Why you should be investing in wanchain now

in #wanchain5 years ago (edited)

Upon launch of our impending Wanchain 3.0 release, any dApp, protocol, DEX, or other project built on Ethereum will be able to break down the wall between their network and the entire community of Bitcoin users

Wanchain blog post by Micheal, the marketing specialist at wanchain

Each time I read lines such as these, I am filled with exhilaration, filled with anticipation that blockchain technology is moving at a very fast pace and Wanchain with its protocols are likely going to be in the forefront of the field in years to come.

Hello world, Wanchain is ripe for investing

Breaking down barriers between blockchains and conferring operational benefits to different blockchains, that is what wanchain is doing today.

While researching about wanchain, I wrote about how wanchain is a cross-chain blockchain service which is able to connect to multiple chains via a series of protocols.

This has the benefit of allowing transactions between chains, giving rigid and not so scalable blockchains the ability to scale, the ability to expand their network.

On October 1st, a marketing specialist at wanchain known as Michael released an amazing article titled Wanchain 3.0 Beta Testing is Now Open and it opened up a lot of opportunity for those interested in the project to take a peak.

The update is in line with the road-map of wanchain which has been followed pretty consistently, showing a team that is dedicated to the growth of their product.

Around July 2018, wanchain 2.0 was launched, enabling ethereum cross-chain capabilities.

One of the hidden advantages of a wanchain-ethereum cross is the fact that wanchain is fully capable of hosting dApps built on the ethereum network. The ethereum and wanchain blockchains are quite similar.

Any Ethereum Dapp will run on Wanchain with zero code changes, yet, applications can be enhanced with Wanchain's APIs to leverage privacy protection and cross-chain capabilities

wanchain homepage

That is a direct quote from the wanchain website, it highlights the advantages of wanchain over ethereum. As with all crypto coins with privacy settings, the claims will be tested in the near future by the community, its left to see how wanchain holds.

Wanchain 3.0 is meant to bring the power of the bitcoin blockchain and community to the wanchain ecosystem.

The full launch of wanchain 3.0 is expected around December 2018 according to the road-map. Wanchain is also making plans to connect with other blockchains and projects.

Perhaps the most anticipated function I await to see in wanchain 3.0 is the bridging of bitcoin to ethereum via wanchain. This effectively leads to a three-way combination of blockchains and their communities, developers, among others.

Wanchain operates with a here and now kind of philosophy, working with blockchains that already exists and having clearly defined goals.

Wanchain(Wan)

efqwyuee3wsog3jegyzj.png
The coin that powers the wanchain platform is called wanchain(WAN), with a total supply of 210m tokens, with only 51% of that being sold for the ICO.

It is the backbone of the entire platform and it is expended as transaction fee whenever a cross-chain transaction occurs.

As such, the more popular the wanchain project gets, the more chains it adds, the more valuable wanchain(WAN) as a coin becomes.

It reached a record high of $9.9 in May 2018 but has since dwindled down in price, largely due to the extensive bear market throughout the year in the crypto space. It now sits at $0.995 or 0.00015287 BTC per (WAN) as of the last price check.

While this might seem like a dramatic loss for potential investors, it is still holding well off the ICO price, which was around $0.34. This is still approximately x3 of the ico.

Combine that with the fact that the team has continued to follow their roadmap, as well as keep communications and product launching constant, one has a recipe for a coin that is more than capable of moving beyond its previous ATH.
link to coinmarketcap

That said, the current price bracket is the lowest since its ICO.

With plans such as the upcoming wanchain 3.0 in December and wanchain 4.0 in 2019, it is worth paying attention to it.
wanchain bakance from binance.png
bought some WAN, wanchain is on binance

It is currently trading on some exchanges, namely, binance, kucoin and huobi.

As with any good project, the realization of plans take time, manpower and lots of vision.

A dedicated team with great communication skills, is highly needed in any financial situation and wanchain is one of the few who does that currently in the crypto space.


Some links you can check out
Project Website: https://wanchain.org/

· Products & Services: https://wanchain.org/product

· Documents: http://www.wanchaindocs.org/en/latest/

· Facebook: https://www.facebook.com/wanchainfoundation/

· Medium: https://medium.com/wanchain-foundation

· Telegram: https://t.me/WanchainANN

· Whitepaper: https://wanchain.org/files/Wanchain-Whitepaper-EN-version.pdf

· Yellowpaper: https://wanchain.org/files/Wanchain-Yellowpaper-EN-version.pdf

· Commercialpaper: https://wanchain.org/files/Wanchain-Commercial-Whitepaper-EN-version.pdf

· WANCHAIN next event: https://wanchain.org/events

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