SPIN Protocol Partners with Chromapolis
Hi Spinners :)
We are excited to announce that SPIN Protocol has partnered with Chromapolis, the relational blockchain platform developed by Chromaway. Currently advised by Charlie Lee, the founder of Litecoin, ChromaWay has been developing and providing industry-defining blockchain technology platform to public and private sector actors , mainly around real estate and finance.
Chromapolis, the Relational Blockchain with Full Scalability
The needs of SPIN Protocol
SPIN Protocol is a new way of connecting social media influencers with their audience and businesses. As much as there are already existing platforms for influencers to redirect our followers to try the products and services they use, all of them rely on a middle partner. This may result in unnecessary fees and a loss of data control and trust of the audience, which can affect the reputation of the influencers and the brands. Another existing problem is that some individual influencers might encounter problems to process commerce operations as opposed to bigger conglomerates. SPIN Protocol responds to the need of these influencers by building a decentralized platform for smart contracts between influencers and their followers.
While storing the information on the blockchain, SPIN Protocol also allows the influencers to analyze the data from their customers to offer better solutions and products to their followers.
SPIN Protocol already counts with more than 1700 brands of cosmetic and fashion products.
SPIN Protocol, the first use-case of Chromapolis
With this partnership, SPIN Protocol will be the first dapp to be running fully on Chromaway. SPIN Protocol will be built using Rell, the easy-to-learn but powerful language created for Chromapolis.
Chromapolis for the decentralized e-commerce platform
Chromapolis will provide fast and cheap payment methods for SPIN Protocol. The transactions on Chromapolis are significantly faster than in other platforms, with 500 to 1000 transactions per second.
Chromapolis also offers a better usability not only for the developer but also for the user. SPIN Protocol will be able to build in an easy-to-use platform, adapted to the needs of both influencers and customers.
The technology behind Chromapolis is relational blockchain. Using relational blockchain for any dapp, and for SPIN, in particular, will bring the best of a database and a blockchain, permitting the smart contracts to run smoothly on their own blockchain and to collect meaningful data from customers to permit a better user experience.
SPIN Protocol will be built to reach its maximum potential with the support from Chromapolis.
Team SPIN Protocol is looking forward to working with Chromapolis — We see great things coming our way !
About SPIN Protocol
SPIN Protocol is a decentralized commerce ecosystem for social influencers. We empower suppliers to reach target influencers directly without any intermediary parties to sell their products worldwide. Anyone could be an influencer of their interest, and monetize their fame by selling relevant products of their choice.
► Official Telegram Group: https://t.me/spinprotocol
