CROWN Token Project, one of the top blockchain technology projects that provide access to entertainment, media, and tech industries, has announced that it will grant its token holders the right to vote on the character design of the three multi-million dollar animated films by T&B Media Global.
Each film has an estimated budget of $15-16 million. The films also hired Academy Award-winning production teams who had worked on various successful films, such as Disney's Lion King, Newsies, and the Hunchback of Notre Dame.
Film Industry: Then and Now
Usually, consumers only get to comment on the film when the piece is released to the public. At the same time, film producers only hear the viewers' side after millions have invested, which is too late to change and adjust elements to suit the consumers' needs. This tradition not only hinders film producers from creating more innovative films but also limits the viewers' cinematic experience.
Blockchain Explained: What Is a Blockchain?
A blockchain is a digital ledger of transactions shared across different computer networks. It electronically stores assets such as intellectual property, patents, copyrights, and branding in digital formats. Blockchain is most popularly known for its role in NFT and cryptocurrencies such as Bitcoin and Ethereum.
Blockchain is also considered a database, but it differs in how the data is stored and structured compared to conventional databases. Most databases store data in rows, columns, tables, and files. On the other hand, blockchain stores information in groups, also known as blocks. These blocks are digitally chained together. Once a block is filled, it will be linked to a previously filled block.
Blockchain Technology Explained: What Is Blockchain Technology and How Does It Work?
Blockchain technology refers to a decentralized record-keeping technology that records digital assets. The assets stored in a blockchain are immutable and irreversible, making the technology secure.
It is a distributed ledger that stores assets in multiple places simultaneously. Each computer in a blockchain network has a copy of the ledger, which prevents a single point of failure. With blockchain technology companies, all copies of the data are updated simultaneously.
Blockchain Technology CROWN Token Project and the Entertainment Scene
Through the sale of its tokens, one of the leading blockchain technology projects, CROWN Token Project, gives its fans the one-of-a-kind opportunity to vote on upcoming films. Fans are paired with a film production team and can vote for upcoming films, as well as the characters and creative design they like the most.
The voting begins with Looking for Gods, Forestias, and Blue City, the three upcoming films of T&B Media Global. The leading Thai entertainment project also secured a partnership with Ideomotor, a renowned animation production studio behind League of Legends.
Holders will start voting by selecting from the three films and then choosing the character for the said piece. Token holders will also participate in staking and earn rewards with stable coins (USDT).
CROWN Token Use Cases
CROWN Token is built on the Ethereum (ERC20) blockchain with token address 0xF3Bb9F16677F2B86EfD1DFca1c141A99783Fde58. It has a total supply of 140,000,000 tokens.
Alongside providing access to the entertainment industry, one of the top blockchain technology projects, CROWN Token Project, offers more potential use cases to its token holders.
Staking for Rewards
Rewards pools - stable coins, crown
Community reward pools
Transaction fee sharing
Privileges and Exclusivity
Exclusive access to special events
Participation in whitelists and airdrops
Access to special NFT collection auctions
Participate in Project Direction
Vote for art concepts
Narrative direction of certain movies and series
Animated Character Ad Banner
Right to appear in an animated film
Advertising banner
ADOT NFT Marketplace
Buy, sell, and bid NFTs
NFT airdrop from CROWN and its partners' projects
Trading fee sharing
Partnership Campaign
Collaboration with partners and ADOT
Metaverse
Privilege to Translucia metaverse
Bridge to use Translucia
CROWN Token: Roadmap for 2023
ADOT 1.0
NFT Mittaria x ADOT Platform x Crown
Opening of animated character design voting
E-sports collaboration
Real-estate collaboration
Film collaboration
Additional international exchange listings
Comics, games, and IP collaboration
CROWN Token Distribution
Breakdown of CROWN Token distribution:
50% General Public
18% Institutional Investors
10% Private Placement
10% Reserve
10% Founders
2% Airdrop
More About the CROWN Token Project
CROWN Token Project is one of the leading blockchain technology projects that aims to be a token for the entertainment, media, and tech industries. It bridges traditional IPs with blockchain technology to enhance the core business and provide additional value to IP owners and the community.
This project is developed and managed by VUCA Digital, a blockchain consulting firm and an affiliate of T&B Media Global. With CROWN, the audience has a say in the film. They are part of the story. Through CROWN Token Project's proprietary ADOT platform, token holders can vote to choose a film's direction, character designs, art concepts, or the content that T&B and its partners will produce.
CROWN Token Project is a women-led Thai project led by Pannathorn (Pan) Lorattawut, CEO of VUCA Digital. She joined T&B Media Global in 2019 as the Chief Business Development Officer. Since then, Pan has been working on tokenization and digital solutions for asset projects. Afterward, she assumed the role of Chief Executive Officer for VUCA Digital. As the CEO, Pan oversees the digitized assets and consulting businesses. She has been in the financial service industry for over 20 years. Today, she manages the T&B group's investments, fintech, digital assets, strategy, and business development.
