On September 29th, Bitcoin.com Exchange announced that it was rebranding to the snappy “Free the Money, Free the World” or FMFW. Closely following this, they also made the exciting announcement that Crown Sterling’s Crown Sovereign Token (CSOV) would be the first listing on Bitcoin.com turned FMFW.io. The listing was first planned on September 30th but finally occurred on October 5th. CSOV is currently trading on FMFW.io Exchange only with Tether (USDT) and Bitcoin pairs, but they plan to launch on several cryptocurrency exchanges.
Many are taking the listing as a hopeful sign. For many, Crown Sterling, a digital assets solution provider, embodies the essential ethos of crypto. In June, Crown Sterling’s “Data Bill of Rights” established the philosophy behind their engineering. It declares digital assets to be the intangible personal property of the original producers.
Understanding CSOV
The Crown Sovereign Token is of particular interest as a quantum-resilient cryptocurrency that is able to resist attacks from quantum computers. Crown Sovereign powers the Crown Sterling Wallet, which is a platform for messaging and transferring data securely for token holders. Crown Sterling is built on the Polkadot blockchain, enabling the integration of custom encryption solutions and concurrent transactions.
Founder and CEO of Crown Sterling, Robert Grant, made his views clear during a “Ask Me Anything” interview of FMFW.io’s Telegram channel. He believes that CSOV will provide a platform for individuals to protect their identities and take ownership of their data. He also hopes that developers who build Social Media will be enabled to innovate in decentralized ways using their platform.
