Chain Boosts CRO Token Utility With 12% Council Node Rewards partners with AllNodes for Nodes Hosting

HONG KONG, April 8, 2019 /PRNewswire/ -- Today, we are pleased to announce that we have partnered with AllNodes to offer its hosting service for the Chain Council Nodes. Owning and running a Council Node gives CRO token holders the ability to earn 12% rewards per annum.

Council Nodes Role and Functions: When the Chain Mainnet goes live, Council Nodes will be entrusted with key roles on the network, including but not limited to:

  • Execute settlement;
  • Order transactions;
  • Verify all transactions;
  • Provide an escrow ("Proof of Goods & Services Delivered") service.

Council Nodes are essential to ensuring the high-performance and security of the Chain.

Council Node Rewards: Each node will be rewarded in CRO for their contribution at 12% per annum.

Minimum Deposit Level:

  • 500,000 CRO via (Full nodes with self-custody on your wallet)
  • 10,000 CRO via Wallet App (Shared nodes with custody on the App)

How to Participate:

  • Via AllNodes: We have partnered with AllNodes, the leading non-custodial, masternode hosting service. When using Allnodes, CRO tokens remain in a user's full control. You will receive node rewards directly to your wallet address.  In support of our launch, AllNodes will offer 6 months free hosting for the first 100 hosted nodes. For further details:
  • Via Wallet App (New App Feature): To own a Council Node and begin reward accruals, all it takes is a few taps on the Wallet & Card App to deposit CRO tokens directly from your app CRO wallet. This is a new app feature that goes live today.

Notes: After Chain mainnet is live, deposit & reward rules may adjust to incentivize participants to contribute to the network and adhere to performance standards.

Eligibility: Wallet App approved users except citizens and residents of Hong Kong SAR, Singapore, Switzerland or the United States of America.

About AllNodes

AllNodes is a non-custodial Masternodes hosting service, which allows you to host your Masternode in a few clicks without providing any sensitive information. Just in 4 months after launch AllNodes has become a leading service on the market (based on open data sources) ranked #1 by a total value of hosted Masternodes, recently exceeded a $20M mark. For more information please visit:

About was founded in 2016 to accelerate the world's transition to cryptocurrency. Key products include: the Wallet & Card App, the best place to buy, sell, and pay with crypto, the MCO Visa Card, a metal card with no annual fees, and the Chain, which enables users to pay and be paid in any crypto, anywhere, for free. is headquartered in Hong Kong with a 120+ strong team. For more information, please visit: Chain Boosts CRO Token Utility With 12% Council Node Rewards Chain Boosts CRO Token Utility With 12% Council Node Rewards

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