Krown Network WiKi
KROWN NETWORK
Krown Network WiKi v2
Krown Network WiKi v2
  • Krown Network Overview
    • Social Proof
    • Letter from the Founder
    • Executive Summary
    • Problem Statement
      • Emerging Threats and Challenges
      • The Need for Krown’s Solution
    • Market Opportunity
      • Tapping Into Explosive Growth Sectors
      • A Quantum Leap Ahead of the Curve
      • Precision Timing and Tokenomics for Maximum Impact
      • An Investor’s Dream: Growth, Security, and Vision
    • Governance Structure
    • Security Model
      • Cloud Infrastructure Security: AWS and Cloudflare
      • AWS: A Secure and Scalable Cloud Foundation
      • Cloudflare: Network Protection and Performance Optimization
      • Comprehensive Security Strategy
      • Core Security Components
      • KrownHUB Login Process: Secure and User-Friendly
      • Ecosystem Safeguards
      • Conclusion
    • Use Cases
    • Team & Advisors
      • Leadership Team
      • Advisors
      • Community Engagement
      • Why Our Team Stands Out
    • Partnerships
      • Recent Partnerships: Pioneering Quantum Security in Blockchain
      • Other Strategic Partnerships: Enhancing Ecosystem Functionality
      • Looking Ahead: Future Partnerships and Opportunities
      • Conclusion: A Foundation for Long-Term Success
    • Risks & Mitigation
      • The Ecosystem’s Role in Stabilizing Krown Coin
    • Token Utility
      • Key Utility Functions of KROWN
      • A Self-Sustaining Ecosystem
      • Looking Ahead: Expanding Horizons
      • What Sets KROWN Apart
    • Competitor Analysis
      • 1. Ethereum (ETH)
      • 2. Binance Smart Chain (BSC)
      • 3. Solana (SOL)
      • 4. Avalanche (AVAX)
      • Why Krown Dominates
    • Future Vision
      • Key Long-Term Goals
    • Krown Network Overview
      • The KROWN Coin: The Heartbeat of the Ecosystem
      • The Camelot Ecosystem: A Digital Kingdom Where Crypto Thrives
      • What Sets Us Apart: Innovation Across Every Layer
      • Security and Simplicity: Built for Everyone
      • Governance: A Kingdom Ruled by Its People
      • Beyond the Digital: Expanding the Kingdom
  • Notable Features
    • 1. Unmatched Rewards System
    • 2. Scalable and Efficient PoS Blockchain
    • 3. Largest Crypto Ecosystem in the World
    • 4. Eco-Friendly and Sustainable
    • 5. Seamless Developer Experience with Smart Contracts
    • 6. Inclusive Staking for All Users
    • 7. Unparalleled Security
    • 8. Low Barriers to Entry
    • 9. Extensive Use Cases
    • The Future of Crypto is Here
  • Intro to Blockchain and Crypto
    • Introduction
    • The Evolution of Blockchain
    • Proof of Work vs. Proof of Stake
    • The Role of Cryptocurrency in a Decentralized Economy
    • Challenges and the Path Forward
  • PoS vs PoW
    • Why PoS Makes Krown Blockchain Superior
    • The Evolution of Consensus Mechanisms: From PoW to PoS
    • Proof of Work (PoW): The Traditional Model and Its Limitations
    • Proof of Stake (PoS): The Superior Alternative
    • Why Krown Blockchain’s PoS System Stands Out
  • Staking Rewards & Slashing Penalties
    • Introduction
    • Staking Rewards Without Minting New Tokens
    • Slashing Penalties
    • Benefits of a Fixed Supply Staking Model
  • The Camelot Ecosystem
    • Introduction
    • Krown Coin & How to Buy
      • Key Uses of Krown Coin (KROWN)
      • HOW TO BUY KROWN
    • Tokenomics
      • Total Supply
      • Initial Distribution and Allocation
      • Transaction Fees and Taxes (Ethereum Chain Only)
      • Tax Structure
      • Reflections
      • Charity Contributions
      • Staking Rewards
      • Economic model
  • Ecosystem Products
    • Products
      • The Krown Blockchain
      • KrownSocial
      • KrownCash
      • KrownPay
      • KrownCard
      • KrownEX
      • KrownMint
      • KrownBank
      • KrownVault
      • Krown Casino
      • Krown Explorer
      • KrownSwap
      • KrownPad
      • KrownAI
      • Krown University
      • Krown Store
      • KrownRanker
      • Krown Charities
      • Excalibur
      • Krown Agency
      • KrownSure
      • Krown Rewards
      • Krown Rewards Coin
      • KROWN the Game
      • Qastle
      • Krown Wallet
      • KrownHUB & The KrownHUB Dashboard
      • 4FSA
      • KrownAPP
      • Krown Status Coin
      • QBaaS
      • KROWN Watch
  • Special Events & Groups
    • Introduction
    • The Krown Konference (Annual)
    • Camelot Gala (Exclusive)
    • The King's Roundtable (Exclusive)
    • KrownCon Hackathon (Annual Developer Event)
  • The Krown Mining Company
    • How It Works
    • Sustainability at the Forefront
    • Growth and Scalability
  • Brand Identity
    • Brand Identity
    • Glossary
  • Important Legal Considerations
    • Legal
      • 1. Disclaimers and Limitations of Liability
      • 2. Governing Law and Jurisdiction
      • 3. Arbitration
      • 4. No Class Action
      • 5. Restricted Jurisdictions
      • 6. Risks of Using KROWN Coin
      • 7. Data Privacy
      • 8. Intellectual Property
      • 9. Tax Obligations
      • 10. Whitepaper Disclaimer
      • 11. User Responsibility
  • The Royal Journey (Roadmap)
    • Krown Network Roadmap
  • Conclusion
    • Conclusion
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On this page
  • KROWN Tokenomics
  • Total Supply
  • Initial Distribution and Allocation
  • Transaction Fees and Taxes (Ethereum Chain Only)
  • Tax Structure:
  • Reflections
  • Charity Contributions
  • Staking Rewards
  • KROWN’s economic model is designed to discourage short-term speculation while fostering sustainable growth:
  1. The Camelot Ecosystem

