Waltonchain is giving all sorts of red flags:

The team holds 70% of the coin supply, in only 4 accounts on the blockchain explorer. That's rarely a good sign.

Poorly written whitepaper. Some of may be a language issue (but then again a professional company that is serious would have hired a native English writer to translate), but even the formatting and text alignment is messed up. Not to mention the vague descriptions and meaningless marketing jargon.

For the co-founder who is supposed to be the VP of supply chain of Septwolves, there’s no record of him at all working there ever. People called the company and they said they never heard of him. Apparently they released this photo to the media, which doesn't prove anything but that he went there and took a photo in front of the building. They initially had Septwolves as a "partner" on their site, but have since taken it down.