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Wanchain

Blockchain Infrastructure

Overview

Wanchain supports cross-chain transactions between mainstream public chains, between private chains, and between public and private chains.

Wanchain is an Ethereum-based generic ledger that runs applications, with account models and smart contracts that implement various Ethereum functions.

Features

Wancoin is the native coin of Wanchain. Both cross- and intra-chain transactions consume a certain amount of Wancoin. Wancoin (Wanchain token) is also used in security deposits for the cross-chain verification nodes. Wanchain adopts the Proof of Stake (POS) consensus algorithm, the description of which can be found in a series of papers from Ethereum.

Wanchain allows for importing digital currency into Wanchain, launching private transactions on Wanchain and transferring digital currency back to the original chain. To some extent, the privacy protection of the original chain is achieved by masking the fund tracking paths.

A user transfers ETH from the Ethereum blockchain to the corresponding Wanchain smart contract address through a cross-chain transaction. The deposit on Wanchain releases a corresponding voucher (tokens on Wanchain that are similar to deposit bank receipts) to the user’s account on Wanchain.

Wanchain onset in 2018.

Technical Details

Wanchain will provide an infrastructure for cross-chain transfers between different blockchain networks. Wanchain will be a distributed ledger that: - achieves the interconnection and interoperability between different blockchain networks. - completes records of cross-chain transactions. - maintains cross-chain transaction details. Wanchain supports cross-chain transactions between mainstream public chains, between private chains, and between public and private chains

Crowdsale

Token Sale
ICO start date 01 Oct 2017
ICO end date 01 Nov 2017
Hard cap size 36,000,000 USD (fiat)
Raised 35,657,629 USD
Token details
Ticker WAN
Additional Token Emission No
Accepted Currencies

ETH

Token distribution

ICO 51% (107,100,000) Team 20% (42,000,000) Foundation 19% (39,000,000) Miners 10% (21,000,000)

Ratings

Type of ratings
Rating
Status
Risk score
Low
Active

Team members

Name
Position
Score
Social
4
Founder
4
4
4
4
4

Advisors

Name
Position
Score
Social
Advisor
3.2

Funding Rounds

Fund
Status
aum
Strategy
Live $78,000,000
Venture
Live $20,000,000
Venture
Live $300,000
Hedge , Venture , Trading
Live $1,700,000
Venture
Live NA
Venture

Development

Pre-Launch
Launch
Custom blockchain
Testnet
Mainnet
Done Done Yes Done Done

Exchanges

Exchange name
Country
Volume 24H
Pairs
Hong Kong $469.1M 419
B
Singapore $87.6M 100
B-
Seychelles $357.3M 303
C
NA $10.6M 486
C
NA $10.9M 112
NA
NA $451.7K 236
NA
India $284.3K 70
NA

Rating Review and Analytics

Investment rating Info NA
Hype score Info High
Risk score Info Low
Basic Review
Wanchain ICO Contacts
More on ICO

Trading

(WAN)
$0.2928
5.32% 24H
ETH
return 3.14x
Start ICO 01 Oct 2017
End ICO 01 Nov 2017
Token WAN
Price 1 WAN = 0.34 USD
KYC No
Whitepaper View
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