What is Chromia?

Chromia is a unique blockchain platform that combines blockchain technology with relational databases, creating an ideal environment for developing decentralized applications (dApps). Designed to overcome the limitations of traditional blockchain platforms, Chromia offers a comprehensive solution for building complex and scalable dApps.

What is CHR Coin?

CHR Coin is the native token of the Chromia platform. This token is used for:

  • Transaction fee payment: Users must use CHR tokens to pay transaction fees on the Chromia network.

  • Participate in governance: CHR token holders can participate in decision-making regarding the development of the Chromia platform.

  • Stake: Users can stake CHR tokens to earn rewards and support the network's security.

  • Access dApps: Some dApps on Chromia may require users to hold a certain amount of CHR to use.

Ecosystem

The Chromia ecosystem features a diverse range of products. Below are some key products of this platform:

1. Chromia Mainnet

Chromia Mainnet is the official blockchain of Chromia, where smart contracts are deployed and executed. The Mainnet provides a secure and reliable platform for decentralized applications.

Features:

Smart contracts written in Solidity can be deployed directly on Chromia, allowing for the creation of complex databases and efficient information management.

2. Chromia Explorer

Chromia Explorer is an online tool that allows users to explore and interact with the Chromia blockchain. The Explorer provides insights into transactions, blocks, wallet addresses, and smart contracts. It helps users track transactions made on the blockchain, view the balance and transaction history of a specific wallet address, view source code, and interact with deployed smart contracts.

3. SDK and Development Tools

Chromia provides a powerful development toolkit, including an SDK (Software Development Kit) and libraries to support developers in building dApps on its platform. The SDK supports popular programming languages such as JavaScript, TypeScript, and Go.

4. Chromia Studio

Chromia Studio is a visual tool for creating and managing databases on Chromia. Chromia Studio helps developers design complex data schemas without writing code. Add, modify, and delete data in the database.

5. Chromia Bridge

Chromia Bridge is a bridge that allows the transfer of tokens and digital assets between Chromia and other blockchains, such as Ethereum.

Highlights of Chromia

  • Unique architecture: Chromia uses a Postchain architecture, allowing dApps to run on their own blockchains (sidechains), enhancing scalability and performance.

  • Easy dApp development: Chromia provides a developer-friendly environment, allowing them to use familiar programming languages (Rell) and familiar database tools.

  • Scalability: Thanks to the sidechain architecture, Chromia can handle a large volume of transactions without network congestion issues.

  • Security: Chromia uses the PBFT (Practical Byzantine Fault Tolerance) consensus mechanism and is anchored to a Proof of Work chain (like Bitcoin or Ethereum) to enhance security.

  • Diverse applications: Chromia is used to develop various types of dApps, including blockchain games, decentralized finance (DeFi) applications, and enterprise applications.

Tokenomics

Basic Information:

  • Name: Chromia

  • Trading name: CHR

  • Type: Coin, Utility Token

  • Platform: Chromia, Ethereum

  • Ethereum Contract: 0x8a2279d4a90b6fe1c4b30fa660cc9f926797baa2

  • Total Supply: 1,000,000,000 CHR

Token Allocation:

  • Ecosystem Fund: 6%

  • IEO: 4%

  • Team: 5%

  • Automatic Conversion Contract: 3%

  • Advisors: 3%

  • Node System: 2%

  • Promotion Fund: 25%

  • Private Sale: 94%

  • Founders: 5%

Allocation schedule:

CHR Token Allocation Schedule

Who created Chromia (CHR) Coin?

Founded in 2018, Chromia (CHR) was established by three co-founders, Henrik Hjelte, Or Perelman, and Alex Mizrahi - names that have made history in blockchain with projects like Colored Coins and Safebit.

Investors

Chromia has raised a total of over $5.5 million from reputable investors in the blockchain and gaming industry through 3 funding rounds as follows:

  • First round: In 2018, Chromia received $3 million from notable investors such as NGC Ventures, FBG Capital, etc.

  • Second round: In 2019, Chromia continued to receive $2.5 million from KuCoin Spotlight, a platform that supports promising blockchain projects.

  • Third round: Also in 2019, Chromia received a significant investment from Binance Labs, the investment arm of the cryptocurrency exchange Binance.

Additionally: In 2020, Chromia was also invested in by Animoca Brands, a major gaming company, to develop blockchain games.

Current exchange rate of CHR Coin

$CHR

Where to buy and sell CHR Coin?

Currently, you can buy and sell CHR Coin on exchanges such as Binance, Upbit, HTX, Gate, etc. Among them, Binance.com is currently the most reputable, safe, secure, and best exchange. Furthermore, the exchange also supports P2P trading through bank accounts, making it easy for users to buy and sell Coin.

If you do not have an account on this exchange, you should register for an account to start trading. Below is the registration link for Binance with a 20% discount on trading fees.

Register on Binance: https://accounts.binance.com/register?

Should I invest in CHR Coin?

The decision to invest in CHR Coin is entirely up to you. If you have knowledge about cryptocurrencies, a high-risk tolerance, and trust in the future of the Chromia project, you may consider investing. However, always remember that investing in cryptocurrencies is a long-term game, and there are no guarantees that you will make a profit.