Crowns: The Core Pillar of the Seascape Network
What Are Crowns?
Crowns are the official token of the Seascape Network. Following its launch, the token will be a core pillar of a series of planned DeFi & NFT games, where savvy players will be able to increase their earnings exponentially through a variety of LP mining and NFT staking games.
Going by the CWS ticker, Crowns follow the ERC-20 standard on the Ethereum Mainnet. They can be transferred an infinite number of times between users in peer-to-peer transactions, as well as recycled through any and all games on the Seascape Network.
Crowns are designed to reward all key stakeholders of the gaming ecosystem, introduced to users via Seascape’s Flagship game, BLOCKLORDS, as a way to reward all players who play the game. This token will be the way for most players to experience the true power of DeFi gaming and the NFT economy in a fun and user-friendly way.
There are a fixed number of Crowns, totalling 10,000,000. As they flow through the economy, their value in ether fluctuates, and throughout its development, is scheduled to increase in value, fattening the pockets of players and devs alike.
What Can I do with Crowns?
The Seascape Network is set to be a fully integrated powerhouse of DeFi gaming, so the possibilities are endless.
• Buy Games and Services on the Scape Store
• Stake in Seascape Defi to earn competitive yields
• Mint and Trade Seascape standard NFT
• Create PCC (player created coins) backed by Crowns
• Validate the Seascape Network and secured the Seascape Chain
• Trade in Exchanges and profit your time spending in Seascape
These are all ways for the players to not only increase their in-game power, but also earn real profits while they have fun with the game.
How do I Earn Crowns?
The most direct way to enter the Crowns ecosystem is through purchasing them using Ether on UniSwap, or other exchanges. Similarly, there are regular player rewards and community incentives that are announced on our social media (Twitter, Telegram, etc) as well as throughout the Seascape Network.
To grow your Crowns, stake them anywhere on the Seascape Network in its existing minigames, or the growing body of games developed by players and fans.
How do I Stake Crowns?
One of the greatest benefits of any cryptocurrency is its capacity to increase in value. Just as in traditional stock markets, a good tendency is to buy and hold, rather than cash out quickly. As the value increases over time, Crowns holders can increase their maximum earnings. As the number of players staking them in the DeFi games on the Seascape Network increases, their economic value will be consequently affected. It’s typically best to play smart, and not overly cautious.
What is the Crowns Paywave system?
Every player who owns Crowns will receive a regular paywave share. The Paywave supply is taken entirely from the spent amounts of tokens in BLOCKLORDS, and from future game or platform revenues of the Crowns ecosystem, thus guaranteeing a fixed supply cap of Crowns at 10,000,000 tokens, rather than having an indefinitely growing number which can impact the economy.
This means that any amount of crowns spent in our own games will be automatically distributed back to holders on a weekly basis. Games developed by other devs will go to them with a fixed amount being distributed out of that as well, the so called “Community Fee.”
This Paywave function makes it easy to create a passive way to increase the amount for all Crowns holders, and will also make the owners stakeholders in the entire ecosystem, further pushing the growth of its community.
Stay tuned for more information on user incentives by following our social media accounts!