Wanchain

WAN Price

What is Wanchain about?

Wanchain seeks to link the present to the future, through the exploration and implementation of blockchain technology. Wanchain aims to build a distributed “bank”. Just as traditional banks are the infrastructure of the current financial framework, Wanchain seeks to build a new, distributed infrastructure of digital assets to form an improved, modern framework - an ambitious goal indeed.

What makes Wanchain unique?

Wanchain connects and exchanges value between different blockchain ledgers in a distributed manner. It uses the latest cryptographic theories to build a non-proprietary cross-chain protocol and a distributed ledger that records both cross-chain and intra-chain transactions. Any blockchain network, whether a public, private or consortium chain, can integrate with Wanchain to establish connections between different ledgers and perform low cost inter-ledger asset transfers. The Wanchain ledger supports not only smart contracts, but also token exchange privacy protection.

What's the history of Wanchain?

The Wanchain Foundation is a non-profit organization primarily operating out of Singapore but also has a significant presence in Austin, TX. Wanchain was founded by Jack Lu, a respected player in the blockchain space. Before his current role, Lu co-founded Factom and started Wanglu Tech, a blockchain application development company. Wanglu Tech has been a primary contributor to the open-source Wanchain project. Dustin Byington serves as the Wanchain President. Byington is a blockchain veteran having founded Bitcoin College in 2014 as well as co-founding Tendermint, a software mechanism to securely and consistently replicate applications across machines.

What's next for Wanchain?

Wanchain is a pioneering and potentially disruptive project with its sights set on becoming a super financial market of the world. Although achieving its lofty goal(s) is going to require a lot more work, Wanchain is further along its roadmap than some projects. But there’s still a good bit of “in theory” going on here. As Wanchain is addressing the whole financial market, it has a number of competitors. Most notably Fusion, Pantos, Ark, and Qash; some may even consider big players the likes of Ripple, Stellar and Ethereum competitors.

What can Wanchain be used for?

With Wanchain, any institution or individual can set up their own virtual teller window in the “bank” and provide services such as loan origination, asset exchanges, credit payments and transaction settlements based on digital assets. Under the guarantee of “banks” based on the blockchain infrastructure, more people can participate in financial services based on digital assets. To describe it more accurately, Wanchain is a distributed super-financial market based on blockchain.

Where can you buy Wanchain?

WAN tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Wanchain is Binance, where the most active trading pair WAN/USDT has a trading volume of $417,797.12 in the last 24 hours. Other popular options include HTX and CoinEx.

What is the daily trading volume of Wanchain (WAN)?

The trading volume of Wanchain (WAN) is $1,138,154.77 in the last 24 hours, representing a -16.80% decrease from one day ago and signalling a recent fall in market activity.

What is the all-time high for Wanchain (WAN)?

The highest price paid for Wanchain (WAN) is BTC0.001034, which was recorded on May 04, 2018 (over 6 years). Comparatively, the current price is -97.70% lower than the all-time high price.

What is the all-time low for Wanchain (WAN)?

The lowest price paid for Wanchain (WAN) is BTC0.0₅1967, which was recorded on Mar 13, 2020 (almost 5 years). Comparatively, the current price is 195.70% higher than the all-time low price.

What is the market cap of Wanchain (WAN)?

Market capitalization of Wanchain (WAN) is BTC430.2000 and is ranked #937 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of WAN tokens (200 Million tokens are tradable on the market today).

What is the fully diluted valuation of Wanchain (WAN)?

The fully diluted valuation (FDV) of Wanchain (WAN) is BTC455.3257. This is a statistical representation of the maximum market cap, assuming the maximum number of 210 Million WAN tokens are in circulation today. Depending on how the emission schedule of WAN tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Wanchain compare against its peers?

With a price increase of 8.90% in the last 7 days, Wanchain (WAN) is underperforming the global cryptocurrency market which is up 10.00%, while underperforming when compared to similar Smart Contract Platform cryptocurrencies which are up 10.10%.