The better ripple ? Meet Wanchain the financial super system!
Hello my fellow cryptonerds! Today we have a look at Wanchain. It will hit the exchanges in december and it is very promising.
What is Wanchain?
Wanchain aims to create a new financial super system that enables cross-blockchain transactions.
The positive
- Financial super system: Wanchain connects and exchanges value between financial blockchains and want to build a distributed bank.
- Team: They got a big team with huge experience which covers most areas of business. And they got 11 experienced advisors.
- 210 million total supply and 107 million circulating supply: It allows the coin to grow nice if it hits the exchanges.
- Exchange, Loans, Investment, Crowd-Funding: Wanchain provides all financial services in just one solution.
- Universal cross-chain protocol: Community developers can create independant services. Any blockchain – private, public, or a consortium chain – can integrate with Wanchain to establish connections between different ledgers and perform low cost inter-ledger asset transfers.
- Multicurrency wallet with API: Developers can create multicurrency wallets and integrate them in their services.
The negative
- No new idea: There are several other coins with cross-chain trainsactions or financial systems e.g. ICON or Ripple.
- Mainnet not live: The product is not finished yet, so you have to trust the promises.
- New company: Wanchain was launched in June 2016 and published its whitepaper in July 2017. Its really early stage and has to prove it is the financial super system.
My conclusion
I already invested in the ICO but im planning to buy more WAN coins as soon it hits the exchanges. I think it is a great long term investment where we could see 100 times gains if they manage to prove Wanchain is the financial super system like they want it to be.
Final rating: 5/5 - a real gem!
This is not financial advice, always do your own research.
For more information: wanchain.org
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Interesting
I will follow you to see your future posts!