Gather and Chromia Enter a Strategic Partnership
Posted by admin on October 12, 2020
Gather proudly announces a new strategic partnership with Chromia, a public relational blockchain platform developed by ChromaWay. This new partnership will mutually benefit both parties by expanding their respective networks, creating a high exposure for their native tokens & implementing an unprecedented revenue system for the developer community.
Chromia, providing an opportunity to create a fully decentralized application, is conceived in response to the shortcomings of traditional blockchain development platforms and designed to enable a new generation of dapps to scale beyond what is currently possible. Chromia encourages people having less technical knowledge to launch dapps.
Gather builds a marketplace based platform that allows publishers to monetize without ads and provides businesses & developers access to cheap and reliable processing power.
Gather’s new partner, Chromia, will propose Gather’s unique dapps monetization solution to allow rewarding their developer community in $CHR, Chromia’s native token, while building dapps. And as a result, Chromia dapp users will provide a continuous processing power to Gather Network, creating added value for both parties. Proposing integration of Gather Online as an option for dapps developers will differentiate Chromia from other platforms by incentivizing developers to earn more in $CHR with their dapps.
Once Gather’s easy to incorporate technology is integrated by dapps developers, Chromia dapp users will just need to opt-in to share their processing power, dapps developers will start generating revenue in $CHR and if they choose to activate Gather’s loyalty program, dapps users will be further rewarded in$CHR for the time spent on their Chromia dapps.
Having $CHR integrated with Gather Online, Chromia community will also benefit from additional exposure of $CHR to the global user base of Gather online, who in most cases are first time Crypto users. This will also provide the Chromia community a further incentive to integrate Gather Online in their own websites or applications. In return, they will be able to generate additional revenue to their existing ads in $CHR tokens, where they can also choose to go ad-free to facilitate an enhanced user experience while still earning.
Reggie Jerath, Gather CEO’s thoughts on the new partnership:
“Chromia will be the first to integrate our dapps monetization solution to create a further incentive for dapps developers to build on their platform. This provides an additional revenue stream for the developers and makes it more attractive for them to build on Chromia. They can also reward the users for the time spent on the decentralized applications, enabling a new form of passive income through our loyalty program. This partnership is a win/win for both parties. Gather adds more processing power to the network, and Chromia users will enjoy $CHR global payouts where Gather Online is used. Furthermore, $CHR will be exposed to first time crypto users. ”
Chromia’s CEO Henrik Hjelte added:
“Gather partnership is very exciting for us in the sense that it is adding another dimension to incentivize dapps developers to build on our platform. If the developers choose, they will integrate Gather Online in dapps and they will be rewarded with our native token by allowing users to share their processing power for the time spent on dapps without disrupting the experience. It is an innovative edge and a complementary fit to our offerings. On the other hand, $CHR will be further exposed to first time crypto users as it will be seen as a payout option for all websites or applications that are using Gather as Gather’s solution is independent of sites.”
Details of the integration date will be announced separately at a later stage as Gather mainnet goes live.
About Gather Network
Gather has developed a powerful new technology that allows web and mobile developers to earn money by contributing processing power , unlike any other digital monetization tool available today. Imagine an Internet where web and application developers can generate revenue without having to rely on intrusive Ads. A new revenue stream without ads, and one that is reliable and rewarding. The processing power gathered will then be redistributed, providing a cheaper alternative to current Cloud markets products. Gather is unlocking a new type of business model for the internet by allowing publishers to monetize without ads and by providing businesses & developers access to affordable and reliable processing power.
For more information, visit https://gather.network.
Chromia is developed by ChromaWay, a Swedish blockchain company that has been strongly involved in the industry since 2014.
Chromia is both a blockchain and a relational database. This means that decentralized applications (dapps) can be written in a way that is familiar to developers all over the world, whether they work on large enterprise applications, games, or smaller projects.
You can find more information about Chromia on the links below: