ChainPort — Blockchain Bridge

INSIDERS VENTURES
3 min readMar 2, 2022

ChainPort is a simple and fast blockchain bridge that allows people to transfer their tokens between different blockchains with a couple of clicks.

Chain Port Benefits:
-Simple and safe to use interface
-ChainPort is the fastest bridge.
-Average transaction time is only 2.5 minutes
-MPC with cold wallet protection from Gnosis Safe and Fireblocks
-Multiple levels of security
-ChainPort will provide a private bridge for businesses to use by projects
-Transfer your tokens between blockchains in two clicks
-API integration that will allow you to add ChainPort bridges for your tokens directly from your wallet;

ChainPort is compatible with Metamask, Trustwallet and other popular hot and cold wallets.

ChainPort already supports:
-
Binance Smart Chain
-Ethereum
-Polygon
-Avalanche
-Fantom
-Moonriver
-fuse

Coming Soon — Solana, Terra, Aurora, Arbitrum

Security!
Multi-sig cold wallet protection. ~95% of assets are protected in multi-signature cold storage, while only up to 5% is stored on the smart contract itself during the transaction.

Independent Audit. ChainPort smart contracts are verified by blockchain security leaders such as Certic. The audit report can be viewed here.

Separation of storage. Instead of leaving all funds in one vault, each bridge’s funds are stored in three separate vaults.

Comparison with competitors

Road map

1 sq. 2022

-Launch of staking to reduce the percentage of fees paid
-Contract rebalancing
-Support for native assets other than ETH
-Launching a bug bounty program
-Embed Widgets
-Insurance program V1
-All other EVMs + Terra
-NFT V1 (EVM)
-ChainPort for Business V1

2 sq. 2022

-Solana + Cardano
-ChainPort for Business V2
-Advanced API
-Providing liquidity
-Investors and partners
-DAO Maker, Kairon, Master Ventures, Hord, vent, Xcad Network, Gamestarter, poolz, etc.

Tokenomics
-Token — $CPT
-Total Supply — 1,000,000,000
-Initial Circulation Supply — TBA
-Initial Market Cap — TBA
-Our round: Pivate: $0.07 token price.
-10% TGE followed by a 6 month cliff followed by a 25 month linear vesting.
-Public round (IDO): the cost of the token is $0.12.
-10% TGE, then a 6 month cliff followed by a 25 month linear vesting.
-IDO — DaoMaker
-Date — TBA

TEAM
Idan Portal
is the founder. Has over 7 years of experience in back-end development. For the last 6 years, he has been actively developing his own crypto projects.

Eitan Lavi is the co-founder of Dcentralab. Responsible for technology and security department. Founder of startups: MedCPU, Wochit, Anyword.

Erez Ben Kiki is the co-founder of Dcentralab. Responsible for the Operations Department. Over 9 years of experience in traditional finance. 4 years of experience in marketing.

Links: 👇

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Твиттер

Medium

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