Tranchess


Name

Tranchess

Summary

Tranchess is a yield-enhancing asset tracker that offers a variety of risk-return options.
-It was founded by Danny Chong and Team
-It is built on the Binance blockchain.

Buy CHESS
Rating

BB

Symbol

CHESS

Overview

Tranchess is a yield-enhancing asset tracker system that offers a wide range of risk-return options. Tranchess' objective is to provide asset allocation flexibility to DeFi subscribers. Tranchess is continuously developing its protocols to include more products for users while also improving the accessibility to users by researching new chains and crypto-assets as underpinning.
Tranchess provides a structured financial solution for investors interested in crypto assets. Its primary product design is based on traditional finance's tranche fund products, in which financial firms split a single main fund into many risk/return levels.

Historical Price Movement (in INR)

Buy CHESS
Technology

Tranchess is made up of three tokens: QUEEN, BISHOP, and ROOK, as well as the CHESS governance token. Each of the three tranches is tailored to meet the needs of a certain user group: stable return yielding (Tranche BISHOP), leveraged crypto asset trading (Tranche ROOK), and long-term crypto-asset holding (Main Tranche QUEEN).
Since, its built on the Binance blockchain, the programming languages supported are GO, Java, Javascript, C++, C#, Python, and Swift.

Seed investors

5%

Core team

20%

Reserved for future investors

15%

Liquidity mining

50%

Treasury

10%

Volume (18th April 2022)

$20,978,022

Total Supply

300000000

Circulating supply

71,786,794.52 CHESS

Crowd Sales

It has raised $1.5 million in one round of investment.

Funding

4-07-2021: Seed Round- $1.5M

Country

China

Name of Organization

Tranchess

Year Incorporated

2021

Registered Address

NA

Dispute Resolution and Governing Law

China

Country Risk Assessment

A2

Founding Team
NameDesignationEducationExperience
Danny ChongCo-FounderNanyang Technological University: Bachelor of Engineering (BEng), Electrical and Electronics Engineering16 yrs
Thomas YuChief Growth OfficerNew York University: Bachelor's degree, Computer Science and EconomicsWestern Academy of Beijing: International Baccalaureate Diploma Programme3 Yrs