Chromia Fundamental Analysis

March 23, 2021

For the whole crypto industry to thrive, there should be an active effort by industry participants to work together to achieve the common goal of bringing blockchain technology to the masses.

The only way to enhance the growth of the industry can only be achieved by expanding outwards, instead of trying to wrestle from each other.

What is Chromia?

Chromia was earlier named Chromapolis that was created by highly qualified experts who were pioneers of colored coins and blockchain 2.0.

Chromia is a blockchain platform that makes it easy for people to build decentralized apps in the real world and aims to solve the scalability problem.

The platform consists of a network of relational blockchains world, to work on large enterprise applications, games, or smaller projects.

What Does Chromia Offer?

Chromia provides the opportunity to derive income from their dApps that generates more income demand for tokens owned by the developer. It has two types of blockchains:

An enterprise hybrid blockchain of Chromia

The Chromia Platform started from enterprise use-cases, pioneering work done in Land Registration and E-Currencies. The unique roots of chromia in relational databases and smooth hybrid capabilities prove to be a great opportunity for enterprises.

An independent public blockchain of Chromia

The Public blockchain of chromia offers fast and easy development that is intuitive for users. This is how modern financial and transparent enterprise applications can be developed. It also explains how decentralized social networks and games can have full logic on-chain.

Community growth strategies

Chromia has launched a blockchain project incubator. The opportunity to engage with potential users via meetups, hosting blockchain gaming conferences, workshops are basic community growth strategies. In case the users of chromia will not be able to attend meetups it provides online and face-to-face tutorials to engage with dApps developers.

Their main focus is developing relationships with corporate clients and integrates Chromia into their existing services. Chromia can run nodes on the blockchain via launching incentive programs to encourage system providers. They are constantly engaging their users with the community via social channels.

Chromia Products

Chromia Games App

Chromia has provided a fun way to sell and buy virtual islands by playing their games. While playing games users can collect and build exciting items and meet new friends that are one of the most reliable community growth strategies.

My Neighbor Alice is a multiplayer builder game of chromia that has the mission statement saying it’s not just a game for blockchain players. But it is a game that will introduce blockchain to millions of players to extend its growth.

This game is free to play Inspired by various successful games such as Animal Crossing, the game combines the best of the two worlds - a fun narrative for regular players who want to enjoy the gameplay experience as well as an ecosystem for players who want to collect and trade NFT: s, even if they have don't know what an NFT is.

LAC Property Chain

LAC Property Chain is a land administration enterprise in Latin America and the Caribbean that is powered by the Chromia public blockchain. It is sponsored by the Inter-American Development Bank to provide an open-source application that facilitates property transactions by Bringing Trust, Simplicity and Security to Property Exchange.

HEDGET

Chromia provides an opportunity that ensures the future economy will be built on cryptocurrencies, but they are very volatile and risky investments. Hedget is a platform introducing decentralized options. It means you pay the smallest possible premium to secure your positions against sudden price movements.

Features of HEDGET

Using the Chromia blockchain as an Ethereum Layer 2 Solution

  • Hedget as an Ethereum Layer 2 Solution is powered by Chromia Relational blockchain that allows for zero fees and larger flexibility.

  • The protocol will only use the Ethereum chain for settlement, reducing slow and costly transactions

  • The full Ethereum ecosystem integration provides a path to mainstream assets and liquidity.

European style options supporting cash/physical settlement

  • European style options are fully collateralized option creation at the core layer.

  • Option providers are required to put down full collateral that ensures a secure trading process for end-users.

A Reliable Protection layer for leveraged trading positions

  • Hedget provides decentralized options that can be used to protect DeFi positions in lending and trading.

  • Hedget will be powered by manageable modules that can be integrated seamlessly into other protocols and platforms.

Green Assets Wallet

Green Assets Wallet is a global trust platform that accelerates impactful asset allocation to support capital markets to finance a credible sustainability change. This platform has issuers to communicate their transition targets and impact achievements to a global market.

GAW helps investors to access trusted and quantifiable impact data to inform allocation choices and assess their investments.

It is independent, global, and market neutral. Investors and issuers can obtain:

  • GAW is best-in-class metrics with relevant KPIs

  • It enables a structured use-of-proceeds categories

  • Benchmarking

What do a green assets wallet offer?

A trust champion

GAW brings entirely new levels of trust and transparency through reliable impact data. Validation and immutable change logs lay the foundation for actual, accountable, and comparable data. The GAW Platform supports credible actors and activities per design and allows easy recognition thereof. Transparency is promoted and compensated.

GAW as a Market driver

GAW joins sustainable capital allocation to economies by breaking down market barriers. We maintain all capital market actors, of any size and globally. The main purpose is to make it simple for all market actors that wish to invest in a flourishing and sustainable future.

Chromia Tokenomics

$CHR is Chromia's native token that users can use within dApps and the dApps in turn pay transaction fees to block producers using the CHR token. DApps issue CHR-backed tokens and investors of dApps get compensated in CHR via contract. Chromia offers the opportunity to developers to drive income from their dApps.

The token supply distribution is as follows:

  • Private Sale tokens comprise 19.40% of the total supply.

  • IEO Sale tokens comprise 4.00% of the total supply.

  • Team tokens comprise 2.98% of the total supply.

  • Founders tokens comprise 4.50% of the total supply.

  • Advisors tokens comprise 1.92% of the total supply.

  • Promotion Fund tokens comprise 25.00% of the total supply.

  • Ecosystem Fund tokens comprise 37.20% of the total supply.

  • Automatic Conversion Contract tokens comprise 3.00% of the total supply.

  • Compensation Pool tokens comprise 2.00% of the total supply.

Till March-2021, 50% of the token are issued and the remaining will be issued by the end of 2024.

Conclusion:

It can be seen that the blockchain industry develops and matures the importance of relational blockchain also increases. Chromia has ensured that Dapps market share projects should be all working together to onboard new users in the space and this is much simpler to achieve if they leverage each other’s strengths and resources.