Chia Coin Finance Presale (ILO) Review


Teamstokenomics and technical reviews about the Chia Coin Finance $CHIA project are in this article.

They describe themselves:

Think of Chia as a fair universal currency for the people. Everywhere. It is not a meme currency like Doge, Shiba, or Cardano. 

photo 2021 04 26 00 58 57

Launchpad AMM: Pancakeswap


Disclaimer

Pre-Sale has some risks. Like minting, proxies and developer abandonment. Please DYOR (do your own research)


tokenomics
Liquidity Lock % 50 BNB raised liquidity lock
Lock duration: 3 months
ParticipationOpen to anyone
Softcap5 BNB
Hardcap500 BNB
Max Spend per Account20 BNB
Presale Price132.000 CHIA / per BNB
Listing Price118.800 CHIA / per BNB
Auditx 1152114 1280
KYCx 1152114 1280
StartMon 26 Apr 00:59
EndThu 29 Apr 12:00

Total supply: 100.000.000 CHIA

Chart by Visualizer

it is good like

  • % 50 BNB raised liquidity
  • %95 Tokenomics.
  • Small dev. wallet
  • Presale price is lower than listing price.

it is not good dislike

  • No KYC
  • No audit
  • 3 months liquidity lock time

About the team people

  • Anonymous

From White Paperdocument

There isn’t a White Paper. According to their website:

  • Chia – deflationary, auto-mining token on Binance Smart Chain.
  • Chia works through a dynamic burn rate of [5 to 10%], which is applied at each Buy/Sell order. The burn rate will change depending on the total supply traded in the current ChiaCycle. For every 1,000,000 $CHIA traded, the fee will move up one increment until it reaches the cap at 10%, which will apply after 14,000,000 $CHIA has been traded.
  • Rebase means 50% of the tokens burned throughout the current cycle will be rebased to holders as positive rebase. By doing that, the protocol ensures only positive rebases on an otherwise fully deflationary protocol.

thought %50 BNB raised liquidity rate is good but not enough. 3 months lock time is very short. Small dev. wallet(%3.6) is good.

The project hasn’t a official Twitter account(I can’t find), only Telegram group. And it hasn’t a logo, only name. It seems that the tema didn’t work enough on project.

They say: “Think of Chia as a fair universal currency for the people”. When I examine the project, I can say that their goals are too big, but they are not working enough.

Presale ended.

18 BNB raised. softcap 5 BNB. Success


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