Chains: A cryptocurrency and NFT platform designed to allow users to earn, trade, invest and spend across multiple chains, via a single account.

Chains

5 min readJul 28, 2022

Introduce

With the development of the crypto industry, various required crypto platforms in different directions are entering the market. All of them are needed to create an ecosystem that crypto communities can get access to. However, it is worth noting that there is a problem when you need to use a number of crypto platforms to get the necessary functions, which is not a very convenient method of doing business. Why go so far? I am sure that each of you has many different platforms in your bookmarks that are required for using and making money on cryptocurrencies, and we often waste time looking for the right platform when we need certain functions to make an important decision. Of course, all this affects the problems with making a profit, since it is not always possible to react in time to changes in the market. There is too much information, but it has become more difficult to find something really valuable. Our attention needs a filter that will weed out superficial information but also leave important content and valuable contacts. Money and attention from newcomers will flood the NFT market. Consequently, all participants in the crypto world will benefit, both investors and entrepreneurs.

However, there is still a long way to go for them to become a mainstream tool, regardless of the application. And with the mission of spreading knowledge about the market to more people, I would like to introduce Chain, a complete ecosystem where users can earn, trade, and invest. As is known, bitcoin has no fixed value. The Bitcoin price is priced according to a free market economy, and although an average market price is established, everyone determines the value of their own Bitcoin. Bitcoin exchanges also operate on this logic. I have put together some useful concepts for you to survive on these platforms, where everyone will see the utility they provide.

About

As far as I know, Chains is building a series of interconnected crypto-enabled solutions designed to make cryptocurrencies more accessible to users who are not investors or technologists. Chains’ long-term goal is to provide businesses and individuals with a single account. The experience spans the entire range of cryptocurrencies and blockchain-based services. They are intended to allow users to earn, invest, and spend cryptocurrencies on various services and products across multiple chains via a single platform. The main purpose is to reduce the burden of having to learn the mechanics of other complex underlying technologies as much as possible. As a result, people can see that blockchain technology presents incredible innovation opportunities across the entire global supply chain. It has the potential to enhance supply chain traceability and transparency, reduce operational costs, and increase efficiency. Some of the services that Chains plans to tap and offer include, but are not limited to:

Single-account Earn — Invest — Spend experience
Token Launchpad
Services Marketplace
NFT and Products Marketplace
Payment Gateway
Debit Cards
Cryptocurrency Exchange

Most of the products built on Blockchain technology today are too trend-driven without creating core value. With Chains, I think they have enough potential and are aware of short-term trends that will not bring a profit. The greatest innovation So, Chains gives us a feeling that certainty in the plan to build the platform is very important.

Token

CHA is the native cryptocurrency of the Chains ecosystem. It has the following token distribution:

CHA tokens are designed to provide users with utilities such as:

Stake-based participation in the Launchpad
Stake-based discount on trading fees
Free discounts when using CA as a payment method
Access to EIC (see: Marketplace)
Payment Subsidies
Discounts on Launchpad token sales

I think there is no need to discuss too much because tokens operating in the ecosystem will be really useful when they solve the problems that the project is aiming for. It’s important to note that users will be able to participate in the token sale and buy CHA exclusively through a launchpad on Chains.

There are two primary subsidy pools, whose liquidity varies based on utility and transaction volumes.

CHA Revenue pool-used to subsidize payments in CHA
CHA Salary/EIC pool — used to subsidize underperforming sellers and freelancers on the platform

Those pools are replenished via an allocation of a fraction of the fees collected on the platform. Fees collected by the platform (regardless of the currency in which they are collected) are distributed as follows:

20% of the fee is allocated to the CHA Revenue pool.
20% of the fee is allocated to the CHA Salary Pool.
10% of the fee is converted to CHA (if needed) and then burned.
50% of the fee goes to the Chains platform to cover operational expenses.

Roadmap

Association

Team

The team behind Chains consists of experts in various field and segments necessary for the full-fledged range of tools delivered by the platform.

Conclusion

There are many interesting things that I have introduced about the project, but maybe some of the content is still not conveyed clearly. This project has a lot of potential in the crypto space with its approach to consolidating a set of important tools under a single roof that is attractive and user-friendly, especially for those who are not. has significant experience in the otherwise challenging cryptocurrency sector. Hopefully, the above information will be useful for you to find and evaluate this project. I personally find that this is a way to make money from communicating with experts, scholars, influencers, and opinion leaders who have solutions for paid communication that meet the real needs of audiences and professionals.