september, 2017

06sepallday27alldayWanchain ICO (WAN)Wanchain is a distributed financial infrastructure based on digital assets it aims to offer, transactions, investing, loans, exchange and multi currency settlement systems

Event Details

Wanchain is a distributed financial infrastructure based on digital assets it aims to offer, transactions, investing, loans, exchange and multi currency settlement systems.

Two main roles for the Wancoin are:

1) process fees for Wanchain transactions and cross-chain transactions

2) bond deposits at each node for ensuring cross-chain transactions.

In terms of applications, as more and more cross-chain transactions are processed by Wanchain and if Wancoin appreciates in value, Wancoin may become an intermediate currency for currency exchanges.

Team:

  • Jack Lu: Founder
  • Zane Liang: CEO
  • Ying Zhang: CTO
  • Shi Liu
  • Demmon Zhao
  • Michael Y
  • Eric Swartz

Advisors:

  • Feng Han: Secretary-General of DACA
  • David A Johnston: Chairman of the board at Factom
  • Dustin Byington: President & Founder of Stokens Venture Capital, tendermint Co-Founder
  • Albert Ching: Founder of i-Sprint

Bonus Schedule:

  • 1 ETH = 880 WAN 6 Sept – 13 Sept
  • 1 ETH = 790 WAN 13 Sept – 20 Sept
  • 1 ETH = 750 WAN 20 Sept – 27 Sept

Token reserve split (49%):

  • 20% Team
  • 19% Foundation
  • 10% Miners

Minimum contribution is 0.1 ETH. Wanchain v1 is expected to go online in Nov 2017.

Time

september 6 (Wednesday) - 27 (Wednesday)

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