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.

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Rating

BBB

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)

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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
NameDesignationEducationExperience
Or PerelmantoCo-Founder and COONetanya Academic College: LLB, LAW14 Yrs
Henrik HjelteCo-Founder and CEOUppsala University: Master's degree, Business Administration and Economics33 Yrs
Alex MizrahiFounder and CTODonetsk National University: M.Sc., applied mathematics23 Yrs