Crown by Third Time Games (CRWN) Research Report

Crown's Positioning and Significance

Crown (CRWN) represents a gaming-focused digital asset within the Photo Finish™ LIVE ecosystem, a pioneering play-to-earn virtual horse racing platform. Led by Ian Cummings, former Creative Director of EA Sports Madden NFL, Crown is positioned at the intersection of gaming, blockchain technology, and real-world entertainment partnerships.

As an official gaming partner of the Kentucky Derby, Crown plays a central role in a unique ecosystem where players can compete against real-life horse owners, breed unique offspring using advanced simulated genetic algorithms, and earn real monetary rewards. Since 2023, players have accumulated over $40 million in real money rewards, demonstrating substantial economic activity within the platform.

As of December 24, 2025, Crown has established a user base of 15,469 holders across the Solana blockchain network, with a market capitalization of approximately $4.2 million and a fully diluted valuation maintaining parity with current market cap.

Origins and Development History

Background and Foundation

Crown emerged from the Photo Finish™ LIVE ecosystem, which builds upon over a decade of proven experience providing 3D virtual simulations of the Kentucky Derby to NBC Sports. The project addresses a significant gap in the gaming industry: creating authentic, profitable play-to-earn gaming experiences with real-world legitimacy and institutional partnerships.

The platform leverages cutting-edge simulated genetic breeding algorithms to ensure that virtual horse breeding experiences reflect genuine biological and racing principles, thereby attracting both casual gamers and serious racing enthusiasts who value authenticity and the potential for meaningful earnings.

Key Milestones

• 2023 onwards: Photo Finish™ LIVE ecosystem begins generating substantial player rewards, exceeding $40 million in real money winnings
• 2025: Crown token launches as the native digital asset of the Photo Finish™ ecosystem, enabling broader tokenized participation
• December 2025: Crown reaches its all-time high price of $0.26626 on July 31, 2025, demonstrating strong early market interest and subsequent market correction

How Crown Operates?

Integration with Photo Finish™ LIVE

Crown functions as the utility token within the Photo Finish™ LIVE play-to-earn ecosystem. The token facilitates in-game transactions, breeding activities, and reward distributions within the platform's economy where players compete with real-life horse owners and breed virtual offspring.

Blockchain Foundation

Crown is built on the Solana blockchain, leveraging the network's high-speed transaction processing and low-cost infrastructure. The token operates on the SOL network with the contract address: GDfnEsia2WLAW5t8yx2X5j2mkfA74i5kwGdDuZHt7XmG

Solana's blockchain architecture enables Photo Finish™ LIVE to process gaming transactions efficiently, ensuring seamless in-game experiences and rapid reward distributions across the 15,469+ token holders.

Economic Model

Crown employs a fixed tokenomics structure with a maximum supply of 250,000,000 tokens, all of which are currently in circulation. This transparent supply cap ensures predictable economics and prevents arbitrary inflation, maintaining consistency with the player rewards ecosystem that has distributed over $40 million since 2023.

Security and Trust

The platform's security architecture rests on Solana's cryptographic validation mechanisms, ensuring transaction integrity and preventing fraudulent activities within the gaming ecosystem. Players' assets and earnings are protected through standard blockchain security protocols, with all transactions maintained on the immutable public ledger.

Market Performance Overview

Current Market Status

Current Price (as of December 24, 2025): $0.01681
24-Hour Change: +0.41%
Market Capitalization: $4,202,500
Trading Volume (24H): $15,970.29
Total Holders: 15,469

Price Dynamics

Price Extremes

• All-Time High: $0.26626 (July 31, 2025)
• All-Time Low: $0.0163 (December 23, 2025)
• 24-Hour High: $0.0184
• 24-Hour Low: $0.0163

The token has experienced significant volatility, with a 94.30% decline over the year reflecting typical patterns observed in gaming tokens during market correction phases.

Ecosystem and Community

Active Participants

Crown maintains an engaged community of 15,469 token holders actively participating in the Photo Finish™ LIVE ecosystem. The platform's legitimacy is reinforced by its decade-long partnership with NBC Sports and the Kentucky Derby, providing institutional credibility rare in gaming tokens.

Access and Trading

Crown is available for trading on multiple exchanges. Users can access Gate.com for CRWN trading pairs and liquidity. The token operates primarily on the Solana network, ensuring accessibility to the growing Solana ecosystem user base.

