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Chromapolis ICO Overview
The Chromapolis ICO and badge auction are adopting funds to barrage a full-stack decentralized development belvedere and protocol. As a full-stack development framework, Chromapolis food developers with all of the all-important layers to body complete applications, amalgam the adaptability of relational databases with broadcast balance technology.
Chromapolis is developed by ChromaWay, a Swedish blockchain close that has been acerb complex in the industry back 2024. There is an indirect, but notable, accord amid ChromaWay and the development of an e-currency by the Swedish National Bank.
Chromapolis ICO Value Proposition
Users of absolute broadcast networks like Ethereum evidently charge pay for every alternation that occurs on a accustomed dApp, in admeasurement to the assets appropriate for anniversary transaction. This after-effects in a antecedent area dApps cannot agreement with another models for abstracts and computational ability management.
One such archetype is the “freemium” model, which dApps congenital on Ethereum cannot exploit. Chromapolis addresses this affair through the addition of a new model, delegating ability administration to the akin of alone dApps. The fees which are calm to advance nodes hosting dApps are paid by the dApp providers, and not end-users.
The breadth offered through administration of accretion and accumulator assets at the alone dApp akin opens up a array of fee models which are not accessible on added blockchain networks.
Further against the aim of accretion dApp development possibilities, Chromapolis utilizes a relational blockchain in affiliation with a hyprid accord agreement and avant-garde developer-oriented appearance to enhance the acquaintance of both dApp users and developers. The relational archetypal of the blockchain allows for abstracts and appliance accompaniment to be stored in a relational database.
Each dApp aural the Chromaplis ecosystem possesses its own sidechain, facilitating both accumbent ascent while acceptance applications to abide in abreast and therefore, accomplish in a address that does not appulse added dApps active in parallel. dApps acute assorted beheading accoutrement can advance sharding for admittance of added sidechains.
Chroma tokens accommodate the apparatus for incentivization aural the Chromapolis ecosystem. Nodes charge pale a assertive bulk of Chroma tokens to participate in the network. The different access Chromapolis takes against the badge abridgement of the ecosystem agency it is abundantly dApp providers themselves who accolade nodes for participation. dApps which arrange built-in tokens accept the advantage of abetment their tokens with Chroma, to access clamminess and acquiesce for easier barter of amount amid added dApps aural the ecosystem.
Chromapolis ICO Team
Henrik Hjelte (CEO) is the CEO and Co-founder of ancestor aggregation Chromaway, developing avant-garde blockchain solutions for audience in the accounts and government sectors. Along with his Co-founders, he was amenable in 2012 for the conception of ColoredCoins, a beat way to use Bitcoin basement to alteration any asset that holds value, including gold, authorization and property.
Or Perelman (COO) has an all-encompassing accomplishments in the cryptospace, alpha in 2011 back he co-founded and developed Safebit, a multi-chain wallet and collaborative belvedere for crypto asset management. Or went on to co-found ColoredCoins, and additionally served a abrupt assignment as CMO with bitBlu, a crypto portfolio app. He resumed his assignment with his ally at Chromaway in 2013, confined as COO until present.
Alex Mizrahi (CTO) has decades of acquaintance as a full-stack developer. From 2000 to 2012, Alex formed as a software developer on a countless of projects in fields such as 3D graphics, apparatus learning, and adaptable software. In 2012, he abutting up with Henrik and Or to advance ColoredCoins and confused on to co-found Chromaway, area he now serves as CTO.
Chromapolis ICO Strengths and Opportunities
Chromapolis introduces relational databases to blockchain to accouterment the more circuitous abstracts structures of decentralized applications. A relational archetypal additionally allows Chromapolis to advantage the ability of SQL database administration systems, a basic apparatus for abstracts administration with a history of accurate usage. Sophisticated concern planning, avant-garde abstracts structures and caching capabilities acquiesce for expedited cipher queries.
As relational databases are a accepted basic in software engineering, the acquaintance should, in theory, affluence the alteration for developers alive on decentralized applications. Performance issues from alone querying instances are abandoned to dApp sidechains, so that apathetic queries do not affect the absolute network.
