Over the past year, the NFT market has gradually emerged from the trough, and the overall sales of NFTs have shown a gradual upward trend.
In the first quarter market analysis of NFTs released by Binance Research, it can be seen that due to the general increase in Bitcoin, Ethereum and SOLANA market activities, NFT sales in the first quarter of 2024 have steadily increased by 27% compared to the fourth quarter of 2023.
The data shows that although the rotation sector of the crypto market has not yet reached the NFT field, many institutions and Smart Money are pouring into the NFT market and trying to find some infrastructure and projects with great growth potential.
As for NFTs in the Ethereum ecosystem, despite the impact of the BitcoinNFT market (such as NodeMonkeys, Runeston, etc.), Ethereum NFTs still have the largest sales volume.
This is mainly due to the emergence of ERC 404 represented by Pandora, which was launched in February and accumulated nearly US$180 million in sales in just one month, accounting for 12.8% of Ethereums total NFT sales in the first quarter.
Therefore, the era of PFPs NFT represented by CryptoPunks and BoredApe has passed. If Ethereum NFT wants to stand out again and lead the wave in the encryption field, it needs more innovations similar to ERC 404.
As the first IPNFT Marketplace driven by ERC 6551, it is expected to become the next outbreak point in the NFT field and has the opportunity to significantly divide the NFT market share.
What is CROWN?
The parent company behind CROWN is VUCADigital, which owns two major businesses: CROWNToken and ADOT Marketplace. Driven by ERC 6551, it redefines the value that intellectual property IPNFT brings to holders and creators in the blockchain and physical world.
Different from the traditional NFT Marketplace, ADOT is the infrastructure for the issuance and trading of intellectual property IPNFT. It empowers IPNFT through IP operations in the physical world. By putting IP images on the chain, it provides IPNFT with title confirmation and liquidity, thereby realizing the integration of IP in the blockchain and the physical world.
Moreover, as IPs business operations in the physical world develop, such as comics, movies, brand events, etc., IPNFT holders will continue to gain value, privileges and various rewards.
Currently, CROWN has obtained investments from TB (Thailands leading entertainment company, full name TB Global Media Group, founded in 2016 by Dr. Tan Hanyong (Dr. Tan for short), a social business entertainment investment company specializing in content investment and IP management); MQDC (Thailands leading international real estate developer, full name Magnolia Quality Development Corporation, affiliated to Thailands DTGO Group, founded in 1994 by Ms. Xie Chunmei, the youngest daughter of Charoen Pokphand Groups senior chairman Xie Guomin, with main businesses covering real estate development and investment.)
How does ERC 6551 empower IPNFT?
The traditional NFT incentive mechanism for holders is mainly based on airdrops of other series of NFTs and airdrops of tokens, but they are independent of each other and have not achieved perfect integration, and their value is limited by the floor price of the main NFT.
The NFT series using ERC 6551 will bring a new revolution to the crypto field. The IPNFT issued by ADOT not only represents the digital ownership of IP, but also serves as a digital asset wallet. It can store multiple tokens or NFT assets at the same time and realize one-click transfer, greatly reducing the users on-chain interaction cost.
CROWN Token Ecosystem
CROWN tokens are the core assets of the ADOT platform and are used to trade all IPNFTs on the ADOT market. They can also be used for governance, transactions, privileges, and more for the entire ecosystem.
$CROWN total supply: 140,000,000. 50% of them are open to the public (less than 5% of this part is currently open), and 2% are used for airdrop rewards. The token is currently listed on MEXC and Gate.io.
CROWN token holders’ core benefits:
1. IPNFT Launchpad whitelist rights: CROWN will launch a CROWN token staking plan in the near future. Users holding $CROWN will have the opportunity to obtain the latest IPNFT Launchpad whitelist.
2. NFT co-creation and issuance rights: Users holding $CROWN in IPNFT built based on ERC 6551 will be able to co-create IPNFT with the creator and share the profits with the IPNFT.
At the same time, $CROWN holders will be able to vote for the next series of IPNFTs to be issued. The IP with the highest number of votes will be released as IPNFT, and its voters will share a reward pool consisting of $CROWN and NFT whitelists.
The three core points of $CROWN ecosystem:
1. The financing amount of the IPNFT series issued is high
CROWN is about to launch the IPNFT of the Legend of the Two Heroes series in ADOT. The IP is expected to be released at the end of 2024, and the total investment is currently US$15 million.
As the worlds first IPNFT issued based on ERC 6551, Legend of the Two Heroes will be strongly supported by CROWN officials.
There is no official detailed introduction on the release format of Legend of the Two Heroes yet, but what is certain is that as a $CROWN holder, you will enjoy an epic first-mover advantage during the release of Legend of the Two Heroes.
For more information about CROWN, please continue to follow its official Twitter account to get the latest information: https://twitter.com/CROWNtokenclub
https://www.adotmarketplace.com/
2. CROWN tokens have a high degree of application scenarios
As a holder of CROWN tokens, you will not only have the opportunity to obtain the pre-sale whitelist and airdrop rights of the world-class IPNFT, but also obtain special access rights and share part of the revenue sharing on the AODT platform.
When CROWN hosts virtual or real concerts and events, CROWN token holders will have the opportunity to participate as guests. At the same time, as IPNFT holders, they will have access to the Metaverse of Translucia.
3. CROWN’s investors have strong backgrounds
TB Media Global is a comprehensive, 360-degree full-industry chain entertainment company headquartered in Bangkok, Thailand, covering everything from artist management and content creation to IP operations and content distribution, as well as immersive experience technologies such as virtual reality, augmented reality, and mixed reality.
TB Media Global has collaborated with many film and television entertainment companies and directors, including Mr. Andrew Gordon, co-director of Monsters, Inc. and Toy Story; the studios of Ne Zha: The Devil Child Comes into the World and A Moving Earth; and Disneys The Lion King: Tarzan.
Among them, Legend of the Two Heroes, as an upcoming movie, will be launched for the first time in the form of ERC 6551 IPNFT.
MQDC ( a major partner of Charoen Pokphand Group ) is one of the largest companies in Asia, with investments ranging from real estate development to telecommunications and digital assets.
For more information about CROWN, you can check out this Youtube video: https://www.youtube.com/watch?v=PPNioO6PhwAt=1s or follow the official Twitter: https://x.com/CROWNToken_ADOT .
