Chedda Token is not tradable on Coinbase.

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About Chedda Token

Buying CHEDDA is just as easy as ordering the extra cheesy nachos. CHEDDA is an ERC20 token on the Ethereum blockchain. It has a 3% tax on every transaction. 1% of that tax is burned forever. The other 2% is for Marketing and Project Development. This makes CHEDDA a deflationary cryptocurrency. 100B CHEDDA tokens have been minted. Half of the supply was burned after, with a total circulating supply of 50B tokens. 10% of the tokens will be released for presale.

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£0.000002981

Market Stats

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Performance

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Additional details

Recent trends

The current price is £0.000002981 per CHEDDA with a 24-hour trading volume of £0.00.

Market details

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Network & Addresses

Network
Address

Ethereum

0x16756EC1DEb89A2106C35E0B586a799D0A61837D

Price history

Time
Price
Change
Today
£0.000002981
NaN%
1 Day
£0.000002969
0.00%
1 Week
£0.000002854
0.00%
1 Month
£0.000003059
0.00%
1 Year
£0.000002374
0.00%

Past performance is not a reliable indicator of future results. Learn more about asset risks.

FAQ

Chedda is a utility token that provides its holders access to exclusive community experiences. According to the whitepaper of the project, the Chedda token is a first-of-its-kind utility token that relates to culture. Chedda token is decentralized, and is created on the Ethereumblockchain. The Chedda token is based on ERC-20 token standards. The protocol chose Ethereum blockchain to guarantee the integrity and traceability of the cryptocurrency. Ethereum blockchain is secured by thousands of nodes running worldwide, which makes Ethereum a secure blockchain. 

CHEDDA is the native cryptocurrency of the Chedda protocol. CHEDDA claims to benefit the holders of the token in many ways. As per its whitepaper, CHEDDA token provides an event named ‘Get-to-Getha’s.’ Get-to-Getha’s are fun and free opportunities provided to the holders of the CHEDDA token to meet and hang out with other CHEDDA wallet holders. To access this opportunity, there is a simple requirement that a user must have an active CHEDDA wallet. 

Further, the holders of CHEDDA tokens also get special access to CHEDDA non-fungible tokens (NFT) drops. The NFT royalties intend to pay for such CHEDDA events happening around time. The protocol also organizes CHEDDA culture conferences where wallet holders intend to be air-dropped with NFT tickets to special events. Such special events seek to have speakers, DJs, influencers, and various athletes. Further, the protocol supports staking and yield farming.

Chedda is also a deflationary token. This means that the Chedda tokens are burned with every transaction. Burning half of the token supply and one percent of every transaction intends to decrease the total supply of Chedda tokens over time. Cryptocurrency burning is when a fraction of tokens is sent to a wallet with no private key. This means the tokens are lost forever. Tokens are usually burnt to reduce availability and increase the market value. The total supply of CHEDDA is a hundred billion.

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