With Chromapolis, users pay fees alongside and are accordingly absolved the pay-per-transaction archetypal that is about accepted in the blockchain space. As an alternative, dApps congenital with Chromapolis pay accomplish absolute payments to noders on a circadian basis, depending on the bulk of computational assets and abstracts aggregate captivated by the users.
This anatomy unlocks a array of options for dApp developers themselves to arrange added convenient acquittal methods, such as through a cable model, freemium alms with in-app purchases, or added structures accurately acclimatized to game-play scenarios.
Such adaptability presents an ambrosial affection for developers and users alike, as dApps congenital on Chromapolis can action acquittal models that are added accustomed to the boilerplate consumer.
Chromapolis ICO Weaknesses and Threats
Chromapolis is positioned as a general-purpose belvedere acceptable for best types of dApps, abnormally cases that crave the accommodation to handle high-volume, circuitous abstracts sets. Gaming is one accurate use case area the accommodation to handle circuitous abstracts sets opens up the achievability for hosting absolute amateur on the Chromapolis network. The around-the-clock archetype of Crypto Kitties still serves to authenticate the accepted absurdity of hosting gaming on the blockchain.
To authenticate the accurate accommodation of Chromapolis at administration circuitous data-sets onchain, the go-to-market action of the activity will initially ambition blockchain gaming. Chromapolis plan to advance a Massive Multiplayer Online Game as a way to advertise the broadcast ambit of possibilities offered by the platform.
As a development belvedere with such a advanced array of accessible antecedent use case scenarios, a gaming-based GTM action may advertise the activity abbreviate by declining to ability a ample abundant admirers of consumers and developers alike.
A dApp antagonism or agnate action that harnesses the immense adroitness of the developer association could accommodate a abundant added all-embracing alleyway against accompanying showcasing a advanced array of use case scenarios for Chromapolis, abnormally because the ability and backbone of the ancestor ChromaWay company.
The Verdict on the Chromapolis ICO
The Chromapolis ICO offers a new access to dApp development that addresses the shortcomings present in abounding accepted blockchain networks.
While still at an aboriginal stage, the Chromapolis ICO possesses indicators that point to a solid project, backed by a aggregation with all-encompassing acquaintance developing blockchain products. With above-mentioned acquaintance deploying blockchain to fields such as finance, the accepted gaming-focused go-to-marketing action may not present the best acute alley to adoption.
That said, at such an aboriginal stage, there is affluence of allowance for repositioning if necessary.
Additional Information
We accept been in discussions with the Chromapolis ICO aggregation and our ratings are based on conversations and advice that they accept asked us to accumulate confidential. We should additionally explain that the activity is not actively business at this time, accordingly we cannot allotment a website or added materials. Please agenda that our analysis does booty into application the badge abstracts that has been aggregate with us, but we accept been accurately requested not to allotment the badge metrics that we accept apparent at this point. We will allotment them as anon as they are fabricated accessible by the team.
Despite actuality a Top 10% rated ICO, we accept absitively not to participate.
CHROMAPOLIS ICO REVIEW SCORES
SUMMARY
The Chromapolis ICO presents some absorbing ideas, which don’t absolutely assume to add up… yet. The amount angle of introducing relational databases should, in theory, address to boilerplate developers who accept not switched to blockchain – which in about-face may beforehand a beyond community, with the endgame of a broader ecosystem of users and developers. It formed for Apple. (This would additionally advice anticipate arrangement bottleneck from mega-dApps, and acquaint added adjustable acquittal options.) Their go-to-market strategy, while still formative, may await too heavily on one subset of users – gaming is a boxy bazaar and although it can pay off in a big way, conceivably gamification should not be the alone action acclimated to beforehand Chromapolis’ absorbing booty on dApp development.
Founding Team……………………….8.7
Product…………………………………..7.0
Token Utility…………………………..8.5
Market…………………………………..6.9
Competition…………………………..7.5
Timing……………………………………7.7
Progress To Date……………………8.0
Community Support & Hype…..8.8
Price & Token Distribution……..5.1
Communication……………………..6.5
FINAL SCORE……………………….7.3
Upsides
Downsides
Today’s Date: 8/9/18
Project Name: Chromapolis
Token Symbol: TBA
Website: Parent Company Chromaway Website
White Paper: TBA
Additional Information: TBA
ICO Review Disclaimer
The aggregation at Crypto Briefing analyzes an antecedent bread alms (ICO) adjoin ten criteria, as apparent above. These belief are not, however, abounding analogously – our proprietary appraisement arrangement attributes altered degrees of accent to anniversary of the criteria, based on our acquaintance of how anon they can advance to the success of the ICO in question, and its investors.
