My Top 3 Crypto Projects With Working Products

The cryptocurrency world is blessed with a lot of innovative projects and platforms that will prove revolutionary once they hit the ground running. Here are 3 of these projects that have started on the right track with working products.

Wanchain (WAN)

Wanchain is a distributed financial infrastructure that carries out cross-blockchain and intra-blockchain transfer without needing any middlemen. The platform’s blockchain protocol and distributed ledger ensures that any individual or institution can establish their own personal virtual teller window to provide services that include loan origination, transaction settlements, asset exchanges, and credit payments.

Wanchain – with guarantee from the distributed blockchain-based “banks” – will allow a large number of persons to take part in digital asset-based financial services. For better understanding, Wanchain is the piece that puts everything together in independent financial institutions. This platform will create a blockchain-based, mega-financial market.

Following its mainnet launch earlier this year, Wanchain has also:

Collaborated with Kyber Network to improve the establishment of the intertwined function of blockchain Launched WanLab – an ICO incubator – while also announcing 6 prominent ICO projects Rolled out its Wan Wallet Wanchain will roll out “Wanchain 2.0” in the summer of 2018 – a project that will show the cross-chain abilities of Wanchain and Ethereum. Wanchain 2.0 will begin the age of dApp creation and use on Wanchain.

2. ICON (ICX)

ICON plans to place itself in the position of connecting crypto with the real world using a mega decentralized network and hyperledger. ICON notably supports:

Decentralised apps as well as blockchain payment, exchange, and ID

Inter-operational interaction between blockchain with different governances

Real-time transactions between ICON communities and different cryptocurrencies

ICONex – ICON’s cryptocurrency wallet that boasts secure and swift transactions as well as compatibility with various cryptocurrencies

Unlike Ethereum that processes just 15 transactions per second, ICON can scale up to 9,000 tps. ICON also makes use of AI for its reward policies and distribution – making sure that all nodes on the network are equally rewarded.

ICON has already launched their Chain ID system in 2017 and their mainnet earlier this year. It has partnered with Kyber Network which will be instrumental in developing an interchain token exchange. ICON has also launched ICONex – their wallet; and ICONest – a token launch platform for dApps.

3. Mithril (MITH)

This is a decentralised social media platform that rewards users who create content. With social mining, social media users can earn MITH when they post content, videos, and photos. You don’t even need to be a social media celebrity to earn money with Mithril. Mithril – with the help of blockchain technology – will ensure safe transactions for every user. Also, blockchain’s decentralized data storage technology will provide users with a secure and transparent recording of transactions.

Mithril will be able to integrate with existing major social media platforms. The team at Mithril is already working with services and applications so that MITH will also be accepted as a form of payment. Using the Mithril Integration Protocol provides for the smooth integration of Mithril and social networks.

Mithril’s social mining algorithm will decide on the amount of MITH earned through social mining. This algorithm will make use of the number of stories posted, number of views, and number of likes.

Lit – Mithril’s revolutionary social media app – is presently in its beta version. The app was created with the current generation in mind – a generation hugely interested in social media AND cryptocurrency. It will include most of the regular social media features like story feeds, instant messaging, and discovery of new friends. Users who use Lit Stories will be rewarded MITH according to the impact these stories have made across the network.