diff --git a/app/prefix.go b/app/prefix.go
new file mode 100644
index 000000000..0515026f3
--- /dev/null
+++ b/app/prefix.go
@@ -0,0 +1,48 @@
+package app
+
+import (
+	"log"
+
+	sdk "github.com/cosmos/cosmos-sdk/types"
+)
+
+const (
+	CoinType       = 394
+	FundraiserPath = "44'/394'/0'/0/1"
+)
+
+var (
+	AccountAddressPrefix   = "cro"
+	AccountPubKeyPrefix    = "cropub"
+	ValidatorAddressPrefix = "crocncl"
+	ValidatorPubKeyPrefix  = "crocnclpub"
+	ConsNodeAddressPrefix  = "crocnclcons"
+	ConsNodePubKeyPrefix   = "crocnclconspub"
+	HumanCoinUnit          = "cro"
+	BaseCoinUnit           = "basecro" // 10^-8 AKA "carson"
+)
+
+func SetConfig() {
+	config := sdk.GetConfig()
+	config.SetBech32PrefixForAccount(AccountAddressPrefix, AccountPubKeyPrefix)
+	config.SetBech32PrefixForValidator(ValidatorAddressPrefix, ValidatorPubKeyPrefix)
+	config.SetBech32PrefixForConsensusNode(ConsNodeAddressPrefix, ConsNodePubKeyPrefix)
+
+	config.SetCoinType(CoinType)
+	config.SetFullFundraiserPath(FundraiserPath)
+
+	croUnit := sdk.OneDec()
+	err := sdk.RegisterDenom(HumanCoinUnit, croUnit)
+	if err != nil {
+		log.Fatal(err)
+	}
+
+	carsonUnit := sdk.NewDecWithPrec(1, 8) // 10^-8 (carson)
+	err = sdk.RegisterDenom(BaseCoinUnit, carsonUnit)
+
+	if err != nil {
+		log.Fatal(err)
+	}
+
+	config.Seal()
+}
diff --git a/cmd/chain-maind/cmd/root.go b/cmd/chain-maind/cmd/root.go
index 80893ac7d..ec3f07186 100644
--- a/cmd/chain-maind/cmd/root.go
+++ b/cmd/chain-maind/cmd/root.go
@@ -38,6 +38,7 @@ import (
 // NewRootCmd creates a new root command for simd. It is called once in the
 // main function.
 func NewRootCmd() (*cobra.Command, params.EncodingConfig) {
+	app.SetConfig()
 	encodingConfig := app.MakeEncodingConfig()
 	initClientCtx := client.Context{}.
 		WithJSONMarshaler(encodingConfig.Marshaler).