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Founding Team
This class accounts for the leaders, developers, and advisors.
Poor quality, weak, or amateur administration can doom a activity from the outset. Advisors who serve alone to pad their own resumes and who accept aside roles can be concerning. But abundant leadership, with accordant industry acquaintance and contacts, can accomplish the aberration amid a acknowledged and assisting ICO, and a flub.
If you don’t accept a aggregation accommodating and able to body the thing, it won’t amount who is at the helm. Good aptitude is adamantine to find. Developer profiles should be scrutinized to ensure that they accept a accurate history of alive in a acreage area they should be able to succeed.
Product
What is the technology abaft this ICO, what artefact are they creating, and is it new, innovative, altered – and needed?
The IOTA activity is a amazing archetype of engineers run amok. The technology declared or in use charge be maintainable, achievable, and realistic, contrarily the accident of it never advancing into actuality is abundantly high.
Token Utility
Tokens which accept no absolute use case are apparently the affliction off, although belief can still accomplish them accept some anatomy of value.
The best tokens we analysis are the ones that accept a affected use case – you charge accept this badge to comedy in some bold that you will apparently admiration to comedy in. The actual best account tokens are the ones which put the badge holder in the position of bartering tokens to businesses who would be able to finer accomplish use of the platforms in question.
Market
There doesn’t accept to be a bazaar in adjustment for an ICO to account able-bodied in this class – but if it intends to actualize one, the altercation has to be acutely compelling.
If there is an absolute market, questions actuality absorb whether it is accomplished for disruption, whether the technology enables article better, cheaper, or faster (for example) than absolute solutions, and whether the bazaar is historically acquiescent to new ideas.
Competition
Most account accept several implementations. If there are others in the aforementioned field, the analyst needs to ensure that the others don’t accept accessible advantages over the aggregation in question.
Moreover, this is the abode area the analyst should analyze any abeyant weaknesses in the company’s position affective forward. For instance, a axiological weakness in the STORJ arrangement is that the badge is not appropriate for purchasing storage.
Timing
With abounding ICO ideas, the timing may be too backward or too early. It’s important for the analyst to accede how abundant appeal there is for the artefact in question. While the IPO bang adjourned a lot of abundant account that eventually did appear to fruition, a acceptable analyst would admit back an abstraction is too early, too late, or aloof right.
Progress To Date
Some of the atomic acute ICO propositions are those that affirmation their founders will accomplish some abroad goal, ancient in the future, aloof so continued as they accept your banknote with which to do it.
More absorbing (usually) is the ICO that seeks to added some advance forth the aisle to success, and which has a clearly-identified roadmap with accessible and reasonable milestones forth the way. Founders who are already partially-invested in their articles are about added invested in their futures.
Community Support & Hype
Having a able association is one of the axiological architecture blocks of any able blockchain project. It is important that the activity demonstrates aboriginal on that it is able to accomplish and body a able and empowered abutment base.
The ICO exchange is acceptable added awash and added competitive. While in the accomplished it was abundant to alone advertise an offering, today’s acknowledged ICO’s assignment adamantine to body acquaintance and action about their offering.
Price & Token Distribution
One of the better factors belief any assay is price. The lower the amount the added there is to gain. But too low of a amount may aftereffect in an beneath capitalized project. It is accordingly important to appraise amount about to the alone project, its ability and the bazaar it is activity after.
The absolute accumulation of tokens should additionally be justified by the needs of the project. Issuing a billion tokens for no acumen will do cipher any good.
Communication
Communication is key. The success of a activity is acerb angry to the activity leaders’ adeptness to acquaint their goals and achievements.
Things don’t consistently go as planned but acclamation issues and befitting the association and investors in the bend can accomplish or breach a project.
