KuCoin Spotlight

Chromia is an open-source public blockchain platform meant to facilitate the effortless creation of decentralized applications (dapps). The project was established in response to the serious drawbacks of existing blockchain systems and is aimed to enable a new generation of dapps to scale beyond what is currently possible. Chromia was previously known as Chromapolis.Chroma [CHR] is the native token of Chromia that fuels the platform and fosters mutually beneficial relationships among developers, users, and investors. The Chromia [CHR] live market price charts are available on this page.<h3>How Does Chromia [CHR] Work?</h3>Chromia is a multi-layer public distributed ledger that employs relational database features. The purpose of Chromia is to help users avoid existing shortcomings of decentralized applications such as negative user experience, subpar security, and elevated payment fees. The project aims to make fundamental improvements in how dapps work and make them more scalable, efficient, and user-friendly. CHR is the ERC20-type native token of the platform.This decentralized platform allows for the creation of decentralized applications that overcome the current limitations of existing dapps. Chromia seeks to develop a technical solution that will combine traditional relational databases and blockchain. By leveraging these two technologies, Chromia strives to give rise to a new generation of dapps that will scale more effectively than existing ones.&nbsp;The project believes that a distributed ledger plays the role of a shared database within a decentralized application ecosystem: it stores application data and ensures that data additions, changes, and transformations are authorized and comply with the application’s rules.For this reason, Chromia is designed to serve the role of a shared database in the best way possible. That is achieved through the use of the existing Postchain framework developed by ChromaWay.&nbsp;Key features of Chromia include:A relational model. Blockchain data and application state are kept in a relational database. This model offers great flexibility, versatility, and consistency.A relational programming language. Chromia dapp back-ends are written in a special language that has a deep integration with the relational model. This model enhances programmer productivity and ensures application consistency.Horizontal scaling. Each decentralized application has its own blockchain. Since each blockchain is managed by a subset of nodes, it is possible to elevate the overall bandwidth capacity by increasing the number of nodes.Rich indexing and querying. Dapps can quickly get the information they need directly from the nodes running the app. The Dapp blockchain logic can execute complex queries without slowing down the network’s performance.High I/O throughput. Data requests and updates are delegated to a highly optimized relational database, allowing dapps to perform a large number of transactions and data update operations.Practical byzantine fault tolerant consensus. It is a voting-based consensus model that guarantees the network’s stability and safety even if most of the nodes are faulty or malicious. This consensus mechanism also allows transactions to be completed nearly instantly.First-class dapps. Dapps do not stem from smart contracts in Chromia. Instead, they are considered first-class entities. Chromia provides dapp builders with a high degree of flexibility and control.Chromia is general-purpose software that is suitable for practically all sorts of decentralized applications. It is especially well suited for use cases where high I/O (input-output) bandwidth is required or complex datasets need to be managed. Massively multiplayer online games (MMOGs) are an example of such a use case. Blockchain games are becoming more and more popular, but MMOGs are not currently available in the decentralized space because no existing blockchain platform can support them.Chromia can host extremely large virtual game worlds on the blockchain, making sure they evolve according to predetermined rules and ensuring no cheating occurs in the game. The project believes that the introduction of MMOG will be the best way to prove Chromia's capabilities. MMOGs have very high standards, and the ability to host MMOGs means that Chromia is suitable for resource-intensive and complex decentralized applications of all kinds.<h3>What is CHR Token?</h3>The platform creators regard their CHR token as “the bread and butter” of the Chromia platform. It is a utility ERC20-standard token with several important functions:<ul><li>Platform currency. CHR is used as a common cryptocurrency within the Chromia network: dapps can collect fees in CHR tokens or use the coin as a reserve to peg their own tokens.</li><li>Payment for hosting fees. CHR tokens are necessary for dapps to pay hosting premiums to compensate for the work of nodes.</li><li>Staking. CHR is used to make sure providers (node validators) have a stake in the Chromia ecosystem, and it also offsets incentives for validators for reaching an agreement.</li><li>In-system purposes. Chromia has several dedicated Chroma token accounts that are used for in-system purposes such as ERC20 token pegging, system node compensation pool, development pool, and more.</li></ul><h3>Where to Buy Chromia [CHR] Crypto?</h3>Chroma Token [CHR] is listed on major cryptocurrency exchanges. The most trusted resources of Chromia [CHR] Coin include Binance, Gate.io, Kucoin, Poloniex, AscendEX Exchange. The CHR market price is volatile – it can increase or drop in value within short times.<h3>Where to Store Chromia [CHR] Token?</h3>The Chromia team has developed ChromaWallet – a wallet that you can use to hold Chroma tokens as well as any tokens on any Chromia blockchain which comply with the FlexibleTokens standard. The wallet also provides an ability to interact with dapps using a simple interface and manage dapp accounts. ChromaWallet is available in desktop, mobile, and browser extension versions and will soon target hardware wallet integration.Other crypto wallets that support ERC20 coins can also be used to store and secure CHR tokens.

