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

chains.com

5 min readAug 3, 2022

Introduce

In this 21st century, Blockchain has made a great impact globally by allowing people to deposit, collect, withdraw, and transfer assets to each other without the involvement of an intermediate partaker. Blockchain technology and Cryptocurrency amalgamation have proven to be a remarkable development to users because they have smooth access to their assets which depends on financial applications.

However, there seem to be some challenges in using crypto as a means of payment, as it is hard for a lot of persons and corporations to store crypto with high price volatility. Alterations in crypto value have cost them and automatically put them in a risky investment.

About

Not to worry, this is where platforms like Chains come into the picture — a fully-fledged ecosystem where users can earn, trade, and invest — all under the same roof.

A platform that supplies inclusive, new, and decentralized financial services to users with marvelous improvement on a product around the world. Chains portrays a modern digital economy with products like crypto-fiat, lock liquidity and token, DEX, a connection of crypto and stable coin to the globe. 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.

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.

CHA 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 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

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.

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.

Anderson Mccutcheon — Founder and CEO. Formerly co-Founder of Unicoin and Synereo, as well the Head of EU Player Acquisition at online gaming behemoth Riot Games. Previously, Anderson held senior roles for 888 Holdings and PokerStars (Flutter Entertainment).

Yosi Megrel — CPO. Megrel is the Chief Product Officer at Chains, and he has plenty of experience in the field of blockchain product design, being the founder and CEO of TrustBlock. He also has experience in markets and finance as the former Director of Trading at GM Media Group and also has worked as a Foreign Exchange Dealer.

Dr. Assaf Patir — Economist. Assaf holds a Ph.D. from Northwestern in Economics and a Ph.D. in Physics from the Weitzmann Institute of Science.

Artur Babyuk — CTO. With over 10 years of experience in software development, Artur Babyuk is the Chief Technical Officer of Chains. Previous experiences include working at Dynatech in Latvia as a Solutions Architect, DevOps Engineer, and R&D.

Sarne Lightman — Executive Chairman. He is also the co-founder of TradeOff Financial Corp and the Global Head of GG Poker. Lightman is the Executive Chairman of Coinomy.

Conclusion

Chains creates a perfect fiat-to-crypto connection payment gateway with the goal of fast-tracking real-world crypto usage. Chains blockchain applications offer safety, transparency, transaction speed, it allows the platform to operate more transparently and fairly. Especially now that blockchain technology has developed quite significantly compared to a few years ago, where protocols such as NFT and DeFiand more, thereby benefiting investors by allowing them to manage their investment in the best possible way.