Introducing CROWNS: Seascape Network’s Native Token
What is Seascape?
Seascape is a blockchain-based gaming platform designed around DeFi and NFT economies. The platform allows users to use their assets to mortgage and earn revenue in the game, thereby creating an ecosystem where users can benefit the same as developers. The project is building a decentralized ecosystem around the gamification of DeFi protocols and NFT assets, making them more interesting and more acceptable to the masses. Incentives are the key to the platform, enabling it to attract the best game developers, investors and users.
How does Seascape Network work?
Seascape Network functions as a game and distribution platform. It provides the necessary tools for developers and users to develop and play games on different chains. It allows DeFi concepts (such as stakeout, CDP, and yield farming) to be gamified, which means they become more interesting and competitive. This is achieved by integrating it into the game as a core function of the game and can use leaderboards and ranking systems. NFT enters the market as an economy. In this economy, the existing enterprises of the developer or user can make profit in the market.
Scape Game Store is similar to Steam because it is a digital store where users can search and purchase games. The store can also easily conduct cross-chain asset transactions between games to create a user community. The Store client can also be used to verify transactions and ensure chain security. Like many promising developments, Seascape is built on Substrate and benefits from Polkadot’s technical infrastructure.
Seascape Token
Crowns are the official token of the Seascape Network. This unique token serves as the core pillar of a series of planned DeFi & NFT games, where savvy players have been able to increase their earnings exponentially through a variety of LP mining and NFT staking games. Going by the CWS and pCWS ticker, Crowns is currently available on the Ethereum Mainnet and Binance Smart Chain network, respectively.
Crowns can be transferred in an unlimited number of times between users in a peer-to-peer transaction, and they can be recycled across every game on the Seascape Network. Crowns is used to reward all major stakeholders in the gaming ecosystem, presented to users through Seascape’s exciting games, to reward all players who play. The token has been a way for most gamers to experience the true power of DeFi gaming and the NFT economy in a fun and user-friendly way. The number of crowns is fixed, totaling 10,000,000.
As earlier stated, the Crowns token is used to reward all key stakeholders of the gaming ecosystem, as well as being the method of payment throughout the ecosystem. The token distribution is as follows:
- In-Game Mining & Platform Staking: 50%
- Foundation reserve: 15%
- Team: 10%
- Private Sale: 5.4%
- Community Reward Pool: 5%
- Liquidity Incentives: 5%
- DEX & CEX Liquidity: 5%
- Strategic Round: 4%
- Public Sale: 0.6%
Crown Token Utility
As the core of the Seascape Network, Crowns is used in many different ways across the platform.
- Crown is used as the primary payment method for purchasing games and services from the Scape store.
- They can also engage on the Seascape DeFi platform for competitive income. Using the Paywave system, Crowns holders will receive a weekly reward, which comes from the amount of tokens spent playing their games.
- Other important uses for the Crowns token include being able to mint and trade Seascape-Standard NFT using CWS, create Crowns-compatible PCC (player-created coins), and verify the Seascape network to protect Seascape Chain.
- Finally, Crowns tokens can be traded on exchanges so that users can benefit from the time they spend on the Seascape platform.
How to earn Crowns
The most direct way to enter the Crowns ecosystem is to buy them on UniSwap, Pancakeswap or other exchanges. Similarly, there are regular rewards for player and community incentives promoted on their social networks, and the entire Seascape network. To increase your crowns, you can support their existing mini games, or more and more games developed by players and fans anywhere on the Seascape Network.
How to stake Crowns
One of the greatest benefits of any cryptocurrency is its ability to add value. As with the traditional stock market, a good trend is to buy and hold instead of withdrawing quickly. As value increases over time, crown holders can increase their maximum income. As the number of players staking in DeFi games on Seascape Network increases, their economic value will be affected accordingly. In general, it is best to play smart and not be too cautious.
Conclusion
Everything from games, NFT, DeFi to the most important blockchain is on Seascape Network. These are markets that are growing and attracting new audiences, and this is where the platform-friendly nature will have the greatest impact. Seascape Network is building a comprehensive platform to reward all stakeholders for their time and effort, whether it is playing games or developing games. With such an attractive system, it is only a matter of time before Seascape attracts the interest of the wider gaming community, following the gamification wave. This project is worth seeing.
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