Crave was first launched on March 20, 2015 by a developer named industrialcoinmagic. Starting features of Crave included HiPOS, a 40MB block size, stealth addresses, Tor support, and BLUR dark assets. By April 8th, Crave became the first coin to implement masternodes with a Proof-of-Stake consensus algorithm.
(See https://bitcointalk.org/index.php?topic=997356.0 and https://bitcointalk.org/index.php?topic=1110730.0 )
Crave had built up a very large amount of interest and volume, but their team of 2-3 members could not keep up and abandoned the coin by August 2015. Due to this, a negative stigma has been associated with Crave and is something that we have been working to get past since then.
This also brought about an attempted takeover of the coin, which failed when the developer 'nitassin' tried making changes against the communities wishes, rushed some developments, and ultimately the endeavors did not amount to anything. The accepted chain was still the original, and any changes were reverted. After this, Crave lied dormant for around a year.
(See https://bitcointalk.org/index.php?topic=1155824.0 )
In early 2017, the Crave revival began with a member on BTCtalk named 'TomVelvetPaws'. Tom rallied the community and over the next few months, current team members CooleRRSA, Slothman, tkon, and SoundDrGenie joined the project. The goal of this takeover was to eventually keep Crave going in its own direction, especially since this project was special to many members.
Sadly, Tom suffered an accident during this revival process and is no longer with us. We owe much of our current state to Tom, and he will stay in our memories.
(See https://bitcointalk.org/index.php?topic=1880839.0 )
From here, the Crave ecosystem started to build up, such as updating the website, creating a new Github repo for developments, marketing, and so on.
( See https://bitcointalk.org/index.php?topic=2547950.0 )
Many people go on CoinMarketcap and see that past graphs, then ask "What happened to the price?"
By that, they are usually referring to the image below:
In January-February 2018, Crave held a 1:10 coin swap. The general reason for this was to move to a modern code base, increase supply to better fit zCrave denominations, start a new blockchain with additional features, and a new wallet.
Since every user that participated in the swap received 10 coins for every one that they swapped, this also means that the price per coin should decrease by x10 to roughly maintain the market cap, otherwise it would be similar to trying to create value out of thin air.
The old skull logo was changed to appeal to a wider audience, and to help promote future growth and relationships.
We have also released our white paper: "Crave Financial Privacy". This can also be found on our website. Along with this update came the activation of the Governance & Budgeting System.
We have started posting monthly development updates in which you can track what is going on behind the scenes.