Chromia
Name
Chromia
Summary
-Chromia is a blockchain platform that solves the scalability problem for decentralized applications.
-It was founded by Or Perelman, Henrik Hjelte, and Alex Mizrahi.
-Chromia is a Layer-1 and Layer-2 blockchain solution.
Rating
Symbol
CHR
Overview
Chromia is a decentralized platform that works on the scalability of Dapps. A network of relational blockchains makes up the platform. Chromaway AB, a Swedish firm, created Chromia, an open-source, public blockchain.
The Chromia blockchain is based on an earlier technology known as 'Postchain,' which was developed by Chromaway AB for enterprise clients.
Chromia also allows CHR-backed coins to be issued by DApps on its network. DApp creators on Chromia can also earn CHR, as CHR is offered as a reward to DApps that produce the most traffic. Chromia currently has many DApps in the financial, gaming, real estate, and other industries.
Historical Price Movement (in INR)
Technology
Chromia is a Layer-1 and Layer-2 improvement for Binance Smart Chain and Ethereum that is EVM compatible. Each blockchain in Chromia is paired with a set of validator nodes, a subset of all nodes in Chromia, similar to sharding in Ethereum. This subset of nodes uses a Byzantine Fault Tolerance (BFT) consensus technique. Chromia's network consensus is further bolstered by anchoring its transaction history to Proof-of-Work (PoW) blockchains like Bitcoin and Ethereum - once a block is anchored, it is considered definitive.
Use of native tokens in the ecosystem:
Chromia's native utility token is CHR. CHR tokens can be used within dApps, and dApps pay transaction fees to block producers who use the CHR token. Chromia allows dApps to issue CHR-backed tokens, while profit-sharing contracts let dApp investors be compensated in CHR.
Private Sales
19%
IEO Sales
4%
Team
3%
Founders
4.5%
Advisors
1.92%
Promotion Fund
25%
Ecosystem Fund
37.2%
Automatic Conversion Contract
3%
Compensation Pool
2%
Volume (27th March 2022)
$36,159,278
Total Supply
471970667
Circulating supply
567,369,439.00 CHR
Crowd Sales
-
Funding
01/01/2019 : Seed Round-NA
23/08/2018 : Seed Round-NA
21/08/2018 : Seed Round-NA
Country
Sweden
Name of Organization
ChromeAway AB
Year Incorporated
2014
Registered Address
Centralplan 15, Stockholm, Stockholm, 111 64, Sweden
Dispute Resolution and Governing Law
Sweden
Country Risk Assessment
A1
Founding Team
Name | Designation | Education | Experience |
Or Perelmanto | Co-Founder and COO | Netanya Academic College: LLB, LAW | 14 Yrs |
Henrik Hjelte | Co-Founder and CEO | Uppsala University: Master's degree, Business Administration and Economics | 33 Yrs |
Alex Mizrahi | Founder and CTO | Donetsk National University: M.Sc., applied mathematics | 23 Yrs |