Chromia CHR

1. Summary

Ranks

Liquidity

98

Developer

-

Social

95

Momentum (beta)

77

Stack Rank™

-

Price

$0.35 -2.1%

Market Cap

$289.61M (#303)

Supply

827.80M / 827.80M

Tags

Smart Contracts Binance Smart Chain Ecosystem NFT Metaverse Ethereum Ecosystem BNB Chain Ecosystem Gaming (GameFi) Layer 1 (L1) Real World Assets (RWA) DePIN

More Metrics

Price
52W High price	$0.49
52W High date	26th Mar 2024 (8 months ago)
All Time High (ATH) Date	20th Nov 2021 (3 years ago)
ATH Price	$1.49
% From ATH	-86.75%
All Time Low (ATL) Date	13th Mar 2020 (4 years ago)
ATL Price	$0.008740030000
% From ATL	2159.45%

Supply & Trading Volume
Trading Volume (24h)	$78.80M
Total Supply	827.80M
Max Supply	978.06M
Circulating Supply	827.80M

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Description

What is Chromia?

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What is Chromia?

Chromia is a relational blockchain platform, described by itself as a Layer-1 blockchain that can act as a Layer-2 enhancement for Ethereum and Binance Smart Chain (BSC). It combines blockchain technology with relational databases, enabling the creation of scalable and user-friendly decentralized applications (dApps)better suited for real-world use cases.

Key Features

The native token of the platform is CHR, which is designed to facilitate the ecosystem by providing various utilities. The token can be used for several purposes:

• Paying hosting fees for dApps and developers using Chromia
• Serving as a reserve for dApps to peg their native tokens
• Paying fees on hosted dApps
• Earning passive rewards through staking

Token Supply and Distribution

The CHR token has a maximum supply of 1 billion tokens. The current circulating supply is approximately 567.37 million tokens, with a portion allocated to private and public sales, founders, team advisors, ecosystem and promotion funds, and other uses.

Technology and Compatibility

Chromia's programming language, Rell, is designed to be easier to use than other blockchain languages and allows developers to code faster. The platform is compatible with Ethereum Virtual Machine (EVM), enabling developers to redeploy Ethereum-based applications on Chromia with minimal additional work. Chromia can be used as a public, private, or hybrid blockchain.

Unique Features

Chromia's use of relational databases integrates decades of optimization and provides flexibility and consistency in data management. The Chromia Vault wallet software provides users with a secure platform to manage CHR and dApps, including a single sign-on feature. Staking mechanisms are also available for CHR holders.

Development and Founders

Chromia was founded by Henrik Hjelte, Or Perelman, and Alex Mizrahi, who previously founded Colored Coins and developed the concept of blockchain tokens. The project has garnered significant support from prominent investors in the blockchain space.

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