CROWNFUNDING: EXCITING TIMES AHEAD!

[Stonehedge]

CROWNFUNDING: EXCITING TIMES AHEAD!

Crown is ripe to expand in certain areas, and a huge opportunity to do just that has presented itself.

For legal reasons we can’t disclose the details, but we are very excited, and you should be too. Expect some big news in the next two to three months.

In order to make this happen, USD 100k needs to be raised. We firmly believe that this news is of enormous value to the project.

What can you do?

The Community is invited to contribute to this effort. Donations in either CRW or BTC (the payment will be made in BTC) can be sent until january 15th to this address:
1G3UEVQTpCgNVQwd1Xpjj1aYzDxNxWwQU3

Check the live progress here:

https://crown.tech/crownfunding

BTC balance: https://blockchain.info/address/1G3UEVQTpCgNVQwd1Xpjj1aYzDxNxWwQU3

CRW balance:
https://chainz.cryptoid.info/crw/search.dws?q=1G3UEVQTpCgNVQwd1Xpjj1aYzDxNxWwQU3

FAQ:

But $100k is a lot of money?

We completely agree. At Crown we work responsibly into growing a sustainable platform. We are aware of our resources, and put a lot of effort into making decisions that help grow the project. We feel that this is one of those decisions.
In other words: Yes, this will be that big!

Why isn't this coming from the dev fund or the proposal system?

The development fund is, as it says on the tin, for funding the development of roadmap items.  This opportunity was unexpected and not part of our budget for 2018. The proposal system is full of important community activities and we do not want to impact that by requesting such a large amount of money.

Should we surpass the set goal because of extra donations or a BTC/USD price increase, any surplus funds will go towards similar goals, about which we will of course be as transparent as possible.

Who is responsible for the fund?

Our long-standing team member Dan Ames (stonehedge) will manage the fund and will be responsible for handling the process. All coin movements will be accounted for publicly.

When do I find out what this mystery is about?

We can’t say for certain, but we expect that the process will take 2-3 months after the funding requirements have been met.

[higherbridge]

WE HAVE REACHED 100% ALREADY!

Thank you all so much for achieving this incredible milestone and for your generosity which allowed us to reach our goals within 24hrs!

[Twister]

Crownfunding update

In January 2018 the below quoted Crownfunding campaign was setup with the goal of making Crown more accessible and decentralized for community members to acquire, by being added on an additional top quality exchange.
Your support was asked, and very generously given. Within 24hours the target of 100k$ was reached, and blown away shortly after - demonstrating the strength and resilience of the Crown network.

Blockchain technology has been evolving at a rapid pace, paired with lots of failure, trials & error and all the wild west scenarios that thrive in such an unregulated space. This meant that the journey of pursuing what we set out to do with this campaign was a more difficult one than anticipated at that time. We had to deal with multiple no shows and worse...

However due to the strong fundamentals of the crown platform and the perseverance of our community (especially @olya_crypto), we now have secured the objective: Crown is traded on Upbit, a top 10 quality exchange. Upbit will help provide access to the Crown token, and on top of that is a hub to the Asian community. Besides Upbit, Crown is also strategically represented on the decentralized exchange cryptobridge.

What comes next
We are in the middle of the switch to Proof of Stake right now. The testnet is soon expected to be live, with the switch to mainnet complete around the end of 2018, beginning of 2019.
In parallel to this, a minimal viable API is being developed, enabling blockchain as a service usecases to be deployed on the Crown network. So stay tuned for that.

- Crown core team