Gate.io AMA with CROWN-AN EXCLUSIVE JOURNEY FROM IPS TO NFTS AND THE METAVERSE

Time: Apr 17th, 2023, 13:30 UTC
Gate.io hosted an AMA (Ask-Me-Anything) session with the representatives at CROWN in the Twitter Space.
Official Website: https://crowntoken.io
Twitter: https://twitter.com/CROWNtokenclub
Follow CROWN on Discord and Telegram

Guests

Pannathorn Lorattawut — CEO at CROWN

Demi Korntanasap — Community Manager

Maetus Chinnapha — Head of Legal

Kanin Towiwak — Head of Product

Q&A from Gate.io

Q1: Please provide a brief introduction about the project.

Pan: CROWN is the very first global entertainment token by bridging traditional intellectual properties (IPs) with blockchain technology to enhance the business and create value to CROWN Token holders and the community.

Our token holders will gain exposure to the fast-growing sectors of intellectual properties, NFTs and Metaverse, while receiving rewards, benefits, and privileges from our ecos.

Q2: What makes your project unique?

Pan: We’re backed by Asia-based conglomerates with several Web3 ventures under the umbrella. We have a backlog with years of intellectual property rights, and deep partnerships with the very best in the industry.
One of the key drivers of our project is intellectual properties with their revenue stream and growth opportunities.

Q3: Please provide some highlights of your project.

Demi: CROWN token offers an attractive exposure to all platforms in our eco spanning across the
entertainment, tech, and media industries.

CROWN
•Supported by high-quality IP projects, including animated movies, series, and platforms
•Strong eco within our group companies and partners
•Token holders:
Are able to stake tokens for various rewards, benefits, and utilities
Receive global exposure to entertainment, tech, and media industries
Gain exclusive access to our NFTs and ADOT marketplace
Receive early access to Translucia, our Metaverse for good

Q4: Please tell us some highlights of your IPs in the line-up.

Demi: As mentioned by Pan, We have a wealth of intellectual property rights built up over the years and deep partnerships with the industry’s best. Currently, our cartoon series are being aired on top platforms like Netflix, ABC and more. All of our productions are led by Academy Award-winning teams. For instance, Our upcoming fantasy animated feature film, The Forestias, is set to release in 2024, and it’s being written by the same screenwriting team that worked on The Lion King, Tarzan, and the Hunchback of Notre Dame. I’d also like to mention our most recent work, Legend of the Two Heroes, which is an action animation about two monkey kings. Once again, the screenwriting team is composed of individuals who have worked on some of Disney’s most beloved cartoons. We’ll be releasing a limited NFT collection featuring some of the characters from Legend of the Two Heroes in May, ahead of the movie release later this year. You can take a sneak peek at the first limited collection now on the ADOT platform.

Q5: Can you tell us why intellectual properties are valuable?

Maetus: We believe in the power of intellectual properties (IPs). The IPs from one story can be expanded into other fast-growing industries such as gaming, comics, novels, merchandise, series, movies, and NFTs. Combined, these industries have become a huge market that generates recurring inflows.

Q6: How are IPs linked to the CROWN Token?

Maetus: We think that blockchain technology can positively impact and disrupt the conventional way of this business as well as create added value to all stakeholders. We integrate our IPs into the blockchain industry by creating a linkage between the IPs and our token; the token then will create a linkage to the NFTs and eventually connect to the metaverse.

Q7: Can you give us an overview? In particular, please tell us about the ADOT marketplace. How is it linked to the CROWN Token?

Kanin: Through our proprietary ADOT platform, token holders can stake tokens for rewards and benefits as well as vote to select a film’s direction, character designs, art concepts, content and more. CROWN will be used to buy, sell, or bid on NFTs in the ADOT marketplace . Token holders will have a chance to join a community reward pool and receive transaction fee sharing.

Demi: These partnerships give token holders a community that celebrates fandom and brings together art appreciators, enthusiasts, and creators.

Q8: How about other entertainment platforms?

Kanin: CROWN is working with partners like live streaming platforms and e-sports. CROWN and our platform will also be their crypto payment gateway. We’re also collaborating with partners across industries.

Q9: What are the CROWN Token Economics?

Pan: We aim to provide attractive use cases, greater diversification, and global market exposure to our token holders.
Our use cases are driven by 1) intellectual property projects and its adjacent businesses like games,licensing and merchandising, NFTs, comics, theme parks; 2) ADOT platform, our NFT marketplace with a revenue/transaction fee sharing program; and 3) our Strong eco from our family of companies and partners.

Q10: What is the CROWN Token Use Case?

Demi:
•Staking for stable coins, CROWN, NFTs
•Participation and governance on projects
•Reward pools from IPs
•Transaction fee sharing
•Privileges and exclusive rights

Q11: What advantage does it offer for this voting process?

Maetus: It’s the distribution of power that comes with transparency and no boundary – a sense of ownership, part of the community. We can reach our target audience globally.

Q12: Please tell us about the Team behind the CROWN Token Project.

Demi: CROWN is a women-led, Asia-based team with the global projects and capabilities – We’re upending traditional hierarchies in the crypto industry and the larger business world – and the implications in Asia, where the landscape is generally more intertwined with the entertainment industry.

Q13: Heading a women led Web3 company, particularly in Asia, where the landscape is generally more intertwined with the entertainment industry than it is in the West so far.

Pan: The west has its Strong footprints from the blue ship companies. However, the entertainment industry and its adjacent businesses are coming back faster in Asia. The adoption of crypto and blockchain technology is also growing fast here. The merger between the two is a great force and a tailwind for our project.