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