OpenChat is an open source organization created by former Google employees. BeeChat is a decentralized application that runs under the protocol framework provided by OpenChat. ChatCoin, referred to as CHAT, is used to distribute red envelopes, rewards, and pay to enter the small BEE circle in chat tools.

1. Project application

Currently, many decentralized applications run under the protocol provided by OpenChat. Decentralized applications utilize economic incentives to bring other digital services and applications into the OpenChat ecosystem, such as providing the convenience of using digital wallets to facilitate transfer and exchange. The OpenChat reward engine will provide ChatCoin as a natural incentive for digital service providers.

2. Project Features

1. Highly practical
Development of blockchain and decentralized applications is complex, but OpenChat solves this problem by providing a modular protocol framework that makes it easy to build specific blockchains that require complex operations.

2. High scalability across chains
OpenChat builds an effective consensus engine to solve unproven workload problems while increasing the environment friendliness, all other blockchain connections will be fast and friendly.

3.Internet of Everything
Not only DAPP, it will also connect to the blockchain economy. OpenChat solves many cross-chain assets transfer problems. The new messaging protocol provided will break the isolation of each blockchain itself.

III. Token allocation

ChatCoin release:
•40% token exchange
•10% marketing and branding
•20% of OpenCHAT teams and developer community
•30% of ecosystem development

Related links:
http://www.openchat.co/