Crownyio gets to be one of the lucky recipients of the Serum Grant

On April 14th, Crowny announced that they were one of the recipients of the highly competitive Serum Grant along with several other applicants. This grant will allow Crowny to establish themselves as a strong cog in the user-friendly Solana ecosystem, as well as boost Serum through their innovative advertising experience.

Significance of the Grant for Crowny

Source

Crowny relies on innovative partnerships and a unique business model to locate the perfect blockchains to build their advertising platform on. Their focus lies in blockchains (such as Solana) that are cheap to use and are capable of many Transactions Per Second (TPS) in order to maximise user benefit.

Receiving the EcoSerum fund grant will allow Crowny to maximise their impact and allows them to have a direct line to establish partnerships within the ecosystem. This will help to boost Crowny, as well as the protocols partnering with them who will receive the benefits of Crowny’s advertising reach. Crowny plans to use their protocol to boost Serum by providing information to its users about Serum, as well as rewards for interacting with the brand.

About Crowny

Source

From their LinkedIn: Crowny connects and rewards users for engaging with their favourite brands, ensuring brands reach the right target audience, while protecting users’ privacy. Users receive relevant content and offers based on their preferences, allowing them to earn $CRWNY and loyalty points.

Roadmap for Crowny and Serum in the Future

The Serum and Solana ecosystems are projected to keep on growing, hence the urge for $CRWNY token to be tradeable on the DEX and have the right partner for a Solana migration later in 2021.

Crowny plans to educate users about their program using the funding from the EcoSerum grant, and to improve their advertising portfolio for their Serum and Solana users.

Conclusion

The EcoSerum grant projects to give Crowny the boost it needs to become a full-fledged member of the Solana ecosystem. Crowny’s unique model that rewards users for interacting with brands on a consistent level seems to fit right into the Solana M.O, which focuses on providing the quickest and most rewarding service for crypto users.

📰 INFO

https://www.solana.news/post/crowny-receives-grant-from-the-serum-fund

Market Stats:
BTC Dominance: 58.86%(-0.14%/24h)
ETH Dominance: 12.37%(0.00%/24h)
Defi Market Cap: $87.24B(+4.36%/24h)
Total Market Cap: $3051.84B(+0.93%/24h)
Total Trading Volume 24h: $191.68B(+19.55%/24h)
ETH Market Cap: $377.51B
Defi to ETH Ratio: 23.11%
Defi Dominance: 2.73%
Altcoin Market Cap: $1255.39B
Altcoin Volume 24h: $120.15B
Total Cryptocurrencies: 32275
Active Cryptocurrencies: 10097
Active Market Pairs: 89767
Active Exchanges: 761
Total Exchanges: 9589
BTC: 90770.3$(0.51%/1H)
ETH: 3133.48$(-0.78%/1H)
AVAX: 34.9$(-1.07%/1H)
BNB: 617.15$(-0.26%/1H)
MATIC: 0.44$(-0.62%/1H)
FTM: 0.72$(-0.48%/1H)
ADA: 0.74$(-0.31%/1H)
DOT: 5.83$(-0.53%/1H)
UNI: 9.01$(-0.8%/1H)
CAKE: 1.93$(-1.38%/1H)
SUSHI: 0.8$(-1%/1H)
ONE: 0.02$(-0.99%/1H)