Official Resources

• Official Website: https://the-crown-foundation.org/
• Whitepaper: https://the-crown-foundation.org/CrownWhitepaper.pdf
• Solana Explorer: https://explorer.solana.com/account/GDfnEsia2WLAW5t8yx2X5j2mkfA74i5kwGdDuZHt7XmG
• Social Media: https://x.com/TheCrownToken

Key Takeaways

Crown represents a unique intersection of established entertainment IP, institutional gaming partnerships, and blockchain tokenization. Its foundation within Photo Finish™ LIVE—a platform with over a decade of NBC Sports integration and $40+ million in distributed player rewards—provides uncommon legitimacy within the gaming token space.

The project addresses real market demand for play-to-earn gaming with tangible real-world utility and institutional partnerships. However, potential participants should note the significant price volatility and conduct thorough due diligence before investment decisions.

Crown by Third Time Games (CRWN) Market Performance Report

Market Overview

Crown by Third Time Games (CRWN) is a utility token powering the Photo Finish™ LIVE ecosystem, a play-to-earn virtual horse racing platform built on the Solana blockchain. The token operates within an innovative gaming environment that combines advanced simulated genetics with real-world rewards.

Price Performance

Current Market Status

As of December 24, 2025, CRWN is trading at $0.01681 with a market capitalization of $4,202,500.

Price Volatility Analysis

CRWN reached its all-time high of $0.26626 on July 31, 2025, reflecting peak market enthusiasm and adoption during the platform's growth phase.

The token's all-time low stands at $0.0163, recorded on December 23, 2025, indicating significant price pressure in recent market conditions.

24-Hour Price Movement: +0.41%
7-Day Performance: -13.53%
30-Day Performance: -46.67%
1-Year Performance: -94.30%

These metrics reflect the substantial volatility inherent in gaming tokens and the broader market challenges faced by the cryptocurrency sector.

Check the latest CRWN market price

Circulation and Supply Metrics

Token Distribution

• Circulating Supply: 250,000,000 CRWN
• Total Supply: 250,000,000 CRWN
• Maximum Supply: 250,000,000 CRWN
• Circulation Ratio: 100%

The token operates on a fixed supply model with complete circulation, meaning all tokens are already in circulation, eliminating inflationary pressures from new issuances.

Holder Statistics

CRWN is held across 15,469 unique addresses, indicating a decentralized distribution across the community and stakeholder base.

Trading Activity

Daily Volume Metrics

• 24-Hour Trading Volume: $15,970.29
• 24-Hour High: $0.0184
• 24-Hour Low: $0.0163
• Trading Exchanges: Available on 3 exchanges

The moderate trading volume reflects current market interest levels, with price movements constrained within a narrow range during recent trading sessions.

Market Position

• Market Capitalization Ranking: #1,636
• Fully Diluted Valuation: $4,202,500
• Market Dominance: 0.00013%

CRWN maintains a small but measurable position within the broader cryptocurrency market, typical of specialized gaming tokens focused on niche ecosystems.

Blockchain Infrastructure

• Blockchain: Solana (SOL)
• Contract Address: GDfnEsia2WLAW5t8yx2X5j2mkfA74i5kwGdDuZHt7XmG

The token leverages Solana's high-speed, low-cost infrastructure, enabling efficient transactions within the Photo Finish™ LIVE gaming environment.

Project Context

Crown by Third Time Games powers Photo Finish™ LIVE, an innovative play-to-earn virtual horse racing ecosystem led by Ian Cummings, former Creative Director of EA Sports Madden NFL. The platform serves as the official gaming partner of the Kentucky Derby and has provided 3D virtual simulations for NBC Sports broadcasts for over a decade.

Since 2023, players have earned over $40 million in real money rewards through platform engagement, demonstrating the viability of the play-to-earn model within the broader Web3 gaming landscape.

Resources

• Website: https://the-crown-foundation.org/
• Whitepaper: https://the-crown-foundation.org/CrownWhitepaper.pdf
• Twitter: https://x.com/TheCrownToken
• Solana Explorer: https://explorer.solana.com/account/GDfnEsia2WLAW5t8yx2X5j2mkfA74i5kwGdDuZHt7XmG

Crown (CRWN) by Third Time Games: Comprehensive Analysis Report

Overview

Crown (CRWN) is a cryptocurrency token powered by the Photo Finish™ LIVE ecosystem, a play-to-earn virtual horse racing platform. Led by Ian Cummings, former Creative Director of EA Sports Madden NFL, this project combines gaming innovation with blockchain technology.

Key Metrics (as of December 24, 2025)

Project Background

Photo Finish™ LIVE represents a unique convergence of traditional sports entertainment and blockchain gaming. The platform serves as the official gaming partner of the Kentucky Derby, integrating with NBC Sports for over a decade by providing 3D virtual simulations during live telecasts.

