Chains launches public sale of its $CHA token

Following its $2 million private sale, Chains.com is offering its $CHA token to the public for its platform which grants users reduced trading and staking fees, early access privileges, and more .

Tel Aviv, Israel, July 2022Channels.com, a cryptocurrency and NFT exchange platform focused on creating radically user-friendly products for earning, trading, spending and accumulating cryptocurrency, will launch a public sale of $CHA – its native token on July 27. , which is at the heart of most of the services offered on Chains.com. The platform has already raised over $2 million and is conducting its token sale in accordance with U.S. Securities and Exchange Commission (SEC) Rule 506c.

Chains.com currently has 500,000 registered users in over 100 countries and has seen over 60,000 users apply for its CHA token whitelist during the pre-sale phase. More than 800 companies have applied to participate in the company’s program Sunrise programfor early adopters of Marketplace.

Founded and backed by pioneers in the cryptocurrency industry, the company is part of NVIDIA Inception, Amazon’s AWS Activate, and Microsoft Founders startup programs.

Chains’ multi-product platform offers a stack of solutions designed to help earn, trade, invest, and spend cryptocurrency without having to understand the underlying technologies. Chains’ proprietary token is deployed on multiple blockchains: TRON, BSC, Ethereum and Polygon.

$CHA offers holders various benefits within the blockchain ecosystem, including:

  • Flat-rate reduction in transaction fees at checkout: fees paid in $CHA will offer users a 33% discount on the total price.
  • Reduced compound fee based on the amount of $CHA wagered: users who hold $CHA balances on Chains.com will be eligible for fee discounts on all Chains products.
  • Subsidies when using $CHA as a payment method: all payments executed in $CHA in the market will be partially subsidized by the revenue pool. The subsidy will be in the form of a rebate at the end of the month.
  • Business Prism Analytics Account Access: Prism is a powerful analytical product launched in the fourth quarter of 2022. Chains users will be able to track: cryptocurrencies, fiat currencies, stocks and commodities depending on the preferred underlying asset.
  • Launchpad whitelist access:Chains Launchpad is a token selling platform designed from the ground up that supports native and external payment gateways, acquisition mechanisms and multiple blockchains. $CHA staking will be used as a mandatory presale/sale access mechanism.

Following a combination of adverse macroeconomic conditions that triggered a string of high-profile bankruptcies and the recent stock market crash, cryptocurrency users and investors are looking for tokens and projects with stronger and more transparent fundamentals. To this end, Chains is designed as a secure platform for users to experience true identity-based finance, or in short, MeFi.

“People don’t often classify themselves as CeFi or DeFi users — they just use the different products offering one service or the other without clearly distinguishing between the two,” says Anderson McCutcheon, CEO and Founder of Chains. “We are building a platform that bridges this gap for the next generation of users. We intend to connect Web3 and centralized finance, forever changing the way cryptocurrencies are commonly used.

About Channels:

Chains is a cryptocurrency and NFT exchange platform designed to allow users to earn, trade, invest and spend across multiple chains. Chains aims to develop a full range of products designed for a reality where thousands of currencies and assets of varying utility and liquidity compete in a free market, where anything can be used as currency between two willing parties. Chains emphasizes reducing the learning curve and the need to set up multiple disconnected products to gain access to basic cryptocurrency functions. For more information visit: https://chains.com/

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