Chromia’s MVP launch will initiate several core functions of its native token $CHR including staking, paying fees and rewards on the mainnet chain.
Layer 1 relational blockchain Chromia is set to launch its minimum viable product (MVP) mainnet early next month – July 16 being the prospective date set. This will coincide with the launch of its relational blockchain network, also set to go live co-currently.
Chromia, developed by blockchain tech company ChromaWay, is a layer 1 blockchain that records structured data in linked relational tables. This innovation makes it easier for developers and users to query data directly on-chain and index blockchain data in real time. This aims to enhance the overall innovation across the Web 3 space, providing a faster and cheaper route to developing decentralized applications (DApps).
Crucially, the blockchain aims to revolutionize how data is structured on-chain. The launch of the MVP mainnet will make it easier to perform co
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