Learned by 89 usersPublished on 2024.04.01 Last updated on 2024.12.03
Tokens
Crown by Third Time Games, designated as $CROWN, represents an innovative stride within the digital gaming landscape, particularly focusing on the burgeoning field of virtual horse racing. Harnessing the power of blockchain technology, $CROWN aims to transform user experiences by introducing decentralized functionalities alongside real-money wagering options. The project emerges as part of the ever-evolving Web3 ecosystem, promising to reshape user interactions with virtual racing through enhanced ownership and engagement opportunities.
Crown by Third Time Games is fundamentally a utility token tailored for the Photo Finish™ LIVE virtual horse racing ecosystem. This token serves multifaceted purposes: it acts as a medium for in-game purchases, allows staking rights that demonstrate ownership of racing tracks, and serves as a reward system for successful racing endeavors. Central to the gaming ecosystem, $CROWN enables users to own and manage virtual horse racing tracks, consequently earning rewards in the form of DERBY, the dedicated in-game currency. By interlinking the concept of ownership with gaming, the project offers players a unique blend of entertainment and economic strategy.
The creative force behind Crown by Third Time Games is Third Time Games itself—a burgeoning game development studio located in Orlando, Florida. With a robust portfolio specializing in virtual horse racing, the studio has previously made a splash in the gaming world with titles like Photo Finish™ Horse Racing and Horse Racing Manager. Their experience and industry knowledge establish a solid foundation for the ambitious goals set forth in the Crown project.
While detailed information regarding specific investors involved with Crown by Third Time Games remains sparse, the project is characterized as being venture-backed, suggesting the presence of investment organizations and entities supporting its development. Such backing typically underscores investor confidence in the potential success of emerging technologies within the sector, hence, establishing a positive outlook for the project.
Crown by Third Time Games operates on the Solana blockchain and utilizes the SPL (Solana Program Library) token standard to ensure scalability and efficiency. The architecture developed for $CROWN allows users to stake their tokens and acquire “operator's licenses” for racetracks in the Photo Finish™ LIVE ecosystem.
When users participate in races, horse owners are required to pay entry fees in DERBY, which not only enhances the gaming experience but also contributes a portion of revenues to track operators. This innovative design promotes a symbiotic relationship between horse owners and track operators. The more $CROWN tokens a user owns and chooses to stake, the increased earning potential presents itself in the form of rewards, thereby marrying the principles of investment and game engagement.
The following timeline highlights significant milestones in the development and rollout of Crown by Third Time Games:
Crown by Third Time Games integrates several distinctive features that set it apart in the realm of digital gaming:
Looking ahead, the Crown project has earmarked several exciting advancements designed to further enhance user experience and game engagement:
In conclusion, Crown by Third Time Games, with its $CROWN token, stands at the forefront of a new era in digital gaming, merging traditional horse racing entertainment with cutting-edge blockchain technology. The project not only provides unique opportunities for ownership and revenue generation but also integrates a framework that emphasizes collaboration and community in virtual play. As Web3 continues to blossom and game development evolves, $CROWN appears poised to attract enthusiasts seeking both recreational enjoyment and innovative investment opportunities within the gaming arena. As the project unfolds, it will be fascinating to observe how it shapes the future of digital horse racing and the broader landscape of the crypto gaming sector.