Callisto Network is a Layer 1 Ethereum-compatible smart contract solution based on a Proof-of-Work blockchain. Powered by its native cryptocurrency, CLO, it is fast, secure, allows for low-cost transactions, and is protected against 51% attacks. Rather than relying on traditional launch methods such as ICOs or pre-mined tokens, Callisto Network launched via an airdrop to the Ethereum Classic community, distributing 110,000,000 CLOs.