IITMIND: EdTech, Finance and Crypto currencies



An Introduction to Wanchain:-

Wanchain is the world’s premier decentralized blockchain interoperability solution. The mission is to drive blockchain adoption through interoperability by building fully decentralized bridges that connect the world’s many siloed blockchain networks. This cross-chain infrastructure empowers developers to build truly decentralized cross-chain applications to power the future of DeFi.

Wanchain has been building its cross-chain infrastructure since 2017. In early 2021, it launched the world’s 1st decentralized BTC-ETH direct bridge. Wanchain also offers decentralized bridges connecting Bitcoin, Ethereum, Wanchain, EOSIO, Binance Smart Chain and XRP Ledger, with other chains such as Polkadot on the horizon.

What are WAN tokens?

Wanchain’s native utility token is called WAN. It has a max supply of 210,000,000 tokens. WAN was first released via a token sale in October 2017 at a rate of USD 0.34 / WAN. WAN tokens enable several functions including regular transactions, cross-chain transactions, private transactions and smart contracts.

Features and Amazing things about Wanchain (WAN):-

● Listed on leading Cryptocurrency Platforms

The WAN Token has been successfully listed on leading cryptocurrency platforms such as CoinMarketCap, CoinGecko and Top crypto exchanges Binance, Huobi Global, KuCoin, AscendEX (Bitmax), Bitkub, CoinEX, CoinDCX, Bitrue, BKEX, BiONE, Pionex, TokoCrypto, Mandala Exchange, ZT, DragonEX and Bitbns etc. Also, at the time of writing this article WAN token is ranked #315 on CoinMarketCap.

● Enormous Social Media Presence

The Wanchain team has a strong presence on various leading social media platforms such as:-

 Twitter:- https://twitter.com/wanchain_org

 Reddit:-  https://www.reddit.com/r/wanchain/

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

 YouTube:- https://www.youtube.com/channel/UCW_i8cncT0d1RyX7YCA_oKQ

 Telegram Chat:- https://t.me/WanchainCHAT

 Telegram Announcement:- https://t.me/WanchainANN

 Telegram Tech Support:- https://t.me/WanchainSupport

● Wanchain Ambassadors Program

Wanchain is launching a Global Ambassadors Program aimed at bringing technical and non-technical people together on a global scale.

● Wanchain Ecosystem

The Wanchain Ecosystem has a wide variety of applications such as WanSwap (a cross-chain DEX, that allows liquidity mining using WAN tokens), WanLend (a decentralized lending platform, that allows users to stake WAN tokens as collateral), ZooKeeper (a gamified yield farming platform with NFTs) and many more such as Instant Cross, Jack's Pot, WanFarm, WanDex and Dark Forest etc.

● Blockchains Supported by Wanchain

Wanchain has been building its cross-chain infrastructure since 2017. In early 2021, it launched the world's first decentralized BTC-ETH direct bridge. Wanchain offers decentralized bridges connecting:- Bitcoin, Ethereum, Wanchain, EOS, Binance Smart Chain, XRP Ledger, Litecoin, Moonriver, Avalanche C-chain etc. And also, Dogecoin & Dfinity's ICP via WanLab's Instant Cross Platform.

● WAN and Other Wanchain Assets Supporting Wallets

There are various wallets in which the WAN and Wanchain assets can be stored. Some of the popular ones are:- Wanchain Desktop Wallet, Wanchain Mobile Wallet, MetaMask, WanMask, Wanchain Offline Wallet, Ledger, Trezor and Trust Wallet etc.

● Massive Upcoming Plans or Roadmap

The Wanchain team has massive upcoming plans which are mentioned in their roadmap. Many of them have been already achieved which is:-

● Wanchain 1.0 (Mainnet Launch)

● Wanchain 2.0 (Storeman Group Powered Wanchain - Ethereum Cross-Chain Transactions)

● Wanchain 3.0 (Expansion of Cross-Chain Mechanism to Support Both BTC and EOS Transactions)

● Wanchain 4.0 (T-Bridge Framework and Galaxy Consensus Proof of Stake)

● Wanchain 5.0 (WanBridges Enable Trustless Cross-Chain Transactions)

● Major Upgrade to Cross-Chain Mechanism in Order to Improve Node Operator Economics and Scalability (Upcoming)

● Wide Array of New Asset and Public Blockchain Integrations (Upcoming)

● Establish a DeFi Ecosystem Which Takes Advantage of Wanchain's Cross-Chain Infrastructure (Upcoming).

Love this article? Want to know more about Wanchain (WAN), Checkout:- https://www.explorewanchain.org/#/ and https://medium.com/wanchain-foundation

  • >> Disclaimer Risk warning:- Cryptocurrency Investment is subject to high market risk. The information on our website is for educational purposes only. Please do your own research before investing anywhere, we will not be responsible for your investment losses.
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