Wanchain is not an ERC2O token as it has a separate blockchain with a cross-communication protocol which provides a way to transfer data between Wanchain and other blockchains. Like Ethereum, WAN follows the Proof of Stake (PoS) algorithm, which maintains the overall network. Wanchain uses Locked Account Generation Scheme (LAGS) which enables to secure keys and funds when multiple parties are involved. Recently, Wanchain has been in the news as it has entered into a partnership with a Malaysian e-commerce giant PUC Berhard. (Wanchain news)
Wanchain is the blockchain, and Wancoin is the token. The transactions consume a certain amount of WAN, for which you need to pay the security deposits. The Wanchain Foundation is a non-profit organization based out of Singapore, founded by Jack Lu, who co-founded Factom, as well. Wanchain released their mainnet on January 2018 and on July 2018, they released Wanchain 2.0 version. Wanchain aims to decentralize the financial industry through cross-chain smart contracts.
Currently, Wanchain (WAN) is trading at $0.2860 with WAN price 1.07% down today. The market cap of Wanchain is USD 30,354,774 with 106,152,493 WAN circulating currently. The 24-hour price movement chart indicates that $2,377,399 worth of WAN were trading. The price peaked to $0.5007 in the last 24 hours while the lowest price was $0.4180.
Wallet Investor is one of the popular crypto price prediction sites, which have been realistic in presenting their forecast data about each and every coin. They have predicted that by 2019 end, WAN might fall and reach $0.0677.
Crypto Ground is one of the noteworthy crypto prediction sites which has forecasted weekly, six months, one year and five years price for Wanchain. They have predicted that WAN might reach $0.5966 in a year and $10.29 in 5 years-time-frame.
This is also a cryptocurrency price prediction site, which has predicted that by 2019 end, Wanchain might reach $32. This seems to be an optimistic bullish prediction as far as the current price is concerned.
As per very recent news, Wanchain has partnered with a Malaysian e-commerce firm called PUC Berhard. As per the experts, this partnership will strengthen WAN’s position in the blockchain vertical. Wanchain aims to be the go-to-blockchain for businesses which looks out to get the unique advantage of the Blockchain technology. Even Wanchain Beta went live recently, and also introduced a new wallet. This upgrade is bound to make it faster, cutting the block producing time from 10 seconds to 5 seconds. This kind of advancements might lead WAN to a different level altogether. By the end of 2019, Wanchain might reach $4.53.
Wanchain has plans of integrating with the EOS platform this year so that the community and the dapp economy can scale up. There are plans of adding more ERC20 tokens- True USD ns USDC along with BAT or Basic Attention Token. Around February 2019, Wanchain announced a strategic partnership with Kyber Network, which can promote cross-chain trading and instant liquidity of the virtual assets. By 2019, all these growth and developments might increase its value, and it might reach around $4.53.
Wanchain might increase its partnerships with coins and businesses, which might take it to a new level of milestones. Wanchain follower ratio and the adoption rate might also increase exponentially, which is one of the ways to move forward and gain a newer outlook in the cryptocurrency market. By the end of 2020, Wanchain might reach $9.06, which will give it a fresh perspective to perform and increase its margin.
By 2022, Wanchain might release its new version, i.e., Wanchain 4.0, which might come up with technology upgrade. The Wanchain community and the developers are updated with the latest change in the technology, and they might achieve new milestones, where the real-world applications might increase manifold. By the end of 2022, Wanchain might reach $12.604793. (Wanchain Future)
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2018-11-13 10:23:25.000001 | 2 min
2019-03-26 13:07:22.497537 | 2 min