CryptoPotato score


Chromia (KuCoin IEO)

Chromapolis is both a blockchain and a relational database. This means that decentralized applications (dapps) can be written in a way that is familiar to developers all over the world, whether they work on large enterprise applications, games, or smaller projects.
Chromapolis offers a good level of openness, transparency and decentralization. s miners are replaced with providers. Providers own nodes which produce blocks. Chromapolis’ PBFT-style consensus is further hardened by anchoring Chromapolis chains to a Proof of Work (PoW) blockchain, likely Bitcoin or Ethereum. This ensures that finality, the guarantee that confirmed transactions cannot be changed, is at least as strong as that of the chosen anchoring chain.
Tokens are used for pay transaction fees and compensate block producers. The dapp itself can collect fees from users according to its own policies. Tokens are also used for stake and reserve purposes.

Chromapolis Review and Rating




Stage of The Project


Project Potential




Token Sale Terms


White Paper







  • ChromaWay which is the company behind Chrmapolis has being existed for more than four years now. The three founders have the right background; the most outstanding figure is Alex Mizrahi which lead the Colored Coins project since 2012. Among the advisory board, we see people from the proper fields: Yiseul Cho (Venture Partner at FBG capital, Co-Founder & Partner at HASHED), Guy Korem (Leading figure at the Beam project and a president of DAGlabs). Also, the Chromaway has some outstanding Advisors such as Charlie Lee (Litecoin founder) and Vinny Lingham (Founder and CEO of Litecoin). According to ChromaWay, those advisors are not fully involved in the project.
  • Technology: Implementing a rational database on top of blockchain- this can allow users access the data faster and easier. Also, Rell will be used as the programing language, Rell is claimed to be 7x more compact than SQL and allows meta-programming from templates and handles overflow errors. Side chain for each Dapp- up to 500 tx's per second per Dapp. All those new features show an impressive technology that could be very relevant for Big-Data Dapps.
  • Token Use: Chromapolis CHROMA tokens are used by dApps to pay hosting fees and to peg dApp tokens. Additionally, nodes running the Chromapolis system (a mega dApp in a sense) are also rewarded by part of the dApp hosting fees.


  • Token Sale Terms: Chromapolis hardcap is $15M for 15% of tokens sold to partners. $11M were already sold for private investors (price unknown), and according to the rumors, the rest will be sold on KuCoin's IEO. 30% will be referred to as Airdrop, and 65% will stay at the ChormaWay. The last figure made us a bit specious about this sale. Also, 15M for 15% will require a marketcap of 100M which can be considered high. On the other hand: projects who did manage to be a relevant Dapps platform such as Ethereum and EOS got much higher hardcap (EOS has $4.3B marketcap, and ETH has $17.2B marketcap

IEO Ended

29 May 2019

Total raised
$11,000,000 / $11,000,000

Token: CHR

Token type: ERC-20

ICO price: 1 CHR = $0.05 USD

Finite token number: 1,000,000,000 CHR

Token Allocation: 70% owned by ChromaWay, 25% For promotional use, 3% To enable Chroma<->ETH conversion, 2% To put into system node compensation pool

Availability: United States of America, Canada, New Zealand, Thailand, Japan, Mainland China, Bahamas, Botswana, Cuba, Democratic People’s Republic of Korea, Ghana, Serbia, Tunisia, Somalia, Zimbabwe, South Sudan, Sudan (north), Sudan (Darfur), Iran, Iraq, Libya, Syria, Eritrea, Ethiopia, Yemen, Sri Lanka, Afghanistan, Albania, Belarus, Bosnia & Herzegovina, Burundi, Central African Republic, Côte d'Ivoire, Democratic Republic of the Congo, Guinea, Guinea-Bissau, Lebanon, Liberia, Myanmar, Pakistan, Nicaragua, Republic of Macedonia, Trinidad & Tobago, Tunisia, Uganda, Ukraine and Venezuela Not Allowed

Status: Whitepaper is ready.

Accepted currencies: KCS

KuCoin IEO
Token distribution immediately after deduction of KCS

Date: May 28, 2019
Cap: 40,000,000 CHR ($2,000,000 USD)
Price: 1 CHR = $0.05 USD
Allocation Per Winning Ticket: 500 USD (10,000 CHR)

Private Sale

Date: Q3, 2018
Raised: $11M USD (149.5 M CHROMA + 14.9 CHROMA Bonus)
Price: 1 CHROMA = $0.07-$0.08
16.44% From Total Supply

Team Members

Chromapolis Team member

Henrik Hjelte

CEO & Co-founder

Chromapolis Team member

Or perelman

Co-Founder & COO

Chromapolis Team member
Lead the open source colored coins project from 2012

Alex Mizrahi

Co-Founder & CTO

Advisory board

Venture Partner at FBG capital, Co-Founder & Partner at HASHED

Yiseul Cho



Guy Corem


Chromapolis Advisor

Danny Yang



Chromapolis advisor- Ray Lohmus
Co-founder of Hansabank and LHV Bank

Rain Lõhmus


Chromapolis Advisor Ray J Orr

Ryan J. Orr


Chromapolis advisor- Charlie Lee-min
Founder of Litecoin

Charlie Lee


Chromapolis advisor- Richard G Brown

Richard Brown


Chromapolis advisor- Vinny LIghum
Co-founder & CEO of Civic and previously Gyf

Vinny Lingham


Chromapolis advisor- Corry Voo

Correy Voo



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