Tokenomics

KROWN Tokenomics

The tokenomics of Krown Coin (KROWN) are carefully crafted to ensure long-term sustainability, value appreciation, and active participation within the Camelot Ecosystem. By balancing incentives for holding, staking, and contributing to the network, KROWN establishes a robust economic model that benefits all stakeholders—holders, stakers, developers, and the broader community.

Total Supply

  • Fixed Supply: The total supply of KROWN is capped at 100,000,000,000 (100 billion) tokens, with 18 decimal places.

  • Purpose: This fixed supply prevents inflation and promotes scarcity, potentially driving value appreciation as demand grows with the expansion of the Camelot Ecosystem.

Initial Distribution and Allocation

The initial distribution of KROWN tokens is strategically allocated to foster a balanced and thriving ecosystem:

  • Public Sale (ICO/IDO):

    • 25% (25 billion KROWN)

    • Accessible to the broader community to encourage widespread participation.

  • Private Sale:

    • 10% (10 billion KROWN)

    • Distributed via an automated vesting contract: 50% unlocked at launch, 50% unlocked after 30 days.

  • Founding Fund:

    • 5% (5 billion KROWN)

    • Allocated to the founding team, vesting over 3 years starting 90 days after launch, with quarterly unlocks of 0.41667% until fully distributed.

  • Staking Rewards & Validators:

    • 12.5% (12.5 billion KROWN)

    • Reserved to reward stakers and validators, incentivizing network security and participation.

  • Liquidity Pool (LP):

    • 20% (20 billion KROWN)

    • Locked for 3 years to ensure market stability and reduce volatility.

  • Marketing & Ecosystem Development:

    • 17.5% (17.5 billion KROWN)

    • Dedicated to marketing campaigns, partnerships, and development initiatives to drive adoption and growth.

  • Charity:

    • 5% (5 billion KROWN)

    • Allocated to the Krown Charities wallet to fund global philanthropic efforts.

  • Reserves & Contingency:

    • 5% (5 billion KROWN)

    • Held in reserve for unforeseen expenses and strategic opportunities.

Transaction Fees and Taxes (Ethereum Chain Only)

While KROWN operates on the Ethereum chain, transaction taxes are implemented to incentivize long-term holding and fund ecosystem growth. These taxes will cease entirely upon migration to the Krown Chain, where KROWN becomes the native coin, and only standard gas fees will apply.

Tax Structure:

  • First 24 Hours:

    • Buy Tax: 5%

    • Sell Tax: 15%

  • After 24 Hours:

    • Buy/Transfer Tax: 5%

    • Sell Tax: 10%

Tax Distribution:

  • Buy/Transfer Tax (5%):

    • 2%: Reflections (redistributed to all KROWN holders)

    • 1%: Charity wallet

    • 1%: Liquidity pool

    • 1%: Marketing and ecosystem development

  • Sell Tax (10%):

    • 2%: Reflections (redistributed to KROWN holders)

    • 1%: Charity wallet

    • 4%: Liquidity pool

    • 1%: Marketing and ecosystem development

    • 2%: Buyback (increases the price floor stability and value of KrownCoin)

Reflections

  • Mechanism: A portion of every transaction (2% from both buy/transfer and sell taxes) is redistributed to existing KROWN holders as reflections, providing passive income and encouraging long-term holding.

  • Eligibility: Holders must maintain a minimum balance of 100,000 KROWN to receive reflections.

  • Cooling Period: Reflections are distributed every 3,600 seconds (1 hour) to ensure efficient and fair processing.

Charity Contributions

  • Allocation: 1% of every buy/transfer and sell transaction is automatically directed to the Krown Charities wallet.

  • Purpose: This ensures a consistent and sustainable funding stream for global charitable initiatives, aligning with Krown Network’s mission to give back.

6. Vesting Schedule

To promote long-term commitment and prevent early sell-offs:

  • Private Sale Tokens:

    • 50% unlocked at launch

    • 50% unlocked after 30 days

  • Team & Advisors:

    • Locked for 3 months post-launch

    • Linearly vested over 36 months thereafter

Staking Rewards

  • Allocation: 12.5% of the total supply (12.5 billion KROWN) is reserved for staking rewards.

  • Incentive: Stakers earn rewards based on their stake, supporting network security and decentralization as validators.

  • Dynamic Adjustment: Rewards adjust dynamically based on the total KROWN staked and the number of active validators, ensuring fairness and network integrity.

KROWN’s economic model is designed to discourage short-term speculation while fostering sustainable growth:

  • Sell Tax: The 10% sell tax (15% in the first 24 hours) deters quick flips, while reflections reward long-term holders.

  • Liquidity Pool: Significant allocations ensure market stability.

  • Buyback: 2% of sell transactions are used to buy back into the Krown Coin.

  • Ecosystem Funding: Continuous allocations to marketing, development, and charity keep the ecosystem vibrant and impactful.

As the native currency of the Camelot Ecosystem, KROWN will experience growing demand as users engage with decentralized finance, gaming, social platforms, and other services within the network. Upon migration to the Krown Chain, the elimination of transaction taxes will further enhance its efficiency and appeal as the ecosystem’s core asset.

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Last updated 27 days ago