• bitcoin
    BTC$10,245.00
  • ethereum
    ETH$186.18
  • bitcoin
    BTC$10,245.00-1.52%
  • ethereum
    ETH$186.180.216%
  • Chromia (KuCoin IEO)
    ICO_LIST_icon_flow

    CryptoPotato score

    8.7/10

    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

    8.7

    Team

    9.2/10

    Stage of The Project

    8.5/10

    Project Potential

    8.6/10

    Token-Use

    8.8/10

    Token Sale Terms

    7.8/10

    White Paper

    8.7/10

    Technology

    9.3/10

    Community

    8.7/10

    Pros

    • 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.

    Cons

    • 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

    100%

    raised

    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

    CHR token

    Current price:
    0.0508650 $ (+0.964 %)
    0.000004963 BTC
    0.000273017 ETH

    Volume 24H:
    5,193,877$
    Market Cap:
    5,106,859$

    ROI since ICO

    • USD

      USD

      1.02x

    • ETH

      ETH

      1.48x

    • BTC

      BTC

      0.86x

    Community

    Twitter 4,842 followers

    Telegram 279 members

    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

    7
    Venture Partner at FBG capital, Co-Founder & Partner at HASHED

    Yiseul Cho

    Advisor

    8

    Guy Corem

    Advisor

    Chromapolis Advisor

    Danny Yang

    Advisor

    ChromaWay

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

    Rain Lõhmus

    Advisor

    Chromapolis Advisor Ray J Orr

    Ryan J. Orr

    Advisor

    Chromapolis advisor- Charlie Lee-min
    Founder of Litecoin

    Charlie Lee

    Advisor

    Chromapolis advisor- Richard G Brown

    Richard Brown

    Advisor

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

    Vinny Lingham

    Advisor

    Chromapolis advisor- Corry Voo

    Correy Voo

    Advisor

    Partners

    Lantmateriet LogoStockholm LogoFunderbeam LogoLHV Logo
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