CROWN, basic information about this utility token. Find out about the purpose and characteristics of the token and its ecosystem.
CROWN is a crypto-currency that allows you to become a racetrack owner in a true-to-life virtual horse racing ecosystem. The project aims to empower, engage and motivate the 600 million fans of the sport worldwide in a profoundly new way.
CROWN is the utility token of the Photo Finish™ LIVE virtual horse racing ecosystem created by Third Time Entertainment, a development studio whose previous horse racing games have been downloaded nearly 15 million times worldwide.
Players stake CROWN tokens to proportionally own race tracks and receive a percentage of race entry fees in the form of DERBY, the in-game virtual currency.
Crown in a nutshell:
An innovative model of decentralized racetrack ownership, designed to last over time. The future of virtual horse racing.
This token is a market traded, native SPL token built on the Solana blockchain.
The use of the Solana blockchain and the SPL token standard gives this token several key advantages:
- High Speed: Solana’s preeminent transaction processing capabilities ensure that ecosystem transactions are executed efficiently and seamlessly, enabling a superior user experience.
- Low Fees: With Solana’s low transaction fees, the holders of this token can perform various operations, such as staking and transfers, for de minimis costs.
- Scalability: Solana’s scalable architecture ensures that the Photo Finish ™LIVE ecosystem can grow and adapt to increasing demand without compromising speed or performance.
- Security: The robust security features of the Solana blockchain provide a secure and reliable foundation for the Photo Finish™ LIVE ecosystem, ensuring the safety of user assets and transactions.
Total supply (fixed): 250,000,000 $CROWN
Staking Rewards: 125,000,000 $CROWN (50%)
Team & Investors: 70,000,000 $CROWN (28%)
Ecosystem: 55,000,000 $CROWN (22%)
It is fair to say that those who follow GameFi news should be very interested in this ecosystem, so here is another good reason.
Photo Finish™ LIVE, introduction:
Photo Finish™ LIVE is a play-to-earn virtual horse racing ecosystem where you can race against other real life owners and create generations and generations of unique offspring featuring the most advanced simulated genetic breeding algorithm in the world. Utilized by NBC Sports. Official game of the Kentucky Derby!