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

https://chains.com/

4 min readJul 30, 2022

Humanity is perpetually in search of an efficient, reliable, rewarding, time and cost-saving approach to solving life’s everyday challenges. Amongst man’s daily challenges is how to maximize the value of his money, which comes majorly as a fiat currency, with its susceptibility to inflation accompanied by loss of value. The invention of blockchains such as Bitcoin, Ethereum, and others has signaled a light at the end of the tunnel, but each has its own strength, threats, and weaknesses. Creating a blockchain that combines the strengths of the old order while circumventing their weaknesses will indeed be a ‘’holy grail’’. You may be familiar with the idea of trading or investing in cryptocurrencies for long-term passive income. Or maybe you are a board game player with a lot of knowledge and good skills.

Most people know that blockchain is a new model for information exchange and application development. However, they may not know that it is also destined to revolutionize the gaming industry by providing the opportunity to create decentralized games. From time to time, opportunities emerge that surpass everything else in their field, giving the crypto enthusiast the chance to invest in a project that will be a huge hit. The advancement of blockchain innovation is required, with the goal that this innovation can arrive at its maximum capacity and can take care of different issues, particularly those regarding information stockpiling and trade. And Chains with the mission to bring specific solutions to the market, a complete ecosystem where users can earn, trade and invest.

About

In its quest to provide an attack-proof solution to the current challenges plaguing blockchain infrastructure, Chains is building a series of interconnected crypto-enabled solutions designed to make cryptocurrencies more accessible to users who are not investors or technologists. Their long-term goal is to provide businesses and individuals with a single account experience that spans the entire spectrum of crypto and blockchain-based services.

Earn — Invest — Spend single account experience.
Token Launchpad
Prism Analytics
Cryptocurrency Exchange
Services Marketplace
NFT and Products Marketplace
Payment Gateway
Payment Cards
Business Tokenization Launchpad — businesses integrated with Chains.com can be tokenized, raising capital based on transparency of revenue and performance.
Earned Income Credits (EIC) will assist market participants with surviving various shock scenarios.
CHA Token — offering subsidies, discounts and enhancements across all Chains products.

Chains is developing multiple products focused on the “Real Economy” — products designed to facilitate the use of cryptocurrency as a medium of exchange. The Marketplace and payment gateway products are designed to attract a new kind of user, one which does not perceive themselves as an investor and is not one to prioritise long term holding of cryptocurrency over using it as a medium of exchange. Chains is inspired by the modern democratic and monetary policy systems, housed in recommendation boards consisting of essentially an expert.

Token

Chains has created a token to serve as the native coin of the CHAlatform. The token information can be found below:

CHA is a collective representation of all tokens issued on the various blockchains (presently planned — Ethereum, Tron, BSC). The exact mechanics under which this is achieved are outlined in this document. CHA is designed around a financial model that addresses the limitations encountered by other cryptocurrencies. Meanwhile, an inflationary cryptocurrency model would encourage immediate spending of the token to some other value such as fiat currency.

The CHA token is designed to be the default fee-settlement and payment token on the Chains platform, as well as providing holders of CHA with access to various benefits, usually proportional to their holdings. Both fee settlements and payments on the Chains platform can be made via any currency that the platform supports. However, incentives will be offered to members who pay in CHA as follows:

33% discount on fees when paid in CHA (compounds with holding)
Payment in CHA will be subsidized up to 15% of their value when paid in CHA via the token revenue pool
Stake based Launchpad participation
Stake based trading fee discount
Stake based Automated Airdrop eligibility
Access to exclusive features and tiers based on the amount of CHA staked

Holding a CHA balance and toggling the option of using CHA tokens as the primary fee payment method will cause Chains to spend CHA first, whenever fees are due. At launch, fees paid in CHA will provide users with a 33% discount on the full fee price. Transaction fees may vary and will be updated from time to time.

Team

Conclusion

In a world that has accepted the digitization of an economy anchored on blockchain infrastructure as a powerful alternative to fiat currency and accompanied by inflationary effects, having a blockchain ensures seamless transactions (financial and others) while protecting individual sovereignty/access to all assets. Enabling a global, scalable, independent, stable, and decentralized blockchain is key and this is exactly what Chains presents.