A cryptocurrency and NFT platform designed to allow users to earn, trade, invest and spend across multiple chains.

Chains

5 min readJul 28, 2022

Introduction

Blockchain technology will change everything. Well, you must have heard about these things a long time ago 3 or 5 years is easy. But here we are, in the first days when the world got to know bitcoin and blockchain. We are still skeptical. Have you ever wondered, if Blockchain can change so many things, what will remain constant? Is Blockchain a solution looking for a problem to solve? The Chains team focuses on developing technology and improving service quality with practical features. The goal of Chains is to build a bridge between digital assets and the real sector of the economy, based on decentralized technology and global blockchain. Chains’ mission is to ensure and maintain free exchange between people, regardless of political changes and conservative economic models. One of the things that I see with Chains is the conviction in the feature creation processes that they want to address the problem in the marketplace. As we are seeing, this period is a period of strong volatility and purging of poor quality projects, so without the ability to develop, it will be difficult to survive in a fierce market like cryptocurrency, and this is why chains are proving that they have a lot of potential with what they are showing.

What is Chains ?

Chains is a platform focused on building radically user-friendly products for earning, trading, spending and accumulating cryptocurrency. The platform is designed to help users to also engage blockchain-enabled products such as NFTs, DeFi and more. A single Chains.com account provides our users with access to a collection of interconnected products and services. It’s been a period of time that we’ve seen this market go up quickly and trends emerge, but I don’t see anything that’s made for good. Stop as many things as they only care about short-term profits and the loss of market sustainability makes the hype around them difficult to realize the advantages of Blockchain technology.

And one point that I find very impressive about Chains, with over 200,000 pre-registered users, Chains aims to help its users set up their accounts on the platform in a way that allows them to easily connect with the products and solutions deployed on Chains. Chains in the future, will launch its Prism analytics tool, which lets users compare cryptocurrency prices and view them in a variety of alternative pricing models. A full asset and currency exchange platform is also planned for the future, as well as a marketplace for products and services. Because Marketplace is more than just products, freelancers and businesses can sell services tied to their preferred currencies, creating a digital economy based on cryptocurrencies using Chains.

Upcoming Products:

Launchpad

The Launchpad grants users with a Chains account early access to cryptocurrency issued by promising projects early in their lifecycle. Tokens offered for sale on the Launchpad are usually unavailable elsewhere and offer favorable, first-look terms to early adopters interested in supporting the project.

2. Prism

Prism is an analytics service developed by Chains. Prism allows you to track and measure the value of cryptocurrencies, major fiat currencies, stocks, and commodities based on your preferred underlying asset. For example — you can see the price of Tesla stock denominated in Gold or the price of Bitcoin in Litecoin.

3. Exchange

The Chains Exchange is currently under development. Upon launch, it will support 50+ popular trading pairs, as well as multiple CHA trading pairs exclusive to the Chains ecosystem.

4. Marketplace

The Marketplace allows freelancers and businesses to sell their products and services, offering tiered incentives if the other party uses their preferred currencies to pay for said services. The consumer can take advantage of these discounts or pay in an alternate currency of their own choice.

Token

The monetary policy mainly pertains to the token’s total supply and liquidity. It also covers any mechanisms to expand or contract the tokens’ supply as needed by introducing inflation and deflation mechanics.

The native token on the Chains platform will be the CHA token.With a project like Chain, the main token will be used as a tool to connect and operate the ecosystem. CHA tokens are designed to provide users with:

Stake based Launchpad participation
Stake based trading fee discount
Fee discounts when used as method of payment
Stake based Airdrop participation
Tiered staking-based referral bonuses
Access to EIC
Payment subsidies when utilized as a medium of exchange
CHA will allow users to buy tokens at discounted prices via the Launchpad

Roadmap

2020: Pre-registration

2021:

Q3- 300,000 registered

Q4- Onboarding Begins

2022:

Q1- Public Launch

Q2- Launchpad Beta

Q3- CHA Token Sale

Q4- Prism Analytics Launch

2023:

Exchange launch

Automated Yield

2024:

Marketplace

Conclusion

In short, Chains gives me a lot of excitement in the midst of a gloomy market. The fact that it is said to have a high valuation shows that they are indeed one of the top projects. I think it wouldn’t be too surprising to see it in action and popular in this market. Through Chain, I think there will be more bright spots to bring people closer to market access, and also a personal speculation that the launch phase is most likely to be during a time of market recovery.

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