Coinchum project is created by the professionals for the investors & Traders. The project aims to give all the financial activity power to users of the platform. That means the users of this platform has full control of their assets and have access to all decentralized finance (DeFi) applications to use and get high returns . The investors get more comfort and have total control of private keys of their wallets. There is no need to share data with anyone and no one is watching your transactions. The users get the benefit to do transactions without showing their identity and also they are not liable to any authority or third party. The emission of third party involvement has a sound effect on transaction execution as now the transactions are done with fast speed and economically across the worldwide borders. With the innovative smart contracts of Coinchum platform all the unnecessary third party obstacles & commissions are now gone and hence the transactions are executed economically and safely.

CoinChum Ecosystem

Coinchum is an innovative platform that connects people who need a product or service with people selling or renting these products or services. Coinchum is a Peer to Peer marketplace with various cryptocurrency offerings, The role of Coinchum platform marketplace platform is to connect supply with demand while handling payments. Coinchum is built by a group of active P2P crypto traders from around the globe. platform is providing an innovative and technologically sound power exchange for swapping of cryptocurrency assets, it is a decentralized application and an automated market maker. Coinchum ecosystem consists of:

Swapping crypto assets

This platform allows the users to swap the particular crypto asset with another crypto asset. The users can swap their assets without leaving their wallets. Coinchum platform allows its users to hold and trade crypto assets without revealing their identity. In this way users can transact in a privacy mode. The smart contracts of Coinchum platform are self enforcing software managed by a p2p network of computers and the transactions between the nodes are executed when all the conditions are met. This reduce the possibility of human error and corruption level and makes the entire procedure much faster and safe and economical than regular contracts.

Decentralized platform

Coinchum allows the transactions to be executed without any intermediaries, completely automated in a decentralized platform. In this way Coinchum platform directly connects parties to a transaction without the third-party intermediary. This platform is using advanced technology to provide Peer-to-peer services leverage technology to overcome the transaction costs of trust, enforcement, and information asymmetries that have traditionally addressed by using trust third parties. Coinchum platforms offer services such as payment processing, information about buyers and sellers, and quality assurance to their users. Coinchum platform has software applications that runs on a distributed network. It is a peer to peer decentralized network. The development of decentralized applicatins (Dapps) is another step toward a future of the Internet that's commonly referred to as Web 3.0. Coinchum deliver a completely free and accessible Internet for everyone. That means anyone who have access to internet can use all the DeFI protocols to its full potential. There will be no longer a central point of control because there won't be middle men to facilitate the flow of information and services.

Strong Governance system

Coinchum platform is creating a strong decentralized governance system where the holders of CHUM token get the voting power to take part in certain activities and decisions for the growth of the platform and to decide which new protocols to be added or vice versa for the further growth of the platform. That will help the platform to add more tokens/coins as per the community demands so that the users of the platform can get access wide range of cryptocurrencies to trade and swap on the platform. This will create more transactions on the platform and when more and more end users are using the platform, this will create liquidity on the platform. More liquid platform means the transactions will be executed in a flash and users are not required to wait for longer time to execute the trades. The users of the platform can transact with a fast speed and with very low fees. So they can manage their portfolio as per the market conditions and this will help to yield the more revenue for the users of this platform. With governance, users can publish governance proposals and vote on new changes.

Wallet Security

The aim of the project is to provide full fund security to users of the platform. For that purpose Coinchum is providing wallets which can hold crypto assets and the keys and login details are under control of the owner of the platform. The data is not shared with anyone as there are no third parties involved. The transactions are checked multi time before their execution. There are four layers of security to counter any manipulation or hacking hazard. This platform is commuted to provide smooth transactions and will make sure the the deserving person will get the funds. The smart contracts of the platform will not allow the other smart contracts to interact on the platform. So there in no chance of any fraud or data hacking. Coinchum’s wallet security is protected via MPC which is cryptographically secured and protects the wallet from any human error or cyber-attack. Security to a wallet address is necessary as many individuals and institutions are entering this ecosystem.

CHUM Token

CHUM is the symbol of native and governance token of the platform. All the applications and protocols of the platform run smoothly as they are backed and insured by CHUM token. This token has its real use case on the platform. The holders of this token are the stake holders of the platform and can earn good internet by staking their tokens. Being a governance token it allows its holders to vote and support the platform to decide good plans and strategies for the rapid growth of the platform. The holders of CHUM token can decide which new crypto assets to be added to make platform more attractive and to generate more liquidity on the platform. The holders of CHUM token can access all the applications & protocols of the platform with various fee concessions on the platform. Also Trading fees can be paid with CHUM, at a discount to as much as 50% to normal trading and withdrawal rates.
CoinChum maintains a total issuance volume of 200 million. After buy-back disposal, it will be a constant - 100 million.

Tokenomics

Token sale

The CHUM token crowd-sale is divided into two parts: private sale and crowd
sale.

• The private sale will begin on August 1 2021 and will end on September 1 2021. Each CHUM will be priced at $0.30 USD.
• The crowd sale will begin on October 1 2021 and will end on December 1 2021. Each CHUM will be priced at $0.36 USD.

RoadMap

Coinchum platform is well handled and backed by an innovative team that has lots of experience in different sectors of blockchain technology. This platform is operating independently and do not need third parties to operate. The team has enough knowledge and resources to make and implement the current & future growth strategies for the systematical growth of the platform. The governance system allows the community to participate and help the team to select best plans and strategies to get more attraction in the market.

Brief

Coinchum is a decentralized protocol using blockchain technology. This platform is created by innovative and experienced developers to cope up the existing flaws of P2P market and provide best solutions so the users can get more access to this growing technology and can use it in its full potential. This platform is taking along the community to the road to success. This platform is providing necessary and important information regarding market trends and sentiments to educate the users how to use the latest marketing tools to yield more revenue. This project is present in almost social forums and the development team is making sure that the project will become trendy in the market so that more and more people can join and understand the revolutionary concept of the platform. This platform has sound vision for future growth and has lots of buyback programs that will boom the price of the native token of the platform. And this will allow the initial investors to book good profits and multiple their portfolios.

Check out the useful links for more information:

• Website: https://coinchum.co/
• Twittter: https://twitter.com/Coin_Chum
• Telegram: https://t.me/ChumToken
• OnePager: https://www.coinchum.co/pdf/coinchum%20onepager.pdf
• Facebook: https://www.facebook.com/CoinChum-344694393302164
• LinkedIn: https://www.linkedin.com/company/coinchum
• Instagram: https://www.instagram.com/coin_chum/
• Youtube: https://www.youtube.com/channel/UC7121N0rFYGZpHbwoXUa6cA

Writer

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