1. What is ICHI?

Introduction to ICHI Cryptocurrency

ICHI is a cryptocurrency project that holds significant historical importance and has unique characteristics. By adopting a decentralized financial model, it offers users a new way to trade digital assets. ICHI is a deflationary token with a fixed supply, which means that over time, the supply of ICHI will gradually decrease, thereby ensuring value for its holders.

Main Features

1. Decentralized Nature: ICHI employs blockchain technology, eliminating the need for third-party or central authorities to manage transactions and validations. This allows ICHI users to conduct transactions in a secure and anonymous manner without the worry of information leaks or tampering.

2. Self-Appreciation Mechanism: ICHI tokens feature a self-appreciation mechanism that enables holders to benefit from the appreciation of the tokens. This means that users holding ICHI have the potential for capital gains while also enjoying the stability of the token.

3. Digital Asset Trading Model: ICHI provides a new way to trade digital assets, allowing users to trade ICHI tokens anytime and anywhere without going through cumbersome intermediary processes. This makes international trading of ICHI possible, enhancing global economic connectivity.

Use Cases

1. Angel Liquidity Vaults: ICHI utilizes Angel Liquidity Vaults to enable low-cost listings, protocol growth, and ecosystem acceleration. This presents a unique opportunity for crypto projects to manage their token liquidity and eliminate market volatility.

2. Lending Pools: ICHI has launched the Fuse Pool on Rari Capital to facilitate lending. This allows users to leverage their ICHI and xICHI to borrow Branded Dollars and other assets.

3. Community Stablecoins: ICHI deploys algorithmic stablecoins that anchor 1 USDC specifically for any cryptocurrency community. This allows projects to create a community stablecoin worth exactly 1 dollar and backed by their native tokens.

In summary, the ICHI token holds significant historical importance and unique characteristics within the cryptocurrency space. It creates a secure and reliable digital asset trading environment for users through its decentralized financial model, stable pricing, and self-appreciation mechanism.

2. Who founded ICHI?

The information about the founders of ICHI has not been disclosed, as the founders have chosen to remain anonymous.

3. Which venture capitalists invested in ICHI?

According to the search results provided, there is no direct mention of which venture capitalists invested in the cryptocurrency ICHI. However, the following information may relate to your inquiry:

• ICHI Collaborations: ICHI has partnered with Ren to launch community-governed stablecoins for each asset supported by RenVM, enabling cross-chain stablecoins using any Ren-based asset.
• Related Investments: Other investments in cryptocurrencies and projects such as Ethereum, Axie Infinity, and OpenSea have been mentioned, but investors in ICHI have not been directly referenced.

If you need more specific information, please try using more specific keywords or visit ICHI's official website or related news sources.

4. How does ICHI operate?

The operational principles of ICHI cryptocurrency:

1. Algorithmic Stablecoins: ICHI is an algorithmic stablecoin protocol that allows any cryptocurrency community to deploy its own community-specific stablecoin anchored to 1 USDC.

2. Decentralised Monetary Authority (DMA): ICHI is based on a unique DMA protocol, allowing any crypto project to create a community stablecoin worth exactly 1 dollar, supported by its native tokens.

3. Angel Liquidity Vaults: ICHI leverages Angel Liquidity Vaults to enable low-cost listings, protocol growth, and ecosystem acceleration. These vaults can be created on platforms like Uniswap v3, providing stable liquidity.

4. Stablecoin oneFIL: ICHI has announced the launch of the stablecoin oneFIL, based on the Filecoin network, backed by USDC and the native token FIL of Filecoin. oneFIL can be used for hardware payment, storage fees, and earn yields in DeFi.

5. Minting and Redemption: oneFIL can be minted by providing a portion of renFIL and USDC, making each oneFIL worth 1 dollar. oneFIL can be redeemed for USDC from the ICHI app, with each oneFIL valued at 1 dollar (minus a 0.45% redemption fee).

In conclusion, ICHI cryptocurrency offers a stable means of exchanging web3 storage services through its algorithmic stablecoin protocol and Angel Liquidity Vaults, opening up a new generation of yields for FIL and renFIL holders.