About

Chromia is a brainchild of ChromaWay. ChromaWay has a long record of delivering pioneering projects around the world. We issued Euros on the Bitcoin blockchain with LHV bank, allowed investors to invest in startups in a wholly decentralised way with Funderbeam, digitized the title transfer process with the Swedish land registry, and mediated the green bond market with SGDF ChromaWay’s core team created the world’s first protocol to issue tokens already in 2012, when blockchain was called “bitcoin 2.0”. Then ChromaWay introduced the relational model to enterprise blockchains with a consortium database called Postchain. Now Postchain is going public as the foundation for Chromia, a better blockchain for building decentralised apps. Chromia does not reinvent the wheel. ChromaWay is incorporating seven years of experience into something which is ready for the future. Chromia is the product of the many lessons we have learned over the years. Every problem that we have encountered has led to solutions and best practices that we have endeavoured to incorporate into Chromia so that users of the platform can focus on what is important: building world-changing dapps.

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KEY FEATURES

  • A relational model: Blockchain data and application state are stored in a relational database. This model is considered to be best in class in terms of flexibility, versatility and consistency;
  • A relational programming language: Chromapolis dapp backends are written in a specialized language which is deeply integrated with the relational model. This model increases programmer productivity and ensures application consistency;
  • Horizontal scaling: Each dapp has its own blockchain(s). Because each blockchain is run by a subset of nodes, it is possible to increase total throughput by increasing the number of nodes;
  • Rich indexing and querying: Dapps can quickly retrieve information they need directly from nodes running the application. Dapp blockchain logic can perform complex queries without severe performance degradation;
  • High I/O throughput: data queries and updates are delegated to a heavily optimized relational database, allowing dapps to perform a large number of queries and data update operations.
  • PBFT-style consensus: Transactions can be confirmed within seconds;
  • First-class dapps: Dapps do not arise from “smart contracts” in Chromapolis, but are considered first-class entities. Chromapolis gives dapp developers a high degree of flexibility and control.
  • Dapp level provisioning: allocating resources to dapps rather than contracts gives developers the freedom to create their own fee and resource use policies.

IEO’s Details

  • GENERAL INFORMATION

  • IEO Platform:

  • IEO Opening Date:

    May 21st, 2019 1:00 am (UTC)

  • IEO Closing Date:

    May 27th, 2019 4:00 pm (UTC)

  • Country of Origin:

    Sweden

  • TOKEN DETAILS

  • Symbol:

    CHR

  • Blockchain Type:

    Ethereum

  • Role of Token:

    Utility

  • Finance Information

  • Public Sale Hard Cap:

    2 000 000 USD

  • Total Token Supply:

    1 000 000 000 CHR

  • Tokens for Public Sale:

    40 000 000 CHR (4.0000% of total token supply)

  • Public Sale Token Price:

    1 CHR = 0.05 USD

  • Token Distribution

    The CHR will be distributed immediately after the successful deduction of KCS.

  • Accepted Currencies

    KCS

  • Token Sale Format

    Lottery

  • Allocation Per Winning Ticket

    500

  • Private Sale Token Price

    1 CHR = 0.058 USD

  • Private Sale Allocation

    14.95

  • Private Sale Vesting Period

    7,474,622 CHR will be unlocked when listing, and the remainder will be released over the next 19 months on a monthly basis.

  • Legal Information

  • Company Name:

    ChromaWay

  • Country of Incorporation:

    Sweden

  • Company Address:

    Stockholm, Sweden

  • KYC:

    Required

  • Restricted Areas:

    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

Team

  • Henrik Hjelte

    Henrik Hjelte

    Co-Founder, CEO

  • Or Perelman

    Or Perelman

    Co-Founder, COO

  • Alex Mizrahi

    Alex Mizrahi

    Co-Founder, CTO

Advisors