The Good Tech Companies - How Chillonic's "Chill-404" Protocol Could Transform NFTs and Memecoins

Episode Date: May 21, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/how-chillonics-chill-404-protocol-could-transform-nfts-and-memecoins. Chillonic’s Chill-404 Protocol bridges NFTs and memecoins, solving liquidity issues and creating a new dynamic asset class. Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #blockchain, #dlt, #cryptocurrency, #good-company, #memecoins, #chillonic, #sonic, and more. This story was written by: @ishanpandey. Learn more about this writer by checking @ishanpandey's about page, and for more stories, please visit hackernoon.com. Chillonic’s Chill-404 Protocol bridges NFTs and memecoins, solving liquidity issues and creating a new dynamic asset class.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. How Chilonix's Chil404 protocol could transform NFTs and memecoins. By A'Shawn Pondy, can a new blockchain protocol bridge the liquidity gap between NFTs and memecoins? Chilonix believes its Chil404 protocol might be the answer. Bridging digital collectibles and liquidity. Chilonic, a project built on Sonic's high-performance SVM blockchain, launched its NFT collection today. The highlight of this launch is the innovative, Chil 404, protocol, aiming to seamlessly bridge the gap between non-fungible tokens, NFTs, and meancoins.

The protocol allows holders to convert their NFCinto tradable tokens without losing the unique identity or rarity inherent in NFTs. We've created something truly revolutionary with Chalonic's Chill 404 protocol, said Sen, core contributor at Chalonic. Greater than, for the first time, NFT holders can access instant liquidity without greater than sacrificing rarity and identity, while meancoin traders can acquire meaningful greater than digital assets with genuine community and cultural value. NFTs, digital assets that represent ownership of unique items like art or

collectibles, traditionally face liquidity challenges. Unlike cryptocurrencies, NFTs cannot be quickly traded without affecting their intrinsic value. Meancoins, however, are fungible tokens often traded rapidly but lacking unique value. Chill 404 aims to resolve these constraints. How the Chill 404 protocol works. The Chill 404 protocol allows NFTs to be broken down into smaller, tradable units called dollar chill tokens. These tokens can then be traded freely across decentralized and centralized exchanges. Conversely, traders holding sufficient dollar chill tokens can reconstruct the original NFT,

thus preserving its collectible value and identity. This mechanism ensures dynamic movement between NFTs as collectibles and dollar chill tokens as liquid currency. By splitting NFTs based on rarity, the protocol maintains the collectibles' inherent value. The double flywheel effect. Chalonic also introduced the double flywheel mechanism to support sustainable growth. The mechanism is designed around two core concepts. 1. Liqu liquidity flywheel. Assets can dynamically shift between rare NFTs and liquid dollar chill tokens, adapting to market fluctuations and ensuring continuous value preservation. Two, attention flywheel. Captures fleeting market attention, converting it into long-term community engagement and demand for tokens.

The resulting increase in community growth and token visibility further boosts market value. This model represents a fundamental evolution in how digital assets capture and maintain value, said Sen. By connecting liquidity with attention, we're building a self-reinforcing ecosystem that benefits both traders and collectors. Launch Timeline, Restrictions, and Governance Approach Chalonix Launch is designed to emphasize market stability and collectors. Launch timeline, restrictions, and governance approach. Chalonix launch is designed to emphasize market stability and fairness. The initial public mint will lock NFTs from splitting for six months. This ensures that early buyers do not flood the market with dollar chill tokens, which could dilute value and destabilize prices. All funds raised from the mint are being directed towards adding liquidity on Sega decks

through the chill sonic trading pair. This decision aligns with the protocol's focus on sustainability rather than short-term hype. Sen emphasized. Greater than, by dedicating all public mint proceeds to liquidity, we're demonstrating our greater than commitment to building a sustainable ecosystem. This approach contrasts with many recent NFT projects that redirect funds toward marketing, development, or venture paybacks. Instead, Chalonic leans toward a community-aligned liquidity-first model. The Chil 404 split and merge platform is accessible at http://chalonic. Fun, the role of Sonic SVM, why it matters, the Sonic SVM, Solana Virtual Machine, is

the underlying infrastructure powering Chalonic. It is a chain extension to Solana and serves as a programmable attention layer for blockchain apps. In practical terms, this means that Sonic SVM can process not just financial transactions, but also interactions related to user engagement, attention spans, and social participation, key metrics in the world of meme coins and NFTs. Sonic SVM was built on the HSSN network, which provides composable tools for developers,

reducing the need to build custom tracking or attention layer logic. For Chalonic, this infrastructure ensures that identity, engagement, and liquidity data are all on-chain and composable with other apps. This could allow other NFT projects or games to plug into the Chill 404 protocol in the future. Final thoughts, the Chill 404 protocol from Chalonic represents a notable evolution in blockchain-based asset management. By offering a practical solution to end liquidity issues, it significantly improves the flexibility and appeal of NFTs. However, success will largely depend on market acceptance and the protocol's

robustness in maintaining asset value during volatile market conditions. Ultimately, Chalonic's innovative approach could set a new standard in digital asset management. Don't forget to like and share the story. Thank you for listening to this Hacker Noon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.