CLO is a cryptocurrency, a type of digital asset, made to be used as a medium of exchange. It supports cryptography to ensure the security of the transactions and provides a decentralized model, where all the transaction information is saved on a database called a blockchain. Callisto Network is a self-sustained, self-managed and self-funded blockchain system based on the Ethereum. It uses an improved smart-contract method to ensure the smooth processes inside the ecosystem. The Callisto Network has cross chain-relation mechanisms of other blockchains like EOS.io and AION to improve the scalability. The team has built the cryptocurrency on top of the ETC to provide innovations such as a staking protocol and on-chain governance system. People who own CLO can exchange it on the Stocks.exchange and BiteBTC now. Calisto Network has been active since December 2017.