CrownPrice

(CRW)

Crown is a decentralized platform that integrates cloud engineering with blockchain technology to support a "new economy." It provides a secure environment for building decentralized applications, focusing on payments, NFT-based asset registries, and decentralized governance. The CRW token serves several roles: it is used for payments within the platform, required for staking to run Masternodes or Systemnodes, used for voting on governance proposals, and required for minting and registering digital or physical assets as NFTs on the Crown blockchain.

The Crown network utilizes a two-tier node system to ensure security and stability. A Masternode requires a collateral of 10,000 CRW; these nodes manage governance voting and receive a higher portion of block rewards. A Systemnode is a lower-tier option requiring 500 CRW collateral. While Systemnodes also help secure the network and earn rewards, they generally have less voting influence than Masternodes. Both tiers are incentivized to maintain the network and process transactions.

Crown operates as a Decentralized Autonomous Organization (DAO). Community members can submit proposals for project developments, such as marketing initiatives or technical upgrades. Only node operators (those running Masternodes or Systemnodes) are eligible to vote on these proposals. If a proposal gains at least 10% net support from the network contributors, it is automatically funded from the project's decentralized budget, allowing the community to direct the platform's growth.

While Crown originally launched as a fork of a major Proof of Work blockchain, it has transitioned to a hybrid consensus model known as MNPOS (Masternode Proof of Stake). This transition makes the network more energy-efficient and scalable. Regarding interoperability, Crown has expanded into multi-chain ecosystems through airdrops to users of major decentralized networks and the development of bridges to leading EVM-compatible chains. This allows for the use of Wrapped Crown and the sharing of NFT metadata across different blockchains.

No. There is a common confusion between the Crown (CRW) cryptocurrency and a sweepstakes entity called "Crown Coins Casino." The Crown (CRW) project is a legitimate, decentralized blockchain platform focused on infrastructure, governance, and asset registration. It is entirely separate from any gambling or casino entities. Users are encouraged to verify they are interacting with the official Crown blockchain ecosystem to avoid confusion with unrelated third-party sites.

Unlike standard digital art, Crown’s NFT framework is specifically designed for professional and legal asset registration. Users can register the ownership of physical items, legal documents, or digital intellectual property on the blockchain, creating a permanent and traceable record. For those looking to participate in the ecosystem, CRW can be found on trading platforms such as LBank, where it is typically paired against major assets like BTC or USDT.