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CoChilli (Chilli)

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Status
IDO

CoChilli is bringing gambling onchain, utilizing groundbreaking Virtual Engine technology to eliminate latency and gas fees, allowing for a truly frictionless user experience.

CoChilli White Paper Whitepaper

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Interest lvl
Low
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User Rating
Medium
3/5 1 votes
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Ticker
Chilli
Type
Utility-token
Token standard
ERC-20
Registration year2023

What is CoChilli

By harnessing the power of Virtual Rollup, a cutting-edge Zero-Knowledge state channel developed by Virtual Labs, we bring settlement offchain. This innovative approach addresses two major pain points in the current market: latency and gas fees. CoChilli eliminates the need for users to engage in multiple transactions, streamlining the process to just a single deposit and withdrawal transaction.

In this new paradigm, CoChilli ensures that users can engage in an infinite number of operations without wallets, latency and gas. Through the use of the state channels, the intricacies of web3 technology are abstracted, enabling users to enter without needing an in-depth understanding of the underlying blockchain mechanics. This user-friendly design fosters accessibility for a broader audience, democratizing the world of onchain gambling and making it easy to use for those less acquainted with web3.

We are at the forefront of revolutionizing the gambling industry with the CoChilli Trade app (the first gamified trading protocol) already live and are focused on building 3 verticals that combined will give rise to the most advanced onchain betting ecosystem:

  • Trade
  • Casino
  • Sportsbook

CoChilli Roadmap

1
Q3 2023
  • Seed Round Closed
  • Smart Contract and App Development
  • Community Building
  • Launch of the Public Beta V1 (price predictions)
2
Q4 2023
  • Introducing New Features
  • Launch V2 Closed Beta tests (ZK Rollup)
  • Private Sale Closed
  • Partnership with Virtual Labs
3
Q1 2024
  • Mainnet launch
  • TGE of $CHILLI
  • Sportsbook build Azuro infrastructure
  • Gamfiied Staking with Real Yield
4
Q2 2024
  • Introduce CoChilli Casino
  • Building B2B Infrastructure
  • Expanding the Team

Token Sale Dates

IDO

Start date: Apr 10, 2024
End date: Apr 10, 2024

Token Allocation

Total Token Supply 16,000,000 Chilli

Token distribution


Seed - 14%
Private - 12%
IDO - 9%
Liquidity Pool - 10%
Team - 20%
House rewards - 10%
Marketing - 10%
Operations - 10%
Liquidity house - 5%

Token Price and Payment Options

Token price USD 1 Chilli = 0.25 USD

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