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What is CWS

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1. What is CWS?

Introduction to CWS Cryptocurrency (Seascape Crowns)

  • Overview: Seascape Crowns (CWS) is a cryptocurrency that is part of the Seascape ecosystem. Seascape is a blockchain-based gaming and financial platform designed to offer users a new way to play games and earn cryptocurrency.

  • Features:

  • Decentralization: CWS is built on blockchain technology, featuring decentralized characteristics that allow users to trade and manage assets without centralized control.

  • Gaming and Financial Applications: The Seascape platform offers various gaming and financial applications, allowing users to earn CWS by participating in games and other activities.

  • Community-Driven: The Seascape community plays a crucial role in the development and management of CWS, allowing users to participate in community activities and decision-making processes.

  • Technical Foundation:

  • Blockchain Technology: CWS utilizes blockchain technology to record transactions and manage assets, ensuring security and transparency.

  • Smart Contracts: The Seascape platform employs smart contracts to automatically execute transactions and other operations, enhancing efficiency and reliability.

  • Use Cases:

  • Gaming: CWS can be used in various games on the Seascape platform, allowing users to earn CWS through gameplay.

  • Financial Applications: CWS can be utilised in financial applications on the Seascape platform, such as lending and trading.

In summary, Seascape Crowns (CWS) is a blockchain-based cryptocurrency primarily used for gaming and financial applications on the Seascape platform. It features decentralization, community-driven initiatives, and security transparency, providing a new way to play games and earn cryptocurrency.

2. Who founded CWS?

The cryptocurrency CWS (Seascape Crowns) was launched by Seascape Games. Seascape Games is a game development company aiming to provide a method for gamers and platform users to create an incentivised gaming ecosystem.

3. Which venture capital firms invested in CWS?

According to the provided information, below are the mentioned venture capital investments related to cryptocurrency:

  1. Libertus Capital: Led a $7.5 million funding round for Sky Mavis, the parent company of Axie Infinity.
  2. Blocktower Capital: Participated in a $7.5 million funding round for Sky Mavis, the parent company of Axie Infinity.
  3. Konvoy Ventures: Participated in a $7.5 million funding round for Sky Mavis, the parent company of Axie Infinity.
  4. Collab Currency: Derek Schloss and Stephen McKeon participated in a $7.5 million funding round for Sky Mavis, the parent company of Axie Infinity.
  5. Mark Cuban: Participated in a $7.5 million funding round for Sky Mavis, the parent company of Axie Infinity, and the $23 million Series A funding for OpenSea.
  6. a16z: Led a $23 million Series A funding round and a $100 million Series B funding round for OpenSea.
  7. Cultural Leadership Fund: Participated in a $23 million Series A funding round for OpenSea.
  8. Ron Conway, Tim Ferriss, Belinda Johnson, Naval Ravikant, Ben Silberman: Participated as angel investors in a $23 million Series A funding round for OpenSea.

This information primarily stems from the investment activities in the cryptocurrency and NFT sectors in 2021.

4. How does CWS work?

CWS (Crown Token) is a cryptocurrency that is part of the Seascape Games ecosystem. Here’s how it operates:

  1. Purpose: CWS aims to reward key stakeholders within the gaming ecosystem, including gamers and platform users. It incentivizes user participation in games and transactions in various ways.

  2. Usage: CWS can be used for multiple purposes, such as acquiring LP tokens (for Profit Circus, Seascape's first LP mining-based DeFi game), minting Seascape's original NFTs, etc.

  3. Trading: CWS can be purchased and traded through cryptocurrency exchanges. Users can buy CWS using fiat currencies (like USD, EUR, etc.) via credit card, ACH transfers, or wire transfers.

  4. Storage: CWS is stored in digital wallets. Users can create a Crowns wallet and connect it to exchanges or other services to store and manage CWS.

  5. Security: CWS employs blockchain technology featuring decentralization, immutability, and consensus mechanisms, ensuring security and transparency in transactions.

In summary, CWS is a blockchain-based cryptocurrency used to reward and incentivise users within the Seascape Games ecosystem, facilitating trading and storage through exchanges and digital wallets.

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