Krown Network WiKi
Official Website
Krown Network WiKi
Krown Network WiKi
  • Krown Network Overview
    • โ›ณOur Vision
    • ๐Ÿ’ŽA Kingdom Where Crypto Reigns
  • SOCIAL PROOF
  • ๐Ÿ“ƒExecutive Summary
  • ๐Ÿ“Problem Statement
  • ๐Ÿ“ˆMarket Opportunity
  • ๐Ÿ›๏ธGovernance Structure
  • ๐Ÿ›ก๏ธSecurity Model
  • ๐Ÿ’กUse Cases
  • ๐Ÿ‘ฉโ€๐ŸซTeam and Advisors
  • ๐Ÿ—ฟPartnerships
  • *๏ธRisks and Mitigation
  • ๐ŸŽฏToken Utility
  • ๐Ÿ“ถCompetitor Analysis
  • ๐Ÿ‘พFuture Vision
  • โ†—๏ธHow to Buy Krown Coin
    • CREATING A WALLET
    • ๐ŸฆŠBuy with MetaMask
    • Buy with Trust Wallet
    • Buy with ETH or BNB
    • ๐Ÿ›ƒBuy with USDT
    • ๐Ÿ’ธBuy ETH or BNB with a Card
    • Buy with BTC or Kaspa
    • Buy with DOGE or SHIB
    • Buy with Solana or XRP
    • Buy with Fantom or Cardano
  • Intro to Blockchain and Crypto
    • The Evolution of Blockchain
    • ๐Ÿ’นPoW vs. PoS
    • โ‡๏ธThe Role of Crypto in a Decentralized Economy
  • PoS vs. PoW
    • Why PoS Makes Krown Blockchain Superior
      • โš’๏ธProof of Work (PoW): The Traditional Model
      • ๐Ÿช…Proof of Stake (PoS): The Superior Alternative
      • ๐Ÿ—ปWhy Krown's PoS Blockchain is the Future
      • ๐Ÿ’ฅConclusion: PoS Is the Clear Choice for the Future
  • Staking Rewards & Slashing Penalties
    • ๐ŸคStaking Rewards Without Minting New Tokens
      • ๐Ÿ”ฆSlashing Penalties
      • ๐Ÿ’นBenefits of a Fixed Supply Staking Model
      • ๐ŸŽ›๏ธConclusion
  • ๐Ÿ‘ฝNotable Features of The Krown Network & Blockchain
    • ๐ŸŽUnmatched Rewards System
    • โš–๏ธScalable and Efficient PoS Blockchain
    • ๐ŸŽLargest Crypto Ecosystem in the World
    • ๐ŸฅˆEco-Friendly and Sustainable
    • ๐Ÿš๏ธSeamless Developer Experience with Smart Contracts
    • ๐Ÿ€Deflationary Asset Model
    • ๐ŸฆธInclusive Staking for All Users
    • ๐Ÿ”Unparalleled Security
    • ๐ŸšงLow Barriers to Entry
    • ๐ŸฏExtensive Use Cases
    • ๐Ÿ’ฑThe Future of Crypto is Here
  • Camelot Ecosystem
    • โญIntroduction
    • ๐Ÿช™Krown Coin (KROWN)
      • ๐Ÿ’ผKey Uses of Krown Coin (KROWN)
      • ๐Ÿ‡น๐Ÿ‡ฐKROWN Tokenomics
        • ๐Ÿ’ฏTotal Supply
        • ๐ŸงขDistribution and Allocation
        • ๐Ÿš–Transaction Fees and Taxes
        • ๐ŸชฉReflections
        • ๐Ÿ“‰Charity Contributions
      • ๐Ÿ’ธKROWNโ€™s Economic Model
        • Initial Distribution
        • Transaction Fees
  • ๐Ÿ‡ซ๐Ÿ‡ฒThe Krown Blockchain
  • KrownSocial
  • ๐Ÿ’ฒKrownCash
  • KrownPay
  • โ™ฃ๏ธKrownCard
  • โญ๏ธKrownEX
  • ๐ŸŽจKrownMint
  • KrownBank
  • KrownVault
  • Krown Casino
  • Krown Explorer
  • KrownSwap
  • ๐Ÿ“KrownPad
  • KrownAI
  • ๐ŸซKrown University
  • ๐ŸชKrown Store
  • ๐Ÿ‡KrownRanker
  • Krown Charities
  • Excalibur
  • ๐Ÿš๏ธKrown Agency
  • KrownSure
  • ๐Ÿ›ŸKrown Rewards
  • Krown Physical Coin
  • ๐ŸŽฎKROWN (The Game)
  • ๐Ÿ—ณ๏ธKrown Wallet
  • The Royal Journey (Roadmap)
    • Year 1 (2024-25)
    • Year 2 (2026)
    • Year 3 (2027)
  • Special Events & Groups
    • The Krown Konference (Annual)
    • ๐ŸŽฉCamelot Gala (Exclusive)
    • ๐Ÿ‡ง๐Ÿ‡ฎThe Roundtable (Inner Circle)
    • ๐ŸKrownCon Hackathon (Annual Developer Event)
  • Brand Identity
    • ๐Ÿ”ฎSlogan & Font
    • Main Logo
    • KrownCoin Logo
  • Glossary
  • Important Legal Considerations
    • Disclaimers and Limitations of Liability
    • Governing Law and Jurisdiction
    • Arbitration
    • No Class Action
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On this page
  • 1. Transaction Fees
  • 2. Staking and Network Security
  • 3. Governance
  • 4. Rewards and Incentives
  • 5. Purchases Across the Ecosystem
  1. Camelot Ecosystem
  2. Krown Coin (KROWN)

Key Uses of Krown Coin (KROWN)

1. Transaction Fees

KROWN is used to pay transaction fees within the Krown Blockchain, ensuring that the network remains functional and secure. The low-fee structure allows for affordable, fast transactions, making KROWN an attractive option for users and developers alike.

2. Staking and Network Security

KROWN holders can stake their coins to become validators on the Krown Blockchain, helping to secure the network. In return, stakers earn rewards in KROWN, creating an incentive for participation while maintaining the decentralized nature of the network. Validators are chosen based on the amount of KROWN they have staked, with larger stakes increasing the chances of being selected to validate new blocks.

3. Governance

As part of the decentralized nature of the Krown Network, KROWN holders have the power to participate in governance. By holding and staking KROWN, users can vote on key decisions regarding network upgrades, protocol changes, and the overall direction of the ecosystem. This decentralized governance model ensures that all stakeholders have a voice in the future of the network.

4. Rewards and Incentives

Through staking and participation in various Camelot ecosystem services, users can earn KROWN as rewards. This includes participating in the Krown Rewards program, sharing referral links, and more. Additionally, holding KROWN unlocks exclusive perks within the ecosystem, from merchandise to event access.

5. Purchases Across the Ecosystem

KROWN is the primary currency used across the many products and services in the Camelot Ecosystem, including the Krown Casino, KrownMint (NFT Marketplace), and KrownSocial. Whether users are purchasing NFTs, playing casino games, or making everyday transactions with KrownPay, KROWN enables seamless integration across all platforms.

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Last updated 7 months ago

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