Core Features

• Play-to-Earn Model: Players compete against real-life horse owners and earn genuine monetary rewards
• Genetic Breeding Algorithm: Utilizes advanced simulated genetics to breed unique horse offspring
• Player Rewards: Since 2023, players have earned over $40 million in real money rewards
• Real-World Integration: Official partnership with Kentucky Derby and NBC Sports

Ecosystem & Use Cases

Gaming and Entertainment

Photo Finish™ LIVE functions as a decentralized gaming ecosystem where CRWN token serves as the core utility asset within the play-to-earn horse racing platform. Players utilize CRWN for:

• Entering races and competitions
• Breeding virtual horses
• Participating in tournaments
• Claiming earned rewards

Strategic Partnerships

The project benefits from established relationships with:

• Kentucky Derby: Official gaming partner status
• NBC Sports: Long-term partnership for virtual simulations and broadcast integration
• Solana Network: Native blockchain infrastructure

These partnerships validate the project's legitimacy and provide significant market exposure through mainstream sports channels.

Price Performance & Market Analysis

Recent Price Movement

The token has experienced significant downward pressure over the past year, with the most recent low reaching $0.0163 on December 23, 2025, representing a 94.30% decline from its all-time high.

Market Sentiment

Current market sentiment reflects cautious positioning, with the token trading near historical lows. The 24-hour positive movement of 0.41% suggests potential stabilization, though broader 7-day and 30-day declines indicate ongoing bearish pressure in the short term.

Challenges & Concerns

Market Challenges

• Significant Price Decline: 94.30% year-over-year decrease raises questions about token utility and market adoption
• Low Trading Volume: $15,970 daily volume indicates limited liquidity and market interest
• Regulatory Uncertainty: Gaming-related blockchain projects face evolving regulatory scrutiny

Competitive Pressures

The play-to-earn gaming sector faces intensifying competition from established gaming platforms and other blockchain-based gaming ecosystems. Success depends on sustained player engagement and continuous platform innovation.

Community & Social Presence

Project Resources

• Official Website: https://the-crown-foundation.org/
• Whitepaper: Crown Whitepaper
• X (Twitter): @TheCrownToken
• Blockchain Explorer: Solana Network

Community Size

The project maintains an active community with 15,469 token holders, representing genuine community engagement despite current market challenges.

How to Acquire CRWN

Purchase Options

CRWN is available on Gate.com, a major cryptocurrency exchange platform. Users can:

1. Create and verify a Gate.com account
2. Deposit fiat currency or other cryptocurrencies
3. Trade for CRWN tokens
4. Transfer tokens to a personal wallet for security

Storage & Security

For secure storage of CRWN tokens on the Solana network, use reputable Solana-compatible wallets. Ensure you maintain private keys securely and enable multi-factor authentication on exchange accounts.

Technical Details

Future Outlook

Photo Finish™ LIVE's roadmap focuses on:

• Expanding player base through continued marketing integration with NBC Sports
• Enhancing platform features and game mechanics
• Increasing mainstream adoption through the Kentucky Derby partnership
• Growing real-world reward pools for players

Conclusion

Crown (CRWN) represents an innovative approach to blockchain gaming by leveraging the established Photo Finish™ LIVE platform with genuine sports partnerships. The project's integration with the Kentucky Derby and NBC Sports provides authentic use cases beyond typical cryptocurrency applications.

However, investors should note the significant price decline of 94.30% year-over-year and relatively low trading volumes, indicating market challenges. The project's success depends on sustained player engagement, platform growth, and broader adoption of play-to-earn gaming models.

For those interested in participating, thorough research and risk assessment are essential. Visit the official website, review the whitepaper, and monitor community developments on X before making investment decisions.

Disclaimer: This report is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry substantial risk, including potential total loss of capital. Conduct your own research and consult with financial professionals before making investment decisions.

FAQ

What does the CRN stand for?

CRN stands for Crown, representing the core token symbol of the CRWN ecosystem. It serves as the primary utility token within the network, enabling governance, staking, and transaction functionalities across the Web3 platform.

Is CRWN clothing sustainable?

Yes, CRWN clothing is sustainable. It uses secondhand, vintage, and upcycled materials to minimize waste and environmental impact, offering eco-friendly fashion choices for conscious consumers.

Where can I buy CRWN products?

You can purchase CRWN tokens on major cryptocurrency exchanges. Visit the official CRWN website or check their official channels for recommended trading platforms and real-time market information.

What is the price range of CRWN items?

CRWN items range from 100 Crown Gems to 16,000 Seals of Endeavor, varying by rarity level. Prices are dynamic and subject to market changes based on demand and item availability.

Who is the founder of CRWN brand?

Lindsey Farrar is the founder of CRWN brand. The brand focuses on beauty and culture, establishing itself as a prominent platform in the industry.