Overview

Chainium was built to connect businesses directly to investors, using blockchain to make buying and selling shares easy.

Project stage

Beta version

Detailed description

At Chainium there is a simple mission: to disrupt the global equity market. Chainiums' platform is already available as a prototype on our website. It provides solutions to the problem of raising capital for large enterprises and smaller businesses alike. 

Chainium offers business owners access to the sophisticated tools and techniques of the listed markets for a fraction of the price. For investors we provide direct access to a huge range of equity offers previously only open to institutional investors, for zero fees. Raising capital through equity in the traditional way is a complicated and costly process. 

Running an IPO takes months of planning, multiple engagements with advisors, negotiations with banks and law firms to gain regulatory approval, and pitches to attract institutional investors. The process takes a minimum of twelve months, attracts hefty fees, and the end result is uncertain. 

Our back-to-basics approach to raising capital reduces bureaucracy, whilst our use of blockchain technology removes duplication and eliminates errors. We allow investors and businesses to exchange digital share certificates for fiat or crypto-currency in a transparent, tamper proof and immutable distributed ledger. No intermediary or other reconciliation steps are involved in transactions, cutting through hundreds of legacy systems and solutions from the old world.

Problem

  • Barriers to Capital Raising: Access to capital is traditionally controlled by a small number of powerful intermediaries. SMEs in particular are highly dependent on the liquidity and appetite for risk of their main bank. Many businesses simply don't get access to the capital they need to grow.
  • Barriers to Investing: Access to investments is traditionally controlled by a small number pf powerful intermediaries. Retail investors in particular are often excluded from corporate actions and investment opportunities. 
  • High Costs: Intermediaries charge both investors and business owners excessive fees. Lack of competition, even from new players like equity crowdfunding platforms, keeps fees high.
  • Lack of Transparency: Company valuations, especially in private and crowdfunding transactions, are highly subjective. The lack of a transparent, liquid market outs sellers and buyers at risk.
  • Loss of Control: SMEs raising capital privately often have no choice but to give up far more of their equity than they want to, as venture capitalists and angel investors only invest significant amounts in a small number of companies. Listed companies will usually have a minimum free float set by the regulators. 
  • Time Wasting: Complex, duplicate legacy bureaucracy makes applications for capital time-consuming. Legacy providers such as banks have no reason to provide good customer service, as customer usually have nowhere else to go. 

Solution

Chanium is offering a brand-new service for 99% of the companies in the world. We bridge the gap between the old and new economies be simplifying established processes (dividens, general meetings, shareholder communication) through the power of blockchain technology, allowing everyone to participate and have access to tools and markets that are currently only available to a select few.

Features

  • The blockchain is specifically built for digital share transactions.
  • The blockchain is purpose-built to handle publicly available data, as well as confidential data - a unique challenge for the equity market.
  • The blockchain is built to scale - for big businesses, with millions of shareholders, and global investors. Providing stability.
  • It's a global digital share certificate that is intended to become the new global standard.
Show details

Additional links

  • Token details

    • Token symbol ? Token symbol — a shorten token name. It is used during an ICO and after the coin listing at the cryptocurrency exchanges. : CHX
    • Fundrasing target ? Fundraising target — the maximum amount of funds to be raised during an ICO. When it is reached, the developers stop selling the tokens because they do not need to raise more money for the project development. : 37,000,000 USD
    • Token type ? Token type — a platform for a startup launch that influences the stability of blockchain operation, the speed of transactions and the fees. :Ethereum (ERC20)
    • Soft cap ? Soft cap — the minimum amount of funds to be raised for the project development. Sometimes when the soft cap has not been reached, the money is returned to the participants. : NA
    • Role of token ? Role of Token — type of token depending on the opportunities it offers to its owner. Utility tokens give their owners a right to use the project services, security tokens are aimed at bringing profit, and currency tokens are a money substitute. :Utility token
    • Total supply ? Total supply — a total amount of tokens that will be released by the developers. :200,000,000 CHX
    • Escrow agent ? Escrow agent — a qualified agent who has the right of signature in a multisig wallet. An escrow agent participates in an ICO, monitors the financial operations of the developers and confirms their fairness. :No
    • Tokens for sale ? Tokens for sale — the number of tokens offered to the participants of an ICO. :100,000,000 CHX
    • Whitelist ? Whitelist — a list of participants, who get an opportunity to buy tokens. To be whitelisted, you need to register on time because the number of participants and the registration period are usually limited. :Whitelist Closed
    • Additional emission ? Additional emission — an additional release of tokens. It can be done once after the crowd sale or on an ongoing basis. In the projects with a limited emission there is no additional emission. :No
    • Exchange listing ? Exchange listing — an assumed date when the token will be listed at a cryptocurrency exchange. The developers usually indicate it in a roadmap and a white paper. :NA
    • Accepting currencies ? Accepting currencies — cryptocurrencies and fiat currencies that can be used for buying the project tokens. :BTC, ETH, EUR, LTC,
    • Can't participate ? Can't participate — the countries where it is prohibited to buy tokens. These can be countries where ICOs are prohibited altogether, or countries that have the requirements that a particular project does not meet. :China, Iran, North Korea, South Korea, USA,
    • Know Your Customer (KYC) ? Know Your Customer — a verification procedure for ICO participants, during which the developers can ask for personal data, a photo and a scanned copy of a passport of a potential investor. :Yes
    Get details
  • Token and Funds Distribution

