The new functionality will help smart contracts and applications from other blockchains transition over to the Crypto.org ecosystem.
In the coming months, Crypto.com’s blockchain will let projects built on Ethereum transfer over to its ecosystem via Ethereum Virtual Machine, or EVM, compatibility. The company also unveiled a related fund to bolster interested projects.According to a Friday public statement from the company provided to Cointelegraph, the EVM feature goes live on the Crypto.org blockchain on July 14 of this year. “EVM support will be implemented as a side-chain,” the statement noted. Crypto.com is currently a notable entity in the crypto space, with its CRO asset ranked amid the top 50 crypto assets by market cap on CoinMarketCap as of time of publication. Crypto.com went live with its Crypto.org blockchain mainnet in March 2021. By bringing EVM to Crypto.org Chain, the company hopes to give its blockc
Źródło: https://cointelegraph.com/news/crypto-com-unveils-evm-blockchain-functionality-and-related-fund