SolCHAT- the future of Web3 communication, the next Telegram on Solana

What happens when you combine the bullrun cryptogiant Solana (SOL ) with next generation communication .

Enter Solchat – a decentralized messaging app that runs on the Solana blockchain. . It aims to provide a secure, private, and censorship-resistant communication platform for Web3 users.

It uses WebRTC, a robust, open-source framework designed to facilitate real-time communication (RTC) across the web.

Features include :

• Chat with your friends using text, audio, video, pictures, and emojis, all encrypted and peer-to-peer using WebRTC like whatsapp .
• Pay your friends using SOL, the native cryptocurrency of Solana, with low fees and fast transactions.
• Stake your $CHAT tokens to access premium features such as custom emojis, themes, and more.

Why is it different ?

• Decentralization and Privacy: Solchat is built on the Solana blockchain, which is a distributed network of nodes that store and validate transactions. Users own their data and identity, and can communicate without intermediaries or censorship.
• Encryption and Security: Solchat uses end-to-end encryption for all messages and media, meaning only the sender and receiver can access them. Solchat also leverages the proof-of-history mechanism of Solana, which ensures the integrity and chronology of the messages.
• Peer-to-Peer Communication: Solchat enables direct and real-time communication between users, without relying on any servers or intermediaries. Solchat also supports offline communication, as users can send and receive messages even when they are not connected to the internet. Other chat apps depend on servers and cloud services to facilitate communication between users. Users have to be online to send and receive messages, and their communication can be disrupted or delayed by network issues or server outages.
• Blockchain-based Features: Solchat offers unique features that are enabled by the blockchain technology, such as smart contracts, NFTs, tokenization, and decentralized applications. Users can create and exchange digital assets, access various DApps, and monetize their communication.
• Cost Efficiency and Tokenization: Solchat is free to use, as it does not charge any fees for sending or receiving messages or media. Solchat also has its own native token, $CHAT, which is used to reward users for their activity and participation, and can be exchanged for other cryptocurrencies or fiat money.
• User Autonomy and Control: Solchat gives users full control and ownership over their data and communication, and allows them to customize their preferences and settings. Users can also delete their messages and media permanently, and opt out of any feature or service they do not want.

Tokenomics

Its native token is CHAT, which has a market cap of $3.4 million and a circulating supply of 8 million tokens. According to one prediction, CHAT can deliver a 10,000% ROI by the end of 2025, as it has a very low market cap that can easily go up to $1 billion if the market remains bullish. 

The total supply of $CHAT is 1 billion, with 40% allocated to the community, 20% to the team, 15% to the foundation, 10% to the marketing, 10% to the liquidity, and 5% to the advisors. The token distribution will be done over a period of four years, with a vesting schedule for each category

It is expected for CHAT to trade in the range of $50 to $100 during 2025. However, this prediction is not financial advice and should be taken with caution, as the crypto market is volatile and unpredictable.

Staking

Solchat introduces a staking mechanism where users can stake their $CHAT tokens in the SolRocket staking pool to earn an attractive annual percentage yield (APY) of 30%. This innovative feature not only offers a substantial return on investment through staking rewards but also unlocks additional premium functionalities within the Solchat ecosystem.

Stakers will gain exclusive access to enhanced features such as custom stickers, high-definition (HD) voice calling, and HD audio services, enriching the user experience. Moreover, as part of the Solchat community’s commitment to value-sharing, a portion of the revenue generated from the staking pool will be distributed among the stakers.

SolChat has a growing community on X and is followed by toly the cofounder of Solana generating a hype and accelerated interest in the project

So, whether you’re discussing NFTs, collaborating on a project, or catching up with friends, Solchat ensures a seamless, secure, and cost-effective experience. 🚀🌐🔒

Solchat is secure, private, and fun. You only need a wallet to start chatting and paying on Solana. 🔥

Join the bandwagon early and maximise your profits Solchat – Solana Communication Protocol

This is not financial advice. Crypto markets are volatile and you can loose all your investment in volatility . Do your own research before any investments