IEO details

WhitePaper

Promotional Fund

IEO 

System Node Compensation Pool

Auto Conversion Contract

Ecosystem Fund

Private Sale

Team

Advisors

Founders

KuCoin will launch the next round of the Spotlight token sale with Chromia (CHR) on 28/5/2019 (UTC+8). The new round of CHR token sale will be implemented with new lottery ticket acquisition rules.&nbsp;(see below).Spotlight Token Sale Details:<ol><li>Token Name: Chromia (CHR)</li><li>Token Type: ERC-20</li><li>Token Sale Participation Start Time: Activity Page Release Time</li><li>Token Sale Participation End Time: May 27, 2019, 23:59:59 (UTC+8)</li><li>Spotlight Hard Cap: 2,000,000 USD</li><li>Spotlight Allocation: 40,000,000 CHR</li><li>Spotlight Token Sale Price: 1 CHR = 0.05 USD</li><li>Token Supported: KuCoin Shares (KCS) Only</li><li>Price Ratio: The actual price ratio of KCS will be announced on the day of the Token Sale</li><li>Token Sale Format: Lottery</li><li>Allocation Per Winning Ticket: 500 USD (10,000 CHR)</li><li>Spotlight Token Distribution: The CHR will be distributed immediately after the successful deduction of KCS.</li><li>Total Token Supply: 1,000,000,000 CHR</li><li>Circulating Supply: 4.75% of Total Token Supply</li><li>Private Sale Allocation: 14.95% of total token supply + 2.99% of total token supply as bonus</li><li>Private Sale Token Price: 1 CHR = 0.058 USD</li><li>Private Sale Unlock Plan: 7,474,622 CHR will be unlocked when listing, and the remainder will be released over the next 19 months on a monthly basis.</li></ol>Lottery Format Summary:<ul><li>Each successful participant can claim a different number of lottery tickets according to different conditions that are met.</li><li>Each winning ticket is eligible to purchase 500 USD worth of the CHR&nbsp;(fixed amount)&nbsp;tokens using KCS.</li><li>Up to 2 winning tickets per winning user allowed.</li></ul>

Chromia

Chromia is Layer-1 relational blockchain platform that uses a modular framework to enable the creation of complex, fully on-chain dapps.

CryptoRank Premium

Check your email

We've sent you an email with confirmation link. If you don't have it in your inbox - check your spam box.

CryptoRank App

See CryptoRank with...

Choose a convenient way to connect your EVM wallet.

Privacy & Terms Agreement

Market Data API

Track your wallet balances, view asset allocations, get real-time price data, and more

Easily manage your assets with our Mobile App

Join and earn by referring new subscribers!

Explore blockchain platforms: ecosystem projects, TVL, and other key metrics

Name

Complete tasks and earn rewards

CryptoRank Spaceships

Please enter your valid email address to proceed with registration.

Sorry, but your {social} account doesn't have an email address.

IDO/ICO analytics: post-listing ROI and launchpad comparisons.

Track project announcements and campaigns. Spot early opportunities so you don’t miss airdrops and rewards.

Exchanges overview: volumes, listings, market share.

Track rounds, stages, and amounts. See investors and fund portfolios.

Monitor DeFi & NFT, positions and P&L. Popular chains and a mobile app supported.

Lite gives core tools ad-free. Premium adds advanced analytics, full tables, and exclusives.

TGE calendar and vesting flow. Analyze unlock volumes and percentages to gauge supply pressure and plan your moves.

Get in touch with us for info about listings, tokens, exchanges, IDOs, or any other promotional inquires

Interested in a partnership?

Improves token ranking and increases exposure.

Visibility Boost

Accelerates momentum and helps stay in trending.

Trending Score Growth

Boost Benefits

Boost visibility, raise the Trending Score, and unlock the Premium Ticker for {symbol}!

Purchasing a Boost does not guarantee a specific ranking or position. CryptoRank makes no representations or guarantees regarding the impact of Boost on asset visibility. All purchases are final and non-refundable.

Want to learn more about Boost? <link>Check out the guide!</link>

Give {name} a {boost}

Subject

The account is suspected of violating CryptoRank.io terms of use. You may continue to use the website except for personal features.

Your account has been suspended

By accessing and using our Site, you confirm that you are at least 18 years old or the legal age of majority in your jurisdiction. Please also ensure you have read and agree to our Terms of Use and Privacy Policy & Cookies Statement

View interactive %name% chart for analysis and trading ideas on CryptoRank.io

%name% Crypto Chart %exchange_name% %trading_pair%