Dear global Waltonchain users and supporters,

Since the inception of Waltonchain in July 2017, the Waltonchain project has rapidly developed and made strong headway within China and Korea. Team members have made great contributions to the research, development and promotion of the Waltonchain ecosystem.The original lockup period for the team’s tokens was until 00:00 on July 18 2019, however in a rare move within the blockchain/cryptocurrency space and as a show of confidence in the Waltonchain project, the core team have decided to extend the lockup period by an additional 6 months to January 2020. In addition, once the team tokens are unlocked the monthly released amount will not exceed 10% of the total lockup amount — and pending further review closer to the time, the team even may decide to extend the lockup period again. We will be sure to announce closer to the time.

Team members will continue to promote the community ecosystem development, promote the launch of various ecosystem projects and commit to implementation of blockchain business applications.

We firmly believe blockchain is the best tool to optimize production relations and effectively allocate resources. The vision of Waltonchain is for the establishment and promotion of community autonomy as well as development of applied blockchain projects leveraging efforts of the whole community.

In the future, Waltonchain will create a completely open and fair autonomous community ecosystem beneficial for all participants.

1. Waltonchain will recruit applied blockchain projects from the whole community to form a project pool covering all industries with development potential;

2. Waltonchain will create an open, fair and just procedure for the community to select quality applied blockchain projects to realize high-speed development of the ecosystem;

3. Waltonchain will standardize community autonomy rules for the full project life cycle management including project selection, investment, operation, benefit distribution and other aspects to ensure high-speed development of the Waltonchain ecosystem.

Waltonchain team wishes to gather the R&D strength and infinite innovation of the community to jointly establish a vast ecology blueprint!

Waltonchain Team

July 4, 2019

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