WAYKICHAIN’S - WORLD CUP 2022

INTRODUCTION

Waykichain is a Blockchain system featuring high-performance transaction processing, fast consensus methods, sophisticated smart contract engines, and blockchain update management features. It was designed to fit in places where other Blockchains could not. Waykichain provides a high level of scalability, solid blockchain architecture, and industrial solutions. It was, however, specifically developed to combine blockchain with business applications.

In addition, the Waykichain has the following features:

Sports Incorporated

It would please you to know that WICC is at the top of affairs ahead of the World Cup tournament. With the WICC token, you can be able to place bet, prediction and lots more to win more of the WICC token. Isn’t this amazing? The WaykiChain team absolutely knows what the masses want best. Already, the team has kick started series of tournament in respect to sport activities and engagement from nations to nations, continents to continents race to race, no one is left behind, all and every one is involved. So therefore, note that as an investor reading this, you’ve got cover and you know that means.

Exchange that is decentralized (DEX)

Waykichain would be creating her own DEX, which would be significantly superior to others. The DEX is an efficient decentralized exchange built on WaykiChain’s bottom layer, which supports the full process from fulfilling pending orders to matching and settlements. All transactions are logged on the chain in order to create an auditable transaction account. Furthermore, various forms of crypto assets produced by WaykiChain may be utilized to make purchases on DEX.

Systems of Governance (Governance Token)

With the implementation of stablecoin technology within WaykiChain, a governance token will be required for two purposes:

1) Acts as an equity for continually earning the interest incurred and accumulated via stablecoin actions (collateralizing, redemption, and liquidation.

2) Provides value to liquidate those CDPs that are under-collateralized in real-time through the system inflation process.

Block Browser A WaykiChain application data display system, Block Browser is a WaykiChain application data display system. It will display information such as transfer records and account balances based on blockchain app data. By definition, all data is open, transparent, and irreversible.

Wallet for Mobile.

WaykiTimes is a WaykiChain mobile wallet. It is primarily intended for crypto investors, blockchain developers, and industry partners, with the goal of making it easier for consumers to manage digital assets, enjoy De-Fi, and utilize other apps.

Browser Wallet Add-on

The browser wallet plug-in (e.g. WaykiMax) is a type of WaykiChain lite wallet that allows online browsers to connect with WaykiChain smart contracts as well as numerous decentralized WaykiChain apps. The barrier to use is greatly decreased, and the convenience of future asset releases and transactions is increased.

WICC is Waykichain’s native token and has 210,000,000 total supply. WICC tokens may only be utilized and distributed within WaykiChain apps. WICC can be earned by mining, voting, subscription, or trades with other holders, implying that WICC gains trade value through being listed on exchanges and traded with other crypto currencies. However, this does not mean that the WICC has the characteristics and value of a fiat currency.

WaykiChain allocated 60% of WICC total supply for public sale to make available sufficient funding for early stage development, as well as the equity and credibility of all partners, 60% of WICC will be available for public sale. The funds earned from the public auction will indeed be retained by the WaykiChain Foundation which have been rafted for operational i.e product development, technological upgrades, marketing, financing, legal counsel, and community incentives, among other things.

For early adopters, 15% of the total supply was for the development team, operations team, and early investors who contributed significantly to WaykiChain’s early development by giving people resources, resources, and technology, among other things. For their involvement, they will get a portion of the allotted WICC. The majority of this section of WICC will be set aside as incentives to promote the team’s long-term development and upkeep. These WICC will be frozen for a period of time, and holders will be unable to sell them during that time. The freeze will last six months. From the sixth month following the public sale, this frozen WICC will be unlocked at a rate of 5% per quarter.

For budget, 15% of the total supply was allocated to strategic planning. This portion of WaykiChain’s reserved WICC will be used for WaykiChain’s target industry deployment. It is controlled by the WaykiChain Foundation and will provide detailed use statistics on a regular basis. It will leverage token exchange and project support to link interest with influential forces in the target industry, develop WaykiChain’s influence in the target industry, and speed up the market expansion process.

For private investors, 10% of total supply was allocated for private investors. Early adopter investors provided funds with risk at the initial startup so therefore, were considered. As a result, private investors will receive 10% of the entire amount of WICC. The allocation for this were further predetermined to get freezer.

WICC brought into existence in January 2018 with a total supply of 210 million tokens, 15 percent (31.5 million) of which was allocated to the development team, operations team, and early investors for their contributions in the project’s initial stage. To demonstrate the team’s commitment to developing the WaykiChain project, the organization agreed to freeze the unfrozen tokens for another four years. WaykiChain mainnet smart contract locked 21 million WICC for four years in July 2018.

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