The development of the blockchain ecosystem is finding new applications with NFTs (Non-Fungible Tokens) whose market is booming, and the real-time auction solution on the blockchain positions it as one of the future strategic players in this new market.

The world is on the verge of a new economic boom in the digital assets referred to by the Non-Fungible Tokens (NFT).

NFTs are unique and singular tokens, which are mainly found on the Particl blockchain (PART) in the form of NFT tokens, giving them individual properties and identities.

At the end of 2017, the NFTs made a sensational entry into the blockchain world, with the success of the cryptokitties (NFT ERC721) which triggered an unprecedented craze for the NFTs, even going so far as to congest the Ethereum network. As proof, the cryptokitties market alone generated $12 million in the first two weeks and $25 million in total. Some cryptokitties with rare characteristics even sold for 250 ETH.

The advantage of the NFTs is that each token is completely unique and cannot be confused with another. The market for NFTs is not limited to cryptokits: the characteristics of these tokens allow applications in gaming, digital art, title deeds, software licensing, advertising, betting, event tickets or even hotel rooms to name just a few examples.

Particl (PART) will eventually deploy the auction platform on the blockchain for the NFTs.

This booming market opens the way to new opportunities and the emergence of a new sector. This is why Particl, with its dedicated auction ecosystem, has chosen to position itself as a pioneer in the world of NFTs. As a reminder, Particl aims to revolutionize the world of auctions thanks to its unique application of blockchain technology. The Particl blockchain (PART) provides a secure and fast platform where all auction-related transactions are recorded in a dedicated blockchain. This innovative project was made possible thanks to the admirable work of Particl developers.

Today, the Particl team is refining Particl's strategy by positioning the platform as the first 100% blockchain application to auction Non-Fungible Tokens (NFT).

Currently in the development phase, the Particl (PART) NFT pilot test project has just reached an important milestone with the addition of the payment guarantee which is a guarantee of confidence for the seller. The latter ensures that the seller receives the money linked to the sale of his item at auction.

The next step of the Particl (PART) roadmap is to ensure the delivery guarantee for the buyer, who will then be certain to receive the item he has bid on. The application (wallet) can be used by anyone, whether it is to sell an NFT by auction, to participate in a sale by bidding, or to promote one's own bid. Starting this year, it will be possible to buy and sell NFTs at auction on the Particl platform (PART). Register now on Particl to be informed in preview of the progress of the project.

During the audit they transform the data from the chain of blocks for better analysis then normalize the chain events into a single standard model and then map the off-chain efforts to the chain results. Behavioural models reveal asset flows from users, miners in the cases involved, validators and other stakeholders to trades and portfolios. They also segment and aggregate user groups to show concentrations of activity, the level of activity of a user base over time, and user retention rates.

They go far beyond simple block browsers and query services to understand what matters most and improve the value of networks.

The other part of the audit concerns the hidden parts of the ecosystem.

Concretely they segment into 3 parts:

- Speculators / Addresses carrying out transactions with exchanges with no other use.
- Holders / Addresses that strictly accumulate crypto-money without further distribution.
- Users / Addresses that use a project for its intended purpose.

Then applying behavioral modeling to addresses and transactions on the block chain or a particular targeted token contract, they use these components to highlight good and bad examples of user behavior that can have a positive impact on price; and to isolate previously hidden trails on the ecosystem of a token or coin in this case Crown CRW.

At another stage, all audited data flows through their pipelines. Their data science transforms this data into a more thoughtful FCAS score that also provides higher fidelity data analysis. At the end of the analyzed pipeline program, you will receive a higher fidelity FCAS score and an analytical dashboard. It seems to me that FCAS scores are provided on a scale of 0 to 1,000 points with a corresponding letter grade. The breakpoints are based on the standard deviations in the distributions of the underlying components.

The numerical score is derived from a combination of classical statistics with Bayesian approaches to provide a simple score for each metric. The scores are only intended to be statements of opinion on the relative health of applicable cryptography projects based on the available data.

CROWN's exploration of blockchain technology is focused on its private and public implementations and is developing NFT tokenization, an unprecedented opportunity for the company.

A token is a numerical representation of an underlying asset. It can be an intangible asset (a right, financial instrument, other crypto-active) or a physical asset (a property, a work of art). In the context of the blockchain, the tokens are governed by the protocol itself, or by "smart contracts" deployed by their owner, who is thus the issuer of the tokens. Issuing tokens on a blockchain, known as "tokenization" of assets, opens up many opportunities for companies.

From a technological point of view, tokens can be used for data and/or value transfers. Their use could reduce transaction costs and also shorten the time usually needed to complete the transaction. These are two significant benefits.

Take the example of a supply chain. De facto, it generates a whole arsenal of complex contracts between suppliers, manufacturers, retailers, etc., and the supply chain is a complex and complex process. When all the terms of a contract are not respected by one of the parties involved, a lengthy bureaucratic process is often required to resolve the dispute and possibly demand financial compensation.

With a "smart contract", the automatic transfer of value takes place if and only if all the conditions of the contract are met. In this way, each partner can avoid cumbersome and costly procedures in the event of a breach of their respective obligations.

CROWN can also strengthen financial inclusion.
Another opportunity arising from tokenization is to make the current financial ecosystem more accessible. We know, for example, that even today, in the Middle East and North Africa, 52% of men and only 35% of women have a bank account, and I am not even talking about certain South American states that need one. In the Philippines, rural banks are not connected to any electronic banking services, and they do not provide access to national and international money transfer networks.

However, a "stable corner", i.e. a so-called stable crypto-active, because immune to the volatility of its price and offering at all times parity with a legal short currency, could make it possible to develop an open and easily accessible payment network - thanks to a simple mobile phone - even in regions where banking and payment institutions are malfunctioning. Stable corners could also be used for interbank remittances by consolidating the execution of transactions on a single platform.

CROWN's deployed technology can make illiquid assets liquid because tokens can also be used to represent all or a fraction of a real-world entity (gold, oil, real estate, etc.).  

Indeed, tokenization allows to split traditionally illiquid assets into smaller and thus more liquid components, a valuable asset to boost the exchange of these assets. Some companies are also embarking on this adventure, for example IoT-IT and its sale of a tokenised house on the Crown network.

Thus, by allowing the splitting of assets, tokenization could reinvigorate trade while reducing illiquidity premiums.

+1 In practice the combination of tokenization and the use of public block chains is the next step that companies must take in order to benefit from all the promises of this technological innovation. While the adoption by companies of a "permitted" private blockchain is a tangible sign of the interest of this technology, they should not miss the opportunities offered by the tokenisation of assets on the public blockchain.

While a Crown private chain can potentially improve the efficiency of business processes, the Crown public chain has clear comparative advantages and is creating innovative business models every day that can unlock untapped value within companies. The next challenge is for companies to take the plunge and consider tokenizing assets on the public network to match the revolution that the public blockchain has set in motion.

You're welcome, web 3.0 is a direct inclusion into the future I'll be happy to write you how CROWN can have a major role, I'll tell you all this when I come back later.