Cronos Chain Partners with Galxe for ‘Summer Cruise’, the $20K CRO Promotion Starts on July 26th

Cronos has announced an exciting new initiative that will give all participants the chance to split a prize pool of $20,000, paid in CRO tokens. The event, known as the Summer Cruise, is being launched in collaboration with Galxe.

We’re excited to unveil the Cronos Summer Cruise, powered by @Galxe! ?

? 26 July, 00:00 UTC – 26 Aug, 00:00 UTC

Explore the wonders of #Cronos and stand a chance to win from USD$20k in $CRO & 7 exclusive NFTs to commemorate your journey. ?https://t.co/7x3xdoBx1t pic.twitter.com/jTiB8PJ0H2

— Cronos (@cronos_chain) July 25, 2023

The Summer Cruise initiative will incentivize users to explore the full suite of products that are available in the Cronos ecosystem. To get involved, users need to complete a series of quests that will qualify them for CRO airdrops, free NFTs, and other attractive prizes.

Non-Fungible Tokens Explained

How does the Cronos Summer Cruise work?

Cronos users can freely take part in Summer Cruise by completing a series of quests. These quests will span across the Cronos ecosystem, as users will need to connect their crypto wallet to a range of dApps on the blockchain and interact with each platforms in different ways.

Once each quest is completed, the participant will receive points. Those who collect the most points over the course of the event will have the chance to split a $20,000 prize pool paid in CRO tokens. The winners will receive a token airdrop directly into the wallet they used to interact with dApps and collect points, with rewards ranging from $1 to $1000 in value.

As well as crypto prize money, the top participants will have the chance to win unique Cronos NFTs. There are seven NFTs that can be won, with each piece of artwork being inspired by the Summer Cruise quest.

The Summer Cruise rewards system

Every quest completed will provide points to the user, with bonus points available for users who surpass expectations while interacting with certain dApps. Users can amass as many points as possible over the duration of the event, but Bonus Points are capped at 20,000 per user.

The rewards airdop, which can either be CRO tokens or an NFT (or both at the same time!), will take place 4 weeks after the conclusion of the event. The more points that are accumulated by a certain user, the higher their chance of winning.

A full breakdown of the quests can be found here.

CRO price prediction

The is $0.0584 at the time of writing. The CoinCodex price prediction algorithm forecasts a 4.86% price rise over the next 5 days, after the CRO token fell in value by 0.85% over the past 24 hours.