Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Events function as ephemeral economies, providing a prime opportunity for the integration of cryptocurrencies and blockchain technology. Nevertheless, existing blockchain platforms are often hindered by sluggish transaction rates, environmental concerns, high fees, and the lack of off-grid payment options. The CHI Network emerges as a decentralized blockchain and DAO tailored for the events sector, facilitating off-grid transactions. It is interconnected with well-known networks such as Ethereum and utilizes CHI Coins, X Cash, and various rewards systems. By staking and locking CHI tokens, users can earn additional rewards based on their X Cash holdings, along with other benefits like chargeback options. Transaction fees for utilizing protocols and the ticket marketplace are deducted in CHI tokens. Revenue generated is split equally between the event organizers and the CHI Network DAO. The tokens serve as collateral for proposals within the CHI Network and its associated Event DAOs. Furthermore, by staking CHI Tokens in the court pool, individuals can serve as jurors and receive CHI Token rewards for resolving disputes within the DAO, thus fostering a participatory ecosystem. The system is designed to enhance user engagement and ensure fair resolutions within the community.
Description
GAYA Blockchain represents the first Layer-1 blockchain in the UAE, designed to integrate gaming, social interactions, decentralized finance (DeFi), non-fungible tokens (NFTs), and real-world assets into a single environmentally friendly platform. It operates on a Proof-of-Stake consensus model and is compatible with the Ethereum Virtual Machine (EVM), which allows developers to create smart contracts and utilize common development tools. Its innovative architecture features a “Cell-As-A-Service (CAAS)” data structure that facilitates efficient data serialization and distribution. The Gaya Wallet acts as a multichain, non-custodial access point to the broader ecosystem, providing options for fiat transactions, in-app trading, staking opportunities, and a gamified experience with an XP system that incentivizes user participation and could enhance eligibility for airdrops. The native utility token, GAYA, is utilized for various purposes including transaction fees, staking rewards, governance within a decentralized autonomous organization (DAO), incentives for ecosystem growth, and transactions within apps. Additionally, the economic framework incorporates a dynamic gas pricing model with partial fee burns to create deflationary effects, along with a well-planned tokenomics strategy that includes vesting schedules to ensure stability and sustainability in the blockchain's growth. This thoughtful design aims to foster a vibrant community and promote long-term engagement within the platform.
API Access
Has API
No
API Access
Has API
No
Integrations
Gaya Wallet
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
Free
Free Trial
No
Free Version
Yes
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
Yes
iPad App
No
Android App
Yes
Windows
No
Mac
Yes
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
Yes
Vendor Details
Company Name
CHI Network
Founded
2022
Country
Switzerland
Website
chinetwork.io
Vendor Details
Company Name
Gaya Blockchain
Founded
2024
Country
United Arab Emirates
Website
gayablockchain.io