Chains.com bridges the gap between CeFi and DeFi

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Crypto Daily™
9w ago2022-08-03

With the idea to create “a marketplace where everything is money,” Chains.com, a cryptocurrency and NFT exchange platform, is developing products and marketplaces that provide utility and liquidity for blockchain-based digital assets linked across multiple chains and protocols.

Recently having launched the public sale of its native token, $CHA, the platform offers users considerable benefits within the Chains ecosystem, such as staking-based fee reductions, rewards, early access Launchpad privileges, and more. The idea is to allow users to earn, trade, invest and spend with a simple, single-account multi-product without having to learn the mechanics of the underlying technology.

Prior to announcing the public token sale, Chains’s private sale showed tremendous success, raising over $2 million and amassing more than 500,000 registered users in over 100 countries, with more than 60 thousand users applying to the $CHA token whitelist during the presale phase. 

Led by veteran crypto investors and seasoned economists, Chains aims to reduce the learning curve and the need for setting up multiple disconnected products to have access to the basic functions of cryptocurrency. Chains also offers businesses to apply to its Sunrise Program, geared towards Marketplace early adopters, with over 800 businesses already applying. 

Anderson McCutcheon, CEO and Founder of Chains, affirmed that the company is “building a platform that bridges this divide for the next generation of users. We intend to connect Web3 and centralized finance, forever changing the way cryptocurrencies are commonly used.”

Chains aims to release some intriguing products down the line, such as the “Prism,” a self-developed analytics service allowing users to track and measure any crypto asset, represented by any commodity. Another fascinating feature planned for the future is the “Earned Income Credits” system that provides financial support for businesses and freelancers during trying times.

The company works in association with some of the biggest names, such as NVIDIA, as part of their Inception Program, Amazon through AWS Activate, the Microsoft for Startups program, and more.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.