been around for a while, its success has been mostly based on the hype and not its technical advantages.
Despite being a peer-to-peer digital payment system, SHIB is not widely used as a payment method.
The value of the SHIB is derived from the intrinsic worth of luxury watches, which are backed by the CRNO token. As the market for luxury watches gets ready for its arrival, many people are already planning their moves.
The first phase of the CRNO token’s presale will end on May 28, 2022. The second phase will start on June 1, 2022.
Although only experts can buy the first phase of the sale, this could be a great opportunity for new investors.
For more information on presale:
Presale: https://presale.chronoly.io/register
Website: https://chronoly.io/
Telegram: https://t.me/Chronolyio
Twitter: https://twitter.com/Chronolyio
Disclaimer: The information contained in this article has been provided for educational purposes only and should not be considered investment or financial advice. Before making any decisions, it is important that you thoroughly research and consult with a financial advisor.
