What is Chromia?
Chromia is relational blockchain that believe creating platform for real world with technical solution. Relational blockchain means it will be having combination of relational database and Blockchain technology, as this integration will bring ease in the finding blockchain data such as transaction details, user details and other. In the existing blockchain system, there is no faster way to search data because every time you need to start searching from start to end that will be lengthy procedure.
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Previously Chromapolis was the real name for this project, as later they changed name to Chromia. Project enters into the market to innovate decentralized application i.e. dApps by providing user new platform. following whitepaper, Chromia wanted solve traditional problem of different application that include user experience, high transaction fees, security and development issues. In the proposed ecosystem, Chromia aim dapps to scale millions of users and offer toolkit to developer for building dapps with familiar paradigms.
In the recent update on mainnet Chromia introduced staking mechanism for CHR token holder, however user can still ERC-20 based token. Staking budget also increased as per the mentioned in roadmap. Chromia network also started providing containerized dapp hosting that works similar like cloud hosting.
Chromia Price Prediction
|Month & Year||CHR Price Prediction|
|Based on||Relational Database Blockchain|
|All-time high||$0.12 USD|
|Exchange Platform||Binance, Huobi Global, Bilaxy, Bithumb, Kucoin, coinDCX, Hotbit, Bitmax, Poloniex, WazirX, Binance JEX, Hotbit, Huobi Korea.|
CHR ICO Overview
|Raised by||$13,000,000 USD|
|Date of ICO||28 may 2019|
|ICO Price||$0.05 USD|
|Partners||Tech Mahindra, funderbeam, Telia, LHV, NGC, Alameda Research, Stockholm Green Digital Finance, Lantmateriet,|
Chromia Price Analysis
Alameda Research become liquidity provider for Chroma and being one of the top liquidity providers in the market and group behind of FTX Token project. However, this news breaks the neutral trend and shifted chromia to follow bullish trend. Since mid of march 2020 Chromia price started surging with consistent positive trend, where prices changed from $0.012 USD to $0.062 USD with 433.3% in 5 months.
Will CHR hit $1 USD?
Yes, most expected after 2022.
How much CHR will be worth in 5 years?
Most probably crossing $3 USD mark.
How Much Chromia Worth in 2030?
will be worth more than $5 USD
Is Chromia a Good Investment?
Yes, try to trade before launch of DeFi.
Chromia has officially announced hedget project on 3rd August 2020 for scaling of DeFi Ecosystem and will be integrate via building block and play major role in growth of DeFi Sector. The system will issue HGET Token works as Native token for governance system and utility use on the platform. Hedget is nothing but decentralized protocol option tradition. The protocol support layer 2 on chromia blockchain to achieve fast and low-cost transaction.