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Chromia is a blockchain platform designed to make it easier for developers to create decentralized applications (dApps) that can scale efficiently. It combines a unique relational blockchain model with the security and decentralization of traditional blockchains.
This coin is available on Newton.
Founded by Alex Mizrahi, Henrik Hjelte, and Or Perelman, Chromia builds on earlier blockchain innovations like Colored Coins and offers a user-friendly infrastructure for building dApps. It provides publicly hosted application infrastructure and supports user-defined assets on a blockchain.
The platform uses its native cryptocurrency, CHR, as a utility token to power transactions, secure the network, and reward participants. CHR today has a circulating supply of 827.80M out of a total supply of 1 billion, with a portion sold in a private sale to fund development.
Chromia also supports dApps in various sectors, such as the game My Neighbor Alice, finance applications like Hedget, and real estate solutions like LAC PropertyChain. These dApps highlight the versatility of Chromia’s relational blockchain platform.
By offering fewer lines of code and seven to ten times faster performance compared to traditional blockchains, Chromia is gaining attention in the crypto space as a platform for efficient and scalable decentralized applications.
Chromia combines blockchain technology with a relational database model to create a highly efficient and scalable platform for dApps. This unique architecture allows developers to build decentralized applications that can scale better than those on traditional blockchains.
The platform operates as a Layer 1 blockchain and supports sidechain integrations with BNB Chain and Ethereum, ensuring compatibility with existing blockchain ecosystems. Its relational blockchain structure makes data management more efficient and flexible.
Chromia’s utility token, CHR, is used to secure the network and incentivize participants, providing a sustainable economic model. Users can stake their CHR tokens on the network and earn rewards, contributing to network security.
Unlike many blockchains, Chromia decentralizes the management of data and application logic, allowing each dApp to have its own chain while benefiting from the security of the broader Chromia network. This design ensures improved performance and reduced bottlenecks.
With its developer-friendly tools, the Chromia platform makes it easy for people to build dApps that can scale, offering fewer lines of code and enhanced performance for high-demand applications.
Chromia (CHR) is known for its innovative approach, merging traditional databases with blockchain technology for enhanced functionality.
Chromia's relational blockchain merges blockchain and database principles to improve data handling for dApp developers.
Chromia (CHR) supports a variety of use cases across multiple industries.
Chromia (CHR) has a limited supply and a structured release mechanism to support its ecosystem.
Chromia is a versatile blockchain platform with potential applications in gaming, finance, and real estate, among other sectors. Its relational blockchain model makes it particularly suitable for dApps that require efficient data handling and scalability.
In gaming, dApps on Chromia include My Neighbor Alice, a popular blockchain game with user-defined assets and real-time interactions.The platform’s processing capabilities and scalability make it suitable for complex, resource-heavy games.
Finance applications like Hedget use Chromia to manage digital assets and execute financial contracts efficiency and security. Chromia can support decentralized finance (DeFi) solutions, enabling efficient and reliable transactions.
Real estate projects such as LAC PropertyChain demonstrate how Chromia can decentralize property management and provide transparent, immutable records for digital asset transactions. These solutions streamline processes that traditionally rely on intermediaries.
Chromia can also integrate with BNB Chain and Ethereum, making it a flexible platform for a wide range of applications. Its unique architecture enables dApps to scale efficiently, making it a valuable addition to the crypto space.
Chromia was founded by Alex Mizrahi, Henrik Hjelte, and Or Perelman, who were also involved in early blockchain innovations like the Bitcoin wallet and the blockchain token protocol Colored Coins. Their goal was to create a relational blockchain platform to improve dApp scalability.
The Chromia platform evolved from ChromaWay, a company known for projects like LAC PropertyChain, which applied blockchain technology to real estate. This laid the groundwork for Chromia’s focus on decentralized applications.
In its early stages, Chromia raised funds through a private sale of CHR, establishing an ecosystem fund to support development and growth. Today, Chromia markets itself as a platform for efficient, user-friendly dApps with a supply of 1 billion CHR.
The platform gained attention with dApps like My Neighbor Alice and Hedget, highlighting its capabilities. Over time, Chromia (CHR) has seen increased adoption in the crypto space.
Chromia continues to evolve as a relational blockchain platform, offering innovative solutions that combine blockchain technology with relational databases, enabling developers to build powerful, scalable decentralized applications.
The price of Chromia (CHR) is affected by market conditions, adoption, and platform development.
Chromia offers tools and features tailored to developers for creating dApps.
Chromia distinguishes itself through its relational blockchain architecture and developer-centric approach.
You can securely store your Chromia (CHR) on regulated platforms such as Newton or in your own personal wallet. Tracking the global supply of CHR and monitoring its real-time price chart can help you stay informed about the asset's performance in the market.