    Token distribution date

    Whithin few days of the close of the public token sale.

    Unsold tokens

    NA
      • Token Distribution

        • Funds Distribution

      Sale schedule

      Round Token Price Bonus Min / Max Purchase Soft Cap Hard Cap
      Public sale — Ended
      28 Mar 00:00 UTC
      04 Apr 00:00 UTC
      0.00017 ETH No Min 0.1 ETH Uncapped 8,000,000 USD
      Pre-sale — Ended
      27 Nov 00:00 UTC
      18 Dec 00:00 UTC
      NA 30% - Uncapped Uncapped
      Pre-sale

      30% for early contributors

      Read more about vesting and bonus
      • Team

        • Lejla Trokic photo
          Lejla Trokic
          Development Manager
        • Nezir Begic photo
          Nezir Begic
          UX Designer
        • Eldar Kapetanović photo
          Eldar Kapetanović
          Web & App Developer
        • Lejla Trokic photo
          Lejla Trokic
          Blockchain Developer
        • Sead Pavica photo
          Sead Pavica
          Blockchain Developer
        • Anil Mujagić photo
          Anil Mujagić
          Senior Software Architect
        • Sascha Ragtschaa photo
          Sascha Ragtschaa
          CEO & Co-Founder
        • Florian Batliner-Staber photo
          Florian Batliner-Staber
          COO & Co-Founder
        • Ermin Dzinic photo
          Ermin Dzinic
          CTO & Co-Founder
        • Helen Tanner photo
          Helen Tanner
          Chief Marketing Officer
        • Carly Heath photo
          Carly Heath
          Social Media Manager
        • Mark Horner photo
          Mark Horner
          Bounty Manager
      • Advisors

        • Yana Afanasieva
          CEO and Founder of Competitive Compliance
        • Mark Westcott
          Co-Founder Shadow Fall Capital & Research
        • Iain Robertson
          Operations Director at Babcock MSS
        • Jan vom Brocke
          Professor of Information Systems at the University of Liechtenstein
        • Klaus Tschuetscher
          Former Prime Minister of Liechtenstein
        • Mark Pui
          Executive Director PWC Asia
        • Michael Ng
          Partner at MW Partners
        • Chris Prior-Willeard
          Founder of Hembury Associates

      Roadmap

      • Q1 2017

        Business case

        • Ideas and concepts are turned into reality: whitepaper, technical paper, mock-ups and process designs are created and finalised. Initial launch in the UK and Continental Europe.

        Business launch

        • Chainium is founded by Sascha, Florian and Ermin, having worked in the equity and technology industry for more than 15 years.
      • Q2 2017

        Partners & Advisors

        • Key partnerships and prominent advisory board members are added to the business.

        Prototype

        • The first alpha release of our platform goes live, adding the investor view and app for both Android and iOS devices.

        CHX token sale

        • The pre-sale and public sale for CHX are launched.
      • Q1 2018
        Platform release 1.0

        The first production ready iteration of our platform goes live to all business owners and investors, targeting small to medium businesses. Platform features such as API tools, apps and useful resources will be launched into a production ready state.

      • Q2 2018
        Platform release 2.0

        The full feature set for listed and unlisted companies (small / medium / large) will be available for all investors and all businesses. Supported by a global large-scale sales and marketing campaign.

      Activity