Crown was first launched in 2014 as Crowncoin as a European based payment and investment tool. Bitcoin had consumed that market at that time. So experts did not expect this to be successful.
The team then rearranged its vision. It overhauled the method of operation to build Crown not only as a leading digital token (known as CRW), but also as a self-sustainable blockchain platform for building and running new economy applications.
Crown (CRW), a Bitcoin-based and inspiring digital token, can be used to pay for a wide variety of products and services. It can also be traded against other altcoins via various online exchanges.
Crown Platform can be used as a payment service, for proof of data integrity, and as a support structure for projects ranging from cloud businesses to various applications.
The Crown blockchain platform uses several secure servers or induced nodes to provide scalability and fault tolerance for new economy applications.
Crown Community members can set up their own incentive nodes to earn CRW tokens while helping protect the network. The team behind Crown believes it is based on two fundamental principles that affect every aspect of how the platform works: integrity and transparency.
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