Staking can improve the security and efficiency of Chromia. By staking a portion of your funds, you contribute to making the blockchain more resistant to attacks and supporting smoother transaction processing.
Chromia can be spent at merchants who accept cryptocurrency, enabling digital payments. Before making a purchase, you can check the live price of CHR to evaluate your transaction value.
Sending Chromia is efficient, thanks to the network’s fast transaction speeds and low fees. The Chromia network typically processes transactions faster than many other cryptocurrencies, ensuring that your transfers are quick and cost-effective.
Chromia can be donated to organizations that accept cryptocurrency. Its low transaction fees and fast transfer speeds make it a viable option for charitable contributions, allowing you to contribute securely and efficiently.
You can easily swap Chromia for other cryptocurrencies such as Bitcoin or Ethereum on various platforms. By tracking the live price of CHR, you can make informed decisions when exchanging your holdings for other assets, optimizing your trades.
*Newton does not currently support staking, governance, interest-earning, or other utility functions, where applicable, for this asset.
Purchasing Chromia (CHR) directly from individuals or unregulated crypto exchanges carries risks. These transactions may lack transparency and could expose you to unreliable sellers or scams. Without the use of a regulated platform, the safety of your funds may be at risk. Approach such purchases with caution and verify the trustworthiness of the seller.
For a more secure option, consider buying Chromia through a regulated cryptocurrency platform like Newton. You can easily deposit funds via e-Transfer or wire transfer and access 70+ other cryptocurrencies, including CHR. Using a regulated platform also provides you with important market insights, helping you trade more confidently and stay updated on the latest price movements.
Newton offers some of the most competitive prices for Chromia (CHR) tokens in Canada. Whether you're new to cryptocurrency or a seasoned investor, Newton provides access to the Chromia blockchain ecosystem for seamless CHR trading.
Your Chromia (CHR) investments are protected with Newton’s advanced security features. Tools such as Multi-Factor Authentication, trusted contacts, and a comprehensive Security Checklist ensure that your assets are secure while you trade.
Newton makes it affordable to buy and sell Chromia, with a 1.50% - 1.60% fee. For more information about fees, see our Prices page. Newton covers up to $5 of network fees on your first daily withdrawal. For additional withdrawals, or if network fees exceed $5, the estimated network fee is confirmed prior to withdrawal.
With Newton’s compatibility across both desktop and mobile devices, you can manage your Chromia (CHR) portfolio from anywhere. Whether at home or on the go, you’ll have the flexibility to track trends and execute trades whenever needed.
Newton’s platform is designed with ease of use in mind. The clean, intuitive interface makes managing your Chromia (CHR) tokens straightforward, whether you're monitoring live price charts or executing trades, ensuring a smooth experience for all users.
Newton is a Canadian platform built specifically for Canadians. It provides a simple, reliable way to buy, hold, and trade Chromia (CHR) and other cryptocurrencies. Join the growing number of Canadian traders who rely on Newton to stay connected to the local market.
Start your journey with Chromia (CHR) by registering on Newton. Once your account is successfully verified, you will be ready to purchase Chromia (CHR) and participate in its blockchain ecosystem.
You can easily fund your Newton account through options such as Interac e-Transfer or wire transfer. These methods provide a straightforward way for Canadians to deposit funds and manage their investment portfolios.
Once your account is funded, you can purchase Chromia tokens (CHR). As Chromia’s ecosystem expands, you can engage with a community focused on blockchain development.
Browse the cryptocurrency list and select Chromia (CHR). This connects you to the Chromia blockchain network, enabling transactions and access to its features.
Determine the number of Chromia tokens (CHR) you wish to purchase. Whether you are making a small or significant investment, ensure you conduct thorough research and align your decision with your financial objectives.
Review your order details carefully before confirming the transaction. Once the purchase is completed, the Chromia tokens will be credited to your account, ready for trading, staking, or exploring the full potential of the Chromia ecosystem.
Using a personal wallet allows you to maintain full custody of your Chromia (CHR) tokens, offering complete ownership and enhanced privacy. However, this control also requires responsibility—it's essential to securely store your private keys to protect your assets from potential risks.
You can store CHR safely and efficiently on the Newton platform! Newton’s platform prioritizes security to ensure your Chromia (CHR) tokens are safe. Features like Multi-Factor Authentication, anti-phishing codes, and login history tracking add extra layers of protection. Additionally, trusted device management and trusted contacts provide peace of mind, making Newton a secure option for storing and trading your tokens.
Your security is important. Newton is committed to being a leader in compliance, security, and technical protocols.
For additional information and to review the risks associated with Chromia, please see our Asset Statement.
